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Li And Wei Family Foundation is a private corporation based in LA JOLLA, CA. The foundation received its IRS ruling in 2022. The principal officer is Simin Li. It holds total assets of $1.4M. Annual income is reported at $7.2M. Total assets have grown from $20K in 2021 to $65K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Li And Wei Family Foundation has made 3 grants totaling $1K, with a median grant of $100. Annual giving has grown from $200 in 2022 to $800 in 2023. Individual grants have ranged from $100 to $800, with an average award of $333.333. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
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.
Li And Wei Family Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA, NY.
Li And Wei Family Foundation has distributed a total of $1K across 3 grants. The median grant size is $100, with an average of $333.333. Individual grants have ranged from $100 to $800.
Li And Wei Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Li And Wei Family Foundation is headquartered in LA JOLLA, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Simin Li | Director | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$65K
Fair Market Value
$65K
Net Worth
$65K
Grants Paid
$800
Contributions
$43K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
3
Total Giving
$1K
Average Grant
$333.333
Median Grant
$100
Unique Recipients
2
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvest Evangelical ChurchTO ASSIST IN SPREADING THE WORD OF CHRIST | San Diego, CA | $800 | 2023 |
| New York UniversityTO ASSIST IN BEING THE TOP QUALIFY INTERNATIONAL CENTER OF SCHOLARSHIP, TEACHING AND RESEARCH | New York, NY | $100 | 2022 |