Jay & Grace Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $178K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$442K
+52.7% YoY
Annual Giving
$13K
+25.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$6K
-37.5% YoY
Under IRS private-foundation payout rules, Jay & Grace Wang Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Jay & Grace Wang Foundation
Based on IRS filings
Jay & Grace Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $178K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $442,277 | $289,648 | $244,501 |
| Revenue | $177,626 | $64,760 | $250,001 |
| Expenses | $24,997 | $19,613 | $5,500 |
| Qualifying Distributions | $23,197 | $19,613 | $5,500 |
| Net Investment Income | $177,626 | $64,760 | $1 |
| Distributable Amount | $18,327 | $14,153 | $893 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Chinese for Christ Church of Hayward ($12,000), Fwd Forward Church ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| CHINESE FOR CHRIST CHURCH OF HAYWARD CHERRYLAND, CA | General & Unrestricted | $12,000 |
| FWD FORWARD CHURCH COVINA, CA | General & Unrestricted | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ching Ning Kou | Dir | 1 | — |
| Alan Wang | Dir, Treas | 1 | — |
| Bailey Wang | Dir, Sec | 1 | — |
| Jain Chung Wang | Dir, Pres | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jay & Grace Wang Foundation?
Jay & Grace Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $442K in total assets as of 2024.
How large is Jay & Grace Wang Foundation?
As of 2024, Jay & Grace Wang Foundation holds $442K in total assets with $178K in annual revenue. It awarded 2 grants totaling $13K in 2024.
Where does Jay & Grace Wang Foundation operate?
Jay & Grace Wang Foundation has awarded grants in California.
What size grants does Jay & Grace Wang Foundation award?
In 2024, Jay & Grace Wang Foundation awarded 2 grants totaling $13K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Jay & Grace Wang Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jay & Grace Wang Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jay & Grace Wang Foundation's EIN?
Jay & Grace Wang Foundation's EIN (Employer Identification Number) is 92-0307119. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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