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Hsing Family Foundation

  • Saratoga, CA
  • Tax-exempt since March 2011
  • EIN: 27-3710264

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
$820k (2024)

Expenses
$490k (2024)

Total Assets
$1.1M (2024)

Total Liabilities
$0 (2024)

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
$819,748
Expenses
$489,589
Net Income
$330,159
Net Assets
$1,101,538
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24,189
3.0%
Dividends $92,500
11.3%
Sales of Assets $703,059
85.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $489,589
100%
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 $1,101,538
Total Liabilities $0
Net Assets $1,101,538
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (Cfo) $0 $0
Sharon Z Hsing (President & Ceo) $0 $0

Document Links

990-PF
Filed on June 23, 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
$536,190
Expenses
$432,705
Net Income
$103,485
Net Assets
$771,379
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15,954
3.0%
Dividends $75,750
14.1%
Sales of Assets $444,486
82.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $432,705
100%
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 $771,379
Total Liabilities $0
Net Assets $771,379
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on May 2, 2024

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$231,786
Expenses
$485,228
Net Income
-$253,442
Net Assets
$667,894
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,024
0.4%
Dividends $61,275
26.4%
Sales of Assets $169,487
73.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $477,842
98.5%
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 $667,894
Total Liabilities $0
Net Assets $667,894
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Sept. 11, 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
$49,562
Expenses
$290,906
Net Income
-$241,344
Net Assets
$921,336
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $112
0.2%
Dividends $49,450
99.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $276,970
95.2%
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 $921,336
Total Liabilities $0
Net Assets $921,336
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 1, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$516,566
Expenses
$40,785
Net Income
$475,781
Net Assets
$1,162,679
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $229
0.0%
Dividends $43,150
8.4%
Sales of Assets $473,187
91.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,420
79.5%
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 $1,162,680
Total Liabilities $1
Net Assets $1,162,679
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on July 29, 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
$324,266
Expenses
$285,500
Net Income
$38,766
Net Assets
$730,558
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,575
0.8%
Dividends $35,850
11.1%
Sales of Assets $285,841
88.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $254,600
89.2%
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 $730,559
Total Liabilities $1
Net Assets $730,558
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Nov. 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
$175,104
Expenses
$72,782
Net Income
$102,322
Net Assets
$735,452
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $885
0.5%
Dividends $28,850
16.5%
Sales of Assets $145,369
83.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,300
91.1%
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 $735,452
Total Liabilities $0
Net Assets $735,452
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on July 31, 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
$21,293
Expenses
$48,972
Net Income
-$27,679
Net Assets
$654,960
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $21,293
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $38,000
77.6%
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 $654,960
Total Liabilities $0
Net Assets $654,960
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Aug. 22, 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
$189,217
Expenses
$128,111
Net Income
$61,106
Net Assets
$682,639
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $22,120
11.7%
Sales of Assets $167,097
88.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $123,500
96.4%
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 $682,639
Total Liabilities $0
Net Assets $682,639
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Aug. 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
$31,756
Expenses
$53,560
Net Income
-$21,804
Net Assets
$676,108
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $31,756
100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $47,200
88.1%
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 $676,108
Total Liabilities $0
Net Assets $676,108
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on May 16, 2016

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$36,609
Expenses
$41,070
Net Income
-$4,461
Net Assets
$697,912
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $27,900
76.2%
Interest Revenue $0
Dividends $8,709
23.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $27,900
67.9%
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 $697,912
Total Liabilities $0
Net Assets $697,912
Compensation
Key Employees and Officers Compensation Other
Michael R Hsing (President & Ceo) $0 $0
Sharon Z Hsing (Cfo) $0 $0

Document Links

990-PF
Filed on Aug. 11, 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
$98,064
Expenses
$10,430
Net Income
$87,634
Net Assets
$730,704
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13
0.0%
Dividends $7
0.0%
Sales of Assets $98,044
100.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
95.9%
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 $730,704
Total Liabilities $0
Net Assets $730,704

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$720,390
Expenses
$0
Net Income
$720,390
Net Assets
$730,390
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $720,390
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $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 $730,390
Total Liabilities $0
Net Assets $730,390

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,892
Expenses
$4,892
Net Income
$10,000
Net Assets
$10,000
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14,892
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,892
100%
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 $10,000
Total Liabilities $0
Net Assets $10,000

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
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

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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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.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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