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Zhu Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $1.1M. Annual income is reported at $1.1M. Total assets have decreased from $1.4M in 2011 to $870K in 2023. The foundation is governed by 1 officer or trustee. 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. The foundation primarily funds organizations in California and Massachusetts. According to available records, Zhu Family Foundation Inc. has made 32 grants totaling $1.2M, with a median grant of $20K. The foundation has distributed between $373K and $405K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $405K distributed across 14 grants. Individual grants have ranged from $5K to $200K, with an average award of $37K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Massachusetts and California and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$29K
Largest Grant
$100K
Based on 7 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.
Zhu Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MA, CA, VA.
Zhu Family Foundation Inc. has distributed a total of $1.2M across 32 grants. The median grant size is $20K, with an average of $37K. Individual grants have ranged from $5K to $200K.
Zhu Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Zhu Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Huican Zhu | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$419K
Total Assets
$870K
Fair Market Value
$1.3M
Net Worth
$870K
Grants Paid
$405K
Contributions
$299K
Net Investment Income
$263K
Distribution Amount
$47K
Total Grants
32
Total Giving
$1.2M
Average Grant
$37K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| President And Fellows Of Harvard CollegeSEAS Grid Support fund | Boston, MA | $200K | 2023 |
| Stanford UniversityREAP program to support Shangqiu project | Stanford, CA | $74K | 2023 |
| Center For Excellence In EducationRSI Summer Camp | Mclean, VA | $10K | 2023 |
| Mathematics Foundation Of AmericaMathcamp | Cambridge, MA | $10K | 2023 |
| U C Santa Cruz FoundationCrEST Fund | Santa Cruz, CA | $6K | 2023 |
| The Harker SchoolAnnual Fund | San Jose, CA | $5K | 2023 |
| Beth Israel Deaconess Medical Center IncSlack/RNA Institute Fund | Boston, MA | $25K | 2022 |
| University Of California Santa BarbaraUCSB for the Zhu Chair in Computer Science | Santa Barbara, CA | $13K | 2022 |
| President And Fellows Of Harvard College SternlicZhu Family Scholarship Fund | Cambridge, MA | $100K | 2021 |
| Concord ReviewGeneral & Unrestricted | Sudbury, MA | $20K | 2021 |