To further relationship that would benefit and enrich the academic communities of Asians and Asian Americans in the U.S.A. and in Asia by: (a) providing support for academic communities, including universities, colleges, academic institutions, and affiliate entities, students, faculties and friends; (b) promoting academic and cultural exchange between academic institutions in the U.S.A. and Asia; (c) promoting and inspiring Asian and Asian Americans' excellence in industries.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
+20.7% YoY
Annual Giving
$60K
-95.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$30K
-95.0% YoY
About Ustc Initiative Foundation
Based on IRS filings
Ustc Initiative Foundation is a nonprofit organization focused on Education, based in PASADENA, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 2 grants totaling $60K. Net investment income was $141K.
Focus Areas
Ready to take the next step with Ustc Initiative Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,907,754 | $4,065,506 | $3,563,310 |
| Revenue | $938,716 | $1,715,071 | $1,246,086 |
| Expenses | $108,771 | $1,216,505 | $882,106 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $140,817 | $86,680 | $1,158 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stanford University ($30,000), University of Arizona Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Stanford, CA | The program builds collaboration between Stanford and top Asian universities by attracting Asian undergraduate students to Stanford to work with faculty and students on research in the summer. By being part of the UGVR cohort, Asian students learn from and enhance Stanford undergraduate and graduate students' experience with a diverse, international population, broadening the perspective of both groups. | $30,000 |
| UNIVERSITY OF ARIZONA FOUNDATION Tucson, AZ | Academic exchange activities at University of Arizona are expected to enhance the cooperation and knowledge sharing between scholars and students. It will cover various aspects such as lectures and conduct seminars, as well as providing opportunities for students and researchers to visit and study at University of Arizona, thereby promoting the exchange and progress of academic ideas and research achievements. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hua Jiang | President | 2 | — |
| Lei Zhang | Chief Financial Officer | 3 | — |
| Haoying Sun | Secretary | 1 | — |
| Long Yu | Director | 2 | — |
| Ou Chen | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ustc Initiative Foundation?
Ustc Initiative Foundation is a nonprofit organization focused on Education, based in PASADENA, CA. It holds $4.9M in total assets as of 2024.
How large is Ustc Initiative Foundation?
As of 2024, Ustc Initiative Foundation holds $4.9M in total assets with $939K in annual revenue. It awarded 2 grants totaling $60K in 2024.
Where does Ustc Initiative Foundation operate?
Ustc Initiative Foundation has awarded grants in Arizona, California.
What size grants does Ustc Initiative Foundation award?
In 2024, Ustc Initiative Foundation awarded 2 grants totaling $60K — an average of about $30K per grant, based on its IRS Form 990 filings.
What is Ustc Initiative Foundation's EIN?
Ustc Initiative Foundation's EIN (Employer Identification Number) is 27-4542683. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Ustc Initiative Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Wold Family Foundation
SEATTLE, WA
Assets
$3.4M
Grants
22
Total Given
$215K
The Merops Foundation 6178-01-16
PHILADELPHIA, PA
Assets
—
Grants
15
Total Given
$604K
The Russell D Garrett Foundation
TUCSON, AZ
Assets
$22K
Grants
7
Total Given
$82K
Lucille E Williams Foundation
TUCSON, AZ
Assets
$1.0M
Grants
5
Total Given
$51K
Doris Day and Terry Melcher Foundation
OMAHA, NE
Assets
$26.6M
Grants
11
Total Given
$1.3M
Banner Health Foundation
PHOENIX, AZ
Assets
$186.9M
Grants
5
Total Given
$24.2M
Lord Family Foundation Inc
SCOTTSDALE, AZ
Assets
$1.1M
Grants
8
Total Given
$104K
John and Helen Murphey Foundation Inc
TUCSON, AZ
Assets
$3.6M
Grants
24
Total Given
$310K
Central Indiana Community Foundation Inc
INDIANAPOLIS, IN
Assets
$583.5M
Grants
525
Total Given
$31.1M
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Ernst & Young Foundation
NEW YORK, NY
Assets
$43.3M
Grants
631
Total Given
$16.8M
Vincent C and Pamela A Immordino
HENDERSON, NV
Assets
$20.8M
Grants
58
Total Given
$680K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ustc Initiative Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities