Zhang and Fu Family Foundation

BURLINGAME, CA EIN: 87-3028689

Zhang and Fu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGAME, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$247K

+20.4% YoY

Annual Giving

$5K

+1285.7% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$3K

+592.9% YoY

Under IRS private-foundation payout rules, Zhang and Fu Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Zhang and Fu Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $5K (80%)

Rhode Island $1K (20%)

States

California Rhode Island

Cities

HillsboroughWarwick

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$247,337	$205,364	$210,041
Revenue	$45,028	$5,000	$13,333
Expenses	$7,021	$9,492	$10,797
Qualifying Distributions	$5,432	$9,492	$10,597
Net Investment Income	$45,028	—	$13,318
Distributable Amount	$11,524	$10,300	$10,376

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hillsborough School Foundation ($5,000), Plan International Usa Inc ($432).

Recipient	Purpose	Amount
HILLSBOROUGH SCHOOL FOUNDATION HILLSBOROUGH, CA	DONATION	$5,000
PLAN INTERNATIONAL USA INC WARWICK, RI	PROVIDE SUPPORT FOR A CHILD THROUGH PLAN	$432

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
YANWEI ZHANG	CEO	5	—
JIZHOU FU	SECRETARY	5	—
XIAONING FU	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Zhang and Fu Family Foundation?

Zhang and Fu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGAME, CA. It holds $247K in total assets as of 2024.

How large is Zhang and Fu Family Foundation?

As of 2024, Zhang and Fu Family Foundation holds $247K in total assets with $45K in annual revenue. It awarded 2 grants totaling $5K in 2024.

Where does Zhang and Fu Family Foundation operate?

Zhang and Fu Family Foundation has awarded grants in California, Rhode Island.

What size grants does Zhang and Fu Family Foundation award?

In 2024, Zhang and Fu Family Foundation awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Zhang and Fu Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Zhang and Fu Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2021–2024.