Gerri and Rich Wong Family Foundation

WILMINGTON, DE EIN: 85-3971817

Gerri and Rich Wong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 15 grants totaling $4.0M. Net investment income was $7.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.0M

+47.3% YoY

Annual Giving

$4.0M

+153.9% YoY

Grant Count

15

+25.0% YoY

Avg Grant Size

$266K

+103.1% YoY

Under IRS private-foundation payout rules, Gerri and Rich Wong Family Foundation reported a distributable amount of $444K for 2024 — the minimum it must pay out in qualifying distributions.

About Gerri and Rich Wong Family Foundation

Based on IRS filings

Gerri and Rich Wong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 15 grants totaling $4.0M. Net investment income was $7.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AthertonBostonBurlingameCambridgeCharlotteChicagoMenlo ParkNew YorkNotre DameOaklandPalo AltoRedwood CitySan DiegoSan FranciscoSan JoseSan MateoSanta ClaraWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$10,968,100$7,444,538$6,834,655
Revenue$7,073,093$2,284,937$3,530,844
Expenses$4,174,752$1,675,054$833,749
Qualifying Distributions$4,052,442$1,594,976$806,242
Net Investment Income$7,043,869$2,246,957$3,377,784
Distributable Amount$444,483$318,110$150,079

Giving Over Time

Total grant dollars and number of grants per year

$0$997K$2M$3M$4M0 grants20205 grants20214 grants202212 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIDELITY INVESTMENTS CHA…$3.0MUNIVERSITY OF CHICAGO$415KSACRED HEART SCHOOLS ATH…$180KSACRED HEART SCHOOLS ATH…$170KPLEDGE 1 PERCENT ORG INC$50KUNIVERSITY OF CHICAGO$50KBOYS & GIRLS CLUB OF THE…$25KLIFEMOVES$25KSAMARITAN HOUSE$20KPENINSULA BRIDGE PROGRAM$20K

Grant Size Distribution

36 grants across all recorded years

18<$50K4$50–100K8$100–250K4$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($2,988,209), University of Chicago ($415,000), Sacred Heart Schools Atherton ($180,000).

RecipientPurposeAmount
ABILITYPATH REDWOOD CITY, CAFund-a-Future pledge$10,000
AVALON ACADEMY SAN MATEO, CABuilding Hope Campaign$10,000
BOYS & GIRLS CLUB OF THE PENINSULA MENLO PARK, CATo support BGCP's Competitive Sports$25,000
CASA OF SAN MATEO COUNTY REDWOOD CITY, CAGeneral & Unrestricted$10,000
CHILDRENS HEALTH COUNCIL INC PALO ALTO, CAGeneral & Unrestricted$3,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MAGeneral & Unrestricted (See In-Kind Grant General Explanation attachment)$2,988,209
LIFEMOVES SANTA CLARA, CAGeneral & Unrestricted$25,000
PENINSULA BRIDGE PROGRAM SAN MATEO, CAGeneral & Unrestricted$20,000
PLEDGE 1 PERCENT ORG INC SAN FRANCISCO, CAGeneral & Unrestricted$50,000
POSITIVE COACHING ALLIANCE OAKLAND, CAGeneral & Unrestricted$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Geraldine WongDir, Pres1
Richard WongDir, Sec, Treas1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gerri and Rich Wong Family Foundation?

Gerri and Rich Wong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $11.0M in total assets as of 2024.

How large is Gerri and Rich Wong Family Foundation?

As of 2024, Gerri and Rich Wong Family Foundation holds $11.0M in total assets with $7.1M in annual revenue. It awarded 15 grants totaling $4.0M in 2024.

Where does Gerri and Rich Wong Family Foundation operate?

Gerri and Rich Wong Family Foundation has awarded grants in California, District of Columbia, Illinois, Indiana, Massachusetts, North Carolina, New York.

What size grants does Gerri and Rich Wong Family Foundation award?

In 2024, Gerri and Rich Wong Family Foundation awarded 15 grants totaling $4.0M — an average of about $266K per grant, based on its IRS Form 990 filings.

How much is Gerri and Rich Wong Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerri and Rich Wong Family Foundation reported a distributable amount of $444K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gerri and Rich Wong Family Foundation's EIN?

Gerri and Rich Wong Family Foundation's EIN (Employer Identification Number) is 85-3971817. IRS Form 990 filing data is available on this page for 2020–2024.

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

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