Illumina Corporate Foundation
- Assets
- $8.2m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 47-5649615
Organization Overview
Illumina Corporate Foundation is located in Wilmington, DE. The organization was established in 2016. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illumina Corporate Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Illumina Corporate Foundation generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year .
Since 2016, Illumina Corporate Foundation has awarded 143 individual grants totaling $11,280,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL EXPLANATION ATTACHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Desouza Dir | 1 | $0 | |
Charles Dadswell Dir, Pres*, Sec | 1 | $0 | |
Phil Febbo Dir, Pres | 1 | $0 | |
Aimee Hoyt Dir | 1 | $0 | |
Jacquie Ross Dir, Sec, Treas | 1 | $0 | |
Matt Blake Dir, Treas | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Genetic Alliance | 12/30/20 | $282,032 |
Discovery Education Inc | 12/30/20 | $150,000 |
Precision Medicine Advisors Llc | 12/30/20 | $55,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,300,000 |
| Interest on Savings | $29,761 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,329,761 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $291 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,900 |
| Total operating and administrative expenses | $241,172 |
| Contributions, gifts, grants paid | $4,547,562 |
| Total expenses and disbursements | $4,788,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,106,751 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $56,321 |
| Total assets | $8,163,072 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Illumina Corporate Foundation has awarded $4,547,562 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: SUPPORTING BIOMEDICAL AUTOMATION WORKCELLS AT SCRIPPS INSTITUTE OF OCEANOGRAPHY | $973,000 |
Oakland, CA PURPOSE: ENERGY FOR ALL AND WORKFORCE DEVELOPMENT PROGRAMS | $500,000 |
Oakland, CA PURPOSE: PROVIDE SCHOLARSHIP FUND SUPPORT TO PUBLIC HEALTH UNDERGRADUATE, POSTGRADUATE, AND DOCTORAL STUDENTS SPECIALIZING IN PUBLIC HEALTH AND RELATED MAJORS TO FULL-TIME UNDERGRADUATE STUDENTS, POSTGRADUATE STUDENTS, AND DOCTORAL STUDENTS | $350,000 |
Newark, DE PURPOSE: GENERAL & UNRESTRICTED | $292,361 |
THE UK ONLINE GIVING FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $255,748 |
Oakland, CA PURPOSE: APAC COMMUNITY FUND | $240,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Zimmer Family Foundation Inc Saddle River, NJ | $21,093,817 | $10,817,000 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
David R & Patricia D Atkinson Foundation Princeton, NJ | $114,019,131 | $20,460,455 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
William And Phyllis Mack Family Foundation Inc Fort Lee, NJ | $6,899,137 | $5,510,037 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |