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GONG FAMILY FOUNDATION
NORTH SALEM, NY · EIN 850778984 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$29.4M
expenses
$80K
net assets
$27.7M
employees
—
profile · synthesized from sources

The GONG FAMILY FOUNDATION is a private foundation based in New York that supports charitable, educational, and scientific initiatives through grantmaking. It funds organizations in higher education, public policy, and social impact, with a focus on innovation and leadership development. The foundation makes grants to institutions across the United States, including universities, schools, and nonprofit organizations.

named programs · 3 · from sources

What they call their work

Democracy Innovation Ecosystem
Supports the Keseb Co The Fund for Constitutional Government to build a collaborative ecosystem advancing democratic innovation.
GONG *91 Bioengineering Postdoctoral and Graduate Fellows Fund
Provides funding to Princeton University to support postdoctoral and graduate fellows in bioengineering research and education.
National Alliance for Public Charter Schools Support
Grants to CSP North America to strengthen public charter school networks and advocacy efforts across the U.S.
activities · 9 groups

What they do

  • Charitable Grantmaking to Specific Causes 2 activities
    • Funding charitable activities of Regenerative Economics
      Provides grants to Regenerative Economics to advance its mission of promoting sustainable and equitable economic systems.
    • Funding charitable activities of SeedFuture Collective
      Finances the charitable programs of SeedFuture Collective through targeted grantmaking.
  • Private K–12 School Support 2 activities
    • Funding charitable activities of The Hotchkiss School
      Supports the charitable programs and operations of The Hotchkiss School through grant funding.
    • Funding the National Alliance for Public Charter Schools through the CSP North America Grant
      Supports the National Alliance for Public Charter Schools via the CSP North America Grant to advance public charter school development and policy in North America.
  • Community Foundation & United Way Support 2 activities
    • Funding charitable activities of The Jaguar Foundation
      Provides financial support to The Jaguar Foundation for its charitable programs.
    • Funding charitable activities of the Max S. Baucus Institute
      Supports the public service and policy-related initiatives of the Max S. Baucus Institute via grant funding.
  • Flexible Grants to Grassroots Organizations 1 activity
    • Funding an ecosystem for learning, collaboration, and innovation to advance democracy via Keseb Co / The Fund for Constitutional Government
      Finances initiatives through Keseb Co and The Fund for Constitutional Government to build a collaborative ecosystem that strengthens democratic governance.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding charitable activities of MIT
      Provides financial support for charitable initiatives at the Massachusetts Institute of Technology (MIT).
  • Climate Change Research and Advocacy Funding 1 activity
    • Funding charitable activities of Prime Coalition
      Awards grants to support the charitable work of Prime Coalition, an organization focused on catalyzing investment in climate solutions.
  • General Operating Support Grants 1 activity
    • Funding charitable activities of Twist Foundation
      Supports the charitable objectives of Twist Foundation through dedicated grant awards.
  • Cancer Research Funding 1 activity
    • Funding postdoctoral and graduate fellowships in bioengineering at Princeton University
      Funds the Gong '91 Bioengineering Postdoctoral and Graduate Fellows Fund at Princeton University to support advanced research and training in bioengineering.
  • Uncategorized 1 activity
    • Funding charitable activities of Trellis Foundation to support Tellis Impact
      Provides grant funding to the Trellis Foundation to advance the charitable activities of Tellis Impact.
financials · form 990PF · fy2024
revenue
Total revenue$29.35M
Contributions & grants$28.50M97%
Program service revenue——
Investment income$447K2%
Other revenue$403K
expenses
Total expenses$80K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$5.42M
balance sheet
Total assets$27.75M
Cash—
Investments—
Liabilities—
Net assets$27.75M
5 years on record · 2020–2024 · YoY revenue +44457.2%
relationships · 12

Who they work with

  • CSP NORTH AMERICA GRANT Partner — Funded to support the National Alliance for Public Charter Schools
  • JAGUAR FOUNDATION Partner — Funded to support its charitable activities
  • KESEB CO THE FUND FOR CONSTITUTIONAL GOVERNMENT Partner — Funded to support an ecosystem for learning, collaboration, and innovation to advance democracy
  • MAX S BAUCUS INSTITUTE Partner — Funded to support its charitable activities
  • MIT Partner — Funded to support its charitable activities
  • PRIME COALATION Partner — Funded to support its charitable activities
  • PRINCETON UNIVERSITY Partner — Funded to support the Gong '91 Bioengineering Postdoctoral and Graduate Fellows Fund
  • REGENERATIVE ECONOMICS Partner — Funded to support its charitable activities
  • SEEDFUTURE COLLECTIVE Partner — Funded to support its charitable activities
  • THE HOTCHKISS SCHOOL Partner — Funded to support its charitable activities
  • TRELLIS FOUNDATION Partner — Funded to support Tellis Impact
  • TWIST FOUNDATION Partner — Funded to support its charitable activities