Zhang and Fu Family Foundation
Zhang and Fu Family Foundation is a private foundation, based in Burlingame, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $244K in total assets. In 2025, it awarded 4 grants totaling $7K. Net investment income was $211.
Zhang and Fu Family Foundation at a glance
In short: Zhang and Fu Family Foundation gave $7K across 4 grants in 2025 (avg $2K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,432
- +36.8% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $1,858
- -31.6% vs 2024
- Median grant
- $1,000
- Total assets
- $243,736
- -1.5% vs 2024
- Primary geography
- California (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Zhang and Fu Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Hillsborough School Foundation ($5K). Together the top 4 received $7K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Zhang and Fu Family Foundation gives
- Giving grew 1835% from 2022 to 2025. Method
- In 2025 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
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 2021 to 2025, annual grant giving ranged from $64 (2021) to $7K (2025). In 2025 it made 4 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hillsborough School Foundation Hillsborough, CA | Donation | $5,000 |
| University of Chicago Chicago, IL | Donation | $1,000 |
| University of Illinois at Urbana-Champaign Champaign, IL | Donation | $1,000 |
| Plan International USA Inc Warwick, RI | Provide Support for a Child Through Plan | $432 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $243,736 | $211 | $10,544 | $7,432 | 4 | $7,432 | $211 | $12,137 |
| 2024 | $247,337 | $45,028 | $7,021 | $5,432 | 2 | $5,432 | $45,028 | $11,524 |
| 2023 | $205,364 | $5,000 | $9,492 | $392 | 1 | $9,492 | — | $10,300 |
| 2022 | $210,041 | $13,333 | $10,797 | $384 | 1 | $10,597 | $13,318 | $10,376 |
| 2021 | $207,389 | $207,478 | $158 | $64 | 1 | $64 | $4,953 | $469 |
Under IRS private-foundation payout rules, Zhang and Fu Family Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Zhang and Fu Family Foundation is led by Yanwei Zhang, CEO on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Yanwei Zhang
CEO
On filings since 2021
5 hrs/week
No compensation reported
Xiaoning Fu
Director
On filings since 2021
1 hr/week
No compensation reported
Jizhou Fu
Secretary
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Zhang and Fu Family Foundation
How much does Zhang and Fu Family Foundation give each year?
Zhang and Fu Family Foundation gave $7K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 2 grants.
What is Zhang and Fu Family Foundation's typical grant size?
Zhang and Fu Family Foundation's median grant in 2025 was $1,000, and its average grant was $1,858, across 4 grants on its 2025 IRS Form 990-PF.
Where does Zhang and Fu Family Foundation give grants?
Zhang and Fu Family Foundation gives mostly in California: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (27%) and Rhode Island (6%).
Does Zhang and Fu Family Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Zhang and Fu Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (3 grants).
How large is Zhang and Fu Family Foundation?
Zhang and Fu Family Foundation reported $244K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $12K (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.
What is Zhang and Fu Family Foundation's EIN?
Zhang and Fu Family Foundation's EIN (Employer Identification Number) is 87-3028689. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 27, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Zhang and Fu Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). Zhang and Fu Family Foundation funder profile. GrantGraph. Retrieved October 26, 2026, from https://grantable.co/funders/zhang-and-fu-family-foundation-morg_8c8aba092dee4e209f807cd1c6ea73e8
BibTeX
@misc{grantable_873028689_2026,
author = {{Grantable}},
title = {{Zhang and Fu Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/zhang-and-fu-family-foundation-morg_8c8aba092dee4e209f807cd1c6ea73e8},
note = {Accessed 2026-10-26. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Zhang and Fu Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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