Skip to main content

Chan Soon-Shiong Family Foundation

Profile

Last Updated: 2015-09-24

At A Glance

Chan Soon-Shiong Family Foundation

10182 Culver Blvd.

Culver City, CA United States 90232

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Entertainment

Financial Data

(yr. ended 2013-09-30)

Assets: $132,546,910

Total giving: $4,944,927

EIN

264384360

BRIDGE Number

4882912845

Background

Established in 2008 in CA - Founded by Dr. Patrick Soon-Shiong and Michele Chan. Soon-Shiong founded American Pharmaceutical Partners (APP), which he sold to Fresenius for $5.6 billion. He was also the chairman of Abraxis BioScience, which was sold to Celgene in a 2010 cash-and-stock deal for over $3 billion. Michele Chan is an actress who is known for her roles on the 1980s television shows "Hotel" and "Danger Bay." Patrick Soon-Shiong and Michele Chan have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

The mission of the foundation is to fund research and erase disparities in access to health care and education. .

Fields of Interest

Subjects
  • Diseases and conditions
  • Education
  • Elementary and secondary education
  • Health
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2013-09-30

Assets: $132,546,910 (market value)

Expenditures: $5,104,962

Total giving: $4,944,927

Qualifying distributions: $4,969,532

Giving activities include:

$4,944,927 for 21 grants (high: $2,000,000; low: $1,000)