Myc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $193K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$193K
-2.3% YoY
Annual Giving
$8K
+8.6% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$2K
+8.6% YoY
Under IRS private-foundation payout rules, Myc Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Myc Foundation
Based on IRS filings
Myc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $193K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $6K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $192,511 | $197,054 | $195,560 |
| Revenue | $8,034 | $9,352 | $9,204 |
| Expenses | $9,577 | $8,858 | $11,393 |
| Qualifying Distributions | $9,191 | $8,474 | $10,882 |
| Net Investment Income | $5,906 | $9,226 | $9,057 |
| Distributable Amount | $7,491 | $6,935 | $8,133 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carnegie Mellon University ($4,500), Soar Foundation ($1,100), Friends of Children With Special Needs ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARNEGIE MELLON UNIVERSITY PITTSBURGH, PA | DONATION | $4,500 |
| FRIENDS OF CHILDREN WITH SPECIAL NEEDS FREMONT, CA | DONATIONS | $1,000 |
| KIDRON INTERNATIONAL MISSIONS INC GAITHERSBURG, MD | DONATIONS | $1,000 |
| SOAR FOUNDATION UNION CITY, CA | DONATION | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHUNBO MOU | CEO | 4 | — |
| GUIFANG CHEN | CFO | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Myc Foundation?
Myc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. It holds $193K in total assets as of 2024.
How large is Myc Foundation?
As of 2024, Myc Foundation holds $193K in total assets with $8K in annual revenue. It awarded 4 grants totaling $8K in 2024.
Where does Myc Foundation operate?
Myc Foundation has awarded grants in California, Maryland, Pennsylvania.
What size grants does Myc Foundation award?
In 2024, Myc Foundation awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Myc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Myc Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2019–2024.
Explore Open Grants
Browse active grant opportunities in Myc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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