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Tong Family Foundation is a private corporation based in FRIDAY HARBOR, WA. The foundation received its IRS ruling in 1999. The principal officer is Peter P Tong. It holds total assets of $1.6M. Annual income is reported at $606K. Total assets have grown from $534K in 2011 to $1.6M in 2023. The foundation is governed by 6 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. According to available records, Tong Family Foundation has made 3 grants totaling $305K, with a median grant of $50K. Annual giving has decreased from $255K in 2021 to $50K in 2023. Individual grants have ranged from $5K to $250K, with an average award of $102K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Kansas and Wisconsin and California. 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.
Tong Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in KS, WI, CA.
Tong Family Foundation has distributed a total of $305K across 3 grants. The median grant size is $50K, with an average of $102K. Individual grants have ranged from $5K to $250K.
Tong Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tong Family Foundation is headquartered in FRIDAY HARBOR, WA. While based in WA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janet Tong | DIRECTOR | $0 | $0 | N/A |
| David Tong | DIRECTOR | $0 | $0 | N/A |
| Peter Tong | DIRECTOR | $0 | $0 | N/A |
| Sarah Tong Sangmeister | DIRECTOR | $0 | $0 | N/A |
| Jessica Baron | DIRECTOR | $0 | $0 | N/A |
| Jennifer Tong | DIRECTOR | $0 | $0 | N/A |
Total Giving
$62K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
$79K
Total: $437K
Total Grants
3
Total Giving
$305K
Average Grant
$102K
Median Grant
$50K
Unique Recipients
3
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Wisconsin FoundationSUPPORT | Madison, WI | $50K | 2023 |
| Kansas State University FoundationSUPPORT | Manhattan, KS | $250K | 2021 |
| Long Beach Area Council Boy Scouts Of AmericaSUPPORT | Long Beach, CA | $5K | 2021 |