IET Foundation
IET Foundation is a private foundation, based in San Diego, CA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $1.9M in total assets. In 2021, it awarded 7 grants totaling $95K. Net investment income was $77K.
IET Foundation at a glance
In short: IET Foundation gave $95K across 7 grants in 2021 (avg $14K), mostly in California. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $95,000
- +11.8% vs 2020
- Grants made (2021)
- 7
- +16.7% vs 2020
- Average grant
- $13,571
- -4.2% vs 2020
- Median grant
- $10,000
- Total assets
- $1,936,668
- +0.0% vs 2020
- Primary geography
- California (74% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who IET Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2021
The largest 2021 recipient was Scripps Health Foundation ($25K). Together the top 7 received $95K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 7 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $85K (2020) to $95K (2021). In 2021 it made 7 grants totaling $95K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scripps Health Foundation La Jolla, CA | To support educational activities for medical professionals | $25,000 |
| Colorado School of Mines Foundation Golden, CO | To support educational activities | $20,000 |
| Stanford University Stanford, CA | To support educational activities | $20,000 |
| Casa de las Campanas Foundation San Diego, CA | To support educational activities | $10,000 |
| The Elizabeth Hospice Escondido, CA | To support educational activities | $10,000 |
| National Assoc of VA Optometrists Las Vegas, NV | To support educational activities | $5,000 |
| S California College of Optometry Fullerton, CA | To support SDVA residency education program activities | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2021 | $1,936,668 | $77,027 | $108,240 | $95,000 | 7 | $108,240 | $77,027 | — |
| 2020 | $1,936,527 | $129,522 | $97,670 | $85,000 | 6 | — | $67,681 | $859 |
Leadership & Key People
Officers and directors from IRS filings
IET Foundation's 2021 filing lists 3 officers; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Agnes Wang
Director
On filings since 2020
1 hr/week
No compensation reported
Katherine Wang
Director
On filings since 2020
No compensation reported
Margaret Wang
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Fun Den Wang (2020) — Director
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 IET Foundation
How much does IET Foundation give each year?
IET Foundation gave $95K across 7 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $85K across 6 grants.
What is IET Foundation's typical grant size?
IET Foundation's median grant in 2021 was $10,000, and its average grant was $13,571, across 7 grants on its 2021 IRS Form 990-PF.
Where does IET Foundation give grants?
IET Foundation gives mostly in California: 74% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest states were Colorado (21%) and Nevada (5%).
Does IET Foundation give general operating support?
Not in 2021: none of the 7 grants with a stated purpose on IET Foundation's 2021 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To support educational activities" (5 grants).
Who are IET Foundation's largest grantees?
IET Foundation's largest 2021 grantees include Scripps Health Foundation ($25,000), Colorado School of Mines Foundation ($20,000) and Stanford University ($20,000), according to its 2021 IRS Form 990-PF. Together they received 68% of its itemized 2021 grant dollars.
How large is IET Foundation?
IET Foundation reported $1.9M in total assets on its 2021 IRS Form 990-PF. Its revenue that year was $77K.
What is IET Foundation's EIN?
IET Foundation's EIN (Employer Identification Number) is 84-1224708. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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Browse active grant opportunities in IET Foundation's focus areas in our free grants database
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