Hing Ng Charitable Trust
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.
Key facts about Hing Ng Charitable Trust
- EIN
- 77-6099760
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $28,000
- Grants made (2024)
- 9
- Average grant
- $3,111
- Median grant
- $2,000
- Total assets
- $544,410
- Primary geography
- California (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Hing Ng Charitable Trust funds
By grant dollars, the top recipient states for Hing Ng Charitable Trust's 9 itemized 2024 grants were California (93%) and Montana (7%). The most frequent recipient cities were Monterey, CA (3 grants), Salinas, CA (3 grants) and San Francisco, CA (2 grants). None of its 9 grants with a stated purpose were described as general or operating support.
How Hing Ng Charitable Trust gives
- Giving grew 143% from 2021 to 2024. Method
- In 2024 it paid out 96% 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 Hing Ng Charitable Trust
- How to evaluate Hing Ng Charitable Trust as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$544K
-0.2% YoY
Annual Giving
$28K
+13.8% YoY
Grant Count
9
+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
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.
Ready to take the next step with Hing Ng Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Palma High School ($6,000), Montage Health Foundation ($6,000), Salvation Army ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PALMA HIGH SCHOOL Salinas, CA | FINANCIAL AID SCHOLARSHIP | $6,000 |
| MONTAGE HEALTH FOUNDATION Monterey, CA | HEALTH | $6,000 |
| SALVATION ARMY Monterey, CA | HELP NEEDY | $5,000 |
| ON LOK San Francisco, CA | SENIORS | $3,000 |
| 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 |
| FOOD BANK OF MONTEREY COUNTY Salinas, CA | FOOD BANK | $1,000 |
| LEGAL SERVICES FOR SENIORS Monterey, CA | SENIORS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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.
What is Hing Ng Charitable Trust's EIN?
Hing Ng Charitable Trust's EIN (Employer Identification Number) is 77-6099760. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.