//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $98.9M in 2020 to $309.6M in 2024. The foundation is governed by 5 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 2024. The foundation primarily funds organizations in New York, New Jersey and California. 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.
Smallest Grant
$5K
Median Grant
$250K
Average Grant
$1.7M
Largest Grant
$4M
Based on 5 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.
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 | N/A |
| Dr Ge Li | Dir | $0 | $0 | N/A |
| Dr Ning Zhao | Dir, Pres | $0 | $0 | N/A |
| Teddy Wang | Treas | $0 | $0 | N/A |
| Lawrence Zhang | Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$309.6M
Fair Market Value
N/A
Net Worth
$309.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$25.4M
Average Grant
$1.4M
Median Grant
$1M
Unique Recipients
7
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| 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 |