Eustace-kwan Family Foundation

MENLO PARK, CA EIN: 20-2865402

The Eustace-Kwan Family Foundation is a private family foundation established in 2005 and based in Menlo Park, California. The foundation is the philanthropic vehicle of Alan Eustace, former senior vice president at Google, and his wife, Kathy Kwan, who previously worked at Kaiser Permanente for more than a decade. The foundation maintains a minimal web presence and operates through multi-year partnerships with pre-selected organizations.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$248K

-96.9% YoY

Grant Count

-90.9% YoY

Avg Grant Size

$248K

-66.3% YoY

Under IRS private-foundation payout rules, Eustace-kwan Family Foundation reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation prioritizes educational issues and social support, with specific grantmaking areas of interest including:

Educational equity
Job skills development
Leadership and professional development
College readiness and economic development

The foundation has been increasing its annual education grantmaking and supports public school districts in the mid-Peninsula area.

Grantmaking

Ready to take the next step with Eustace-kwan Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation prioritizes the Bay Area, with particular focus on the mid-Peninsula area of California, including Menlo Park and Redwood City.

Grant Distribution by State

California $12.0M (58%)

New York $7.3M (36%)

Massachusetts $1.1M (5%)

Oklahoma $25K (0%)

Alabama $20K (0%)

Indiana $19K (0%)

Rhode Island $13K (0%)

States

Alabama California Indiana Massachusetts New York Oklahoma Rhode Island

Cities

AlbanyAthertonBerkeleyEast Palo AltoIndianapolisMedfordMenlo ParkMontgomeryOaklandPalo AltoProvidenceRedwood CitySan FranciscoSan JoseSan MateoStanfordTulsa

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total assets: $0
Total giving: $247,949
Total expenses: $260,000
Revenue: $790

As of 2019:

Total assets: $12 million
Total distributions: $7.1 million
Grant count: 42 grants

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$258,888	$6,936,892
Revenue	$790	$214,347	$1,370,516
Expenses	$259,699	$6,892,351	$5,120,964
Qualifying Distributions	$253,824	$6,844,592	—
Net Investment Income	—	$175,243	$1,317,602
Distributable Amount	$2,040	$182,317	$493,748

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 2023

Grant Size Distribution

78 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Goldman Sachs Philanthropy Fund ($247,949).

Recipient	Purpose	Amount
GOLDMAN SACHS PHILANTHROPY FUND ALBANY, NY	GENERAL PURPOSE FUNDING	$247,949

Leadership & Key People

Leadership team and compensation from IRS filings

Kathy Kwan — Director and President of the foundation; former Kaiser Permanente employee; trustee at UC Berkeley
Alan Eustace — Co-founder; former Google senior vice president
Robert A. Eustace — Director, Secretary & CFO

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
ROBERT A EUSTACE	DIRECTOR, SECRETARY & CFO	1	—
KATHY A KWAN	DIRECTOR & PRESIDENT	2	—

Recent News & Activity

Recent developments and announcements

2023

The foundation filed a final return as of 2023, indicating a change in operational status. The most recent grant information available is from January 2024.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Eustace-kwan Family Foundation fund?

The foundation prioritizes educational issues and social support, with specific grantmaking areas of interest including: • Educational equity • Job skills development • Leadership and professional development • College readiness and economic development The foundation has been increasing its annual education grantmaking and supports public school districts in the mid-Peninsula area.

How do I apply for a grant from Eustace-kwan Family Foundation?

The foundation engages in multi-year partnerships with a handful of pre-selected organizations and **does not accept unsolicited proposals**. New grantseekers will find it difficult to gain the foundation's attention. **Grant Information:** • Typical grant awards range from $50,000 to $2,891,041 • Median grant amount: $112,000 • Total giving (2023): $247,949 **Recent Grantees Include:** • Aim High (supporting under-resourced middle school youth through free summer learning programs) • UC Berkel…

Where does Eustace-kwan Family Foundation make grants?

The foundation prioritizes the Bay Area, with particular focus on the mid-Peninsula area of California, including Menlo Park and Redwood City.

What size grants does Eustace-kwan Family Foundation award?

In 2023, Eustace-kwan Family Foundation awarded 1 grants totaling $248K — an average of about $248K per grant, based on its IRS Form 990 filings.

How much is Eustace-kwan Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Eustace-kwan Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Eustace-kwan Family Foundation's EIN?

Eustace-kwan Family Foundation's EIN (Employer Identification Number) is 20-2865402. IRS Form 990 filing data is available on this page for 2020–2023.