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75 Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 2014. The principal officer is % Jiangfeng Wu. It holds total assets of $568K. Annual income is reported at $13K. Harvard University ran a free summer program for high school students with the mission to give young students opportunities to learn about AI/ML and to allow students from diverse backgrounds to have more opportunities to access quality education. This aligns with our 75 Foundation goal. So we contributed $5000 to the program and will continue to contribute in the following years. According to available records, 75 Foundation has made 4 grants totaling $16K, with a median grant of $5K. Annual giving has grown from $500 in 2021 to $5K in 2024. Grantmaking activity was highest in 2023 with $10K distributed across 2 grants. Individual grants have ranged from $500 to $5K, with an average award of $4K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Massachusetts. Contributions to this foundation are tax-deductible.
75 Foundation explored opportunities to jointly improve the afterschool STEM programs of Valley Christian School in San Jose.
Expenses: $500
Other programs 75 Foundation had helped, such as Bret Harte 3D Printing Club or Leland Speech Debate Program did not move forward as before. Hope to get back to normal after COVID-19 is under control.
Harvard University ran a free summer program for high school students with the mission to give young students opportunities to learn about AI/ML and to allow students from diverse backgrounds to have more opportunities to access quality education. This aligns with our 75 Foundation goal. So we contributed $5000 to the program and will continue to contribute in the following years. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, MA.
75 Foundation has distributed a total of $16K across 4 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $500 to $5K.
75 Foundation typically selects its grantees rather than accepting unsolicited proposals.
75 Foundation is headquartered in SAN JOSE, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jiangfeng Wu | President & CEO | $0 | $0 | $0 |
| Hai Qi | Secretary | $0 | $0 | $0 |
Total Giving
$10K
Total Assets
$574K
Fair Market Value
$626K
Net Worth
$574K
Grants Paid
$5K
Contributions
$0
Net Investment Income
$19K
Distribution Amount
$30K
Total: $66K
Total Grants
4
Total Giving
$16K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard UniversityFor devoted to excellence in teaching, learning, and research, and to developing leaders who make a difference globally. | Cambridge, MA | $5K | 2024 |
| Valley Christian SchoolTo provide a nurturing environment offering quality education supported by a strong foundation of Christian values in partnership with parents, equipping students to become leaders to serve God, to serve their families, and to positively impact their communities and the world. | San Jose, CA | $5K | 2023 |
Other foundations that have funded 75 Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Rotary Club Of Trenton New Jersey Charitable Foundation | $3K | 2022 | FOOD INSECURITYFEEDING PROGRAM |
LOS GATOS, CA
MOUNTAIN VIEW, CA
ALTADENA, CA
SOUTH SAN FRANCISCO, CA
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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