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Red Hippo Foundation is a private corporation based in CUPERTINO, CA. The foundation received its IRS ruling in 2021. It holds total assets of $2.8M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Red Hippo Foundation has made 5 grants totaling $129K, with a median grant of $3K. Annual giving has decreased from $126K in 2023 to $3K in 2024. Individual grants have ranged from $3K to $60K, with an average award of $26K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Tennessee. Contributions to this foundation are tax-deductible.
Red Hippo Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA, TN.
Red Hippo Foundation has distributed a total of $129K across 5 grants. The median grant size is $3K, with an average of $26K. Individual grants have ranged from $3K to $60K.
Red Hippo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Red Hippo Foundation is headquartered in CUPERTINO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jun Chang | President & CEO | $0 | $0 | $0 |
| Shih Chang Chang | Secretary & CFO | $0 | $0 | $0 |
Total Giving
$103K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$3K
Contributions
$0
Net Investment Income
$1M
Distribution Amount
$95K
Total: $1.6M
Total Grants
5
Total Giving
$129K
Average Grant
$26K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Green Ocean FoundationTo support advancement of education, science and music. To develop and expand a variety of philanthropic missions for the general public. To support churches, universities, schools, libraries, local community events and other places of general public benefit. To support efforts to create and improve opportunities for children and the elderly. | Cupertino, CA | $60K | 2023 |
| St Judes Childrens Research HospitaTo find cures for children with cancer and other catastrophic diseases through research and treatment. It is supported primarily by donations raised by ALSAC. Research efforts are directed at understanding the molecular, genetic and chemical bases of catastrophic diseases in children; identifying cures for such diseases; and promoting their prevention. Research is focused specifically on cancers, some acquired and inherited immunodeficiencys, sickle cell disease, infectious diseases and genetic | Memphis, TN | $3K | 2024 |
Other foundations that have funded Red Hippo Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Chang & Tseng Family Foundation | $21K | 2023 | To develop and expand a variety of philanthropic missions for the general public. |
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