Ge Li & Ning Zhao Family Foundation

Organization Overview

Ge Li & Ning Zhao Family Foundation is located in Wilmington, DE. 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. Ge Li & Ning Zhao Family 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, Ge Li & Ning Zhao Family Foundation generated $240.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 54.7% each year . All expenses for the organization totaled $11.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Foundation Source
$106,054
Seyfarth Shaw Llp
$68,027
Enboon Capital Management Corporation
$479,167
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $220,862,621
Interest on Savings $1,604
Dividends & Interest $8,908,422
Net Rental Income$0
Net Gain on Sale of Assets $10,712,023
Capital Gain Net Income $86,239,588
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $240,484,670

Grants Awarded

Over the last fiscal year, Ge Li & Ning Zhao Family Foundation has awarded $8,270,000 in support to 5 organizations.

Grant RecipientAmount

COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

PURPOSE: FOR THE BENEFIT OF COLUMBIA COLLEGE, THE FACULTY OF ARTS AND SCIENCES AND THE GRADUATE SCHOOL OF ARTS & SCIENCES

$4,000,000

MEMORIAL SLOAN-KETTERING CANCER CENTER THE SOCIET

PURPOSE: TO ESTABLISH THE NING ZHAO & GE LI FAMILY INITIATIVE FOR LUNG CANCER RESEARCH AND NEW THERAPIES

$4,000,000

SCRIPPS RESEARCH INSTITUTE

Org PageRecipient Profile

La Jolla, CA

PURPOSE: IN SUPPORT OF THE JOHN MARTIN MEMORIAL LECTURE

$250,000

SOMERSET HILLS LEARNING INSTITUTE INC

Org PageRecipient Profile

Bedminster, NJ

PURPOSE: IN SUPPORT OF THE HALLOWEEN BALL

$15,000

Hightstown, NJ

PURPOSE: SELTZER TEAM

$5,000
View Grant Profile

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