Analog Devices Foundation
- Assets
- $30.4m
- Revenue
- $1.2m
- Investments
- $30.3m
- Employees
- 0
- Location
- Boston, MA
- Founding
- Data as of
- 10/2022
- EIN
- 84-4029107
Organization Overview
Analog Devices Foundation is located in Boston, MA. 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. Analog Devices 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 10/2022, Analog Devices Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.7m during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Analog Devices Foundation has awarded 1,876 individual grants totaling $5,260,643. 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 |
|---|---|---|---|
John Weidman President | 3 | $0 | |
Prashanth Mahendra-Rajah Chair Of The Board | 0.25 | $0 | |
Shelly Shaw Secretary | 3 | $0 | |
Christina Dervin Executive Director | 40 | $0 | |
Michael Sondel Treasurer | 3 | $0 | |
Mariya Trickett Term Start 62022 Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pnc | 10/30/22 | $126,009 |
Cliftonlarsenallen | 10/30/22 | $76,771 |
Cybergrants | 10/30/22 | $74,176 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,072,600 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,889 |
| Capital Gain Net Income | $72,889 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $94,273 |
| Total Revenue | $1,239,762 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,302 |
| Depreciation | $19,196 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $146,687 |
| Total operating and administrative expenses | $475,026 |
| Contributions, gifts, grants paid | $2,264,834 |
| Total expenses and disbursements | $2,739,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,654 |
| 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 | $34,510 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $15,997 |
| Other assets | $33,348 |
| Total assets | $30,375,749 |
| Accounts payable and accrued expenses | $3,691 |
| Grants payable | $100,604 |
| 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 | $104,295 |
Grants Awarded
Over the last fiscal year, Analog Devices Foundation has awarded $2,314,836 in support to 1,098 organizations.
| Grant Recipient | Amount |
|---|---|
CAFA INTERNATIONAL PURPOSE: GENERAL SUPPORT | $680,011 |
New York, NY PURPOSE: GENERAL SUPPORT | $142,215 |
Boston, MA PURPOSE: GENERAL SUPPORT | $125,250 |
Newton, MA PURPOSE: GENERAL SUPPORT | $51,270 |
Ithaca, NY PURPOSE: GENERAL SUPPORT | $50,420 |
Cambridge, MA PURPOSE: GENERAL SUPPORT | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Analog Devices Foundation has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Massmutual Foundation Inc Springfield, MA | $16,295,000 | $8,380,000 |
Brooklyn Community Foundation Brooklyn, NY | $117,862,940 | $42,787,989 |
The@macmillan Family Foundation Inc New York, NY | $313,323,783 | $55,336,840 |
Foundation For Opioid Response Efforts New York, NY | $121,364,686 | $9,522,193 |
Friends Of Ahavat Shalom Inc Monsey, NY | $3,129,424 | $10,586,531 |
Barnett & Annalee Newman Foundation Tr New York, NY | $11,118,262 | $1,105,539 |
Lone Pine Foundation Inc Greenwich, CT | $70,601,962 | $14,308,044 |
Citizen Of Burma Award Organization Inc Jackson Heights, NY | $195,993 | $9,716,460 |
Cullen Foundation Buffalo, NY | $115,865,929 | $16,357,498 |
Fiduciary Charitable Foundation Boston, MA | $117,480,981 | $103,573,534 |
Danoff Fam Private Charitable Foundation Tr Albany, NY | $116,755,274 | $33,799,667 |