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Won Foundation Inc. is a private corporation based in HOOVER, AL. The foundation received its IRS ruling in 2012. It holds total assets of $837K. Annual income is reported at $15K. Total assets have grown from $155K in 2011 to $883K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Won Foundation Inc. has made 5 grants totaling $48K, with a median grant of $8K. Annual giving has grown from $18K in 2020 to $30K in 2022. Individual grants have ranged from $5K to $15K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$8K
Based on 3 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.
Won Foundation Inc. 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 AL.
Won Foundation Inc. has distributed a total of $48K across 5 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $5K to $15K.
Won Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (611577710) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Won Foundation Inc. is headquartered in HOOVER, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yue Lan Chen | PRESIDENT | $0 | $0 | N/A |
| Gin Shen Chen | SECRETARY | $0 | $0 | N/A |
| Gin Hsing Chen | TREASURER | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$883K
Fair Market Value
$957K
Net Worth
$883K
Grants Paid
$90K
Contributions
$42K
Net Investment Income
$13K
Distribution Amount
$46K
Total: $207K
Total Grants
5
Total Giving
$48K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Birmingham Chinese Christian ChurchFUNDING | Birmingham, AL | $15K | 2022 |
| Friends Of The Chinese American MuseumFUNDING | Los Angeles, AL | $5K | 2020 |
| Asian Americans Advancing Justice-Los AngelesFUNDING | Los Angeles, AL | $5K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL