Han & Kong Foundation

MILPITAS, CA EIN: 20-1994439

Han & Kong Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILPITAS, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $726K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$726K

+3.1% YoY

Annual Giving

$15K

-25.8% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$3K

-40.6% YoY

Under IRS private-foundation payout rules, Han & Kong Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Han & Kong Foundation

Based on IRS filings

Han & Kong Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILPITAS, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $726K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

MilpitasPomonaSan JoseSouth BurlingtonStanford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$173K$260K$346K2021202220232024
Metric202420232022
Total Assets$725,539$703,557$637,893
Revenue$35,662$55,790$314,615
Expenses$44,351$30,187$9,455
Qualifying Distributions$44,351$30,187$9,455
Net Investment Income$16,642$14,615
Distributable Amount$34,883$33,430$30,103

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grants20211 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Harker School$8KStanford University$5KNA Financial Education F…$2KBuddism Society of America$480Recycleballs$10

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Harker School ($7,500), Stanford University ($5,000), NA Financial Education Foundation ($2,002).

RecipientPurposeAmount
Stanford University Stanford, CAgeneral education$5,000
Buddism Society of America San Jose, CAreligious education$480
Harker School San Jose, CAgeneral education$7,500
NA Financial Education Foundation Pomona, CAeducation$2,002
Recycleballs South Burlington, VTrecycling$10

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Xue HanCEO12
Ting KongSecretary2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Han & Kong Foundation?

Han & Kong Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILPITAS, CA. It holds $726K in total assets as of 2024.

How large is Han & Kong Foundation?

As of 2024, Han & Kong Foundation holds $726K in total assets with $36K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Han & Kong Foundation operate?

Han & Kong Foundation has awarded grants in California, Vermont.

What size grants does Han & Kong Foundation award?

In 2024, Han & Kong Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Han & Kong Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Han & Kong Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Han & Kong Foundation's EIN?

Han & Kong Foundation's EIN (Employer Identification Number) is 20-1994439. IRS Form 990 filing data is available on this page for 2021–2024.

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

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