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Myc Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 2011. The principal officer is % Shunbo Mou. It holds total assets of $193K. Annual income is reported at $140K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Myc Foundation has made 14 grants totaling $29K, with a median grant of $1K. Annual giving has grown from $3K in 2020 to $7K in 2023. Grantmaking activity was highest in 2022 with $19K distributed across 8 grants. Individual grants have ranged from $800 to $7K, with an average award of $2K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Pennsylvania and California and Maryland. Contributions to this foundation are tax-deductible.
Myc Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in PA, CA, MD.
Myc Foundation has distributed a total of $29K across 14 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $800 to $7K.
Myc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Myc Foundation is headquartered in SAN JOSE, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Guifang Chen | CFO | $0 | $0 | $0 |
| Shunbo Mou | CEO | $0 | $0 | $0 |
Total Giving
$9K
Total Assets
$197K
Fair Market Value
$150K
Net Worth
$189K
Grants Paid
$7K
Contributions
$0
Net Investment Income
$9K
Distribution Amount
$7K
Total: $185K
Total Grants
14
Total Giving
$29K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Soar FoundationDONATION | Union City, CA | $1K | 2023 |
| Carnegie Mellon UniversityDONATION | Pittsburgh, PA | $4K | 2023 |
| Friends Of Children With Special NeedsDONATIONS | Fremont, CA | $1K | 2023 |
| Kidron International Missions IncDONATIONS | Gaithersburg, MD | $1K | 2023 |
Other foundations that have funded Myc Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Kotzas Fam Charitable Foundation | $200 | 2021 | Charitable |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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