H&h Evergreen Foundation
Only null% goes to programs Strong reserves Growing revenue
H&h Evergreen Foundation is a 501(c)(3) organization based in Menlo Park, California, registered in 2015, with $902,235,686 in FY2024 revenue. CharityIndex grades it C+.
405 El Camino Real Pmb 330, Menlo Park, CA, 94025 EIN 46-5066162 Since 2015
Revenue (FY2024)
$902.2M
▲ 425.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$225.2M
Net assets
$3.2B
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H&h Evergreen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating169 mo reserves · +75% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H&h Evergreen Foundation: 169 mo reserves · +75% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H&h Evergreen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H&h Evergreen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 405 El Camino Real Pmb 330, Menlo Park, CA, 94025
- City
- Menlo Park
- State
- California
- Subcategory
- Private Foundations
- Phone
- …
Financial trends
Revenue grew from $39.4M (FY2020) to $902.2M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.2MNet assets $3.2B
Operating margin
75.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2B
Total liabilities
$2.2M
Net assets
$3.2B
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $902,235,686▲425% | $225,185,597▲22.4% | $3,170,577,932▲27.2% | $3,172,771,055▲27.2% | 990PF |
| 2023 | $171,691,758▲606% | $184,040,488▼1.4% | $2,493,527,843▼0.5% | $2,493,531,546▼0.5% | 990PF |
| 2022 | -$33,930,843▼186% | $186,594,171▲232% | $2,505,876,573▲537% | $2,505,880,213▲537% | 990PF |
| 2020 | $39,435,652 | $56,248,198 | $393,643,050 | $393,647,714 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Xiaoyun Zhu — $48,000 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Xiaoyun Zhu | Director | 20 | $48,000 |
| Yong Duan | Director | 5 | — |
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Frequently asked questions
- Is H&h Evergreen Foundation a legitimate nonprofit?
- Yes. H&h Evergreen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-5066162, based in Menlo Park, California. Donations are tax-deductible.
- What is H&h Evergreen Foundation's EIN?
- H&h Evergreen Foundation's Employer Identification Number (EIN) is 46-5066162.
- How much revenue does H&h Evergreen Foundation report?
- H&h Evergreen Foundation reported $902,235,686 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H&h Evergreen Foundation have?
- CharityIndex grades H&h Evergreen Foundation C+, based on financial health (reserves and operating margin).
- How much does H&h Evergreen Foundation's highest-paid employee make?
- The highest reported compensation on H&h Evergreen Foundation's latest Form 990 is $48,000, paid to Xiaoyun Zhu (Director).
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Data for H&h Evergreen Foundation (EIN 46-5066162) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.