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Zhang Initiative Foundation is a private corporation based in DUBLIN, CA. The foundation received its IRS ruling in 2017. It holds total assets of $2.4M. Annual income is reported at $310K. ZHEJIANG UNIVERSITY EDUCATION FOUNDATIONINVOLVED IN EDUCATIONAL AND ALUMNI ACTIVITIES IN USA. According to available records, Zhang Initiative Foundation has made 16 grants totaling $617K, with a median grant of $22K. Annual giving has decreased from $407K in 2021 to $211K in 2022. Individual grants have ranged from $1K to $100K, with an average award of $39K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in California, New York, Massachusetts, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
ZHEJIANG UNIVERSITY EDUCATION FOUNDATIONINVOLVED IN EDUCATIONAL AND ALUMNI ACTIVITIES IN USA.
Expenses: $5K
UCSF FOUNDATIONINVOLVED IN DONATION OF N95 MASKS.
Expenses: $3K
STANFORD HEALTH CAREINVOLVED IN DONATION OF N95 MASKS.
Expenses: $3K
THE HARKER SCHOOLINVOLVED IN EDUCATION ACTIVITIES.
Expenses: $102K
ZHEJIANG UNIVERSITY EDUCATION FOUNDATIONINVOLVED IN EDUCATIONAL AND ALUMNI ACTIVITIES IN USA. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, NY, MA.
Zhang Initiative Foundation has distributed a total of $617K across 16 grants. The median grant size is $22K, with an average of $39K. Individual grants have ranged from $1K to $100K.
Zhang Initiative Foundation typically selects its grantees rather than accepting unsolicited proposals.
Zhang Initiative Foundation is headquartered in DUBLIN, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ming Zhang | President & CEO | $0 | $0 | $0 |
| Hong Zhang | Secretary | $0 | $0 | $0 |
Total Giving
$116K
Total Assets
$2.4M
Fair Market Value
$2.4M
Net Worth
$2.4M
Grants Paid
$106K
Contributions
$0
Net Investment Income
$132K
Distribution Amount
$119K
Total: $2.2M
Total Grants
16
Total Giving
$617K
Average Grant
$39K
Median Grant
$22K
Unique Recipients
13
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MitCOVID RELIEF | Cambridge, MA | $76K | 2021 |
| The Harker SchoolCHARITY | San Jose, CA | $100K | 2022 |
| Chinese American Heart AssociationCHARITY | North Andover, MA | $5K | 2022 |
| Tianmu EducationCHARITY | Saratoga, CA | $3K | 2022 |
| World Central KitchenCHARITY | Washington, DC | $3K | 2022 |
Other foundations that have funded Zhang Initiative Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Enlight Foundation | $300K | 2020 | CHARITY |
| 2020 | 990PF | View |
| 2018 | 990PF | View |
| Valley Medical Center FoundationCOVID RELIEF | San Jose, CA | $71K | 2021 |
| Nassau Health Care CorpCOVID RELIEF | East Meadow, NY | $26K | 2021 |
| Good Samaritan HospitalCOVID RELIEF | West Islip, NY | $22K | 2021 |
| Stoney Brook UniversityCOVID RELIEF | Stony Brook, NY | $22K | 2021 |
| Staten Island University HospitalCOVID RELIEF | Staten Island, NY | $16K | 2021 |
| Santa Clara County Sheriff'S AdvisoCOVID RELIEF | San Jose, CA | $8K | 2021 |
| Brigham Women'S HospitalCOVID RELIEF | Boston, MA | $2K | 2021 |
| Los Gatos Ballet FoundationCHARITY | Los Gatos, CA | $1K | 2021 |
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