Nxp Foundation
- Assets
- $4.9m
- Revenue
- $1.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-0667916
Organization Overview
Nxp Foundation is located in Austin, TX. The organization was established in 2011. According to its NTEE Classification (M12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nxp Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nxp Foundation generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (71.7%) each year. All expenses for the organization totaled $253.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Alexandra Director, Chair Of Board | 1 | $0 | |
Jennifer Wuamett Director, President | 1 | $0 | |
Tim Shelhamer Director, Secretary | 0.5 | $0 | |
Srinath Rajen Director, Treasurer | 0.25 | $0 | |
Pamela Brown Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,859 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $447 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,997 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $252,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,886,859 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,886,859 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nxp Foundation has awarded $500,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: FUND A SCHOLARSHIP PROGRAM IN SPECIFIED FIELDS IN ELECTRICAL ENGINEERING PROGRAM | $250,000 |
UNIVERSITY FUND EINDHOVEN (AKA STICHTING EINDHOVEN UNIVERSITEITSFONDS) PURPOSE: FUND A SCHOLARSHIP PROGRAM IN SPECIFIED FIELDS IN ELECTRICAL ENGINEERING PROGRAM | $250,000 |