Derek Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $349K in total assets. In 2025, it awarded 6 grants totaling $13K. Net investment income was $17K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$349K
-0.8% YoY
Annual Giving
$13K
-12.5% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$2K
+45.9% YoY
Under IRS private-foundation payout rules, Derek Wang Family Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
About Derek Wang Family Foundation
Based on IRS filings
Derek Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $349K in total assets. In 2025, it awarded 6 grants totaling $13K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $349,467 | $352,152 | $368,299 |
| Revenue | $17,210 | $8,650 | $-19,130 |
| Expenses | $19,895 | $20,485 | $28,265 |
| Qualifying Distributions | $19,895 | $20,485 | $28,265 |
| Net Investment Income | $17,210 | $13,255 | $12,448 |
| Distributable Amount | $19,897 | $18,351 | $18,985 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Friends of Children with Special Ne ($5,500), Monterey Bay Aquarium ($2,500), James Smithson Society ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Monterey Bay Aquarium Monterey, CA | For over 30 years, the Monterey Bay Aquarium has worked to protect ocean life for future generations by inspiring young and old with the beauty and wonder of the ocean. | $2,500 |
| James Smithson Society Washington, DC | For the worlds largest museum, education, and research complex, with 19 museums and the National Zooshaping the future by preserving our heritage, discovering new knowledge, and sharing our resources with the world. | $2,500 |
| River of Life Christian Church Santa Clara, CA | For our youth to become disciples who create a kingdom culture and go out to impact the world. | $1,500 |
| Friends of Children with Special Ne Fremont, CA | To help individual with special needs and their families find love, hope, respect, and support through integrated community involvement. | $5,500 |
| National Geographic Society Washington, DC | Using the power of science, exploration, education, and storytelling to illuminate and protect the wonder of our world. | $1,000 |
| Camp Via West Cupertino, CA | To empower people with disabilities and their families to grow, develop, and thrive by providing essential skill-building and recreational programs. | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| XIANFENG WANG | President & CEO | 2 | — |
| WEI LI | Secretary & CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Derek Wang Family Foundation?
Derek Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. It holds $349K in total assets as of 2025.
How large is Derek Wang Family Foundation?
As of 2025, Derek Wang Family Foundation holds $349K in total assets with $17K in annual revenue. It awarded 6 grants totaling $13K in 2025.
Where does Derek Wang Family Foundation operate?
Derek Wang Family Foundation has awarded grants in Arizona, California, District of Columbia, Delaware, Illinois, Maryland, New York, Tennessee, Virginia.
What size grants does Derek Wang Family Foundation award?
In 2025, Derek Wang Family Foundation awarded 6 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Derek Wang Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Derek Wang Family Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Derek Wang Family Foundation's EIN?
Derek Wang Family Foundation's EIN (Employer Identification Number) is 26-4833275. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Derek Wang Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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