The Lemelson Foundation
Private foundation Portland, OR lemelson.org Still adding venture funds
The Lemelson Foundation reports 11 venture funds, $33M in all; 1 is new since its last report.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 1 fund on this one was not on the one for December 31, 2023.
The numbers
| Vintage | Venture funds |
|---|---|
| 2013 | 1 |
| 2014 | 0 |
| 2015 | 0 |
| 2016 | 0 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 1 |
| 2022 | 1 |
Updates from The Lemelson Foundation
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Sosv IV | SOSV | — | $11M |
| Sosv III | SOSV | — | $9.8M |
| Azolla Ventures - Prime Coalition-Pri Emerging manager | Azolla Management Company, LP | — | $2.3M |
| Elevar Equity III LP | Elevar Equity Management Ltd. | 2013 | $2.3M |
| Venture Investment Assoc, VI LP | — | — | $2M |
In the app: 6 more venture funds, the 2 firms it pays to manage or advise on its investments. Open The Lemelson Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- The Harold & Arlene Schnitzer Care Foundation
- James F & Marion L Miller Foundation
- The Collins Foundation
- Yarg Foundation
- Ronald W Naito MD Foundation
- Raymond Family Foundation
- The Johnson Charitable Trust
- Wayne D Kuni and Joan E Kuni Foundation
15 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.
Share this page
For a post, a deck, or a note to your partners: image (PNG) · vector (SVG).
