Hing Ng Charitable Trust

DEL REY OAKS, CA EIN: 77-6099760

Hing Ng Charitable Trust is a private foundation, based in DEL REY OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $544K in total assets. In 2024, it awarded 9 grants totaling $28K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$544K

-0.2% YoY

Annual Giving

$28K

+13.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+13.8% YoY

Under IRS private-foundation payout rules, Hing Ng Charitable Trust reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

About Hing Ng Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $95K (93%)

Montana $8K (7%)

States

California Montana

Cities

HardinMontereySalinasSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$544,410	$545,316	$524,512
Revenue	$29,891	$48,008	$64,978
Expenses	$30,797	$27,204	$29,389
Qualifying Distributions	$28,000	$24,597	$27,000
Net Investment Income	$27,121	$45,639	$62,561
Distributable Amount	$29,304	$27,175	$24,962

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

42 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Palma High School ($6,000), Montage Health Foundation ($6,000), Salvation Army ($5,000).

Recipient	Purpose	Amount
CHINA TOWN YMCA SAN FRANCISCO, CA	CHILDREN	$2,000
FRANCISCAN WORKERS SALINAS, CA	MEALS & BEDS FOR WOMEN	$2,000
HELPING HAND OF HARDIN HARDIN, MT	HOMELESS ASSISTANCE	$2,000
ON LOK SAN FRANCISCO, CA	SENIORS	$3,000
PALMA HIGH SCHOOL SALINAS, CA	FINANCIAL AID SCHOLARSHIP	$6,000
SALVATION ARMY MONTEREY, CA	HELP NEEDY	$5,000
FOOD BANK OF MONTEREY COUNTY SALINAS, CA	FOOD BANK	$1,000
LEGAL SERVICES FOR SENIORS MONTEREY, CA	SENIORS	$1,000
MONTAGE HEALTH FOUNDATION MONTEREY, CA	HEALTH	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LIT NG	TRUSTEE	—	—

Frequently Asked Questions

How large is Hing Ng Charitable Trust?

As of 2024, Hing Ng Charitable Trust holds $544K in total assets with $30K in annual revenue. It awarded 9 grants totaling $28K in 2024.

Where does Hing Ng Charitable Trust operate?

Hing Ng Charitable Trust has awarded grants in California, Montana.

What size grants does Hing Ng Charitable Trust award?

In 2024, Hing Ng Charitable Trust awarded 9 grants totaling $28K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Hing Ng Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hing Ng Charitable Trust reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.