Initiative for Digital Engineering
FALMOUTH, ME EIN: 83-1372987
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
—
-100.0% YoY
Annual Giving
$49.1M
Grant Count
1
Avg Grant Size
$49.1M
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $42,237,873 | $26,872,146 |
| Revenue | $8,160,481 | $15,034,369 | $11,747,907 |
| Expenses | $49,150,358 | $47,346 | $74,251 |
| Qualifying Distributions | $49,108,427 | — | — |
| Net Investment Income | $28,931 | $34,369 | $18,407 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Initiative for Digital Engineering fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA ROUX | BOARD MEMBER | 2.5 | — |
| CHARLES HEWETT | BOARD MEMBER/EXECUTIVE DIRECTOR | 40 | $390,964 |
| DAVID ROUX | BOARD CHAIR | 10 | — |
| FORD REICHE | CHIEF OPERATING OFFICER | 40 | $337,500 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $49.1M (100%)
States
Cities
Boston
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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