Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Ge Li & Ning Zhao Family Foundation, based in Wilmington, Delaware, is a philanthropic organization with assets totaling approximately $282.6 million. In the most recent fiscal year, the foundation reported expenses of about $12.6 million and revenue of approximately $15.8 million. The foundation does not specify particular subject areas of focus but has funded projects in various cities across the United States, including Bedminster, Cambridge, Hightstown, La Jolla, Millbrae, New York, Philadelphia, Seattle, and Shatin. The foundation operates in several states, namely California, Massachusetts, New Jersey, New York, Pennsylvania, and Washington. Key personnel include Dr. Ge Li, who serves as Director, Treasurer, President, and Secretary, Michael Le-Cheng Li as Director and Treasurer, and Dr. Ning Zhao as Director, President, and Secretary. Notably, none of the key personnel receive compensation for their roles.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
9 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $4,000,000 | COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK | For the benefit of Columbia College, the Faculty of Arts and Sciences and the Graduate School of Art... | New york, NY, US | 2022 |
| $4,000,000 | MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ | to establish The Ning Zhao & Ge Li Family Initiative for Lung Cancer Research and New Therapies | New york, NY, US | 2022 |
| $4,000,000 | MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ | TO ESTABLISH THE NING ZHAO & GE LI FAMILY INITIATIVE FOR LUNG CANCER RESEARCH AND NEW THERAPIES | New york, NY, US | 2023 |
| $4,000,000 | MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ | General & Unrestricted | New york, NY, US | 2024 |
| $3,000,000 | COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK | FOR THE BENEFIT OF COLUMBIA COLLEGE, THE FACULTY OF ARTS AND SCIENCES AND THE GRADUATE SCHOOL OF ART... | New york, NY, US | 2023 |
| $2,000,000 | TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | Football Facility Fund, Coaches Fund, Basketball Varsity Fund, Field Hockey Varsity Fund, the Field ... | Philadelphia, PA, US | 2023 |
| $2,000,000 | TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | General & Unrestricted | Philadelphia, PA, US | 2024 |
| $1,911,745 | THE CHINESE UNIVERSITY OF HONG KONG | establishment of an Endowed Professorship in Medicine | Shatin, HK | 2024 |
| $1,578,632 | PEKING UNIVERSITY EDUCATION FOUNDATION USA | endowment fund at the Yenching Academy of Peking University | Millbrae, CA, US | 2023 |
| $1,100,000 | PEDDIE SCHOOL | General & Unrestricted | Hightstown, NJ, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
DG
Dr Ge Li
| Dir, Treas, Pres, Sec | $0 | 2024 |
ML
Michael Le-Cheng Li
| Dir, Treas | $0 | 2024 |
DN
DR Ning Zhao
| Dir, Pres, Sec | $0 | 2024 |
Dr Ge Li
Dir, Treas, Pres, Sec
Michael Le-Cheng Li
Dir, Treas
DR Ning Zhao
Dir, Pres, Sec
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025