The Precise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 1 grants totaling $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16K
-27.6% YoY
Annual Giving
$3K
-85.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
-85.0% YoY
Under IRS private-foundation payout rules, The Precise Foundation Inc reported a distributable amount of $898 for 2024 — the minimum it must pay out in qualifying distributions.
About The Precise Foundation Inc
Based on IRS filings
The Precise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 1 grants totaling $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,728 | $21,728 | $18,253 |
| Revenue | — | $25,000 | $80,500 |
| Expenses | $6,000 | $21,525 | $111,578 |
| Qualifying Distributions | $6,000 | $20,000 | $100,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $898 | $886 | $1,780 |
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 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include China Folk House Retreat ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHINA FOLK HOUSE RETREAT HARPERS FERRY, WV | GENERAL SUPPORT - CHINA FOLK HOUSE CREATES A PLACE FOR EXPERIENTIAL LEARNING, PEOPLE-TO-PEOPLE EXCHANGE, ENVIRONMENTAL STEWARDSHIP, AND COMMUNITY ENGAGEMENT. | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ZHENSEN HUANG | PRESIDENT | 0.5 | — |
| JULIE NGUYEN | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Precise Foundation Inc?
The Precise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. It holds $16K in total assets as of 2024.
How large is The Precise Foundation Inc?
As of 2024, The Precise Foundation Inc holds $16K in total assets. It awarded 1 grants totaling $3K in 2024.
Where does The Precise Foundation Inc operate?
The Precise Foundation Inc has awarded grants in District of Columbia, West Virginia.
What size grants does The Precise Foundation Inc award?
In 2024, The Precise Foundation Inc awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Precise Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Precise Foundation Inc reported a distributable amount of $898 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Precise Foundation Inc's EIN?
The Precise Foundation Inc's EIN (Employer Identification Number) is 85-3469852. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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