Green Ocean Foundation
Green Ocean Foundation is a private foundation, based in Cupertino, CA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $2.1M in total assets. In 2026, it awarded 2 grants totaling $133K. Net investment income was $45K.
Green Ocean Foundation at a glance
In short: Green Ocean Foundation gave $133K across 2 grants in 2026 (avg $67K), mostly in California. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $133,000
- +150.9% vs 2025
- Grants made (2026)
- 2
- +0.0% vs 2025
- Average grant
- $66,500
- +150.9% vs 2025
- Median grant
- $66,500
- Total assets
- $2,072,988
- -4.6% vs 2025
- Primary geography
- California (98% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Green Ocean Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Chang Tseng Family Foundation ($130K). Together the top 2 received $133K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
States
Cities
How Green Ocean Foundation gives
- Giving grew 4333% from 2023 to 2026. Method
- In 2026 it paid out 186% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $3K (2023) to $133K (2026). In 2026 it made 2 grants totaling $133K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chang Tseng Family Foundation Cupertino, CA | To 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. | $130,000 |
| St Jude Internet Memphis, TN | To advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,072,988 | $202,788 | $303,007 | $133,000 | 2 | $300,359 | $44,719 | $161,268 |
| 2025 | $2,173,304 | $264,124 | $226,465 | $53,000 | 2 | $226,535 | $59,124 | $146,409 |
| 2024 | $2,141,895 | $417,492 | $94,383 | $3,000 | 1 | $93,976 | $120,099 | $115,613 |
| 2023 | $1,809,864 | $298,339 | $75,837 | $3,000 | 1 | $77,188 | $33,863 | $86,642 |
| 2022 | $1,584,917 | $70,124 | $134,325 | $92,750 | 2 | $148,051 | $70,124 | $92,561 |
| 2021 | $1,646,868 | $59,023 | $119,928 | $91,350 | 3 | — | $36,631 | $90,384 |
| 2020 | $1,710,207 | $714,872 | $51,918 | $3,800 | 3 | — | $59,554 | $73,763 |
Under IRS private-foundation payout rules, Green Ocean Foundation reported a distributable amount of $161K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Green Ocean Foundation is led by Yuan Ning Tseng, President & CEO on every filing since 2020; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Yuan Ning Tseng
President & CEO
On filings since 2020
4 hrs/week
No compensation reported
Shih Chang Chang
Secretary & CFO
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2026. "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 Green Ocean Foundation
How much does Green Ocean Foundation give each year?
Green Ocean Foundation gave $133K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $53K across 2 grants.
How large is Green Ocean Foundation?
Green Ocean Foundation reported $2.1M in total assets on its 2026 IRS Form 990-PF. It paid out $300K in qualifying distributions that year, against a required minimum of $161K (roughly 5% of its investment assets).
Where does Green Ocean Foundation operate?
Green Ocean Foundation has awarded grants in California, Tennessee.
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 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS May 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Green Ocean Foundation's focus areas in our free grants database
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