Mission
To expand the IEEE charitable body of work by inspiring philanthropic engagement that ignites a donor's innermost interests and values.
Public Charity
IEEE FOUNDATION INC
Based in PISCATAWAY, NJ, IEEE FOUNDATION INC operates as a Public Charity. The organization reported $11.2M in revenue, $6.5M in expenses, $84.7M in total assets for fiscal year 2024. Imperigo tracks 68 reported grant relationships connected to this organization totaling approximately $7.0M.
EIN: 237310664
PISCATAWAY, NJ
Fund Raising & Fund Distribution
NTEE: B12
Latest filing: 2024
Total Revenue$11.2M
Total Expenses$6.5M
Total Assets$84.7M
Grant Records68
Funding Total$7.0M
Filing Years2019–2024
Where $100 goes at IEEE Foundation Inc
How IEEE Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$81
Programs
the work itself
$18
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $81 for programs
$43
ENERGIZE
$18
EDUCATE
$15
ILLUMINATE
Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIP
$10,000
GENERAL SUPPORT
$9,433
Engineering Development
$3,355,893
EDUCATION
$270,190
GENERAL SUPPORT
$236,049
Showing up to 5 of 68 total records — full history available with membership.
Officers & Directors
Director-at-Large
Alex Acero
ASSISTANT TREASURER
Anthony Patane
Treasurer
Christopher Geiger
Director-at-Large
Howard Michel
Vice President, Programs
Jerry L Hudgins
Vice President, Development
John D Mcdonald
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $11.2M | $6.5M | $84.7M |
| 2023 | $10.0M | $6.9M | $76.5M |
| 2022 | $9.5M | $5.7M | $68.6M |
| 2020 | $6.4M | $4.4M | $61.9M |
| 2019 | $7.6M | $5.7M | $56.3M |
Between 2019 and 2024, reported annual revenue grew from $7.6M to $11.2M (+48%), with total assets most recently reported at $84.7M.
Interactive year-over-year charts and full filing details available with membership.