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Jeff & Sherry Hwang Foundation is a private corporation based in HAYMARKET, VA. The foundation received its IRS ruling in 2018. The principal officer is Heu Li Hwang. It holds total assets of $1.4M. Annual income is reported at $1M. Total assets have grown from $244K in 2019 to $640K in 2023. 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 2023. The foundation primarily funds organizations in Virginia, Maryland and Pennsylvania. According to available records, Jeff & Sherry Hwang Foundation has made 43 grants totaling $659K, with a median grant of $1K. The foundation has distributed between $130K and $199K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $199K distributed across 5 grants. Individual grants have ranged from $130 to $120K, with an average award of $15K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Virginia, California, Maryland, which account for 77% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$20K
Average Grant
$29K
Largest Grant
$90K
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.
Jeff & Sherry Hwang Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in VA, CA, MD.
Jeff & Sherry Hwang Foundation has distributed a total of $659K across 43 grants. The median grant size is $1K, with an average of $15K. Individual grants have ranged from $130 to $120K.
Jeff & Sherry Hwang Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeff & Sherry Hwang Foundation is headquartered in HAYMARKET, VA. While based in VA, the foundation distributes grants to organizations across 9 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$148K
Total Assets
$640K
Fair Market Value
$640K
Net Worth
$640K
Grants Paid
$130K
Contributions
$259K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
43
Total Giving
$659K
Average Grant
$15K
Median Grant
$1K
Unique Recipients
21
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Buddhist Tzu Chi FoundationDisaster Relief | San Dimas, CA | $100K | 2023 |
| American Red CrossDisaster Relief | Fairfax, VA | $20K | 2023 |
| Black Girls CodeSTEM | Oakland, CA | $2K | 2023 |
| Dream CorpsSTEM | Oakland, CA | $1K | 2023 |
| All Star CodeSTEM | New York, NY | $1K | 2023 |
| Outdoor OutreachCharity | San Diego, CA | $521 | 2023 |
| Childrens InnCharity | Bethesda, MD | $520 | 2023 |
| World Central KitchenCharity | Washington, DC | $520 | 2023 |
| The Jobs Partnership Of FloridaCharity | Winter Park, FL | $513 | 2023 |
| ForkidsCharity | Chesapeake, VA | $500 | 2023 |
| Chris Long FoundationCharity | Clayton, MO | $500 | 2023 |
| Anna Sudha Community KitchensCharity | Sterling, VA | $500 | 2023 |
| Shelterbox UsaCharity | Santa Barbara, CA | $500 | 2023 |
| Usa For IomCharity | Washington, DC | $500 | 2023 |
| Code2040STEM | San Francisco, CA | $250 | 2023 |
| Rho Psi FoundationSupport Need Based Scholarship Program | Haymarket, VA | $4K | 2022 |
| A Moms PeaceGeneral Charity Support | Nokesville, VA | $500 | 2022 |
| Philanthropic Ventures FoundationEducation on Technology | Oakland, CA | $370 | 2022 |
| Huat Bo Sar Dor Liong MonasteryTEMPLE SUPPORT | Nantou County | $120K | 2021 |
| Operation Troop AppreciationGENERAL CHARITY SUPPORT | West Mifflin, AL | $2K | 2021 |
| Medstar HealthMEDICAL RESEARCH | Columbia, MD | $20K | 2020 |