This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $264,594,190 | $264,594,190 | $13,500 | $700,237,762 | $0 |
| FY2023 | 990 | $235,600,056 | $235,600,056 | $13,500 | $513,103,203 | $0 |
| FY2022 | 990 | $210,813,398 | $210,813,398 | $17,900 | $732,557,047 | $0 |
| FY2021 | 990 | $201,685,559 | $201,685,559 | $19,800 | $660,644,997 | $0 |
| FY2020 | 990 | $195,643,356 | $195,643,356 | $18,267 | $546,417,316 | $0 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 50% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| University of Massachusetts AmherstAmherst, MA | Support for the College of Engineering Career Center Corporate Partnership Program in the amount of $10,000, and $3,800 for support of three High Tech Scholarship Awards for the Academic Year 2021/2022. | $13,800 | 2021 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brook M Colangelo | DIRECTOR | 8.0 | $153,250 |
| Caren Anders | DIRECTOR | 8.0 | $140,250 |
| Catherine Flax | DIRECTOR | 8.0 | $135,250 |
| Cheryl Lafleur | CHAIR, BOARD OF DIRECTORS |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| UNIVERSITY OF MASSACHUSETTS AMHERSTAMHERST, MA |
| SUPPORT FOR THE COLLEGE OF ENGINEERING INDUSTRY PARTNER PROGRAMS |
| $11,900 |
| 2022 |
| UNIVERSITY OF MASSACHUSETTS AMHERSTAMHERST, MA | SUPPORT FOR THE COLLEGE OF ENGINEERING INDUSTRY PARTNER PROGRAM FOR THE ACADEMIC YEAR 2023 | $7,500 | 2023 |
| University of Massachusetts AmherstAmherst, MA | Support for the College of Engineering Career Center Corporate Partnership Program in the amount of $5,000, and support a High Tech Scholarship Award of $1,900 for the Academic Year 2020/2021. | $6,900 | 2020 |
| IEEE FOUNDATION INCPISCATAWAY, NJ | SUPPORT OF THE REGION 1 RECIPIENTS FOR THE IEEE PES SCHOLARSHIP PLUS INITIATIVE FUND | $6,000 | 2024 |
| University of ConnecticutStorrs, CT | University School of Engineering - support for Senior Design Project - Generator Moderator Analysis for the 2019/2020 Academic Year. | $6,000 | 2020 |
| IEEE FOUNDATION INCPISCATAWAY, NJ | SUPPORT OF THE REGION 1 RECIPIENTS FOR THE IEEE PES SCHOLARSHIP PLUS INITIATIVE FUND | $6,000 | 2023 |
| IEEE Foundation IncPiscataway, NJ | Support of the Region 1 recipients for the IEEE PES Scholarship Plus Initiative Fund. | $6,000 | 2021 |
| IEEE FOUNDATION INCPISCATAWAY, NJ | SUPPORT OF THE REGION 1 RECIPIENTS FOR THE IEEE PES SCHOLARSHIP PLUS INITIATIVE FUND. | $6,000 | 2022 |
| IEEE Foundation IncPiscataway, NJ | Support of the Region 1 recipients for the IEEE PES Scholarship Plus Initiative Fund. | $5,367 | 2020 |
| 8.0 |
| $160,250 |
| Craig Ivey | DIRECTOR | 8.0 | $144,250 |
| Mark Vannoy | DIRECTOR | 8.0 | $148,750 |
| Melvin G Williams Jr | DIRECTOR | 8.0 | $136,750 |
| Michael J Curran | DIRECTOR | 8.0 | $137,250 |
| Steven B Corneli | DIRECTOR | 8.0 | $132,750 |
| Alan F Mcbride | V.P., System Planning | 46.0 | $340,809 |
| Anne C George | VP, CHIEF EXT AFFAIRS & COMM. OFF. | 45.0 | $608,935 |
| Gordon Van Welie | PRESIDENT & CHIEF EXECUTIVE OFFICER | 45.0 | $2,253,854 |
| Kathleen Decastro | VP, HR & CHIEF PEOPLE DIV. OFF. | 45.0 | $517,033 |
| Lorraine M Brady | SR. CORP. ADMIN. & ASST. SEC. | 45.0 | $125,838 |
| Maria A Gulluni | VP & GENERAL COUNSEL | 45.0 | $699,983 |
| Matthew W White | VP, MARKET DEV. & SETTLEMENTS & CHIEF ECON. | 45.0 | $713,908 |
| Peter T Brandien | VP, SYSTEM OPS. & MARKET ADMIN. | 45.0 | $1,079,127 |
| Robert C Ludlow | VP, CHIEF FINANCIAL & COMP. OFF. | 45.0 | $816,584 |
| Robert G Ethier | VP, SYSTEM PLANNING | 45.0 | $557,048 |
| Rudolf A Pawul | VP, INFO. & CYBER SEC. SVCS. | 45.0 | $494,558 |
| Stephen George | V.P, SYSTEM OPER & MARKET ADMIN | 45.0 | $316,566 |
| Vamsi K Chadalavada | EXEC. VP & CHIEF OPERATING OFFICER | 45.0 | $1,694,325 |
| Albert Evans | CHIEF OF INFORMATION SECURITY | 40.0 | $411,466 |
| Brent Oberlin | EXEC DIRECTOR, TRANSMISSION PLANNING | 47.0 | $321,885 |
| David Naughton | EXEC. DIR., MKT. MONITORING | 40.0 | $356,682 |
| Dennis G Robinson | EXEC DIRECTOR, MARKET ADMIN. & AUCTIONS | 41.0 | $347,537 |
| M David Hameedy | EXEC DIRECTOR, PROGRAM MGMT. OFFICE | 40.0 | $371,295 |
| Matthew F Goldberg | EXEC DIRECTOR, STRAT., RISK & OPS. COMM. | 40.0 | $371,078 |
| Shannon L Carey | EXEC DIRECTOR, MKT. ANALYSIS & STLMNT. | 42.0 | $347,908 |
| Steven Gould | Director, Operations | 45.0 | $294,243 |
| Christopher Geissler | DIRECTOR, ECONOMIC ANALYSIS | 44.0 | $364,669 |
| Christopher Nolan | DIRECTOR, MARKET & CREDIT RISK | 40.0 | $364,776 |
| John Diloreto | EXEC DIRECTOR, INTERNAL AUDIT | 40.0 | $345,524 |
| Parviz Alivand | MANAGER, MARKET DESIGN AND PRINCIPAL ECONOMIST | 41.0 | $349,742 |
| Tongxin Zheng | CHIEF TECHNOLOGIST | 41.0 | $350,835 |
| Mark G Karl | FORMER VP, MARKET DEV. & SETTLEMENTS | Not available | $453,047 |
| Michael N Taniwha | FORMER IT DIR., INFR. & ENTRPR. SUPP. | Not available | $197,928 |
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202412429349301016
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202332309349300338
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202232349349301403
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202132289349303923
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202012309349301146
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201942339349301044
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201802289349300620
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201742409349300119
Form 990 · FY2015 · period ending Dec 31, 2015
Filing id 201622239349301852
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.