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Kai Yue Foundation Corporation is a private corporation based in CRANBURY, NJ. The foundation received its IRS ruling in 2011. The principal officer is % Yibin Zhang. It holds total assets of $3.5M. Annual income is reported at $136K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kai Yue Foundation Corporation has made 20 grants totaling $121K, with a median grant of $5K. Annual giving has grown from $22K in 2021 to $61K in 2023. Individual grants have ranged from $1K to $30K, with an average award of $6K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Florida, New Jersey, California, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Kai Yue Foundation Corporation 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 FL, NJ, CA.
Kai Yue Foundation Corporation has distributed a total of $121K across 20 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $30K.
Kai Yue Foundation Corporation typically selects its grantees rather than accepting unsolicited proposals.
Kai Yue Foundation Corporation is headquartered in CRANBURY, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yibin Zhang | DIRECTOR | $0 | $0 | $0 |
| Zheng Huang | DIRECTOR | $0 | $0 | $0 |
| Xuemei Liu | DIRECTOR | $0 | $0 | $0 |
Total Giving
$67K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$3.4M
Grants Paid
$61K
Contributions
$0
Net Investment Income
$282K
Distribution Amount
$61K
Total: $1.2M
Total Grants
20
Total Giving
$121K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Soar FoundationEDUCATION, GENERAL FUND SUPPORT | Fremont, CA | $10K | 2023 |
| Kravis CenterPERFORMING ART, DONOR FOR SUPPORTING THE ART CENTER | West Palm Beach, FL | $30K | 2023 |
| Hx Chinese School At PlainsboroCHINESE COMMUNITY & EDUCATION, SUPPORT CHINESE SCHOOL'S GRADUATION AWARD | Plainsboro, NJ | $7K | 2023 |
| Bravura Philharmonic OrchestraMUSIC & COMMUNITY SUPPORT, CONCERT SPONSORSHIP | West Windsor, NJ | $5K | 2023 |
| Ibis Charities FoundationLOCAL COMMUNITY SUPPORT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| West Palm Beach, FL |
| $5K |
| 2023 |
| Peddie SchoolEDUCATION, GENERAL FUND SUPPORT | Hightstown, NJ | $5K | 2023 |
| University Of PennsylvaniaEDUCATION, GENERAL SCHOOL FUND SUPPORT | Philadelphia, PA | $3K | 2022 |
| Northwestern UniversityEDUCATION, GENERAL SCHOOL FUND SUPPORT | Evanston, IL | $3K | 2022 |
| Yinghua International SchoolEDUCATION, GENERAL SCHOOL FUND SUPPORT | Kingston, NJ | $3K | 2021 |
| Edison Chinese ChorusCOMMUNITY SUPPORT, CONCERT SPONSORSHIP | Edison, NJ | $2K | 2021 |
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