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Green Ocean Foundation is a private corporation based in CUPERTINO, CA. The foundation received its IRS ruling in 2017. It holds total assets of $2.2M. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Green Ocean Foundation has made 4 grants totaling $99K, with a median grant of $3K. Annual giving has decreased from $93K in 2022 to $3K in 2024. Individual grants have ranged from $3K to $90K, with an average award of $25K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Tennessee. Contributions to this foundation are tax-deductible.
Green Ocean Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, TN.
Green Ocean Foundation has distributed a total of $99K across 4 grants. The median grant size is $3K, with an average of $25K. Individual grants have ranged from $3K to $90K.
Green Ocean Foundation typically selects its grantees rather than accepting unsolicited proposals.
Green Ocean Foundation is headquartered in CUPERTINO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yuan Ning Tseng | President & CEO | $0 | $0 | $0 |
| Shih Chang Chang | Secretary & CFO | $0 | $0 | $0 |
Total Giving
$94K
Total Assets
$2.1M
Fair Market Value
$2.7M
Net Worth
$2.1M
Grants Paid
$3K
Contributions
$297K
Net Investment Income
$120K
Distribution Amount
$116K
Total: $1.9M
Total Grants
4
Total Giving
$99K
Average Grant
$25K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chang Tseng Family FoundationTo provide financial relief to the poor. The distressed and underprivileged; support advancement of education and science; support universities, schools, libraries, churches, temples and other places of general public benefit. | Cupertino, CA | $90K | 2022 |
| St Jude InternetTo advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. | Memphis, TN | $3K | 2024 |
Other foundations that have funded Green Ocean Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Red Hippo Foundation | $60K | 2023 | To support advancement of education, science and music. To develop and expand a variety of philanthropic missions for the general public. To support churches, universities, schools, libraries, local community events and other places of general public benefit. To support efforts to create and improve opportunities for children and the elderly. |
| Red Hippo Foundation | $60K | 2023 | To support advancement of education, science and music. To develop and expand a variety of philanthropic missions for the general public. To support churches, universities, schools, libraries, local community events and other places of general public benefit. To support efforts to create and improve opportunities for children and the elderly. |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
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