Honglu Zhang and Peijie Yang Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-2514524

Honglu Zhang and Peijie Yang Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $919K in total assets. In 2025, it awarded 4 grants totaling $26K. Net investment income was $23K.

Key facts about Honglu Zhang and Peijie Yang Foundation

In short: Honglu Zhang and Peijie Yang Foundation gave $26K across 4 grants in 2025 (avg $7K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
87-2514524
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$26,000
Grants made (2025)
4
Average grant
$6,500
Median grant
$3,750
Total assets
$918,850
Primary geography
Illinois (62% 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

$919K

-2.1% YoY

Annual Giving

$26K

Grant Count

4

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Honglu Zhang and Peijie Yang Foundation reported a distributable amount of $61K for 2025 — the minimum it must pay out in qualifying distributions.

How Honglu Zhang and Peijie Yang Foundation gives

  • In 2025 it paid out 55% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

ChicagoMontereySan JoseVilla Park

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2021 0 grants2022 0 grants2023 0 grants2024 4 grants2025

In 2025 it made 4 grants totaling $26K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Ohio State University Foundation: $16KOhio State UniversityFoundation$16KGrace Glocal Outreach: $5KGrace Glocal Outreach$5KBoy Scouts of America: $3KBoy Scouts of America$3KWhite Stag Leadership Development Academy: $3KWhite Stag LeadershipDevelopment Academy$3K

The largest 2025 recipient was Ohio State University Foundation ($16K). Together the top 4 received $26K.

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ohio State University Foundation Chicago, ILCollege of Engineering Scholarship Fund$16,000
Grace Glocal Outreach Villa Park, CAGeneral & Unrestricted$5,000
Boy Scouts of America San Jose, CAGeneral & Unrestricted$2,500
White Stag Leadership Development Academy Monterey, CAGeneral & Unrestricted$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$918,850$938,565$429,859
Revenue$26,835$522,273$137,459
Expenses$46,550$13,567$11,313
Qualifying Distributions$33,893$7,739$7,588
Net Investment Income$22,918$36,803$4,270
Distributable Amount$61,202$33,946$16,778

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 13, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Honglu Zhang and Peijie Yang Foundation is led by Honglu Zhang, Director & President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Honglu Zhang

    Director & President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peijie Yang

    Director, Secretary & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Honglu Zhang and Peijie Yang Foundation

How much does Honglu Zhang and Peijie Yang Foundation give each year?

Honglu Zhang and Peijie Yang Foundation gave $26K across 4 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Honglu Zhang and Peijie Yang Foundation's typical grant size?

Honglu Zhang and Peijie Yang Foundation's median grant in 2025 was $3,750, and its average grant was $6,500, across 4 grants on its 2025 IRS Form 990-PF.

Where does Honglu Zhang and Peijie Yang Foundation give grants?

Honglu Zhang and Peijie Yang Foundation gives mostly in Illinois: 62% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (38%).

Does Honglu Zhang and Peijie Yang Foundation give general operating support?

Yes: 75% of Honglu Zhang and Peijie Yang Foundation's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Honglu Zhang and Peijie Yang Foundation?

Honglu Zhang and Peijie Yang Foundation reported $919K in total assets on its 2025 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $61K (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 Honglu Zhang and Peijie Yang Foundation's EIN?

Honglu Zhang and Peijie Yang Foundation's EIN (Employer Identification Number) is 87-2514524. IRS Form 990 filing data is available on this page for 2021–2025.

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

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