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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. Total assets have grown from $1.7M in 2019 to $2.1M in 2023. 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 2018 to 2024. The foundation primarily funds organizations in California and Tennessee. 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.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$30K
Largest Grant
$90K
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.
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 | N/A |
| Shih Chang Chang | Secretary & CFO | $0 | $0 | N/A |
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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA