Fortune Home Foundation

Private foundation · Grantmaker San Jose, CA EIN: 26-3936781

Fortune Home Foundation is a private foundation, based in San Jose, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $192K in total assets. In 2025, it awarded 1 grant totaling $11K.

Key facts about Fortune Home Foundation

In short: Fortune Home Foundation gave $11K across 1 grant in 2025 (avg $11K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
26-3936781
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$10,500
Grants made (2025)
1
Average grant
$10,500
Median grant
$10,500
Total assets
$192,342
Primary geography
California (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$192K

-9.9% YoY

Annual Giving

$11K

-12.5% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$11K

+162.5% YoY

Under IRS private-foundation payout rules, Fortune Home Foundation reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

How Fortune Home Foundation gives

  • Giving fell 38% from 2022 to 2025. Method
  • In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of the 2025 grant dollars on its one itemized grant.

Cities

Palo AltoIowa CityGambierInterlochenSacramentoNew YorkPhiladelphiaWashingtonSan Jose

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K6 grants2019 8 grants2020 9 grants2021 5 grants2022 3 grants2023 3 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $11K (2025) to $20K (2019). In 2025 it made 1 grant totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Castilleja School Foundation: $11KCastilleja School Foundation$11K

The largest 2025 recipient was Castilleja School Foundation ($11K).

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 21 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Castilleja School Foundation Palo Alto, CAEncourage girls education.$10,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$192,342$213,551$240,125
Revenue$-10,676$-14,533$-11,017
Expenses$10,533$12,041$14,842
Qualifying Distributions$10,500$12,025$14,842
Net Investment Income—$581$1,092
Distributable Amount$10,360$11,218$11,469

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 3, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 25, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 15, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 15, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 26, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 18, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 11, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Fortune Home Foundation is led by Jian Zhang, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jian Zhang

    President

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Fan Gong

    CFO

    On filings since 2019

    40 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Fortune Home Foundation

How much does Fortune Home Foundation give each year?

Fortune Home Foundation gave $11K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 3 grants.

How large is Fortune Home Foundation?

Fortune Home Foundation reported $192K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

Where does Fortune Home Foundation operate?

Fortune Home Foundation has awarded grants in California, District of Columbia, Iowa, Michigan, New York, Ohio, Pennsylvania.

What is Fortune Home Foundation's EIN?

Fortune Home Foundation's EIN (Employer Identification Number) is 26-3936781. IRS Form 990 filing data is available on this page for 2019–2025.

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

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