M and L Hong Foundation
Preselected recipients only
M and L Hong Foundation is a private foundation in Pennington, New Jersey. In tax year 2025 it gave $2.0 million in 6 grants; the typical grant was $325,000 and the largest $500,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$2.0 million
- Number of grants6
- Typical grant$325,000
- Largest grant$500,000
- Assets$71.2 million
- New grantees67%
Giving in 2025 was up from $750,000 the year before.
67% of its 2025 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 | $0 | 0 | $56.9 million |
| 2024 | $750,000 | 2 | $61.7 million |
| 2025 | $2.0 million | 6 | $71.2 million |
How to apply
M and L Hong 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 M and L Hong Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 5 | $1.6 million |
| Maryland | 1 | $400,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Empower Ministry Group | Unrestricted general | $500,000 |
| Southeastern California Conference | General operating | $500,000 |
| N American Div of 7th Day Adventists | Unrestricted general | $400,000 |
| Loma Linda Korean Church | General operating | $250,000 |
| Pacific Union Conference | Unrestricted general | $250,000 |
| Adventist Health International | Unrestricted general | $100,000 |
Officers and trustees
- Bank of America N A
Questions people ask
Does M and L Hong Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does M and L Hong Foundation give?
$2.0 million in tax year 2025, across 6 grants, with a typical grant of $325,000.
Who runs M and L Hong Foundation?
Its 2025 filing lists Bank of America N A (Trustee).
What does M and L Hong Foundation fund?
Based on its grants, mainly faith communities.