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Ac Foundation is a private corporation based in CUPERTINO, CA. The foundation received its IRS ruling in 2009. It holds total assets of $8.2M. Annual income is reported at $10.6M. Total assets have grown from $609K in 2011 to $8.2M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in California and Mississippi. According to available records, Ac Foundation has made 24 grants totaling $1.3M, with a median grant of $19K. The foundation has distributed between $228K and $555K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $555K distributed across 10 grants. Individual grants have ranged from $438 to $204K, with an average award of $52K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$20K
Average Grant
$46K
Largest Grant
$100K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ac Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in CA, MS.
Ac Foundation has distributed a total of $1.3M across 24 grants. The median grant size is $19K, with an average of $52K. Individual grants have ranged from $438 to $204K.
Ac Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (800473481) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ac Foundation is headquartered in CUPERTINO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yong Jian Wang | CEO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.2M
Fair Market Value
N/A
Net Worth
$8.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$1.3M
Average Grant
$52K
Median Grant
$19K
Unique Recipients
8
Most Common Grant
$23K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| West Valley-Mission Comm College DiCHARITY PURPOSE | Saratoga, CA | $200K | 2023 |
| International Students IncCHARITY PURPOSE | San Jose, CA | $11K | 2023 |
| Chp 11-99 FoundationCHARITY PURPOSE | Costa Mesa, CA | $10K | 2023 |
| Valley ChurchCHARITY PURPOSE | Cupertino, CA | $7K | 2023 |
| The Church In CupertinoCHARITY PURPOSE | Cupertino, CA | $1K | 2023 |
| Filoli Historical HeritageCHARITABLE PURPOSE | Woodside, CA | $17K | 2022 |
| Delta State University FoundationCHARITY PURPOSE | Cleveland, MS | $5K | 2020 |
| YmcaCHARITABLE PURPOSE | San Jose, CA | $3K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA