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Yin-Shun Foundation is a private corporation based in SPARTA, NJ. The foundation received its IRS ruling in 1997. It holds total assets of $86.2M. Annual income is reported at $502K. Total assets have grown from $9.9M in 2011 to $86.2M in 2024. The foundation is governed by 9 officers and trustees. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including New York, New Jersey, Maryland. According to available records, Yin-Shun Foundation has made 33 grants totaling $1M, with a median grant of $10K. The foundation has distributed between $308K and $382K annually from 2020 to 2022. Individual grants have ranged from $2K to $122K, with an average award of $31K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in New Jersey, New York, District of Columbia, which account for 45% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Yin-Shun Foundation operates as a deeply mission-driven, relationship-first private foundation honoring the legacy of Venerable Yin Shun (1906–2005), a pioneering Chinese Buddhist monk and Madhyamaka scholar whose 'Humanistic Buddhism' philosophy has influenced generations of practitioners worldwide. Incorporated in New Jersey in 1997 and governed entirely by volunteer monastic leaders and lay trustees — all receiving zero compensation across its entire recorded history — the foundation exemplifies a tightly networked, community-embedded Buddhist philanthropic institution.
The single most critical fact for prospective grantees: the Yin-Shun Foundation is preselected-only. There is no published application process, no grants portal, no listed deadlines, and no open RFP cycle. This is confirmed both by the foundation's database record ('preselected_only: true', 'application_instructions: none') and by the complete absence of public application guidance on its website or in any third-party grant database. Organizations that approach this funder through conventional grant-seeking channels — submitting unsolicited letters of inquiry or proposals — will find no mechanism to do so.
The foundation channels giving through two distinct programmatic streams. 'Support for Buddhist Propagation' — representing approximately 75-80% of grant dollars — funds Buddhist monasteries, dharma centers, cultural foundations, and teaching organizations concentrated in the NY/NJ/DC/MD corridor and with international connections to Taiwan. 'Compassion for Humanity' — roughly 20-25% of grant dollars — supports humanitarian organizations including Buddhist Global Relief, Doctors Without Borders, the World Food Program USA, and local social service providers.
The grantee roster has remained remarkably stable across multiple filing years: Fuyan Monastery, Bodhi Monastery, Light of Wisdom Dharma, and Yin Shun Cultural Foundation each appear in 3 consecutive tracked grant cycles, confirming a pattern of sustained multi-year institutional support rather than competitive annual cycles. First-time grantees do appear — Santavana Forest Hermitage and Bodhi Education Foundation each received $10,000 in a single cycle — suggesting the network is not entirely closed, but new entrants require an existing community connection to be considered.
The Yin-Shun Foundation's grantmaking reflects consistent and deliberate growth over the past five years. Direct grants paid increased from $265,000 across 7 awards in 2019 to $397,300 across 13 awards in 2023 — a 50% increase in dollars and an 86% increase in award count. When including all charitable disbursements (program expenses at affiliated institutions), total giving reached $627,583 in 2023, $596,987 in 2022, and $544,961 in 2021.
Grant size profile: median $30,000, average $30,636, range $2,000 to $82,000 across 11 tracked awards in the most recent normalized data set. The distribution is relatively concentrated in the $10,000-$42,000 range, with a few anchor grants to core institutional partners at the upper end.
By grantee relationship across all 33 tracked grants (totaling $1,027,350): Fuyan Monastery leads at $285,350 across 3 cycles, followed by Bodhi Monastery at $196,000 (3 cycles), Light of Wisdom Dharma at $144,000 (3 cycles), and Yin Shun Cultural Foundation at $132,000 (3 cycles). These four institutions alone account for roughly 74% of all tracked grant dollars, underscoring the foundation's preference for deep, long-term institutional partnerships.
The foundation's four program expense lines in the most recent 990-PF quantify core operational grants: Fuyan Buddhist Institute ($82,000), Bodhi Monastery ($63,000), Light of Wisdom ($42,000), and Yin Shun Cultural Foundation ($40,000). Beyond these flagship relationships, smaller grants of $5,000-$30,000 reach a wider circle.
Geographic distribution: New Jersey (6 grants), New York (5 grants), Washington DC (4 grants), Maryland (1 grant), with international grantees suggesting Taiwan-connected Buddhist networks. Revenue is entirely investment-derived — no outside contributions since 2020 ($4,300) — and assets have declined from $93.2M (2019) to $86.2M (2024) as annual disbursements systematically exceed investment income, reflecting a steady-state spend-down posture rather than a distress signal.
The database peers for the Yin-Shun Foundation are matched by asset size (~$86M) rather than mission, reflecting how unusual this foundation's Buddhist focus is at this capitalization level. No direct US Buddhist foundation peers of comparable asset scale were identified in public grant databases. The table below includes asset-based peers for financial context, followed by mission-relevant comparators from the broader Buddhist philanthropic space.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Yin-Shun Foundation (NJ) | $86.2M | $397K–$628K | Buddhist Propagation / Humanitarian | Preselected Only |
| Zhao-Chen Family Foundation Inc. (FL) | $86.3M | Not public | General Philanthropy | Not public |
| J C Kennedy Foundation Inc. (GA) | $86.3M | Not public | General Philanthropy | Not public |
| Skolnick Family Charitable Trust (FL) | $86.2M | Not public | General Philanthropy | Not public |
| 1923 Fund (IL) | $86.1M | Not public | General Philanthropy | Not public |
The asset-based peers above share similar capitalization but fundamentally different missions, offering limited strategic guidance. What distinguishes the Yin-Shun Foundation within the Buddhist grantmaking landscape is its dual identity: it functions simultaneously as a grantmaking institution and as an active community organization sponsoring Dharma Retreats, publishing Venerable Yin Shun's scholarly works in e-book format, and operating Bodhi Monastery programs — making philanthropy inseparable from institutional identity. Comparable foundations in the Buddhist space (Khyentse Foundation, Hershey Family Foundation's Buddhist stream, Buddhist Global Relief) operate open application cycles with published guidelines; the Yin-Shun Foundation's invitation-only model places it among the most insular Buddhist funders at this asset level, closer in temperament to a family foundation or community endowment than a conventional grantmaking foundation.
No public announcements, press releases, or news coverage from 2025 or 2026 were found for the Yin-Shun Foundation through comprehensive web research across multiple grant databases and news sources. This absence is characteristic of the foundation's deliberately low public profile.
The most recent publicly available 990-PF data (fiscal year 2024) documents total assets of $86.2 million and total expenses of $659,543, with charitable disbursements of $474,251 — 71.9% of total expenses. Twelve grants were made in fiscal year 2024, with Bodhi Monastery receiving $75,000 as the largest single award in that cycle.
The foundation's website (yinshun.org) continues to host bilingual (Chinese/English) resources including a digital archive of Venerable Yin Shun's complete scholarly works, course video lecture materials, and information about the annual Dharma Retreat program — a signature in-person educational offering historically open for applications each June. No 2025 retreat announcement was found at time of research (April 2026).
Leadership has remained stable across multiple filing cycles. Chairman Ven Bhikkhu Chang-Tzu and Secretary Steve Lue appear consistently across the most recent board rosters reviewed, and all trustees and officers continue to serve without compensation. The most notable operational signal from recent filings is the steady increase in annual grant count — from 7 awards in 2019 to 12-13 awards in 2023-2024 — suggesting cautious but deliberate network expansion within the foundation's established community.
The single most important application strategy for the Yin-Shun Foundation is accepting the structural reality: there is no formal application process to navigate. This is a preselected-only funder. Organizations that invest energy in relationship-building within the foundation's community will outperform those who attempt to submit proposals through conventional channels.
Entry through core network institutions. Bodhi Monastery (Lafayette, NJ) is the foundation's most-funded operational partner ($196,000 across 3 tracked cycles) and serves as the geographic and spiritual hub of its community. Regular, sustained participation in monastery programs, retreats, and dharma events is the most direct route to visibility with board members. Similarly, Fuyan Buddhist Institute ($285,350 across 3 cycles) anchors an international network extending to Taiwan-based Buddhist communities.
Philosophical alignment is non-negotiable. All funded organizations connect explicitly to either Buddhist institutional support or humanitarian relief. Venerable Yin Shun's 'Humanistic Buddhism' — socially engaged, oriented toward everyday life rather than esoteric practice — is the governing philosophy. The ability to articulate how your work advances this specific tradition, as distinct from Tibetan, Zen, or secular Buddhist traditions, is essential.
Use the Compassion for Humanity stream as a first entry point. Non-Buddhist humanitarian organizations have been funded at the $2,000-$18,700 range (Doctors Without Borders, World Food Program USA, Market Street Mission). This stream is more accessible to organizations outside the core Buddhist network, though grant sizes remain modest.
Bilingual presentation matters. Foundation leadership reflects a Chinese-American Buddhist community orientation. Organizational materials in both English and Mandarin Chinese signal cultural competency and genuine community integration.
First-time grant expectations should be modest. The $60,000-$82,000 grants visible in 990-PF program expense lines represent decades-long anchor partnerships. New entrants should anchor initial asks to the $5,000-$20,000 range, reflecting the typical first-time grant pattern visible in single-cycle grantee records (Santavana Forest Hermitage, Bodhi Education Foundation — each received $10,000).
Contact the foundation directly at (973) 960-1448 or write to PO Box 508, Sparta, NJ 07871-0508. With no online portal, a respectful introductory call is the appropriate first step.
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Smallest Grant
$5K
Median Grant
$30K
Average Grant
$31K
Largest Grant
$82K
Based on 11 grants from the most recent 990-PF filing.
Bodhi monastery
Expenses: $63K
Fuyan Buddhist Institute
Expenses: $82K
Yin shun cultural foundation
Expenses: $40K
Light of wisdom
Expenses: $42K
The Yin-Shun Foundation's grantmaking reflects consistent and deliberate growth over the past five years. Direct grants paid increased from $265,000 across 7 awards in 2019 to $397,300 across 13 awards in 2023 — a 50% increase in dollars and an 86% increase in award count. When including all charitable disbursements (program expenses at affiliated institutions), total giving reached $627,583 in 2023, $596,987 in 2022, and $544,961 in 2021. Grant size profile: median $30,000, average $30,636, ran.
Yin-Shun Foundation has distributed a total of $1M across 33 grants. The median grant size is $10K, with an average of $31K. Individual grants have ranged from $2K to $122K.
The Yin-Shun Foundation operates as a deeply mission-driven, relationship-first private foundation honoring the legacy of Venerable Yin Shun (1906–2005), a pioneering Chinese Buddhist monk and Madhyamaka scholar whose 'Humanistic Buddhism' philosophy has influenced generations of practitioners worldwide. Incorporated in New Jersey in 1997 and governed entirely by volunteer monastic leaders and lay trustees — all receiving zero compensation across its entire recorded history — the foundation exem.
Yin-Shun Foundation is headquartered in SPARTA, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steve Lue | Secretary | $0 | $0 | N/A |
| Bao-Hwa Sheu | Treasurer | $0 | $0 | N/A |
| Ven Bhikkhu Chang-Tzu | Chairman | $0 | $0 | N/A |
| Hsiu-Ju Phi | Trustee | $0 | $0 | N/A |
| Sheng-Chiang Lu | ALT TRUSTEE | $0 | $0 | N/A |
| Tse-Yu Hsieh | ALT TRUSTEE | $0 | $0 | N/A |
| Ven Yuan-Wu | Trustee | $0 | $0 | N/A |
| Ven Yuan Po | Trustee | $0 | $0 | N/A |
| Taihua Wu | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$86.2M
Fair Market Value
N/A
Net Worth
$86.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
33
Total Giving
$1M
Average Grant
$31K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global GivingCompassion for Humanity | Washington, DC | $10K | 2022 |
| Fuyan MonasterySUPPORT FOR BUDDHIST PROPAGATION | East District | $122K | 2022 |
| Bodhi MonasterySUPPORT FOR BUDDHIST PROPAGATION | Lafayette, NJ | $70K | 2022 |
| Light Of Wisdom DharmaSUPPORT FOR BUDDHIST PROPAGATION | Taipei | $60K | 2022 |
| Yin Shun Cultural FoundationSUPPORT FOR BUDDHIST PROPAGATION | Jhubei City | $50K | 2022 |
| Buddhist Global ReliefCompassion for Humanity | Carmel, NY | $30K | 2022 |
| Cheng-Hsiu BuddhisSUPPORT FOR BUDDHIST PROPAGATION | Kaohsiung City | $10K | 2022 |
| Miao Yun Aranya FoundationSUPPORT FOR BUDDHIST PROPAGATION | Chiayi City | $10K | 2022 |
| Chiayi Young Buddhist Assocsupport for buddhist propagation | Chiayi City | $10K | 2022 |
| World Food ProgramCompassion for Humanity | Washington, DC | $6K | 2022 |
| LvmcCompassion for Humanity | Morristown, NJ | $2K | 2022 |
| Market Street MissionCompassion for Humanity | Morristown, NJ | $2K | 2022 |
| Doctors Without BordersCompassion for Humanity | New York, NY | $10K | 2021 |
| Santavana Forest HermitageSupport for Buddhist Propagation | Tuaran | $10K | 2020 |
| Tzu-Chi FoundationCompassion for Humanity | Cedar Grove, NJ | $10K | 2020 |
| Bodhi Education FoundationSUPPORT FOR BUDDHIST PROPAGATION | Silver Spring, MD | $10K | 2020 |