The Future Wanxiang Foundation Inc
Accepts applications
The Future Wanxiang Foundation Inc is a private foundation in South Barrington, Illinois. In tax year 2024 it gave $2.1 million in 26 grants; the typical grant was $37,500 and the largest $1.0 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.1 million
- Number of grants26
- Typical grant$37,500
- Largest grant$1.0 million
- Assets$53.0 million
- New grantees54%
Giving in 2024 was up from $1.7 million the year before.
54% 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 | $1.7 million | 31 | $39.3 million |
| 2024 | $2.1 million | 26 | $53.0 million |
How to apply
| Contact | Future Wanxiang Foundation 9 South Meadow CT, South Barrington, IL 60010 |
|---|---|
| Phone or email | (847) 628-8638 |
What The Future Wanxiang Foundation Inc funds
Where it gives
Its grants went to recipients in 8 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 15 | $1.6 million |
| New York | 4 | $205,000 |
| Montana | 1 | $75,000 |
| California | 2 | $60,000 |
| Iowa | 1 | $58,498 |
| Indiana | 1 | $50,000 |
| Oregon | 1 | $25,000 |
| Virginia | 1 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern University | General support | $1.0 million |
| National Committee on Us-China Relations | General support | $100,000 |
| World Business Chicago | General support | $100,000 |
| University of Illinois | General support | $100,000 |
| University of Chicago | General support | $100,000 |
| Hope Chicago | General support | $100,000 |
| Max Baucus Institute | General support | $75,000 |
| China Institute | General support | $65,000 |
| Community Foundation | General support | $58,498 |
| The Chicago Council on Global Affairs | General support | $50,000 |
| Advance American Freedom | General support | $50,000 |
| Intersect Illinois | General support | $50,000 |
| CGCC Foundation | General support | $50,000 |
| City Club of Chicago | General support | $25,000 |
| The Nature Conservancy | General support | $25,000 |
| The New York Philharmonic | General support | $25,000 |
| Aapi Forward Nonprofit Foundation | General support | $25,000 |
| Art Institute of Chicago | General support | $19,450 |
| Breakthrough T1D | General support | $15,000 |
| The American Zhu Kezhen Education Foundation | General support | $10,000 |
| US China General Chamber of Commerce | General support | $8,000 |
| Environmental Law & Policy Center | General support | $5,000 |
| Xilin Association | General support | $2,500 |
| Economic Club of Chicago | General support | $1,900 |
| Elgin Youth Symphany Orchestra | General support | $1,000 |
| The Future Chicago | General support | $1,000 |
Officers and trustees
- Weidi Lu
- Gang Li
- Pin Ni
Questions people ask
Does The Future Wanxiang Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Future Wanxiang Foundation Inc give?
$2.1 million in tax year 2024, across 26 grants, with a typical grant of $37,500.
Who runs The Future Wanxiang Foundation Inc?
Its 2024 filing lists Weidi Lu (President), Gang Li (Treasurer) and Pin Ni (Executive Chair).
What does The Future Wanxiang Foundation Inc fund?
Based on its grants, mainly education, community development and arts and culture.