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Mp Zhang & Zhu Family Foundation is a private corporation based in SAN MARINO, CA. The foundation received its IRS ruling in 2018. The principal officer is Xuemei Zhu. It holds total assets of $375K. Annual income is reported at $196K. Total assets have grown from $221K in 2018 to $429K in 2021. 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 2018 to 2022. Grantmaking is concentrated in California. According to available records, Mp Zhang & Zhu Family Foundation has made 4 grants totaling $59K, with a median grant of $14K. The foundation has distributed between $27K and $32K annually from 2020 to 2021. Individual grants have ranged from $600 to $30K, with an average award of $15K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$600
Median Grant
$1K
Average Grant
$11K
Largest Grant
$30K
Based on 3 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.
Mp Zhang & Zhu Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Mp Zhang & Zhu Family Foundation has distributed a total of $59K across 4 grants. The median grant size is $14K, with an average of $15K. Individual grants have ranged from $600 to $30K.
Mp Zhang & Zhu Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mp Zhang & Zhu Family Foundation is headquartered in SAN MARINO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Xuemei Zhu | President & CEO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$429K
Fair Market Value
N/A
Net Worth
$429K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$228K
Distribution Amount
N/A
Total: N/A
Total Grants
4
Total Giving
$59K
Average Grant
$15K
Median Grant
$14K
Unique Recipients
3
Most Common Grant
$1K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Flintridge Preparatory SchoolCollaboration Building | La Canada Flintridge, CA | $27K | 2021 |
| The San Marino Schools FoundationEducation assistance | San Marino, CA | $1K | 2020 |
| Chinese Club Of San MarinoCCSM Masks | San Marino, CA | $600 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA