Red Hippo Foundation

CUPERTINO, CA EIN: 85-3765594

Red Hippo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 3 grants totaling $189K. Net investment income was $261K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.8M

+28.6% YoY

Annual Giving

$189K

+6183.3% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$63K

+1994.4% YoY

Under IRS private-foundation payout rules, Red Hippo Foundation reported a distributable amount of $144K for 2025 — the minimum it must pay out in qualifying distributions.

About Red Hippo Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $246K (95%)

Tennessee $13K (5%)

States

California Tennessee

Cities

CupertinoMemphisMonterey

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,834,775	$2,204,378	$1,269,289
Revenue	$918,056	$1,035,321	$220,054
Expenses	$289,129	$103,176	$107,427
Qualifying Distributions	$283,904	$105,219	$112,214
Net Investment Income	$261,456	$1,035,321	$8,345
Distributable Amount	$143,630	$94,597	$95,332

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Green Ocean Foundation ($185,000), St Judes Childrens Research Hospita ($3,000), Monterey Bay Aquarium ($500).

Recipient	Purpose	Amount
St Judes Childrens Research Hospita Memphis, TN	To find cures for children with cancer and other catastrophic diseases through research and treatment. It is supported primarily by donations raised by ALSAC. Research efforts are directed at understanding the molecular, genetic and chemical bases of catastrophic diseases in children; identifying cures for such diseases; and promoting their prevention. Research is focused specifically on cancers, some acquired and inherited immunodeficiencys, sickle cell disease, infectious diseases and genetic National Park Foundation.	$3,000
Monterey Bay Aquarium Monterey, CA	To inspire conservation of the ocean; envision a future where the ocean flourishes and people thrive in a just and equitable world. Create extraordinary experiences that inspire awe and wonder, champion science-based solutions, and connect people across the planet to protect and restore the ocean.	$500
Green Ocean Foundation Cupertino, CA	To improve global ocean health, climate resilience, and the blue economy by supporting marine conservation organizations and projects.	$185,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
JUN CHANG	President & CEO	1	—
SHIH CHANG CHANG	Secretary & CFO	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Red Hippo Foundation?

Red Hippo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUPERTINO, CA. It holds $2.8M in total assets as of 2025.

How large is Red Hippo Foundation?

As of 2025, Red Hippo Foundation holds $2.8M in total assets with $918K in annual revenue. It awarded 3 grants totaling $189K in 2025.

Where does Red Hippo Foundation operate?

Red Hippo Foundation has awarded grants in California, Tennessee.

What size grants does Red Hippo Foundation award?

In 2025, Red Hippo Foundation awarded 3 grants totaling $189K — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Red Hippo Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Red Hippo Foundation reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.