Ptrd Foundation Inc

Nonprofit profile at a glance

EIN
923646531
IRS 990-PF coverage
2023–2025
Forms available
Form 990-PF 2025
Location
Mattapoisett, MA, USA
Phone
5087587873
Rating
93
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$66,784
Expenses
$51,942

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2025

The foundation reported 4 grants totaling $40,000. The stated grant purposes included the foundation gave a grant in the amount of $10,000 to the mit misti program, which makes it possible for mit students to experience the world while advancing knowledge, tackling tough challenges, and preparing for lives of impact, service, and leadership in an interconnected global society., the foundation gave a grant in the amount of $10,000 to the mit superurop program (an advanced undergraduate research opportunities program). this program is a two-semester supervised project, which takes undergraduates through the complete research cycle, from selecting a topic and designing their experiment to writing a technical paper and presenting their results at conferences. over one thousand undergraduates have already gained valuable research experience through superurop, helping them make informed decisions about graduate school, stem careers, and more., and the foundation gave a grant in the amount of $15,000 to the amadeus music school in indonesia, which strives to develop diligence, sensitivity, persistence and conscientiousness in students, while giving them a pathway to international music studies. the grant was given to assist with music education and concert productions after the foundation exercised expenditure responsibility within the meaning of sections 4945(d)(4)(b) and 4945(h) of the internal revenue code., plus 1 other reported purpose.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 79% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 77
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 81

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 64th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 77%; rating input score 77; 47th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 22.69; rating input score 81; 81st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 81th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.