MYC Foundation
MYC Foundation is a private foundation, based in San Jose, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $204K in total assets. In 2025, it awarded 3 grants totaling $6K. Net investment income was $19K.
MYC Foundation at a glance
In short: MYC Foundation gave $6K across 3 grants in 2025 (avg $2K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $6,100
- -19.7% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $2,033
- +7.0% vs 2024
- Median grant
- $1,100
- Total assets
- $203,806
- +5.9% vs 2024
- Primary geography
- Pennsylvania (66% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who MYC Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Carnegie Mellon University ($4K). Together the top 3 received $6K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How MYC Foundation gives
- Giving fell 35% from 2022 to 2025. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3K (2020) to $9K (2022). In 2025 it made 3 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Mellon University Pittsburgh, PA | Donation | $4,000 |
| Soar Foundation Union City, CA | Donation | $1,100 |
| Friends of Children with Special Needs Fremont, CA | Donations | $1,000 |
Ready to take the next step with MYC Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $203,806 | $24,022 | $8,268 | $6,100 | 3 | $8,986 | $19,481 | $7,742 |
| 2024 | $192,511 | $8,034 | $9,577 | $7,600 | 4 | $9,191 | $5,906 | $7,491 |
| 2023 | $197,054 | $9,352 | $8,858 | $7,000 | 4 | $8,474 | $9,226 | $6,935 |
| 2022 | $195,560 | $9,204 | $11,393 | $9,450 | 4 | $10,882 | $9,057 | $8,133 |
| 2021 | $197,449 | $9,579 | $9,739 | $7,400 | 3 | — | $10,597 | $9,659 |
| 2020 | $198,409 | $11,218 | $5,108 | $3,300 | 2 | — | $10,868 | $8,391 |
| 2019 | $190,865 | $17,632 | $4,897 | $3,440 | 2 | — | $17,500 | $7,660 |
Under IRS private-foundation payout rules, MYC Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MYC Foundation is led by Shunbo Mou, CEO on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Shunbo Mou
CEO
On filings since 2019
4 hrs/week
No compensation reported
Guifang Chen
CFO
On filings since 2019
4 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about MYC Foundation
How much does MYC Foundation give each year?
MYC Foundation gave $6K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 4 grants.
What is MYC Foundation's typical grant size?
MYC Foundation's median grant in 2025 was $1,100, and its average grant was $2,033, across 3 grants on its 2025 IRS Form 990-PF.
Where does MYC Foundation give grants?
MYC Foundation gives mostly in Pennsylvania: 66% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (34%).
Does MYC Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on MYC Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is MYC Foundation?
MYC Foundation reported $204K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is MYC Foundation's EIN?
MYC Foundation's EIN (Employer Identification Number) is 27-4201906. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 9, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work MYC Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in MYC Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Lixu Family Foundation
Palo Alto, CA
Assets
$27K
Grants
3
Total Given
$3K
Caleres Cares Charitable Trust
Orlando, FL
The Caleres Cares Charitable Trust supports eligible nonprofits working on stronger families, diversity and inclusion, sustainability, St. Louis arts and culture, and the footwear industry. Recent filings show one large grant annually, ranging from about $865,000 to $1.85 million; although St. Louis is a stated priority, recent grants went to Florida. It accepts unsolicited requests through its online application process.
Assets
$212K
Grants
1
Total Given
$866K
W Trinks Scholarshp Fund
Pittsburgh, PA
Assets
$230K
Grants
1
Total Given
$11K
Jack G Buncher Charitable Fund for CMU
Pittsburgh, PA
Supporting organization that makes grants to support programs and further the purpose of carnegie mellon university.
Assets
$7.7M
Grants
1
Total Given
$1.2M
Garciajs Scholarship Trust
Columbus, OH
Assets
$137K
Grants
3
Total Given
$2K
Convergent Research Inc
Cambridge, MA
The organization is a Delaware non-profit, non-stock corporation formed exclusively for charitable, educational and scientific purposes. In furtherance of such purposes, the organization will foster, support, promote, and conduct programs, projects, and activities designed to develop and accelerate scientific and technological research and innovation in the public interest, including, without limitation, through incubating research projects and facilitating collaborations to build essential research tools and resources that can be deployed broadly for the public benefit.
Assets
$108.0M
Grants
3
Total Given
$219K
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from MYC Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
MYC Foundation down — hundreds of funders to go?