Joan M Hwang Charitable Foundation
Joan M Hwang Charitable Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2022 through 2026. As of 2026, the organization holds $882K in total assets. In 2026, it made $5K in qualifying distributions. Net investment income was $96K.
Joan M Hwang Charitable Foundation at a glance
- Total assets
- $881,575
- +11.4% vs 2025
- Revenue (2026)
- $102,996
- +76.5% vs 2025
- Qualifying distributions (2026)
- $4,700
- -92.4% vs 2025
- Expenses (2026)
- $13,725
- -80.0% vs 2025
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Joan M Hwang Charitable Foundation funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Joan M Hwang Charitable Foundation gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2026 it paid out 8% 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 2022 to 2025, annual grant giving ranged from $58K (2025) to $62K (2022). In 2025 it made 2 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alexian Brothers Health System Saint Louis, MO | Unrestricted General | $28,773 |
| OSU Foundation Stillwater, OK | Unrestricted General | $28,773 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | $881,575 | $102,996 | $13,725 | — | — | $4,700 | $95,719 | $58,992 |
| 2025 | $791,326 | $58,352 | $68,515 | $57,546 | 2 | $61,768 | $50,727 | $53,024 |
| 2022 | $956,997 | $42,760 | $84,000 | $62,000 | 4 | $68,952 | $38,097 | $54,091 |
Under IRS private-foundation payout rules, Joan M Hwang Charitable Foundation reported a distributable amount of $59K for 2026 — the minimum it must pay out in qualifying distributions.
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 2026 filing
Bank Of America N A
Trustee
On filings since 2022
2 hrs/week
$12K (2022) → $12K (2026)
Data from IRS Form 990 filings, 2022–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $12K, to Bank of America N a (Trustee).
Frequently asked questions about Joan M Hwang Charitable Foundation
How large is Joan M Hwang Charitable Foundation?
Joan M Hwang Charitable Foundation reported $882K in total assets on its 2026 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $59K (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 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 2022–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2022–2025
Live grants for the work Joan M Hwang Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Joan M Hwang Charitable Foundation's focus areas in our free grants database
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