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Filing year 2024

The Marcus and Desiree Chung Family Foundation

San Francisco, California·EIN 93-4831437·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$50k
Total assets
$2M
Total expenses
$114k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. The Marcus and Desiree Chung Family Foundation reported 2 unpaid officers and board members on its 990-PF.

President
Secretary Treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$100k

Itemized grants

7

Median grant

$15k

RecipientLocationPurposeAmount
UCLALos Angeles, CATo support the Integrative Biology & Physiology Department Directors Discretionary Fund - Neuroscience$25k
Palma SchoolSalinas, CAGeneral support for education of the schools students$20k
Stanford UniversityStanford, CAContribution to the General Gifts Fund for Stanford Bio-X Interdisciplinary Biosciences Institute.$20k
Monterey Bay AquariumMonterey, CAGeneral support for ocean conservation programs$15k
Operation Freedom PawsGilroy, CAGeneral support for the care and training of service dogs for the disabled$10k
St Jude Childrens Research HospitalMemphis, TNGeneral support for patients and their families$5k
Lazarex Cancer FoundationDanville, CAGeneral support for cancer patients and their families$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Marcus and Desiree Chung Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$2M
2023
$50k
$114k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in California

The Marcus and Desiree Chung Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California
FAQ

Common questions about The Marcus and Desiree Chung Family Foundation

What are The Marcus and Desiree Chung Family Foundation's revenue and expenses?

In 2024, The Marcus and Desiree Chung Family Foundation reported $50k in total revenue and $114k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.