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Oriental Oak Foundation is a private corporation based in NEWTON, MA. The foundation received its IRS ruling in 2021. The principal officer is % Zhenghan Qi. It holds total assets of $6.7M. Annual income is reported at $139K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Oriental Oak Foundation has made 6 grants totaling $772K, with a median grant of $55K. Annual giving has decreased from $667K in 2022 to $106K in 2023. Individual grants have ranged from $50K to $280K, with an average award of $129K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Illinois. Contributions to this foundation are tax-deductible.
Oriental Oak Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, IL.
Oriental Oak Foundation has distributed a total of $772K across 6 grants. The median grant size is $55K, with an average of $129K. Individual grants have ranged from $50K to $280K.
Oriental Oak Foundation typically selects its grantees rather than accepting unsolicited proposals.
Oriental Oak Foundation is headquartered in NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sidney Huang | CHAIRMAN, PRESIDENT AND TREASURER | $0 | $0 | $0 |
| Zhenghan Qi | SECRETARY | $0 | $0 | $0 |
| Yang Xu | DIRECTOR | $0 | $0 | $0 |
Total Giving
$132K
Total Assets
$7M
Fair Market Value
$3.8M
Net Worth
$7M
Grants Paid
$106K
Contributions
$0
Net Investment Income
$123K
Distribution Amount
$211K
Total Grants
6
Total Giving
$772K
Average Grant
$129K
Median Grant
$55K
Unique Recipients
3
Most Common Grant
$54K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Asia SocietySUPPORTING ITS NEW CENTER IN FRANCE THAT CONNECTS ASIA/CHINA WITH FRANCE AND EUROPE | New York, NY | $56K | 2023 |
| Northwestern UniversitySUPPORTING KELLOGG CENTER FOR ENLIGHTENED DISAGREEMENT (K-CED) | Evanston, IL | $50K | 2023 |
| University Of Oxford Via Americans For Oxford IncSUPPORTING EDUCATION AND EAST-WEST EXCHANGES | New York, NY | $280K | 2022 |
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