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Wei Laboratories Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2008. The principal officer is Jeffrey Haoran Wei. It holds total assets of $267K. Annual income is reported at $2K. Total assets have grown from $119K in 2010 to $267K 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. According to available records, Wei Laboratories Foundation has made 5 grants totaling $45K, with a median grant of $10K. Annual giving has decreased from $30K in 2022 to $15K in 2023. Individual grants have ranged from $5K to $15K, with an average award of $9K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in 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.
Wei Laboratories Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Wei Laboratories Foundation has distributed a total of $45K across 5 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $5K to $15K.
Wei Laboratories Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wei Laboratories Foundation is headquartered in SARATOGA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah Shuying Li | SECRETARY | $0 | $0 | N/A |
| Jeffrey Haoran Wei | PRESIDENT | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$267K
Fair Market Value
$267K
Net Worth
$267K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$11K
Total: $50K
Total Grants
5
Total Giving
$45K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Claremont Mckenna CollegeDONATION | Claremont, CA | $15K | 2023 |
| Associated Students Of The University Of CaliforniaDONATION | Berkeley, CA | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA