Red Hippo Foundation
Red Hippo Foundation is a private foundation, 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.
Red Hippo Foundation at a glance
In short: Red Hippo Foundation gave $189K across 3 grants in 2025 (avg $63K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $188,500
- +6183.3% vs 2024
- Grants made (2025)
- 3
- +200.0% vs 2024
- Average grant
- $62,833
- +1994.4% vs 2024
- Median grant
- $3,000
- Total assets
- $2,834,775
- +28.6% vs 2024
- Primary geography
- California (98% 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 Red Hippo Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Green Ocean Foundation ($185K). Together the top 3 received $189K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 6 grants of 8 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Red Hippo Foundation gives
- Giving grew 6183% from 2022 to 2025. Method
- In 2025 it paid out 198% 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 2021 to 2025, annual grant giving ranged from $1K (2021) to $189K (2025). In 2025 it made 3 grants totaling $189K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| 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 |
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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 | $2,834,775 | $918,056 | $289,129 | $188,500 | 3 | $283,904 | $261,456 | $143,630 |
| 2024 | $2,204,378 | $1,035,321 | $103,176 | $3,000 | 1 | $105,219 | $1,035,321 | $94,597 |
| 2023 | $1,269,289 | $220,054 | $107,427 | $63,000 | 2 | $112,214 | $8,345 | $95,332 |
| 2022 | $1,161,643 | $405,025 | $103,187 | $3,000 | 1 | $101,978 | $6,831 | $90,849 |
| 2021 | $850,528 | $887,842 | $41,623 | $1,250 | 1 | — | $1,948 | $37,411 |
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.
Leadership & Key People
Officers and directors from IRS filings
Red Hippo Foundation is led by Jun Chang, President & CEO on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jun Chang
President & CEO
On filings since 2021
1 hr/week
No compensation reported
Shih Chang Chang
Secretary & CFO
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Red Hippo Foundation
How much does Red Hippo Foundation give each year?
Red Hippo Foundation gave $189K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.
What is Red Hippo Foundation's typical grant size?
Red Hippo Foundation's median grant in 2025 was $3,000, and its average grant was $62,833, across 3 grants on its 2025 IRS Form 990-PF.
Where does Red Hippo Foundation give grants?
Red Hippo Foundation gives mostly in California: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Red Hippo Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Red Hippo Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Red Hippo Foundation?
Red Hippo Foundation reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $284K in qualifying distributions that year, against a required minimum of $144K (roughly 5% of its investment assets).
What is Red Hippo Foundation's EIN?
Red Hippo Foundation's EIN (Employer Identification Number) is 85-3765594. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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