Yulei & Zongchao Family Foundation is a private foundation focused on Education, based in SUNNYVALE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52K
-5.6% YoY
Annual Giving
$2K
+300.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1K
+100.0% YoY
Under IRS private-foundation payout rules, Yulei & Zongchao Family Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Yulei & Zongchao Family Foundation
Based on IRS filings
Yulei & Zongchao Family Foundation is a private foundation focused on Education, based in SUNNYVALE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $51,518 | $54,549 |
| Revenue | $1,013 | $60,204 |
| Expenses | $4,044 | $5,655 |
| Qualifying Distributions | $4,044 | $5,655 |
| Net Investment Income | $1,831 | — |
| Distributable Amount | $3,553 | $3,289 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lighthouse ($1,000), Cherry Chase Elementary School ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIGHTHOUSE ANTIOCH, CA | SUPPORT | $1,000 |
| CHERRY CHASE ELEMENTARY SCHOOL SUNNYVALE, CA | SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YULEI LIU | PRESIDENT | 2 | — |
| ZONGCHAO LI | CFO | 2 | — |
| MATT LIU | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Yulei & Zongchao Family Foundation?
Yulei & Zongchao Family Foundation is a private foundation focused on Education, based in SUNNYVALE, CA. It holds $52K in total assets as of 2024.
How large is Yulei & Zongchao Family Foundation?
As of 2024, Yulei & Zongchao Family Foundation holds $52K in total assets with $1K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Yulei & Zongchao Family Foundation operate?
Yulei & Zongchao Family Foundation has awarded grants in California.
What size grants does Yulei & Zongchao Family Foundation award?
In 2024, Yulei & Zongchao Family Foundation awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Yulei & Zongchao Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Yulei & Zongchao Family Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Yulei & Zongchao Family Foundation's EIN?
Yulei & Zongchao Family Foundation's EIN (Employer Identification Number) is 92-1208911. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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