The Edvancement Foundation Corporation
The Edvancement Foundation Corporation is a private foundation focused on Education, based in Great Neck, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $22K.
Key facts about The Edvancement Foundation Corporation
In short: The Edvancement Foundation Corporation gave $100K across 1 grant in 2025 (avg $100K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 86-3844309
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $100,000
- Grants made (2025)
- 1
- Average grant
- $100,000
- Median grant
- $100,000
- Total assets
- $2,801,641
- 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
$2.8M
+36.0% YoY
Annual Giving
$100K
+129.4% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$100K
+817.4% YoY
Under IRS private-foundation payout rules, The Edvancement Foundation Corporation reported a distributable amount of $137K for 2025 — the minimum it must pay out in qualifying distributions.
How The Edvancement Foundation Corporation gives
- Giving grew 2122% from 2022 to 2025. Method
- In 2025 it paid out 77% 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.
Ready to take the next step with The Edvancement Foundation Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $5K (2022) to $100K (2025). In 2025 it made 1 grant totaling $100K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Ustc Initiative Foundation ($100K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ustc Initiative Foundation Pasadena, CA | Education | $100,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,801,641 | $2,060,761 | $1,357,765 |
| Revenue | $847,134 | $752,757 | $518,678 |
| Expenses | $105,937 | $49,332 | $43,916 |
| Qualifying Distributions | $105,937 | $49,332 | $42,600 |
| Net Investment Income | $21,722 | $22,826 | $18,678 |
| Distributable Amount | $137,180 | $74,770 | $41,212 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Edvancement Foundation Corporation is led by Lihua Hong, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lihua Hong
President
On filings since 2021
1 hr/week
No compensation reported
Jackie Wu
COO
On filings since 2021
1 hr/week
No compensation reported
Susan Wu
Treasurer
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 The Edvancement Foundation Corporation
How much does The Edvancement Foundation Corporation give each year?
The Edvancement Foundation Corporation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 4 grants.
How large is The Edvancement Foundation Corporation?
The Edvancement Foundation Corporation reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $106K in qualifying distributions that year, against a required minimum of $137K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Edvancement Foundation Corporation?
The Edvancement Foundation Corporation is a private foundation focused on Education, based in Great Neck, NY. It holds $2.8M in total assets as of 2025.
Where does The Edvancement Foundation Corporation operate?
The Edvancement Foundation Corporation has awarded grants in California, Massachusetts, Nebraska, New York.
What is The Edvancement Foundation Corporation's EIN?
The Edvancement Foundation Corporation's EIN (Employer Identification Number) is 86-3844309. 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.
Here's the math on researching The Edvancement Foundation Corporation by hand.
Explore Open Grants
Browse active grant opportunities in The Edvancement Foundation Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Acrocorinth Inc
New York, NY
ACROCORINTH INC funds preselected charitable organizations, including think tanks, colleges, museums, and other nonprofits, with most grant dollars going to New York, followed by California and Illinois. Its 2025 grants ranged from $259 to $500,000, with a median of $5,000. It does not accept unsolicited requests.
Assets
$28.0M
Grants
16
Total Given
$994K
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
The Seidenberg Family Foundation Inc
New York, NY
The foundation supports medical research and healthcare, education, religious organizations, and community services, with most 2024 funding going to New York recipients and smaller amounts to Pennsylvania and Florida. Its 31 grants ranged from $100 to $701,500, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$16.1M
Grants
31
Total Given
$1.2M
The San Simeon Fund Inc
San Francisco, CA
Assets
$75.0M
Grants
4
Total Given
$1.5M
May and Samuel Rudin Family Foundation Inc
New York, NY
The foundation supports cultural organizations, youth development, health, education, and civic initiatives, with most 2024 grant dollars going to organizations in New York and smaller shares to Florida and California. It made 93 grants totaling about $1.72 million, with a median grant of $10,000 and awards ranging from $2,500 to $375,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$113K
Grants
93
Total Given
$1.7M
The Hearst Foundation
New York, NY
The Hearst Foundation supports established U.S. nonprofits in culture, education, health, and social services, with an emphasis on broad community impact. In 2024, grants ranged from $75,000 to $500,000, with a median of $150,000; New York staff review requests from east of the Mississippi and San Francisco staff review those from the west. Applications are submitted through its grants portal.
Assets
$430.3M
Grants
111
Total Given
$17.0M
Carson Family Charitable Trust
New York, NY
The trust supports a range of charitable organizations, including research, education, arts, libraries, and community organizations, with most of its giving in New York. In 2024, grants ranged from $10,000 to $6.22 million, with a median of $200,750. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$497.6M
Grants
120
Total Given
$50.5M
The Barker Welfare Foundation
Palm Beach Gardens, FL
The Barker Welfare Foundation supports qualified charities working in health, welfare, education, arts and culture, and civic affairs, especially initiatives that strengthen youth and families. Its 2025 grants ranged from $500 to $150,000, with a median of $10,000, and its priorities include New York City’s five boroughs and Michigan City, Indiana; Chicago requests are by invitation only. It accepts funding inquiries year-round, but organizations must first submit an inquiry and are invited to apply if it is considered suitable.
Assets
$106.1M
Grants
124
Total Given
$1.5M
The Gingrich Foundation Inc
Arlington, VA
Assets
$4K
Grants
21
Total Given
$43K
American Museum of Natural History
New York, NY
The American Museum of Natural History funds scientific research, education, exhibitions, and related programs, as well as small research awards for eligible students and early-career researchers. Its 2025 grants had a median of $73,000, while individual research awards are generally much smaller; supported work includes ornithology worldwide, North American wildlife research, and study of Museum collections. The information provided does not say whether it accepts unsolicited requests.
Assets
$1.7B
Grants
23
Total Given
$4.3M
The Debs Foundation
Fort Lee, NJ
The Debs Foundation funds historical, educational, cultural, humanitarian, and social-service organizations. Its 2024 grants ranged from $500 to $135,000, with a median of $5,000, and most funding went to organizations listed in New York and Rhode Island. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$795K
Grants
27
Total Given
$724K
United Way Worldwide
Alexandria, VA
United Way Worldwide supports community-focused work in health, youth opportunity, financial security, resilience, disaster recovery, education, and human services, including local United Way organizations. Its 2024 grants ranged from $5,100 to $736,333, with a median of $22,675, and went to recipients across multiple U.S. states; it describes its broader reach as global. No application process for unsolicited grant requests is specified.
Assets
$68.0M
Grants
209
Total Given
$11.4M
More Funders in New York
The Edvancement Foundation Corporation down — hundreds of funders to go?