Hong Foundation

Private foundation · Grantmaker Palo Alto, CA EIN: 27-2549443

Hong Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 4 grants totaling $14K. Net investment income was $33K.

Key facts about Hong Foundation

In short: Hong Foundation gave $14K across 4 grants in 2025 (avg $4K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
27-2549443
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$14,330
Grants made (2025)
4
Average grant
$3,583
Median grant
$4,415
Total assets
$1,070,692
Primary geography
California (72% 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

$1.1M

+9.8% YoY

Annual Giving

$14K

-53.3% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$4K

-41.7% YoY

Under IRS private-foundation payout rules, Hong Foundation reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.

How Hong Foundation gives

  • Giving grew 108% from 2022 to 2025. Method
  • In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

CupertinoSan JoseStanfordArcadiaBostonDallasEl MonteOrlandoPortland

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2019 3 grants2020 2 grants2021 1 grant2022 3 grants2023 5 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2019) to $47K (2023). In 2025 it made 4 grants totaling $14K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Hysta-Huayuan Science: $5KHysta-Huayuan Science$5KFifth Home of Christ Church: $5KFifth Home of Christ Church$5KOne Another Corporation: $4KOne Another Corporation$4KUCA Community Foundation: $500UCA Community Foundation$500

The largest 2025 recipient was Hysta-Huayuan Science ($5K). Together the top 4 received $14K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hysta-Huayuan Science San Jose, CACharitable Donation$5,000
Fifth Home of Christ Church Cupertino, CACharitable Donation$4,830
One Another Corporation Dallas, TXCharitable Donation$4,000
UCA Community Foundation Arcadia, CACharitable Donation$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,070,692$974,938$1,005,379
Revenue$145,004$42,988$180,380
Expenses$49,250$72,495$61,905
Qualifying Distributions$64,827$58,857$48,382
Net Investment Income$32,521$26,637$18,538
Distributable Amount$54,263$50,917$49,726

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 30, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 6, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Hong Foundation is led by Miao Hong, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Miao Hong

    President

    On filings since 2019

    10 hrs/week

    No compensation reported

  • Lei Fu

    CFO

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Yun Hong

    CMO

    On filings since 2019

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hong Foundation

How much does Hong Foundation give each year?

Hong Foundation gave $14K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 5 grants.

What is Hong Foundation's typical grant size?

Hong Foundation's median grant in 2025 was $4,415, and its average grant was $3,583, across 4 grants on its 2025 IRS Form 990-PF.

Where does Hong Foundation give grants?

Hong Foundation gives mostly in California: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (28%).

Does Hong Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Hong Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (4 grants).

How large is Hong Foundation?

Hong Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).

What is Hong Foundation's EIN?

Hong Foundation's EIN (Employer Identification Number) is 27-2549443. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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