Elite Hearts Foundation

Private foundation · Grantmaker Monroe Township, NJ EIN: 33-1621875

Elite Hearts Foundation is a private foundation, based in Monroe Township, NJ. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $312K in total assets.

Key facts about Elite Hearts Foundation

EIN
33-1621875
Latest 990 filing
Form 990-PF, 2025
Total assets
$311,869

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$312K

+94.7% YoY

Revenue

$194K

+14.2% YoY

Expenses

$41K

+297.6% YoY

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Kennett SquarePhiladelphia

Giving Over Time

Total grant dollars and number of grants per year

$0$200$400$6002 grants2024 0 grants2025

In 2024 it made 2 grants totaling $500.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$100K$200K$300K2024 2025
Metric20252024
Total Assets$311,869$160,160
Revenue$194,160$170,000
Expenses$40,910$10,288
Qualifying Distributions—$500

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2024 (received by the IRS June 6, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)

Leadership & Key People

Officers and directors from IRS filings

Elite Hearts Foundation is led by Helen Zhao, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Helen Zhao

    President

    On filings since 2024

    4 hrs/week

    No compensation reported

  • Kevin Tong

    Vice President

    On filings since 2024

    6 hrs/week

    No compensation reported

  • Li Zhao

    Treasurer

    On filings since 2024

    4 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "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 Elite Hearts Foundation

How large is Elite Hearts Foundation?

Elite Hearts Foundation reported $312K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $194K.

Where does Elite Hearts Foundation operate?

Elite Hearts Foundation has awarded grants in Pennsylvania.

What is Elite Hearts Foundation's EIN?

Elite Hearts Foundation's EIN (Employer Identification Number) is 33-1621875. IRS Form 990 filing data is available on this page for 2024–2025.

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

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