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Also known as: FOUNDATION
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Charles B Wang Foundation is a private corporation based in OYSTER BAY, NY. The foundation received its IRS ruling in 1999. The principal officer is Robert T Bell. It holds total assets of $9M. Annual income is reported at $2.2M. Total assets have grown from $42K in 2010 to $9M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and California. According to available records, Charles B Wang Foundation has made 24 grants totaling $2.4M, with a median grant of $40K. Annual giving has decreased from $746K in 2021 to $265K in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 12 grants. Individual grants have ranged from $1K to $530K, with an average award of $99K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$95K
Largest Grant
$550K
Based on 6 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.
Charles B Wang 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 NY.
Charles B Wang Foundation has distributed a total of $2.4M across 24 grants. The median grant size is $40K, with an average of $99K. Individual grants have ranged from $1K to $530K.
Charles B Wang Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles B Wang Foundation is headquartered in OYSTER BAY, NY. The foundation primarily funds organizations in New York, California.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kimberly W Dey | VP/DIRECTOR | $0 | $0 | N/A |
| Jasmine Wang | VP/DIRECTOR | $0 | $0 | N/A |
| Cameron Wang | VP/DIRECTOR | $0 | $0 | N/A |
| Jiming Liang | SECRETARY | $0 | $0 | N/A |
| Arthur Mccarthy | TREASURER | $0 | $0 | N/A |
| Nancy Li | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$354K
Total Assets
$9M
Fair Market Value
$12.2M
Net Worth
$9M
Grants Paid
$265K
Contributions
N/A
Net Investment Income
$216K
Distribution Amount
$561K
Total: $8.2M
Total Grants
24
Total Giving
$2.4M
Average Grant
$99K
Median Grant
$40K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Clark Gillies FoundationHEALTH CARE SERVICES | Hauppauge, NY | $10K | 2022 |
| Soochow UniversityEDUCATION | Suzhou | $125K | 2023 |
| Northwell Health FoundationHEALTH CARE SERVICES | New Hyde Park, NY | $50K | 2023 |
| Islanders Children'S FoundationSOCIAL AND CULTURAL SERVICES | Floral Park, NY | $50K | 2023 |
| Charles B Wang Community Health CenterHEALTH CARE SERVICES | New York, NY | $30K | 2023 |
| Youth & Family Counseling Agency Of Oyster Bay East NorwichSOCIAL SERVICES | Oyster Bay, NY | $5K | 2023 |
| Life Enrichment Center At Oyster BaySOCIAL & CULTURAL SERVICES | Oyster Bay, NY | $3K | 2023 |
| Oyster Bay Main Street AssociationSOCIAL & CULTURAL SERVICES | Oyster Bay, NY | $3K | 2023 |
| Ubs Arena Foundation IncSOCIAL & CULTURAL SERVICES | Floral Park, NY | $50K | 2022 |
| Lustgarten FoundationHEALTH CARE SERVICES | Woodbury, NY | $15K | 2021 |
| Hunters For DeerSOCIAL AND CULTURAL SERVICES | East Quogue, NY | $1K | 2021 |