He Family Foundation
He Family Foundation is a private foundation, based in Memphis, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 6 grants totaling $299K. Net investment income was $408K.
He Family Foundation at a glance
In short: He Family Foundation gave $299K across 6 grants in 2024 (avg $50K), top state Tennessee. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $299,300
- +146.3% vs 2023
- Grants made (2024)
- 6
- +50.0% vs 2023
- Average grant
- $49,883
- +64.2% vs 2023
- Median grant
- $32,250
- Total assets
- $11,717,604
- +48.4% vs 2023
- Primary geography
- Tennessee (37% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who He Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Kyoto University ($150K). Together the top 6 received $299K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 11 grants of 16 (69%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How He Family Foundation gives
- In 2024 it paid out 98% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $122K (2023) to $299K (2024). In 2024 it made 6 grants totaling $299K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kyoto University | Operational Support | $150,000 |
| Greater Memphis United Chinese Association Memphis, TN | Operational Support | $72,300 |
| University of Chicago Chicago, IL | Operational Support | $37,500 |
| Presbyterian Day School Memphis, TN | Operational Support | $27,000 |
| St Mary's Episcopal School Memphis, TN | Operational Support | $9,500 |
| Vietnamese American Community Collierville, TN | Operational Support | $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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,717,604 | $4,397,077 | $401,015 | $299,300 | 6 | $385,979 | $407,999 | $393,618 |
| 2023 | $7,898,393 | $305,043 | $267,384 | $121,500 | 4 | $266,192 | $303,851 | $374,928 |
| 2022 | $7,737,718 | $50,292 | $419,518 | $257,000 | 6 | $401,177 | $32,314 | $373,538 |
| 2021 | $7,980,925 | $8,000,076 | $19,151 | — | — | $14,510 | — | $14,538 |
Under IRS private-foundation payout rules, He Family Foundation reported a distributable amount of $394K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
He Family Foundation is led by Hao He, President on every filing since 2021; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Hao He
President
On filings since 2021
1 hr/week
No compensation reported
Daji Ni
Director
On filings since 2021
1 hr/week
No compensation reported
Lingling Gong
Secretary
On filings since 2021
40 hrs/week
$10K (2021) → $50K (2024)
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $50K, to Lingling Gong (Secretary).
Frequently asked questions about He Family Foundation
How much does He Family Foundation give each year?
He Family Foundation gave $299K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $122K across 4 grants.
What is He Family Foundation's typical grant size?
He Family Foundation's median grant in 2024 was $32,250, and its average grant was $49,883, across 6 grants on its 2024 IRS Form 990-PF.
Where does He Family Foundation give grants?
He Family Foundation's top state is Tennessee, with 37% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Illinois (13%). The most frequent recipient cities were Memphis, TN (3 grants).
Does He Family Foundation give general operating support?
Yes: 100% of He Family Foundation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are He Family Foundation's largest grantees?
He Family Foundation's largest 2024 grantees include Kyoto University ($150,000), Greater Memphis United Chinese Association ($72,300) and University of Chicago ($37,500), according to its 2024 IRS Form 990-PF. Together they received 87% of its itemized 2024 grant dollars.
How large is He Family Foundation?
He Family Foundation reported $11.7M in total assets on its 2024 IRS Form 990-PF. It paid out $386K in qualifying distributions that year, against a required minimum of $394K (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 He Family Foundation's EIN?
He Family Foundation's EIN (Employer Identification Number) is 87-3108743. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Live grants for the work He Family Foundation funds
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