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Precise Foundation Inc. is a private corporation based in ROCKVILLE, MD. The foundation received its IRS ruling in 2021. It holds total assets of $16K. Annual income is reported at N/A. Total assets have decreased from $49K in 2021 to $22K 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 2021 to 2023. According to available records, Precise Foundation Inc. has made 6 grants totaling $252K, with a median grant of $26K. Annual giving has decreased from $32K in 2021 to $20K in 2023. Grantmaking activity was highest in 2022 with $200K distributed across 4 grants. Individual grants have ranged from $20K to $80K, with an average award of $42K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in District of Columbia. 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.
Precise Foundation Inc. 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 DC.
Precise Foundation Inc. has distributed a total of $252K across 6 grants. The median grant size is $26K, with an average of $42K. Individual grants have ranged from $20K to $80K.
Precise Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Precise Foundation Inc. is headquartered in ROCKVILLE, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Zhensen Huang | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Julie Nguyen | RESIDENT AGENT/TREASURER/SECRETARY | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$22K
Fair Market Value
$22K
Net Worth
$22K
Grants Paid
$20K
Contributions
$25K
Net Investment Income
N/A
Distribution Amount
$886
Total Grants
6
Total Giving
$252K
Average Grant
$42K
Median Grant
$26K
Unique Recipients
3
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Learnserve InternationalLEARNSERVE INTERNATIONAL IS A DC BASED 501C3 ORGANIZATION PROVIDING SOCIAL ENTREPRENEURSHIP TRAINING FOR YOUTH. LEARNSERVE AND THE PRECISE FOUNDATION AGREED TO COLLABORATE IN HOSTING A 4HOUR VIRTUAL HACKATHON FOR HIGH SCHOOL STUDENTS. PARTICIPANTS WERE RECRUITED FROM HIGH SCHOOLS IN THE WASHINGTON, DC REGION. PARTICIPANTS WERE PROVIDED WITH TRAINING TO ENABLE THEM TO COME UP WITH INNOVATIVE RESPONSES TO THE DESIGN CHALLENGE: "HOW MIGHT WE INCREASE THE PARTICIPATION OF UNDERREPRESENTED MINORITIES | Washington, DC | $20K | 2023 |
| Sidwell Friends SchoolIN SUPPORT OF NEW ASIAN AMERICAL STUDIES CHAIR | Washington, DC | $80K | 2022 |
| Howard UniversityPROMOTE EQUAL ACCESS TO EDUCATION BY PROVIDING SCHOLARSHIP GRANTS TO CERTAIN QUALIFYING UNDERGRADUATE STUDENTS WHO ARE ENROLLED IN COMPUTER SCIENCE/ENGINEERING CLASSES AT THE UNIVERSITY'S DEPARTMENT OF ELECTRICAL ENGINEERING AND COMPUTER SCIENCE (EECS) UNDER THE COLLEGE OF ENGINEERING AND ARCHITECTURE. | Washington, DC | $32K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD