Hsu Family Educational Foundation Inc is a Fort Walton Beach, Florida, funder focused on education, STEM learning, and innovation. Its 2023 filing lists a year formed of 2015, and its filing type is Form 990 (a public charity).
Key facts about Hsu Family Educational Foundation Inc
- EIN
- 47-5426274
- Latest 990 filing
- Form 990 filing, 2024
- Total assets
- $1,928,927
- Accepts unsolicited proposals
- Yes
- How to apply
- The foundation accepts unsolicited requests. Full details ↓
Data from IRS Form 990 filing, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$1.9M
-4.3% YoY
Revenue
$747K
-21.5% YoY
Net Investment Income
$544
+1500.0% YoY
Expenses
$880K
-45.6% YoY
Mission & Focus Areas
The mission stated in the organization’s 2023 filing is to promote excellence in education and encourage classroom innovation. The filing describes educational events and support for programs highlighting small-business success, a progressive drone-training program for students, and T.E.A.M.S. awards recognizing high school educators in STEM.
The foundation’s website also lists STEM outreach, scholarships, student initiatives, cybersecurity camps, UAS training and research, and programs that bring business leaders together to recognize and empower STEM teaching. Its scholarship page describes support for students at the University of West Florida and Northwest Florida State College, as well as contributions to local scholarship organizations.
In 2022, the foundation supported the International Leadership Foundation, whose stated mission is to promote civic awareness and involvement among Asian Pacific Americans and provide a public-affairs fellowship for future leaders. It also supported Emerald Coast Science Center, whose stated mission is to inspire and grow a scientifically engaged community.
Grantmaking
The filing data reports 19 grants totaling $80,034 in 2022. It reports no grants in 2023 or 2024. Among the reported 2022 grants, the International Leadership Foundation received $20,000 and Emerald Coast Science Center received $1,000.
The foundation’s website says it welcomes proposals; its board members help make support decisions, and announcements are made as opportunities arise. Its PHF T.E.A.M.S. program is described as currently open and recognizes eligible high school STEM educators in North Okaloosa County area high schools. Winners receive $5,000 each, with recognition at a Chamber event. This is an educator-award program, distinct from grants to organizations.
How to Apply
The foundation accepts unsolicited requests. It says proposals are considered with help from board members; the website does not specify required materials or other restrictions for proposals.
Open Grants
1 open opportunity from Hsu Family Educational Foundation Inc
Ready to take the next step with Hsu Family Educational Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation describes its work as transforming Northwest Florida. Its T.E.A.M.S. educator awards are for high school STEM educators in North Okaloosa County area high schools. Its website also identifies facilities in Fort Walton Beach, Crestview, and Laurel Hill.
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $74K (2020) to $80K (2022). In 2022 it made 19 grants totaling $80K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $1,928,927 | $747,019 | $879,973 | 0 |
| 2023 | $2,015,266 | $951,801 | $1,616,888 | 0 |
| 2022 | $2,618,693 | $1,159,197 | $746,379 | 19 grants totaling $80,034 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,928,927 | $2,015,266 | $2,618,693 |
| Revenue | $747,019 | $951,801 | $1,159,197 |
| Expenses | $879,973 | $1,616,888 | $746,379 |
| Qualifying Distributions | — | — | $567,317 |
| Net Investment Income | $544 | $34 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists PAUL S HSU PH D as president, MAJES HSU as vice president, and D TIMOTHY HERNDON as secretary/treasurer. The foundation’s website identifies Dr. Paul Hsu as its founder.
Hsu Family Educational Foundation Inc is led by Paul S. Hsu Ph D., President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul S. Hsu Ph D.
President
On filings since 2023
5 hrs/week
No compensation reported
D. Timothy Herndon
Secretary & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Majes Hsu
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Paul S. Hsu PhD (2020–2022) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 70 Ready Avenue, Fort Walton Beach, FL 32548
Phone: (850) 226-2776
Website: https://hsu-foundation.org
Frequently asked questions about Hsu Family Educational Foundation Inc
How large is Hsu Family Educational Foundation Inc?
Hsu Family Educational Foundation Inc reported $1.9M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $747K.
What does Hsu Family Educational Foundation Inc fund?
The mission stated in the organization’s 2023 filing is to promote excellence in education and encourage classroom innovation. See mission & focus areas ↑
How do I apply for a grant from Hsu Family Educational Foundation Inc?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Hsu Family Educational Foundation Inc make grants?
The foundation describes its work as transforming Northwest Florida. Its T.E.A.M.S. educator awards are for high school STEM educators in North Okaloosa County area high schools. Its website also identifies facilities in Fort Walton Beach, Crestview, and Laurel Hill.
What is Hsu Family Educational Foundation Inc's EIN?
Hsu Family Educational Foundation Inc's EIN (Employer Identification Number) is 47-5426274. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hsu Family Educational Foundation Inc accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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