OVERVIEW: The Lockheed Martin Foundation focuses its science education grants on projects that promote student achievement, teacher development, and gender and ethnic diversity in science, technology, engineering, and mathematics.
IP TAKE: This is a surprisingly approachable corporate funder that tends to award grants for a period of one year. This makes it a great resources for newcomers to the STEM funding field.
PROFILE: The Lockheed Martin Foundation is the philanthropic arm of the global aerospace and advanced technologies company Lockheed Martin. Grantmaking “supports the corporation’s strategic business goals and invests in the quality of life” where its employees live and work. One focus is science education, particularly STEM (science, technology, engineering, and mathematics.)
Lockheed’s STEM education program supports outreach programs for students from elementary school to college. The foundation is interested in projects that promote student achievement, teacher development, and gender and ethnic diversity in STEM.
Lockheed doesn’t specify minimum and maximum grant amounts. According to its latest tax filings, grants range anywhere from $2,000 up to $1.5 million. Most grants, however, are $10,000 to $50,000.
The foundation accepts unsolicited grant applications throughout the year, with preference given to regions of the country where it has a significant business and employee presence. Those interested in a grant should contact the communications representative at the Lockheed Location nearest them. National grants are made from the company’s corporate headquarters.
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