Overview
The Paramitas Foundation, based in Saratoga, California, is a philanthropic organization with assets totaling $25,546,667. The foundation focuses on supporting initiatives in education, religion, and Buddhism. Despite having a negative revenue of $35,999, it incurred expenses amounting to $2,077,303. The foundation has funded projects in various cities across the United States, including Berkeley, New York, Palo Alto, San Jose, Seattle, and Washington DC, among others. It operates primarily in the states of California, Massachusetts, Missouri, New York, Washington, and the District of Columbia. The foundation is led by Winston Chen as Chairman, Alex Chen as Secretary, and Phyllis Huang as CFO, with Phyllis Huang receiving a compensation of $36,000 for her role.
Focus areas
Geographic focus
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Financials
in 2024, compared to $27,755,120 in 2023
15 grants awarded in 2024
Of total expenses go to programs
Grants
Purpose | Location | |||
---|---|---|---|---|
$1,600,000 | STANFORD UNIVERSITY | CONTRIBUTE AND PROMOTE EDUCATION and support research activities | 326 GALVEZ STREET PALO ALTO, CA US | 2024 |
$1,200,000 | STANFORD UNIVERSITY | PROMOTE EDUCATION | 326 GALVEZ STREET PALO ALTO, CA US | 2023 |
$519,651 | STANFORD UNIVERSITY | EDUCATION | 326 GALVEZ STREET PALO ALTO, CA US | 2022 |
$505,245 | HARVARD UNIVERSITY | PROMOTE EDUCATION | 124 MOUNT AUBURN STREET CAMBRIDGE, MA US | 2022 |
$303,981 | DANA FABER CANCER INSTITUTE | medical research | 10 Brookline Place West Brookline, MA US | 2022 |
$303,242 | STANFORD UNIVERSITY | EDUCATION | 326 GALVEZ STREET PALO ALTO, CA US | 2022 |
$300,000 | DANA FABER CANCER INSTITUTE | medical research | 10 Brookline Place West Brookline, MA US | 2023 |
$150,000 | COLUMBIA UNIVERSITY | Contribute and Promote Higher Education | 116th Street Broadway New York, NY US | 2024 |
$100,000 | COLUMBIA UNIVERSITY | Promote Higher Education | 116th Street Broadway New York, NY US | 2022 |
$100,000 | COLUMBIA UNIVERSITY | Promote Higher Education | 116th Street Broadway New York, NY US | 2023 |
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People
Compensation data from most recent available 990 forms
Title | |||
---|---|---|---|
PH
PHYLLIS HUANG
| CFO | $36000 | 2024 |
PH
PHYLLIS HUANG
| President | $9000 | 2023 |
WC
WINSTON CHEN
| Chairman | $0 | 2022 |
AC
ALEX CHEN
| Secretary | $0 | 2022 |
PH
PHYLLIS HUANG
| CFO | $0 | 2022 |
WC
WINSTON CHEN
| Chairman | $0 | 2023 |
AC
ALEX CHEN
| Secretary | $0 | 2023 |
WC
WINSTON CHEN
| Chairman | $0 | 2024 |
AC
ALEX CHEN
| Secretary | $0 | 2024 |
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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