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Hao Family Foundation is a private corporation based in SARATOGA SPGS, NY. The foundation received its IRS ruling in 2017. The principal officer is The Ayco Company. It holds total assets of $304.1M. Annual income is reported at $192.5M. Total assets have grown from $57.7M in 2019 to $304.1M in 2024. The foundation is governed by 3 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 2017 to 2024. According to available records, Hao Family Foundation has made 3 grants totaling $4.3M, with a median grant of $200K. Individual grants have ranged from $200K to $3.9M, with an average award of $1.4M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
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.
Hao Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY, CA.
Hao Family Foundation has distributed a total of $4.3M across 3 grants. The median grant size is $200K, with an average of $1.4M. Individual grants have ranged from $200K to $3.9M.
Hao Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hao Family Foundation is headquartered in SARATOGA SPGS, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathon Bernstein | SECRETARY | $0 | $0 | N/A |
| Kenneth Y Hao | PRESIDENT / CHAIR OF BOARD | $0 | $0 | N/A |
| Kathy P Chiao | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$304.1M
Fair Market Value
N/A
Net Worth
$304.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$4.3M
Average Grant
$1.4M
Median Grant
$200K
Unique Recipients
3
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Goldman Sachs Philanthropy FundGENERAL SUPPORT | New York, NY | $3.9M | 2022 |
| Asian Art MuseumCAMPAIGN | San Francisco, CA | $200K | 2022 |
| Menlo SchoolFINANCIAL AID PURPOSES AND ASSOCIATED CENTENNIAL SCHOLAR EDUCATIONAL RESOURCES | Atherton, CA | $200K | 2022 |