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Paramitas Foundation is a private corporation based in MONTE SERENO, CA. The foundation received its IRS ruling in 1993. It holds total assets of $24.1M. Annual income is reported at $3M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in California, Washington and Massachusetts. According to available records, Paramitas Foundation has made 89 grants totaling $9.2M, with a median grant of $10K. The foundation has distributed between $1.8M and $3.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 30 grants. Individual grants have ranged from $250 to $1.6M, with an average award of $104K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New York, which account for 51% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$13K
Average Grant
$90K
Largest Grant
$1M
Based on 20 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.
Paramitas Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in CA, MA, NY.
Paramitas Foundation has distributed a total of $9.2M across 89 grants. The median grant size is $10K, with an average of $104K. Individual grants have ranged from $250 to $1.6M.
Paramitas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Paramitas Foundation is headquartered in MONTE SERENO, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Phyllis Huang | CFO | $36K | $0 | $36K |
| Alex Chen | Secretary | $0 | $0 | N/A |
| Winston Chen | Chairman | $0 | $0 | N/A |
Total Giving
$2.1M
Total Assets
$25.5M
Fair Market Value
$40.6M
Net Worth
$25.5M
Grants Paid
$1.9M
Contributions
N/A
Net Investment Income
$848K
Distribution Amount
$1.9M
Total: $24.8M
Total Grants
89
Total Giving
$9.2M
Average Grant
$104K
Median Grant
$10K
Unique Recipients
27
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityContribute and Promote Higher Education | New York, NY | $150K | 2023 |
| Global PartnershipTO PROMOTE COMMUNITY SERVICE | Seattle, WA | $8K | 2023 |
| Stanford UniversityCONTRIBUTE AND PROMOTE EDUCATION and support research activities | Palo Alto, CA | $1.6M | 2023 |
| University Of Washington FoundationCONTRIBUTE AND PROMOTE EDUCATION | Seattle, WA | $50K | 2023 |
| Taiwanese Alliance Of IntercultureTo collect, preserve and display historical documents and artifacts pertaining to the history of the Taiwanese American Ethic Group | San Jose, CA | $23K | 2023 |
| University Of Central MissouriCONTRIBUTE AND PROMOTE EDUCATION | Warrenburg, MO | $20K | 2023 |
| Lakeside SchoolFUNDING FOR PROMOTE HIGH SCHOOL EDUCATION | Seattle, WA | $10K | 2023 |
| Northwest HarvestPROVIDE FUNDING TO SHELTER POORS | Seattle, WA | $10K | 2023 |
| Senior Taiwanese Assn Of N CaTo strengthen the coordinating function for the Taiwanese communities in Northern California; actively provide help to their members | San Jose, CA | $10K | 2023 |
| Taiwanese American Federation Of Noto establish an informed and involved Taiwanese community that interacts and co-exists with other diverse groups in California. | San Jose, CA | $10K | 2023 |
| Treehouse For KidsFUNDING FOR underprivileged children | Seattle, WA | $10K | 2023 |
| Water First InternationalPROMOTE INTERNATIONAL EDUCATION | Seattle, WA | $3K | 2023 |
| Formosan Association For Public AffTO SUPPORT ACTIVITIES TO PROMOTE AWARENESS, PEACE AND RIGHTS OF TAIWANESS COMMUNITIES | Washington Dc, DC | $2K | 2023 |
| Buddhist Society Of AmericaContribute AND support Religious Activities | San Jose, CA | $1K | 2023 |
| Harvard UniversityCONTRIBUTE AND PROMOTE EDUCATION | Cambridage, MA | $250 | 2023 |
| Dana Faber Cancer Institutemedical research | Brookline, MA | $300K | 2022 |
| Santa Clara UniversityPROVIDE FUNDINGFOR HIGHER EDUCATION | Santa Clara, CA | $40K | 2022 |
| Go2 Foundation For Lung CancerMEDICAL RESERCH | Washington Dc, DC | $3K | 2022 |
| Egrf Lung Cancer ResearchMEDICAL RESEARCH | New York, NY | $2K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA