Yulei & Zongchao Family Foundation

SUNNYVALE, CA EIN: 92-1208911

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

+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

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $3K (100%)

States

California

Cities

AntiochSunnyvale

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Education

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.