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Fortune Home Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 2009. The principal officer is Jian Zhang. It holds total assets of $214K. Annual income is reported at $11.2M. The foundation is governed by 2 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. Funding is distributed across 6 states, including California, Michigan, Ohio. According to available records, Fortune Home Foundation has made 16 grants totaling $48K, with a median grant of $2K. Annual giving has decreased from $18K in 2020 to $13K in 2023. Individual grants have ranged from $1K to $9K, with an average award of $3K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Iowa, Ohio, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$5K
Based on 8 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.
Fortune Home Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, IA, OH.
Fortune Home Foundation has distributed a total of $48K across 16 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $9K.
Fortune Home Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fortune Home Foundation is headquartered in SAN JOSE, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jian Zhang | PRESIDENT | $0 | $0 | N/A |
| Fan Gong | CFO | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$240K
Fair Market Value
$240K
Net Worth
$240K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$1K
Distribution Amount
$11K
Total: $86K
Total Grants
16
Total Giving
$48K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
9
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Humane SocietyCHARITY | Washington, DC | $3K | 2020 |
| Castilleja School FoundationSupport School Activities | Palo Alto, CA | $9K | 2023 |
| University Of PennsylvaniaSupporting School Activities | Palo Alto, CA | $2K | 2023 |
| The University Of Iowa Center For ASupport Youth Writing Program | Iowa City, IA | $2K | 2023 |
| Csssa FoundationDONATION | Sacramento, CA | $2K | 2022 |
| The University Of Iowa Center Fro AdvancementDONATION | Iowa City, IA | $2K | 2022 |
| Interlochen Center For The Arts AdvancementDONATION | Interlochen, MI | $2K | 2022 |
| Kenyon ReviewDONATION | Gambier, OH | $2K | 2022 |
| Vmc FoundationCHARITY | San Jose, CA | $5K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA