Shi Zhang Family Foundation

Private foundation · Grantmaker Los Altos, CA EIN: 85-3163503

Shi Zhang Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Los Altos, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 6 grants totaling $86K. Net investment income was $1.7M.

Key facts about Shi Zhang Family Foundation

In short: Shi Zhang Family Foundation gave $86K across 6 grants in 2024 (avg $14K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
85-3163503
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$85,511
Grants made (2024)
6
Average grant
$14,252
Median grant
$8,743
Total assets
$3,720,403
Primary geography
California (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+150.4% YoY

Annual Giving

$86K

-39.9% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$14K

-29.9% YoY

How Shi Zhang Family Foundation gives

  • Giving grew 434% from 2021 to 2024. 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

4states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

San FranciscoNew YorkHillsbouroughPalo AltoSaratogaFairfieldWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2021 2 grants2022 7 grants2023 6 grants2024

From 2021 to 2024, annual grant giving ranged from $16K (2021) to $142K (2023). In 2024 it made 6 grants totaling $86K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Crystal Springs Uplands School: $42KCrystal Springs Uplands School$42KAsian Art Museum Foundation: $25KAsian Art Museum Foundation$25KMontalvo Arts Center: $17KMontalvo Arts Center$17KAsian American Scholar Forum: $850Asian American Scholar Forum$850China Institute of America: $500China Institute of America$500Yue-Sai Kan One World: $150Yue-Sai Kan One World$150

The largest 2024 recipient was Crystal Springs Uplands School ($42K). Together the top 6 received $86K.

Grant Size Distribution

18 grants across all recorded years

17<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 18 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Crystal Springs Uplands School Hillsbourough, CACharitable Donation$42,376
Asian Art Museum Foundation San Francisco, CACharitable Donation$25,000
Montalvo Arts Center Saratoga, CACharitable Donation$16,635
Asian American Scholar Forum New York, NYCharitable Donation$850
China Institute of America New York, NYCharitable Donation$500
Yue-Sai Kan One World Fairfield, CTCharitable Donation$150

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024
Metric202420232022
Total Assets$3,720,403$1,485,858$1,518,091
Revenue$1,781,666$147,341$351,604
Expenses$231,711$207,560$89,847
Qualifying Distributions$195,530$213,220$138,395
Net Investment Income$1,747,128$130,841$300,852

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Shi Zhang Family Foundation is led by Sally Shi, CEO on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sally Shi

    CEO

    On filings since 2021

    15 hrs/week

    No compensation reported

  • Hansong Zhang

    Secretary

    On filings since 2021

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Shi Zhang Family Foundation

How much does Shi Zhang Family Foundation give each year?

Shi Zhang Family Foundation gave $86K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $142K across 7 grants.

What is Shi Zhang Family Foundation's typical grant size?

Shi Zhang Family Foundation's median grant in 2024 was $8,743, and its average grant was $14,252, across 6 grants on its 2024 IRS Form 990-PF.

Where does Shi Zhang Family Foundation give grants?

Shi Zhang Family Foundation gives mostly in California: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (2 grants).

Does Shi Zhang Family Foundation give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on Shi Zhang Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (6 grants).

Who are Shi Zhang Family Foundation's largest grantees?

Shi Zhang Family Foundation's largest 2024 grantees include Crystal Springs Uplands School ($42,376), Asian Art Museum Foundation ($25,000) and Montalvo Arts Center ($16,635), according to its 2024 IRS Form 990-PF. Together they received 98% of its itemized 2024 grant dollars.

How large is Shi Zhang Family Foundation?

Shi Zhang Family Foundation reported $3.7M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.8M.

What is Shi Zhang Family Foundation?

Shi Zhang Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Los Altos, CA. It holds $3.7M in total assets as of 2024.

What is Shi Zhang Family Foundation's EIN?

Shi Zhang Family Foundation's EIN (Employer Identification Number) is 85-3163503. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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