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Hsing Family Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2011. It holds total assets of $1.1M. Annual income is reported at $842K. Total assets have grown from $10K in 2011 to $771K 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 2016 to 2023. Funding is distributed across 4 states, including California, Georgia, Massachusetts. According to available records, Hsing Family Foundation has made 37 grants totaling $1.4M, with a median grant of $5K. Annual giving has grown from $32K in 2020 to $427K in 2023. Grantmaking activity was highest in 2022 with $956K distributed across 20 grants. Individual grants have ranged from $200 to $232K, with an average award of $38K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Massachusetts, Washington, New York, which account for 30% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$5K
Average Grant
$40K
Largest Grant
$152K
Based on 7 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.
Hsing Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in MA, WA, NY.
Hsing Family Foundation has distributed a total of $1.4M across 37 grants. The median grant size is $5K, with an average of $38K. Individual grants have ranged from $200 to $232K.
Hsing Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hsing Family Foundation is headquartered in SARATOGA, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael R Hsing | President & CEO | $0 | $0 | N/A |
| Sharon Z Hsing | CFO | $0 | $0 | N/A |
Total Giving
$433K
Total Assets
$771K
Fair Market Value
$12.8M
Net Worth
$771K
Grants Paid
$427K
Contributions
N/A
Net Investment Income
$536K
Distribution Amount
$504K
Total: $437K
Total Grants
37
Total Giving
$1.4M
Average Grant
$38K
Median Grant
$5K
Unique Recipients
19
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyTO SUPPORT THE CANCER RESEARCH AND TREATMENT. | San Francisco, CA | $200 | 2023 |
| Fidelity Charitable Gift FundTO PROVIDE GRANTS TO QUALIFIED US PUBLIC CHARITIES. | Boston, MA | $200K | 2023 |
| Virginia Mason Franciscan FoundatioTO SUPPORT THE ON GOING PROGRAM AND IMPROVE HEALTH CARE FOR THE COMMUNITY THROUGH PROGRAMS AND SERVICES AT VIRGINIA MASON MEDICAL CENTR. | Seattle, WA | $120K | 2023 |
| El Camino HospitalTO SUPPORT THE ON GOING PROGRAM AND MEDICAL RESEARCH. | Mountain View, CA | $40K | 2023 |
| Seattle Symphony OrchestraTO PROMOTE AND SUPPORT MUSIC DEVELOPMENT AND EDUCATION. | Seattle, WA | $20K | 2023 |
| Hawaii Community FoundationTO HELP THE REBUILT OF THE LOCAL COMMUNITY AFTER THE FIRE DISASTER. | Honolulu, HI | $20K | 2023 |
| National Collegiate Table Tennis AsTO SUPPORT THE ON GOING PROGRAM AND PROMOTE THE SPORTS. | San Francisco, CA | $10K | 2023 |
| Silicon Valley First TeeTO SUPPORT THE ON GOING PROGRAM AND PROMOTE THE SPORTS. | Santa Clara, CA | $5K | 2023 |
| Immanuel CombodiaTO PROMOTE THE EDUCATION TO THE CHILDREN IN POVERTY. | Cupertino, CA | $5K | 2023 |
| New Hope Chinese Cancer Care FoundaTO PROVIDE NEEDED SERVICE TO CHINESE CANCER PATIENTS AND FAMILIES. | Milpitas, CA | $5K | 2023 |
| Self Help For The ElderlySUPPORT THE ORGANIZATION TO PROVIDE ASSISTANCE AND CARE TO THE SENIORS IN THE SAN FRANCISCO AREA. | San Francisco, CA | $2K | 2023 |
| Fidelity Investment Charitable GiftTO PROVIDE GRANTS TO QUALIFIED US PUBLIC CHARITIES. | Boston, MA | $232K | 2022 |
| Michael J Fox FoundationTO PROMOTE THE RESEARCH AND EARLY DETECTION OF PARKINSON'S DISEASE. | New York, NY | $88K | 2022 |
| Virginia Mason FrancisanTO SUPPORT THE ON GOING PROGRAM AND MEDICAL RESEARCH. | Seattle, WA | $80K | 2022 |
| Healthier Kids FoundationTO PROMOTE AND IMPROVE CHILDREN'S HEALTH. | San Jose, CA | $3K | 2022 |
| Usa Table TennisHelp support ongoing programs including the juniors and cadets, cational team, paralympic programs. | Colorado Springs, CO | $20K | 2020 |
| San Jose Strokers Golf ClubSPARK THE INTEREST OF A YOUTH | San Jose, CA | $2K | 2020 |
| St Judes HospitalTo support and defeat childhood cancer and other life-threatening diseases. | San Francisco, CA | $220 | 2020 |
| Amrican Cancer SocietySupport the study of cancer and the treatment of cancer | Atlanta, GA | $200 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA