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EIN 20-8824719

Coherent Ii-Vi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Pittsburgh
State
Pennsylvania
Year formed
2007
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Coherent Ii-Vi Foundation primarily funds scholarships and block gifts to support educational programs. It focuses on two main initiatives: targeted undergraduate scholarships that emphasize valuable work experience and a graduate-level block-gift program. Grantees include institutions such as Montana State University, and the foundation made 58 grants last year. As a corporate foundation of Coherent Corp, it operates out of Pittsburgh, PA.
Also known as...
Ii-Vi Foundation
Total revenues
$2,182,971
2023
Total expenses
$2,217,275
2023
Total assets
$7,437,681
2023
Num. employees
1
2023

Program areas at Coherent Ii-Vi Foundation

Two programs1 targeted undergraduate scholarships that require valuable work experience 2graduate level block-gift program involving research projects
Interest income from cash balances are used for making scholarshipgrants and block gifts
Interest and dividends from securities are used for making scholarshipgrants and block gifts
Capital gains relate to the selling of securities which proceeds areused for scholarship grants and block gifts

Grants made by Coherent Ii-Vi Foundation

GranteeGrant descriptionAmount
University of Delaware (UD)Block Gift$95,000
The University of Chicago (UChicago)Block Gift$94,992
Kyodai CollaborativeBlock Gift$92,400
...and 4 more grants made

Personnel at Coherent Ii-Vi Foundation

NameTitleCompensation
Richard PurnellExecutive Director$205,600

Financials for Coherent Ii-Vi Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,300,000
Investment income and dividends$67,951
Net rental income$0
Net gain from sale of non-inventory assets$815,020
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,182,971

Form 990s for Coherent Ii-Vi Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-26990PFView PDF
2022-122023-08-22990PFView PDF
2021-122022-08-15990PFView PDF
2020-122021-12-21990PFView PDF
2019-122021-12-10990PFView PDF
...and 7 more Form 990s
Data update history
November 14, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 13, 2024
Updated personnel
Identified 1 new personnel
October 13, 2023
Updated personnel
Identified 3 new personnel
October 4, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
321 Foxcroft Rd
Pittsburgh, PA 15220
Metro area
Pittsburgh, PA
County
Allegheny County, PA
Website URL
co26fdn.org/ 
IRS details
EIN
20-8824719
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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