Synopsys Silicon Valley Science & Technology Outreach Foundation
- Assets
- $394.7k
- Revenue
- $915.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 77-0520414
Organization Overview
Synopsys Silicon Valley Science & Technology Outreach Foundation is located in Palo Alto, CA. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Synopsys Silicon Valley Science & Technology Outreach 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, Synopsys Silicon Valley Science & Technology Outreach Foundation generated $915.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Synopsys Silicon Valley Science & Technology Outreach Foundation has awarded 371 individual grants totaling $2,706,671. 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
SCIENCE PROJECT SUPPORT: THE SYNOPSYS OUTREACH FOUNDATION COLLABORATES WITH GREATER BAY AREA STAKEHOLDERS AND COMMUNITY PARTNERS TO PROVIDE EQUITABLE AND INCLUSIVE OPPORTUNITIES IN PROJECT-BASED STEM.
SCIENCEPALOOZA!: THE FOUNDATION PRESENTS AN ANNUAL SCIENCE FAIR FOR APPROXIMATELY 600 STUDENTS IN THE EAST SIDE UNION HIGH SCHOOL DISTRICT OF SAN JOSE.
COMPENSATION TO TEACHERS: THE FOUNDATION ADMINISTERS A PROGRAM TO COMPENSATE HIGH SCHOOL AND MIDDLE SCHOOL TEACHERS IN SANTA CLARA COUNTY WHO SPEND TIME OUTSIDE NORMAL CLASSROOM HOURS HELPING THEIR STUDENTS DEVELOP SCIENCE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Houston President | 1 | $176,635 | |
Erin Guzman Chairman | 1 | $0 | |
Dana Ditmore Director | 1 | $0 | |
Erika Varga Mcenroe Secretary | 1 | $0 | |
Thomas Ferry Director | 1 | $0 | |
Michael Keating Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $900,501 |
| Interest on Savings | $59 |
| 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 | $15,092 |
| Total Revenue | $915,652 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $197,048 |
| Other employee salaries and wages | $218,055 |
| Pension plans, employee benefits | $32,416 |
| Interest | $0 |
| Taxes | $11,263 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $320,080 |
| Total operating and administrative expenses | $806,504 |
| Contributions, gifts, grants paid | $200,690 |
| Total expenses and disbursements | $1,007,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,018 |
| Savings and temporary cash investments | $349,652 |
| 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 | $0 |
| Total assets | $394,670 |
| Accounts payable and accrued expenses | $3,008 |
| 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 | $3,008 |
Grants Awarded
Over the last fiscal year, Synopsys Silicon Valley Science & Technology Outreach Foundation has awarded $200,690 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SCVSEFA PURPOSE: SYNOPSYS SCIENCE FAIR CHAMPIONSHIP | $75,000 |
ALAMEDA COUNTY SCI ENG FAIR ASSN PURPOSE: ALAMEDA COUNTY SCIENCE FAIR | $40,000 |
SJSU RESEARCH FOUNDATION PURPOSE: MENTORING PROGRAMS | $35,940 |
SONOMA COUNTY OFFICE OF EDUCATION PURPOSE: SONOMA COUNTY SCIENCE FAIR | $15,000 |
9 TEACHER SUPPORT RECIPIENTS PURPOSE: 9 RECIPIENTS OF SCIENCEPALOOZA SUPPORT | $11,250 |
EAST SIDE UNION HS DISTRICT PURPOSE: SCIENCE FAIR | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Duffield Family Foundation Pleasanton, CA | $258,368,317 | $20,065,038 |
American Indian Model Schools Oakland, CA | $18,645,472 | $19,971,757 |
Partnership For Los Angeles Schools Los Angeles, CA | $63,718,377 | $31,128,437 |
Hamburger Home Los Angeles, CA | $14,127,988 | $18,500,267 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Summit Public Schools Washington Redwood City, CA | $14,247,719 | $16,987,121 |
All For Health Health For All Inc Glendale, CA | $29,884,317 | $23,523,677 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Oxford Preparatory Academy Aliso Viejo, CA | $8,703,539 | $15,190,265 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |