The Applied Materials Foundation
The Applied Materials Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA CLARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.8M in total assets. In 2024, it awarded 19 grants totaling $9.8M. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.8M
+53.4% YoY
Annual Giving
$9.8M
+15.4% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$514K
+21.5% YoY
Under IRS private-foundation payout rules, The Applied Materials Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About The Applied Materials Foundation
Based on IRS filings
The Applied Materials Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA CLARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.8M in total assets. In 2024, it awarded 19 grants totaling $9.8M. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,771,521 | $18,106,919 | $9,940,097 |
| Revenue | $19,143,616 | $16,709,332 | $15,307,535 |
| Expenses | $9,903,788 | $8,598,569 | $8,468,254 |
| Qualifying Distributions | $9,817,300 | $8,540,867 | $9,183,554 |
| Net Investment Income | $1,273,887 | $859,361 | $58,230 |
| Distributable Amount | $1,203,823 | $1,023,834 | $218,316 |
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
189 grants across all recorded years
Open Grants
3 open opportunities from The Applied Materials Foundation
Applied Materials Foundation Grants: Education, Arts & Culture, Civic Engagement, Environment Focus Areas
THE APPLIED MATERIALS FOUNDATION
Amount
Varies
Deadline
Rolling / Open
The Applied Materials Momentum Fund - Bridge Grants
THE APPLIED MATERIALS FOUNDATION
Amount
US $600 - US $3,595
Deadline
Rolling / Open
The Applied Materials Momentum Fund - Emergency Financial Assistance Grant
THE APPLIED MATERIALS FOUNDATION
Amount
Up to US $595
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Silicon Valley Community Foundation ($3,600,000), The Blackbaud Giving Fund ($1,806,131), The Blackbaud Giving Fund ($577,848).
| Recipient | Purpose | Amount |
|---|---|---|
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $265,000 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $440,000 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $484,000 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $315,000 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $3,600,000 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $354,500 |
| SILICON VALLEY COMMUNITY FOUNDATION MOUNTAIN VIEW, CA | GIFT TO APPLIED MATERIALS FOUNDATION FUND AT SILICON VALLEY COMMUNITY FOUNDATION | $127,007 |
| THE BLACKBAUD GIVING FUND N CHARLESTON, SC | EMPLOYEE MATCHING - OCTOBER 2023 | $220,209 |
| THE BLACKBAUD GIVING FUND N CHARLESTON, SC | EMPLOYEE MATCHING - NOVEMBER 2023 | $429,893 |
| THE BLACKBAUD GIVING FUND N CHARLESTON, SC | EMPLOYEE MATCHING - DECEMBER 2023 | $1,806,131 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH PON | PRESIDENT AND BOARD MEMBER | 0.5 | — |
| YVONNE LEYBA | SECRETARY | 1 | — |
| CURREN KRISHNAN | CFO AND ASSISTANT SECRETARY | 5 | — |
| TERI LITTLE | BOARD MEMBER | 0.5 | — |
| CHARLES READ | BOARD MEMBER | 0.5 | — |
| KATIE FERRICK | OPERATIONS OFFICER | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Applied Materials Foundation?
The Applied Materials Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA CLARA, CA. It holds $27.8M in total assets as of 2024.
How large is The Applied Materials Foundation?
As of 2024, The Applied Materials Foundation holds $27.8M in total assets with $19.1M in annual revenue. It awarded 19 grants totaling $9.8M in 2024.
Where does The Applied Materials Foundation operate?
The Applied Materials Foundation has awarded grants in Arizona, California, Colorado, District of Columbia, Idaho, Illinois, Massachusetts, Maryland, Maine, Michigan, Montana, New Hampshire, New Jersey, New Mexico, New York, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington.
What size grants does The Applied Materials Foundation award?
In 2024, The Applied Materials Foundation awarded 19 grants totaling $9.8M — an average of about $514K per grant, based on its IRS Form 990 filings.
How much is The Applied Materials Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Applied Materials Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Applied Materials Foundation's EIN?
The Applied Materials Foundation's EIN (Employer Identification Number) is 77-0386898. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Applied Materials Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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