Hu Institute Foundation Corp

Private foundation · Grantmaker Saratoga, CA EIN: 83-0922662

Hu Institute Foundation Corp is a private foundation focused on Recreation & Sports, based in Saratoga, CA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $702K in total assets. In 2023, it awarded 3 grants totaling $38K. Net investment income was $409.

Key facts about Hu Institute Foundation Corp

In short: Hu Institute Foundation Corp gave $38K across 3 grants in 2023 (avg $13K), mostly in Maryland. Source: 2023 IRS Form 990-PF.

EIN
83-0922662
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$38,075
Grants made (2023)
3
Average grant
$12,692
Median grant
$1,000
Total assets
$701,850
Primary geography
Maryland (97% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$702K

+226.2% YoY

Annual Giving

$38K

-35.9% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$13K

-35.9% YoY

How Hu Institute Foundation Corp gives

  • Giving fell 26% from 2020 to 2023. Method
  • In 2022 it paid out 713% 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

3states

Share of 2023 grant dollars across all 3 itemized grants.

Cities

San JoseBaltimoreFairfaxRedwood CitySanta ClaraLos AngelesSaratogaStanford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 7 grants2021 3 grants2022 3 grants2023

From 2020 to 2023, annual grant giving ranged from $12K (2021) to $59K (2022). In 2023 it made 3 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Johns Hopkins University and Medici: $37KJohns Hopkins University andMedici$37KSilicon Valley Tsinghua Network: $1KSilicon Valley TsinghuaNetwork$1KHarkon Estate and Gardens: $75Harkon Estate and Gardens$75

The largest 2023 recipient was Johns Hopkins University and Medici ($37K). Together the top 3 received $38K.

Grant Size Distribution

20 grants across all recorded years

19<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 20 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Johns Hopkins University and Medici Baltimore, MDGranting for medical and health research and student assistant ship$37,000
Silicon Valley Tsinghua Network San Jose, CAgrant for social impact activities$1,000
Harkon Estate and Gardens Saratoga, CACulture and local historic landmark$75

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023
Metric202320222021
Total Assets$701,850$215,147$585,956
Revenue$299,779$6,139$278,547
Expenses$43,021$69,391$12,867
Qualifying Distributions$38,075$69,391$12,147
Net Investment Income$409—$33,057
Distributable Amount—$9,737$23,920

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Hu Institute Foundation Corp is led by Rongxiang Hu, President & Chairman on every filing since 2020; none of the 5 officers listed in 2021 report compensation.

Officers on the 2021 filing

The latest filing that lists officers: our copy of the 2022–2023 filings list none.

  • Rongxiang Hu

    President & Chairman

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Fonda hu

    CFO & Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Richard Hu

    Vice President & Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Rongqiang Hu

    Director

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Yan Song

    Secretary & Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "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 Hu Institute Foundation Corp

How much does Hu Institute Foundation Corp give each year?

Hu Institute Foundation Corp gave $38K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $59K across 3 grants.

What is Hu Institute Foundation Corp's typical grant size?

Hu Institute Foundation Corp's median grant in 2023 was $1,000, and its average grant was $12,692, across 3 grants on its 2023 IRS Form 990-PF.

Where does Hu Institute Foundation Corp give grants?

Hu Institute Foundation Corp gives mostly in Maryland: 97% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.

Does Hu Institute Foundation Corp give general operating support?

Not in 2023: none of the 3 grants with a stated purpose on Hu Institute Foundation Corp's 2023 IRS Form 990-PF were described as general or operating support.

How large is Hu Institute Foundation Corp?

Hu Institute Foundation Corp reported $702K in total assets on its 2023 IRS Form 990-PF. Its revenue that year was $300K.

What is Hu Institute Foundation Corp?

Hu Institute Foundation Corp is a private foundation focused on Recreation & Sports, based in Saratoga, CA. It holds $702K in total assets as of 2023.

What is Hu Institute Foundation Corp's EIN?

Hu Institute Foundation Corp's EIN (Employer Identification Number) is 83-0922662. IRS Form 990 filing data is available on this page for 2020–2023.

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

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