2024-05-02T11:41:36-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 203753379 Zhu Family Foundation Inc % Foundation Source ZHUF 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 HUICAN ZHU PRESIDENT 8008391754 2024-04-24 true HUICAN ZHU 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X 1264468 X 299382 159 159 8885 8885 43315 635629 259097 351741 268141 0 4988 4988 36 9030 9030 14054 4988 9030 405000 405000 419054 4988 414030 -67313 263153 209346 318466 318466 728232 551799 946002 937578 870265 1264468 0 0 X 937578 870265 937578 870265 937578 870265 937578 -67313 870265 870265 Publicly-traded Securities 635629 376532 259097 259097 259097 3658 3658 3658 0 0 X 0 3658 false false false false false false true true true DE true false true false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Huican Zhu Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 2.0 0 0 0 867289 164437 0 1031726 0 1031726 15476 1016250 50813 50813 3658 3658 47155 47155 47155 414030 0 0 0 0 414030 47155 2021 2020 2019 84080 302585 154351 541016 414030 47155 366875 907891 0 907891 84080 302585 154351 366875 Huican Zhu X CENTER FOR EXCELLENCE IN EDUCATION 7918 JONES BRANCH DR STE 700 MCLEAN VA 22102 N/A PC RSI Summer Camp 10000 MATHEMATICS FOUNDATION OF AMERICA 129 HANCOCK ST CAMBRIDGE MA 02139 N/A PC Mathcamp 10000 PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO BOX 419209 BOSTON MA 02241 N/A PC Zhu Family Scholarship Fund 100000 PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO BOX 419209 BOSTON MA 02241 N/A PC SEAS Grid Support fund 200000 STANFORD UNIVERSITY PO BOX 20466 STANFORD CA 94309 N/A PC REAP program to support Shangqiu project 74000 THE HARKER SCHOOL 4525 UNION AVE SAN JOSE CA 95124 N/A PC Annual Fund 5000 U C SANTA CRUZ FOUNDATION 1156 HIGH ST SANTA CRUZ CA 95064 N/A PC CrEST Fund 6000 405000 14 159 14 8885 18 43315 52359 52359 false false false false false false false false false false X X 1 Zhu Wei Family Trust c/o Huican Zhu 15351 Bestview Ct Saratoga CA 95070 299382 X 1 ALPHABET INC CL A GOOGL, 2200 sh. 299382 2023-10-06 ADVANCED MICRO DEVICES INC 109870 147410 ARK GENOMIC REVOLUTION MULTI S 23058 8203 ARK INNOVATION ETF 98556 39801 ISHARES PHLX SEMICONDUCTOR ETF 156212 288050 VANGUARD 500 INDEX FUND ADM 164103 462538 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $405,000. This amount represents 25% or more of the Foundation's net assets of $1,034,935 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 9005 9005 State or Local Filing Fees 25 25 Investment Management Services 4988 4988 Zhu Wei Family Trust c/o Huican Zhu 15351 Bestview Ct Saratoga CA 95070 990-PF Excise Tax for 2022 36