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Li Family Charitable Foundation is a private corporation based in NAPERVILLE, IL. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $3.5M. Annual income is reported at $1.6M. The foundation is governed by 1 officer or trustee. 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 2022 to 2023. According to available records, Li Family Charitable Foundation has made 1 grants totaling $100K, with a median grant of $100K. Grant recipients are concentrated in Indiana. 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 Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in IN.
Li Family Charitable Foundation has distributed a total of $100K across 1 grants. The median grant size is $100K, with an average of $100K. Individual grants have ranged from $100K to $100K.
Li Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Li Family Charitable Foundation is headquartered in NAPERVILLE, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Li | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$155K
Total Assets
$3.5M
Fair Market Value
$3.6M
Net Worth
$3.5M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$169K
Total Grants
1
Total Giving
$100K
Average Grant
$100K
Median Grant
$100K
Unique Recipients
1
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Purdue Research FoundationSchool of Engineering | W Lafayette, IN | $100K | 2023 |