Horizon Charity Foundation

Private foundation · Grantmaker Irvine, CA EIN: 46-1334701

Horizon Charity Foundation is a private foundation, based in Irvine, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $955K in total assets. In 2025, it awarded 4 grants totaling $3K. Net investment income was $41K.

Key facts about Horizon Charity Foundation

In short: Horizon Charity Foundation gave $3K across 4 grants in 2025 (avg $809.5), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
46-1334701
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,238
Grants made (2025)
4
Average grant
$810
Median grant
$569
Total assets
$955,118
Primary geography
California (100% 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

$955K

-0.6% YoY

Annual Giving

$3K

-85.6% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$809.5

-85.6% YoY

Under IRS private-foundation payout rules, Horizon Charity Foundation reported a distributable amount of $47K for 2025 — the minimum it must pay out in qualifying distributions.

How Horizon Charity Foundation gives

  • Giving fell 68% from 2022 to 2025. Method
  • In 2025 it paid out 88% 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

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

IrvineFremontMonterey ParkNewport CoastWest Covina

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K5 grants2020 0 grants2021 2 grants2022 4 grants2023 4 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $3K (2025) to $34K (2020). In 2025 it made 4 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

OCCACC scholarship: $2KOCCACC scholarship$2KQinghua Givefund: $1KQinghua Givefund$1KRAYA Art&Education Inc: $138RAYA Art&Education Inc$138East West Art Foundation: $100East West Art Foundation$100

The largest 2025 recipient was OCCACC scholarship ($2K). Together the top 4 received $3K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
OCCACC scholarship Irvine, CAEducational$2,000
Qinghua Givefund Monterey Park, CACharitable$1,000
RAYA Art&Education Inc Irvine, CACharitable$138
East West Art Foundation Fremont, CACharitable$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$955,118$960,453$1,000,393
Revenue$41,331$29,319$213,654
Expenses$41,666$52,446$39,655
Qualifying Distributions$41,218$52,186$39,505
Net Investment Income$40,883$29,059$7,912
Distributable Amount$46,695$47,875$47,342

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 1, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS August 17, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Horizon Charity Foundation is led by Min Frank Zeng, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Min Frank Zeng

    CEO

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sarah Qiuhong Yang

    CFO

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Horizon Charity Foundation

How much does Horizon Charity Foundation give each year?

Horizon Charity Foundation gave $3K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $23K across 4 grants.

What is Horizon Charity Foundation's typical grant size?

Horizon Charity Foundation's median grant in 2025 was $569, and its average grant was $810, across 4 grants on its 2025 IRS Form 990-PF.

Where does Horizon Charity Foundation give grants?

Horizon Charity Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Irvine, CA (2 grants).

Does Horizon Charity Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Horizon Charity Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How large is Horizon Charity Foundation?

Horizon Charity Foundation reported $955K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $47K (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 Horizon Charity Foundation's EIN?

Horizon Charity Foundation's EIN (Employer Identification Number) is 46-1334701. IRS Form 990 filing data is available on this page for 2020–2025.

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

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