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Msw118 Entropy Foundation is a private corporation based in KATY, TX. The foundation received its IRS ruling in 2020. The principal officer is Yong Chen. It holds total assets of $35K. Annual income is reported at $132K. Total assets have decreased from $57K in 2019 to $45K in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Msw118 Entropy Foundation has made 6 grants totaling $5K, with a median grant of $750. Annual giving has grown from $1K in 2021 to $3K in 2022. Individual grants have ranged from $200 to $1K, with an average award of $766.667. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and Washington and Minnesota. 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.
Msw118 Entropy Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX, WA, MN.
Msw118 Entropy Foundation has distributed a total of $5K across 6 grants. The median grant size is $750, with an average of $766.667. Individual grants have ranged from $200 to $1K.
Msw118 Entropy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Msw118 Entropy Foundation is headquartered in KATY, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yong Chen | CEO | $0 | $0 | N/A |
| Weixuan Huang | CFO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$45K
Fair Market Value
$36K
Net Worth
$44K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$2K
Total: $42K
Total Grants
6
Total Giving
$5K
Average Grant
$766.667
Median Grant
$750
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Katy Christian Community ChurchCharitable | Katy, TX | $1K | 2022 |
| Karla Summer CampCharitable | Katy, TX | $500 | 2022 |
| Seattle Chinese Broadcasting Association Co Xiaoyuan SuCharitable | Mercer Island, WA | $1K | 2021 |
| Minnesota Minghua Chinese SchoolEducational | Maple Grove, MN | $200 | 2021 |