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Demeng Foundation is a private corporation based in BELLEVUE, WA. The foundation received its IRS ruling in 2022. The principal officer is Care Of Ms Tracy Zheng. It holds total assets of $650. Annual income is reported at N/A. Total assets have decreased from $19K in 2021 to $1K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Demeng Foundation has made 8 grants totaling $1.4M, with a median grant of $100K. The foundation has distributed between $200K and $1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1M distributed across 4 grants. Individual grants have ranged from $1K to $400K, with an average award of $175K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Pennsylvania and Connecticut. 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.
Demeng Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in PA, CT.
Demeng Foundation has distributed a total of $1.4M across 8 grants. The median grant size is $100K, with an average of $175K. Individual grants have ranged from $1K to $400K.
Demeng Foundation typically selects its grantees rather than accepting unsolicited proposals.
Demeng Foundation is headquartered in BELLEVUE, WA. While based in WA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Qian Meng | PRESIDENT AND TREASURER | $0 | $0 | N/A |
Total Giving
$203K
Total Assets
$1K
Fair Market Value
$1K
Net Worth
$1K
Grants Paid
$201K
Contributions
$205K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$1.4M
Average Grant
$175K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of PennsylvaniaTO PROMOTE MUSIC EDUCATION | Philadelphia, PA | $200K | 2023 |
| Ray NassarSCHOLARSHIP | West Haven, CT | $1K | 2023 |
| Curtis Institute Of MusicTO PROMOTE MUSIC EDUCATION | Philadelphia, PA | $100K | 2022 |