Ding Foundation Inc

Private foundation · Grantmaker Wellesley, MA EIN: 83-1867191

Ding Foundation Inc is a private foundation, based in Wellesley, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $351K in total assets. In 2024, it awarded 4 grants totaling $39K. Net investment income was $62K.

Ding Foundation Inc at a glance

In short: Ding Foundation Inc gave $39K across 4 grants in 2024 (avg $10K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$39,109
-22.8% vs 2023
Grants made (2024)
4
+100.0% vs 2023
Average grant
$9,777
-61.4% vs 2023
Median grant
$1,500
Total assets
$351,033
+21.3% vs 2023
Primary geography
Massachusetts (95% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ding Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Fessenden School: $36KFessenden School$36KPortsmouth Abbey School: $2KPortsmouth Abbey School$2KNew Legacy Cultural Center Inc: $1KNew Legacy Cultural Center Inc$1KWaltham Boys Gils Club: $400Waltham Boys Gils Club$400

The largest 2024 recipient was Fessenden School ($36K). Together the top 4 received $39K.

Grant Size Distribution

11 grants across all recorded years

10<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 11 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

West NewtonChestnut HillConcordLexingtonNewton CenterPortsmouthWaltham

How Ding Foundation Inc gives

  • Giving grew 119% from 2021 to 2024. Method
  • In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2020 1 grant2021 2 grants2022 2 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $18K (2021) to $51K (2023). In 2024 it made 4 grants totaling $39K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fessenden School West Newton, MACharitable General Fund$35,709
Portsmouth Abbey School Portsmouth, RICharitable General Fund$2,000
New Legacy Cultural Center Inc Lexington, MAAutism Research Funderaiser$1,000
Waltham Boys Gils Club Waltham, MACharitable General Fund$400
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$351,033$73,406$11,779$39,1094—$61,627$24,261
2023$289,406$-10,205$54,467$50,6732——$5,912
2022$354,078$170,969$43,746$37,8602——$9,256
2021$226,855$46,209$22,812$17,8601$17,860$12,619$1,333
2020$203,458$226,000$23,945$19,8602——$13,462

Under IRS private-foundation payout rules, Ding Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Ding Foundation Inc is led by Gang Ding, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gang Ding

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Limin Li

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephen N. Wilchins

    Clerk

    On filings since 2020

    1 hr/week

    No compensation reported

  • Haoting Ding

    Vice President

    New on the 2024 filing

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ding Foundation Inc

How much does Ding Foundation Inc give each year?

Ding Foundation Inc gave $39K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $51K across 2 grants.

What is Ding Foundation Inc's typical grant size?

Ding Foundation Inc's median grant in 2024 was $1,500, and its average grant was $9,777, across 4 grants on its 2024 IRS Form 990-PF.

Where does Ding Foundation Inc give grants?

Ding Foundation Inc gives mostly in Massachusetts: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Rhode Island (5%).

Does Ding Foundation Inc give general operating support?

Yes: 75% of Ding Foundation Inc's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Ding Foundation Inc?

Ding Foundation Inc reported $351K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $73K.

How much is Ding Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ding Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ding Foundation Inc's EIN?

Ding Foundation Inc's EIN (Employer Identification Number) is 83-1867191. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ding Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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