Susie and Gideon Yu Foundation
Preselected recipients only
Susie and Gideon Yu Foundation is a private foundation in Palo Alto, California. In tax year 2024 it gave $1.4 million in 8 grants; the typical grant was $77,500 and the largest $1.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.4 million
- Number of grants8
- Typical grant$77,500
- Largest grant$1.5 million
- Assets$34.8 million
- New grantees57%
Giving in 2024 was down from $7.0 million the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $7.0 million | 5 | $31.4 million |
| 2024 | $1.4 million | 8 | $34.8 million |
How to apply
Susie and Gideon Yu Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Susie and Gideon Yu Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 5 | $2.0 million |
| District of Columbia | 2 | $120,000 |
| Tennessee | 1 | $50,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Monterey Bay Aquarium Foundation | Renovation of the african penguins habitat | $1.5 million |
| Bel Air Presbyterian Church | General support | $225,000 |
| Oakwood School | Da vinci lab and classroom complex | $200,000 |
| Council of Korean Americans | Vision fund | $100,000 |
| Oakwood School | Fencing program and general support | $55,000 |
| University School of Nashville | Vincent w durnan scholarship | $50,000 |
| Society for Science and the Public | General support | $20,000 |
| Assistance League of Los Angeles | Operation school bell | $10,000 |
Officers and trustees
- Susie Yu
- Gideon Yu
Questions people ask
Does Susie and Gideon Yu Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Susie and Gideon Yu Foundation give?
$1.4 million in tax year 2024, across 8 grants, with a typical grant of $77,500.
Who runs Susie and Gideon Yu Foundation?
Its 2024 filing lists Susie Yu (President/Secretary/Director) and Gideon Yu (Vice President/Treasurer/Director).
What does Susie and Gideon Yu Foundation fund?
Based on its grants, mainly education.