New Jersey · Nonprofit
IEEE FOUNDATION INC
IEEE FOUNDATION INC (New Jersey) receives grants from 65 organizations whose IRS filings report $9,502,968 to it, the largest being Institute of Electrical and Electronics Engineers Inc ($3,355,893). 38 of them have funded it in more than one year.
- Revenue FY2024
- $11M
- Funders on record
- 65
- Grants received
- $9.5M
- Net assets
- $82M
What Ieee Foundation Inc does
Mission
To expand the IEEE charitable body of work by inspiring philanthropic engagement that ignites a donor's innermost interests and values.
As stated on its FY2024 Form 990.
Programs
ENERGIZE: Energizing innovation by celebrating technological and academic excellence through the presentation of peer-to-peer recognitions (medals, awards, and service recognitions) to hundreds of individuals for life-transforming work and IEEE-Eta Kappa Nu, the honor society of IEEE, where the importance of scholarship, character, and attitude are emphasized.
$2,831,038 spentof which $2,304,392 as grants54% of program spendingEDUCATE: Educating the next generation of innovators and engineers by nourishing students through academic opportunities: scholarships, fellowships, travel grants, mentoring, and introducing pre-university students to STEM and the history of technology with classroom curriculum, hands-on experiences, and interactive workshops. Programs include the IEEE PES Scholarship PLUS Initiative, IEEE REACH, TryEngineering, and Science Kits for Public Libraries.
$1,139,341 spentof which $1,029,097 as grants22% of program spendingILLUMINATE: Illuminating the possibilities of technology to address global challenges through the delivery and deployment of innovative sustainable projects that bring electricity, communication, education, and hope throughout the world. Programs include IEEE Smart Village, EPICS in IEEE, and IEEE Move Global.
$971,095 spentof which $971,095 as grants18% of program spendingENGAGE: Engaging a wider audience in appreciating the value and importance of engineering and technology through the work of the IEEE History Center to record, archive, and educate the public about the nature of technology and its relationship, both past and present, to society as well as the Life Members Fund, which supports new and exciting opportunities for young engineers and to keep Life Members active.
$342,872 spentof which $336,860 as grants6% of program spendingFUTURE: Looking beyond our lifetime to share the destiny of future generations, by ensuring future generations have sufficient and appropriate educational and inspirational programs and services to lay the foundation now. Programs include IEEE WIE and the IEEE Foundation Fund.
$1,000 spentof which $1,000 as grants0% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,285,346.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $62M to $72M (+17%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
78% of IEEE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 31 funders, grant income rose $173k → $1.7M.
16 of 65 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of IEEE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 65 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
IEEE FOUNDATION INC has a broad base — no single funder exceeds 35% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IEEE FOUNDATION INC.
Largest funder’s share by year: 2017 29% · 2018 30% · 2019 39% · 2020 57% · 2021 22% · 2022 30% · 2023 32% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of IEEE FOUNDATION INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
59% of IEEE FOUNDATION INC's grant income comes from New Jersey funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
IEEE FOUNDATION INC runs a healthier operating margin than three-quarters of the 4,065 education nonprofits its size.
this organization peer median middle 50% of peers· 4,065 education nonprofits $10M–$100M, FY2024
Organizations like IEEE FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
51%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 36 states
Part of a family of 1 related entity
- Institute of Electrical and Electronics Engineers Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for IEEE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds IEEE FOUNDATION INC?
- IEEE FOUNDATION INC (New Jersey) receives grants from 65 organizations whose IRS filings report $9,502,968 to it, the largest being Institute of Electrical and Electronics Engineers Inc ($3,355,893). 38 of them have funded it in more than one year.
- How many funders does IEEE FOUNDATION INC have?
- IRS filings report 65 organizations giving $9,502,968 in grants to IEEE FOUNDATION INC, 38 of which have funded it in more than one year.
- Who is the largest funder of IEEE FOUNDATION INC?
- Institute of Electrical and Electronics Engineers Inc is the largest funder on record, with $3,355,893 in grants. The full list of funders is on this page.
- How can an organization like IEEE FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 65 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing