The Intel Foundation is a private grantmaking foundation based in Hillsboro, Oregon, established in 1989. As the philanthropic arm of Intel Corporation, the foundation works to strengthen communities by rallying Intel employees to volunteer and providing technology, learning opportunities, and investments to create long-term impact in local communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.1M
-37.3% YoY
Annual Giving
$25.2M
-11.9% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$3.6M
-49.7% YoY
Under IRS private-foundation payout rules, Intel Foundation reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: The Intel Foundation empowers youth and communities with the skills and confidence to rise, advance and excel by bringing people, partnerships, and technology together.
Primary Focus Areas:
- K-12 and higher education STEM experiences
- Science and technology education
- Community resilience and crisis response
- Workforce development in semiconductor and advanced manufacturing fields
- Education and human services initiatives
The foundation champions educational programs designed to inspire students to think bigger and ensure the future is filled with innovators from every community.
Grantmaking
The foundation makes contributions to preselected charitable organizations. The foundation has supported 35 unique organizations across its history.
Grant Range
$5,000 to $26.9M
Average Grant
amount: Approximately $2.7M
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Geographic Focus
Where this funder awards grants
The Intel Foundation supports initiatives across multiple U.S. states and cities, including:
States: California, Florida, Minnesota, Texas, Oregon, Arizona, New Mexico, Indiana, and others
Cities: Austin, Minneapolis, Safety Harbor, San Diego, and various Oregon communities
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023-2024):
- Total assets: $60.8M (2023); $38.1M–$38.2M (2024 filings)
- Total revenue: $46.6M (2023)
- Total expenses: $28.6M (2023)
- Total liabilities: $0 (2023)
- Annual income: $2.5M
Financial Trend: Annual giving has fluctuated, with peak grantmaking activity in 2022 ($65.9M distributed across 10 grants) and more recent annual distributions of $28.6M.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,147,850 | $60,834,640 | $42,844,436 |
| Revenue | $2,541,846 | $46,571,449 | $25,362,002 |
| Expenses | $25,228,636 | $28,581,245 | $32,957,907 |
| Qualifying Distributions | $25,194,790 | $28,574,100 | $32,957,907 |
| Net Investment Income | $2,537,121 | $1,414,822 | $362,002 |
| Distributable Amount | $2,337,438 | $1,513,211 | $2,360,431 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Online Giving Foundation Inc ($18,754,286), The Uk Online Giving Foundation ($3,374,773), Scholarship America ($1,321,766).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN ONLINE GIVING FOUNDATION INC SAFETY HARBOR, FL | MATCHING GIFTS, VOLUNTEER MATCHING GRANTS | $18,754,286 |
| SCHOLARSHIP AMERICA MINNEAPOLIS, MN | ANDY GROVE SCHOLARSHIP FOR INTEL EMPLOYEES' CHILDREN | $1,321,766 |
| STEM NEXT OPPORTUNITY FUND SAN DIEGO, CA | 2024 - 2025 BUILDING DIVERSE STEM TALENT FOR THE SEMICONDUCTOR DECADE | $100,000 |
| THE UK ONLINE GIVING FOUNDATION | MATCHING GIFTS, VOLUNTEER MATCHING GRANTS | $3,374,773 |
| PROJECT LEAD THE WAY INC INDIANAPOLIS, IN | 2025 - 2027 PLTW ADVANCED MANUFACTURING CURRICULUM DEVELOPMENT & SCHOOL GRANTS | $1,000,000 |
| SOCIETY FOR SCIENCE & THE PUBLIC WASHINGTON, DC | 2025 - 2026 INTEL EDUCATION OUTREACH DAY AT ISEF AZ AND OH | $300,000 |
| STEM NEXT OPPORTUNITY FUND SAN DIEGO, CA | 2024- 2025 INTEL FOUNDATION/STEM NEXT STEAM ENGAGEMENT FOR IDM 2.0 US MFG SITES | $300,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation operates with a volunteer leadership team, with all members serving without compensation:
- Christy Pambianchi – Chair
- Dawn Jones – President
- Pia Wilson-Body – President/Executive Director
- Sandra Rivera – Director
- Allen Thompson – Director
- Beth Meuth – Treasurer
- Orietta Verdugo – Secretary
- Michelle Holthaus – Board Member
- Madison West – Board Member
- Karlin Keller – Board Member
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAWN JONES | PRESIDENT | 1 | — |
| CHRISTY PAMBIANCHI | CHAIR | 1 | — |
| BETH MEUTH | TREASURER | 1 | — |
| ALLEN THOMPSON | DIRECTOR | 1 | — |
| MICHELLE HOLTHAUS | BOARD MEMBER | 1 | — |
| MADISON WEST | BOARD MEMBER | 1 | — |
| KARLIN KELLER | BOARD MEMBER | 1 | — |
| ORIETTA VERDUGO | SECRETARY | 1 | — |
| DARCY ORTIZ | BOARD MEMBER (END 12/31/24) | 1 | — |
| RICK ECHEVARRIA | BOARD MEMBER (END 12/31/24) | 1 | — |
| ERIN ALCARAZ | ACTING EXEC. DIR (END 9/30/24) | 1 | — |
Recent News & Activity
Recent developments and announcements
The Intel Foundation has announced significant investments in STEM education and workforce development:
Intel Foundation**$1.25 Million STEM Education Award:** The foundation awarded $1.25 million for STEM education programming, including investments to scale innovative collaboration initiatives focused on inspiring girls to lead in technology.
Inspiring Girls to Lead in Tech: Intel Foundation invests $1.25M to scale**Semiconductor Workforce Development:** The foundation partnered with Project Lead The Way to build early career advantages for students in semiconductor and advanced manufacturing fields.
**Oregon Community Investment:** As of 2023-2024, the foundation continues its commitment to education and workforce development in Oregon, collaborating with schools, universities, and community organizations to inspire and develop the next generation of innovators.
**Historical Volunteer Matching:** In 2012, the foundation distributed $2.2 million to 870 Oregon schools and nonprofits through its employee volunteer matching program, with individual donations ranging from $220 to $25,100.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Intel Foundation fund?
**Mission:** The Intel Foundation empowers youth and communities with the skills and confidence to rise, advance and excel by bringing people, partnerships, and technology together. **Primary Focus Areas:** • K-12 and higher education STEM experiences • Science and technology education • Community resilience and crisis response • Workforce development in semiconductor and advanced manufacturing fields • Education and human services initiatives The foundation champions educational programs desig…
How do I apply for a grant from Intel Foundation?
**Grant Activity:** • Total giving: $25.1M–$28.6M annually (recent years) • Average grant amount: Approximately $2.7M • Median grant amount: $175K–$1M • Grant range: $5,000 to $26.9M • Total grants awarded (historical): 48 grants totaling $130.1M across supported organizations **Grantmaking Approach:** The foundation makes contributions to preselected charitable organizations. The foundation has supported 35 unique organizations across its history. **Employee Volunteer Matching Program:** The I…
Where does Intel Foundation make grants?
The Intel Foundation supports initiatives across multiple U.S. states and cities, including: **States:** California, Florida, Minnesota, Texas, Oregon, Arizona, New Mexico, Indiana, and others **Cities:** Austin, Minneapolis, Safety Harbor, San Diego, and various Oregon communities
What size grants does Intel Foundation award?
In 2024, Intel Foundation awarded 7 grants totaling $25.2M — an average of about $3.6M per grant, based on its IRS Form 990 filings.
How much is Intel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Intel Foundation reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Intel Foundation's EIN?
Intel Foundation's EIN (Employer Identification Number) is 94-3092928. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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