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LOCKHEED MARTIN CORPORATION FNDN

BETHESDA, MD 136161566 N A

The Lockheed Martin Corporation Foundation supports various initiatives in military, education, and community development, with a focus on STEM, and operates with a small team of unpaid officers.

Overview

About LOCKHEED MARTIN CORPORATION FNDN

The Lockheed Martin Corporation Foundation, based in Bethesda, Maryland, is a philanthropic arm of Lockheed Martin Corporation. Despite having assets of $10,800, the foundation reported no revenue and expenses totaling $280,000. It focuses on a wide range of subject areas including military personnel, veterans, arts and culture, education (particularly in STEM fields), environment, health, public affairs, national security, and community development. The foundation has funded initiatives in cities such as San Antonio, Texas, and Washington, D.C. Key personnel include Lauren R. Barclay (Assistant Secretary), Ramon P. Cordero (Assistant Treasurer), Tiffany R. King (Secretary), and Maria A. Ricciardone (Treasurer), all of whom work voluntarily without compensation.

Focus Areas

Military personnelVeteransArts and cultureEducationElementary and secondary educationEnvironmentHealthScienceTechnologyEngineeringMathematicsPublic affairsNational securityNational defenseCommunity and economic developmentHuman services- Less

Geographic Focus

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $11K
Total Awarded This Year $280K
Average Grant Size $140K
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
BETHESDA, MD US
Geographic Funding Distribution

Financials

Total Assets
$10,800

in 2024, compared to $290,800 in 2023

Annual Grants
$280,000

2 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$195,000Student Veterans of AmericaSTEM-K-12 OVERALL1012 14th Street NW Washington, DC US2024
$85,000Operation HomefrontSTEM-K-12 OVERALL17319 San Pedro Avenue San Antonio, TX US2024
2 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
JPA
JARROD P AGEN
CHAIRMAN OF THE BOAR$02023
JPA
JARROD P AGEN
TRUSTEE$02023
LRB
LAUREN R BARCLAY
ASST. SECRETARY$02023
RPC
RAMON P CORDERO
ASST. TREASURER$02023
TRK
TIFFANY R KING
TRUSTEE$02023
TRK
TIFFANY R KING
SECRETARY$02023
LDM
LARRY D MILLER
TRUSTEE$02023
JMR
JASON M RUDINSKY
TRUSTEE$02023
AAS
ANDREW A SCHMIDT
TRUSTEE$02023
ETS
EVAN T SCOTT
TREASURER$02023
14 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025