Marine Science and Technology Foundation

EIN 263630378

San Jose, CA 95113 |(650) 461-8088

Total Given 2024–2024
$1.6M
1 grants · $1.6M avg/year
based on 1 yr of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$1.6M
typical big bets · $1.6M–$1.6M
grant size
0%
transactional · single-year
repeat
$1.6M
Assets (2023)
1
Distinct Recipients

About

THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH TREAS. REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF ASSETS THAT RESULTED IN A DISSOLUTION IN THE FILING PERIOD. MARINE SCIENCE AND TECHNOLOGY FOUNDATION'S BOARD OF DIRECTORS APPROVED A PLAN OF DISSOLUTION ON JUNE 3, 2024 (ATTACHED). THE CALIFORNIA ATTORNEY GENERAL APPROVED THE PLAN OF DISSOLUTION ON SEPTEMBER 25, 2024. AFTER PAYING ITS FINAL EXPENSES AND OBLIGATIONS, MARINE SCIENCE AND TECHNOLOGY FOUNDATION MADE A FINAL DISTRIBUTION OF ITS ASSETS TO DAFGIVING360 (FORMERLY KNOWN AS SCHWAB CHARITABLE) (EIN: 31-1640316; ADDRESS: 211 MAIN STREET SAN FRANCISCO, CA 94105), A PUBLIC CHARITY DESCRIBED IN SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE WHICH HAS BEEN IN EXISTENCE FOR OVER 60 MONTHS, ON OCTOBER 28, 2024. THE ASSETS DISTRIBUTED TO DAFGIVING360 WERE $1,597,375 IN CASH. THE CERTIFICATE OF DISSOLUTION WAS FILED WITH THE CALIFORNIA SECRETARY OF STATE ON OCTOBER 31, 2024 (ATTACHED).

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (650) 461-8088

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 N/A $9.8M $2K N/A
2021 N/A $9.8M $73 N/A
2022 N/A $1.3M $9K N/A
2023 N/A $1.6M $355K N/A
2024 $1.6M $0 $27K 1

Grant Size Distribution

Based on 1 grants on record

Minimum
$1.6M
25th Pctl
$1.6M
Median
$1.6M
Average
$1.6M
75th Pctl
$1.6M
Maximum
$1.6M

Geographic Distribution

US Grant Distribution Map

Officers & Directors

WS
Wendy Schmidt
President Leadership
ES
Eric Schmidt
Vice President Leadership
TN
Trang Nguyen
Acting Treasurer Leadership
FB
Frances Babb
Secretary Leadership

Grants Awarded (1 total)

Purpose
Dafgiving360 (Fka Schwab Charitable) San Francisco, CA $1,597,375 SUPPORT EXEMPT PURPOSE 2024