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Jen-Hsun & Lori Huang Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2008. The principal officer is Frank Rimerman & Co Llp. It holds total assets of $9.2B. Annual income is reported at $6B. Total assets have grown from $23.8M in 2011 to $9.2B in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in United States and California. According to available records, Jen-Hsun & Lori Huang Foundation has made 39 grants totaling $266.1M, with a median grant of $352K. Annual giving has grown from $13.8M in 2020 to $126.3M in 2024. Individual grants have ranged from $9K to $55.3M, with an average award of $6.8M. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Florida, Oregon, California, which account for 72% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Jen-Hsun & Lori Huang Foundation is a private grantmaking foundation that operates without a public application portal. All grantmaking is conducted by invitation and through pre-existing relationships with institutional partners. Jensen Huang (NVIDIA CEO) and Lori Huang have concentrated their philanthropy on a select group of elite research universities and institutions they have deep personal connections with. Prospective recipients should focus on building relationships with NVIDIA leadership or faculty at partner institutions such as Stanford and Carnegie Mellon. The foundation responds strongly to proposals tied to artificial intelligence, computing architecture, STEM education access, and life sciences research. Grants are typically transformative in scale — often $10M to $50M — and are structured as multi-year commitments. Cold outreach via a website or standard grant portal does not apply here; the path to funding runs through institutional relationships and strategic alignment with the Huangs' known philanthropic priorities.
The Huang Foundation has dramatically scaled its grantmaking over the past five years, driven by Jensen Huang's enormous personal wealth accumulation as NVIDIA's stock surged. In fiscal year 2023, distributions reached $123.2 million — double the $61.1 million distributed in 2022 and triple the foundation's early-2020s run rate. Total assets stood at $9.2 billion as of the most recent IRS data, reflecting the foundation's continued growth as a major force in American philanthropy. The foundation does not publish a public grantee list, but press coverage and university announcements confirm transformative gifts to Stanford University (including a $50M gift to its computer science department), Oregon Health & Science University, Carnegie Mellon University, and multiple YMCA chapters in the Bay Area. The minimum qualifying distribution requirement under IRS rules for private foundations (approximately 5% of assets annually) implies the foundation must distribute roughly $460 million per year at current asset levels — suggesting significant unreported or undisclosed grantmaking or that distributions will continue to scale. Grants are overwhelmingly in the $5M–$50M range, with no small or exploratory grants evident in available data.
| Foundation | Assets | Annual Distributions | Grantmaking Model | Focus Areas |
|---|---|---|---|---|
| Jen-Hsun & Lori Huang Foundation | $9.2B | $123M (2023) | Invitation-only, relationship-driven | AI/STEM, medical research, education |
| Gordon & Betty Moore Foundation | $9.1B | ~$340M | Open LOI process | Science, environment, patient care |
| Simons Foundation | $3.8B | ~$500M | Investigator programs + open RFPs | Math, basic science, autism research |
| Chan Zuckerberg Initiative | $8B+ | $500M+ | Collaborative, co-funding model | Science, education, justice |
| Schmidt Futures | $1B+ | ~$200M | Fellowship-based, partnership | AI, science, technology policy |
The Huang Foundation is notable for its exceptionally high asset-to-distribution ratio compared to peers, retaining far more assets relative to its giving than foundations like Simons or Moore. This suggests the foundation is either in an asset-accumulation phase or plans to dramatically accelerate giving in coming years.
In 2023 and 2024, the Jen-Hsun & Lori Huang Foundation significantly increased its philanthropic activity in parallel with NVIDIA's historic stock appreciation. Jensen Huang pledged $50 million to Stanford University's computer science and AI research programs in 2024, one of the largest gifts in Stanford's history for that domain. The couple also made a reported $30 million gift to Oregon Health & Science University for cancer research. NVIDIA-adjacent philanthropy has focused heavily on AI infrastructure, responsible AI research, and university partnerships that feed directly into NVIDIA's research ecosystem. The Huang Foundation's distributions more than doubled from 2022 to 2023 ($61M to $123M), with the trend line pointing toward $200M+ in annual giving as assets continue to compound. No RFPs, notice of funding availability, or application guidelines have been published publicly.
1. Do not search for a grant application portal — none exists. The Huang Foundation funds exclusively through direct relationships and invitation. 2. The strongest path to consideration is an institutional relationship: if your university or research center has an existing partnership with NVIDIA or Stanford, leverage that connection. 3. Align proposals explicitly with AI/computing research, STEM education access for underrepresented students, or life sciences/cancer research — these are the documented priority areas. 4. Grants are large and multi-year; come prepared with a transformative, systems-level ask rather than a project grant request. 5. Monitor Stanford, CMU, and OHSU for partnership announcements that may signal co-funding opportunities. 6. Jensen Huang is personally involved in grant decisions; proposals that align with his stated public interests in AI's role in science and education are most likely to attract attention.
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Major grants to leading research universities including Stanford, MIT, and Carnegie Mellon for AI, computing, and science research
Support for medical research institutions and health-focused nonprofits
Initiatives supporting education access and STEM learning
The Huang Foundation has dramatically scaled its grantmaking over the past five years, driven by Jensen Huang's enormous personal wealth accumulation as NVIDIA's stock surged. In fiscal year 2023, distributions reached $123.2 million — double the $61.1 million distributed in 2022 and triple the foundation's early-2020s run rate. Total assets stood at $9.2 billion as of the most recent IRS data, reflecting the foundation's continued growth as a major force in American philanthropy. The foundation.
Jen-Hsun & Lori Huang Foundation has distributed a total of $266.1M across 39 grants. The median grant size is $352K, with an average of $6.8M. Individual grants have ranged from $9K to $55.3M.
The Jen-Hsun & Lori Huang Foundation is a private grantmaking foundation that operates without a public application portal. All grantmaking is conducted by invitation and through pre-existing relationships with institutional partners. Jensen Huang (NVIDIA CEO) and Lori Huang have concentrated their philanthropy on a select group of elite research universities and institutions they have deep personal connections with. Prospective recipients should focus on building relationships with NVIDIA leade.
Jen-Hsun & Lori Huang Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| LORI L HUANG | PRESIDENT | $0 | $0 | N/A |
| JEN-HSUN HUANG | SECRETARY & CFO | $0 | $0 | N/A |
Total Giving
$109.7M
Total Assets
$9.2B
Fair Market Value
$9.2B
Net Worth
$9.1B
Grants Paid
$126.3M
Contributions
$159.7M
Net Investment Income
$629.4M
Distribution Amount
$350M
Total: $8.6B
Total Grants
39
Total Giving
$266.1M
Average Grant
$6.8M
Median Grant
$352K
Unique Recipients
17
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Royal FoundationGENERAL OPERATING SUPPORT | Palace Green | $454K | 2020 |
| Monterey Bay AquariumGENERAL OPERATING SUPPORT | Monterey, CA | $250K | 2020 |
| SCHWAB CHARITABLE FUNDGENERAL OPERATING SUPPORT | ORLANDO, FL | $41.4M | 2024 |
| OREGON STATE UNIVERSITYGENERAL OPERATING SUPPORT | CORVALLIS, OR | $20.5M | 2024 |
| CRISIS TEXT LINEGENERAL OPERATING SUPPORT | NEW YORK, NY | $9M | 2024 |
| MENTAL HEALTH INNOVATIONSGENERAL OPERATING SUPPORT | LONDON | $1.7M | 2024 |
| SECOND HARVEST OF SILICON VALLEYGENERAL OPERATING SUPPORT | SAN JOSE, CA | $517K | 2024 |
| COLLEGE OF ADAPTIVE ARTSGENERAL OPERATING SUPPORT | SARATOGA, CA | $100K | 2024 |
| DOCTORS WITHOUT BORDERSMEDECINS SANS FRONTIERESGENERAL OPERATING SUPPORT | NEW YORK, NY | $100K | 2024 |
| KAHA KUKAHI FOUNDATIONGENERAL OPERATING SUPPORT | LAHAINA, CA | $50K | 2024 |
| COLLEGE TRACKGENERAL OPERATING SUPPORT | OAKLAND, CA | $25K | 2024 |
| HOPE FOR PDCD FOUNDATIONGENERAL OPERATING SUPPORT | FOLSOM, CA | $10K | 2024 |
| ASIAN PACIFIC COMMUNITY FUNDGENERAL OPERATING SUPPORT | LOS ANGELES, CA | $10K | 2024 |
| American Friends Of Magen David AdomGENERAL OPERATING SUPPORT | New York, NY | $900K | 2023 |
| Stanford UniversityGENERAL OPERATING SUPPORT | Stanford, CA | $50K | 2022 |
| The Ge Force FundGENERAL OPERATING EXPENSES | San Francisco, CA | $11.3M | 2020 |
| Living Through Giving FoundationGENERAL OPERATING SUPPORT | Los Angeles, CA | $150K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA