-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THE LEMELSON FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
1455 NW OVERTON STREET NO 500
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND
,
OR
97209
A Employer identification number
88-0391959
B
Telephone number (see instructions)
(503) 222-2924
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
405,508,342
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
883,233
883,233
4
Dividends and interest from securities
...
5,293,476
6,879,148
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
19,602,167
b
Gross sales price for all assets on line 6a
23,084,463
7
Capital gain net income (from Part IV, line 2)
...
18,033,238
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
2,473,810
2,300,955
12
Total.
Add lines 1 through 11
........
28,252,686
28,096,574
13
Compensation of officers, directors, trustees, etc.
652,544
170,568
481,976
14
Other employee salaries and wages
......
1,214,784
0
1,217,342
15
Pension plans, employee benefits
.......
744,593
37,230
701,444
16a
Legal fees (attach schedule)
.........
253,626
63,406
179,822
b
Accounting fees (attach schedule)
.......
234,249
58,562
166,868
c
Other professional fees (attach schedule)
....
5,804,000
4,125,984
1,637,310
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
1,005,328
282,481
31,000
19
Depreciation (attach schedule) and depletion
...
72,443
0
20
Occupancy
..............
233,196
0
240,354
21
Travel, conferences, and meetings
.......
314,590
0
327,030
22
Printing and publications
..........
28,538
0
28,538
23
Other expenses (attach schedule)
.......
686,747
3,279,107
618,457
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
11,244,638
8,017,338
5,630,141
25
Contributions, gifts, grants paid
.......
12,863,934
11,961,677
26
Total expenses and disbursements.
Add lines 24 and 25
24,108,572
8,017,338
17,591,818
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
4,144,114
b
Net investment income
(if negative, enter -0-)
20,079,236
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
11,904,156
1,791,425
1,791,425
2
Savings and temporary cash investments
.........
6,660,469
30,902,529
30,902,529
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
35,229
35,229
35,229
10a
Investments—U.S. and state government obligations (attach schedule)
889,764
2,444,923
2,444,923
b
Investments—corporate stock (attach schedule)
.......
35,126,176
68,244,202
68,244,202
c
Investments—corporate bonds (attach schedule)
.......
26,226,117
32,363,998
32,363,998
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
275,391,606
259,946,397
259,946,397
14
Land, buildings, and equipment: basis
1,284,380
Less: accumulated depreciation (attach schedule)
549,316
814,666
735,064
735,064
15
Other assets (describe
)
6,788,319
9,044,575
9,044,575
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
363,836,502
405,508,342
405,508,342
17
Accounts payable and accrued expenses
..........
189,380
245,429
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
1,782,060
2,487,232
23
Total liabilities
(add lines 17 through 22)
.........
1,971,440
2,732,661
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
361,865,062
402,775,681
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
361,865,062
402,775,681
30
Total liabilities and net assets/fund balances
(see instructions)
.
363,836,502
405,508,342
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
361,865,062
2
Enter amount from Part I, line 27a
.....................
2
4,144,114
3
Other increases not included in line 2 (itemize)
3
36,766,505
4
Add lines 1, 2, and 3
..........................
4
402,775,681
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
402,775,681
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
PUBLICLY TRADED SECURITIES
b
CLASS ACTION DISTRIBUTION
P
c
PASS THROUGH INVESTMENTS REPORTED ON SCHEDULE K-1
P
d
DISPOSAL OF LYME FOREST FUND TE
P
e
DISPOSAL OF OUTSOURCED ASSETS
P
DISPOSAL OF CEDAR ROCK CAPITAL PARTNERS LLC
P
DISPOSAL OF LONE CASCADE LP
P
DISPOSAL OF INT'L PRIVATE EQUITY PARTNERS III LP
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
23,070,177
21,974,826
1,095,351
b
7,128
7,128
c
17,134,478
17,134,478
d
8,600
178,596
-169,996
e
1,877
35,600
-33,723
13,951,684
13,951,684
0
13,705,757
13,705,757
0
12,323
12,323
0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
1,095,351
b
7,128
c
17,134,478
d
-169,996
e
-33,723
0
0
0
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
18,033,238
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
21,838,531
377,265,857
0.057886
2017
18,183,273
360,182,560
0.050483
2016
16,465,811
340,928,927
0.048297
2015
19,838,462
346,966,060
0.057177
2014
17,486,760
366,252,471
0.047745
2
Total
of line 1, column (d)
.....................
2
0.261588
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.052318
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
363,636,985
5
Multiply line 4 by line 3
......................
5
19,024,760
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
200,792
7
Add lines 5 and 6
........................
7
19,225,552
8
Enter qualifying distributions from Part XII, line 4
,.............
8
20,012,591
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
200,792
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
200,792
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
200,792
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
295,000
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
200,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
495,000
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
917
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
293,291
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
293,291
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NV
,
OR
,
CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
Yes
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
WWW.LEMELSON.ORG
14
The books are in care of
TRACEE BETANCOURT
Telephone no.
(503) 222-2924
Located at
1455 NW OVERTON STREET SUITE 500
PORTLAND
OR
ZIP+4
97209
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
Yes
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
IN
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
No
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
CAROL DAHL
SEE STATEMENT 24
40.00
400,025
77,743
300
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
PHILIP VARNUM
SEE STATEMENT 24
40.00
252,519
28,551
300
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
ERIC LEMELSON
SEE STATEMENT 24
6.00
0
0
0
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
ROBERT LEMELSON
SEE STATEMENT 24
6.00
0
0
0
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
SUSAN MORSE
DIRECTOR
6.00
0
0
0
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
JENNIFER BRUML
DIRECTOR
6.00
0
0
0
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
ANN MORGAN
VICE PRESIDENT
1.00
0
0
0
1455 NW OVERTON STREET SUITE 500
PORTLAND
,
OR
97209
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
ROB SCHNEIDER
SR. DIRECTOR OF STRA
40.00
180,103
61,353
300
1455 NW OVERTON ST STE 500
PORTLAND
,
OR
97209
JENNIFER BURRAN
GRANTS, IT & CONTRAC
40.00
142,250
54,997
300
1455 NW OVERTON ST STE 500
PORTLAND
,
OR
97209
DAVID CORONADO
PROGRAM OFFICER
40.00
135,637
53,375
300
1455 NW OVERTON ST STE 500
PORTLAND
,
OR
97209
RACHEL JAGODA BURNETTE
PROGRAM OFFICER
40.00
133,364
53,220
300
1455 NW OVERTON ST STE 500
PORTLAND
,
OR
97209
CYNTHIA COOPER
PROGRAM OFFICER
40.00
133,172
53,182
300
1455 NW OVERTON ST STE 500
PORTLAND
,
OR
97209
Total
number of other employees paid over $50,000
...................
5
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
TIEDMANN WEALTH MANAGEMENT
INVESTMENT CONSULTING FEES
800,972
1415 WESTERN AVENUE SUITE 600
SEATTLE
,
WA
98101
LONG STORY SHORT MEDIA INC
COMMUNICATIONS CONSULTANT
503,211
2830 GEORGIA AVENUE NW
WASHINGTON
,
DC
20001
QUARLES & BRADY LLP
LEGAL
215,140
BIN 88895
MILWAUKEE
,
WI
532880895
SORENSEN STRATEGIES
STRATEGIC CONSULTANT
191,224
8103 SW 222ND PLACE
VASHON
,
WA
98070
UNCOMMON LLC
CONVENING CONSULTANTS
177,240
2284 COMMODORE WAY SUITE 220
SEATTLE
,
WA
98199
Total
number of others receiving over $50,000 for professional services
.............
8
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
INVENTION EDUCATION COMMUNITY OF PRACTICE - THE FOUNDATION ESTABLISHED AN INVENTION EDUCATION CONVENING FOCUSED ON BUILDING AN INVENTION COMMUNITY, DEVELOPED NEW PARTNERSHIPS BETWEEN PROGRAMS AND BUILT CONSENSUS AMONG RELEVANT STAKEHOLDERS ABOUT FRAMEWORKS, DEFINITIONS AND THEMATIC PRIORITIES IN INVENTION EDUCATION. THE FOUNDATION BROADENED THE ORIGINAL COMMUNITY TO INCLUDE GRANTEES AND PARTNERS FROM HIGHER EDUCATION. THE PROGRAM COVERED CONVENING COSTS (FOOD, PLANNING CONSULTANTS, AV, ATTENDEE TRAVEL SUPPORT, ETC.), AS WELL AS SUPPORTED ATTENDEES TO CONTINUE WORKING ON KEY TOPIC AREAS GLEANED (EX: RESEARCHING INVENTION EDUCATION, COMMUNICATIONS) FROM THE CONVENING.
211,343
2
INTEGRATING ENVIRONMENTAL RESPONSIBILITY IN ENGINEERING EDUCATION - THE FOUNDATION ESTABLISHED A CONVENING OF ACADEMIC AND INDUSTRY EXPERTS TO DEVELOP A PROCESS FOR DEFINING THE FUNDAMENTAL PRINCIPLES OF ENVIRONMENTAL RESPONSIBILITY FOR ENGINEERING STUDENTS AND RECOMMENDATIONS FOR TEACHING METHODOLOGIES AND ADOPTION IN ENGINEERING PROGRAMS. FROM THIS CONVENING, THE FOUNDATION FORMED A WORKING GROUP OF A SUBSET OF CONVENING PARTICIPANTS TO DEVELOP THE PRINCIPLES OF ENVIRONMENTAL RESPONSIBILITY RELEVANT FOR ENGINEERS. ALSO, THE WORKING GROUP EXPLORED AND PRIORITIZED APPROACHES AND PARTNERS TO INCREASE ADOPTION OF ENVIRONMENTALLY RESPONSIBLE ENGINEERING AND INVENTION IN HIGHER ED.
139,570
3
REGIONAL ECOSYSTEM CONVENING - THE FOUNDATION CONVENED OREGON GRANTEES AND OTHER ECOSYSTEM PLAYERS (INCLUDING GRANTEES AND PARTNERS) WHICH WAS FOCUSED ON BUILDING A BETTER UNDERSTANDING OF WHAT IT MEANS TO HAVE A CLEAR PATHWAY AND STRONG ECOSYSTEM. THE CONVENING ALSO CREATED AND ENCOURAGED OPPORTUNITIES FOR COLLABORATION AND CONNECTION AMONG GRANTEES.
79,255
4
INVENTION EDUCATION FRAMEWORK - THE FOUNDATION DEVELOPED A NATIONAL INVENTION EDUCATION FRAMEWORK IN PARTNERSHIP WITH THE BROADER COMMUNITY. THE FUNDING SUPPORTED CONSULTANTS TO FACILITATE THE DEVELOPMENT OF A GUIDING FRAMEWORK AND COMMON DEFINITION FOR INVENTION EDUCATION IN PARTNERSHIP WITH LEADERS IN THE INVENTION EDUCATION COMMUNITY.
74,750
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO PRIME IMPACT LOAN FUND I, LLC ("PRIME LOAN FUND"), A WHOLLY OWNED SUBSIDIARY OF PRIME COALITION INC., WHICH IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE LOAN IS TO INCREASE INVESTMENTS IN COMPANIES THAT HAVE SIGNIFICANT POTENTIAL TO INFLUENCE THE REDUCTION OF GREENHOUSE GAS EMISSIONS AT THE GIGATON-SCALE BY 2050 AND THAT WOULD BE UNLIKELY TO RAISE SUFFICIENT CAPITAL BUT FOR PRIME LOAN FUND'S AND ITS AFFILIATES' INTERVENTION.
2,000,000
2
THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN ANKUR INVESTMENTS LTD. (THE "ANKUR FUND"), OF WHICH ANKUR FINCON MANAGEMENT PVT., LTD., IS THE INVESTMENT MANAGER, IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE ANKUR FUND. THE FOUNDATION'S INVESTMENT IN THE FUND WILL BE USED TO ENABLE THE ANKUR FUND TO INVEST IN INNOVATIVE ENTERPRISES, INCLUDING INVENTION-BASED ENTERPRISES THAT PRODUCE TANGIBLE PRODUCTS, IN THE SEED STAGE THAT CAN EMPOWER THE POOR IN INDIA.
292,363
All other program-related investments. See instructions.
3
128,410
Total.
Add lines 1 through 3
.........................
2,420,773
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
102,133,003
b
Average of monthly cash balances
.......................
1b
19,720,057
c
Fair market value of all other assets (see instructions)
................
1c
247,321,544
d
Total
(add lines 1a, b, and c)
.........................
1d
369,174,604
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
369,174,604
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
5,537,619
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
363,636,985
6
Minimum investment return.
Enter 5% of line 5
..................
6
18,181,849
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
18,181,849
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
200,792
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
200,792
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
17,981,057
4
Recoveries of amounts treated as qualifying distributions
................
4
601,713
5
Add lines 3 and 4
............................
5
18,582,770
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
18,582,770
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
17,591,818
b
Program-related investments—total from Part IX-B
..................
1b
2,420,773
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
20,012,591
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
200,792
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
19,811,799
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
18,582,770
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
794,900
f
Total
of lines 3a through e
........
794,900
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
20,012,591
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
18,582,770
e
Remaining amount distributed out of corpus
1,429,821
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
2,224,721
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
2,224,721
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
794,900
e
Excess from 2019
....
1,429,821
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
ERIC LEMELSON
ROBERT LEMELSON
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE
1200 NEW YORK AVENUE NW
WASHINGTON
,
DC
20005
PC
TO CONTINUE SUPPORT OF THE AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE (AAAS)-LEMELSON INVENTION AMBASSADORS PROGRAM.
130,705
ASSOCIATION OF PUBLIC AND LAND-GRANTS UNIVERSITIES
1307 NEW YORK AVENUE NW SUITE 400
WASHINGTON
,
DC
20005
PC
TO SUPPORT THE APLU COMMISSION ON ECONOMIC AND COMMUNITY ENGAGEMENT (CECE) SUMMER MEETING, JUNE 16-18, 2019.
2,000
BEAVERTON EDUCATION FOUNDATION
3800 SW CEDAR HILLS BLVD SUITE 168
BEAVERTON
,
OR
97005
PC
TO PROVIDE GENERAL OPERATING SUPPORT.
3,000
BEYOND BENIGN INCORPORATED
100 RESEARCH DRIVE
WILMINGTON
,
MA
01887
PC
TO DEVELOP AND DISSEMINATE K-12 CURRICULAR RESOURCES AND TRAINING THAT EMPOWERS EDUCATORS AND STUDENTS TO PRACTICE AND BE AWARE OF ENVIRONMENTAL SUSTAINABILITY THROUGH GREEN CHEMISTRY.
136,093
CENTER FOR AMERICAN ENTREPRENEURSHIP
503 ARNON LAKE DRIVE
GREAT FALLS
,
VA
22066
PC
TO PROVIDE SPONSORSHIP FOR PARTICIPATION IN THE CENTER FOR AMERICAN ENTREPRENEURSHIP'S ROUNDTABLE ON WOMEN'S ENTREPRENEURSHIP WITH US SENATE ENTREPRENEURSHIP CAUCUS.
2,500
ENVISION EXCELLENCE IN STEM EDUCATION
PO BOX 18050
CLEVELAND HEIGHTS
,
OH
44118
PC
TO RENEW THE FOUNDATION'S STEM FUNDERS NETWORK MEMBERSHIP. THE STEM FUNDERS NETWORK IS COMPRISED OF A DIVERSE MIX OF EDUCATION-FOCUSED PHILANTHROPIES.
10,000
ENVISION EXCELLENCE IN STEM EDUCATION
PO BOX 18050
CLEVELAND HEIGHTS
,
OH
44118
PC
TO SUPPORT THE STEM ECOSYSTEMS CONVENING, APRIL 2-4, 2020, IN SAN ANTONIO, TEXAS, AND TO INTRODUCE AND DRIVE ADOPTION OF INVENTION EDUCATION TO REGIONAL CENTERS.
25,000
GEARBOX INTERNATIONAL FOUNDATION
2323 BROADWAY
OAKLAND
,
CA
97612
NC
TO SUPPORT A PROFESSIONAL ENGINEERING AND PROTOTYPING WORKSHOP SPACE IN NAIROBI, KENYA, THAT WILL CATER TO SCALABLE, INVENTION-BASED ENTERPRISES ADDRESSING THE NEEDS OF UNDERSERVED AFRICANS.
26,921
GLOBAL IMPACT INVESTING NETWORK
0 BROAD STREET 38TH FLOOR
NEW YORK
,
NY
10004
PC
TO RENEW THE FOUNDATION'S MEMBERSHIP. GIIN HAS SUPPORTED THE DEVELOPMENT OF AND RAISED AWARENESS FOR THE EMERGING FIELD OF IMPACT INVESTING BY BUILDING A STRONG NETWORK OF INVESTORS.
4,950
GLOBAL MINIMUM INC
1732 1ST AVENUE 26978
NEW YORK
,
NY
10128
PC
TO SUPPORT ORGANIZATIONAL CAPACITY BY INCREASING FUNDRAISING EFFORTS, ADVANCE THEIR PROGRAM MEASUREMENT AND EVALUATION ACTIVITIES AND TO DEVELOP A FIVE-YEAR STRATEGIC PLAN FOR EXPANDED GROWTH.
85,494
GLOBAL MINIMUM INC
1732 1ST AVENUE 26978
NEW YORK
,
NY
10128
PC
TO BUILD INVENTION EDUCATION CAPACITY FOR POORLY RESOURCED TEACHERS IN KENYA.
24,804
GRANTMAKERS OF OREGON & SW WASHINGTON
PO BOX 6381
PORTLAND
,
OR
972286381
PC
TO RENEW THE FOUNDATION'S MEMBERSHIP. GRANTMAKERS OF OREGON AND SOUTHWEST WASHINGTON IS COMPRISED OF A DIVERSE MIX OF REGIONAL PHILANTHROPIES.
4,180
GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC
3939 CAMPBELL AVE
ARLINGTON
,
VA
22206
PC
TO CONTINUE SUPPORT OF NEWS PROGRAMMING AND EDUCATIONAL MATERIALS HIGHLIGHTING THE IMPACT OF INVENTION AND INNOVATION.
352,397
IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION
C/O CARE CORPORATE SERVICES COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON
,
DE
19808
PC
TO PROVIDE LEGAL AND ACCOUNTING FEES ASSOCIATED WITH THE GRANTEES APPLICATION TO THE INTERNAL REVENUE SERVICE FOR RECOGNITION AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WHICH WILL ALLOW THE GRANTEE TO FURTHER ITS MISSION OF SUPPORTING IMPACTFUL AND INNOVATIVE INVENTION-BASED SOCIAL ENTERPRISES ALL ACROSS THE DEVELOPING WORLD.
21,608
IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION
C/O CARE CORPORATE SERVICES COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON
,
DE
19808
PC
TO SUPPORT THE INTERNATIONAL REPLICATION OF A BUSINESS MODEL THAT INCUBATES HIGH-IMPACT, HIGHLY SCALABLE, INVENTION-BASED ENTERPRISES THAT IMPROVES THE LIVES OF THE POOR (THE VILLGRO MODEL) AND TO SECURE APPROPRIATE CAPITAL FOR THOSE INVENTION-BASED ENTERPRISES.
289,742
KENYA CLIMATE INNOVATION CENTER
PO BOX 49162-00100 STRATHMORE
BUSINESS SCHOOL OLE SANGALE ROAD MA
NAIROBI
KE
NC
TO SUPPORT THE OPERATIONS OF A PROTOTYPING AND MANUFACTURING SPACE AND TRAINING ENGINEERS AND FABRICATORS TO ADDRESS A TALENT GAP IN KENYA.
770,000
KENYA IMPACT INNOVATIONS FOUNDATION
5TH FLOOR STRATHMORE STUDENT CENTRE
KERI ROAD
NAIROBI
KE
NC
TO SUPPORT BUSINESS INCUBATION ACTIVITIES, FOCUSED ON BUILDING A PIPELINE OF SCALABLE INVENTION-BASED ENTERPRISES THAT ADDRESS UNMET HEALTH NEEDS FOR LOW RESOURCE POPULATIONS IN KENYA AND THROUGHOUT EAST AFRICA.
94,100
KENYA IMPACT INNOVATIONS FOUNDATION
5TH FLOOR STRATHMORE STUDENT CENTRE
KERI ROAD
NAIROBI
KE
NC
TO SUPPORT KENYA IMPACT INNOVATIONS FOUNDATION'S BUSINESS INCUBATION ACTIVITIES AND TO BUILD A STRONGER PIPELINE OF INVENTION-BASED ENTERPRISES IN EAST AFRICA THAT WILL MEET THE HEALTH NEEDS FOR LOW RESOURCE POPULATIONS.
321,152
LORDS EDUCATION & HEALTH SOCIETY
5C HANSALAYA BUILDING 15 BARAKHAMBA
ROAD
NEW DELHI
110001
IN
PC - EQUIVALENCY DET
TO SUPPORT THE WADHWANI INITIATIVE FOR SUSTAINABLE HEALTHCARE (WISH) PROGRAM'S EFFORT TO RUN FIELD VALIDATION TRIALS OF TWO MEDICAL DEVICES THAT MEET THE NEEDS OF THE POOR IN INDIA AND FACILITATE THE UPTAKE OF THE DEVICES BY STATE-RUN PUBLIC PROCUREMENT SYSTEMS.
31,318
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE
,
MA
02139
PC
TO EXPLORE THE CONVERGENCE BETWEEN INVENTION AND COMPUTATIONAL THINKING THROUGH RESEARCH.
24,750
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE
,
MA
02139
PC
TO ADVANCE THE WORK OF THE INVENTION EDUCATION (IE) RESEARCH GROUP BY COMPILING CURRENT IE RESEARCH AND IDENTIFY A COMMON RESEARCH AGENDA; IN ADDITION TO WORKING TO DEVELOP A SPECIAL INTEREST GROUP WITH THE AMERICAN EDUCATION RESEARCH ASSOCIATION FOCUSED ON INVENTION EDUCATION.
24,728
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE
,
MA
02139
PC
TO CONTINUE SUPPORT FOR THE LEMELSON-MIT PROGRAM INCLUDING THE LEMELSON-MIT PRIZE, STUDENT PRIZE PROGRAM, INVENTEAM PROGRAM, AND JV INVENTEAM INITIATIVE.
1,500,000
MCKAY HIGH SCHOOL ATHLETIC BOOSTER V
2440 LANCASTER DR NE
SALEM
,
OR
97305
PC
FUNDING TO COVER REMAINING TRAVEL COSTS FOR MCKAY INVENTEAM TO ATTEND EUREKAFEST.
15,000
MONTEREY BAY AQUARIUM FOUNDATION
886 CANNERY ROW
MONTEREY
,
CA
93940
PC
TO PROVIDE GENERAL OPERATING SUPPORT.
250
NATIONAL ACADEMY OF INVENTORS INC
3702 SPECTRUM BLVD
TAMPA
,
FL
33612
PC
TO PROVIDE CONFERENCE SPONSORSHIP OF THE NATIONAL ACADEMY OF INVENTORS ANNUAL CONFERENCE TO BE HELD IN PHOENIX, ARIZONA, APRIL 8 -10, 2020.
20,000
NATIONAL COLLEGIATE INVENTORS AND INNOVATORS ALLIANCE
100 VENTURE WAY
HADLEY
,
MA
010359462
PC
TO SUPPORT RESEARCH, ANALYSIS AND DISSEMINATION DESIGNED TO INCREASE EQUITY AND INCLUSION IN THE HIGHER EDUCATION INVENTION AND ENTREPRENEURSHIP PIPELINE.
222,179
NATIONAL COLLEGIATE INVENTORS AND INNOVATORS ALLIANCE
100 VENTURE WAY
HADLEY
,
MA
010359462
PC
TO SUPPORT EARLY-STAGE STUDENT INVENTORS TO DEVELOP AND COMMERCIALIZE PRODUCTS THAT CREATE SOCIAL OR ENVIRONMENTAL IMPACT, AND TO SUPPORT FACULTY INITIATIVES FOCUSED ON CULTIVATING THE CONDITIONS THAT NURTURE STUDENT INVENTORS.
3,098,784
NATIONAL PUBLIC RADIO INC
1111 NORTH CAPITOL ST NE
WASHINGTON
,
DC
20002
PC
TO CONTINUE SUPPORT FOR THE RADIO AND WEB SERIES, "JOE'S BIG IDEA" THAT EXPLORES HOW IDEAS BECOME INNOVATIONS AND INVENTIONS.
280,000
NEW YORK CITY FOUNDATION FOR COMPUTER SCIENCE
100 AVENUE OF THE AMERICAS 16TH
FLOOR
NEW YORK
,
NY
10013
PC
TO PROVIDE CONFERENCE SPONSORSHIP FOR CSFORALL, A COMMUNITY EVENT FOR COMPUTER SCIENCE EDUCATION IN THE U.S.
7,500
NON-PROFIT ENTERPRISE AND SELF-SUSTAINABILITY TEAM INC
5917 JORDAN AVE
EL CERRITO
,
CA
94530
PC
TO CONTINUE SCALING THE NON-PROFIT ENTERPRISE AND SELF-SUSTAINABILITY TEAM INC'S INCUBATION PROGRAMS THROUGHOUT THE ANDEAN REGION INCLUDING: BOLIVIA, COLOMBIA, ECUADOR, AND THE BRAZIL AMAZON BASIN, BUILDING A LARGER POOL OF INVENTION-BASED ENTERPRISES.
129,089
OPERATION PAWS FOR HOMES INC
PO BOX 90813
ALEXANDRIA
,
VA
22309
PC
TO PROVIDE MEDICAL CARE TO DOGS LIVING ON THE STREET IN INDIA, AND TO TRANSPORT THEM TO THE U.S. FOR ADOPTION.
650
OREGON BUSINESS COUNCIL CHARITABLE INSTITUTE
1100 SW SIXTH AVENUE SUITE 1608
PORTLAND
,
OR
97204
PC
TO PROVIDE CONFERENCE SPONSORSHIP FOR THE 2019 OREGON LEADERSHIP SUMMIT TO BE HELD DECEMBER 16, 2019, IN PORTLAND, OREGON.
10,000
OREGON STATE UNIVERSITY FOUNDATION
4238 SW RESEARCH WAY
CORVALLIS
,
OR
973331068
PC
TO SUPPORT OREGON STATE UNIVERSITY FOUNDATION SERVING AS FISCAL SPONSOR FOR OREGON STATE UNIVERSITY TO IMPLEMENT MOBILE INVENTION CAMPS AND RELATED EDUCATOR TRAINING PROGRAMS IN RURAL OREGON.
210,000
PHILANTHROPY NORTHWEST
2101 FOURTH AVE SUITE 650
SEATTLE
,
WA
98121
PC
TO PROVIDE CONTINUED MEMBERSHIP SUPPORT TO PHILANTHROPY NORTHWEST
16,405
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO PROVIDE CONFERENCE SPONSORSHIP SUPPORT FOR ELEVATING IMPACT 2020 ON FEBRUARY 7 2020, IN PORTLAND, OREGON.
10,000
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO SUPPORT PORTLAND STATE UNIVERSITY FOUNDATION SERVING AS A FISCAL SPONSOR FOR PORTLAND STATE UNIVERSITY BOOTCAMP FOR CURRICULUM DEVELOPMENT AND DOCUMENTATION, ENHANCED MENTOR TRAINING, AND SUPPORT FOR EXPANSION OF THE COURSE TO ADDITIONAL INSTITUTIONS.
150,405
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO SUPPORT THE PORTLAND STATE UNIVERSITY FOUNDATION SERVING AS A FISCAL SPONSOR FOR THE PORTLAND STATE UNIVERSITY CENTER FOR ENTREPRENEURSHIP FOR INVENTOR PROGRAM ACTIVITIES.
290,713
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO PROVIDE A CONFERENCE SPONSORSHIP GRANT TO PORTLAND STATE UNIVERSITY FOUNDATION SERVING AS A FISCAL SPONSOR FOR OREGON MESA TO SUPPORT AN ANNIVERSARY GALA TO TAKE PLACE ON MARCH 12, 2020 IN PORTLAND, OR.
10,000
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO SUPPORT PORTLAND STATE UNIVERSITY FOUNDATION SERVING AS A FISCAL SPONSOR FOR OREGON MESA'S ACTIVITIES THAT BRING INVENTION EDUCATION INTO PROGRAMS TARGETING LOW-INCOME MIDDLE AND HIGH SCHOOL STUDENTS IN SIXTEEN OREGON SCHOOLS.
325,783
ROCKY MOUNTAIN INSTITUTE
2490 JUNCTION PLACE SUITE 200
BOULDER
,
CO
80301
PC
TO SUPPORT THE GLOBAL COOLING PRIZE EFFORTS TO AWARD FUNDING TO ORGANIZATIONS THAT ARE DEVELOPING A 5-FOLD EFFICIENCY INCREASE IN COOLING REFRIGERANTS, STARTING IN INDIA.
700,000
SELCO FOUNDATION
690 FIRST FLOOR 100FT RING ROAD
15TH CROSS 2ND PHASE JP NAGAR
BANGALORE
560078
IN
PC - EQUIVALENCY DET
TO SUPPORT THE INCUBATION OF INVENTION-BASED ENTERPRISES DESIGNED TO IMPROVE LIVES IN LOW INCOME COMMUNITIES IN INDIA.
139,150
SELCO FOUNDATION
690 FIRST FLOOR 100FT RING ROAD
15TH CROSS 2ND PHASE JP NAGAR
BANGALORE
560078
IN
PC - EQUIVALENCY DET
TO SUPPORT 3 MONTHS OF OPERATING COSTS AND PLANNING FOR A TECHNOLOGY INCUBATION PROGRAM.
98,084
SMITHSONIAN INSTITUTION
BEHRING CENTER 14TH STREET AND
CONSTITUTION AVENUE NW
WASHINGTON
,
DC
20560
PC
TO SUPPORT THE DESIGN PHASE OF PLANNING THE LEMELSON CENTERS NEW EXHIBIT, SPORTING INVENTION, AT THE NATIONAL MUSEUM OF AMERICAN HISTORY.
40,000
SOCIETY FOR SCIENCE AND THE PUBLIC
1719 N STREET NW
WASHINGTON
,
DC
20036
PC
TO DEVELOP INVENTION AND SUSTAINABILITY GUIDELINES WITHIN THE INTERNATIONAL RULES FOR PRE-COLLEGE SCIENCE RESEARCH IN THE INTERNATIONAL SCIENCE AND ENGINEERING FAIRS (ISEF) IN ADDITION TO DRAFTING A FRAMEWORK FOR GUIDELINES AROUND SAFE PRACTICES AND PROTECTIONS FOR STUDENT INVENTORS.
24,996
SOCIETY FOR SCIENCE AND THE PUBLIC
1719 N STREET NW
WASHINGTON
,
DC
20036
PC
TO DEVELOP A LEMELSON AWARD FOR INVENTION AT BROADCOM MASTERS AND INSPIRE YOUTH ON INVENTION THROUGH THE DISSEMINATION OF AGE-APPROPRIATE INVENTION MEDIA CONTENT.
182,848
ST THOMAS ACADEMY
949 MENDOTA HEIGHTS ROAD
MENDOTA HEIGHTS
,
MN
55120
PC
TO DEVELOP A MODEL SHORT-TERM TEACHER PROFESSIONAL DEVELOPMENT SESSION TO ENGAGE AND EXPOSE EDUCATORS TO INVENTION EDUCATION AND THE AVAILABLE EDUCATOR RESOURCES.
25,000
STATE UNIVERSITY OF IOWA FOUNDATION
ONE WEST PARK ROAD PO BOX 4550
IOWA CITY
,
IA
522444550
PC
TO PILOT A COLLABORATIVE TEACHER PROFESSIONAL DEVELOPMENT AND PATHWAY CREATION MODEL IN MICHIGAN WHILE EXPLORING SCALABILITY FOR A NATIONAL AUDIENCE.
24,995
STATE UNIVERSITY OF IOWA FOUNDATION
ONE WEST PARK ROAD PO BOX 4550
IOWA CITY
,
IA
522444550
PC
TO DEVELOP A RESEARCH COLLABORATION WITH THE LEMELSON-MIT PROGRAM TO ANALYZE THE DATA SETS FROM STEM INNOVATOR TO ADVANCE THE EVIDENCE BASE OF WHAT, HOW AND WHY THE SKILLS, MINDSETS AND CONCEPTUAL KNOWLEDGE OF STUDENTS CHANGE AS THEY ENGAGE IN THE INVENTION PROCESS.
24,863
THE ASME FOUNDATION INC
TWO PARK AVENUE
NEW YORK
,
NY
100165990
SO-II
TO SUPPORT THE ASME RECOGNITION PRIZE AND TECHNICAL ASSISTANCE FOR HARDWARE ENTREPRENEURS ADDRESSING NEEDS OF THE POOR.
98,000
THE ASME FOUNDATION INC
TWO PARK AVENUE
NEW YORK
,
NY
100165990
SO-II
TO SUPPORT THE ASME RECOGNITION PRIZE AND TECHNICAL ASSISTANCE FOR HARDWARE ENTREPRENEURS ADDRESSING NEEDS OF THE POOR.
98,000
THE ASPEN INSTITUTE INC
2300 N ST NW
WASHINGTON
,
DC
20037
PC
TO PROVIDE SPONSORSHIP OF ANDE'S 2019 ANNUAL MEMBER CONFERENCE AND 10 YEAR ANNIVERSARY CELEBRATION.
20,000
THE ASPEN INSTITUTE INC
2300 N ST NW
WASHINGTON
,
DC
20037
PC
TO PROVIDE SPONSORSHIP OF ANDE'S 2020 ANNUAL MEMBER CONFERENCE.
12,000
THE ASPEN INSTITUTE INC
2300 N ST NW
WASHINGTON
,
DC
20037
PC
TO HELP ANDE CONTINUE TO BUILD THE INFRASTRUCTURE NECESSARY TO SCALE ITS WORK BUILDING SUPPORTIVE ENTREPRENEURIAL ECOSYSTEMS IN EMERGING MARKETS.
32,587
THE EDISON INSTITUTE INC
20900 OAKWOOD BLVD
DEARBORN
,
MI
481245029
PC
TO HELP SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH LINKED TO INVENTION AND ENTREPRENEURSHIP (STEMIE) PROGRAM BUILD A SUPPORTIVE ECOSYSTEM FOR INVENTION CONVENTION AFFILIATES GROWTH AND TO SUPPORT STEMIES ORGANIZATIONAL GROWTH IN DIVERSITY AND INCLUSION EFFORTS.
175,000
THE INSTITUTE FOR TRANSFORMATIVE TECHNOLOGIES FOUNDATION
209 THE CROSSWAY
BERKELEY
,
CA
94708
PC
SUPPORT TO UPDATE THE 50 BREAKTHROUGHS REPORT, PUBLISH CASE STUDIES DEMONSTRATING SUCCESS AND BUILD THE PLAN AROUND COMMUNITY BUILDING AND ENABLING FURTHER SOLUTION DEVELOPMENT.
19,000
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA BERKELEY
BLUM CENTER BLUM HALL 5570
BERKELEY
,
CA
947205570
PC
TO DESIGN AND PILOT OUTREACH, EDUCATION, MENTORING AND EVALUATION APPROACHES TO INTEGRATE ENVIRONMENTAL RESPONSIBILITY IN THE BIG IDEAS CONTEST FOR COLLEGE STUDENTS IN THE UNIVERSITY OF CALIFORNIA SYSTEM AND MAKERERE UNIVERSITY IN UGANDA.
25,264
TIE FOUNDATION
3065 DEMOCRACY WAY
SANTA CLARA
,
CA
95054
PC
TO PROVIDE CONFERENCE SPONSORSHIP FOR TIECON 2019 IN SANTA CLARA, CALIFORNIA, MAY 10-11, 2019.
10,000
TIE OREGON FOUNDATION
PO BOX 91042
PORTLAND
,
OR
97291
PC
TO CONTINUE FUNDING FOR INVENTION BASED CURRICULUM AND IN-SCHOOL INSTRUCTION FOR TIE YOUNG ENTREPRENEURS.
184,854
TIE OREGON
PO BOX 91042
PORTLAND
,
OR
97291
NC
TO PROVIDE THE TIE YOUNG ENTREPRENEURS PROGRAM TO HIGH SCHOOL STUDENTS FROM UNDER- RESOURCED BACKGROUNDS IN OREGON AND TRAINING FOR EDUCATORS IN OREGON AND AT TIE CHAPTERS GLOBALLY.
300
UNIVERSITY ECONOMIC DEVELOPMENT ASSOCIATION
PO BOX 97930
PITTSBURGH
,
PA
15227
PC
TO PROVIDE CONFERENCE SPONSORSHIP FOR THE ANNUAL SUMMIT FOR UNIVERSITY ECONOMIC DEVELOPMENT ASSOCIATION.
7,500
VERTUELAB
PO BOX 212
PORTLAND
,
OR
97207
PC
TO PROVIDE CONFERENCE SPONSORSHIP FOR THE VERTUELAB IMPACT SUMMIT 2019.
8,000
VILLGRO INNOVATIONS FOUNDATION
III FLOOR IITM RESEARCH PARK
KANAGAM ROAD TARAMANI
CHENNAI
600 113
IN
PC - EQUIVALENCY DET
TO CONTINUE SUPPORT OF THE INCUBATION AND LAUNCH OF HIGH-IMPACT, HIGHLY SCALABLE, INVENTION-BASED ENTERPRISES IN INDIA THAT IMPROVE LIVES OF THE POOR; AND TO PROVIDE SUPPORT FOR REPLICATION OF VILLGRO INNOVATIONS FOUNDATION MODEL IN SELECT DEVELOPING COUNTRIES.
221,487
VILLGRO INNOVATIONS FOUNDATION
III FLOOR IITM RESEARCH PARK
KANAGAM ROAD TARAMANI
CHENNAI
601 113
IN
PC - EQUIVALENCY DET
TO SUPPORT THE INCUBATION AND LAUNCH OF HIGH-IMPACT, HIGHLY SCALABLE, INVENTION-BASED ENTERPRISES IN INDIA THAT IMPROVE LIVES OF THE POOR IN INDIA AS WELL AS STRENGTHEN THE OPERATIONS AND SUSTAINABILITY OF THE VILLGRO MODEL.
607,785
WGBH EDUCATIONAL FOUNDATION
ONE GUEST STREET
BOSTON
,
MA
02135
PC
TO LEVERAGE THE SUCCESSFUL DESIGN SQUAD GLOBAL PLATFORM AND NETWORK TO EDUCATE YOUTH ABOUT ENVIRONMENTAL RESPONSIBILITY IN BOTH THE US AND ABROAD.
199,764
WILLIAM MARSH RICE UNIVERSITY
6100 MAIN STREET MS 390
HOUSTON
,
TX
77005
PC
TO EXPAND A HIGH QUALITY INVENTION EDUCATION PROGRAM WITHIN MALAWI AND TANZANIA, AND TO DEVELOP AND DISSEMINATE GUIDELINES TO ENABLE OTHER INSTITUTIONS IN AFRICA TO LEARN FROM AND ADAPT BEST PRACTICES.
300,000
Total
.................................
3a
11,961,677
b
Approved for future payment
ENVISION EXCELLENCE IN STEM EDUCATION
PO BOX 18050
CLEVELAND HEIGHTS
,
OH
44118
PC
TO SUPPORT THE STEM ECOSYSTEMS CONVENING, APRIL 2-4, 2020, IN SAN ANTONIO, TEXAS, AND TO INTRODUCE AND DRIVE ADOPTION OF INVENTION EDUCATION TO REGIONAL CENTERS.
70,000
GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC
3939 CAMPBELL AVE
ARLINGTON
,
VA
22206
PC
TO CONTINUE SUPPORT OF NEWS PROGRAMMING AND EDUCATIONAL MATERIALS HIGHLIGHTING THE IMPACT OF INVENTION AND INNOVATION.
481,694
IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION
C/O CARE CORPORATE SERVICES COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON
,
DE
19808
PC
TO SUPPORT THE INTERNATIONAL REPLICATION OF A BUSINESS MODEL THAT INCUBATES HIGH-IMPACT, HIGHLY SCALABLE, INVENTION-BASED ENTERPRISES THAT IMPROVES THE LIVES OF THE POOR (THE VILLGRO MODEL) AND TO SECURE APPROPRIATE CAPITAL FOR THOSE INVENTION-BASED ENTERPRISES.
545,640
KENYA CLIMATE INNOVATION CENTER
PO BOX 49162-00100 STRATHMORE
BUSINESS SCHOOL OLE SANGALE ROAD MA
NAIROBI
KE
NC
TO SUPPORT THE OPERATIONS OF A PROTOTYPING AND MANUFACTURING SPACE AND TRAINING ENGINEERS AND FABRICATORS TO ADDRESS A TALENT GAP IN KENYA.
1,074,618
KENYA IMPACT INNOVATIONS FOUNDATION
5TH FLOOR STRATHMORE STUDENT CENTRE
KERI ROAD
NAIROBI
KE
NC
TO SUPPORT KENYA IMPACT INNOVATIONS FOUNDATION'S BUSINESS INCUBATION ACTIVITIES AND TO BUILD A STRONGER PIPELINE OF INVENTION-BASED ENTERPRISES IN EAST AFRICA THAT WILL MEET THE HEALTH NEEDS FOR LOW RESOURCE POPULATIONS.
1,078,830
NATIONAL COLLEGIATE INVENTORS AND INNOVATORS ALLIANCE
100 VENTURE WAY
HADLEY
,
MA
010359462
PC
TO SUPPORT RESEARCH, ANALYSIS AND DISSEMINATION DESIGNED TO INCREASE EQUITY AND INCLUSION IN THE HIGHER EDUCATION INVENTION AND ENTREPRENEURSHIP PIPELINE.
170,949
OREGON STATE UNIVERSITY FOUNDATION
4238 SW RESEARCH WAY
CORVALLIS
,
OR
973331068
PC
TO SUPPORT OREGON STATE UNIVERSITY FOUNDATION SERVING AS FISCAL SPONSOR FOR OREGON STATE UNIVERSITY TO IMPLEMENT MOBILE INVENTION CAMPS AND RELATED EDUCATOR TRAINING PROGRAMS IN RURAL OREGON.
146,305
PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND
,
OR
97207
PC
TO SUPPORT PORTLAND STATE UNIVERSITY FOUNDATION SERVING AS A FISCAL SPONSOR FOR PORTLAND STATE UNIVERSITY BOOTCAMP FOR CURRICULUM DEVELOPMENT AND DOCUMENTATION, ENHANCED MENTOR TRAINING, AND SUPPORT FOR EXPANSION OF THE COURSE TO ADDITIONAL INSTITUTIONS.
147,081
ROCKY MOUNTAIN INSTITUTE
2490 JUNCTION PLACE SUITE 200
BOULDER
,
CO
80301
PC
TO SUPPORT THE GLOBAL COOLING PRIZE EFFORTS TO AWARD FUNDING TO ORGANIZATIONS THAT ARE DEVELOPING A 5-FOLD EFFICIENCY INCREASE IN COOLING REFRIGERANTS, STARTING IN INDIA.
400,000
SELCO FOUNDATION
690 FIRST FLOOR 100FT RING ROAD
15TH CROSS 2ND PHASE JP NAGAR
BANGALORE
560078
IN
PC - EQUIVALENCY DET
TO SUPPORT THE INCUBATION OF INVENTION-BASED ENTERPRISES DESIGNED TO IMPROVE LIVES IN LOW INCOME COMMUNITIES IN INDIA.
764,993
THE EDISON INSTITUTE INC
20900 OAKWOOD BLVD
DEARBORN
,
MI
481245029
PC
TO HELP SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH LINKED TO INVENTION AND ENTREPRENEURSHIP (STEMIE) PROGRAM BUILD A SUPPORTIVE ECOSYSTEM FOR INVENTION CONVENTION AFFILIATES GROWTH AND TO SUPPORT STEMIES ORGANIZATIONAL GROWTH IN DIVERSITY AND INCLUSION EFFORTS.
525,000
TIE OREGON FOUNDATION
3065 DEMOCRACY WAY
SANTA CLARA
,
CA
95054
PC
TO CONTINUE FUNDING FOR INVENTION BASED CURRICULUM AND IN-SCHOOL INSTRUCTION FOR TIE YOUNG ENTREPRENEURS.
128,496
VILLGRO INNOVATIONS FOUNDATION
III FLOOR IITM RESEARCH PARK
KANAGAM ROAD TARAMANI
CHENNAI
600 113
IN
PC - EQUIVALENCY DET
TO CONTINUE SUPPORT OF THE INCUBATION AND LAUNCH OF HIGH-IMPACT, HIGHLY SCALABLE, INVENTION-BASED ENTERPRISES IN INDIA THAT IMPROVE LIVES OF THE POOR; AND TO PROVIDE SUPPORT FOR REPLICATION OF VILLGRO INNOVATIONS FOUNDATION MODEL IN SELECT DEVELOPING COUNTRIES.
995,279
Total
.................................
3b
6,528,885
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
PRI INVESTMENT INCOME
9,678
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
883,233
4
Dividends and interest from securities
....
14
5,222,178
71,298
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
3,348,030
8
Gain or (loss) from sales of assets other than
inventory
............
525990
31,410
18
19,570,757
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
FOREIGN CURRENCY GAIN
01
1,242
b
OTHER INCOME
525990
-885,975
615
c
STATE TAX REFUND
525990
220
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
-854,345
29,025,440
81,591
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
28,252,686
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A
PROGRAM RELATED INVESTMENT INCOME
4
TAX EXEMPT INTEREST
11B
PRIOR YEAR QUALIFYING DISTRIBUTIONS
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
Yes
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
1a(1)
300
TIE OREGON
GRANT TO PROVIDE THE TIE YOUNG ENTREPRENEURS PROGRAM TO HIGH SCHOOL STUDENTS FROM UNDER- RESOURCED BACKGROUNDS IN OREGON AND TRAINING FOR EDUCATORS IN OREGON AND AT TIE CHAPTERS GLOBALLY.
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description