Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97209
A Employer identification number

88-0391959
B Telephone number (see instructions)

(503) 827-8910
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$416,642,073J Accounting method:
 
(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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,508,105 1,508,105  
4 Dividends and interest from securities... 2,673,694 4,215,478  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 549,641
b Gross sales price for all assets on line 6a 125,792,292
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
1,248,765 204,253 329,142
12 Total. Add lines 1 through 11........ 5,980,205 5,927,836 329,142
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 648,838 162,210 0 486,629
14 Other employee salaries and wages...... 2,031,268 0 0 1,922,836
15 Pension plans, employee benefits....... 1,016,583 50,829 0 970,531
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
307,975 76,994 0 206,579
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
157,159 39,290 0 111,424
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,265,833 1,100,342 0 2,130,162
17 Interest............... 113 0 0 113
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
907,829 105,408 0 2,400
19 Depreciation (attach schedule) and depletion... 45,674 278 0
20 Occupancy.............. 295,765 0 0 285,360
21 Travel, conferences, and meetings....... 472,741 0 0 593,333
22 Printing and publications.......... 86,479 0 0 86,479
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
625,798 2,528,814 12,397 629,748
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,862,055 4,064,165 12,397 7,425,594
25 Contributions, gifts, grants paid....... 16,075,686 16,075,686
26 Total expenses and disbursements. Add lines 24 and 25 26,937,741 4,064,165 12,397 23,501,280
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,957,536
b Net investment income (if negative, enter -0-) 1,863,671
c Adjusted net income (if negative, enter -0-)... 316,745
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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
Assets 1 Cash—non-interest-bearing............. 6,850,660 3,907,502 3,907,502
2 Savings and temporary cash investments......... 5,863,516 2,059,411 2,059,411
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 40,710 165,466 165,466
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 93,912,178 Click to see attachment
List of Attached Documents:
// Content
89,579,277 		89,579,277
c Investments—corporate bonds (attach schedule)....... 54,829,734 Click to see attachment
List of Attached Documents:
// Content
62,798,380 		62,798,380
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 220,301,677 Click to see attachment
List of Attached Documents:
// Content
241,136,549 		241,136,549
14 Land, buildings, and equipment: basis right arrow1,252,167
Less: accumulated depreciation (attach schedule) right arrow696,305 590,307 Click to see attachment
List of Attached Documents:
// Content
555,862 		555,862
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
13,541,665 		Click to see attachment
List of Attached Documents:
// Content
16,439,626 		Click to see attachment
List of Attached Documents:
// Content
16,439,626
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 395,930,447 416,642,073 416,642,073
Liabilities 17 Accounts payable and accrued expenses.......... 703,687 717,104
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
2,462,782 		Click to see attachment
List of Attached Documents:
// Content
3,154,065
23 Total liabilities (add lines 17 through 22)......... 3,166,469 3,871,169
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 392,763,978 412,770,904
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 392,763,978 412,770,904
30 Total liabilities and net assets/fund balances (see instructions). 395,930,447 416,642,073
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
392,763,978
2
Enter amount from Part I, line 27a .....................
2
-20,957,536
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
40,964,462
4
Add lines 1, 2, and 3 ..........................
4
412,770,904
5
Decreases not included in line 2 (itemize) right arrow
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
412,770,904
Form 990-PF (2023)
Form 990-PF (2023)
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   2022-01-01 2023-12-31
b PRI - UNITUS SEED FND LP P 2022-01-01 2023-12-31
c PRI - VILCAP INVESTMENTS P 2022-01-01 2023-12-31
d PASS THROUGH INVESTMENTS REPORTED ON SCHEDULE K-1 P 2022-01-01 2023-12-31
e DISPOSAL OF ROCKPORT CAPITAL PARTNERS III, L.P. P 2022-01-01 2023-12-31
DISPOSAL OF COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP P 2022-01-01 2023-12-31
(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 125,792,292   125,009,454 782,838
b     48,130 -48,130
c     30,181 -30,181
d     2,783,579 -2,783,579
e 685,621   472,579 213,042
131,494   165,234 -33,740
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       782,838
b       -48,130
c       -30,181
d       -2,783,579
e       213,042
      -33,740
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,899,750
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 ................... 		Bracket 3  
Part V
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 25,905
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 25,905
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 25,905
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 352,243
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 352,243
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 326,338
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow326,338 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNV, 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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowWWW.LEMELSON.ORG
14
The books are in care ofright arrowBRIAN DORAN CFAO Telephone no.right arrow (503) 827-8910

Located atright arrow1455 NW OVERTON STREET SUITE 500PORTLANDOR ZIP+4right arrow97209
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowIN
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
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.) ...............
1a(6)
 
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
Yes
 
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
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
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
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?
7a
 
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? .........................
8
 
No
Part VII
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
ROBERT SCHNEIDER EXECUTIVE DIRECTOR, ASST. SECRETARY
40.00 		345,779 92,284 300
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
BRIAN DORAN CHIEF FIN ADMIN OFFICER, ASST. TREAS
40.00 		303,059 94,113 300
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
ERIC LEMELSON VP, TREASURER, ASST SECRETARY
6.00 		0 0 0
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
ROBERT LEMELSON PRES., BOARD CHAIR, SEC., ASST. TREAS.
6.00 		0 0 0
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
SUSAN MORSE DIRECTOR
6.00 		0 0 0
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
JENNIFER BRUML DIRECTOR
6.00 		0 0 0
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
ANN MORGAN VICE PRESIDENT
1.00 		0 0 0
1455 NW OVERTON STREET SUITE 500
PORTLAND,OR97209
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
JOEL CLEMENT SR. PROGRAM OFFICER
40.00 		236,025 57,296 187
1455 NW OVERTON ST STE 500
PORTLAND,OR97209
CYNTHIA COOPER SR. PROGRAM OFFICER
40.00 		183,626 70,227 300
1455 NW OVERTON ST STE 500
PORTLAND,OR97209
DAVID CORONADO SR. PROGRAM OFFICER
40.00 		183,626 65,239 300
1455 NW OVERTON ST STE 500
PORTLAND,OR97209
MAGGIE FLANAGAN PROGRAM OFFICER
40.00 		159,568 65,415 300
1455 NW OVERTON ST STE 500
PORTLAND,OR97209
VANESSA BRISENO COMMUNICATIONS OFFIC
40.00 		145,623 62,627 300
1455 NW OVERTON ST STE 500
PORTLAND,OR97209
Total number of other employees paid over $50,000...................right arrow 10
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
TIEDEMANN WEALTH MANAGEMENT INVESTMENT CONSULTING FEES 833,626
1415 WESTERN AVENUE SUITE 600
SEATTLE,WA98101
LONG STORY SHORT MEDIA INC STRATEGIC COMMUNICATIONS 357,260
2830 GEORGIA AVENUE NW
WASHINGTON,DC20001
EVERGREEN INNOVATION PLATFORM LLC PROGRAM CONSULTANT 350,000
251 LITTLE FALLS DRIVE
WILMINGTON,DE19808
FUNDSMITH SUSTAINABLE EQUITY FUND LP INVESTMENT MGMT FEES 313,176
46 SOUTHFIELD AVE SUITE 205
STAMFORD,CT06902
GENERATION IM GLOBAL EQUITY FUND LLC INVESTMENT MGMT FEES 299,107
555 MISSION STREET SUITE 3400
SAN FRANCISCO,CA94105
Total number of others receiving over $50,000 for professional services.............right arrow24
Part VIII-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 ENGINEERING FOR ONE PLANET ("EOP") NETWORK MANAGEMENT & CONVENINGS - THE ONGOING MANAGEMENT OF THE EOP NETWORK AND THE CONVENINGS AND MEETINGS NEEDED TO BRING THE NETWORK TOGETHER FOR COLLABORATION, INCLUDING AN EOP NETWORK MANAGER. NETWORK MANAGEMENT ACTIVITIES INCLUDE: WEAVING EOP NETWORK MEMBERS TO STRENGTHEN CONNECTIVITY; SUPPORTING EMERGENT COLLABORATIONS; FOSTERING A BENEFICIAL PARTICIPANT EXPERIENCE; BUILDING COLLABORATIVE INFRASTRUCTURE. THE FOUNDATION WILL SUPPORT VIRTUAL MEETINGS AND IS BUDGETED FOR ONE IN-PERSON EVENT. 431,717
2 EVERGREEN INNOVATION PLATFORM - TO (1) SELECT, PILOT, AND VALIDATE INNOVATIONS DESIGNED TO MEET THE NEEDS OF SMALLHOLDER FARMERS IN INDIA AND ENABLE CLIMATE ACTION; (2) DEMONSTRATE A SELF-SUSTAINING MODEL FOR COMMERCIALIZING INNOVATIONS FOR SMALLHOLDER FARMERS, AND (3) ENGAGE AND INFLUENCE ADDITIONAL KEY STAKEHOLDERS IN STRENGTHENING A MARKET AND SYSTEM FOR SUPPORTING INNOVATIONS FOR SMALLHOLDER FARMERS, ALL WITH THE OVERARCHING OBJECTIVE OF IMPROVING THE LIVES OF SMALL-HOLDER FARMERS LIVING IN POVERTY IN INDIA WHILE ALSO MITIGATING AGAINST CLIMATE CHANGE. 350,000
3 INSPIRING YOUTH TO INVENT - TO (1) REEXAMINE THE FOUNDATION'S PREVIOUS WORK WITH SUPPORT FROM CONTEXT PARTNERS TO UNDERSTAND THE IMPACTS OF COVID ON EDUCATION AND REVISE THE FOUNDATION'S APPROACH BASED ON FEEDBACK FROM TEACHERS, SCHOOL ADMINISTRATORS, POTENTIAL FUNDERS AND ADDITIONAL EXPERTS AND (2) IDENTIFY A NEW APPROACH TO INSPIRE YOUTH TO INVENT WITH PURPOSE. 231,636
4 INVENTED ORGANIZATION SUPPORT - INVENTED IS FOCUSED ON DEVELOPING AND IMPLEMENTING SUSTAINABLE SYSTEMS AND OPERATIONS PLANS; MOVING FROM A COMMUNITY OF PRACTICE TO A UNITED COALITION; INCREASING AWARENESS OF INVENTED AND INVENTION EDUCATION AND IDENTIFYING AREAS FOR COLLABORATION AND ADVANCE FIELD-LEVEL PRIORITIES. TO ACHIEVE THESE GOALS, A CONTRACTOR WAS ADDED TO LEAD THE INVENTED NETWORK PLUS EXPENSES; AS WELL AS A STRATEGY CONTRACTOR TO ASSIST COMMUNITY LEADERS IN DEVELOPING A 5-YEAR STRATEGIC PLAN. SUPPORT FOR WORKING GROUPS AND (RESEARCH, TEACHING AND LEARNING, ETC.) AND ENGAGING THE COMMUNITY IN A COMMITMENTS PROCESS TO DRIVE TOWARDS COMMUNITY-BASED PROBLEM SOLVING AND LEVERAGE THESE TO PUSH FOR INCREASED ATTENTION TO INVENTED. AN ORGANIZATION SYSTEMS (DATABASES, EMAIL, ETC.) AND LEARNING SERIES (WEBINARS AND WORKSHOPS) WERE HELD THROUGHOUT THE YEAR. 195,181
Part VIII-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 JAZA RIFT VENTURES GP LLC ("JAZA"). THE PURPOSE OF THE LOAN IS TO ENABLE JAZA TO INVEST IN EARLY-STAGE INVENTION- AND INNOVATION-BASED BUSINESSES FOCUSED ON IMPROVING ACCESS TO AFFORDABLE HEALTHCARE IN AFRICA AND IMPROVING THE HEALTH OF POPULATIONS IN AFRICA. THE PROMISSORY NOTE FROM JAZA TO THE FOUNDATION REMAINS OUTSTANDING. 1,000,000
2 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE FORM OF PURCHASING AN EQUITY INTEREST IN TEAMFUND, LP ("TEAMFUND"), THE GENERAL PARTNER OF WHICH IS A WHOLLY-OWNED SUBSIDIARY OF TEAMFUND, INC. (WHICH IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE). THE FOUNDATION'S INVESTMENT IN TEAMFUND WILL BE USED TO IMPROVE THE LIVES OF LOW-RESOURCE, UNDERSERVED POPULATIONS IN DEVELOPING COUNTRIES BY INCREASING ACCESS TO AFFORDABLE, APPROPRIATE, AND SUSTAINABLE MEDICAL TECHNOLOGIES THAT EFFECTIVELY ADDRESS PRIORITY UNMET CLINICAL NEEDS. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN TEAMFUND. 200,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
172,373
Total. Add lines 1 through 3.........................right arrow1,372,373
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
141,590,558
b
Average of monthly cash balances.......................
1b
13,803,129
c
Fair market value of all other assets (see instructions)................
1c
226,210,083
d
Total (add lines 1a, b, and c).........................
1d
381,603,770
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
381,603,770
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,724,057
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
375,879,713
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
18,793,986
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
18,793,986
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
25,905
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
25,905
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
18,768,081
4
Recoveries of amounts treated as qualifying distributions................
4
62,772
5
Add lines 3 and 4............................
5
18,830,853
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 XII, line 1 ...
7
18,830,853
Part XI
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
23,501,280
b
Program-related investments—total from Part VIII-B..................
1b
1,372,373
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
11,229
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 XII, line 4. .......
4
24,884,882
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 18,830,853
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 315,802
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 24,884,882
a Applied to 2022, but not more than line 2a 315,802
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 2023 distributable amount..... 18,830,853
e Remaining amount distributed out of corpus 5,738,227
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,738,227
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		5,738,227
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 5,738,227
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList 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).)
bList 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
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
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)
aPaid during the year

ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY INC

415 NORTH CHARLES STREET
BALTIMORE,MD21201 		  PC TO RECOGNIZE INNOVATIVE APPROACHES TO INTEGRATING SUSTAINABILITY IN ABET-ACCREDITED PROGRAMS AND GAIN VISIBILITY FOR ENGINEERING FOR ONE PLANET WITH PRIORITY TARGET AUDIENCES. 15,000

AFRICAN CENTRE FOR TECHNOLOGY STUDIES

ICIPE DUDUVILLE CAMPUS KASARANI PO
BOX 45917
NAIROBI   00100
KE 		  PC - EQUIVALENCY DET TO SUPPORT ACTS'S ROLE AS A COLLABORATOR IN THE NATIONAL ENTREPRENEURIAL INSTITUTIONS FRAMEWORK, TO STRENGTHEN COMMERCIALIZATION SYSTEMS IN KENYA TO INCREASE CAPACITY FOR LOCAL INNOVATION TO MEET SOCIAL AND ENVIRONMENTAL NEEDS RELATED TO THE SUSTAINABLE DEVELOPMENT GOALS. 49,155

AFRICAN VENTURE PHILANTHROPY ALLIANCE

PO BOX 59792
NAIROBI   00200
KE 		  PC - EQUIVALENCY DET TO SUPPORT THE MOBILIZATION OF INVESTMENT WITHIN SUB-SAHARAN AFRICAN COUNTRIES INTO ENTERPRISES OFFERING CLIMATE ADAPTATION SOLUTIONS FOR VULNERABLE POPULATIONS. 150,000

AMERICAN SOCIETY FOR ENGINEERING EDUCATION

1818 N STREET NW SUITE 600
WASHINGTON DC,DC20036 		  PC TO INTEGRATE ENGINEERING FOR ONE PLANET SUSTAINABILITY LEARNING OUTCOMES IN DIVERSE COURSES AND PROGRAMS NATIONALLY. 352,206

AMERICAN SOCIETY FOR ENGINEERING EDUCATION

1818 N STREET NW SUITE 600
WASHINGTON DC,DC20036 		  PC TO INTEGRATE ENGINEERING FOR ONE PLANET LEARNING OUTCOMES IN DIVERSE ENGINEERING COURSES AND PROGRAMS. 32,094

ARIZONA BOARD OF REGENTS ON BEHALF OF ARIZONA STATE UNIVERSITY

UNIVERSITY DRIVE AND MILL AVENUE
TEMPE,AZ85287 		  GOV TO EQUIP FACULTY WITH THE KNOWLEDGE AND SKILLS TO INTEGRATE THE ENGINEERING FOR ONE PLANET FRAMEWORK AS WELL AS A DEEPER UNDERSTANDING OF SUSTAINABILITY EDUCATION. 90,000

ART CENTER COLLEGE OF DESIGN

1700 LIDA STREET
PASADENA,CA91103 		  PC TO DEVELOP AND EMBED AN EIGHT-TERM PROGRAM OF SUSTAINABILITY LEARNING WITHIN THE CORE PRODUCT DESIGN CURRICULUM OF ARTCENTER COLLEGE OF DESIGNS INDUSTRIAL DESIGN PROGRAM AND ADAPT IT FOR RELATED COURSES TAUGHT THERE AND AT PASADENA CITY COLLEGE TO REACH 1,500 STUDENTS. 54,800

CARDEN OF TUCSON

5260 NORTH ROYAL PALM DRIVE
TUCSON,AZ85705 		  PC TO CONDUCT A FORMATIVE ASSESSMENT OF EDUCATORS TO IDENTIFY EFFECTIVE TEACHING PRACTICES THAT FOSTER INVENTIVENESS WITHIN YOUNG PEOPLE. 55,499

CLEARPATH INC

518 C ST NE SUITE 300
WASHINGTON,DC20002 		  PC TO ESTABLISH A FUND TO ACCELERATE THE DECARBONIZATION OF HARD-TO-ABATE INDUSTRIAL SECTORS. 500,000

CLIMATE BREAKTHROUGH INC

2625 ALCATRAZ AVE 116
BERKELEY,CA94705 		  PC FOR GENERAL OPERATING SUPPORT. 1,000,000

COLLABORATIVE FOR FRONTIER FINANCE

2707 N STREET NORTHWEST
WASHINGTON,DC20007 		  NC TO ASSESS THE FEASIBILITY OF AND DESIGN FOR A NEW INVESTMENT FACILITY INTENDED TO MOBILIZE MORE INVESTMENT WITHIN AFRICAN COUNTRIES INTO LOCAL ENTERPRISES DEVELOPING SOLUTIONS TO MEET THE NEEDS OF VULNERABLE, LOW-INCOME CONSUMERS. 100,000

COMMUNITY INITIATIVES

1000 BROADWAY STE 480
OAKLAND,CA94607 		  PC TO SUPPORT COSTS FOR THE ENTREPRENEURSHIP FUNDERS NETWORK IN 2023. 75,000

DRONES DOING GOOD

NEUSTR 40 53545
LINZ AM RHEIN   53545
GM 		  NC TO (1) PROVIDE SUPPORT TO PILOT A PROGRAM IN WHICH THE GRANTEE WILL TEST HOW ITS DRONE HARDWARE CAN BE LEVERAGED BY LOCAL BUSINESSES IN KENYA WHO OFFER SERVICES TO SMALLHOLDER FARMERS, AN IMPOVERISHED AND UNDER-RESOURCED COMMUNITY, IN ORDER TO INCREASE YIELDS AND EARNINGS FOR SMALLHOLDER FARMERS, THEREBY REDUCING POVERTY AND INCREASING FOOD SECURITY (THE "PROJECT"), AND (2) HELP THE GRANTEE IDENTIFY AND SECURE ADDITIONAL SUPPORT FOR THE PROJECT FROM OTHER FUNDING SOURCES. 50,000

EDITORIAL PROJECTS IN EDUCATION INC

6935 ARLINGTON ROAD
BETHESDA,MD20814 		  PC TO SUPPORT THE DEVELOPMENT AND DISSEMINATION OF NEW EDUCATION RESEARCH FOCUSED ON IDENTIFYING THE NEEDS OF DIVERSE STUDENTS IN STEM AND INVENTION EDUCATION. 60,000

ENGINEERING CHANGE LAB - USA

14710 WEST DODGE ROAD
OMAHA,NE68154 		  PC TO SUPPORT AN EXPERIENCED FUNDRAISING PROFESSIONAL TO WORK WITH ECL-USA TO DEVELOP AND BEGIN IMPLEMENTING A FUNDRAISING STRATEGY. 49,515

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVENUE SOUTH
NEW YORK,NY10010 		  PC TO SUPPORT METHANESAT, AN ORBITAL EYE IN THE SKY THAT COULD MONITOR INDUSTRIAL METHANE LEAKS ALL OVER THE PLANET. 100,000

GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC

3939 CAMPBELL AVE
ARLINGTON,VA22206 		  PC TO PROVIDE BLACK, NATIVE AMERICAN, AND LATINX YOUTH AN OPPORTUNITY TO ENGAGE WITH INVENTION EDUCATION, USING TEACHERS AS THE VEHICLE TO REACH THEM IN AN EQUITABLE AND INCLUSIVE MANNER. 125,000

IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION

CARE CORPORATE SERVICES COMPANY 251
LITTLE FALLS DRIVE
WILMINGTON,DE19808 		  PC TO PROVIDE CAPITAL FOR SEED INVESTMENTS IN INVENTION-BASED ENTERPRISES AND TO PILOT FINANCE INNOVATIONS THAT ADDRESS CAPITAL NEEDS THAT ENABLE SCALE OF INVENTION-BASED ENTERPRISES. 110,000

IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION

CARE CORPORATE SERVICES COMPANY 251
LITTLE FALLS DRIVE
WILMINGTON,DE19808 		  PC SCALING INVENTION-BASED IMPACT IN DEVELOPING COUNTRIES THROUGH TRAINING, CAPACITY BUILDING AND PROVIDING SEED-FUNDING FOR IMPACT INCUBATORS IN THOSE ECOSYSTEMS. 585,000

INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS INC

3 PARK AVENUE
NEW YORK,NY10016 		  PC TO DEFINE THE APPROACH, PARTNERSHIPS, PEOPLE, AND BUDGET REQUIRED FOR IEEE TO UNDERTAKE A PILOT INITIATIVE IN INDIA. 44,000

INSTITUTO CLIMA E SOCIEDADE

RUA GENERAL DIONISIO 14 HUMAITA
RIO DE JANEIRO   22271-050
BR 		  PC - EQUIVALENCY DET TO BRING INTERNET CONNECTIVITY TO THE GUARDIANS OF THE AMAZON AND DEVELOP A ROADMAP FOR INDUSTRIAL DECARBONIZATION AND CLIMATE JUSTICE IN NORTHEAST BRAZIL. 1,000,000

KENNESAW STATE UNIVERSITY RESEARCH AND SERVICE FOUNDATION INC

1000 CHASTAIN ROAD NORTHWEST
KENNESAW,GA30144 		  PC TO INCREASE CAPACITY FOR KSU ENGINEERING STUDENTS AND FACULTY TO INTEGRATE MULTIPLE LEARNING OUTCOMES FROM THE ENGINEERING FOR ONE PLANET FRAMEWORK IN MULTIPLE CLASSES, MAJORS, DEPARTMENTS, AND SCHOOLS. 65,284

KENYA IMPACT INNOVATIONS FOUNDATION

BISHOP MAGUA BUILDING UNIT UG6
NGONG ROAD
NAIROBI   30410-00100
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. 450,000

LORDS EDUCATION & HEALTH SOCIETY

BUILDING NO 24 3RD FLOOR OKHLA
PHASE-III
NEW DELHI,DELHI110020
IN 		  PC - EQUIVALENCY DET TO DEVELOP AND PILOT A HEALTH INNOVATION UNIT WITHIN TWO INDIAN STATES AND EVALUATE WHETHER THIS REDUCES BARRIERS FOR THE PUBLIC HEALTH SYSTEM TO ADOPT INNOVATIONS. 43,574

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE,MA02139 		  PC TO PREPARE AND DISTRIBUTE THE DOCUMENTARY PATHWAYS TO INVENTION NATIONALLY THROUGH AMERICAN PUBLIC MEDIA TO INSPIRE A NEW GENERATION OF INVENTORS AND CONNECT NEW AUDIENCES TO INVENTION EDUCATION. 90,000

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE,MA02139 		  PC TO SEEK TO DEVELOP THE NEXT GENERATION OF INVENTORS, WITH A FOCUS ON DIVERSITY, EQUITY, AND INCLUSION, AND SPECIFICALLY TO EXPAND INCLUSIVE OPPORTUNITIES FOR ALL PEOPLE TO LEARN TO INVENT, PROTECT THEIR INTELLECTUAL PROPERTY, AND BRING CREATIONS TO INTENDED BENEFICIARIES; ADVANCE INVENTION EDUCATION AS A FIELD OF STUDY THROUGH SCHOLARLY RESEARCH THAT INFORMS POLICIES AND PRACTICES; AND EXPAND SUPPORT FOR INVENTORS AND INVENTION EDUCATION EDUCATORS WITHIN LOCAL COMMUNITIES THROUGH NEW POLICIES, PROGRAMS, COLLABORATIVE EFFORTS, AND CELEBRATORY EVENTS. 2,300,000

NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE

100 VENTURE WAY
HADLEY,MA01035 		  PC TO SUPPORT INVENTIVE MINDSETS AND SKILLSETS IN COLLEGIATE STUDENTS AND TO SUPPORT FACULTY TO CULTIVATE INVENTION EDUCATION. 3,021,976

NATIONAL PUBLIC RADIO INC

1111 NORTH CAPITOL ST NE
WASHINGTON,DC20002 		  PC FOR GENERAL OPERATING SUPPORT. 250,000

NATIONAL SCIENCE FOUNDATION

2415 EISENHOWER AVE
ALEXANDRIA,VA22314 		  GOV TO SUPPORT AND EXPAND THE RESEARCH IN THE FORMATION OF ENGINEERS PROGRAM AT HIGHER EDUCATION INSTITUTIONS TO INTEGRATE SUSTAINABILITY INTO THE ENGINEERING CURRICULUM. 350,000

OREGON STATE UNIVERSITY FOUNDATION

4238 SW RESEARCH WAY
CORVALLIS,OR973331068 		  PC TO SUPPORT IN-SCHOOL INVENTION EDUCATION PROGRAMS, SUMMER CAMPS, AND SUPPLEMENTAL PROGRAMS IN RURAL COMMUNITIES IN OREGON. 136,404

OREGON STATE UNIVERSITY FOUNDATION

4238 SW RESEARCH WAY
CORVALLIS,OR973331068 		  PC TO CONTINUE PROVIDING INVENTION EDUCATION TO DIVERSE AND RURAL YOUTH IN GRADES K-12 THROUGHOUT OREGON AND TO TEST CULTURALLY APPROPRIATE TEACHING APPROACHES, INCREASE THE INVENTIVENESS OF CHILDREN, GENERATE NEW RESEARCH ON THE EFFECTIVENESS OF APPROACHES, AND REACH MORE STUDENTS IN SCHOOLS. 103,599

OUR LA

2454 LYRIC AVENUE
LOS ANGELES,CA90027 		  PC TO SUPPORT THE HIRING OF A PUBLICIST TO SHARE THE EDDY'S WORLD DOCUMENTARY ON PBS AS WELL AS TO NATIONAL MAGAZINES AND NEWSPAPERS, NPR AND OTHER RADIO OUTLETS, AND SOCIAL MEDIA. 10,000

PORTLAND STATE UNIVERSITY FOUNDATION

BOX 243
PORTLAND,OR97207 		  PC TO SUPPORT CONTINUATION AND EXPANSION OF THE OREGON MESA PROGRAM INCLUDING AFTER SCHOOL AND COMMUNITY INVENTION EDUCATION PROGRAMS AND TEACHER PROFESSIONAL DEVELOPMENT. 281,500

PORTLAND STATE UNIVERSITY FOUNDATION

BOX 243
PORTLAND,OR97207 		  PC TO SUPPORT A STATEWIDE COLLEGIATE INVENTION COMPETITION IN OREGON. 165,000

PORTLAND STATE UNIVERSITY FOUNDATION

BOX 243
PORTLAND,OR97207 		  PC TO SUPPORT A STATEWIDE COLLEGIATE INVENTION COMPETITION IN OREGON. 167,000

PROJECT INVENT

2261 MARKET STREET 4624
SAN FRANCISCO,CA94114 		  PC TO MAP THE CURRENT INVENTION EDUCATION NETWORK AND BUILD A BASE OF RESEARCH TO GUIDE DEVELOPMENT OF A POTENTIAL INVENTION EDUCATION ECOSYSTEM MODEL, EXPANDING ON THE CURRENT INVENTED NETWORK. 75,000

REGENTS OF THE UNIVERSITY OF MICHIGAN

4901 EVERGREEN ROAD
DEARBORN,MI48128 		  PC TO INTEGRATE SUSTAINABILITY IN MULTIPLE ENGINEERING COURSES AND PROGRAMS THROUGH PROJECT-BASED LEARNING. 80,392

ROCHESTER INSTITUTE OF TECHNOLOGY

116 LOMB MEMORIAL DRIVE 01-2115
ROCHESTER,NY146235603 		  PC TO ENHANCE ENVIRONMENTAL AND SOCIAL SUSTAINABILITY IN THE SKILLSET OF ENGINEERING AND ENGINEERING TECHNOLOGY UNDERGRADUATE AND GRADUATE STUDENTS IN MULTIPLE DEPARTMENTS AT RIT AND CALIFORNIA STATE UNIVERSITY, FRESNO USING THE ENGINEERING FOR ONE PLANET FRAMEWORK TO MODIFY COURSES AT THESE INSTITUTIONS. 35,691

ROCKY MOUNTAIN INSTITUTE

2490 JUNCTION PLACE SUITE 200
BOULDER,CO80301 		  PC TO ACCELERATE INDUSTRIAL DECARBONIZATION BY SOURCING, SELECTING, SUPPORTING, AND SCALING CLIMATE TECH STARTUPS THROUGH RMIS THIRD DERIVATIVE (D3) AND CLIMATE-ALIGNED INDUSTRIES (CAI) PROGRAMS. 1,000,000

ROOT DIVISION

1131 MISSION STREET
SAN FRANCISCO,CA94103 		  PC FOR GENERAL OPERATING SUPPORT. 5,000

SELCO FOUNDATION

690 FIRST FLOOR 100FT RING ROAD
15TH CROSS 2ND PHASE JP NAGAR
BANGALORE,KARNATAKA560078
IN 		  PC - EQUIVALENCY DET TO SET UP A ROBUST CLIMATE FOCUSED, INCLUSIVE TECHNOLOGY INNOVATION AND INCUBATION PROGRAM AND KNOWLEDGE CENTER. 400,000

SOCIETY FOR SCIENCE AND THE PUBLIC

1719 N STREET NW
WASHINGTON,DC20036 		  PC TO SUPPORT A MULTI-POINT ENGAGEMENT STRATEGY WITH MIDDLE SCHOOLERS TO INSPIRE AND EDUCATE THEM THROUGH SCIENCE FAIRS HELD ACROSS THE COUNTRY. 112,500

SUSTAINABLE ENERGY FOR ALL VEREIN FUR NACHHALTIGE ENERGIE

6 DONAU-CITY-STRAE
WIEN   1220
AU 		  PC - EQUIVALENCY DET FOR GENERAL OPERATING SUPPORT. 500,000

THE ASME FOUNDATION INC

TWO PARK AVENUE
NEW YORK,NY100165990 		  PC TO PROVIDE CONTINUED SUPPORT OF ASME ISHOW IN INDIA, KENYA, AND THE UNITED STATES AND TO PILOT MODELS FOR STRENGTHENING REGIONAL ECOSYSTEMS. 100,000

THE ASPEN INSTITUTE INC

2300 N ST NW
WASHINGTON,DC20037 		  PC TO BUILD CAPACITY RELATED TO CLIMATE CHANGE EXPERTISE SO THAT ANDE CAN SUPPORT CLIMATE ENTREPRENEURS AND ADVOCATE ON THEIR BEHALF. 65,859

THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

DEPARTMENT OF BIOENGINEERING 318
CAMPUS DRIVE CLARK CENTER ROOM E-10
STANFORD,CA943055428 		  PC TO SUPPORT HEALTH INNOVATORS, FACILITATE NETWORK CONNECTIONS, AND ADVISE NHA TO REDUCE BARRIERS TO ADOPTING INNOVATION IN INDIA'S PUBLIC HEALTH SYSTEM. 90,000

THE EDISON INSTITUTE INC

20900 OAKWOOD BLVD
DEARBORN,MI48124 		  PC TO SUPPORT THE INTEGRATION OF JUSTICE, EQUITY, DIVERSITY, AND INCLUSION IN THEIR INVENTION EDUCATION WORK, IN ADDITION TO SUSTAINING A NATIONAL NETWORK OF INVENTION CONVENTION AFFILIATE PROGRAMS. 308,806

THE UNIVERSITY OF TEXAS AT ARLINGTON

416 YATES ST SUITE 425 DEPT OF
CIVIL ENGINEERING
ARLINGTON,TX76010 		  GOV TO EQUIP ENGINEERING FACULTY ACROSS MULTIPLE DISCIPLINES WITH THE KNOWLEDGE AND SKILLS TO INTEGRATE THE ENGINEERING FOR ONE PLANET FRAMEWORK, CAPTURE AND SHARE LEARNINGS PUBLICLY, AND REACH 2,400 UNDERGRADUATE STUDENTS. 65,096

THE UNIVERSITY OF TEXAS AT AUSTIN

PO BOX 7458
AUSTIN,TX78713 		  GOV TO INTEGRATE SUSTAINABILITY MORE BROADLY IN ENGINEERING COURSES THROUGH FACULTY TRAINING WORKSHOPS CENTERED AROUND THE ENGINEERING FOR ONE PLANET FRAMEWORK. 20,000

TIE OREGON FOUNDATION

PO BOX 25627
PORTLAND,OR97298 		  PC TO DEVELOP THE ENTREPRENEURIAL SPIRIT AND SKILLS IN OREGON HIGH SCHOOL STUDENTS THROUGH STRUCTURED EDUCATION, MENTORING, AND EXPERIENTIAL ACTIVITIES. 68,798

TIE OREGON FOUNDATION

PO BOX 25627
PORTLAND,OR97298 		  PC TO CONTINUE TIE YOUNG ENTREPRENEURS (TYE) PROGRAM AND EXPAND TIE OREGON'S EVALUATION EFFORTS. 120,181

TRUSTEES OF INDIANA UNIVERSITY

201 NORTH ROSE AVENUE
BLOOMINGTON,IN47405 		  GOV TO CONDUCT RESEARCH TO IDENTIFY THE CAPACITIES YOUTH NEED TO BE INVENTIVE PROBLEM-SOLVERS. 100,000

UNIVERSITY OF MARYLAND EASTERN SHORE

11868 COLLEGE BACKBONE RD
PRINCESS ANNE,MD21853 		  GOV TO IMPACT ALL ENGINEERING STUDENTS BY TRAINING ENGINEERING FACULTY TO INTEGRATE LEARNING OUTCOMES FROM THE ENGINEERING FOR ONE PLANET FRAMEWORK INTO MULTIPLE ENGINEERING SPECIALIZATIONS. 49,918

UNIVERSITY OF MARYLAND

COLLEGE PARK
COLLEGE PARK,MD20742 		  GOV TO FOSTER THE INTEGRATION OF ENGINEERING FOR ONE PLANET LEARNING OUTCOMES IN DIVERSE ENGINEERING COURSES AND PROGRAMS BY SUPPORTING FACULTY CURRICULAR DEVELOPMENT EFFORTS. 72,955

UNIVERSITY OF UTAH

201 PRESIDENTS CIRCLE
SALT LAKE CITY,UT84112 		  PC TO INTEGRATE LEARNING OUTCOMES FROM THE ENGINEERING FOR ONE PLANET FRAMEWORK IN 19 COURSES UNDER 10 FACULTY MEMBERS WITHIN FOUR ENGINEERING DEPARTMENTS TO POSITIVELY IMPACT APPROXIMATELY 850 STUDENTS AT THE UNIVERSITY OF UTAH. 10,000

VENTURE PARTNERS EDUCATION AND CAREER DEVELOPMENT

2355 STATE STREET SUITE 101
SALEM,OR97301 		  PC FOR GENERAL OPERATING SUPPORT. 88,000

VERTUELAB

PO BOX 212
PORTLAND,OR97207 		  PC FOR GENERAL OPERATING SUPPORT. 90,000

VILLANOVA UNIVERSITY

800 LANCASTER AVENUE
VILLANOVA,PA190851699 		  PC TO INCREASE ADOPTION OF THE ENGINEERING FOR ONE PLANET FRAMEWORK IN DIVERSE INSTITUTIONS BY DEVELOPING AND DELIVERING MODELS FOR FACULTY TRAINING AND DEVELOPING A FLEXIBLE MODEL FOR INSTITUTIONALIZATION. 75,000

VILLGRO INNOVATIONS FOUNDATION (FORMERLY KNOWN AS RURAL INNOVATIONS NETWORK

III FLOOR IITM RESEARCH PARK
KANAGAM ROAD TARAMANI
CHENNAI,TAMIL NADU600 113
IN 		  PC - EQUIVALENCY DET TO INCUBATE INVENTION-BASED ENTERPRISES, ADDRESS SYSTEMIC BARRIERS TO SCALE AND STRENGTHEN THE RESILIENCE OF THE INVENTION ECOSYSTEM IN INDIA. 360,884

WILLIAM MARSH RICE UNIVERSITY

6100 MAIN STREET MS 390 OSHMAN
ENGINEERING DESIGN KITCHEN 107
HOUSTON,TX77005 		  PC TO DESIGN AND BEGIN IMPLEMENTING A PROGRAM TO SUPPORT ADOPTION OF INVENTION EDUCATION IN SELECT KENYAN UNIVERSITIES AND TO IDENTIFY AND CONVENE A COMMUNITY OF STAKEHOLDERS THAT SHARE THE GOAL OF INCREASED CONTRIBUTION BY UNIVERSITIES TO KENYA'S INNOVATION SYSTEM. 150,000
Total .................................right arrow 3a 16,075,686
bApproved for future payment

ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY INC
415 NORTH CHARLES STREET
BALTIMORE,MD21201 		  PC TO SUPPORT THE RECOGNITION OF INNOVATIVE APPROACHES TO INTEGRATING SUSTAINABILITY IN ABET-ACCREDITED PROGRAMS AS PART OF THE ENGINEERING FOR ONE PLANET INITIATIVE. 30,000

AFRICAN CENTRE FOR TECHNOLOGY STUDIES
ICIPE DUDUVILLE CAMPUS KASARANI PO
BOX 45917 - 00100
NAIROBI   30410-00100
KE 		  PC - EQUIVALENCY DET TO SUPPORT THE STRENGTHENING OF COMMERCIALIZATION SYSTEMS IN KENYA TO INCREASE CAPACITY FOR LOCAL INNOVATION TO MEET SOCIAL AND ENVIRONMENTAL NEEDS RELATED TO THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS (SDGS). 49,155

AFRICAN VENTURE PHILANTHROPY ALLIANCE
59792 MUTHANGARI DR
NAIROBI   30410-00100
KE 		  PC - EQUIVALENCY DET TO SUPPORT THE MOBILIZATION OF INVESTMENT WITHIN SUB-SAHARAN AFRICAN COUNTRIES INTO ENTERPRISES OFFERING CLIMATE ADAPTATION SOLUTIONS FOR VULNERABLE POPULATIONS. 113,068

AMERICAN SOCIETY FOR ENGINEERING EDUCATION
1818 N STREET NW SUITE 600
WASHINGTON DC,DC20036 		  PC TO INTEGRATE ENGINEERING FOR ONE PLANET LEARNING OUTCOMES IN DIVERSE ENGINEERING COURSES AND PROGRAMS. 152,206

ART CENTER COLLEGE OF DESIGN
1700 LIDA ST
PASADENA,CA91103 		  PC TO SUPPORT THE DEVELOPMENT AND EMBEDDING OF AN EIGHT-TERM PROGRAM OF SUSTAINABILITY LEARNING WITHIN THE CORE PRODUCT DESIGN CURRICULUM OF ITS INDUSTRIAL DESIGN PROGRAM, AS WELL AS ITS ADAPTATION FOR RELATED COURSES TAUGHT THERE AND AT PASADENA CITY COLLEGE. 122,000

COLLABORATIVE FOR FRONTIER FINANCE
2707 N STREET NORTHWEST
WASHINGTON,DC20007 		  NC TO ASSESS THE FEASIBILITY OF AND DESIGN FOR A NEW INVESTMENT FACILITY INTENDED TO MOBILIZE MORE INVESTMENT WITHIN AFRICAN COUNTRIES INTO LOCAL ENTERPRISES DEVELOPING SOLUTIONS TO MEET THE NEEDS OF VULNERABLE, LOW-INCOME CONSUMERS. 35,261

DRONES DOING GOOD
NEUSTR 40 53545
LINZ AM RHEIN   53545
GM 		  NC TO (1) PROVIDE SUPPORT TO PILOT A PROGRAM IN WHICH THE GRANTEE WILL TEST HOW ITS DRONE HARDWARE CAN BE LEVERAGED BY LOCAL BUSINESSES IN KENYA WHO OFFER SERVICES TO SMALLHOLDER FARMERS, AN IMPOVERISHED AND UNDER-RESOURCED COMMUNITY, IN ORDER TO INCREASE YIELDS AND EARNINGS FOR SMALLHOLDER FARMERS, THEREBY REDUCING POVERTY AND INCREASING FOOD SECURITY (THE "PROJECT"), AND (2) HELP THE GRANTEE IDENTIFY AND SECURE ADDITIONAL SUPPORT FOR THE PROJECT FROM OTHER FUNDING SOURCES. 49,594

EDITORIAL PROJECTS IN EDUCATION INC
6935 ARLINGTON ROAD
BETHESDA,MD20814 		  PC TO SUPPORT THE DEVELOPMENT AND DISSEMINATION OF NEW EDUCATION RESEARCH FOCUSED ON IDENTIFYING THE NEEDS OF DIVERSE STUDENTS IN STEM AND INVENTION EDUCATION. 180,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED
257 PARK AVENUE SOUTH
NEW YORK,NY10010 		  PC TO SUPPORT METHANESAT, AN ORBITAL EYE IN THE SKY THAT COULD MONITOR INDUSTRIAL METHANE LEAKS ALL OVER THE PLANET. 300,000

GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC
3939 CAMPBELL AVE
ARLINGTON,VA22206 		  PC TO PROVIDE BLACK, NATIVE AMERICAN, AND LATINX YOUTH AN OPPORTUNITY TO ENGAGE WITH INVENTION EDUCATION, USING TEACHERS AS THE VEHICLE TO REACH THEM IN AN EQUITABLE AND INCLUSIVE MANNER. 100,000

IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION
CARE CORPORATE SERVICES COMPANY 251
LITTLE FALLS DRIVE
WILMINGTON,DE19808 		  PC SCALING INVENTION-BASED IMPACT IN DEVELOPING COUNTRIES THROUGH TRAINING, CAPACITY BUILDING AND PROVIDING SEED-FUNDING FOR IMPACT INCUBATORS IN THOSE ECOSYSTEMS. 115,000

KENNESAW STATE UNIVERSITY RESEARCH AND SERVICE FOUNDATION INC
1000 CHASTAIN ROAD NORTHWEST
KENNESAW,GA30144 		  PC TO SUPPORT INCREASED CAPACITY FOR ITS ENGINEERING STUDENTS AND FACULTY TO INTEGRATE MULTIPLE LEARNING OUTCOMES FROM ENGINEERING FOR ONE PLANET'S FRAMEWORK IN MULTIPLE CLASSES, MAJORS, DEPARTMENTS, AND SCHOOLS. 94,845

KENYA IMPACT INNOVATIONS FOUNDATION
BISHOP MAGUA BUILDING UNIT UG6
NGONG ROAD
NAIROBI   30410-00100
KE 		  NC TO SUPPORT BUSINESS INCUBATION ACTIVITIES, DEVELOP A PIPELINE OF INVENTION-BASED ENTERPRISES, AND STRENGTHEN AN INCLUSIVE INNOVATION ECOSYSTEM THAT WILL INCREASE ACCESS TO QUALITY HEALTHCARE AND OTHER BIOTECH INNOVATIONS IN EAST AFRICA. 750,000

LORDS EDUCATION & HEALTH SOCIETY
BUILDING NO 24 3RD FLOOR OKHLA
PHASE-III
NEW DELHI,DELHI110020
IN 		  PC - EQUIVALENCY DET TO DEVELOP AND PILOT A HEALTH INNOVATION UNIT WITHIN TWO INDIAN STATES AND EVALUATE WHETHER THIS REDUCES BARRIERS FOR THE PUBLIC HEALTH SYSTEM TO ADOPT INNOVATIONS. 5,000

MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE BUILDING
E-38-104
CAMBRIDGE,MA02139 		  PC TO SEEK TO DEVELOP THE NEXT GENERATION OF INVENTORS, WITH A FOCUS ON DIVERSITY, EQUITY, AND INCLUSION, AND SPECIFICALLY TO EXPAND INCLUSIVE OPPORTUNITIES FOR ALL PEOPLE TO LEARN TO INVENT, PROTECT THEIR INTELLECTUAL PROPERTY, AND BRING CREATIONS TO INTENDED BENEFICIARIES; ADVANCE INVENTION EDUCATION AS A FIELD OF STUDY THROUGH SCHOLARLY RESEARCH THAT INFORMS POLICIES AND PRACTICES; AND EXPAND SUPPORT FOR INVENTORS AND INVENTION EDUCATION EDUCATORS WITHIN LOCAL COMMUNITIES THROUGH NEW POLICIES, PROGRAMS, COLLABORATIVE EFFORTS, AND CELEBRATORY EVENTS. 3,450,000

NATIONAL PUBLIC RADIO INC
1111 NORTH CAPITOL ST NE
WASHINGTON,DC20002 		  PC TO PROVIDE GENERAL OPERATING SUPPORT. 250,000

NATIONAL SCIENCE FOUNDATION
2415 EISENHOWER AVENUE
ALEXANDRIA,VA22314 		  GOV TO SUPPORT THE EXPANSION OF ENGINEERING EDUCATION PROJECTS AT HIGHER EDUCATION INSTITUTIONS SELECTED BY THE RESEARCH IN THE FORMATION OF ENGINEERS PROGRAM IN ORDER TO AMPLIFY THE INTEGRATION OF SUSTAINABILITY ACROSS ENGINEERING PROGRAMS NATIONALLY. 2,650,000

OREGON STATE UNIVERSITY FOUNDATION
4238 SW RESEARCH WAY
CORVALLIS,OR973331068 		  PC TO SUPPORT IN-SCHOOL INVENTION EDUCATION PROGRAMS, SUMMER CAMPS, AND SUPPLEMENTAL PROGRAMS IN RURAL COMMUNITIES IN OREGON. 304,500

PORTLAND STATE UNIVERSITY FOUNDATION
BOX 243
PORTLAND,OR97207 		  PC TO SUPPORT A STATEWIDE COLLEGIATE INVENTION COMPETITION IN OREGON. 833,045

REGENTS OF THE UNIVERSITY OF MICHIGAN
4901 EVERGREEN ROAD
DEARBORN,MI48128 		  PC TO INTEGRATE SUSTAINABILITY INTO MULTIPLE ENGINEERING COURSES AND PROGRAMS AS PART OF THE ENGINEERING FOR ONE PLANET INITIATIVE THROUGH PROJECT-BASED LEARNING. 117,491

ROCHESTER INSTITUTE OF TECHNOLOGY
116 LOMB MEMORIAL DRIVE 01-2115
ROCHESTER,NY146235603 		  PC TO SUPPORT THE INTEGRATION OF PRINCIPLES OF ENVIRONMENTAL AND SOCIAL SUSTAINABILITY INTO HIGHER EDUCATION ENGINEERING CURRICULA AT RIT AND CALIFORNIA STATE UNIVERSITY, FRESNO, USING THROUGH THE ENGINEERING FOR ONE PLANET FRAMEWORK. 64,083

ROCKY MOUNTAIN INSTITUTE
2490 JUNCTION PLACE SUITE 200
BOULDER,CO80301 		  PC TO SUPPORT THE ACCELERATION OF INDUSTRIAL DECARBONIZATION BY SOURCING, SELECTING, SUPPORTING, AND SCALING CLIMATE TECH STARTUPS THROUGH ITS THIRD DERIVATIVE (D3) AND CLIMATE-ALIGNED INDUSTRIES (CAI) PROGRAMS. 1,000,000

SELCO FOUNDATION
690 FIRST FLOOR 100FT RING ROAD
15TH CROSS 2ND PHASE JP NAGAR
BANGALORE,KARNATAKA560078
IN 		  PC - EQUIVALENCY DET TO SET UP A ROBUST CLIMATE FOCUSED, INCLUSIVE TECHNOLOGY INNOVATION AND INCUBATION PROGRAM AND KNOWLEDGE CENTER. 395,740

SMITHSONIAN INSTITUTE
NATIONAL MUSEUM OF AMERICAN HISTORY
BEHRING CENTER 14TH STREET AND CONS
WASHINGTON,DC20560 		  PC TO SUPPORT THE INSTALLATION OF A NEW EXHIBITION, CHANGE YOUR GAME, AND TO DEVELOP EDUCATION OUTREACH PROGRAMS 150,000

SOCIETY FOR SCIENCE AND THE PUBLIC
1719 N STREET NW
WASHINGTON,DC20036 		  PC TO SUPPORT A MULTI-POINT ENGAGEMENT STRATEGY WITH MIDDLE SCHOOLERS TO INSPIRE AND EDUCATE THEM THROUGH SCIENCE FAIRS HELD ACROSS THE COUNTRY. 450,000

STEM NEXT OPPORTUNITY FUND
2305 HISTORIC DECATUR RD SUITE 100
SAN DIEGO,CA92106 		  PC TO SUPPORT THE PLACEMENT OF SENIOR POLICY FELLOWS IN FEDERAL GOVERNMENT AGENCIES TO ADVANCE STEM, INVENTION, AND EQUITY AT THE FEDERAL LEVEL. 125,000

SUSTAINABLE ENERGY FOR ALL VEREIN FUR NACHHALTIGE ENERGIE
6 DONAU-CITY-STRAE
WIEN   1220
AU 		  PC - EQUIVALENCY DET TO PROVIDE GENERAL OPERATING SUPPORT. 500,000

THE ASME FOUNDATION INC
TWO PARK AVENUE
NEW YORK,NY100165990 		  PC TO SUPPORT THE ASME ISHOW PROTOTYPE ACCELERATOR COMPETITION IN INDIA, KENYA, AND THE U.S., AS WELL AS EFFORTS TO PILOT MODELS FOR STRENGTHENING REGIONAL ECOSYSTEMS. 260,000

THE ASPEN INSTITUTE INC
2300 N ST NW
WASHINGTON,DC20037 		  PC TO BUILD CAPACITY RELATED TO CLIMATE CHANGE EXPERTISE SO THAT ANDE CAN SUPPORT CLIMATE ENTREPRENEURS AND ADVOCATE ON THEIR BEHALF. 19,977

THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
DEPARTMENT OF BIOENGINEERING 318
CAMPUS DRIVE CLARK CENTER ROOM E-10
STANFORD,CA943055428 		  PC TO SUPPORT HEALTH INNOVATORS, FACILITATE NETWORK CONNECTIONS, AND ADVISE NHA TO REDUCE BARRIERS TO ADOPTING INNOVATION IN INDIA'S PUBLIC HEALTH SYSTEM. 10,000

THE EDISON INSTITUTE INC
20900 OAKWOOD BLVD
DEARBORN,MI48124 		  PC TO SUPPORT INTEGRATION OF JUSTICE, EQUITY, DIVERSITY, AND INCLUSION INTO ITS INVENTION EDUCATION WORK, AND TO SUSTAIN A NATIONAL NETWORK OF INVENTION CONVENTION AFFILIATE PROGRAMS. 205,907

THE UNIVERSITY OF TEXAS AT ARLINGTON
416 YATES ST SUITE 425 DEPT OF
CIVIL ENGINEERING
ARLINGTON,TX76010 		  GOV TO SUPPORT HIGHER EDUCATION ENGINEERING FACULTY TO INTEGRATE LEARNING OUTCOMES FROM THE ENGINEERING FOR ONE PLANET FRAMEWORK INTO THEIR CURRICULA AND TO SHARE THEIR RESEARCH FINDINGS PUBLICLY. 134,894

TIE OREGON FOUNDATION
PO BOX 25627
PORTLAND,OR97298 		  PC TO DEVELOP THE ENTREPRENEURIAL SPIRIT AND SKILLS IN OREGON HIGH SCHOOL STUDENTS THROUGH STRUCTURED EDUCATION, MENTORING, AND EXPERIENTIAL ACTIVITIES. 286,173

UNIVERSITY OF MARYLAND EASTERN SHORE
11868 COLLEGE BACKBONE RD
COLLEGE PARK,MD20742 		  GOV TO FOSTER THE INTEGRATION OF ENGINEERING FOR ONE PLANET LEARNING OUTCOMES IN DIVERSE ENGINEERING COURSES AND PROGRAMS BY SUPPORTING FACULTY CURRICULAR DEVELOPMENT EFFORTS. 49,918

UNIVERSITY OF PUERTO RICO MAYAGUEZ
259 BOULEVARD ALFONSO VALDEZ
MAYAGUEZ   00681
RQ 		  GOV TO CREATE A PLATFORM OF SUSTAINABILITY TEACHING MATERIALS, DEVELOP MODULES FOR INTEGRATING SUSTAINABILITY INTO MULTIPLE ENGINEERING DISCIPLINES AND MODIFY EXISTING ENGINEERING COURSES WITH SUSTAINABILITY CONTENT. 29,000

UNIVERSITY OF UTAH
201 PRESIDENTS CIRCLE
SALT LAKE CITY,UT84112 		  PC TO INTEGRATE LEARNING OUTCOMES FROM THE ENGINEERING FOR ONE PLANET FRAMEWORK IN COURSES WITHIN FOUR ENGINEERING DEPARTMENTS. 10,000

VILLANOVA UNIVERSITY
800 LANCASTER AVENUE
VILLANOVA,PA190851699 		  PC TO SUPPORT THE INCREASED ADOPTION OF THE ENGINEERING FOR ONE PLANET FRAMEWORK BY DEVELOPING AND DELIVERING MODELS FOR FACULTY TRAINING AND DEVELOPING A FLEXIBLE MODEL FOR INSTITUTIONALIZATION. 125,000

VILLGRO INNOVATIONS FOUNDATION (FORMERLY KNOWN AS RURAL INNOVATIONS NETWORK
III FLOOR IITM RESEARCH PARK
KANAGAM ROAD TARAMANI
CHENNAI,TAMIL NADU600 113
IN 		  PC - EQUIVALENCY DET TO INCUBATE INVENTION-BASED ENTERPRISES, ADDRESS SYSTEMIC BARRIERS TO SCALE AND STRENGTHEN THE RESILIENCE OF THE INVENTION ECOSYSTEM IN INDIA. 665,066
Total ................................. right arrow 3b 14,181,923
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aPRI INVESTMENT INCOME         327,000
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,508,105  
4 Dividends and interest from securities ....     14 2,670,992 2,702
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 924,275  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 549,641  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFOREIGN CURRENCY GAIN/(LOSS) 		    01 -4,855  
bGRANT REFUNDS         2,142
cSTATE INCOME TAX REFUND 901101 203      
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 203 5,648,158 331,844
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,980,205
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-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 RETURN OF PRIOR QUALIFYING DISTRIBUTIONS
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
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)
 
No
(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
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? ...........
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX AND ACCOUNTING FEES 157,159 39,290 0 111,424

TY 2023 AllOthProgRltdInvestmentsSch
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category Amount
THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN MENTERRA SOCIAL IMPACT FUND 1. THE INVESTMENT WILL BE USED FOR EARLY-STAGE, INVENTION-LED ENTERPRISES WITH A FOCUS ON SOCIAL IMPACT IN INDIA, THROUGH PRODUCT INNOVATION, TARGETING THE EDUCATION, HEALTHCARE, ENERGY, AND AGRICULTURE SECTORS. 80,000
THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN MENTERRA SOCIAL IMPACT FUND II. THE INVESTMENT WILL BE USED FOR EARLY-STAGE, INVENTION-LED ENTERPRISES WITH A FOCUS ON SOCIAL IMPACT IN INDIA, THROUGH PRODUCT INNOVATION, TARGETING THE EDUCATION, HEALTHCARE, ENERGY, AND AGRICULTURE SECTORS. 57,646
THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN VILCAP INVESTMENTS, LLC. THE INVESTMENT WILL BE USED TO ENABLE THE VILCAP FUND TO INVEST IN INVENTION-BASED ENTERPRISES WITH A FOCUS ON SOLVING THE WORLD'S MOST PRESSING PROBLEMS IN AGRICULTURE, EDUCATION, ENERGY, FINANCIAL SERVICES. 34,727

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
ANKUR CAPITAL
  		UNIT 5 JETHA COMPOUND BYCULLA E
MUMBAI   400027
IN 		2016-07-27 1,000,000 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 ANKUR 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. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN THE ANKUR FUND. 1,000,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 6/17, 7/18, 2/19, 7/19, 6/20, 7/20, 7/21, 6/22, 7/22, 3/23, 9/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED DISTRIBUTIONS FROM THE ANKUR FUND IN THE AGGREGATE AMOUNT OF $87,594, LEAVING A REMAINING BALANCE OF $912,406.
COLLABORATIVE FOR FRONTIER FINANCE
  		2707 N STREET NORTHWEST
WASHINGTON,DC20007 		2023-09-15 100,000 TO ASSESS THE FEASIBILITY OF AND DESIGN FOR A NEW INVESTMENT FACILITY INTENDED TO MOBILIZE MORE INVESTMENT WITHIN AFRICAN COUNTRIES INTO LOCAL ENTERPRISES DEVELOPING SOLUTIONS TO MEET THE NEEDS OF VULNERABLE, LOW-INCOME CONSUMERS. 36,468 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 1/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
DRONES DOING GOOD ALLIANCE
  		NEUSTR 40 53545
LINZ AM RHEIN   53545
GM 		2023-07-06 50,000 TO (1) PROVIDE SUPPORT TO PILOT A PROGRAM IN WHICH THE GRANTEE WILL TEST HOW ITS DRONE HARDWARE CAN BE LEVERAGED BY LOCAL BUSINESSES IN KENYA WHO OFFER SERVICES TO SMALLHOLDER FARMERS, AN IMPOVERISHED AND UNDER-RESOURCED COMMUNITY, IN ORDER TO INCREASE YIELDS AND EARNINGS FOR SMALLHOLDER FARMERS, THEREBY REDUCING POVERTY AND INCREASING FOOD SECURITY (THE "PROJECT"), AND (2) HELP THE GRANTEE IDENTIFY AND SECURE ADDITIONAL SUPPORT FOR THE PROJECT FROM OTHER FUNDING SOURCES. 20,437 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 5/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
JAZA RIFT VENTURES GP LLC
  		1533 SICILY DR
LONGMONT,CO80503 		2022-06-01 1,000,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO JAZA RIFT VENTURES GP LLC ("JAZA"). THE PURPOSE OF THE LOAN IS TO ENABLE JAZA TO INVEST IN EARLY-STAGE INVENTION- AND INNOVATION-BASED BUSINESSES FOCUSED ON IMPROVING ACCESS TO AFFORDABLE HEALTHCARE IN AFRICA AND IMPROVING THE HEALTH OF POPULATIONS IN AFRICA. THE PROMISSORY NOTE FROM JAZA TO THE FOUNDATION REMAINS OUTSTANDING. 1,000,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 12/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
JOLTSEED419
  		22830 TWO RIVERS ROAD
BASALT,CO81624 		2021-12-13 1,015,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN JOLT.SEED419 ("JOLT.SEED") IN THE FORM OF PURCHASING AN EQUITY INTEREST IN JOLT.SEED. THE PURPOSE OF THE INVESTMENT IS TO INCREASE INVESTMENTS IN COHORT COMPANIES OF THE THIRD DERIVATIVE ACCELERATOR PROGRAM THAT IS OPERATED BY ROCKY MOUNTAIN INSTITUTE ("RMI"), WHICH IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; BY INVESTING IN THESE COHORT COMPANIES, MORE EARLY-STAGE COMPANIES THAT OTHERWISE WOULD HAVE DIFFICULTY ACCESSING FINANCIAL SUPPORT FROM TRADITIONAL COMMERCIAL SOURCES WILL HAVE ACCESS TO CAPITAL AND WILL HAVE SIGNIFICANT POTENTIAL, AS DETERMINED BY RMI, TO COMBAT AND MEANINGFULLY IMPACT THE ADVERSE EFFECTS OF CLIMATE CHANGE. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN JOLT.SEED. 1,015,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 7/22, 3/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
KENYA CLIMATE INNOVATION CENTER
  		PO BOX 49162-00100 STRATHMORE
BUSINESS SCHOOL OLE
NAIROBI   30410-00100
KE 		2019-08-12 1,844,618 TO SUPPORT THE OPERATIONS OF A PROTOTYPING AND MANUFACTURING SPACE AND TRAINING ENGINEERS AND FABRICATORS TO ADDRESS A TALENT GAP IN KENYA. 1,844,618 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/20, 10/20, 3/21, 7/21, 8/21, 7/22, 10/22, 3/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: THE GRANT WAS AMENDED ON JULY 21, 2021 WITH AN ADDITIONAL 576,261 IN FUNDS.
KENYA IMPACT INNOVATIONS FOUNDATION
  		5TH FLOOR STRATHMORE STUDENT CENTRE
KERI ROAD
NAIROBI   30410-00100
KE 		2019-10-16 1,450,762 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. 1,450,762 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 5/20, 11/20, 5/21, 4/22, 5/22, 4/23, 1/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: THE GRANT WAS AMENDED ON NOVEMBER 21,2022 WITH AN ADDITIONAL 50,780 OF FUNDS CARRIED OVER FROM A PREVIOUS UNEXPENDED GRANT.
KENYA IMPACT INNOVATIONS FOUNDATION
  		5TH FLOOR STRATHMORE STUDENT CENTRE
KERI ROAD
NAIROBI   30410-00100
KE 		2022-11-04 750,000 TO SUPPORT BUSINESS INCUBATION ACTIVITIES, DEVELOP A PIPELINE OF INVENTION-BASED ENTERPRISES, AND STRENGTHEN AN INCLUSIVE INNOVATION ECOSYSTEM THAT WILL INCREASE ACCESS TO QUALITY HEALTHCARE AND OTHER BIOTECH INNOVATIONS IN EAST AFRICA. 517,943 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/23, 5/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
MENTERRA SOCIAL IMPACT FUND I
  		638 7TH CROSS 11TH MAIN HAL STAGE
II INDIRA NA
BANGALORE   560038
IN 		2017-10-02 1,940,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN MENTERRA SOCIAL IMPACT FUND 1, AN INDIAN ALTERNATIVE INVESTMENT FUND - SOCIAL VENTURE FUND (THE "MENTERRA FUND"), IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE MENTERRA FUND. THE FOUNDATION'S INVESTMENT IN THE MENTERRA FUND WILL BE USED FOR INVESTMENT IN EARLY-STAGE, INVENTION-LED ENTERPRISES WITH A FOCUS ON SOCIAL IMPACT IN INDIA, THROUGH PRODUCT INNOVATION, TARGETING THE EDUCATION, HEALTHCARE, ENERGY, AND AGRICULTURE SECTORS. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN THE MENTERRA FUND. 1,940,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 7/18, 8/18, 11/19, 2/20, 8/20, 9/21, 7/22, 10/22, 2/23, 8/23, 10/23, 2/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: IN 2023, THE FOUNDATION MADE ADDITIONAL PAYMENTS TO THE MENTERRA FUND TOTALING $80,000, PURSUANT TO CAPITAL CALLS FROM THE MENTERRA FUND (WHICH IS REFLECTED ABOVE IN THE TOTAL GRANT AMOUNT). AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED DISTRIBUTIONS FROM THE MENTERRA FUND IN THE AGGREGATE AMOUNT OF $321,268.87, LEAVING A REMAINING BALANCE OF $1,618,731.CONTINUATION DATES OF REPORTS BY GRANTEE: 12/17, 2/18, 5/18
MENTERRA SOCIAL IMPACT FUND II
  		638 7TH CROSS 11TH MAIN HAL STAGE
II INDIRA NA
BANGALORE   560038
IN 		2022-11-14 148,140 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN MENTERRA SOCIAL IMPACT FUND II, AN INDIAN ALTERNATIVE INVESTMENT FUND - SOCIAL VENTURE FUND (THE "MENTERRA FUND II"), IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE MENTERRA FUND II. THE FOUNDATION'S INVESTMENT IN THE MENTERRA FUND II WILL BE USED FOR INVESTMENT IN EARLY-STAGE, INVENTION-LED ENTERPRISES WITH A FOCUS ON SOCIAL IMPACT IN INDIA, THROUGH PRODUCT INNOVATION, TARGETING THE EDUCATION, HEALTHCARE, ENERGY, AND AGRICULTURE SECTORS. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN THE MENTERRA FUND II. 148,140 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 5/23, 1/24, 2/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: IN 2023, THE FOUNDATION MADE ADDITIONAL PAYMENTS TO THE MENTERRA FUND II TOTALING $57,646, PURSUANT TO CAPITAL CALLS FROM THE MENTERRA FUND II (WHICH IS REFLECTED ABOVE IN THE TOTAL GRANT AMOUNT).
NANTSOUND INC (FORMERLY CONVERSION SOUND LLC)
  		7641 TERRACE DRIVE
EL CERRITO,CA94530 		2009-07-01 100,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN CONVERSION SOUND, LLC (THE "LLC"), BY PURCHASING LIMITED LIABILITY COMPANY UNITS OF THE LLC IN ORDER TO PROVIDE THE LLC WITH WORKING CAPITAL TO FUND HARDWARE AND SOFTWARE ENGINEERING NECESSARY TO BUILD A PRODUCTION-READY PROTOTYPE OF A LOW-COST HEARING AID. IN 2010, THE LLC CONVERTED FROM A LIMITED LIABILITY COMPANY TO A C CORPORATION, AND IS NOW KNOWN AS NANTSOUND INC. (THE "CORPORATION"). IN EXCHANGE FOR ITS LIMITED LIABILITY COMPANY UNITS IN THE LLC, THE FOUNDATION RECEIVED SHARES OF THE CORPORATION AT THE TIME OF THE CONVERSION. THE FOUNDATION CONTINUES TO OWN THE SHARES OF THE CORPORATION. 100,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/14, 4/15, 5/16, 9/16, 2/17, 2/18, 2/19, 6/19, 2/20, 2/21, 5/21, 3/23, 2/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. CONTINUATION DATES OF REPORTS BY GRANTEE: 7/10, 4/11, 9/12, 4/13
PRIME COALITION INC
  		625 MASSACHUSETTS AVENUE 2ND FLOOR
CAMBRIDGE,MA02139 		2021-06-01 2,000,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO PRIME COALITION, INC. ("PRIME"), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE LOAN IS TO ENABLE PRIME TO CONTRIBUTE THE FOUNDATION'S LOAN PROCEEDS TO AZOLLA VENTURES CATALYTIC FUND I, LP, WHICH IN TURN SHALL INVEST IN COMPANIES THAT HAVE (1), IN PRIME'S DETERMINATION, THE POTENTIAL FOR GIGATON-SCALE CO-2 EQUIVALENT EMISSIONS REDUCTION BY 2050; (2) A HIGH POTENTIAL FOR ACHIEVING COMMERCIAL SUCCESS AT SCALE; AND (3), IN PRIME'S DETERMINATION, A COMPELLING CASE FOR "ADDITIONALITY," MEANING THAT THE INVESTEE'S CLIMATE IMPACT POTENTIAL IS ENDANGERED BY (I) A LACK OF INITIAL FUNDING, (II) PUNITIVE TERMS FROM OTHER INVESTORS THAT MAY DAMAGE THE INVESTEE, OR (III) INVESTORS WHO ARE NOT ABLE TO PRIORITIZE GIGATON-SCALE EMISSIONS REDUCTION. THE PROMISSORY NOTE FROM PRIME TO THE FOUNDATION REMAINS OUTSTANDING. 2,000,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 7/22, 3/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE.
PROMETHEAN POWER SYSTEMS INC
  		28 DANE STREET
BOSTON,MA02143 		2015-03-25 98,500 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT LOAN TO PROMETHEAN POWER SYSTEMS, INC., FOR CASH FLOW SUPPORT FOR EFFORTS TO REACH SMALL DAIRIES AND DAIRY FARMERS IN ORDER TO COMMISSION NEW MILK CHILLERS IN RURAL INDIA, MAINTAIN MILK CHILLERS IN THE FIELD, AND THE ASSOCIATED EXPENSES OF ENSURING FARMERS ARE TRAINED WHICH WILL IMPROVE THE LIVELIHOODS FOR DAIRY FARMERS WITH LIMITED INCOMES, CREATE "WEALTH," IMPROVE ANIMAL HUSBANDRY PRACTICES, AND REDUCE THE INCIDENCE OF MILK-BORNE DISEASE TRANSMITTED BY SPOILED MILK. THE PROMISSORY NOTE FROM PROMETHEAN POWER SYSTEMS, INC., TO THE FOUNDATION REMAINS OUTSTANDING. 98,500 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/16, 5/17, 4/19, 11/20, 9/21, 8/22, *   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED LOAN REPAYMENTS FROM THE GRANTEE IN THE AGGREGATE AMOUNT OF $1,500 LEAVING A REMAINING BALANCE OF $98,500.*ALTHOUGH THE GRANTEE HAS NOT PROVIDED THE REQUIRED 2023 REPORT, THE FOUNDATION HAS BEEN IN CONTACT WITH THE GRANTEE AND IS EXPECTING TO RECEIVE ALL OUTSTANDING REPORTS BY THE END OF 2024; NO FURTHER PAYMENTS WILL BE MADE TO THIS GRANTEE UNLESS AND UNTIL ALL REQUIRED REPORTS ARE RECEIVED.
SELCO SOLAR LIGHT PVT LTD
  		742 15TH CROSS 6TH PHASE JP NAGAR
BANGALORE   560 078
IN 		2008-12-23 350,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN SELCO SOLAR LIGHT PVT. LTD ("SELCO") BY PURCHASING EQUITY SHARES OF SELCO, THE PROCEEDS OF WHICH ARE TO BE USED BY SELCO TO PROVIDE RELIABLE ENERGY SERVICES TO 200,000 HOUSEHOLDS IN A SUSTAINABLE WAY AND HELPS CREATE MODELS FOR POVERTY ALLEVIATION THROUGH COMMERCIAL CHANNELS. THE FULL AMOUNT OF THE PROCEEDS FROM THE FOUNDATION'S INVESTMENT IS BEING USED FOR THE PURPOSES OF THE FOUNDATION'S INVESTMENT. THE FOUNDATION CONTINUES TO OWN THE EQUITY SHARES OF SELCO. 350,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/11, 7/12, 8/13, 8/14, 8/15, 9/16, 8/17, 8/18, 8/19, 11/20, 7/22, 3/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. CONTINUATION DATES OF REPORTS BY GRANTEE: 7/09, 7/10, 7/11
SELCO SOLAR LIGHT PVT LTD
  		742 15TH CROSS 6TH PHASE JP NAGAR
BANGALORE   560 078
IN 		2009-06-16 250,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN SELCO SOLAR LIGHT PVT. LTD. ("SELCO") INITIALLY BY PROVIDING A LOAN TO SELCO (THE "LOAN") FOR SELCO TO USE TO FUND A PROJECT TO REACH 200,000 HOUSEHOLDS WITH SOLUTIONS FOR THEIR ENERGY REQUIREMENTS, THEREBY IMPROVING THEIR STANDARD OF LIVING. ON 6/17/2011, THE LOAN WAS SATISFIED IN FULL WITH THE ISSUANCE OF ADDITIONAL EQUITY SHARES IN SELCO TO THE FOUNDATION (HELD BY THE FOUNDATION AS A PROGRAM-RELATED INVESTMENT), THE PROCEEDS OF WHICH ARE TO BE USED BY SELCO FOR THE SAME PURPOSES AS THE LOAN. THE FOUNDATION CONTINUES TO OWN THE EQUITY SHARES OF SELCO. 250,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 7/12, 7/13, 8/13, 8/14, 8/15, 9/16, 8/17, 8/18, 8/19, 11/20, 7/22, 3/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. CONTINUATION DATES OF REPORTS BY GRANTEE: 7/10, 5/11, 8/11
TEAMFUND LP
  		440 PARK AVE S 3
NEW YORK,NY10016 		2018-10-10 1,366,667 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE FORM OF PURCHASING AN EQUITY INTEREST IN TEAMFUND, LP ("TEAMFUND"), THE GENERAL PARTNER OF WHICH IS A WHOLLY-OWNED SUBSIDIARY OF TEAMFUND, INC. (WHICH IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE). THE FOUNDATION'S INVESTMENT IN TEAMFUND WILL BE USED TO IMPROVE THE LIVES OF LOW-RESOURCE, UNDERSERVED POPULATIONS IN DEVELOPING COUNTRIES BY INCREASING ACCESS TO AFFORDABLE, APPROPRIATE, AND SUSTAINABLE MEDICAL TECHNOLOGIES THAT EFFECTIVELY ADDRESS PRIORITY UNMET CLINICAL NEEDS. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN TEAMFUND. 1,366,667 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/19, 4/19, 5/20, 11/20, 4/21, 11/21, 8/22, 3/23, 4/23, 1/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: IN 2023, THE FOUNDATION MADE ADDITIONAL PAYMENTS TO THE TEAMFUND TOTALING $200,000, PURSUANT TO CAPITAL CALLS FROM TEAMFUND (WHICH IS REFLECTED ABOVE IN THE TOTAL GRANT AMOUNT).
UNITUS SEED FUND LP
  		220 2ND AVENUE SUITE 201
SEATTLE,WA98104 		2014-10-23 980,000 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN UNITUS SEED FUND, LP, A CAYMAN ISLANDS EXEMPTED LIMITED PARTNERSHIP (THE "FUND"), IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE FUND. THE FOUNDATIONS INVESTMENT IN THE FUND WILL BE USED FOR INVESTMENT IN BUSINESSES THAT SERVE LARGE, UNDERSERVED, BASE-OF-THE-ECONOMIC-PYRAMID POPULATIONS, TO DELIVER BENEFITS SUCH AS IMPROVED INCOME LEVELS, IMPROVED EDUCATION OUTCOMES, AND IMPROVED ACCESS TO AFFORDABLE, QUALITY PRODUCTS AND SERVICES. THE FOUNDATION CONTINUES TO OWN ITS LIMITED PARTNERSHIP INTERESTS IN THE FUND. 980,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/15, 8/15, 5/16, 3/17, 3/18, 6/18, 5/19, 4/20, 8/20, 7/21, 5/22, 3/23   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED DISTRIBUTIONS FROM THE FUND IN THE AGGREGATE AMOUNT OF $182,207 LEAVING A REMAINING BALANCE OF $797,793.
VENTUREAST FUND ADVISORS (INDIA) PRIVATE LIMITEDVENTUREAST TENET II FUND
  		5B RAMACHANDRA AVE SEETHAMMAL
COLONY FIRST MAIN
CHENNAI   600 018
IN 		2012-06-26 886,446 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN THE VENTUREAST TENET II FUND (THE "TENET II FUND"), AN INDIAN VENTURE CAPITAL FUND FOCUSED ON DEVELOPING TECHNOLOGY COMPANIES TO ADDRESS THE NEEDS OF PEOPLE IN RURAL INDIA, IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE TENET II FUND. THE FOUNDATION'S INVESTMENT WILL SPECIFICALLY DRIVE INVESTMENTS IN COMPANIES BENEFITING PEOPLE LIVING IN POVERTY. THE FULL AMOUNT OF THE PROCEEDS FROM THE FOUNDATION'S INVESTMENT IS BEING USED FOR THE PURPOSES OF THE FOUNDATION'S INVESTMENT. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTEREST IN THE TENET II FUND. 886,446 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 6/13, 8/14, 8/15, 9/16, 8/17, 8/18, 12/19, 2/21, 1/22, *   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED DISTRIBUTIONS FROM THE TENET II FUND IN THE AGGREGATE AMOUNT OF $445,245, LEAVING A REMAINING BALANCE OF $441,201.*ALTHOUGH THE GRANTEE HAS NOT PROVIDED THE REQUIRED 2023 REPORT, THE FOUNDATION HAS BEEN IN CONTACT WITH THE GRANTEE AND IS EXPECTING TO RECEIVE ALL OUTSTANDING REPORTS BY THE END OF 2024; NO FURTHER PAYMENTS WILL BE MADE TO THIS GRANTEE UNLESS AND UNTIL ALL REQUIRED REPORTS ARE RECEIVED.
VILCAP INVESTMENTS LLC
  		212 SUTTER STREET 2ND FLOOR
SAN FRANCISCO,CA94108 		2016-07-06 947,101 THE FOUNDATION MADE A PROGRAM-RELATED INVESTMENT IN VILCAP INVESTMENTS, LLC (THE "VILCAP FUND"), IN THE FORM OF PURCHASING AN EQUITY INTEREST IN THE VILCAP FUND. THE FOUNDATION'S INVESTMENT IN THE VILCAP FUND WILL BE USED TO ENABLE THE VILCAP FUND TO INVEST IN INVENTION-BASED ENTERPRISES WITH A FOCUS ON SOLVING THE WORLD'S MOST PRESSING PROBLEMS IN AGRICULTURE, EDUCATION, ENERGY, FINANCIAL SERVICES. THE FOUNDATION CONTINUES TO OWN ITS EQUITY INTERESTS IN THE VILCAP FUND. 947,101 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 5/17, 4/19, 5/19, 3/20, 8/20, 8/21, 12/21, 9/22, 3/23, 7/23, 2/24   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. OTHER: AS OF 12/31/2023, THE FOUNDATION HAS RECEIVED DISTRIBUTIONS IN EXCESS OF THE AGGREGATE AMOUNT OF THE FOUNDATION'S INVESTMENT IN THE VILCAP FUND.

TY 2023 GeneralExplanationAttachment
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Identifier Return Reference Explanation
PAGE 6, PART VI-B, LINE 5(D) EXPENDITURE RESPONSIBILITY STATEMENTS IT IS THE FOUNDATION'S POLICY THAT NO FURTHER PAYMENTS WILL BE MADE TO ANY GRANTEE UNTIL ALL OUTSTANDING REPORTS ARE RECEIVED. THE FOUNDATION HAS DETERMINED THAT FOR THOSE GRANTEES NO LONGER IN EXISTENCE AND WHO HAVE NOT PROVIDED TIMELY REPORTS, FURTHER ACTIONS WITH RESPECT TO THE GRANTS WOULD BE FUTILE. IN OTHER CASES, THE FOUNDATION HAS MADE REASONABLE EFFORTS TO NOTIFY THE GRANTEES THAT THEY ARE IN VIOLATION OF THEIR GRANT AGREEMENTS AND THAT GRANT FUNDS ARE REQUIRED TO BE RETURNED TO THE FOUNDATION. IN THOSE CASES, THE FOUNDATION HAS ALSO MADE REASONABLE ADDITIONAL INQUIRIES WITH RESPECT TO THE RETURN OF THE GRANT FUNDS AND HAS BEEN UNABLE AS OF YET TO SECURE SUCH RETURN. THE FOUNDATION HAS DETERMINED THAT LEGAL ACTION WITH RESPECT TO THESE GRANT FUNDS WOULD IN ALL PROBABILITY NOT RESULT IN THE SATISFACTION OF EXECUTION ON A JUDGMENT, AND THAT THE EXPENSE OF LEGAL ACTION WOULD NOT BE JUSTIFIED BY THE LIKELY RESULTS. FOR EACH GRANTEE WITH DELINQUENT REPORTS, EXPENDITURE RESPONSIBILITY STATEMENTS ARE INCLUDED IN THE FOUNDATION'S FORM 990-PF FOR THE YEAR OF EACH INITIAL GRANT PAYMENT THROUGH THE LAST YEAR IN WHICH ANY REPORT IS RECEIVED, AND THREE SUBSEQUENT YEARS. THEREAFTER, SUCH GRANTEES ARE EXCLUDED FROM THE FORM 990-PF AND FURTHER PAYMENTS WILL NOT BE MADE TO SUCH GRANTEES. NO GRANTEES QUALIFIED FOR THE EXCLUSION IN 2023.DEFINITIONS OF TERMS USED IN THE EXPENDITURE RESPONSIBILITY STATEMENTS: "GRANT AMOUNT" = TOTAL PAYMENTS MADE ON THE GRANT TO THE GRANTEE THROUGH THE END OF THE REPORTING DATE ON THE FORM 990-PF. "DATE OF GRANT" = THE DATE OF THE INITIAL GRANT PAYMENT. "VERIFICATION DATE" = THE DATE OF ANY INDEPENDENT VERIFICATION OF A GRANT REPORT. THE FIELD IS BLANK IF NO INDEPENDENT VERIFICATION OF ANY REPORTS FROM THE GRANTEE WAS MADE AS A RESULT OF THE FOUNDATION HAVING NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. "DATES OF REPORTS BY GRANTEE" = THE DATES THE REPORTS ARE RECEIVED BY THE FOUNDATION. AN EXPENDITURE RESPONSIBILITY STATEMENT FOR A GRANT CONTINUES TO BE INCLUDED UNTIL ALL REPORTS HAVE BEEN APPROVED BY THE FOUNDATION, SUBJECT TO THE STATEMENT ABOVE AS TO GRANTEES WITH DELINQUENT REPORTS.
SCHEDULE OF CONTROLLED ENTITIES PART VI-A, LINE 11 NAME OF CONTROLLED ENTITY: LEMELSON MEDICAL, EDUCATION & RESEARCH FOUNDATION, L.P. EMPLOYER ID NO: 88-0305280ADDRESS: 7800 RANCHARRAH PARKWAYRENO, NV 89511EXCESS BUSINESS HOLDING:[ ] YES [X ] NO
LIABILITY INSURANCE FORM 990-PF, PART VII, LINE 1 THE LEMELSON FOUNDATION PURCHASES DIRECTORS AND OFFICERS' LIABILITY INSURANCE THAT PROVIDES COVERAGE TO BOTH THE FOUNDATION AND ITS DIRECTORS AND OFFICERS. WHILE A PORTION OF THE PREMIUM MAY BE REGARDED AS COMPENSATION TO DIRECTORS AND OFFICERS, THE COMPENSATORY PORTION ALLOCABLE TO ANY ONE INDIVIDUAL IS DE MINIMIS.

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Name of Bond End of Year Book Value End of Year Fair Market Value
RBC BLUEBAY GLOBAL HIGH YIELD BOND 6,922,301 6,922,301
SNW ASSET MGMT MUNI 46,820,915 46,820,915
TIAA CREF SOCIAL BOND FUND 9,055,164 9,055,164

TY 2023 InvestmentsCorpStockSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Name of Stock End of Year Book Value End of Year Fair Market Value
APERIO GROUP CUSTOMIZED INDEX 65,601,109 65,601,109
CALVERT EMERGING MARKETS 10,845,301 10,845,301
VANGUARD ESG STOCK SELECT (WELLINGTON) 13,132,867 13,132,867

TY 2023 InvestmentsOtherSchedule2
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCION FRONTIER FUND FMV 2,356,191 2,356,191
ACM FUND II LLC FMV 2,376,067 2,376,067
AKO GLOBAL FUND LIMITED FMV 13,048,598 13,048,598
AZOLLA VENTURES FULL-CYCLE FUND I, LP FMV 118,143 118,143
BRANDYWINE PE PARTNERS (2005) LP FMV 1,217,269 1,217,269
BRANDYWINE PE PARTNERS (2006) LP FMV 159,528 159,528
BRANDYWINE PE PARTNERS (2007) LP FMV 270,669 270,669
BRANDYWINE PE PARTNERS (2008) LP FMV 1,147,003 1,147,003
BRANDYWINE PE PARTNERS (2009) LP FMV 849,682 849,682
BROOKSIDE CAPITAL PTRS FUND, LP FMV 1,284 1,284
COMMONFUND CAPITAL INTL VI LP FMV 186,942 186,942
ELEVAR EQUITY III LP FMV 2,579,503 2,579,503
ENERGY IMPACT PARTNERS FMV 2,030,960 2,030,960
FARALLON CAPITAL INST PARTNERS, LP FMV 563,302 563,302
FOUNDERS CO-OP FMV 1,452,518 1,452,518
FUNDSMITH SUSTAINABLE EQUITY FMV 28,156,139 28,156,139
GENERATION IM CLIMATE SOLUTIONS US LP FMV 74,433 74,433
GENERATION IM GLOBAL EQ FD, LLC FMV 61,135,971 61,135,971
GLOBAL IMPACT ACCESS PARTNERSHIP, LP FMV 7,430,886 7,430,886
GLOBAL IMPACT ACCESS PARTNERSHIP, LP II FMV 3,945,698 3,945,698
GLOBAL IMPACT OPPORTUNITIES III, LP FMV 1,135,689 1,135,689
GREENBACKER FMV 11,800,714 11,800,714
IMPACTIVE CAPITAL FMV 11,738,615 11,738,615
LEMELSON MEDICAL, EDUCATION & RESEARCH FOUNDATION, L.P. FMV 39,829 39,829
LIGHTSMITH CLIMATE RESILIENCE PARTNERS S FMV 2,121,078 2,121,078
LYME FOREST FUND IV LP FMV 1,914,428 1,914,428
MARCHO PARTNERS FMV 1,990,860 1,990,860
MORGAN STANLEY PMF INTEGRO FMV 3,715,510 3,715,510
OWNERSHIP CAPITAL FMV 19,355,725 19,355,725
PORTFOLIO ADVISORS FMV 5,123,165 5,123,165
ROCKPORT CAPITAL PARTNERS III FMV 5,444 5,444
ROSE AFFORDABLE HOUSING PRESERVATION IV FMV 7,661,184 7,661,184
SOSV III FMV 9,414,287 9,414,287
SOSV IV FMV 12,106,451 12,106,451
STEPSTONE FORMERLY GREENSPRINGS FMV 2,159,139 2,159,139
VENTURE INVESTMENT ASSOC, IV LP FMV 571,925 571,925
VENTURE INVESTMENT ASSOC, V LP FMV 929,927 929,927
VENTURE INVESTMENT ASSOC, VI LP FMV 2,336,070 2,336,070
VIKING - HYBRID EQUITY FUND FMV 17,182,440 17,182,440
WASTEWATER FMV 733,283 733,283

TY 2023 LandEtcSchedule2
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
EQUIPMENT 247,348 247,348 0  
FURNITURE & FIXTURES 102,564 102,564 0  
LEASEHOLD IMPROVEMENTS 902,255 346,393 555,862 555,862


TY 2023 LegalFeesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 307,975 76,994 0 206,579


TY 2023 OtherAssetsSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
UNITUS SEED FUND, LP-PRI 830,133 2,376,439 2,376,439
ANKUR INVESTMENTS LTD.-PRI 961,559 912,407 912,407
VENTUREAST-TENET II FUND-PRI 441,201 441,201 441,201
SELCO SOLAR LIGHT PVT. LTD-PRI 1,756,800 1,756,800 1,756,800
MENTERRA SOCIAL IMPACT FUND 1-PRI 1,410,345 1,490,345 1,490,345
VILCAP INVESTMENTS, LLC-PRI -70,764 -46,014 -46,014
NANTSOUND INC.-PRI 100,000 100,000 100,000
PROMETHEAN POWER SYSTEMS, INC.-PRI 102,500 103,000 103,000
TEAMFUND, LP-PRI 1,419,071 1,496,544 1,496,544
PRIME COALITION-PRI 2,300,000 2,450,000 2,450,000
VERTUELAB IMPACT FUND-PRI 532,740 707,740 707,740
THIRD DERIVATIVE-PRI 1,000,000 1,027,155 1,027,155
AZOLLA VENTURES - PRIME COALITION-PRI 2,153,699 2,153,699 2,153,699
MENTERRA SOCIAL IMPACT FUND II-PRI 90,494 1,000,000 1,000,000
JAZA RIFT VENTURES GP-PRI 0 148,139 148,139
RIGHT OF USE ASSET 513,887 322,171 322,171


TY 2023 OtherExpensesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUPPLIES & EQUIPMENT 37,919 0 0 44,960
INSURANCE 19,360 0 0 19,360
NETWORK ADMINISTRATION & IT SUPPORT 250,886 0 0 250,886
BANK & CUSTODY FEES 2,922 2,922 0 0
PROFESSIONAL DEVELOPMENT 32,563 0 0 32,563
POSTAGE & SHIPPING 4,384 0 0 4,384
OFFICE EXPENSES 1,966 0 0 80
FOUNDATION CONNECT EXPENSES 79,287 0 0 79,287
ACCOUNTING SYSTEM ANNUAL MAINTENANCE 69,879 0 0 69,879
DESIGN SERVICES 24,150 0 0 24,150
OTHER EXPENSES 46,763 0 0 45,633
EVENT PROGRAMMING 43,322 0 0 43,322
PRI EXPENSES 12,397 41,517 12,397 15,244
INVESTMENT DEDUCTIONS FROM ALTERNATIVE INVESTMENTS 0 2,484,375 0 0


TY 2023 OtherIncomeSchedule2
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENT INCOME 924,275 -117,892  
PRI INVESTMENT INCOME 327,000 327,000 327,000
FOREIGN CURRENCY GAIN/(LOSS) -4,855 -4,855 0
GRANT REFUNDS 2,142 0 2,142
STATE INCOME TAX REFUND 203 0 0


TY 2023 OtherIncreasesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Description Amount
UNREALIZED GAIN ON INVESTMENTS 40,964,462


TY 2023 OtherLiabilitiesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES 1,895,667 2,778,667
LEASE LIABILITY 567,115 375,398


TY 2023 OtherProfessionalFeesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 2,205,109 1,100,342 0 0
WEBSITE CONSULTING FEES 21,528 0 0 21,528
COMMUNICATIONS CONSULTING FEES 447,377 0 0 456,522
PROGRAM CONSULTING FEES 1,536,419 0 0 1,596,712
ADVISORY COMMITTEE STIPENDS 55,400 0 0 55,400


TY 2023 TaxesSchedule
Name:
THE LEMELSON FOUNDATION
EIN:
88-0391959
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE AND INCOME TAX 883,000 0 0 0
STATE & LOCAL TAXES 24,829 0 0 2,400
FOREIGN TAXES 0 105,408 0 0