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Ge Li & Ning Zhao Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is % Foundation Source. It holds total assets of $309.6M. Annual income is reported at $844.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ge Li & Ning Zhao Family Foundation has made 18 grants totaling $25.4M, with a median grant of $1M. Individual grants have ranged from $15K to $4M, with an average award of $1.4M. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, California, which account for 67% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Ge Li & Ning Zhao Family Foundation 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 NY, PA, CA.
Ge Li & Ning Zhao Family Foundation has distributed a total of $25.4M across 18 grants. The median grant size is $1M, with an average of $1.4M. Individual grants have ranged from $15K to $4M.
Ge Li & Ning Zhao Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ge Li & Ning Zhao Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jun Zhao | VP | $0 | $0 | $0 |
| Dr Ge Li | Dir | $0 | $0 | $0 |
| Dr Ning Zhao | Dir, Pres | $0 | $0 | $0 |
| Teddy Wang | Treas | $0 | $0 | $0 |
| Lawrence Zhang | Sec | $0 | $0 | $0 |
Total Giving
$12.6M
Total Assets
$282.6M
Fair Market Value
$268.1M
Net Worth
$282.6M
Grants Paid
$10.2M
Contributions
$17.6M
Net Investment Income
$51.9M
Distribution Amount
$11.3M
Total: $251.8M
Total Grants
18
Total Giving
$25.4M
Average Grant
$1.4M
Median Grant
$1M
Unique Recipients
7
Most Common Grant
$15K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Memorial Sloan-Kettering Cancer Center The SocietTO ESTABLISH THE NING ZHAO & GE LI FAMILY INITIATIVE FOR LUNG CANCER RESEARCH AND NEW THERAPIES | New York, NY | $4M | 2022 |
| Columbia University In The City Of New YorkFOR THE BENEFIT OF COLUMBIA COLLEGE, THE FACULTY OF ARTS AND SCIENCES AND THE GRADUATE SCHOOL OF ARTS & SCIENCES | New York, NY | $3M | 2022 |
| Trustees Of The University Of PennsylvaniaFootball Facility Fund, Coaches Fund, Basketball Varsity Fund, Field Hockey Varsity Fund, the Field Hockey Impact Fund, and the Women's Athletics Endowment Fund, Student-Athlete Fund, Li Basketball Endowment Fund and the Women's Basketball Foreign Trip Fund at the Division of Recreation and Intercollegiate Athletics of the university. | Philadelphia, PA | $2M | 2022 |
| Peking University Education Foundation Usaendowment fund at the Yenching Academy of Peking University | Millbrae, CA | $1.6M |
| 2022 |
| Peddie SchoolZhao Li Family Endowed Scholarship Fund | Hightstown, NJ | $1M | 2022 |
| Fred Hutchinson Cancer CenterGeneral & Unrestricted | Seattle, WA | $15K | 2022 |
| Somerset Hills Learning Institute IncGeneral & Unrestricted | Bedminster, NJ | $15K | 2022 |
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