Walter and Fannie Wang Foundation
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.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| LELAND HIGH SCHOOL SAN JOSE, CA | DONATION | $1,467 |
| LELAND BRIDGE PARENT CLUB SAN JOSE, CA | DONATION | $1,000 |
| LELAND HIGH SCHOOL PARENT SAN JOSE, CA | DONATION | $1,021 |
| BRET HEARTE EDUCATIONAL ASSOCIATION SAN JOSE, CA | DONATION | $1,531 |
| KHAN ACADEMY MOUNTAIN VIEW, CA | DONATION | $1,041 |
| SAN JOSE CHINESE CATHOLIC MISSION SANTA CLARA, CA | DONATION | $2,545 |
| STANDFORD UNIVERSITY STANDFORD, CA | DONATION | $1,000 |
| USC VITERBI SCHOOL OF ENGINEERING LOS ANGELES, CA | DONATION | $23,000 |
| DIOCESE OF SAN JOSE SAN JOSE, CA | DONATION | $1,200 |
| ROLCC YOUTH SANTA CLARA, CA | DONATION | $205 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER C WANG | PRESIDENT | 3 | — |
| FUNG WING WANG | VICE PRESIDENT | 3 | — |
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.
Explore Open Grants
Browse active grant opportunities in Walter and Fannie Wang Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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