Jen-Hsun & Lori Huang Foundation
- Assets
- $1.9b
- Revenue
- $29.6m
- Investments
- $1.9b
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 10/2008
- Data as of
- 12/2021
- 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 12/2021, Jen-Hsun & Lori Huang Foundation generated $29.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $31.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jen-Hsun & Lori Huang Foundation has awarded 34 individual grants totaling $78,038,597. 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 |
|---|---|---|---|
Jen-Hsun Huang Secretary & CFO | 1 | $0 | |
Lori L Huang President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $137,964 |
| Interest on Savings | $41 |
| Dividends & Interest | $1,065,625 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37 |
| Capital Gain Net Income | $137,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,406,753 |
| Total Revenue | $29,610,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $90,013 |
| Contributions, gifts, grants paid | $31,473,289 |
| Total expenses and disbursements | $31,563,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $152,546 |
| 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 | $8,295 |
| Total assets | $1,930,245,950 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $24,791,887 |
| Total liabilities | $24,791,887 |
Grants Awarded
Over the last fiscal year, Jen-Hsun & Lori Huang Foundation has awarded $31,473,289 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE GE FORCE FUND PURPOSE: GENERAL OPERATING EXPENSES | $26,965,975 |
Corvallis, OR PURPOSE: GENERAL OPERATING SUPPORT | $3,140,512 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $887,289 |
Corvallis, OR PURPOSE: GENERAL OPERATING SUPPORT | $265,832 |
ASIA SOCIETY PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Corvallis, OR PURPOSE: GENERAL OPERATING SUPPORT | $91,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |