Analog Devices Foundation
The Analog Devices Foundation is a corporate foundation established in 2020 by Analog Devices, Inc., a leading semiconductor company. Based in Boston, Massachusetts, the Foundation aligns employee engagement and community investment initiatives to expand positive social impact in communities where Analog Devices employees live and work worldwide.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.8M
+17.8% YoY
Annual Giving
$2.0M
+27.4% YoY
Grant Count
1,158
+12.5% YoY
Avg Grant Size
$2K
+13.2% YoY
Mission & Focus Areas
Mission Statement: "Engineering a More Sustainable Future for Our Planet and People"
The Foundation takes guidance from the United Nations' Sustainable Development Goals and supports charitable organizations across three primary focus areas:
Protect the Environment
- Support initiatives that reduce carbon emissions, conserve water and reduce waste, protect the ocean, and promote renewable energy sources
Improve Education Access
- Support initiatives that broaden access to high-quality STEM education and job opportunities
- Provide underserved communities with tools needed to progress and thrive
Advance Societal Change
- Support initiatives and leverage innovative solutions to solve community problems
- Support efforts to eradicate poverty
- Promote health and well-being
Grantmaking
The Foundation operates through multiple giving mechanisms including community grants, employee matching gifts for both time and money, and volunteer grants.
Grant Range
$3 to $932,113
Average Grant
amount: approximately $1,491
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Geographic Focus
Where this funder awards grants
The Foundation is committed to supporting communities where Analog Devices employees live and work around the world. Primary geographic focus includes the United States, with particular concentration in Massachusetts, California, and Texas. The Foundation maintains a broad national presence, supporting organizations across numerous states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $35,836,306
- Total Revenue: $1,601,593
- Total Expenses: $2,476,895
- Total Liabilities: $573,000
- Annual Giving Rate: 6.5%
Historical Growth: The Foundation has demonstrated consistent growth in grant-making activity, increasing from 764 awards in 2021 to 1,158 awards in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,836,306 | $30,426,368 | $30,375,749 |
| Revenue | $1,601,593 | $141,377 | $1,239,762 |
| Expenses | $2,476,895 | $2,153,362 | $2,739,860 |
| Qualifying Distributions | $2,154,985 | $1,689,162 | $2,468,806 |
| Net Investment Income | $1,430,958 | $576,979 | $971,886 |
| Distributable Amount | $1,677,417 | $1,570,114 | $1,714,935 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Executive Leadership:
- Christina Dervin, Executive Director (40 hours/week)
- Vincent Roche, Executive Advisor (3 hours/week)
- John Weidman, President (3 hours/week)
Board Leadership:
- Stephanie Sidelko, Chair of the Board (term start February 2024)
- Dan Leibholz, Chair of the Board (term end February 2024)
- Rebecca Dishotsky, Vice President (term start October 2024)
- Shelly Shaw, Secretary (3 hours/week)
- Michael Sondel, Treasurer (3 hours/week)
- Rich Puccio, Director (term start February 2024)
Board members and executives work without compensation, reflecting commitment to the Foundation's philanthropic mission.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINA DERVIN | EXECUTIVE DIRECTOR | 40 | — |
| VINCENT ROCHE | EXECUTIVE ADVISOR | 3 | — |
| DAN LEIBHOLZ | CHAIR OF THE BOARD (TERM END 2/2024) | 0.25 | — |
| STEPHANIE SIDELKO | CHAIR OF THE BOARD (TERM START 2/2024) | 0.25 | — |
| JOHN WEIDMAN | PRESIDENT | 3 | — |
| REBECCA DISHOTSKY | VICE PRESIDENT (TERM START 10/2024) | 3 | — |
| SHELLY SHAW | SECRETARY | 3 | — |
| MICHAEL SONDEL | TREASURER | 3 | — |
| MARIYA TRICKETT | DIRECTOR (TERM END 10/2024) | 0.25 | — |
| RICH PUCCIO | DIRECTOR (TERM START 2/2024) | 0.25 | — |
| VIVEK JAIN | DIRECTOR (TERM START 10/2024) | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has partnered with external organizations to advance its mission:
Analog Devices, Hertz Foundation Partner to Advance Analog, Digital and Software**Hertz Foundation Partnership:** Analog Devices partnered with the Hertz Foundation to empower future leaders in analog, digital, and software technology solutions
[PDF] Analog Devices, Inc. - SEC.gov**UMass Lowell Collaboration:** The Foundation collaborated with UMass Lowell and Analog Devices to establish a new RF/Microwave Learning Lab to advance student learning in science and engineering
[PDF] Analog Devices, Inc. - SEC.gov**Station1 Grant:** The Foundation provided support to Station1, demonstrating commitment to community-based initiatives
**Contact Information:**
Address: 125 Summer Street, Boston, MA 02110
Email: Foundation@analog.com
Website: analog.com/en/corporate-responsibility/esg-focus-areas/analog-devices-foundation.html
Phone: (781) 329-4700
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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