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
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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Applied Materials Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
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