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The Mark And Jannie Wu Foundation 233 74c90 is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2001. The principal officer is Merrill Lynch Trust Company. It holds total assets of $881K. Annual income is reported at $398K. Total assets have grown from $638K in 2010 to $839K in 2022. The foundation is governed by 3 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 2020 to 2023. Grantmaking is concentrated in California. According to available records, The Mark And Jannie Wu Foundation 233 74c90 has made 14 grants totaling $168K, with a median grant of $10K. Annual giving has decreased from $112K in 2022 to $56K in 2023. Individual grants have ranged from $5K to $21K, with an average award of $12K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$21K
Based on 5 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.
The Mark And Jannie Wu Foundation 233 74c90 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in CA.
The Mark And Jannie Wu Foundation 233 74c90 has distributed a total of $168K across 14 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $5K to $21K.
The Mark And Jannie Wu Foundation 233 74c90 typically selects its grantees rather than accepting unsolicited proposals.
The Mark And Jannie Wu Foundation 233 74c90 is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jannie T Wu | CHAIRMAN | $0 | $0 | N/A |
| Karen Lott | TREASURER | $0 | $0 | N/A |
| Stephanie Palmer | SECRETARY | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$839K
Fair Market Value
$962K
Net Worth
$839K
Grants Paid
$56K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$49K
Total: $805K
Total Grants
14
Total Giving
$168K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastside College Prep School IncSCHOLARSHIP FUND | E Palo Alto, CA | $21K | 2023 |
| All Stars Helping Kids IncACCELERATOR PROGRAM | Santa Clara, CA | $15K | 2023 |
| Santa Maria Urban MinistryUNRESTRICTED GENERAL | San Jose, CA | $10K | 2023 |
| University Of California DavisCOFFEE SUPPORT FUND CFFEEGD | Davis, CA | $10K | 2023 |
| The U C Davis FoundationCOFFEE CLUB | Davis, CA | $10K | 2022 |
| Santa Maria Union Ministries (Smum)UNRESTRICTED GENERAL | San Jose, CA | $10K | 2022 |