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Shen Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is % Foundation Source. It holds total assets of $2.4M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Shen Family Foundation has made 12 grants totaling $101K, with a median grant of $10K. Annual giving has grown from $10K in 2020 to $30K in 2023. Grantmaking activity was highest in 2022 with $35K distributed across 4 grants. Individual grants have ranged from $1K to $10K, with an average award of $8K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Pennsylvania and Tennessee. Contributions to this foundation are tax-deductible.
Shen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, PA, TN.
Shen Family Foundation has distributed a total of $101K across 12 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $1K to $10K.
Shen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shen Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hubert Shen | Dir, Pres, Treas | $0 | $0 | $0 |
| Lea Shen | Dir, Sec | $0 | $0 | $0 |
Total Giving
$49K
Total Assets
$1.7M
Fair Market Value
$1.9M
Net Worth
$1.7M
Grants Paid
$30K
Contributions
$407K
Net Investment Income
$47K
Distribution Amount
$76K
Total: $1.7M
Total Grants
12
Total Giving
$101K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trustees Of The University Of PennsylvaniaPenn Fund | Philadelphia, PA | $10K | 2023 |
| Westridge School For GirlsWestridge Fund | Pasadena, CA | $10K | 2023 |
| Harvard-Westlake SchoolHW Annual Fund | Los Angeles, CA | $10K | 2023 |
| Chandler School2022 Annual Fund | Pasadena, CA | $10K | 2022 |
| African Medical Education FundInCHRN research Scholarship Fund | San Diego, CA | $10K | 2021 |
| Id Insight IncGeneral & Unrestricted | San Francisco, CA | $5K | 2021 |
| Liberty In North KoreaGeneral & Unrestricted | Long Beach, CA | $1K | 2021 |
| Shaohannahs Hope IncGeneral & Unrestricted | Franklin, TN | $10K | 2020 |
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