Zhong Foundation

Private foundation · Grantmaker Mountain View, CA EIN: 93-3829849

Zhong Foundation is a private foundation, based in Mountain View, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 3 grants totaling $298K. Net investment income was $124K.

Key facts about Zhong Foundation

In short: Zhong Foundation gave $298K across 3 grants in 2024 (avg $99K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
93-3829849
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$298,300
Grants made (2024)
3
Average grant
$99,433
Median grant
$60,000
Total assets
$4,821,177
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+344.0% YoY

Annual Giving

$298K

Grant Count

3

Avg Grant Size

$99K

Under IRS private-foundation payout rules, Zhong Foundation reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

How Zhong Foundation gives

  • In 2024 it paid out 217% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

Menlo ParkStanford

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2023 3 grants2024

In 2024 it made 3 grants totaling $298K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Stanford University: $200KStanford University$200KPhilips Brooks School: $60KPhilips Brooks School$60KTrinity School: $38KTrinity School$38K

The largest 2024 recipient was Stanford University ($200K). Together the top 3 received $298K.

Grant Size Distribution

3 grants across all recorded years

1<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 3 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Stanford University Stanford, CAGeneral; Support$200,000
Philips Brooks School Menlo Park, CAAnnual Fund$60,000
Trinity School Menlo Park, CASpring Benefit; Annual Fund$38,300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2023 2024
Metric20242023
Total Assets$4,821,177$1,085,749
Revenue$4,038,409$1,100,000
Expenses$302,981$14,251
Qualifying Distributions$298,300—
Net Investment Income$123,626—
Distributable Amount$137,704$2,907

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Zhong Foundation is led by Charles Zhong, President on every filing since 2023 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Charles Zhong

    President

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "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 Zhong Foundation

How much does Zhong Foundation give each year?

Zhong Foundation gave $298K across 3 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Zhong Foundation's typical grant size?

Zhong Foundation's median grant in 2024 was $60,000, and its average grant was $99,433, across 3 grants on its 2024 IRS Form 990-PF.

Where does Zhong Foundation give grants?

Zhong Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Menlo Park, CA (2 grants).

Does Zhong Foundation give general operating support?

Yes: 100% of Zhong Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Zhong Foundation?

Zhong Foundation reported $4.8M in total assets on its 2024 IRS Form 990-PF. It paid out $298K in qualifying distributions that year, against a required minimum of $138K (roughly 5% of its investment assets).

What is Zhong Foundation's EIN?

Zhong Foundation's EIN (Employer Identification Number) is 93-3829849. IRS Form 990 filing data is available on this page for 2023–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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