The American Institute of Mathematics was created in 1994 by businessmen and math enthusiasts, John Fry and Steve Sorenson. The Institute, currently based in Palo Alto, California, has been visited by over 4000 mathematicians from around the world.

The focus of the Mathematics Institute is to expand the knowledge of mathematics through small group research, conferences and through the development of an extensive online mathematics database. They also work to preserve the history of mathematics by collecting old and rare documents, and making them available to other mathematicians around the world.

The American Institute of Mathematics has been influential in providing help and leadership to numerous students, teachers, and organizations throughout the South Bay and Silicon Valley communities, as well as around the world. Contributions to organizations such as the San Jose Math Circle, BAMA, and Morgan Hill Math have instilled a desire for mathematical knowledge in young communities. The American Institute of Mathematics has also created an organization called the Math Teacher's Circle Network to encourage unique and relatable techniques for instructors to teach problem solving to their students.

AIM is leading the Mathematics of the Planet Earth 2013 initiative that emphasizes the important role mathematics plays in dealing with issues related to the planet. This initiative will bring together more than 50 mathematics organizations worldwide.

The support of Fry's Electronics has enabled The American Institute of Mathematics to expand its influence and the scope of its important work throughout the world.

The Frys.com Open strives to make an impact in the community through charitable donations and has raised more than $5 million for charity in the past seven years. Additional benefiting charities include but are not limited to: • The First Tee of Silicon Valley • Special Olympics Northern California • CordeValle Youth Golf Foundation • Bonnie J. Addario Lung Cancer Foundation • American Cancer Society • Northern California Golf Association Foundation