Also known as: C/O DAN MORENO CPA
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Priem Family Foundation is a private corporation based in BURLINGAME, CA. The foundation received its IRS ruling in 2001. The principal officer is Dan Moreno Cpa. It holds total assets of $124.6M. Annual income is reported at $108.4M. Total assets have decreased from $201.9M in 2010 to $142.3M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in California and New York. According to available records, Priem Family Foundation has made 32 grants totaling $41.9M, with a median grant of $100K. Annual giving has decreased from $27.2M in 2021 to $14.7M in 2022. Individual grants have ranged from $10K to $10M, with an average award of $1.3M. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
The Priem Family Foundation operates as a strictly invitation-only funder — it does not accept unsolicited proposals and explicitly states it proactively identifies the organizations it supports. This means the conventional grant-seeking playbook does not apply. The strategic imperative is relationship cultivation with a very small leadership circle: Curtis Priem (Director, President, CEO), Edward Miles (Vice President), and Fred B. Weil (Assistant Secretary), all of whom receive zero compensation, signaling this is a tightly held family enterprise.
Curtis Priem's biography is the foundation's DNA. As an NVIDIA co-founder and holder of nearly 200 patents, his philanthropy is shaped by a technologist's worldview: he believes in systems-level investments that unlock possibility at scale. His anchor relationship with Rensselaer Polytechnic Institute — his alma mater — has totaled over $37 million across the tracked grantee database and reportedly over $100 million cumulatively, including the landmark 2023 quantum computing commitment. Organizations aspiring to join the Priem portfolio should study this relationship: it is facility-level, decade-spanning, and directly tied to Priem's personal intellectual interests.
For organizations outside the RPI orbit, the portfolio shows multi-year commitments to a dozen or so recurring grantees — Find Your Light Foundation (Josh Groban's arts education initiative), Taylor Family Foundation, Monterey Bay Aquarium, Sunflower Hill, The Orion Fund — each receiving 2–3 grants over the tracked period. This indicates the foundation adds new relationships rarely but sustains them generously once established.
First-time seekers should map connections through NVIDIA alumni networks, RPI board and alumni circles, or existing grantees. Any approach should emphasize the three pillars (creativity, education, people with disabilities), demonstrate Bay Area or Troy, NY presence, and avoid all framing around poverty or human-induced suffering — the foundation explicitly excludes this. The spend-down toward 2031 creates an urgency argument: relationships initiated by 2026–2027 are far more likely to result in multi-year commitments before dissolution.
The Priem Family Foundation's giving profile is bimodal: a dominant anchor relationship with Rensselaer Polytechnic Institute absorbs the vast majority of dollars in any given year, while a stable portfolio of smaller recurring grants serves the creativity and disability pillars.
Grant size statistics (per foundation records, 12 grants counted): Median $98,000; range $10,000 to $10,000,000; average $1,132,165. The average is severely skewed by mega-grants to RPI. The more representative median ($98K) reflects the typical experience of non-RPI grantees.
Annual giving trajectory: $13.4M (2012) → $13.7M (2013) → $15.3M (2015) → $16.1M (2018) → $13.7M (2019) → $13.6M (2020) → $14.7M (2021) → $28.9M (2022) → $30.6M (2023) → $28.5M (2024). The doubling from 2021 to 2022 marks the onset of spend-down acceleration, with assets declining from $195.8M (2018) to $124.6M (2024).
By program area (from top grantee data): RPI grants represent $38.2M of $41.9M total tracked giving — approximately 91% of cumulative dollars. The remaining 9% is split across creativity ($392K Find Your Light; $300K Monterey Bay Aquarium; $20K Livermore Valley Performing Arts; $2.35M Center for New American Media) and disability services ($340K Taylor Family Foundation; $100K Sunflower Hill; $75K Orion Fund; $36K Sonrise; $20K Exceptional Needs Network).
By geography: 21 of 32 tracked grants went to California organizations; 11 to New York (primarily Troy). No grants recorded outside CA and NY.
FY2024 concentration: Of $28.45M distributed, $27.54M (97%) went to RPI alone, with Pretty Human Foundation ($569K) and Taylor Family Foundation ($100K) rounding out the year — an extreme concentration that reflects a major capital project cycle.
The five peer foundations identified share similar asset sizes (~$124–125M), though their missions, geographies, and application approaches differ significantly from Priem's.
| Foundation | Assets | Annual Giving | Primary Focus | Geographic Focus | Application |
|---|---|---|---|---|---|
| Priem Family Foundation | $124.6M | ~$28.5M (FY24) | Education, arts, disability | CA, NY | Invitation only |
| Grace Farms Foundation | $124.7M | Not publicly filed | Arts, justice, nature | CT | Program-based, some open |
| Bia Echo Foundation | $124.4M | Not publicly filed | Reproductive rights, social justice | NV | Invitation only |
| Knapp Community Care Foundation | $124.9M | Not publicly filed | Health, community services | TX | Not disclosed |
| Wayne & Nan Kocourek Foundation | $124.9M | Not publicly filed | Philanthropy, grantmaking | IL | Not disclosed |
Priem stands out among this peer cohort in three important ways. First, its payout rate is exceptionally high — distributing roughly 23% of assets annually versus a typical foundation's 5% minimum, a direct function of its spend-down posture. Second, unlike Grace Farms (which runs active on-site programming) or community foundations in this asset range, Priem is a pure grantmaker with no paid staff and no programming overhead. Third, Priem's concentrated giving to a single anchor institution (RPI) is unusual even among invitation-only foundations; most peers distribute more evenly across their portfolio. For grant seekers, this means Priem is simultaneously one of the most active givers in its asset class and one of the least accessible to new entrants.
The most significant recent development is the 2023 announcement of a $75 million commitment to Rensselaer Polytechnic Institute for quantum computing infrastructure — reportedly the largest quantum computing gift to any university globally at the time. The commitment included $12 million for the Curtis Priem Quantum Constellation center, which houses IBM's first university-deployed quantum computer, and up to $8 million for facility retrofitting. This gift dramatically illustrates the foundation's capacity for transformational, facility-level grantmaking.
FY2024 filings (year ending June 2024) show total grants of $28.45 million distributed to three organizations: RPI ($27.54M for educational facilities), Pretty Human Foundation ($569,234 for educational purposes — a new entrant to the portfolio), and Taylor Family Foundation ($100,000). The appearance of Pretty Human Foundation is notable as it signals the foundation does periodically add new relationships despite the invitation-only stance.
No leadership changes have been publicly announced. Curtis Priem continues as Director, President, and CEO with zero compensation, as do Vice President Edward Miles and Assistant Secretary Fred B. Weil. The foundation has no paid employees.
The foundation's website (priem.org) continues to highlight three grantee spotlights: Project Confluence (documentary on art and science), EMPAC at RPI (experimental media and performing arts center), and Find Your Light Foundation (Josh Groban's arts education initiative) — suggesting these remain active priorities. No new grant portals or RFP windows have been announced as of April 2026.
Because the Priem Family Foundation does not accept unsolicited proposals, conventional grant-writing advice is largely irrelevant. What follows is strategy for the invitation-only reality.
1. Map your network relentlessly. The foundation's small leadership team (Curtis Priem, Edward Miles, Fred B. Weil) is your target universe. Research Edward Miles's professional background for potential warm introduction opportunities — he is the Vice President and a likely operational contact. Curtis Priem's NVIDIA co-founder background means his network runs deep through Silicon Valley tech, semiconductor, and venture communities. Any board member or advisor at your organization with NVIDIA history or RPI alumni ties is a strategic asset.
2. Pursue grantee-to-grantee introductions. The 13 documented grantees (RPI, Find Your Light, Taylor Family Foundation, Monterey Bay Aquarium, Sunflower Hill, Orion Fund, Sonrise, Center for New American Media, Livermore Valley Performing Arts, etc.) are your primary introduction channels. A warm referral from Josh Groban's Find Your Light team or from Taylor Family Foundation is worth far more than any cold outreach.
3. Align to all three pillars, not just one. Organizations at the intersection of creativity + education, or education + disability services, will resonate most strongly. Do not position around poverty alleviation, policy advocacy, or human-rights framing — the foundation explicitly excludes these.
4. Anchor in Bay Area or Troy, NY. Geographic presence in these two markets is effectively a threshold criterion. If you operate nationally, emphasize your Bay Area or Troy footprint heavily.
5. Think in capital and systems, not programs. The RPI relationship — labs, buildings, quantum computers — shows the foundation's preference for durable, named infrastructure over recurring program grants. If you can articulate a facility, endowment, or technology investment of $500K–$5M that creates a 20-year legacy, lead with that.
6. Act before 2027. With dissolution planned for 2031, the window for securing multi-year commitments is narrowing. Initial relationships should be established by 2026–2027 to allow time for the relationship to mature into a funding commitment.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$10K
Median Grant
$98K
Average Grant
$1.1M
Largest Grant
$10M
Based on 12 grants from the most recent 990-PF filing.
The foundation actively holds and maintains land for nature conservation and view shed purposes.
The foundation is involved in the renovation and construction of various elementary through higher education facilities.
The foundation is involved in the renovation and construction of various religious facilities.
The Priem Family Foundation's giving profile is bimodal: a dominant anchor relationship with Rensselaer Polytechnic Institute absorbs the vast majority of dollars in any given year, while a stable portfolio of smaller recurring grants serves the creativity and disability pillars. Grant size statistics (per foundation records, 12 grants counted): Median $98,000; range $10,000 to $10,000,000; average $1,132,165. The average is severely skewed by mega-grants to RPI. The more representative median (.
Priem Family Foundation has distributed a total of $41.9M across 32 grants. The median grant size is $100K, with an average of $1.3M. Individual grants have ranged from $10K to $10M.
The Priem Family Foundation operates as a strictly invitation-only funder — it does not accept unsolicited proposals and explicitly states it proactively identifies the organizations it supports. This means the conventional grant-seeking playbook does not apply. The strategic imperative is relationship cultivation with a very small leadership circle: Curtis Priem (Director, President, CEO), Edward Miles (Vice President), and Fred B. Weil (Assistant Secretary), all of whom receive zero compensati.
Priem Family Foundation is headquartered in BURLINGAME, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fred B Weil | ASSISTANT SECRETARY | $0 | $0 | N/A |
| Curtis Priem | DIRECTOR, PRESIDENT, CEO | $0 | $0 | N/A |
| Edward Miles | DIRECTOR, VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$30.6M
Total Assets
$142.3M
Fair Market Value
N/A
Net Worth
$139.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$6.6M
Distribution Amount
$7.6M
Total Grants
32
Total Giving
$41.9M
Average Grant
$1.3M
Median Grant
$100K
Unique Recipients
13
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Taylor Family FoundationEDUCATIONAL | Livermore, CA | $140K | 2022 |
| Rensselaer Polytechnic Institute - From Doctrina LlcEDUCATIONAL FACILITY | Troy, NY | $10M | 2022 |
| Rensselaer Polytechnic InstituteEDUCATIONAL FACILITY | Troy, NY | $2.6M | 2022 |
| Center For New American MediaEDUCATIONAL | Brooklyn, NY | $1.6M | 2022 |
| Find Your Light FoundationEDUCATIONAL | Los Angeles, CA | $200K | 2022 |
| Monterey Bay Aquarium FoundationEDUCATIONAL | Monterey, CA | $100K | 2022 |
| The Orion FundEDUCATIONAL | Piedmont, CA | $25K | 2022 |
| Exceptional Needs NetworkEDUCATIONAL | Livermore, CA | $20K | 2022 |
| Rensselaer Polytechnic Institute - Transfer Of Intellectual PropertyEDUCATIONAL FACILITY | Troy, NY | $274K | 2021 |
| Sunflower HillCOMMUNITY IMPROVEMENT | Livermore, CA | $50K | 2021 |
| Tides Center DepositorySOCIAL CHANGE | San Francisco, CA | $35K | 2021 |
| Sonrise Equestrian FoundationEDUCATIONAL | Danville, CA | $18K | 2021 |
| Livermore Valley Performing Arts CenterEDUCATIONAL | Livermore, CA | $10K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA