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Peter Ly Md Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $433K. Annual income is reported at $54K. Total assets have grown from $205K in 2014 to $431K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in California and New York. According to available records, Peter Ly Md Family Foundation has made 25 grants totaling $44K, with a median grant of $500. Annual giving has grown from $15K in 2020 to $29K in 2022. Individual grants have ranged from $200 to $6K, with an average award of $2K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$6K
Based on 9 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.
Peter Ly Md Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in CA, NY.
Peter Ly Md Family Foundation has distributed a total of $44K across 25 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from $200 to $6K.
Peter Ly Md Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Peter Ly Md Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Evelyn Xu | Co- Pres, Sec, Treas, Dir | $2K | $0 | $2K |
| Peter Ly | Dir, Co- Pres | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$431K
Fair Market Value
$443K
Net Worth
$431K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$21K
Total Grants
25
Total Giving
$44K
Average Grant
$2K
Median Grant
$500
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Claremont Mckenna CollegeGeneral & Unrestricted | Claremont, CA | $500 | 2022 |
| San Marino School FoundationGeneral & Unrestricted | San Marino, CA | $5K | 2022 |
| Henry E Huntington Library & Art GalleryGeneral & Unrestricted | San Marino, CA | $5K | 2022 |
| New York Medical CollegeGeneral & Unrestricted | Valhalla, NY | $3K | 2022 |
| Pomona CollegeGeneral & Unrestricted | Claremont, CA | $500 | 2022 |
| Innercity Performing ArtsGeneral & Unrestricted | Carson, CA | $500 | 2022 |
| Scripps CollegeGeneral & Unrestricted | Claremont, CA | $500 | 2022 |
| Pasadena City College Foundation IncGeneral & Unrestricted | Pasadena, CA | $200 | 2022 |
| Los Angeles Philharmonic AssociationGeneral & Unrestricted | Los Angeles, CA | $1K | 2020 |
| Children'S Hospital Of Los Angeles Living Proof CGeneral & Unrestricted | Los Angeles, CA | $1K | 2020 |
| University Of Southern California - Norris ComprehGeneral & Unrestricted | Los Angeles, CA | $1K | 2020 |
| St Jude HospitalGeneral & Unrestricted | Fullerton, CA | $1K | 2020 |