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Fosun Foundation New York is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is Wei Bo. It holds total assets of $1.3M. Annual income is reported at $70K. 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 2020 to 2023. The foundation primarily funds organizations in New York, California and Illinois. According to available records, Fosun Foundation New York has made 36 grants totaling $1.6M, with a median grant of $35K. Annual giving has decreased from $744K in 2020 to $195K in 2023. Individual grants have ranged from $143 to $140K, with an average award of $45K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Illinois, New York, California, which account for 61% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$100K
Average Grant
$97K
Largest Grant
$140K
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.
Fosun Foundation New York primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in IL, NY, CA.
Fosun Foundation New York has distributed a total of $1.6M across 36 grants. The median grant size is $35K, with an average of $45K. Individual grants have ranged from $143 to $140K.
Fosun Foundation New York typically selects its grantees rather than accepting unsolicited proposals.
Fosun Foundation New York is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ying Shen | CFO | $0 | $0 | N/A |
| Wei Bo | DIRECTOR | $0 | $0 | N/A |
Total Giving
$204K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$195K
Contributions
$110K
Net Investment Income
N/A
Distribution Amount
$69K
Total Grants
36
Total Giving
$1.6M
Average Grant
$45K
Median Grant
$35K
Unique Recipients
27
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of ChicagoGENERAL SUPPORT | Chicago, IL | $100K | 2023 |
| The Webb SchoolsGENERAL SUPPORT | Claremont, CA | $70K | 2023 |
| Foundation For The Global CompactGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Asian SocietyGENERAL SUPPORT | New York, NY | $50K | 2021 |
| United Way Of Essex And West HudsonCOVID-19 RELIEF | Newark, NJ | $90K | 2020 |
| The Alliance For Downtown New York IncCOVID-19 RELIEF | Newyork, NY | $90K | 2020 |
| Community Help In Park Slope IncCOVID-19 RELIEF | Brooklyn, NY | $77K | 2020 |
| The Salvation ArmyCOVID-19 RELIEF | Alexandria, VA | $64K | 2020 |
| University Of Connecticut Health Center AuxiliaryCOVID-19 RELIEF | Farmington, CT | $60K | 2020 |
| Centrastate Medical CenterCOVID-19 RELIEF | Freeholf Township, NJ | $60K | 2020 |
| Clara Maass Medical CenterCOVID-19 RELIEF | Belleville, NJ | $60K | 2020 |
| Nyu Langone HospitalCOVID-19 RELIEF | Mineola, NY | $50K | 2020 |
| Levindale HospitalCOVID-19 RELIEF | Baltimore, MD | $40K | 2020 |
| Montefiore Health SystemCOVID-19 RELIEF | Bronx, NY | $30K | 2020 |
| Monmouth Medical Center Southern CampusCOVID-19 RELIEF | Lakewood, NJ | $30K | 2020 |
| St Lukes Methodist HospitalCOVID-19 RELIEF | Cedar Rapids, IA | $30K | 2020 |
| Phoebe Putney Memorial HospitalCOVID-19 RELIEF | Albany, GA | $20K | 2020 |
| Altamed Health Services CorpCOVID-19 RELIEF | West Covina, CA | $10K | 2020 |
| Brockton HospitalCOVID-19 RELIEF | Brockton, MA | $10K | 2020 |
| St Luke'S Roosevelt Hospital CenterCOVID-19 RELIEF | Newyork, NY | $6K | 2020 |
| Rwj Barnabas HealthCOVID-19 RELIEF | West Orange, NJ | $4K | 2020 |
| White Plains Hospital Medical CenterCOVID-19 RELIEF | White Plains, NJ | $1K | 2020 |
| New York City Health & Hospitals CorporaionCOVID-19 RELIEF | Newyork, NY | $1K | 2020 |
| Stanford Medical CenterCOVID-19 RELIEF | Redwood City, CA | $1K | 2020 |
| Boston Children'S Hospital Childrens Hospital CorporationCOVID-19 RELIEF | Boston, MA | $1K | 2020 |
| Massachusetts Eye And Ear Partners Healthcare System IncCOVID-19 RELIEF | Boston, MA | $715 | 2020 |
| Sutter HealthCOVID-19 RELIEF | Sacramento, CA | $143 | 2020 |