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David N K And Aileen Wang Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2000. The principal officer is David N K Wang. It holds total assets of $3.3M. Annual income is reported at $190K. Total assets have grown from $1.4M in 2011 to $3.3M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in California. According to available records, David N K And Aileen Wang Foundation has made 26 grants totaling $414K, with a median grant of $13K. The foundation has distributed between $78K and $136K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $136K distributed across 10 grants. Individual grants have ranged from $1K to $75K, with an average award of $16K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in California, Connecticut, South Carolina, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
David N K And Aileen Wang Foundation reported 26 individual grants totaling $414,000 between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $12,500. Half of those grants fell between $3,500 and $20,000. Its largest single grant in the record was $75,000. Its most recent available filing, for fiscal year 2023, reports $133,662 in total giving.
Grantmaking is concentrated in CA, which received 21 of the 26 grants on record (81 percent). In total the foundation's grantees span 4 states. Of its 14 distinct grantees, 57 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Corp Charity Giving ($30,000) and Hakone Foundation ($20,000).
Computed from 26 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 4 states. Source: IRS 990-PF.
Smallest Grant
$1K
Median Grant
$16K
Average Grant
$27K
Largest Grant
$75K
Based on 4 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.
David N K And Aileen Wang Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in CA, CT, SC.
David N K And Aileen Wang Foundation has distributed a total of $414K across 26 grants. The median grant size is $13K, with an average of $16K. Individual grants have ranged from $1K to $75K.
David N K And Aileen Wang Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (770529548) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
David N K And Aileen Wang Foundation is headquartered in SARATOGA, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David N K Wang | President & CEO | $0 | $0 | N/A |
| Pearl Wang | Secretary | $0 | $0 | N/A |
| Aileen A P Wang | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.3M
Fair Market Value
N/A
Net Worth
$3.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
26
Total Giving
$414K
Average Grant
$16K
Median Grant
$13K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cycudf-NaCHARITY PURPOSE | Milpitas, CA | $32K | 2023 |
| Dv DanceCHARITY PURPOSE | San Jose, CA | $18K | 2023 |
| Second Harvest Of Silicon ValleyCHARITY PURPOSE | San Jose, CA | $15K | 2023 |
| Evangelical Chinese Church Of SeattCHARITY PURPOSE | Seattle, WA | $10K | 2023 |
| The Salvation ArmyCHARITY PURPOSE | San Jose, CA | $3K | 2023 |
| Save The ChildrenCHARITY | Fairfield, CT | $20K | 2022 |
| Corp Charity GivingCHARITY | Charleston, SC | $15K | 2022 |
| Hakone FoundationCHARITY | Saratoga, CA | $10K | 2022 |
| Uc BerkleyCHARITBLE | Saratoga, CA | $75K | 2021 |
| Second Harvest Food BankCHARITABLE | San Jose, CA | $30K | 2021 |
| Greene Scholars ProgramCHARITY | Santa Clara, CA | $1K | 2021 |
| Montalvo Arts CenterCHARITY PURPOSE | Saratoga, CA | $10K | 2020 |
| Sf-Taipei Sister CityCHARITABLE | San Francisco, CA | $5K | 2020 |
| FcsnCHARITABLE | San Jose, CA | $2K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA