Patricia Lee Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONG BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $423K in total assets. In 2024, it awarded 4 grants totaling $21K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$423K
+5.6% YoY
Annual Giving
$21K
-51.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$5K
-51.0% YoY
Under IRS private-foundation payout rules, Patricia Lee Wang Foundation reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About Patricia Lee Wang Foundation
Based on IRS filings
Patricia Lee Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONG BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $423K in total assets. In 2024, it awarded 4 grants totaling $21K. Net investment income was $41K.
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 | $423,054 | $400,723 | $433,028 |
| Revenue | $53,862 | $21,064 | $38,607 |
| Expenses | $31,531 | $53,369 | $60,680 |
| Qualifying Distributions | $24,416 | $46,645 | $53,575 |
| Net Investment Income | $40,722 | $8,965 | $24,668 |
| Distributable Amount | $32,877 | $30,417 | $31,763 |
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
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Precious Lamb Preschool ($10,000), Saddleback Church ($6,000), Asian Hall of Fame ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSISTANCE LEAGUE OF LONG BEACH LONG BEACH, CA | GENERAL | $391 |
| SADDLEBACK CHURCH LAKE FOREST, CA | GENERAL | $6,000 |
| PRECIOUS LAMB PRESCHOOL LONG BEACH, CA | GENERAL | $10,000 |
| ASIAN HALL OF FAME PASADENA, CA | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA LEE WANG | President | — | — |
| JOHN C WANG | Secretary & CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Patricia Lee Wang Foundation?
Patricia Lee Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONG BEACH, CA. It holds $423K in total assets as of 2024.
How large is Patricia Lee Wang Foundation?
As of 2024, Patricia Lee Wang Foundation holds $423K in total assets with $54K in annual revenue. It awarded 4 grants totaling $21K in 2024.
Where does Patricia Lee Wang Foundation operate?
Patricia Lee Wang Foundation has awarded grants in California, District of Columbia, Hawaii, Oklahoma, Oregon.
What size grants does Patricia Lee Wang Foundation award?
In 2024, Patricia Lee Wang Foundation awarded 4 grants totaling $21K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Patricia Lee Wang Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Patricia Lee Wang Foundation reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Patricia Lee Wang Foundation's EIN?
Patricia Lee Wang Foundation's EIN (Employer Identification Number) is 20-0313190. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Patricia Lee Wang 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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