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David And Lily Ho Foundation Corporation is a private corporation based in RESTON, VA. The foundation received its IRS ruling in 2021. The principal officer is David Ho. It holds total assets of $278K. Annual income is reported at $45K. Total assets have grown from N/A in 2020 to $305K in 2023. The foundation is governed by 3 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 2023. According to available records, David And Lily Ho Foundation Corporation has made 18 grants totaling $167K, with a median grant of $3K. Annual giving has grown from $48K in 2021 to $119K in 2022. Individual grants have ranged from $1K to $40K, with an average award of $9K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Georgia, District of Columbia, Massachusetts, which account for 44% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
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.
David And Lily Ho Foundation Corporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in GA, DC, MA.
David And Lily Ho Foundation Corporation has distributed a total of $167K across 18 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $1K to $40K.
David And Lily Ho Foundation Corporation typically selects its grantees rather than accepting unsolicited proposals.
David And Lily Ho Foundation Corporation is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patrick Ho | SECRETARY | $0 | $0 | N/A |
| Lily Ho | TREASURER | $0 | $0 | N/A |
| David Ho | PRESIDENT | $0 | $0 | N/A |
Total Giving
$66K
Total Assets
$305K
Fair Market Value
$297K
Net Worth
$305K
Grants Paid
$61K
Contributions
$60K
Net Investment Income
N/A
Distribution Amount
$15K
Total: N/A
Total Grants
18
Total Giving
$167K
Average Grant
$9K
Median Grant
$3K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Georgia Tech FoundationMAKING A POSITIVE IMPACT ON THE GEORGIA TECH COMM | Atlanta, GA | $40K | 2022 |
| International Leadership FoundationPROMOTE THE CIVIC AWARENESS & INVOLVEMENT OF APA | Washington, DC | $8K | 2022 |
| Massachusetts Institute Of TechnoloMAKING A POSITIVE IMPACT ON THE MIT CAMPUS | Cambridge, MA | $5K | 2022 |
| Rho Psi FoundationAID CHINESE YOUTH IN EDUCATION DEV AND LEARNING | Haymarket, VA | $3K | 2022 |
| Tzu Chi FoundationTO RELIEVE THE SUFFERING OF THOSE IN NEED | San Dimas, CA | $2K | 2022 |
| Yumi Cares Foundation IncBRING ART THERAPY TO PEDIATRIC PATIENTS | Ellicott City, MD | $1K | 2022 |
| Deh-Ming Chinese School IncAID CHINESE YOUTH IN EDUCATION DEV AND LEARNING | Bowie, MD | $1K | 2022 |