NET WORTH: Unknown
SOURCE OF WEALTH: National Semiconductor
FUNDING AREAS: Religious, Policy, Education, Medical, Social Improvement
OVERVIEW: Floyd Kvamme and his wife Jean move their philanthropy through the Jean and E. Floyd Kvamme Foundation, which funds religious organizations (primarily Christian), cultural, educational and medical organizations.
BACKGROUND: Floyd Kvamme graduated with a BSEE from UC Berkeley in 1959 and an MSE from Syracuse University in 1962. Kvamme helped found National Semiconductor in 1967, serving as general manager of semiconductor operations and helping to build the company into a billion-dollar business. From 2001 to 2008, he co-chaired President Bush's President's Council of Advisors on Science and Technology (PCAST). Kvamme is a partner emeritus at Kleiner Perkins Caufield & Byers.
RELIGIOUS: Kvamme and Jean met at a San Francisco church and had their first date at the 1958 Billy Graham crusade in San Francisco. The couple funds religious institutions via their foundation, including City Team Ministries, Emmaus Inn Ministries, International Justice Mission, Equipping to Serve Brazil, and Gateway Bible Church, which has received strong support lately.
POLICY: Given Kvamme’s work in government it’s no surprise that the family’s philanthropy considers these issues. Grantees include American Enterprise Institute, Ethics & Public Policy Center, and Pacific Research Institute.
EDUCATION: The couple supports Wheaton College, where Kvamme sits on the Wheaton Center for Faith, Politics & Economics advisory board. Other grantees include the George W. Bush Presidential Library and Hillsdale College. The couple made a seven-figure gift to West Valley College, creating the Jean and E. Floyd Kvamme Planetarium. The Kvammes have lived in Saratoga for decades and two of their sons built their own telescope.
MEDICAL: Grantees include Mercy Ships and Spondylitis Association of America (SAA), which deals with inflammatory arthritis affecting the spine and large joints. Kvamme Foundation Board Member Damon Kvamme is associated with SAA.
SOCIAL IMPROVEMENT: In the late 1990s, the couple purchased a ranch and Jean founded Lichen Oaks Adaptive Riding Center (LOARC), “a therapeutic horseback riding center.” Jean has been actively involved with horses since 1995 and is the owner of five Peruvian Paso horses.
LOOKING FORWARD: Expect the Kvammes to stick with their interest areas. Keep an eye on next generation of the Kvamme family's work through the foundation in coming years.
The Jean & E. Floyd Kvamme Foundation
P.O. Box 2494
Saratoga, CA 95070
Fax: (408) 354-0804