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Potomac Institue Inc. is a private corporation based in ROCKVILLE, MD. The foundation received its IRS ruling in 2022. The principal officer is % Daniel S Zhang. It holds total assets of $244K. Annual income is reported at $192K. Potomac Chinese School (PCS) teachers fund. PCS was a community based educational organization established in 1976 in Potomac, MD. PCS operates weekly language classes every Sunday during the school year. Since 2021, PI has a commitment to support PCS operations over the years. According to available records, Potomac Institue Inc. has made 10 grants totaling $58K, with a median grant of $2K. Annual giving has grown from $9K in 2022 to $49K in 2023. Individual grants have ranged from $200 to $30K, with an average award of $6K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Delaware and Maryland and Virginia. Contributions to this foundation are tax-deductible.
Potomac Chinese School (PCS) teachers fund. PCS was a community based educational organization established in 1976 in Potomac, MD. PCS operates weekly language classes every Sunday during the school year. Since 2021, PI has a commitment to support PCS operations over the years.
Potomac Series of music presentations are ad hoc programs by community-based musicians and experts. It has been hosting popular musical events in various venues in Lanham and Rockville, MD. PI plans to continue funding like programs in the greater Washington area (including DC, MD, VA).
Potomac Chinese School (PCS) teachers fund. PCS was a community based educational organization established in 1976 in Potomac, MD. PCS operates weekly language classes every Sunday during the school year. Since 2021, PI has a commitment to support PCS operations over the years. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in DE, MD, VA.
Potomac Institue Inc. has distributed a total of $58K across 10 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $200 to $30K.
Potomac Institue Inc. typically selects its grantees rather than accepting unsolicited proposals.
Potomac Institue Inc. is headquartered in ROCKVILLE, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Annie Zhang | Member of the Board | $0 | $0 | $0 |
| Daniel Zhang | Member of the Board | $0 | $0 | $0 |
| Alanoud Alsulaiman | Secretary | $0 | $0 | $0 |
| Qian Yin | Member of the Board | $0 | $0 | $0 |
| Weiguo Zhang | President | $0 | $0 | $0 |
Total Giving
$54K
Total Assets
$244K
Fair Market Value
$244K
Net Worth
$244K
Grants Paid
$49K
Contributions
$190K
Net Investment Income
$0
Distribution Amount
$9K
Total Grants
10
Total Giving
$58K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| China Music FoundationTo further charitable cause | Newark, DE | $30K | 2023 |
| Strathmore Hall FoundationTo further charitable cause | North Bethesda, MD | $14K | 2023 |
| Philaharmonic Of Great WashingtonTo further charitable cause | Gaithersburg, MD | $2K | 2023 |
| Amazing Culture & Arts CenterTo further charitable cause | North Potomac, MD | $1K | 2023 |
| Greater Washington Nanjing University AssTo further charitable cause | Rockville, MD | $1K |
POTOMAC, MD
GREAT FALLS, VA
WASHINGTON, DC
BERKELEY, CA
OKLAHOMA CITY, OK
| 2023 |
| Greater Washington Chinese DanceTo further charitable cause | Reston, VA | $1K | 2023 |
| Potomac Chinese SchoolTo further charitable cause | Bethesda, MD | $4K | 2022 |
| Washington University Of DcTo further charitable cause | Lamham, MD | $2K | 2022 |
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