Joan M Hwang Charitable Foundation

Foundation · Grantmaker Pennington, NJ EIN: 30-6691897

Joan M Hwang Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $791K in total assets. In 2025, it awarded 2 grants totaling $58K. Net investment income was $51K.

Key facts about Joan M Hwang Charitable Foundation

In short: Joan M Hwang Charitable Foundation gave $58K across 2 grants in 2025 (avg $29K), mostly in Missouri. Source: 2025 IRS Form 990-PF.

EIN
30-6691897
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$57,546
Grants made (2025)
2
Average grant
$28,773
Median grant
$28,773
Total assets
$791,326
Primary geography
Missouri (50% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$791K

Annual Giving

$58K

Grant Count

2

Avg Grant Size

$29K

Under IRS private-foundation payout rules, Joan M Hwang Charitable Foundation reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.

How Joan M Hwang Charitable Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−7%). Method
  • In 2025 it paid out 116% 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

4states

Share of all 2 itemized 2025 grant dollars.

Cities

StillwaterLa GrangeNew YorkSaint LouisWestern Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants20222 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Alexian Brothers Health System: $29KAlexian Brothers Health System$29KOsu Foundation: $29KOsu Foundation$29K

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ALEXIAN BROTHERS HEALTH SYSTEM Saint Louis, MOUNRESTRICTED GENERAL$28,773
OSU FOUNDATION Stillwater, OKUNRESTRICTED GENERAL$28,773

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K20222025
Metric20252022
Total Assets$791,326$956,997
Revenue$58,352$42,760
Expenses$68,515$84,000
Qualifying Distributions$61,768$68,952
Net Investment Income$50,727$38,097
Distributable Amount$53,024$54,091

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

Joan M Hwang Charitable Foundation's only listed officer is Bank Of America N A, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America N A

    Trustee

    On filings since 2022

    2 hrs/week

    $12K (2022) → $11K (2025)

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America N a — Trustee: $11KBank of America N aTrustee$11K

Frequently asked questions about Joan M Hwang Charitable Foundation

How much does Joan M Hwang Charitable Foundation give each year?

Joan M Hwang Charitable Foundation gave $58K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.

How large is Joan M Hwang Charitable Foundation?

Joan M Hwang Charitable Foundation reported $791K in total assets on its 2025 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).

What is Joan M Hwang Charitable Foundation?

Joan M Hwang Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. It holds $791K in total assets as of 2025.

Where does Joan M Hwang Charitable Foundation operate?

Joan M Hwang Charitable Foundation has awarded grants in Illinois, Missouri, New York, Oklahoma.

What is Joan M Hwang Charitable Foundation's EIN?

Joan M Hwang Charitable Foundation's EIN (Employer Identification Number) is 30-6691897. IRS Form 990 filing data is available on this page for 2022–2025.

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

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