Wei Family Foundation Inc
Wei Family Foundation Inc is a private foundation based in Fort Myers, Florida. Its 2024 filing lists grants for charitable and educational purposes, including grants to organizations in Illinois, Florida, and California, as well as recipients whose locations are not specified in the available grant list.
Key facts about Wei Family Foundation Inc
In short: Wei Family Foundation Inc gave $61K across 10 grants in 2024 (avg $6K), top state Illinois. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 47-2351518
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $60,963
- Grants made (2024)
- 10
- Average grant
- $6,096
- Median grant
- $496
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2024)
- Total assets
- $1,219,327
- Primary geography
- Illinois (8% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-0.1% YoY
Annual Giving
$61K
+22.2% YoY
Grant Count
10
+150.0% YoY
Avg Grant Size
$6K
-51.1% YoY
Under IRS private-foundation payout rules, Wei Family Foundation Inc reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
Is Wei Family Foundation Inc open to new grantees?
60%
first-time grantees, 2024
In 2024, 6 of 10 grantees (60%) were first-time recipients. First grants averaged $1K; repeat grants $14K. How we count
Medians: $237 first-time, $2K repeat.
- 40% of 2024 grantees were also funded in 2023. Method
- Giving grew 144% from 2021 to 2024. Method
- In 2024 it paid out 61% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Grantmaking
The foundation gave $60,963 through 10 grants in 2024. The median grant was $496; individual grants ranged from $100 to $50,486. It gave $49,907 through 4 grants in 2023 and $33,850 through 8 grants in 2022.
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Geographic Focus
Where this funder awards grants
The 2024 filing’s recipient-state breakdown lists Illinois at 8%, Florida at 6%, and California at 1%. It also shows 85% with an unclear state label, so that portion cannot be assigned to a specific state from the available information.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2021) to $61K (2024). In 2024 it made 10 grants totaling $61K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Tianfo Temple ($50K). Together the top 10 received $61K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 33 grants of 34 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tianfo Temple | Charitable | $50,486 |
| Chicago North Shore Chinese Center Wilmette, IL | Charitable | $5,000 |
| Heights Elementary School Fort Myers, FL | Educational | $3,000 |
| Shandong Jiyang County rehabilitation center for the handicapped | Charitable | $713 |
| Ji'nan Shanghe County rehabilitation center for the handicapped | Chariable | $691 |
| First Assembly of God Fort Myers, FL | Charitable | $300 |
| Sjeccd San Jose, CA | Charitable | $273 |
| SJSU San Jose, CA | Charitable | $200 |
| foothill -De Anza Foundation San Jose, CA | Charitable | $200 |
| Cypress Lake Middle School Fort Myers, FL | Educational | $100 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants given | Number of grants |
|---|---|---|
| 2024 | $60,963 | 10 |
| 2023 | $49,907 | 4 |
| 2022 | $33,850 | 8 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,219,327 | $1,220,477 | $1,147,716 |
| Revenue | $227,225 | $211,007 | $267,780 |
| Expenses | $239,778 | $209,642 | $152,365 |
| Qualifying Distributions | $76,915 | $86,658 | $56,556 |
| Net Investment Income | $64,362 | $89,235 | $120,876 |
| Distributable Amount | $125,413 | $121,459 | $57,113 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Eric X Wei as CEO, Beijing Yu as CFO, and Alice Yu as Secretary.
Wei Family Foundation Inc is led by Eric X. Wei, CEO on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eric X. Wei
CEO
On filings since 2020
2 hrs/week
No compensation reported
Beijing Yu
CFO
On filings since 2020
2 hrs/week
No compensation reported
Alice Yu
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Former officers (1)
- Former: Sichao Wei (2020) — Secretary
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.
Contact
Mailing address: 9633 Mendocino Dr, Fort Myers, FL 33919
Phone: (239) 297-3198
Frequently asked questions about Wei Family Foundation Inc
How much does Wei Family Foundation Inc give each year?
Wei Family Foundation Inc gave $61K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 4 grants.
What is Wei Family Foundation Inc's typical grant size?
Wei Family Foundation Inc's median grant in 2024 was $496, and its average grant was $6,096, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Wei Family Foundation Inc that year got $1K on average.
Where does Wei Family Foundation Inc give grants?
Wei Family Foundation Inc's top state is Illinois, with 8% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Florida (6%). The most frequent recipient cities were Fort Myers, FL (3 grants) and San Jose, CA (3 grants).
Does Wei Family Foundation Inc give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Wei Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).
Who are Wei Family Foundation Inc's largest grantees?
Wei Family Foundation Inc's largest 2024 grantees include Tianfo Temple ($50,486), Chicago North Shore Chinese Center ($5,000) and Heights Elementary School ($3,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is Wei Family Foundation Inc?
Wei Family Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $77K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Wei Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Wei Family Foundation Inc's EIN?
Wei Family Foundation Inc's EIN (Employer Identification Number) is 47-2351518. IRS Form 990 filing data is available on this page for 2020–2024.
Does Wei Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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