Applied Materials Foundation
- Assets
- $18.1m
- Revenue
- $16.7m
- Investments
- $4.6m
- Employees
- 0
- Location
- Santa Clara, CA
- Founding
- 07/1995
- Data as of
- 10/2023
- EIN
- 77-0386898
Organization Overview
Applied Materials Foundation is located in Santa Clara, CA. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Applied Materials 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 10/2023, Applied Materials Foundation generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $8.6m during the year ending 10/2023. While expenses have increased by 3.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Applied Materials Foundation has awarded 2,035 individual grants totaling $86,848,526. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Pon President And Board Member | 0.5 | $0 | |
Yvonne Leyba Secretary | 1 | $0 | |
Steve Shee CFO And Assistant Secretary | 5 | $0 | |
Teri Little Board Member | 0.5 | $0 | |
Siobhan Kenney Operations Officer | 10 | $0 | |
Charles Read Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,838,338 |
| Interest on Savings | $54,783 |
| Dividends & Interest | $816,211 |
| 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 | $16,709,332 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,945 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,253 |
| Total operating and administrative expenses | $96,915 |
| Contributions, gifts, grants paid | $8,501,654 |
| Total expenses and disbursements | $8,598,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5 |
| Savings and temporary cash investments | $13,507,832 |
| Net Accounts receivable | $13,767 |
| 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 | $1,119,165 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,106,919 |
| Accounts payable and accrued expenses | $13,566 |
| Grants payable | $220,209 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,354 |
| Total liabilities | $237,129 |
Grants Awarded
Over the last fiscal year, Applied Materials Foundation has awarded $8,469,775 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: YOU (THE) BE THE CHANGE | $500,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: BUILDING CAPACITY TO EMPOWER GIRLS IN SANTA CLARA COUNTY | $170,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT FOR ACTION INC | $600,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: EAST SIDE COMMUNITY ARTS 2022 SUMMER PROGRAM | $1,080,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: 2022 BROADWAY CONCERT SERIES AND TRAINING CAMP | $1,000,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: HARRY WARREN: WILD ABOUT HARRY! | $660,000 |