Hung & Lee Family Foundation
Hung & Lee Family Foundation is a private foundation, based in Mountain View, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $76K in total assets. In 2025, it made $3K in qualifying distributions. Net investment income was $545.
Hung & Lee Family Foundation at a glance
- Total assets
- $76,214
- +35.6% vs 2024
- Revenue (2025)
- $5,545
- +244.6% vs 2024
- Qualifying distributions (2025)
- $3,473
- -90.7% vs 2024
- Expenses (2025)
- $3,473
- -90.7% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Hung & Lee Family Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Hung & Lee Family Foundation gives
- In 2025 it paid out 10% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $299 (2023) to $20K (2024). In 2024 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mizutomo Kiko Foundation Mountain View, CA | To support advancement of education and science; provide financial relief to the poor, the distressed and underprivileged;support universities, schools, libraries, churches, temples and other places of general public benefit. | $20,000 |
| Valley Health Foundation San Jose, CA | To support, innovate, and advocate better health for all in Santa Clara County | $350 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $76,214 | $5,545 | $3,473 | — | — | $3,473 | $545 | $36,314 |
| 2024 | $56,192 | $1,609 | $37,287 | $20,350 | 2 | $37,287 | $609 | $29,836 |
| 2023 | $80,803 | $556 | $37,584 | $299 | 1 | $37,584 | $556 | $29,744 |
| 2022 | $117,831 | $423 | $22,663 | — | — | $22,663 | $423 | $37,638 |
| 2021 | $140,071 | $93,156 | $6,064 | — | — | — | $83,156 | $22,812 |
Under IRS private-foundation payout rules, Hung & Lee Family Foundation reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hung & Lee Family Foundation is led by Wei-Fang Hung, President & CEO on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wei-Fang Hung
President & CEO
On filings since 2021
1 hr/week
No compensation reported
Olivia Lee
CFO
On filings since 2021
1 hr/week
No compensation reported
Simon Hung
Secretary
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 Hung & Lee Family Foundation
How large is Hung & Lee Family Foundation?
Hung & Lee Family Foundation reported $76K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $36K (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.
Where does Hung & Lee Family Foundation operate?
Hung & Lee Family Foundation has awarded grants in California.
What is Hung & Lee Family Foundation's EIN?
Hung & Lee Family Foundation's EIN (Employer Identification Number) is 45-5329133. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 16, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Hung & Lee Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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