Walter and Shirley Wang Foundation Inc
Walter and Shirley Wang Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $88.0M in total assets. In 2024, it awarded 15 grants totaling $2.0M. Net investment income was $3.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88.0M
+2.6% YoY
Annual Giving
$2.0M
+63.3% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$135K
+8.8% YoY
Under IRS private-foundation payout rules, Walter and Shirley Wang Foundation Inc reported a distributable amount of $4.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Walter and Shirley Wang Foundation Inc
Based on IRS filings
Walter and Shirley Wang Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $88.0M in total assets. In 2024, it awarded 15 grants totaling $2.0M. Net investment income was $3.3M.
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 | $87,981,963 | $85,787,081 | $80,096,216 |
| Revenue | $4,595,310 | $7,274,654 | $55,541,918 |
| Expenses | $1,968,473 | $648,581 | $5,986,200 |
| Qualifying Distributions | $2,088,019 | $1,259,796 | $1,615,674 |
| Net Investment Income | $3,336,786 | $2,014,437 | $440,977 |
| Distributable Amount | $4,261,608 | $4,022,347 | $1,472,471 |
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
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asian Americans Advancing Justice Southern California ($500,000), Columbia University in the City of New York ($500,000), St Paul & St Andrew United Methodist Church ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASIAN AMERICANS ADVANCING JUSTICE SOUTHERN CALIFORNIA LOS ANGELES, CA | GENERAL SUPPORT | $500,000 |
| COLUMBIA UNIVERSITY ASIAN FACULTY ASSOCIATION NEWYORK, NY | GENERAL SUPPORT | $1,000 |
| KEEP BEL-AIR BEAUTIFUL LOS ANGELES, CA | GENERAL SUPPORT | $10,000 |
| COLUMBIA UNIVERSITY (ANNUAL DINNER) NEW YORK, NY | GENERAL SUPPORT | $100,000 |
| HOUSTON ARBORETUM NATURE CENTER HOUSTON, TX | GENERAL SUPPORT | $15,000 |
| LOS ANGELES POLICE MUSEUM LOS ANGELES, CA | GENERAL SUPPORT | $5,000 |
| ST PAUL & ST ANDREW UNITED METHODIST CHURCH NYC, NY | GENERAL SUPPORT | $250,000 |
| ATLANTIC LEGAL FOUNDATION INC NEW YORK, NY | GENERAL SUPPORT | $7,500 |
| COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK NEW YORK, NY | GENERAL SUPPORT | $500,000 |
| ASHEVILLE BUNCOMBE COMMUNITY CHRISTIAN MINISTRY ARDEN, NC | GENERAL SUPPORT | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHIRLEY WANG | PRESIDENT, TRUSTEE | 1 | — |
| WALTER W WANG | SECRETARY, TRUSTEE | 1 | — |
| WALTER WANG JR | OFFICER | 10 | $25,171 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Walter and Shirley Wang Foundation Inc?
Walter and Shirley Wang Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $88.0M in total assets as of 2024.
How large is Walter and Shirley Wang Foundation Inc?
As of 2024, Walter and Shirley Wang Foundation Inc holds $88.0M in total assets with $4.6M in annual revenue. It awarded 15 grants totaling $2.0M in 2024.
Where does Walter and Shirley Wang Foundation Inc operate?
Walter and Shirley Wang Foundation Inc has awarded grants in California, District of Columbia, Georgia, Hawaii, North Carolina, New York, Texas.
What size grants does Walter and Shirley Wang Foundation Inc award?
In 2024, Walter and Shirley Wang Foundation Inc awarded 15 grants totaling $2.0M — an average of about $135K per grant, based on its IRS Form 990 filings.
How much is Walter and Shirley Wang Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter and Shirley Wang Foundation Inc reported a distributable amount of $4.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter and Shirley Wang Foundation Inc's EIN?
Walter and Shirley Wang Foundation Inc's EIN (Employer Identification Number) is 26-2012421. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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