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M & L Hong Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2018. The principal officer is Bank Of America N A Ttee. It holds total assets of $54.6M. Annual income is reported at $11.9M. Total assets have grown from N/A in 2018 to $52.8M 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 2020 to 2023. 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.
M & L Hong Foundation primarily funds organizations in the area of human services.
M & L Hong Foundation typically selects its grantees rather than accepting unsolicited proposals.
M & L Hong Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $22K | $0 | $22K |
Total Giving
$120K
Total Assets
$52.8M
Fair Market Value
$56.9M
Net Worth
$52.8M
Grants Paid
N/A
Contributions
$51.6M
Net Investment Income
$458K
Distribution Amount
$408K
Total: N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.