IEEE Foundation Inc is a 501(c)(3) charitable organization based in Piscataway, New Jersey. Founded in 1973, the Foundation serves as the philanthropic partner of the Institute of Electrical and Electronics Engineers (IEEE). The organization expands IEEE's charitable work by inspiring philanthropic engagement aligned with donors' interests and values, with a focus on fostering technological innovation and excellence for the benefit of humanity.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$84.7M
+10.7% YoY
Annual Giving
$3.6M
-1.1% YoY
Grant Count
21
+40.0% YoY
Avg Grant Size
$172K
-29.3% YoY
Mission & Focus Areas
Mission: As the philanthropic partner of IEEE, the IEEE Foundation expands the IEEE charitable body of work by inspiring philanthropic engagement that ignites a donor's innermost interests and values.
Primary Focus Areas:
ENERGIZE: Celebrating technological and academic excellence through peer-to-peer recognitions including medals, awards, and service recognitions. Supports IEEE-Eta Kappa Nu, the honor society of IEEE, emphasizing scholarship, character, and attitude.
ILLUMINATE: Illuminating the possibilities of technology to address global challenges.
The Foundation addresses critical global needs including internet access, sanitation infrastructure, and electrical power access, recognizing that many of the world's most pressing challenges require innovations in engineering.
Grantmaking
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Geographic Focus
Where this funder awards grants
Primary grantmaking focus areas include Texas, Indiana, and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total assets: $84,710,583
- Total revenues: $11,245,366
- Total expenses: $6,538,091
- Total giving: $4,642,444
- Number of employees: 0
Historical Growth: The organization has experienced exceptional growth, with revenue increasing at an average of 12.1% annually over a seven-year period.
Tax Status:
- EIN: 23-7310664
- 501(c)(3) qualified organization
- IRS ruling year: 1973
- Audited financial statements and Form 990s available for 2021-2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $84,710,583 | $76,534,979 | $68,593,185 |
| Revenue | $11,245,366 | $10,028,105 | $9,548,823 |
| Expenses | $6,538,091 | $6,886,885 | $5,689,175 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,425,972 | $2,012,062 | $1,367,943 |
| Distributable Amount | — | — | — |
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
100 grants across all recorded years
Open Grants
5 open opportunities from Ieee Foundation Inc
AP-S Doctoral and Eugene F. Knott Memorial Pre-Doctoral Research Grants
IEEE FOUNDATION INC
Amount
US $3,500 - US $5,000
Deadline
Rolling / Open
C. J. Reddy Travel Grant
IEEE FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
IEEE Antennas and Propagation Society Mojgan Daneshmand Grant for Women
IEEE FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Executive Director: Karen Galuchie
- Board & Governance: Karen Galuchie (contact: +1.732.562.3860, k.galuchie@ieee.org)
Key Contact Personnel:
- General Donations: Richard Allen (+1.732.465.5871, richard.allen@ieee.org)
- Major Gifts & IEEE Heritage Circle: Michael Deering (+1.732.562.3915, m.deering@ieee.org) and Eileen Heltzer (+1.732.562.5537, e.heltzer@ieee.org)
- Planned Giving & IEEE Goldsmith Legacy League: Daniel DeLiberato (+1.732.562.5446, d.deliberato@ieee.org)
- Programs & Fund Establishment: Christopher Wright (+1.732.562.3894, wright.c@ieee.org)
- Donor Relations & Events: Laura Bessey (+1.732.465.7817, l.bessey@ieee.org)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christopher Geiger | Treasurer | 4 | — |
| Jerry L Hudgins | Vice President, Programs | 4 | — |
| John D McDonald | Vice President, Development | 4 | — |
| Marko Delimar | Secretary | 4 | — |
| Ralph Ford | President | 4 | — |
| Alex Acero | Director-at-Large | 2 | — |
| Howard Michel | Director-at-Large | 2 | — |
| Karen Panetta | Director-at-Large | 2 | — |
| Lorena Garcia | Director-at-Large | 2 | — |
| Mary Ellen Zellerbach | Director-at-Large | 2 | — |
| Nim Cheung | Director-at-Large | 2 | — |
| Sarah A Rajala | Director-at-Large | 2 | — |
| Sarah Spurgeon | Director-at-Large | 2 | — |
| Stephen Phillips | Director-at-Large | 2 | — |
| Tomy Sebastian | Director-at-Large | 2 | — |
| ANTHONY PATANE | ASSISTANT TREASURER | 2 | — |
| KAREN A GALUCHIE | ASST SECRETARY & EXEC DIRE | 40 | — |
| THOMAS R SIEGERT | ASSISTANT TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
**TryEngineering STEM Grant Recipients:** The Foundation announced grant recipients for 2025 and 2026 through the TryEngineering program, supporting STEM education initiatives.
Announcement: TryEngineering STEM Grant Recipients 2026 - TryEngineering.org**IEEE Computer Society Edward J. McCluskey Technical Achievement Award:** An endowment was established following a fundraising milestone.
IEEE Computer Society Edward J. McCluskey Technical Achievement Award Endowed**COVID-19 Response Fund:** The Foundation previously established and celebrated the impact of a COVID-19 Response Fund.
Making a Difference: Celebrating the Impact of the IEEE Foundation COVID-19**Women in Technology Recognition:** The Foundation spotlighted legacies of IEEE trailblazers including Mildred Dresselhaus, Martha Sloan, and Thelma Estrin as part of Women's History Month recognition.
Contact Information
Main Address: 445 Hoes Lane Piscataway, NJ 08854-4141 U.S.A.
Phone: +1.732.562.5349 Email: donate@ieee.org
Website: www.ieeefoundation.org
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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