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Tsan Tsung Memorial Foundation is a private corporation based in SAN MARINO, CA. The foundation received its IRS ruling in 2008. The principal officer is Jack C Hou. It holds total assets of $533K. Annual income is reported at $58K. Total assets have grown from $359K in 2010 to $467K in 2022. 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 2016 to 2023. The foundation primarily funds organizations in California, New York and Virginia. According to available records, Tsan Tsung Memorial Foundation has made 6 grants totaling $30K, with a median grant of $4K. The foundation has distributed between $14K and $17K annually from 2020 to 2023. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 9 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.
Tsan Tsung Memorial Foundation 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 CA, NY.
Tsan Tsung Memorial Foundation has distributed a total of $30K across 6 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $2K to $10K.
Tsan Tsung Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tsan Tsung Memorial Foundation is headquartered in SAN MARINO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jack C Hou | President & CEO | $0 | $0 | N/A |
| Grace N Hou | Secretary & CFO | $0 | $0 | N/A |
Total Giving
$41K
Total Assets
$467K
Fair Market Value
$197K
Net Worth
$467K
Grants Paid
$14K
Contributions
$70K
Net Investment Income
N/A
Distribution Amount
$994
Total: $449K
Total Grants
6
Total Giving
$30K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kuang-Min Buddhist AssociationFOR GENERAL SUPPORT | Pasadena, CA | $10K | 2023 |
| Tainan High Schools Education FundFOR GENERAL SUPPORT | Lake Forest, CA | $2K | 2023 |
| The Huntington LibraryFor General Support | San Marino, CA | $2K | 2023 |
| Smile TrainFor General Support | New York, NY | $10K | 2020 |
| Union Station Homeless ServicesFor General Support | Pasadena, CA | $2K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA