The Marcus and Desiree Chung Family Foundation
EIN 934831437About
The Foundation was established in December of 2023; due to logistical considerations the foundation's bank account was not set up until December 28 2023 limiting the timeframe for charitable distributions. On December 30 2023 The Foundation made an initial donation of $500 signaling its dedication to advancing philanthropic causes. Of the total charitable distributions made during the tax year the entirety $500 was provided in the form of cash comprising 100% of the foundation's charitable distributions for the year. While the late setup of the bank account restricted the foundation's ability to engage in additional charitable activities in TY2023 the Foundation remains committed to expanding its philanthropic efforts in the future. This newly-created foundation will meet its minimum distribution requirements by the end of its second year of existence December 31 2024.
Focus Areas
Application Information
Grant Size Distribution
Based on 1 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (1 total)
| Purpose | ||||
|---|---|---|---|---|
| St Jude Childrens Research Hospital | Memphis, TN | $500 | Treatment of childhood cancers and pediatric diseases. | 2023 |