//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $577K in 2011 to $3.4M in 2023. The foundation is governed by 3 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. The foundation primarily funds organizations in New Jersey, Illinois and Florida. 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.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
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.
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 | N/A |
| Xuemei Liu | DIRECTOR | $0 | $0 | N/A |
| Zheng Huang | DIRECTOR | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$3.4M
Grants Paid
$61K
Contributions
N/A
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 |
| Ibis Charities FoundationLOCAL COMMUNITY SUPPORT | West Palm Beach, FL | $5K | 2023 |
| Bravura Philharmonic OrchestraMUSIC & COMMUNITY SUPPORT, CONCERT SPONSORSHIP | West Windsor, NJ | $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 |