Coherent II-VI Foundation logo

Coherent II-VI Foundation

Private foundation · Grantmaker Pittsburgh, PA EIN: 20-8824719 Website

Coherent II-VI Foundation is a private foundation based in Pittsburgh, Pennsylvania. Its programs support students pursuing science, technology, engineering, and mathematics (STEM), including undergraduate scholarships and graduate-level research support.

Coherent II-VI Foundation at a glance

In short: Coherent II-VI Foundation gave $1.4M across 51 grants in 2024 (avg $27K), top state Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,394,714
-19.8% vs 2023
Grants made (2024)
51
-8.9% vs 2023
Average grant
$27,347
-12.0% vs 2023
Median grant
$10,000
Total assets
$8,842,260
+18.9% vs 2023
Primary geography
Illinois (23% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Coherent II-VI Foundation

How to Apply

The 2024 filing lists Richard W. Purnell as the application contact and says to see an attached sheet for forms and materials. The foundation states that it does not restrict giving to preselected organizations. Its stated scholarship restriction is that awards are intended for qualified high-school applicants in locations where Coherent Corp. maintains a plant or manufacturing facility.

Review Cycle
July 15.
Deadline
July 15.
Contact

Application contact: Richard W Purnell
Mailing address: 321 Foxcroft Road, Pittsburgh, PA 15220
Phone: (412) 996-5236
Email: rpurnell@co26fdn.org
Website: https://coherent.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Coherent II-VI Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Illinois: $109K across 2 grantsUniversity of Illinois$109K · 2 grantsUniversity of Buffalo a: $95KUniversity of Buffalo a$95KUniversity of Buffalo B: $95KUniversity of Buffalo B$95KUniversity of California Santa Barb: $95KUniversity of California SantaBarb$95KUniversity of Chicago: $95KUniversity of Chicago$95KUniversity of Illinois Urbana Champ: $95KUniversity of Illinois UrbanaChamp$95KUniversity of Michigan: $95KUniversity of Michigan$95KThe Ohio State University: $95KThe Ohio State University$95KUniversity of Rochester: $95KUniversity of Rochester$95KUniversity of Texas at Austin: $95KUniversity of Texas at Austin$95K

The largest 2024 recipient was University of Illinois ($109K across 2 grants). Together the top 10 received $964K.

Organizations only. It also paid 37 individual scholarships ($350,500), which are not listed by name.

Grant Size Distribution

268 grants across all recorded years

206<$50K59$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 206 grants of 268 (77%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in multiple states. The largest state shares were Illinois (23%), New York (21%), Pennsylvania (13%), Ohio (12%), and Michigan (8%). The foundation’s stated scholarship restriction refers to high-school applicants in locations where Coherent Corp. maintains a plant or manufacturing facility.

Grant Distribution by State

19states

Share of 2024 grant dollars across all 51 itemized grants.

Cities

ChicagoPittsburghColumbusTucsonAlbanyBozemanAtlantaNewarkSanta BarbaraAllison ParkAustinCharlottesvilleMississippi StateRochesterSalt Lake CityAnn ArborAnn HarborCharlottevilleHomesteadHuntingdon

How Coherent II-VI Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−17%). Method
  • In 2024 it paid out 183% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M48 grants2020 52 grants2021 61 grants2022 56 grants2023 51 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $2.0M (2022). In 2024 it made 51 grants totaling $1.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Buffalo a Albany, NYBlock Gift$95,000
University of Buffalo B Albany, NYBlock Gift$95,000
University of California Santa Barb Santa Barbara, CABlock Gift$95,000
University of Chicago Chicago, ILBlock Gift$95,000
University of Illinois Chicago, ILBlock Gift$95,000
University of Illinois Urbana Champ Chicago, ILBlock Gift$95,000
University of Michigan Ann Arbor, MIBlock Gift$95,000
The Ohio State University Columbus, OHBlock Gift$95,000
University of Rochester Rochester, NYBlock Gift$95,000
University of Texas at Austin Austin, TXBlock Gift$95,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$8,842,260$3,973,500$1,899,036$1,394,71451$1,805,145$2,764,182$983,909
2023$7,437,681$2,182,971$2,217,275$1,739,87056$2,150,977$816,908$657,501
2022$7,816,011$2,805,081$2,505,579$1,974,19961$478,151$1,722,338$883,971
2021$8,787,833$1,507,974$2,198,018$1,677,58852$424,095$442,196$1,219,510
2020$8,948,236$2,844,205$1,801,438$1,293,39248—$2,750,432$856,292

Under IRS private-foundation payout rules, Coherent II-VI Foundation reported a distributable amount of $984K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated mission is to encourage and enable students to pursue careers in STEM while maintaining a standard of excellence. Its two primary programs are undergraduate student scholarships and block gifts for graduate students. The foundation has also described support for mini-conferences, early education initiatives, and postdoctoral fellowships.

In 2024, it made block-gift grants to universities and other institutions. Among the grantees described in their own words, the University of Chicago says its mission is to sustain excellence in communicating and creating knowledge and fostering a community of scholars and students. The University of Rochester describes its mission as providing higher education, research, and charitable patient care services. The Ohio State University describes its mission as cultivating an engaged Buckeye alumni community, while the University of Michigan grantee’s stated mission is to represent and advocate for its member physicians.

Grantmaking

In 2024, the foundation reported 51 grants totaling $1,394,714. Grant amounts ranged from $5,000 to $95,000, with a median of $10,000. Its largest listed grants included $95,000 each to the University of Buffalo A, University of Buffalo B, University of California Santa Barbara, University of Chicago, University of Illinois, University of Illinois Urbana-Champaign, University of Michigan, The Ohio State University, University of Rochester, and University of Texas at Austin. Each was designated as a “BLOCK GIFT.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard W. Purnell as executive director; Carl J. Johnson as chairman emeritus and director; Marc Y. E. Pelaez as chairman and director; Elgin Eissler and J. D. Brookhart as directors; Holly S. McCann as secretary; and Young Kai Chen as director.

Coherent II-VI Foundation is led by Richard W. Purnell, Executive Director on every filing since 2020; 1 of 7 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Richard W. Purnell

    Executive Director

    On filings since 2020

    40 hrs/week

    $246K (2020) → $201K (2024)

  • Marc Y. E. Pelaez

    Chairman & Director

    Director → Chairman & Director, 2023

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Carl J. Johnson

    Chairman Emeritus & Director

    Chairman & Director → Chairman Emeritus & Director, 2023

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Elgin Eissler

    Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • J. D. Brookhart

    Director

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Young Kai Chen

    Director

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Holly S. McCann Esquire

    Secretary

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Richard W Purnell — Executive Director: $201KRichard W PurnellExecutive Director$201K

The highest reported compensation on the 2024 filing was $201K, to Richard W Purnell (Executive Director).

Frequently asked questions about Coherent II-VI Foundation

How much does Coherent II-VI Foundation give each year?

Coherent II-VI Foundation gave $1.4M across 51 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.7M across 56 grants.

What is Coherent II-VI Foundation's typical grant size?

Coherent II-VI Foundation's median grant in 2024 was $10,000, and its average grant was $27,347, across 51 grants on its 2024 IRS Form 990-PF.

Where does Coherent II-VI Foundation give grants?

Coherent II-VI Foundation's top state is Illinois, with 23% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (21%) and Pennsylvania (13%). The most frequent recipient cities were Chicago, IL (4 grants) and Albany, NY (2 grants).

Does Coherent II-VI Foundation give general operating support?

Not in 2024: none of the 51 grants with a stated purpose on Coherent II-VI Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (37 grants) and "Block Gift" (13 grants).

Who are Coherent II-VI Foundation's largest grantees?

Coherent II-VI Foundation's largest 2024 grantees include University of Illinois ($108,664 across 2 grants), University of Buffalo a ($95,000) and University of Buffalo B ($95,000), according to its 2024 IRS Form 990-PF. It also paid 37 individual scholarships ($350,500), which are not listed by name. Together they received 21% of its itemized 2024 grant dollars.

How large is Coherent II-VI Foundation?

Coherent II-VI Foundation reported $8.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $984K (roughly 5% of its investment assets).

What does Coherent II-VI Foundation fund?

The foundation’s stated mission is to encourage and enable students to pursue careers in STEM while maintaining a standard of excellence. Its two primary programs are undergraduate student scholarships and block gifts for graduate students. See mission & focus areas ↑

How do I apply for a grant from Coherent II-VI Foundation?

The 2024 filing lists Richard W. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Coherent II-VI Foundation's EIN?

Coherent II-VI Foundation's EIN (Employer Identification Number) is 20-8824719. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Coherent II-VI Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/coherent-ii-vi-foundation-morg_a7e83b2c1ad04653ad059badc4fd8db1

BibTeX
@misc{grantable_208824719_2026,
  author       = {{Grantable}},
  title        = {{Coherent II-VI Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/coherent-ii-vi-foundation-morg_a7e83b2c1ad04653ad059badc4fd8db1},
  note         = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Coherent II-VI Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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