The Synopsys Foundation
The Synopsys Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports grants supporting activities including science and technology education, volunteering, community impact, and international giving.
The Synopsys Foundation at a glance
In short: The Synopsys Foundation gave $4.4M across 36 grants in 2024 (avg $121K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,366,427
- -8.7% vs 2023
- Grants made (2024)
- 36
- -18.2% vs 2023
- Average grant
- $121,290
- +11.6% vs 2023
- Median grant
- $22,500
- Total assets
- $20,221,138
- +49.6% vs 2023
- Primary geography
- California (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Synopsys Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Synopsys Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Synopsys Silicon Valley Science & Technology Outre ($1.5M). Together the top 10 received $3.9M.
Grant Size Distribution
115 grants across all recorded years
The most common grant size was under $50K: 58 grants of 115 (50%).
Geographic Focus
Where this funder awards grants
In 2024, California received 51% of grant dollars, Georgia 16%, Delaware 11%, and New York 10%. The filing also lists 6% for an unidentified recipient state.
Grant Distribution by State
Share of 2024 grant dollars across all 36 itemized grants.
States
Cities
How The Synopsys Foundation gives
- 82% of 2024 grantees were also funded in 2023. Method
- Giving grew 53% from 2021 to 2024. Method
- In 2024 it paid out 542% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.9M (2021) to $4.8M (2023). In 2024 it made 36 grants totaling $4.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Synopsys Silicon Valley Science & Technology Outre Los Gatos, CA | Expenditure Responsibility Grant | $1,451,173 |
| Points of Light Foundation Atlanta, GA | 2024 Synopsys Foundation Season of Service Volunteer program | $651,400 |
| American Online Giving Foundation Inc Newark, DE | Benevity Community Impact Fund | $500,000 |
| Myriad USA Inc New York, NY | Synopsys Foundation Fund for Europe and AsiaPac | $400,000 |
| The UK Online Giving Foundation | General & Unrestricted | $200,000 |
| Technovation Menlo Park, CA | Technovation Girls and Education Prize Sponsorship | $150,000 |
| City Year Inc San Jose, CA | City Year San Jose/Silicon Valley Whole School Whole Child (WSWC) STEAM programming | $125,000 |
| City Year Inc San Jose, CA | City Year San Jose/Silicon Valley Whole School Whole Child (WSWC) STEAM programming | $125,000 |
| GIVE2ASIA Oakland, CA | Synopsys Community Fund | $125,000 |
| Agastya USA San Jose, CA | Carbon Sequestration to Mitigate Climate Change project | $101,761 |
Ready to take the next step with The Synopsys Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation reported that in 2024 it made $4,366,427 in distributions from sources other than current income, an amount equal to 25% or more of its net assets at the beginning of the year. It stated that it has no plans for dissolution.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $20,221,138 | $11,450,286 | $5,049,477 | $4,366,427 | 36 | $4,744,355 | $450,286 | $875,594 |
| 2023 | $13,519,716 | $10,195,418 | $5,278,061 | $4,780,297 | 44 | $4,942,334 | $195,418 | $527,653 |
| 2022 | $8,268,232 | $4,029,662 | $4,154,239 | $4,010,986 | 23 | $4,154,239 | $29,662 | $348,475 |
| 2021 | $8,392,809 | $4,000,000 | $2,882,503 | $2,850,232 | 6 | $2,877,857 | — | $379,348 |
| 2020 | $7,275,312 | $8,300,197 | $3,097,859 | $3,092,729 | 6 | — | $197 | $167,852 |
Under IRS private-foundation payout rules, The Synopsys Foundation reported a distributable amount of $876K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants show support for a range of charitable activities. For example, Technovation says it empowers girls and families to develop technology and engineering solutions to community problems; Points of Light says it engages volunteers to help address community needs; and the North American Association for Environmental Education says it advances environmental literacy and civic engagement. These are the grantees’ descriptions of their own missions.
Grantmaking
In 2024, the foundation reported 36 grants totaling $4,366,427. Grant amounts ranged from $1,000 to $1,451,173, with a median of $22,500. Notable grants included $1,451,173 to Synopsys Silicon Valley Science & Technology Outreach (an expenditure-responsibility grant), $651,400 to Points of Light Foundation for the 2024 Season of Service Volunteer program, $500,000 to American Online Giving Foundation for the Benevity Community Impact Fund, and $400,000 to MYRIAD USA for the Synopsys Foundation Fund for Europe and AsiaPac. Other grants included $150,000 to Technovation for its Girls and Education Prize sponsorship and $125,000 to Give2Asia for the Synopsys Community Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Erin Guzman as Chief Operating Officer and President; Sudhindra Kankanwadi as Chief Financial Officer and Treasurer; Deirdre Hanford as Director and Chair; Erika Varga McEnroe as Secretary; David Moyce as Assistant Secretary; and Dipika Lakhmani as Assistant Treasurer. Directors also listed are Celio Domingos Lemos Albuquerque, Aart Jan de Geus, Jill Larsen, and Meng-Che Robert Li.
The Synopsys Foundation is led by Erin Guzman, Chief Operating Officer & President on every filing since 2022; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Erin Guzman
Chief Operating Officer & President
On filings since 2022
5 hrs/week
No compensation reported
Deirdre Hanford
Director & Chair
Director → Director & Chair, 2022
On filings since 2020
1 hr/week
No compensation reported
Aart Jan de Geus
Director
Chairman → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Meng-Che Robert Li
Director
On filings since 2021
1 hr/week
No compensation reported
Celio Domingos Lemos Albuquerque
Director
On filings since 2022
1 hr/week
No compensation reported
Jill Larsen
Director
On filings since 2023
1 hr/week
No compensation reported
David Moyce
Assistant Secretary
Assistant Sect'y → Assistant Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Erika Varga McEnroe
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sudhindra Kankanwadi
Chief Financial Officer & Treasurer
CFO & Treasurer → Chief Financial Officer & Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Dipika Lakhmani
Assistant Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (4)
- Former: Jaimie Vargas (2020–2021) — CEO & President
- Former: Jan Collinson (2020–2021) — Director
- Former: Celio Domingos Lemos Albuquerq (2021) — Director
- Former: Hasmukh Ranjan (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Synopsys Foundation
How much does The Synopsys Foundation give each year?
The Synopsys Foundation gave $4.4M across 36 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.8M across 44 grants.
What is The Synopsys Foundation's typical grant size?
The Synopsys Foundation's median grant in 2024 was $22,500, and its average grant was $121,290, across 36 grants on its 2024 IRS Form 990-PF.
Where does The Synopsys Foundation give grants?
The Synopsys Foundation gives mostly in California: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Georgia (16%) and Delaware (11%). The most frequent recipient cities were San Jose, CA (4 grants), New York, NY (3 grants), Washington, DC (3 grants) and Austin, TX (3 grants).
Does The Synopsys Foundation give general operating support?
Yes: 11% of The Synopsys Foundation's 2024 grants with a stated purpose (4 of 36) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Synopsys Foundation's largest grantees?
The Synopsys Foundation's largest 2024 grantees include Synopsys Silicon Valley Science & Technology Outre ($1,451,173), Points of Light Foundation ($694,250 across 2 grants) and American Online Giving Foundation Inc ($500,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.
How large is The Synopsys Foundation?
The Synopsys Foundation reported $20.2M in total assets on its 2024 IRS Form 990-PF. It paid out $4.7M in qualifying distributions that year, against a required minimum of $876K (roughly 5% of its investment assets).
What does The Synopsys Foundation fund?
No mission statement is provided. The 2024 grants show support for a range of charitable activities. See mission & focus areas ↑
How do I apply for a grant from The Synopsys Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Synopsys Foundation's EIN?
The Synopsys Foundation's EIN (Employer Identification Number) is 77-0488629. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Synopsys Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Synopsys Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-synopsys-foundation-morg_f959c268d4324ac3a4996f2be7c6d176
BibTeX
@misc{grantable_770488629_2026,
author = {{Grantable}},
title = {{The Synopsys Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-synopsys-foundation-morg_f959c268d4324ac3a4996f2be7c6d176},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Synopsys Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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