FundersCalifornia

The Masimo Foundation for Ethics

Irvine, CA · EIN 01-0956020. Reported 63 grants totalling $10.7M to 39 organizations across tax years 2020-2023. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$75,000median grant
$10.7Mgranted, 2020-2023
39organizations funded
39%of grantees funded again the next year
$933,702assets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. The Masimo Foundation for Ethics did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $75,000. Half of everything it gave fell between $35,000 and $192,000; the smallest was $5,000 and the largest $1,000,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

$5,000 - $10,000
1 grant
$10,000 - $25,000
7 grants
$25,000 - $50,000
9 grants
$50,000 - $100,000
18 grants
$100,000 and Up
28 grants

Every organization it funded

This is the complete list from its filings, largest first. Years funded is the number of separate tax years in which the organization received money -- more than one means a real relationship rather than a one-off.

OrganizationLocationTotal receivedGrantsYears fundedLast
OneocSanta Ana, CA$3,500,000632023
Patient Safety Movement FoundationIrvine, CA$1,000,000112020
California Institutes of TechnologyPasadena, CA$960,980222023
Ayeneh FoundationEncino, CA$500,000542023
Bill Hillary and Chelsea Clinton FoundationLittle Rock, AR$500,000112023
The Barack Obama FoundationChicago, IL$500,000112020
The Carter CenterAtlanta, GA$392,000442023
USA TodayMclean, VA$378,500222022
American Civil Liberties UnionLos Angeles, CA$300,000112021
American Civil Liberties UnionNew York, NY$300,000112020
California Institue of TechnologyPasadena, CA$260,530112021
Sharesafe Solutions LLCMobile, AL$250,000112023
Ibero-American Society of Neonatology IncFlorham Park, NJ$210,000332023
Institute for Civic LeadershipNew York, NY$192,000112020
The Beau Biden FoundationWilmington, DE$175,000222021
Chapman UniversityOrange, CA$100,000112020
Choc FoundationOrange, CA$100,000112022
Foundation for Anesthesia Education & ResearchSchaumberg, IL$100,000222023
The Dragon Kim FoundationIrvine, CA$100,000222022
The Voices ProjectLas Vegas, NV$100,000112022
The Brett Tashman FoundationUpland, CA$75,000332023
Unlv FoundationLas Vegas, NV$75,000112021
Iberoamerican Society of Neonatology IncFlorham Park, NJ$70,000112020
St Mary and All Angels Christian SchoolAliso Viejo, CA$70,000222023
Anaheim Community FoundationAnaheim, CA$60,000222023
Patient Safety WatchLondon, London$60,000112023
Children's Psc FoundationMenlo Park, CA$50,000112023
Penington InstituteCarlton, Victoria$50,000112022
Syrian Forum USAWillowbrook, IL$50,000112021
Taller San Jose Hope BuildersSanta Ana, CA$50,000112021
Jewish Voice for PeaceBerkeley, CA$40,000222022
Juvenile Diabetes Research FoundationTustin, CA$25,000112022
St Mary SchoolAliso Viejo, CA$25,000112021
Syrian Institute for ProgressFoothill Ranch, CA$25,000112021
T'ruahNew York, NY$20,000112022
T'ruah FoundationNew York, NY$20,000112021
Guide Dogs of AmericaSylmar, CA$10,000112021
US Soccer Federation IncChicago, IL$10,000112021
Eastern Congo InitiativeMinneapolis, MN$5,000112020

13 of 39 (33%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 39%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is less consistent than most. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.

What the money was for

Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.

What kind of organizations it funds

By the recipient's own IRS classification, for the 34 grants where we could identify the organization. These are assigned categories, not our guesses.

Philanthropy & Grantmaking
10 grants
International Affairs
6 grants
Education
6 grants
Medical Research
5 grants
Health Care
2 grants
Mental Health
1 grant
Diseases & Disorders
1 grant
Public Safety & Disaster Relief
1 grant

Giving by year

Tax yearGrantsTotalMedian grant
202011$2,513,000$100,000
202119$2,399,030$50,000
202218$2,433,050$60,000
202315$3,363,930$99,000

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Already committed for future years

Form 990-PF has a separate schedule for grants approved but not yet paid. The Masimo Foundation for Ethics has 3 of them, worth $1,350,980. This is the one part of the filing that looks forward rather than back -- and it also tells you how much of the next year's budget is already spoken for.

OrganizationLocationApproved
California Institue of TechnologyPasadena, CA$960,980
Iberoamerican Society of Neonatology IncFlorham Park, NJ$210,000
Patient Safety WatchLondon, London$180,000

Where its money goes

Foundations concentrate geographically far more than their mission statements suggest. 68% of this one's giving went to organizations in California. If you are outside its footprint, that matters more than how well your programme fits.

California
$7.3M
Illinois
$660K
New York
$532K
Arkansas
$500K
Georgia
$392K
Virginia
$378K
New Jersey
$280K
Alabama
$250K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

American Online Giving Foundation Inc16 shared recipientsFidelity Investments Charitable Gift Fund15 shared recipientsDonor Advised Charitable Giving Inc15 shared recipientsNational Philanthropic Trust12 shared recipientsMorgan Stanley Global Impact Funding Trust Inc11 shared recipientsVanguard Charitable Endowment Program11 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $75,000. Asking for ten times that is the most common way small organizations waste a submission.
  2. Check you are in its geography. Its giving is concentrated in California.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Related guides

Foundations funding international affairs in CaliforniaEvery funder in this group, rankedFoundations funding education in CaliforniaEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from The Masimo Foundation for Ethics's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2020-2023). Nothing here is scraped, inferred, or estimated.

Address of record on the latest return: 52 Discovery, Irvine, CA, 92618. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 01-0956020 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded, which is the best available predictor of who it will fund next -- and a much better basis for deciding whether to write to them than a mission statement.

Is something here wrong about your foundation? Email [email protected] and we will correct it.