Walter and Fannie Wang Foundation

SAN JOSE, CA EIN: 26-3315955

Walter and Fannie Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $387K in total assets. In 2024, it awarded 11 grants totaling $34K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$387K

-5.6% YoY

Annual Giving

$34K

-11.0% YoY

Grant Count

11

-8.3% YoY

Avg Grant Size

$3K

-2.9% YoY

Under IRS private-foundation payout rules, Walter and Fannie Wang Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Walter and Fannie Wang Foundation

Based on IRS filings

Walter and Fannie Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $387K in total assets. In 2024, it awarded 11 grants totaling $34K. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AustinBoys TownChicagoLos AngelesMinneapolisMountain ViewOaklandPhoenixSan FranciscoSan JoseSanta ClaraStandfordStanford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$84K$112K20202021202220232024
Metric202420232022
Total Assets$386,672$409,772$434,057
Revenue$17,908$102,157$39,903
Expenses$42,982$47,085$34,923
Qualifying Distributions$42,660$42,128$32,640
Net Investment Income$13,529$11,889$38,252
Distributable Amount$44,226$34,039$36,474

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$38K13 grants202010 grants202112 grants202212 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

USC VITERBI SCHOOL OF EN…$23KSAN JOSE CHINESE CATHOLI…$3KBRET HEARTE EDUCATIONAL …$2KLELAND HIGH SCHOOL$1KDIOCESE OF SAN JOSE$1KKHAN ACADEMY$1KLELAND HIGH SCHOOL PARENT$1KLELAND BRIDGE PARENT CLUB$1KSTANDFORD UNIVERSITY$1KROLCC YOUTH$205

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Usc Viterbi School of Engineering ($23,000), San Jose Chinese Catholic Mission ($2,545), Bret Hearte Educational Association ($1,531).

RecipientPurposeAmount
LELAND HIGH SCHOOL SAN JOSE, CADONATION$1,467
LELAND BRIDGE PARENT CLUB SAN JOSE, CADONATION$1,000
LELAND HIGH SCHOOL PARENT SAN JOSE, CADONATION$1,021
BRET HEARTE EDUCATIONAL ASSOCIATION SAN JOSE, CADONATION$1,531
KHAN ACADEMY MOUNTAIN VIEW, CADONATION$1,041
SAN JOSE CHINESE CATHOLIC MISSION SANTA CLARA, CADONATION$2,545
STANDFORD UNIVERSITY STANDFORD, CADONATION$1,000
USC VITERBI SCHOOL OF ENGINEERING LOS ANGELES, CADONATION$23,000
DIOCESE OF SAN JOSE SAN JOSE, CADONATION$1,200
ROLCC YOUTH SANTA CLARA, CADONATION$205

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WALTER C WANGPRESIDENT3
FUNG WING WANGVICE PRESIDENT3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Walter and Fannie Wang Foundation?

Walter and Fannie Wang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN JOSE, CA. It holds $387K in total assets as of 2024.

How large is Walter and Fannie Wang Foundation?

As of 2024, Walter and Fannie Wang Foundation holds $387K in total assets with $18K in annual revenue. It awarded 11 grants totaling $34K in 2024.

Where does Walter and Fannie Wang Foundation operate?

Walter and Fannie Wang Foundation has awarded grants in Arizona, California, Illinois, Minnesota, Nebraska, Texas.

What size grants does Walter and Fannie Wang Foundation award?

In 2024, Walter and Fannie Wang Foundation awarded 11 grants totaling $34K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Walter and Fannie Wang Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter and Fannie Wang Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walter and Fannie Wang Foundation's EIN?

Walter and Fannie Wang Foundation's EIN (Employer Identification Number) is 26-3315955. IRS Form 990 filing data is available on this page for 2020–2024.

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

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