Jen-Hsun & Lori Huang Foundation
- Assets
- $1.0b
- Revenue
- $171.2m
- Investments
- $1.0b
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 26-1551239
Organization Overview
Jen-Hsun & Lori Huang Foundation is located in Palo Alto, CA. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jen-Hsun & Lori Huang Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Jen-Hsun & Lori Huang Foundation generated $171.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $66.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jen-Hsun & Lori Huang Foundation has awarded 42 individual grants totaling $144,377,093. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori L Huang President | 1 | $0 | |
Jen-Hsun Huang Secretary & CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $122,372,313 |
| Interest on Savings | $6,386 |
| Dividends & Interest | $1,059,570 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,818 |
| Capital Gain Net Income | $430,118 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $47,739,152 |
| Total Revenue | $171,172,603 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,255 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $54,535 |
| Contributions, gifts, grants paid | $66,338,496 |
| Total expenses and disbursements | $66,393,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,128,064 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,354 |
| Total assets | $1,011,788,263 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $38,190,298 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,316,895 |
| Total liabilities | $48,507,193 |
Grants Awarded
Over the last fiscal year, Jen-Hsun & Lori Huang Foundation has awarded $66,338,496 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
OREGON STATE UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $8,560 |
OREGON STATE UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $9,940,460 |
SCHWAB CHARITABLE FUND PURPOSE: GENERAL OPERATING SUPPORT | $55,334,119 |
MENTAL HEALTH INNOVATIONS PURPOSE: GENERAL OPERATING SUPPORT | $358,014 |
OREGON STATE UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $241,440 |