Zhang Initiative Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DUBLIN, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 4 grants totaling $187K. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-1.6% YoY
Annual Giving
$187K
+76.9% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$47K
+165.4% YoY
Under IRS private-foundation payout rules, Zhang Initiative Foundation reported a distributable amount of $128K for 2024 — the minimum it must pay out in qualifying distributions.
About Zhang Initiative Foundation
Based on IRS filings
Zhang Initiative Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DUBLIN, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 4 grants totaling $187K. Net investment income was $153K.
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 | $2,407,891 | $2,447,001 | $2,372,227 |
| Revenue | $152,623 | $131,778 | $104,877 |
| Expenses | $191,733 | $115,874 | $113,586 |
| Qualifying Distributions | $191,733 | $115,874 | $111,495 |
| Net Investment Income | $152,623 | $131,778 | $104,877 |
| Distributable Amount | $128,313 | $119,120 | $130,466 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Harker School ($100,000), Schwab Charitable Fund ($80,000), Ase Foundation ($5,350).
| Recipient | Purpose | Amount |
|---|---|---|
| ZHEDA ALUMNI FOUNDATION SAN JOSE, CA | CHARITY | $1,500 |
| THE HARKER SCHOOL SAN JOSE, CA | CHARITY | $100,000 |
| SCHWAB CHARITABLE FUND ORLANDO, FL | CHARITY | $80,000 |
| ASE FOUNDATION DURHAM, NC | CHARITY | $5,350 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MING ZHANG | President & CEO | 2 | — |
| HONG ZHANG | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Zhang Initiative Foundation?
Zhang Initiative Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DUBLIN, CA. It holds $2.4M in total assets as of 2024.
How large is Zhang Initiative Foundation?
As of 2024, Zhang Initiative Foundation holds $2.4M in total assets with $153K in annual revenue. It awarded 4 grants totaling $187K in 2024.
Where does Zhang Initiative Foundation operate?
Zhang Initiative Foundation has awarded grants in California, District of Columbia, Florida, Massachusetts, North Carolina, New York.
What size grants does Zhang Initiative Foundation award?
In 2024, Zhang Initiative Foundation awarded 4 grants totaling $187K — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Zhang Initiative Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Zhang Initiative Foundation reported a distributable amount of $128K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Zhang Initiative Foundation's EIN?
Zhang Initiative Foundation's EIN (Employer Identification Number) is 82-1458818. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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