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Peng Education And Welfare Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 2022. The principal officer is Chien-Hsiung Peng. It holds total assets of $17.5M. Annual income is reported at $3M. Total assets have grown from $882K in 2021 to $6.6M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Peng Education And Welfare Foundation has made 5 grants totaling $769K, with a median grant of $10K. Annual giving has grown from $20K in 2022 to $749K in 2023. Individual grants have ranged from $10K to $729K, with an average award of $154K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. 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.
Peng Education And Welfare Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Peng Education And Welfare Foundation has distributed a total of $769K across 5 grants. The median grant size is $10K, with an average of $154K. Individual grants have ranged from $10K to $729K.
Peng Education And Welfare Foundation typically selects its grantees rather than accepting unsolicited proposals.
Peng Education And Welfare Foundation is headquartered in SAN JOSE, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yuchuan C Peng | CFO | $0 | $0 | N/A |
| Chien-Hsiung Peng | President & CEO | $0 | $0 | N/A |
Total Giving
$753K
Total Assets
$6.6M
Fair Market Value
$6.6M
Net Worth
$6.6M
Grants Paid
$749K
Contributions
$1.2M
Net Investment Income
$87K
Distribution Amount
N/A
Total Grants
5
Total Giving
$769K
Average Grant
$154K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tsinghua UniversityCharitable Contribution | Hsinchu | $729K | 2023 |
| Andrew CharityCharitable Contribution | New Taipei City | $10K | 2023 |
| St Mary'S Junior CollegeCharitable Contribution | Sanxing Township | $10K | 2023 |
| Boyo Social Welfare FoundationCharitable Contribution | Oakland, CA | $10K | 2022 |