Green Ocean Foundation

CUPERTINO, CA EIN: 82-0832382

Green Ocean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 2 grants totaling $53K. Net investment income was $59K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+1.5% YoY

Annual Giving

$53K

+1666.7% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$27K

+783.3% YoY

Under IRS private-foundation payout rules, Green Ocean Foundation reported a distributable amount of $146K for 2025 — the minimum it must pay out in qualifying distributions.

About Green Ocean Foundation

Based on IRS filings

Green Ocean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 2 grants totaling $53K. Net investment income was $59K.

Ready to take the next step with Green Ocean Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CupertinoMemphisMontereyMonterey ParkSan Jose

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$197K$393K$590K$786K202020212022202320242025
Metric202520242023
Total Assets$2,173,304$2,141,895$1,809,864
Revenue$264,124$417,492$298,339
Expenses$226,465$94,383$75,837
Qualifying Distributions$226,535$93,976$77,188
Net Investment Income$59,124$120,099$33,863
Distributable Amount$146,409$115,613$86,642

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$70K$93K3 grants20203 grants20212 grants20221 grants20231 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Chang Tseng Family Found…$50KSt Jude Internet$3K

Grant Size Distribution

9 grants across all recorded years

6<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Chang Tseng Family Foundation ($50,000), St Jude Internet ($3,000).

RecipientPurposeAmount
St Jude Internet Memphis, TNTo advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment.$3,000
Chang Tseng Family Foundation Cupertino, CATo provide financial relief to the poor. The distressed and underprivileged; support advancement of education and science; support universities, schools, libraries, churches, temples and other places of general public benefit.$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
YUAN NING TSENGPresident & CEO4
SHIH CHANG CHANGSecretary & CFO1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Green Ocean Foundation?

Green Ocean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. It holds $2.2M in total assets as of 2025.

How large is Green Ocean Foundation?

As of 2025, Green Ocean Foundation holds $2.2M in total assets with $264K in annual revenue. It awarded 2 grants totaling $53K in 2025.

Where does Green Ocean Foundation operate?

Green Ocean Foundation has awarded grants in California, Tennessee.

What size grants does Green Ocean Foundation award?

In 2025, Green Ocean Foundation awarded 2 grants totaling $53K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Green Ocean Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Green Ocean Foundation reported a distributable amount of $146K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Green Ocean Foundation's EIN?

Green Ocean Foundation's EIN (Employer Identification Number) is 82-0832382. IRS Form 990 filing data is available on this page for 2020–2025.

Explore Open Grants

Browse active grant opportunities in Green Ocean Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in California

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

What could you do with Green Ocean Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities