Fund for Science and Technology
Fund for Science and Technology is a private foundation, based in Seattle, WA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $3.1B in total assets. In 2025, it awarded 4 grants totaling $15.0M. Net investment income was $8.0M.
Fund for Science and Technology at a glance
In short: Fund for Science and Technology gave $15.0M across 4 grants in 2025 (avg $3.8M), mostly in Washington. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,000,000
- Grants made (2025)
- 4
- Average grant
- $3,750,000
- Median grant
- $2,000,000
- Total assets
- $3,142,689,295
- +127643.8% vs 2024
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Fund for Science and Technology funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was University of Washington an Agency of the State of Washington ($10.0M). Together the top 4 received $15.0M.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Fund for Science and Technology gives
- In 2025 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
In 2025 it made 4 grants totaling $15.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Washington an Agency of the State of Washington Bellevue, WA | Environment | $10,000,000 |
| Fred Hutchinson Cancer Center Seattle, WA | Bioscience | $2,000,000 |
| Seattle Children's Hospital Seattle, WA | Bioscience | $2,000,000 |
| Benaroya Research Institute at Virginia Mason Seattle, WA | Bioscience | $1,000,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,142,689,295 | $3,157,814,947 | $21,106,860 | $15,000,000 | 4 | $20,340,009 | $7,959,623 | $26,385,356 |
| 2024 | $2,460,151 | $136,360 | $991,545 | — | — | $491,243 | $69,438 | $133,269 |
| 2023 | $2,868,071 | $3,023,707 | $246,223 | — | — | $131,014 | — | $17,844 |
Under IRS private-foundation payout rules, Fund for Science and Technology reported a distributable amount of $26.4M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fund for Science and Technology is led by Lynda Stuart Start, President & Chief Executive Officer on the 2025 filing; 3 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Lynda Stuart Start
President & Chief Executive Officer
New on the 2025 filing
40 hrs/week
$512K (2025)
Jo Lynn Allen
Director & President
On filings since 2023
10 hrs/week
No compensation reported
Allan Jones
Director
On filings since 2023
5 hrs/week
$22K (2025)
Thomas Daniel
Director
On filings since 2023
5 hrs/week
$22K (2025)
Nancy Peretsman
Director
On filings since 2023
5 hrs/week
No compensation reported
Steve Ballmer
Director
On filings since 2023
5 hrs/week
No compensation reported
Abby Neupert
Secretary
On filings since 2024
1 hr/week
No compensation reported
Marilyn Valentine
Treasurer
On filings since 2024
1 hr/week
No compensation reported
Former officers (2)
- Former: Alison Ivey (2023–2024) — Secretary · Filing note: Thru 2124
- Former: William H. Hilf (2023–2024) — Vice President & Treasurer · Filing note: Thru 13024
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $512K, to Lynda Stuart Start 332025 (President & Chief Executive Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Fund for Science and Technology
How much does Fund for Science and Technology give each year?
Fund for Science and Technology gave $15.0M across 4 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Fund for Science and Technology's typical grant size?
Fund for Science and Technology's median grant in 2025 was $2,000,000, and its average grant was $3,750,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Fund for Science and Technology give grants?
Fund for Science and Technology gives mostly in Washington: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Seattle, WA (3 grants).
Does Fund for Science and Technology give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Fund for Science and Technology's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Bioscience" (3 grants).
How large is Fund for Science and Technology?
Fund for Science and Technology reported $3.1B in total assets on its 2025 IRS Form 990-PF. It paid out $20.3M in qualifying distributions that year, against a required minimum of $26.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Fund for Science and Technology's EIN?
Fund for Science and Technology's EIN (Employer Identification Number) is 92-2010769. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 31, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Fund for Science and Technology funds
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