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Jmm Charitable Foundation Inc. is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2007. The principal officer is % Johnny Mai. It holds total assets of $320.6M. Annual income is reported at $17.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jmm Charitable Foundation Inc. has made 30 grants totaling $10.2M, with a median grant of $75K. Annual giving has grown from $1.2M in 2019 to $3.5M in 2022. Individual grants have ranged from $3K to $2.1M, with an average award of $340K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, California, Colorado, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Jmm Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NY, CA, CO.
Jmm Charitable Foundation Inc. has distributed a total of $10.2M across 30 grants. The median grant size is $75K, with an average of $340K. Individual grants have ranged from $3K to $2.1M.
Jmm Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jmm Charitable Foundation Inc. is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter Wang Jr | OFFICER | $54K | $0 | $54K |
| Shirley Wang | DIRECTOR | $0 | $0 | $0 |
| Walter W Wang | PRESIDENT | $0 | $0 | $0 |
| John Mai Thru 123118 | SECRETARY/TREASURER | $0 | $0 | $0 |
Total Giving
$12.7M
Total Assets
$313.4M
Fair Market Value
$313.4M
Net Worth
$305.2M
Grants Paid
$11.2M
Contributions
$50M
Net Investment Income
$6.5M
Distribution Amount
$12.5M
Total Grants
30
Total Giving
$10.2M
Average Grant
$340K
Median Grant
$75K
Unique Recipients
14
Most Common Grant
$500K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityTO SUPPORT EDUCATION | New York, NY | $2.1M | 2022 |
| Ucla FoundationTO SUPPORT DR. BRIAN SHUCH AND RESEARCH FUND - DR. SHUCH (64439C) | Los Angeles, CA | $500K | 2022 |
| Us Olympic And Paraolympic FoundationGENERAL SUPPORT | Colorado Springs, CO | $125K | 2022 |
| Bel Air ChruchGENERAL SUPPORT | Los Angeles, CA | $100K | 2022 |
| Harvard WestlakeGENERAL SUPPORT | Studio City, CA |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| $25K |
| 2022 |
| University Presbyterian ChurchGENERAL SUPPORT | Chapel Hill, NC | $20K | 2022 |
| Uc Regents (Walter & Shirley Wang Ucla Medical Hospitality Program)MEDICAL CENTER | Los Angeles, CA | $17K | 2022 |
| St Martin In The Fields Episcopal ChurchGENERAL SUPPORT | Winnetka, CA | $10K | 2022 |
| Uc Regents (Walter Jr Ucla Medical Hospitality Program)MEDICAL CENTER | Los Angeles, CA | $9K | 2022 |
| Ojai Playwrights ConferenceGENERAL SUPPORT | Ojai, CA | $5K | 2022 |
| The Asia SocietyGENERAL SUPPORT | Los Angeles, CA | $30K | 2021 |
| Asian Pacific FundGENERAL SUPPORT | Los Angeles, CA | $5K | 2021 |
| Yes On Quality SchoolsEDUCATION GRANT TO IMPROVE SCHOOLS | Los Angeles, CA | $500K | 2019 |
| The Columbia Parents FundTO SUPPORT EDUCATION | New York, NY | $150K | 2019 |
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