Philips Electronics North America Foundation
The Philips Electronics North America Foundation is a private foundation established in 1979, based in Cambridge, Massachusetts. It operates as a company-sponsored foundation affiliated with Philips Electronics North America Corporation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-61.5% YoY
Annual Giving
$160K
+3.6% YoY
Grant Count
63
+6.8% YoY
Avg Grant Size
$3K
-3.0% YoY
Mission & Focus Areas
The foundation awards college scholarships to children of employees of Philips Electronics North America Corporation. The foundation also supports education and human services initiatives.
Grantmaking
The foundation made 59 grants in its most recent fiscal year. Typical grant awards range from $2,500 to $10,000. In fiscal year 2024, the foundation distributed $160,000 in total giving.
Ready to take the next step with Philips Electronics North America Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports a wide range of cities across the United States, including areas in California, Texas, Massachusetts, and numerous other states including Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, Tennessee, Utah, Washington, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (2024):
- Total Assets: $7,510
- Total Revenue: $148,010
- Total Expenses: $160,000
- Net Income: -$11,990
Prior Year (2023):
- Total Revenue: $171,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,510 | $19,500 | $3,000 |
| Revenue | $148,010 | $171,000 | $154,000 |
| Expenses | $160,000 | $154,500 | $160,000 |
| Qualifying Distributions | $160,000 | $154,500 | $160,000 |
| Net Investment Income | — | — | — |
| 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
244 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
- President: Arvind Subramanian
- Vice Presidents: Paul Cavanaugh and Joseph E. Innamorati
- Assistant Secretary: Irma I. Gomez
None of the leadership team receives compensation for their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARVIND SUBRAMANIAN | PRESIDENT | — | — |
| PAUL CAVANAUGH | VICE PRESIDENT | — | — |
| JOSEPH E INNAMORATI | VICE PRESIDENT | — | — |
| IRMA I GOMEZ | ASST. SECRETARY | — | — |
Contact Information
- Address: 222 Jacobs Street, Cambridge, MA 02141-2296
- Telephone: 617-245-5900
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Philips Electronics North America Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities