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Charles B Wang Foundation

A Delaware Non For Profit Corp
  • Oyster Bay, NY
  • Tax-exempt since March 1999
  • EIN: 11-3461453

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$366k (2024)

Expenses
$352k (2024)

Total Assets
$8.97M (2024)

Total Liabilities
$0 (2024)

Years with multiple filings
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$366,030
Expenses
$351,574
Net Income
$14,456
Net Assets
$8,965,205
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $285,633
78.0%
Sales of Assets $80,397
22.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $281,739
80.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,965,205
Total Liabilities $0
Net Assets $8,965,205
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$278,760
Expenses
$353,775
Net Income
-$75,015
Net Assets
$8,950,749
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $251,548
90.2%
Sales of Assets $27,212
9.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $293,366
82.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,950,749
Total Liabilities $0
Net Assets $8,950,749
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$329,034
Expenses
$816,850
Net Income
-$487,816
Net Assets
$9,025,764
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,175
1.6%
Dividends $178,051
54.1%
Sales of Assets $145,808
44.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $696,013
85.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,025,764
Total Liabilities $0
Net Assets $9,025,764
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on Oct. 18, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,251,407
Expenses
$840,699
Net Income
$1,410,708
Net Assets
$9,432,428
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $11
0.0%
Dividends $188,601
8.4%
Sales of Assets $2,062,795
91.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $761,430
90.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,432,428
Total Liabilities $0
Net Assets $9,432,428
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$549,529
Expenses
$657,748
Net Income
-$108,219
Net Assets
$8,021,719
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4
0.0%
Dividends $168,891
30.7%
Sales of Assets $380,634
69.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $591,949
90.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,021,720
Total Liabilities $1
Net Assets $8,021,719
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$286,712
Expenses
$850,906
Net Income
-$564,194
Net Assets
$8,129,938
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $16
0.0%
Dividends $227,694
79.4%
Sales of Assets $59,002
20.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $770,604
90.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,129,939
Total Liabilities $1
Net Assets $8,129,938
Compensation
Key Employees and Officers Compensation Other
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Arthur Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$533,005
Expenses
$969,349
Net Income
-$436,344
Net Assets
$8,694,133
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
0.0%
Dividends $197,092
37.0%
Sales of Assets $335,898
63.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $882,301
91.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,694,133
Total Liabilities $0
Net Assets $8,694,133
Compensation
Key Employees and Officers Compensation Other
Charles B Wang Deceased 10212018 (Exec Board Chairman/Director) $0 $0
Nancy Li (President/Director) $0 $0
Kimberly W Dey (Vp/Director) $0 $0
Jasmine Wang (Vp/Director) $0 $0
Cameron Wang (Vp/Director) $0 $0
Jiming Liang (Secretary) $0 $0
Art Mccarthy (Treasurer) $0 $0
+ View more people

Document Links

990-PF
Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$564,463
Expenses
$1,717,367
Net Income
-$1,152,904
Net Assets
$9,130,477
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $72
0.0%
Dividends $213,426
37.8%
Sales of Assets $350,965
62.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,644,745
95.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,130,477
Total Liabilities $0
Net Assets $9,130,477
Compensation
Key Employees and Officers Compensation Other
Charles B Wang (President/Director) $0 $0
Nancy Li (Director) $0 $0
Kimberly W Dey (Director) $0 $0
Arthur Mccarthy (Cfo) $0 $0
+ View more people

Document Links

990-PF
Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,326,349
Expenses
$856,425
Net Income
$6,469,924
Net Assets
$10,283,381
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $7,100,000
96.9%
Interest Revenue $0
Dividends $91,836
1.3%
Sales of Assets $134,513
1.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $773,599
90.3%
Compensation of Officers* $90,000
10.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,283,381
Total Liabilities $0
Net Assets $10,283,381
Compensation
Key Employees and Officers Compensation Other
Robert T Bell Resigned 63016 (Former President/Director) $90,000 $0
Charles B Wang (President/Director) $0 $0
Nancy Li (Director) $0 $0
Judith Cedeno Resigned 121516 (Secretary/Treasurer) $0 $0
Kimberly W Dey (Director) $0 $0
Arthur Mccarthy (Cfo) $0 $0
+ View more people

Document Links

990-PF
Filed on Sept. 14, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$403,643
Expenses
$1,453,113
Net Income
-$1,049,470
Net Assets
$3,813,457
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $109,638
27.2%
Sales of Assets $294,005
72.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,310,932
90.2%
Compensation of Officers* $180,000
12.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,813,457
Total Liabilities $0
Net Assets $3,813,457
Compensation
Key Employees and Officers Compensation Other
Robert T Bell (President/Director) $180,000 $0

Document Links

990-PF
Filed on May 26, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$448,065
Expenses
$1,450,670
Net Income
-$1,002,605
Net Assets
$4,862,927
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $123
0.0%
Dividends $162,519
36.3%
Sales of Assets $285,080
63.6%
Other Income $343
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,287,074
88.7%
Compensation of Officers* $180,000
12.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,862,927
Total Liabilities $0
Net Assets $4,862,927
Compensation
Key Employees and Officers Compensation Other
Robert T Bell (President/Director) $180,000 $0

Document Links

990-PF
Filed on May 12, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$455,928
Expenses
$1,675,470
Net Income
-$1,219,542
Net Assets
$5,861,130
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $143,655
31.5%
Sales of Assets $312,273
68.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,464,630
87.4%
Compensation of Officers* $180,000
10.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,861,130
Total Liabilities $0
Net Assets $5,861,130
Compensation
Key Employees and Officers Compensation Other
Robert T Bell (President/Director) $180,000 $0

Document Links

990-PF
Filed on May 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$354,222
Expenses
$33,507
Net Income
$320,715
Net Assets
$7,080,672
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $16,448
4.6%
Sales of Assets $337,774
95.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $19,562
58.4%
Compensation of Officers* $15,000
44.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,080,672
Total Liabilities $0
Net Assets $7,080,672

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$39,839
Expenses
$236,457
Net Income
-$196,618
Net Assets
$6,814,994
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,004
57.7%
Sales of Assets $16,835
42.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $179,961
76.1%
Compensation of Officers* $60,000
25.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,814,994
Total Liabilities $0
Net Assets $6,814,994

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14
Expenses
$1,105
Net Income
-$1,091
Net Assets
-$1,757,728
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14
100%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,045
94.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $42,272
Total Liabilities $1,800,000
Net Assets -$1,757,728

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Nov.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Nov.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

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