Li and Wang Family Foundation

MILLBRAE, CA EIN: 87-2718742

Li and Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLBRAE, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 9 grants totaling $6K. Net investment income was $54K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+6.0% YoY

Annual Giving

$6K

+1961.4% YoY

Grant Count

9

+800.0% YoY

Avg Grant Size

$675.667

+129.0% YoY

Under IRS private-foundation payout rules, Li and Wang Family Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About Li and Wang Family Foundation

Based on IRS filings

Li and Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLBRAE, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 9 grants totaling $6K. Net investment income was $54K.

Ready to take the next step with Li and Wang Family Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BurlingameMontereyNew YorkPittsburghSan DiegoSan FranciscoSan MateoSanta RosaWoodland HillsWoodside

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$275K$550K$825K$1M2021202220232024
Metric202420232022
Total Assets$1,061,562$1,001,195$972,577
Revenue$54,005$29,444$165
Expenses$24,650$15,424$27,888
Qualifying Distributions$24,650$15,719$27,888
Net Investment Income$54,005$28,981$165
Distributable Amount$49,963$46,944$49,815

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$3K$5K$6K0 grants20211 grants20221 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Carnegie Mellon University$3KAmerican Civil Liberties…$1KPeninsula Humane Society$1KMonterey Bay Aquarium$500California Academy of Sc…$349Filoli$250SAN FRANCISCO ZOO$180San Diego Zoo$171Children Museum of Sonom…$131

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Carnegie Mellon University ($2,500), American Civil Liberties Union Foundation ($1,000), Peninsula Humane Society ($1,000).

RecipientPurposeAmount
American Civil Liberties Union Foundation New York, NYhelp fund ACLU public education efforts tax identification number is 13-6213516$1,000
Peninsula Humane Society Burlingame, CAfunding vital programs like animal cruelty investigations low-cost spay and neuter services wildlife rehabilitation adoptions humane education program tax ID number is 94-1243665$1,000
Carnegie Mellon University Pittsburgh, PAA university for TRANSFORMATIVE EDUCATIONAL EXPERIENCE FOR STUDENTS EIN: 25-0969449$2,500
Monterey Bay Aquarium Monterey, CAa nonprofit public aquarium regional focus on the marine habitats of Monterey Bay EIN 94-2487469$500
SAN FRANCISCO ZOO San Francisco, CAinspire caring for nature and advance conservation action tax ID number is 94-1429538$180
Filoli WOODSIDE, CAfostering a connection with the community and the environment EIN: 95-2996648$250
California Academy of Sciences San Francisco, CAresearch institute and natural history museum EIN is 94-1156258$349
San Diego Zoo San Diego, CAWildlife Care and Conservation Science EIN: 95-1648219$171
Children Museum of Sonoma County Santa Rosa, CAmuseum for kids featuring interactive educational activities EIN: 20-3496878$131

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Yi LiPresident6
Chungchi WangTreasurer Secretary6

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Li and Wang Family Foundation?

Li and Wang Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLBRAE, CA. It holds $1.1M in total assets as of 2024.

How large is Li and Wang Family Foundation?

As of 2024, Li and Wang Family Foundation holds $1.1M in total assets with $54K in annual revenue. It awarded 9 grants totaling $6K in 2024.

Where does Li and Wang Family Foundation operate?

Li and Wang Family Foundation has awarded grants in California, New York, Pennsylvania.

What size grants does Li and Wang Family Foundation award?

In 2024, Li and Wang Family Foundation awarded 9 grants totaling $6K — an average of about $675.667 per grant, based on its IRS Form 990 filings.

How much is Li and Wang Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Li and Wang Family Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Li and Wang Family Foundation's EIN?

Li and Wang Family Foundation's EIN (Employer Identification Number) is 87-2718742. IRS Form 990 filing data is available on this page for 2021–2024.

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

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