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Walter And Shirley Wang Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2023. The principal officer is Douglas Mancino. It holds total assets of $88M. Annual income is reported at $4.6M. 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 2022 to 2024. According to available records, Walter And Shirley Wang Foundation has made 14 grants totaling $2.8M, with a median grant of $50K. Annual giving has decreased from $1.6M in 2022 to $1.2M in 2023. Individual grants have ranged from $3K to $1M, with an average award of $203K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in California, New York, District of Columbia, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. 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.
Walter And Shirley Wang Foundation 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, NY, DC.
Walter And Shirley Wang Foundation has distributed a total of $2.8M across 14 grants. The median grant size is $50K, with an average of $203K. Individual grants have ranged from $3K to $1M.
Walter And Shirley Wang Foundation typically selects its grantees rather than accepting unsolicited proposals.
Walter And Shirley Wang Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter Wang Jr | OFFICER | $15K | $0 | $15K |
| Shirley Wang | PRESIDENT, TRUSTEE | $0 | $0 | N/A |
| Walter W Wang | SECRETARY, TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$88M
Fair Market Value
N/A
Net Worth
$86.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$2.8M
Average Grant
$203K
Median Grant
$50K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Asian Americans Advancing Justice Southern CaliforniaGENERAL SUPPORT | Los Angeles, CA | $500K | 2023 |
| Harvard Westlake SchoolTO SUPPORT EDUCATION | Los Angeles, CA | $500K | 2023 |
| Los Angeles Police FoundationGENERAL SUPPORT | Los Angeles, CA | $100K | 2023 |
| Chinatown Health Clinic FoundationTO SUPPORT 2023 ANNUAL GALA EVENT | New York, NY | $50K | 2023 |
| Tunnel To Towers FoundationGENERAL SUPPORT | Staten Island, NY | $50K | 2023 |
| Keep Bel-Air BeautifulGENERAL SUPPORT | Los Angeles, CA | $10K | 2023 |
| Hawai'I Ag&Culinary AllianceGENERAL SUPPORT | Honolulu, HI | $10K | 2023 |
| Pacific Council On International PolicyMMXXIII GALA TEAM SPONSOR | Los Angeles, CA | $10K | 2023 |
| Asian American Bar Association Of New YorkSUPCHINA GALA 2023 | New York, NY | $5K | 2023 |
| Columbia University Asian Faculty AssociationGENERAL SUPPORT | Newyork, NY | $3K | 2023 |
| Asian Americans Advancing JusticeTO SUPPORT EDUCATION | Washington, DC | $100K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA