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Jeff & Sherry Hwang Foundation at a glance

· Private foundation

Jeff & Sherry Hwang Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$468k
Granted FY2025still arriving
7
Grants FY2025still arriving
4
States reached
$175k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.

Religion$917kEducation$199kPublic Safety & Disaster$183kHealth$59kPublic Benefit$32kYouth Development$3kHuman Services$3kCivil Rights$3kOther$0
02FY2025 · 7 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $500
  • $10k–50k2 grants · $40k
  • $50k–250k4 grants · $427k
$52,100
Median grant
4
States reached
$1.4M
Total assets
Largest grants
RecipientAmount
BUDDHIST TZU CHI FOUNDATION$175,000
Huat Bo Sar Dor Liong Monastery$100,000
Kaohsiung Municipal Tsoying Sr High$100,000
AMERICAN RED CROSS$52,100
NCKU$25,000
International Leadership Foundation$15,000
The Montessori of McLean$500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

US giving: 77% of grant dollars ($1.1M). The need read here covers only this US portion; the 23% that went abroad ($320k) is mapped below.

show:

Its human-services grants (FY18–24, $9k) land where the poverty rate runs at 14%, against an area that typically sits at 9%. 94% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%ShelterBox USA: $500 → 14%The Jobs Partnership of Florida: $513 → 13%Colorado African Cultural Center: $515 → 12%Second Story: $520 → 6%AMERICAN RED CROSS: $7k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NY
MA
OH
PA
CA
CO
MO
VA
MD
DC
AL
GA
FL

Beyond the US: 23% of all-years giving ($320k)

2 countries, by the recipient’s country on the filing.

grant dollars sentlessmore
Taiwan$200k · 2 grants
Afghanistan$120k · 1 grant
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving. International giving is mapped by the recipient’s country from the same 990 filings; comparable need data isn’t available at that grain.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

81%of every dollar goes to organizations it has funded before.
$1.1M · 9 repeat orgs$263k to everyone else

9 repeat relationships: 4 still active in FY2025, 5 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
25

Total granted

$1.1M
$138k

Median revenue growth · since first grant

-38%
+27%

Still filing today

67%
68%

New vs renewed · share of each year

In FY2025, 73% of grant dollars renewed an existing relationship; $126k went to new ones.

50%100%’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24’25
Human ServicesEducationPublic BenefitPhilanthropyHealthYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • BT
    BUDDHIST TZU CHI FOUNDATION
    8× · 2018–2025 · $697k
  • HB
    HUAT BO SAR DOR LIONG MONASTERY
    2× · 2021–2025 · $220k
  • AR
    AMERICAN RED CROSS
    7× · 2019–2025 · $175k

Funded once

  • GS
    Georgia State University Foundation Inc
    one grant, 2018 · $50k · revenue +10%
  • MH
    MEDSTAR HEALTH RESEARCH INSTITUTE INCgraduated
    one grant, 2018 · $30k · revenue +123%
  • MH
    MEDSTAR HEALTH INCgraduated
    one grant, 2020 · $20k · revenue +54%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Waterorg

Water.org's goal is to bring safe water and sanitation to the world through access to small, affordable loans.

International
2
Common Impact Inc

Common impact's mission is to strengthen the capacity of social change organizations, enabling them to better run and scale their programs. through its partnership with companies, common impact taps into the business skills and expertise…

Unclassified
3
Activate Global Inc

Activate empowers scientists to reinvent the world by bringing their research to market. activate partners with u.s. based funders, research institutions, and other pillars of the hard technology community to help entrepreneurial…

Environment
4
Climate Breakthrough Inc

To launch breakthrough climate mitigation efforts by identifying, supporting, and unleashing innovative leaders with transformative strategies.

Human Services
5
Pact Inc

Pact is a nonprofit organization that builds evidence-based, data-driven, and community-led solutions for human development (continued in schedule o)

International
6
Partnership for Public Service Inc

Making our government work better is a daunting task, and we are a small organization seeking to transform a government that employs millions of civilians and manages trillions of dollars in taxpayer revenue needed to protect public…

Employment
7
Youthbuild Global Inc

With love and respect, we partner with opportunity youth to build the skillsets and mindsets that lead to lifelong learning, livelihood, and leadership. youthbuild strives to create a world where all young people are seen for their…

Employment
8
Techbridge Inc

Techbridge breaks the cycle of generational poverty through the innovative use of technology to transform nonprofit and community impact. techbridge's work is focused on four pillars: hunger relief, homeless support, social justice and…

Philanthropy
9
Actionaid Usa

Actionaid is an international network building a just, equitable, and sustainable world in solidarity with communities on the frontlines of poverty and injustice. actionaid usa is the u.s. branch of actionaid international, which works in…

Social Science
10
Ja Africa

The mission of ja africa is to inspire and prepare young people in africa to succeed in a global economy.

Education
11
Fajr Scientific

To provide multi-specialty surgical care, humanitarian aid and educational support to people in low- and middle-income countries.

Science & Tech
12
Partnership On Ai to Benefit People and Society

Bringing diverse voices together across global sectors, disciplines, and demographics so developments in ai advance positive outcomes for people and society.

Science & Tech
How this is measured
The grantee most central to the portfolio’s shape is Black Girls Code Inc; the most unlike its peers is Colorado African Cultural Center. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

25 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 25 of the 38 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
24/25
Grantees still filing
14/25
Grew since first funded

Where the money sits, by cause and then by grantee

BUDDHIST TZU CHI FOUNDATION: $696,760 · ReligionBUDDHIST TZU CHI FOUNDATIONHUAT BO SAR DOR LIONG MONASTERY: $220,000 · OtherHUAT BO SAR DOR LIONG MONASTERYAMERICAN RED CROSS: $174,700 · OtherAMERICAN RED CROSSKaohsiung Municipal Tsoying Sr High: $100,000 · OtherKaohsiung Municipal Tsoying Sr HighMEDSTAR HEALTH RESEARCH INSTITUTE INC: $30,000 · OtherNCKU: $25,000 · Other+17 more: $32,580 · Other+17 moreGeorgia State University Foundation Inc: $50,000 · EducationBLACK GIRLS CODE INC: $5,165 · EducationWASHINGTON METROPOLITAN ASSOCIATION OF CHINESE SCH: $4,000 · Education+1 more: $1,962 · EducationINTERNATIONAL LEADERSHIP FOUNDATION: $30,000 · Public BenefitOPERATION TROOP APPRECIATION: $2,000 · Public BenefitMEDSTAR HEALTH INC: $20,000 · Health+1 more: $515 · HealthAmerican National Red Cross & Its Constituent Chapters and Branches: $7,400 · Human ServicesABUSED AND HOMELESS CHILDREN'S REFUGE INC: $520 · Human ServicesCOLORADO AFRICAN CULTURAL CENTER: $515 · Human ServicesTHE JOBS PARTNERSHIP OF FLORIDA INC: $513 · Human ServicesSHELTERBOX USA INC: $500 · Human ServicesAll Star Code Inc: $2,407 · Youth DevelopmentOUTDOOR OUTREACH: $521 · Youth Development
Religion$696,760Other$582,280Education$61,127Public Benefit$32,000Health$20,515Human Services$9,448Youth Development$2,928

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBUDDHIST TZU CHI FOUNDATION: $696,760 over 8y, 0.3% of budgetGeorgia State University Foundation Inc: $50,000 over 1y, 0.1% of budgetMEDSTAR HEALTH RESEARCH INSTITUTE INC: $30,000 over 1y, 0.1% of budgetINTERNATIONAL LEADERSHIP FOUNDATION: $30,000 over 2y, 1.6% of budgetMEDSTAR HEALTH INC: $20,000 over 1y, 0.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $7,400 over 1y, 0.0% of budgetBLACK GIRLS CODE INC: $5,165 over 3y, 0.0% of budgetWASHINGTON METROPOLITAN ASSOCIATION OF CHINESE SCH: $4,000 over 1y, 4.7% of budgetDREAMORG: $2,655 over 3y, 0.0% of budgetAll Star Code Inc: $2,407 over 3y, 0.1% of budgetOPERATION TROOP APPRECIATION: $2,000 over 1y, 0.5% of budgetPROJECT TF: $1,962 over 3y, 0.0% of budgetOUTDOOR OUTREACH: $521 over 1y, 0.0% of budgetABUSED AND HOMELESS CHILDREN'S REFUGE INC: $520 over 1y, 0.0% of budgetWORLD CENTRAL KITCHEN INC: $520 over 1y, 0.0% of budgetSO WHAT ELSE INC: $515 over 1y, 0.0% of budgetCOLORADO AFRICAN CULTURAL CENTER: $515 over 1y, 0.4% of budgetTHE CARSON STRONG FOUNDATION: $515 over 1y, 0.1% of budgetTHE JOBS PARTNERSHIP OF FLORIDA INC: $513 over 1y, 0.0% of budgetFORKIDS INC: $500 over 1y, 0.0% of budgetA MOMS PEACE: $500 over 1y, 0.4% of budgetCHRIS LONG FOUNDATION: $500 over 1y, 0.0% of budgetANNA SUDHA COMMUNITY KITCHENS CORP: $500 over 1y, 0.2% of budgetSHELTERBOX USA INC: $500 over 1y, 0.0% of budgetPHILANTHROPIC VENTURES FOUNDATION: $370 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Jpmorgan Chase Founda…Gs Donor Advised Phil…National Philanthropi…The Bank of America C…The Blackbaud Giving …Paypal Charitable Giv…Vanguard Charitable E…Morgan Stanley Global…American Online Givin…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Jpmorgan Chase FoundationNY10× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jpmorgan Chase Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · The Blackbaud Giving Fund · Paypal Charitable Giving Fund · Vanguard Charitable Endowment Program · Morgan Stanley Global Impact Funding Trust Inc · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Jeff & Sherry Hwang Foundation funds: left to right is the share of its income from government, bottom to top the share from Jeff & Sherry Hwang Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%0%1%3%5%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 25%
  • Medstar Health Research Institute Inc: 25% of income from government
  • Medstar Health Inc: 23% of income from government
no gov moneyreceives it· size = income
2get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–30%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 38 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Jeff & Sherry Hwang’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home