Dassault Systemes Foundation
- Assets
- $73.7k
- Revenue
- $400.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-3478010
Organization Overview
Dassault Systemes Foundation is located in Waltham, MA. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dassault Systemes 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, Dassault Systemes Foundation generated $400.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $512.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dassault Systemes Foundation has awarded 55 individual grants totaling $2,329,135. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thibault DE Tersant Director | 0.25 | $0 | |
Daniel Barnes Director | 0.25 | $0 | |
Deborah Dean Director/president | 0.25 | $0 | |
Mark Neil Director | 0.25 | $0 | |
Victoire DE Margerie Director | 0.25 | $0 | |
Wanda Epstein Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $400,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,203 |
| Total operating and administrative expenses | $18,104 |
| Contributions, gifts, grants paid | $494,500 |
| Total expenses and disbursements | $512,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,714 |
| Savings and temporary cash investments | $0 |
| 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 | $73,714 |
| 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, Dassault Systemes Foundation has awarded $494,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
RHODE ISLAND COMPUTER MUSEUM INC PURPOSE: ISHAPE | $11,572 |
CLARKSON UNIVERSITY PURPOSE: DEVELOPMENT OF AN ASSISTIVE AND INTELLIGENT DEVICE FABRICATION (AIDFAB) FACILITY FOR AGING | $75,000 |
CHICAGO INDUSTRIAL ARTS AND DESIGN CENTER NFP PURPOSE: EQUITABLE OPPORTUNITIES FOR CHICAGO YOUTH WITH 21ST CENTURY MANUFACTURING TECHNOLOGY | $10,000 |
WORKSHOPS FOR WARRIORS PURPOSE: CNC MACHINING TRAINING FOR WARRIORS | $35,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: BRAIN SWITCH: ENABLING COMMUNICATION FOR PEOPLE WITH ADVANCED STAGES OF ALS USING A REAL-TIME WEARABLE PLATFORM | $72,202 |
REYNOLDS CENTER FOR TLC PURPOSE: FABENGINEERS: VISUALIZING, DESIGNING, CREATING & FABRICATING A MORE SUSTAINABLE WORLD | $25,000 |