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The Lemelson Foundation

Manager: Cheryl Mirer
Priority: Open

BACKGROUND

Founded by the late Jerome Lemelson and his family. An engineer, inventor and holder of over 600 patents, Mr. Lemelson holds the record as the third most prolific inventor in American history, surpassed only by Thomas Edison and Carleton Ellis.

FIELDS OF INTEREST

business/industry, engineering/technology, higher education, economic development

LIMITATIONS

Giving primarily in the United States and internationally in Africa, Asia and Latin America.

No grants to individuals.

FINANCIAL DATA

Assets: $371,827,049 (market value)

Expenditures: $19,698,439

Total giving: $13,038,046

Qualifying distributions: $16,342,817

Giving activities include:

$13,038,046 for 55 grants (high: $1,700,000; low: $3,000)

$300,000 for 1 loan/program-related investment

SELECTED GRANTS

  • $12,253,679 to Massachusetts Institute of Technology, Cambridge, MA, in 2012. For Lemelson-MIT Prize, Student Prize Program, Global Innovation Prize, National InvenTeam Initiative, evaluation of prize program and communications and to support new Invention Education Program that includes launching a geographically focused InventTeam Initiative, MakerTeams, Grassroots Coordination and local EurekaFest events
  • $12,034,659 to National Collegiate Inventors and Innovators Alliance, Hadley, MA, in 2012. For grant making and programming which support educational, E-Team and VentureWell activities
  • $2,200,086 to Nonprofit Enterprise and Self-Sustainability Team, San Francisco, CA, in 2013. To incubate and launch high-impact, highly scalable, invention-based enterprises in Peru that improve lives of the poor
  • $2,200,000 to Villgro, Chennai, India, in 2013. To incubate and launch high-impact, highly scalable, invention-based enterprises in India that improve lives of the poor
  • $1,999,890 to Yayasan Inovasi Teknologi, Jakarta, Indonesia, in 2013. To incubate and launch high-impact, highly scalable, invention-based enterprises in Indonesia that improve lives of the poor
  • $1,062,643 to American Association for the Advancement of Science, Washington, DC, in 2013. For the launch and development of the AAAS-Lemelson Invention Ambassadors Program
  • $991,934 to Bogor Agricultural University, Bogor, Indonesia, in 2013. To continue support of the student invention and entrepreneurship program
  • $735,770 to Yayasan Inovasi Teknologi, Jakarta, Indonesia, in 2012. To incubate and launch high-impact, highly scalable, invention-based enterprises in Indonesia that improve lives of the poor