Yu and Wei Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 5 grants totaling $155K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+0.1% YoY
Annual Giving
$155K
-18.6% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$31K
+30.3% YoY
Under IRS private-foundation payout rules, Yu and Wei Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
About Yu and Wei Foundation
Based on IRS filings
Yu and Wei Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 5 grants totaling $155K. Net investment income was $32K.
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 | $2,123,463 | $2,121,317 | $2,179,087 |
| Revenue | $181,634 | $142,926 | $-201,624 |
| Expenses | $179,488 | $200,696 | $164,955 |
| Qualifying Distributions | $168,750 | $190,157 | $153,817 |
| Net Investment Income | $31,539 | $57,056 | $6,494 |
| Distributable Amount | $151,936 | $126,008 | $125,433 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ray Wu Memorial Fund ($148,290), Peach Foundation ($4,500), Austin Chen Tsai Foundation ($1,100).
| Recipient | Purpose | Amount |
|---|---|---|
| Peach Foundation Foster City, CA | General Support | $4,500 |
| Ray Wu Memorial Fund Atlanta, GA | General Support | $148,290 |
| KQED San Francisco, CA | General Support | $120 |
| Shoulder Action | General Support | $856 |
| Austin Chen Tsai Foundation San Jose, CA | General Support | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GUOLIANG YU | CEO | 2 | — |
| YINGFEI WEI | CFO | 3 | — |
| DAVID YU | Director | — | — |
| KEVIN YU | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Yu and Wei Foundation?
Yu and Wei Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $2.1M in total assets as of 2024.
How large is Yu and Wei Foundation?
As of 2024, Yu and Wei Foundation holds $2.1M in total assets with $182K in annual revenue. It awarded 5 grants totaling $155K in 2024.
Where does Yu and Wei Foundation operate?
Yu and Wei Foundation has awarded grants in California, Georgia, Maryland, Nevada, New York.
What size grants does Yu and Wei Foundation award?
In 2024, Yu and Wei Foundation awarded 5 grants totaling $155K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Yu and Wei Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Yu and Wei Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Yu and Wei Foundation's EIN?
Yu and Wei Foundation's EIN (Employer Identification Number) is 26-2801155. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Yu and Wei 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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