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REALIZE Educate the FULL POTENTIAL of IEEE 2018 IEEE Found At I o n A n n u A l R E p o R t ILLUMINATE REALIZE EdUcate THE FULL POTENTIAL OF IEEE engAgE energIzE 2018 IEEE Foundation Annual Report 1 You are a hero to thousands of individuals in communities around the world. Your‘‘ support has changed so many lives. I am grateful for your generosity and your example. Without your support, the most pressing challenges would be left unanswered. You have transformed countless lives, for example: students learning about the historical impact of technology in their social studies classrooms or building robots at the library across town, university students taking on leadership roles in IEEE-HKN honors society, professionals giving back hundreds of volunteer hours to their communities, and people finally having electrical power to see through the darkness. The important work of IEEE and the IEEE Foundation is only possible when IEEE members and friends, like you, make the critical decision to give. Together, ‘‘we will be able to continue deploying sharp minds and capable hands. John R. Treichler IEEE Foundation President The reach and impact of IEEE Foundation runs wide and deep, touching all corners of the world and ‘‘ engaging all aspects of IEEE and its members. Each program that IEEE Foundation supports through The Realize the Full Potential of IEEE Campaign was officially launched in February 2018 with the flick of a symbolic wireless switch through philanthropy is addressing a pressing need in some corner of the world. Each donor helps to ensure the combined efforts of IEEE Foundation Executive Director Karen Galuchie, that the future of IEEE holds even greater promise than its historic past. We thank all of our donors for IEEE Foundation President John Treichler, IEEE Executive Director Stephen their support, especially this year since the launch of the “Realize the Full Potential of IEEE” Campaign. Welby and 2018 IEEE President Jim Jeffries. Each spoke about the importance of philanthropy and the programs that donations to the These are exciting times for all of the IEEE programs supported through philanthropy. The IEEE Campaign support. Foundation continues to drive new levels of technological access, innovation and engagement through global initiatives designed to transform lives through the power of technology & education. Karen A. Galuchie ‘‘IEEE Foundation Executive Director REALIZE THE FULL POTENTIAL OF IEEE 2018 IEEE Foundation Annual Report 2 2018 IEEE Foundation Annual Report ProgramProgram Area Donations Area Donations Program Program Funding Funding IlluminateIlluminate 373,782 373,782 $1,596.895 $1,596.895 Year in Review EducateEducate 3,169,379 3,169,379 $1,935,460 $1,935,460 EngageEngage 282,976 282,976 $299,656 $299,656 EnergizeEnergize 1,953,562 1,953,562 $1,959,943 $1,959,943 IEEE Foundation Total Total 5,779,699 5,779,699 $5,791,954 $5,791,954 philanthropy is an investment in human potential that helps to illuminate, educate, engage and energize. As the philanthropic partner of IEEE, the IEEE Foundation inspires the generosity of donors to enable IEEE programs that improve access to technology, enhance technological literacy, and support technical education and the IEEE professional community. thanks to you and the donations raised in cooperation with IEEE organizational units, the IEEE Foundation works across IEEE to invest in and manage 212 funds that bring the promise of technology and the knowledge to use it to the world. Many IEEE programs offer multiple benefits. In the following pages, we categorize them under four main topics: Illuminate, Educate, Engage and Energize, though their benefits actually span multiple categories. REALIZE Donations Program Area Program Funding $373,782 Illuminate $1,596,895 THE FULL POTENTIAL OF IEEE $3,169,379 Educate $1,935,460 $282,976 Engage $299,656 2018 IEEE Foundation Annual Report $1,953,562 Energize $1,959,943 $5,779,699 Total $5,791,954 See the full 2018 Financial Report at http://bit.ly/18Audit. 2018 IEEE Foundation Annual Report 3 donors and Ways they Give Appreciating those that make possibilities become reality. With contributions from generous donors around the world, the IEEE Foundation invests in philanthropic programs that advance technology and education for the benefit of humanity. Every donor who makes a gift to the IEEE Foundation makes a difference. GIVING BY CONsTITUENCY GIVING BY INDIVIDUALs GIVING BY LIFE mEmBERs IEEE 46% Life Members 54% Life Members 46% corporations & donor Advised Funds 17% Life Fellows 38% Foundations 29% Members, Associate Life Senior Members 16% Individuals 25% Members & Students 11% Senior Members and Fellows 10% Non-Members 7% Affiliates 1% 7,317 60.71% $790.01 1,151 total donors Retention Rate Average Gift loyalty donors: 10+ Years of Consecutive Giving 4 2018 IEEE Foundation Annual Report Matching Gifts Employee matching gifts are donations a company makes to match its employees’ nonprofit donations and volunteerism. Companies typically match employee donations dollar-for-dollar, but some companies triple or quadruple the gift amount! Many companies have such programs in place for employees, while some even provide the matching benefit to retirees and spouses. Companies big, small, and everything in between, match gifts of money and volunteer hours. Visit the IEEE Foundation’s Matching Gifts page to see if your company offers this benefit. Our Top matching Gift Companies Corporate & Foundation Giving Corporate and Foundation philanthropy is an important driver of IEEE programs. long-term partnerships with corporations and organizations strengthen communities world-wide and help solve complex problems. Corporate and Foundation giving made up 29% of total gifts to IEEE Foundation for IEEE programs in 2018. thank you to the Corporations and Foundations who supported IEEE programs and enable us to advance technology in direct interest of humanity. thank you for helping to The Donor Advised Fund option offers Realize the Full Potential of IEEE. many advantages. It’s administratively Our Top Corporate Giving Companies ‘‘ easy, a better tax option for donating hard assets, like stock, allows me to donate anonymously and has positive societal impacts long into the future. The IEEE Foundation offers direct-impact programs with educational opportunities and, while ‘‘these programs may evolve by the time my estate is executed, I have confidence that the organization will persist and that beneficial programs will continue. 69 donors 23 donors Lawrence D’Addario $258,432 $20,125 donor Advised Funds IRA Charitable Rollover 2018 IEEE Foundation Annual Report 5 our donors I’ve benefitted from being a ‘‘ member of IEEE in my profes- sional career. Thus, in retirement, IEEE Heritage Circle – Honored Philanthropists I wish to give back. Anyone who has benefitted from an the philanthropic spirit of IEEE Foundation donors reflects a strong desire to “give back” to IEEE. engineering education should donors to IEEE who are extraordinarily loyal and give consistently are recognized as Honored Philanthropists in the IEEE Heritage Circle. these donors to the IEEE Foundation have made gifts be encouraged and challenged and/or pledges totaling uS$10,000 or more since 1 January 1995. to do what they can to help Recognized as members of the IEEE Heritage Circle, donors are categorized within six named ‘‘perpetuate the profession. giving levels ranging from uS$10,000 to more than uS$1M. the IEEE Foundation is grateful for the commitment and generosity of these loyal donors. John Derrick Alessandro Volta society - Axel n. Eliasen Alstom Grid Joseph Bordogna teck Seng low + paul G. Slade ($1,000,000+) John W. Estey terri l. Craig Gina Burk Asad M. Madni paul l. Smith Finn partners S&C Foundation F. p. de Mello John M. derrick thomas E. Mcdermott Robert d. Smith Clinton R. Gilliland Robert A. dent david l. donoho John d. Mcdonald Schweitzer Engineering Marion Sobol laboratories, Inc. Richard J. Gowen donald n. Heirman Albert dosser John Meggitt dana Star the Grainger Foundation James o. Gray Fieldbus narain G. Hingorani Anthony durniak James d. Meindl michael Faraday society - Foundation Scholarship Fund John Impagliazzo, ph.d. + Robert J. dwyer Fred C. Mintzer + Raymond S. Stata ($500,000 to $999.999 ) Keithley Instruments, Inc. Irwin M. Jacobs Bruce A. Eisenstein Gordon E. Moore Greg C. Stone Gladys Knoll Anonymous leah H. Jamieson George F. Farris narayana n. Murthy Arthur W. tai Raymond S. larsen G&W Electric Ronald J. Jaszczak lyle d. Feisel Yasuto Mushiake peter A lewis Bing tai Intel Foundation Raj Mittra Maria C. Fenoglio Seth Myers MathWorks James tai nokia Bell labs Roberto padovani Roger u. Fujii + John p. nelson nEC Corporation James Clerk maxwell philips Electronics n.V. Karen A. Galuchie Robert W. newcomb Atsuko takagi dinesh R. patel society - ($250,000 Ramachandra Ramakumar thomas F. Garrity William C. nussey lawrence E. tannas pearson to $499,999) Jerome J. Suran Marylyn Goutmann Christa u. pandey lewis M. terman James C. Rautio Gary l. tooker paul R. Gray R. K. pandey doble Engineering Company ulrich l. Rohde Berta thomas Nikola Tesla society - david G. Green + nita patel IBM Corporation S&C Electric Company orlin d. trapp Valentin t. Jordanov ($10,000 to $49,999) Maureen Hamilton thomas F. peterson Edmund o. Schweitzer leslie Vadasz Anonymous Gale G. Hannigan dennis J. picard thomas Kailath Sony Corporation Roger F. Harrington Robin podmore Ray l. Vargas McMurtry Family Foundation Robert W. Steenberge Alejandro Acero John R. Vig northrop Grumman Corporation the Boeing Company George B. Adams Janet Ho H. Vincent V. poor + Emerson W. pugh the dorsey & Whitney Isamu Akasaki david A. Hodges E. J. prendergast Andrew J. Viterbi Qualcomm Incorporated Foundation paul Alex daniel d. Hoolihan Wanda K. Reder + Rudolf A. Wassmer Raytheon Company Abdul Rahman Al-Ghunaim Julius R. Insler Rebecca Rooks the Motorola Solutions Edward R. Westmeyer Samsung Electronics Co., ltd. Foundation Edward E.
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