Adam Wang Family Foundation is a private foundation focused on Education, based in ARCADIA, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grants totaling $80K. Net investment income was $760K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+242.3% YoY
Annual Giving
$80K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$80K
+100.0% YoY
Under IRS private-foundation payout rules, Adam Wang Family Foundation reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About Adam Wang Family Foundation
Based on IRS filings
Adam Wang Family Foundation is a private foundation focused on Education, based in ARCADIA, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grants totaling $80K. Net investment income was $760K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $2,470,651 | $721,801 |
| Revenue | $2,382,359 | $800,105 |
| Expenses | $278,588 | $86,009 |
| Qualifying Distributions | — | — |
| Net Investment Income | $760,142 | $105 |
| Distributable Amount | $83,018 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of California Berkeley ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF CALIFORNIA BERKELEY BERKELEY, CA | EDUCATION | $80,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIAN WANG | CHAIR OF BOARD | 40 | — |
| RALPH DAVIDLOO | CFO | 30 | $80,000 |
| RUI YANG | SECRETARY | 20 | — |
| XINMIAO WANG | VICE PRESIDENT | 25 | — |
| TIANYU CAO | ASSISTANT SECRETARY | 20 | — |
| XINYU WANG | ASSISTANT CFO | 10 | — |
| XIAOFENG XIAO | ASSISTANT SECRETARY | 40 | $50,962 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Adam Wang Family Foundation?
Adam Wang Family Foundation is a nonprofit organization focused on Education, based in ARCADIA, CA. It holds $2.5M in total assets as of 2024.
How large is Adam Wang Family Foundation?
As of 2024, Adam Wang Family Foundation holds $2.5M in total assets with $2.4M in annual revenue. It awarded 1 grants totaling $80K in 2024.
Where does Adam Wang Family Foundation operate?
Adam Wang Family Foundation has awarded grants in California.
What size grants does Adam Wang Family Foundation award?
In 2024, Adam Wang Family Foundation awarded 1 grants totaling $80K — an average of about $80K per grant, based on its IRS Form 990 filings.
How much is Adam Wang Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Adam Wang Family Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Adam Wang Family Foundation's EIN?
Adam Wang Family Foundation's EIN (Employer Identification Number) is 92-1700292. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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