Intel Foundation
- Assets
- $42.8m
- Revenue
- $25.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsboro, OR
- Founding
- 07/1989
- Data as of
- 12/2022
- EIN
- 94-3092928
Organization Overview
Intel Foundation is located in Hillsboro, OR. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Intel 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 12/2022, Intel Foundation generated $25.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $33.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Intel Foundation has awarded 233 individual grants totaling $279,909,107. 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 |
|---|---|---|---|
Pia Wilson-Body President/executive Director | 1 | $0 | |
Sandra Rivera Director | 1 | $0 | |
Sharon Heck Treasurer | 1 | $0 | |
Allen Thompson Director | 1 | $0 | |
Christy Pambianchi Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000,000 |
| Interest on Savings | $362,002 |
| 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 | $25,362,002 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,367 |
| Contributions, gifts, grants paid | $32,941,540 |
| Total expenses and disbursements | $32,957,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,844,436 |
| 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 | $42,844,436 |
| 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, Intel Foundation has awarded $32,941,540 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: MATCHING GIFTS, VOLUNTEER MATCHING GRANTS | $26,924,431 |
GEEKS WITHOUT FRONTIERS PURPOSE: N50 PROJECT UKRAINE REFUGEE COMMUNICATION CONTAINER PROJECT | $500,000 |
STEM NEXT OPPORTUNITY FUND PURPOSE: MILLION GIRLS MOONSHOT | $1,400,000 |
SCHOLARSHIP AMERICA PURPOSE: ANDY GROVE SCHOLARSHIP FOR INTEL EMPLOYEES' CHILDREN | $1,438,916 |
THE UK ONLINE GIVING FOUNDATION PURPOSE: MATCHING GIFTS, VOLUNTEER MATCHING GRANTS | $2,678,193 |