He Family Foundation
He Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about He Family Foundation
- EIN
- 87-3108743
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $299,300
- Grants made (2024)
- 6
- Average grant
- $49,883
- Median grant
- $32,250
- Total assets
- $11,717,604
- Primary geography
- Tennessee (37% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who He Family Foundation funds
By grant dollars, the top recipient states for He Family Foundation's 6 itemized 2024 grants were Tennessee (37%) and Illinois (13%). The most frequent recipient cities were Memphis, TN (3 grants). 100% of grants with a stated purpose were for general or operating support.
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.
Next steps with He Family Foundation
- How to evaluate He Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
+48.4% YoY
Annual Giving
$299K
+146.3% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$50K
+64.2% YoY
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.
About He Family Foundation
Based on IRS filings
He Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,717,604 | $7,898,393 | $7,737,718 |
| Revenue | $4,397,077 | $305,043 | $50,292 |
| Expenses | $401,015 | $267,384 | $419,518 |
| Qualifying Distributions | $385,979 | $266,192 | $401,177 |
| Net Investment Income | $407,999 | $303,851 | $32,314 |
| Distributable Amount | $393,618 | $374,928 | $373,538 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Kyoto University ($150,000), Greater Memphis United Chinese Association ($72,300), University of Chicago ($37,500).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hao He | President | 1 | — |
| Lingling Gong | Secretary | 40 | $100,000 |
| Daji Ni | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is He Family Foundation?
He Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. It holds $11.7M in total assets as of 2024.
How large is He Family Foundation?
As of 2024, He Family Foundation holds $11.7M in total assets with $4.4M in annual revenue. It awarded 6 grants totaling $299K in 2024.
Where does He Family Foundation operate?
He Family Foundation has awarded grants in District of Columbia, Illinois, Tennessee.
What size grants does He Family Foundation award?
In 2024, He Family Foundation awarded 6 grants totaling $299K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is He Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, He Family Foundation reported a distributable amount of $394K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.