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Kavli Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Kavli Foundation

1801 Solar Dr Ste 250

Oxnard, CA United States 93030-8297

Telephone: (805) 983-6000

URL: www.kavlifoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $613,506,799

Total giving: $9,046,402

EIN

770560142

BRIDGE Number

6237778898

Background

Established in 2000 in CA - Fred Kavli was born in Norway and received his education in physics at the Norwegian Institute of Technology, financing his studies with proceeds form a business venture he and his brother ran as teenagers during World War II. He came to the United States in 1956 to launch a business and two years later founded the Kavlico Corporation, located in Moorpark, California. Under his leadership, the company became one of the world's largest suppliers of sensors for aeronautic, automotive, and industrial applications. The company received many distinguished awards, and Mr. Kavli patented numerous technological breakthroughs. He remained C.E.O. and sole shareholder of the company until he divested his interest in 2000. He subsequently established The Kavli Foundation

Purpose and Activities

The foundation is dedicated to the goals of advancing science for the benefit of humanity and promoting increased public understanding of and support for scientists and their work. The foundation has selected three areas in which to focus its activities: astrophysics, neuroscience, and nanoscience. An international program of research institutes, prizes, symposia, and endowed professorships is being established to further these goals.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Kavli Prizes

The main object is to award three international prizes for outstanding scientific work in the fields of Astrophysics, Nanoscience and Neuroscience. The purpose of the prize is to: a) recognize outstanding scientific research; b) honor highly creative scientists; c) promote public understanding of scientists and their work; and d) foster international cooperation among scientists. The prize will consist of US $1,000,000, a scroll, and a medal. The nomination process will be open to all who wish to nominate candidates, but self-nominations will not be accepted. The prize can be awarded to a single person or shared for closely related fundamental contributions. Deceased persons cannot be nominated. Candidates for each of the Kavli Prizes are reviewed by the Prize Committees constituted of leading international scientists. For additional information see: http://www.kavliprize.no/.

Fields of Interest

Subjects
  • Education
  • Higher education
  • Science
  • University education
Population Groups
  • Academics

Financial Data

Year ended 2014-12-31

Assets: $613,506,799 (market value)

Gifts received: $48,670,251

Expenditures: $17,605,451

Total giving: $9,046,402

Qualifying distributions: $12,726,863