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Wang & Tao Family Foundation is a private corporation based in HILLSBOROUGH, CA. The foundation received its IRS ruling in 2019. The principal officer is % Quynh Tran. It holds total assets of $912K. Annual income is reported at $110K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Wang & Tao Family Foundation has made 16 grants totaling $126K, with a median grant of $2K. Annual giving has grown from $900 in 2020 to $51K in 2023. Grantmaking activity was highest in 2022 with $55K distributed across 5 grants. Individual grants have ranged from $400 to $30K, with an average award of $8K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Illinois. Contributions to this foundation are tax-deductible.
Wang & Tao Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, IL.
Wang & Tao Family Foundation has distributed a total of $126K across 16 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $400 to $30K.
Wang & Tao Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wang & Tao Family Foundation is headquartered in HILLSBOROUGH, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tao Tao | CHIEF EXECUTIVE OFFICER | $0 | $0 | $0 |
| Chao Wang | SECRETARY | $0 | $0 | $0 |
Total Giving
$60K
Total Assets
$912K
Fair Market Value
$930K
Net Worth
$912K
Grants Paid
$51K
Contributions
$0
Net Investment Income
$29K
Distribution Amount
$47K
Total: $542K
Total Grants
16
Total Giving
$126K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundGENERAL PURPOSE | San Francisco, CA | $30K | 2023 |
| Hillsborough Schools FoundationGENERAL PURPOSE | Hillsborough, CA | $10K | 2023 |
| Northwestern UniversityGENERAL PURPOSE | Evanston, IL | $10K | 2023 |
| Kipp FoundationGENERAL PURPOSE | Irwindale, CA | $600 | 2023 |
| Sea Breeze SchoolGENERAL PURPOSE | Foster City, CA | $2K | 2022 |
| Asian Pacific FundGENERAL PURPOSE | San Francisco, CA | $1K | 2021 |
| University Of Science And Technology Of China Initiative FoundationGENERAL PURPOSE | Castro Valley, CA | $1K | 2021 |
| Project TfGENERAL PURPOSE | San Francisco, CA | $500 | 2020 |
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