Wang and Li Family Foundation
Wang and Li Family Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $776K in total assets. In 2024, it awarded 3 grants totaling $39K.
Wang and Li Family Foundation at a glance
In short: Wang and Li Family Foundation gave $39K across 3 grants in 2024 (avg $13K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $38,800
- +41.1% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $12,933
- +41.1% vs 2023
- Median grant
- $10,000
- Total assets
- $775,601
- -10.3% vs 2023
- Primary geography
- Massachusetts (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Wang and Li Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Massachusetts Institute of Technology ($24K). Together the top 3 received $39K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Wang and Li Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+19%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3K (2020) to $45K (2022). In 2024 it made 3 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Institute of Technology Cambridge, MA | Donation to Support the Donee Public Foundation | $23,800 |
| Bay Echo Association Cupertino, CA | Donation to Support the Donee Public Foundation | $10,000 |
| Palo Alto Partners in Education Palo Alto, CA | Donation to Support the Donee Public Foundation | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $775,601 | $19,516 | $58,775 | $38,800 | 3 | $58,775 |
| 2023 | $864,782 | $14,916 | $43,605 | $27,500 | 3 | $43,605 |
| 2022 | $870,099 | $323,972 | $46,325 | $45,250 | 3 | $46,325 |
| 2021 | $582,202 | $320,000 | $37,606 | $32,500 | 3 | — |
| 2020 | $299,808 | $320,000 | $20,192 | $2,500 | 1 | — |
Leadership & Key People
Officers and directors from IRS filings
Wang and Li Family Foundation is led by Xiangzhou Wang, Executive Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Xiangzhou Wang
Executive Director
On filings since 2020
20 hrs/week
No compensation reported
Wenhua Li
Secretary
On filings since 2020
15 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Wang and Li Family Foundation
How much does Wang and Li Family Foundation give each year?
Wang and Li Family Foundation gave $39K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 3 grants.
What is Wang and Li Family Foundation's typical grant size?
Wang and Li Family Foundation's median grant in 2024 was $10,000, and its average grant was $12,933, across 3 grants on its 2024 IRS Form 990-PF.
Where does Wang and Li Family Foundation give grants?
Wang and Li Family Foundation gives mostly in Massachusetts: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (39%).
Does Wang and Li Family Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Wang and Li Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation to Support the Donee Public Foundation" (3 grants).
How large is Wang and Li Family Foundation?
Wang and Li Family Foundation reported $776K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $20K.
What is Wang and Li Family Foundation's EIN?
Wang and Li Family Foundation's EIN (Employer Identification Number) is 84-3962767. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Wang and Li Family Foundation funds
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