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USTC INITIATIVE FUND

EIN 27-4542683 PASADENA, CA

Revenue 2024
$938,716
Expenses 2024
$108,771

Program services were 88.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B90
Classification
2100
Street
259 N HOLLISTON AVE APT 8

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Hua Jiang

    President

    Total calculated
    $0
    Hours/week
    2

  • Lei Zhang

    Chief Financial Officer

    Total calculated
    $0
    Hours/week
    3

  • Haoying Sun

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Long Yu

    Director

    Total calculated
    $0
    Hours/week
    2

  • Ou Chen

    Director

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $938,716
    Expenses
    $108,771
    Contributions
    $791,747
    Grants paid
    $74,784
  • 2023
    Revenue
    $1,713,553
    Expenses
    $1,216,739
    Contributions
    $1,631,539
    Grants paid
    $1,213,933
  • 2023
    Revenue
    $1,715,071
    Expenses
    $1,216,505
    Contributions
    $1,628,391
    Grants paid
    $1,213,933
  • 2022
    Revenue
    $1,246,086
    Expenses
    $882,106
    Contributions
    $1,244,928
    Grants paid
    $876,270

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $510,824
    Expenses
    $53,037
    Assets (EOY)
    $3,207,432

  • 2020 · 990

    Revenue
    $481,489
    Expenses
    $60,119
    Assets (EOY)
    $2,744,654

  • 2019 · 990

    Revenue
    $464,226
    Expenses
    $67,760
    Assets (EOY)
    $2,320,912

  • 2018 · 990

    Revenue
    $842,899
    Expenses
    $28,439
    Assets (EOY)
    $1,923,086

  • 2015 · 990

    Revenue
    $562,012
    Expenses
    $40,331
    Assets (EOY)
    $524,023

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2014

Tax period
1 July 2014 to 30 June 2015
Principal officer
Hua Jiang
Mailing address
4147 Stanley AveFremont CA 945384162
Website
usa.ustcif.org

As filed, from the IRS e-Postcard file of 19 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

  • Tsinghua Education Foundation N A I

    $1,123,000

    2023

  • Tsinghua Education Foundation N A Inc

    $850,000

    2022 University of Pittsburgh School of Medicine (UPSOM) offers excellent education in biomedical education and critical thinking. This donation is to "Pittsburgh-Tsinghua 8-Year MD Training Scholarship" of Tsinghua Educational Foundation North America (TEFNA). The goal is to educate physicians who are science-based, skilled, and compassionate clinicians prepared to meeting the challenges of practicing medicine in today's health care environment to better human condition.

  • Stanford University

    $80,000

    2023

  • Stanford University

    $30,000

    2024 The program builds collaboration between Stanford and top Asian universities by attracting Asian undergraduate students to Stanford to work with faculty and students on research in the summer. By being part of the UGVR cohort, Asian students learn from and enhance Stanford undergraduate and graduate students' experience with a diverse, international population, broadening the perspective of both groups.

  • UNIVERSITY OF ARIZONA FOUNDATION

    $30,000

    2024 Academic exchange activities at University of Arizona are expected to enhance the cooperation and knowledge sharing between scholars and students. It will cover various aspects such as lectures and conduct seminars, as well as providing opportunities for students and researchers to visit and study at University of Arizona, thereby promoting the exchange and progress of academic ideas and research achievements.

  • Stanford University

    $10,000

    2022 USTC undergraduate visiting research program. Aimed at building understanding between U.S. and Chinese students and between Stanford University and USTC by attracting top USTC undergraduate students to Stanford University to work with falculty and students on research in the summer.

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.