SBCV Foundation
SBCV Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Saratoga, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 1 grant totaling $1K. Net investment income was $754K.
Key facts about SBCV Foundation
In short: SBCV Foundation gave $1K across 1 grant in 2025 (avg $1K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 84-3029758
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,000
- Grants made (2025)
- 1
- Average grant
- $1,000
- Median grant
- $1,000
- Total assets
- $1,716,791
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+75.4% YoY
Annual Giving
$1K
Grant Count
1
Avg Grant Size
$1K
Under IRS private-foundation payout rules, SBCV Foundation reported a distributable amount of $122K for 2025 — the minimum it must pay out in qualifying distributions.
How SBCV Foundation gives
- Giving fell 100% from 2022 to 2025. Method
- In 2025 it paid out 13% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Guan Yin Buddhist Lotus Society Union City, CA | To promote Buddhist Spiritual Development. | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,716,791 | $978,861 | $799,174 |
| Revenue | $753,645 | $181,639 | $140,467 |
| Expenses | $15,715 | $1,952 | $4,223 |
| Qualifying Distributions | $15,715 | $1,952 | $4,223 |
| Net Investment Income | $753,645 | $22,566 | $14,546 |
| Distributable Amount | $121,861 | $85,438 | $55,381 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
SBCV Foundation is led by Wei Yao, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wei Yao
CEO
On filings since 2020
No compensation reported
Hsing-Faye Chang
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 SBCV Foundation
How much does SBCV Foundation give each year?
SBCV Foundation gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is SBCV Foundation?
SBCV Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $122K (roughly 5% of its investment assets).
What is SBCV Foundation?
SBCV Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Saratoga, CA. It holds $1.7M in total assets as of 2025.
Where does SBCV Foundation operate?
SBCV Foundation has awarded grants in California.
What is SBCV Foundation's EIN?
SBCV Foundation's EIN (Employer Identification Number) is 84-3029758. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching SBCV Foundation by hand.
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