Joan M Hwang Charitable Foundation
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.
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.
About Joan M Hwang Charitable Foundation
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2022 |
|---|---|---|
| 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 |
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 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Alexian Brothers Health System ($28,773), Osu Foundation ($28,773).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEXIAN BROTHERS HEALTH SYSTEM SAINT LOUIS, MO | UNRESTRICTED GENERAL | $28,773 |
| OSU FOUNDATION STILLWATER, OK | UNRESTRICTED GENERAL | $28,773 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 2 | $10,517 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Joan M Hwang Charitable Foundation?
As of 2025, Joan M Hwang Charitable Foundation holds $791K in total assets with $58K in annual revenue. It awarded 2 grants totaling $58K in 2025.
Where does Joan M Hwang Charitable Foundation operate?
Joan M Hwang Charitable Foundation has awarded grants in Illinois, Missouri, New York, Oklahoma.
What size grants does Joan M Hwang Charitable Foundation award?
In 2025, Joan M Hwang Charitable Foundation awarded 2 grants totaling $58K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Joan M Hwang Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Joan M Hwang Charitable Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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