NET WORTH: $4.6 billion
SOURCE OF WEALTH: Nvidia
FUNDING AREAS: Education and youth, STEM education
OVERVIEW: Jen-Hsun Huang and his wife Lori move their philanthropy through the Jen-Hsun & Lori Huang Foundation, which gave away around $1.2 million in a recent year. The foundation has steadily supported Stanford University.
BACKGROUND: Born in Taiwan, Jen-Hsun Huang immigrated to the United States when he was 10. Huang received a B.S. in engineering from Oregon State University and an M.S. in engineering from Stanford University. Huang cofounded graphics-chip maker Nvidia in 1993, and has served as its CEO and president since the company's inception.
EDUCATION & YOUTH: The Huangs have strongly supported their mutual alma mater, Oregon State University, where they met. In 2008, they gave $5 million to build new laboratory space for cancer research. The forces here are personal, as Huang’s father used a cancer drug invented by the director of OHSU's Knight Cancer Institute. The couple have also directed large sums to Stanford University, home to the Jen-Hsun Huang Engineering Center.
The Huangs are also involved with AI4ALL, “a national nonprofit working to increase diversity and inclusion in artificial intelligence.” Along with Melinda Gates, the couple gave gifts to support new education programs for high schoolers at leading universities. They also gave a $1 million gift to City Year San Jose.
LOOKING FORWARD: In a recent tax year, all of the foundation’s grantmaking streamed to a donor-advised fund at Charles Schwab Charitable Fund, making it tough to get the full scope of the couple’s philanthropy. Still, this is a billionaire couple to watch carefully in the coming years. Huang was once an avid ping pong player, so perhaps some sports philanthropy will arise down the line, too.
Jen-Hsun & Lori Huang Foundation
1801 Page Mill Rd.
Palo Alto, CA 94304