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Jung Family Foundation is a private trust based in WILLIAMSBURG, MI. The foundation received its IRS ruling in 1998. It holds total assets of $547K. Annual income is reported at $18K. Total assets have grown from $429K in 2011 to $595K in 2023. The foundation is governed by 4 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 5 states, including Michigan, Wisconsin, Virginia. According to available records, Jung Family Foundation has made 20 grants totaling $103K, with a median grant of $3K. The foundation has distributed between $33K and $36K annually from 2020 to 2022. Individual grants have ranged from $3K to $18K, with an average award of $5K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Wisconsin, Michigan, Vermont, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$9K
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.
Jung Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in WI, MI, VT.
Jung Family Foundation has distributed a total of $103K across 20 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $3K to $18K.
Jung Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jung Family Foundation is headquartered in WILLIAMSBURG, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Jung | EXEC COMMITTEE MEMBER | $0 | $0 | N/A |
| David Jung | EXEC COMMITTEE MEMBER | $0 | $0 | N/A |
| Charles Jung | EXEC COMMITTEE MEMBER | $0 | $0 | N/A |
| Dorothy Jung | EXEC COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$595K
Fair Market Value
$602K
Net Worth
$595K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$29K
Total Grants
20
Total Giving
$103K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wayland AcademyDEFRAY OPERATING EXPENSES | Beaver Dam, WI | $18K | 2022 |
| Sojourn ChurchDEFRAY OPERATING EXPENSES | Traverse City, MI | $4K | 2022 |
| Single Mom MinistriesDEFRAY OPERATING EXPENSES | Traverse City, MI | $4K | 2022 |
| One GoalDEFRAY OPERATING EXPENSES | Chicago, IL | $3K | 2022 |
| Camfed UsaDEFRAY OPERATING EXPENSES | San Francisco, CA | $3K | 2022 |
| Himalayan Cataract ProjectDEFRAY OPERATING EXPENSES | Norwich, VT | $3K | 2022 |
| Church Health ServicesDEFRAY OPERATING EXPENSES | Beaver Dam, WI | $9K | 2021 |
| Human Trafficking InstituteDEFRAY OPERATING EXPENSES | Mclean, VA | $3K | 2020 |