The Broadcom Foundation is a corporate-sponsored 501(c)(3) private grantmaking foundation established in 2009. Based in Wilmington, Delaware, the foundation is a subsidiary of Broadcom Inc. and operates as a non-operating foundation that makes contributions to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$94.1M
-0.6% YoY
Annual Giving
$4.0M
+11.4% YoY
Grant Count
226
+22.2% YoY
Avg Grant Size
$18K
-8.8% YoY
Mission & Focus Areas
The Broadcom Foundation advances equitable access to STEM education and promotes coding as a critical 21st century skill. The foundation supports programs designed to:
- Advance STEM (Science, Technology, Engineering, and Mathematics) education
- Inspire youth to pursue careers in engineering
- Close the STEM education gap among women, ethnic, and minority populations
- Promote digital literacy and responsible use of artificial intelligence
- Create opportunities for volunteerism and civic engagement among Broadcom employees
- Strengthen Broadcom Corporation's social responsibility and global citizenship
The foundation targets middle school students (grades 5-8), focusing on a critical developmental period when young people form thinking about education and their future.
Grantmaking
The foundation operates through strategic partnerships and signature programs rather than traditional grant cycles:
Grant Range
$300,000 to $500,000
Review Cycle
- **Broadcom MASTERS®** - Title sponsorship of the national middle school STEM competition (Math, Applied Science, Technology and Engineering as Rising Stars), a premier science and engineering competition for middle school students
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds primarily across the United States with selective international programs. Geographic focus includes:
- Primary focus: United States and United Kingdom
- International programs: Malaysia, India
- Concentrated grantmaking: District of Columbia, California, and Ohio (accounting for 40% of all grants)
- Reach: Organizations across 35 states
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $94.1-94.7 million
- Annual revenue: $5.28-5.47 million
- Total expenses: $5.54-6.05 million
- Annual giving: $4.0-4.7 million
Historical Asset Growth:
- 2011: $72.7 million
- 2023: $94.7 million
Staffing:
- 4 employees
- Governed by 4 officers and trustees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $94,066,956 | $94,654,893 | $94,912,858 |
| Revenue | $5,465,478 | $5,284,942 | $1,654,047 |
| Expenses | $6,053,488 | $5,542,907 | $6,605,185 |
| Qualifying Distributions | $5,528,774 | $5,063,513 | $6,094,460 |
| Net Investment Income | $4,934,993 | $4,817,130 | $2,238,502 |
| Distributable Amount | $5,449,259 | $5,167,253 | $5,419,463 |
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
250 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
- Paula Golden - Executive Director and President
- Maria Wronski - CFO and Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paula Golden | Executive Dir, Pres | 40 | $359,834 |
| Carl McKinzie | Dir | 1 | — |
| Henry Samueli | Dir | 1 | — |
| Maria Wronski | CFO, Sec | 30 | $192,555 |
Recent News & Activity
Recent developments and announcements
The Broadcom Foundation brought twenty-five champions to the National STEM Festival in 2024, demonstrating its ongoing commitment to celebrating youth STEM achievement. The foundation continues to expand its coding initiatives through partnerships with organizations like Raspberry Pi Foundation North America, focusing on developing Code Clubs and online platform content.
[PDF] Form 990-PF - Broadcom FoundationThe foundation's recent strategic emphasis includes AI literacy as a critical 21st century skill alongside traditional STEM education, reflecting evolving workforce needs and technological advancement.
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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