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Provides grants to accredited post-secondary institutions, including trade schools, community colleges, and universities, to award scholarships to students enrolled in CNC machining training. Funds are intended to assist students with tuition, books, supplies, and tools.
Grants awarded to high schools and tech centers to support students in CNC training. Funds can be used for toolboxes for graduating students, scholarships for post-secondary CNC training, or summer camps to introduce students to manufacturing.
Gene Haas Foundation is a private corporation based in OXNARD, CA. The foundation received its IRS ruling in 1999. The principal officer is % Laura Magana. It holds total assets of $980M. Annual income is reported at $629.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gene Haas Foundation has made 4 grants totaling $90.1M, with a median grant of $23.8M. Annual giving has grown from $15.4M in 2020 to $54.3M in 2022. Individual grants have ranged from $15.4M to $27.1M, with an average award of $22.5M. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Gene Haas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Gene Haas Foundation has distributed a total of $90.1M across 4 grants. The median grant size is $23.8M, with an average of $22.5M. Individual grants have ranged from $15.4M to $27.1M.
Gene Haas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gene Haas Foundation is headquartered in OXNARD, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Murray | C.F.O. | $0 | $0 | $0 |
| Darlene Hilz | SECRETARY | $0 | $0 | $0 |
| Gene F Haas | PRESIDENT | $0 | $0 | $0 |
Total Giving
$31.4M
Total Assets
$805.5M
Fair Market Value
$805.5M
Net Worth
$799.7M
Grants Paid
$29.5M
Contributions
$110M
Net Investment Income
$45.4M
Distribution Amount
$34M
Total: $589.9M
Total Grants
4
Total Giving
$90.1M
Average Grant
$22.5M
Median Grant
$23.8M
Unique Recipients
1
Most Common Grant
$27.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Detail Upon Request - See Attached Statement BSEE ATTACHMENT B | For Various Cities St, CA | $27.1M | 2022 |
Grants for student teams that design and build products utilizing CNC machining for approved competitions such as FIRST Robotics (FRC and FTC) and SAE (Baja, Formula). Funding supports costs incurred in building robots/cars and competition participation.
Supports 501(c)(3) organizations that provide essential services to improve the quality of life for individuals in the specific counties where Haas Automation has a significant presence. Focus is primarily on meeting the fundamental needs of children and the elderly.
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