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Coleman Fung Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2006. The principal officer is Foundation Source. It holds total assets of $13.1M. Annual income is reported at $4.7M. Total assets have decreased from $16.6M in 2011 to $13.1M in 2024. The foundation is governed by 4 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 2020 to 2024. The foundation primarily funds organizations in California and Texas. According to available records, Coleman Fung Foundation Inc. has made 15 grants totaling $6.8M, with a median grant of $500K. Annual giving has grown from $1.5M in 2021 to $2M in 2023. Grantmaking activity was highest in 2022 with $3.3M distributed across 8 grants. Individual grants have ranged from $100K to $833K, with an average award of $454K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and California and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$200K
Median Grant
$500K
Average Grant
$511K
Largest Grant
$833K
Based on 3 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.
Coleman Fung Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in TX, CA, DC.
Coleman Fung Foundation Inc. has distributed a total of $6.8M across 15 grants. The median grant size is $500K, with an average of $454K. Individual grants have ranged from $100K to $833K.
Coleman Fung Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Coleman Fung Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tim Yates | VP | $0 | $0 | N/A |
| Ted Yates | VP | $0 | $0 | N/A |
| Kathryn Mcmorrow | VP | $0 | $0 | N/A |
| Coleman Fung | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$13.1M
Fair Market Value
N/A
Net Worth
$13.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$6.8M
Average Grant
$454K
Median Grant
$500K
Unique Recipients
4
Most Common Grant
$833K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of Texas At AustinDell Medical School Neuroplasticity research fund by the Mulva Clinic for the Neurosciences | Austin, TX | $833K | 2023 |
| Stanford UniversityThe Coleman Fung D. School University Innovation Fellows Fund in the School of Engineering | Stanford, CA | $750K | 2023 |
| University Of California Berkeley FoundationEngineering Student Center Expansion and Renovation Fund | Berkeley, CA | $250K | 2023 |
| Georgetown UniversityInternational Centennial Labs Endowment (Pledge # XXX-XX-XXXX) of Georgetown University Other | Washington, DC | $100K | 2022 |