H&H Evergreen Foundation
H&H Evergreen Foundation is a private foundation, based in Menlo Park, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.7B in total assets. In 2025, it awarded 5 grants totaling $178.1M. Net investment income was $709.7M.
Key facts about H&H Evergreen Foundation
In short: H&H Evergreen Foundation gave $178.1M across 5 grants in 2025 (avg $35.6M), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 46-5066162
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $178,135,150
- Grants made (2025)
- 5
- Average grant
- $35,627,030
- Median grant
- $77,500
- Total assets
- $3,703,318,972
- 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
$3.7B
+16.7% YoY
Annual Giving
$178.1M
-20.4% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$35.6M
-4.4% YoY
Under IRS private-foundation payout rules, H&H Evergreen Foundation reported a distributable amount of $221.0M for 2025 — the minimum it must pay out in qualifying distributions.
How H&H Evergreen Foundation gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
- In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with H&H Evergreen Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $55.7M (2020) to $223.7M (2024). In 2025 it made 5 grants totaling $178.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Schwab Charitable (Donor Advised Fund) ($177.9M). Together the top 5 received $178.1M.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was in the $100–250K range: 9 grants of 26 (35%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable (Donor Advised Fund) San Francisco, CA | Charity | $177,858,500 |
| East Palo Alto Police Department East Palo Alto, CA | Public Safety | $150,000 |
| Monterey Peninsula Foundation Monterey, CA | Charity | $77,500 |
| Golf Diversity Program Portland, OR | Charity and Sport | $29,000 |
| CHP 11-99 Foundation Costa Mesa, CA | Charity and Public Safety | $20,150 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,703,318,972 | $3,172,771,055 | $2,493,531,546 |
| Revenue | $728,013,702 | $902,235,686 | $171,691,758 |
| Expenses | $195,274,576 | $225,185,597 | $184,040,488 |
| Qualifying Distributions | $178,415,885 | $224,017,134 | $183,851,644 |
| Net Investment Income | $709,654,291 | $879,665,969 | $126,405,226 |
| Distributable Amount | $220,963,389 | $200,223,910 | $179,512,984 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
H&H Evergreen Foundation's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Xiaoyun Zhu
Director
On filings since 2022
20 hrs/week
$48K (2022) → $48K (2025)
Yong Duan
Director
On filings since 2020
5 hrs/week
No compensation reported
Former officers (1)
- Former: Xiao Yun Zhu (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $48K, to Xiaoyun Zhu (Director).
Frequently asked questions about H&H Evergreen Foundation
How much does H&H Evergreen Foundation give each year?
H&H Evergreen Foundation gave $178.1M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $223.7M across 6 grants.
What is H&H Evergreen Foundation's typical grant size?
H&H Evergreen Foundation's median grant in 2025 was $77,500, and its average grant was $35,627,030, across 5 grants on its 2025 IRS Form 990-PF.
Where does H&H Evergreen Foundation give grants?
H&H Evergreen Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does H&H Evergreen Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on H&H Evergreen Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are H&H Evergreen Foundation's largest grantees?
H&H Evergreen Foundation's largest 2025 grantees include Schwab Charitable (Donor Advised Fund) ($177,858,500), East Palo Alto Police Department ($150,000) and Monterey Peninsula Foundation ($77,500), according to its 2025 IRS Form 990-PF.
How large is H&H Evergreen Foundation?
H&H Evergreen Foundation reported $3.7B in total assets on its 2025 IRS Form 990-PF. It paid out $178.4M in qualifying distributions that year, against a required minimum of $221.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is H&H Evergreen Foundation's EIN?
H&H Evergreen Foundation's EIN (Employer Identification Number) is 46-5066162. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching H&H Evergreen Foundation by hand.
Explore Open Grants
Browse active grant opportunities in H&H Evergreen Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Trustees of Columbia University in the City of New York
New York, NY
Columbia funds research, education and research, and capital projects, primarily through grants to universities and medical and research institutions across the United States, with the largest share going to New York recipients. Its 2025 grants had a median of about $109,000, though awards ranged from $5,350 to $15.1 million. The profile does not state whether it accepts unsolicited requests.
Assets
$26.0B
Grants
417
Total Given
$208.3M
Penner Family Foundation Inc
Bentonville, AR
The foundation supports higher education and education, as well as work in mental health, employment, and health care. Its 2025 grants ranged from $1,000 to $8 million, with a median of $25,000; the largest shares went to organizations in California and Rhode Island. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$85.5M
Grants
81
Total Given
$25.3M
Ima Foundation
Wichita, KS
Assets
$11.4M
Grants
602
Total Given
$831K
The Merops Foundation
Philadelphia, PA
The Merops Foundation primarily funds archaeology-related fellowships, research, excavations, conservation, and remediation projects, with 2024 grants also supporting educational and charitable organizations. Its 15 grants ranged from $5,000 to $160,000, with a median of $33,000, and most funding went to recipients in Pennsylvania, Michigan, New York, Illinois, and Nebraska. The profile does not state whether it accepts unsolicited requests.
Assets
$9.8M
Grants
15
Total Given
$604K
Murray Slater Foundation
Culver City, CA
Assets
$2.1M
Grants
1
Total Given
$70K
Community Hospital of the Monterey Peninsula
Monterey, CA
Community Hospital of the Monterey funds healthcare and community health programs, including clinic support, disaster relief, and services related to housing, youth development, food access, and cancer support, primarily in the Monterey Peninsula and surrounding communities. Its 2024 grants ranged from $6,150 to $43,979,461, with a median of $15,000. No information is provided on whether it accepts unsolicited requests.
Assets
$710.7M
Grants
44
Total Given
$51.6M
The Annexstad Family Foundation
Alpharetta, GA
The foundation funds undergraduate scholarships for students who have overcome difficult circumstances, providing support through partner colleges and universities across the United States. In 2025, its 54 grants ranged from $2,065 to $1 million, with a median of $43,875. It does not accept unsolicited requests; partner institutions select scholarship recipients.
Assets
$32.6M
Grants
54
Total Given
$3.2M
The Huneeus Foundation
San Francisco, CA
The Huneeus Foundation supports organizations working in education, poverty services, human rights, mental health, and other areas, with 2024 grants ranging from $2,500 to $1.5 million and a median of $40,000. Its 2024 giving went mainly to recipients in Florida and New York, with some in California and other or unspecified locations. The filing says it does not restrict giving to preselected organizations and lists no application form or materials, but does not explicitly state whether it accepts unsolicited requests.
Assets
$31.4M
Grants
15
Total Given
$3.4M
The Friends of the Graduate Institute
Washington, DC
Assets
$65K
Grants
1
Total Given
$17K
CQ Foundation
Sunnyvale, CA
Assets
$1.5M
Grants
15
Total Given
$30K
Long Beach Community Foundation
Long Beach, CA
Long Beach Community Foundation supports eligible nonprofits, educational and government organizations, with most grants benefiting programs in Long Beach; its grants span areas such as arts, education, health, and community needs. In 2024, the median grant was $25,000, with awards ranging from $5,500 to $809,122; whether it accepts unsolicited requests is not stated.
Assets
$74.7M
Grants
81
Total Given
$5.0M
Lindsay & Alex Ramsay Foundation
San Francisco, CA
The foundation supports education, youth opportunities, and conservation, with most grant dollars going to California organizations. Its 2024 grants ranged from $250 to $25,000, with a median of $2,250. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$3.4M
Grants
16
Total Given
$75K
More Funders in California
H&H Evergreen Foundation down — hundreds of funders to go?