2025 Annual Summary Report
National Tsing Hua University North America Foundation
Prepared by the Treasury Committee
Overview
In 2025, the National Tsing Hua University North America Foundation (NTHU NA Foundation) continued to advance its mission of supporting NTHU’s excellence in education, research, and global impact. Since its establishment in 2018, the Foundation has disbursed more than USD 12 million to NTHU, strengthening academic programs, student opportunities and campus development.
The Treasury Committee oversees the full lifecycle of donor contributions – receiving and processing donations, ensuring IRS compliance, reviewing NTHU grant applications, and disbursing funds upon approval. This year’s report highlights the Foundation’s financial performance, operational improvements, and key initiatives that reinforce transparency, efficiency, and long-term sustainability.
Contact information:
Mailing Address: 1207 Delaware Ave #3412, Wilmington, DE 19806.
General Inquires: contact@nthu-na-foundation.org
Treasure Committee: treasury@nthu-na-foundation.org
Key Achievements in 2025
The Treasury Committee focused on strengthening operational continuity and donor services through several improvements:
-
Adopted a virtual mailbox at 1207 Delaware Ave #3412, Wilmington, DE 19806 enabling secure, timely access of communication material by authorized committee members.
-
Consolidated depository institutions and banking partners of the Foundation from seven to three – Chase, Vanguard, and PapPal – to streamline operations.
-
Completed a transition to QuickBooks Online, facilitating more automated data import and more efficient CPA review.
-
Finalized withdrawal from New Jersey registration, making Delaware the Foundation’s sole registration state beginning in 2026 and simplifying compliance requirements.
-
Established the Foundation’s first Endowment Fund, supporting long-term sustainability and future operational independence.
Financial Highlights
Donations
-
Total donations exceeded USD 2 million.
-
The Foundation received 77 donations from 55 donors, a slight decline from 2024.
-
Matching fund partners included Shell, Chevron, Google, Broadcom, Microsoft, AT&T, Pfizer, and Boeing.
-
Supported donation methods: ACH, wire Zelle, PayPal, stock transfers, and checks.
-
Wire transfers from investment firms remain the most efficient method for QCD (Qualified Charitable Distribution) donations, and donors are encouraged to use this option when possible.
Table 1 summarizes the top five donation designations over the past five years. Donors are encouraged to review all available designation options on the Foundation’s website, as the online donation form displays only a limited number of choices.
Disbursements
Beginning in 2025, the Foundation implemented a quarterly disbursement schedule following compliance review of NTHU’s grant applications. Four disbursements were made during the year.
Financial Operations
Our three financial institutions are Chase, Vanguard, and PayPal. The relevant account information will appear on the screen once the donation form is submitted and will also be included in the confirmation email.
-
Chase Bank
-
Handles check deposits and Zelle transfers.
-
Donors may deposit checks directly at Chase branches and are encouraged to include their names on the checks for accurate recordkeeping.
-
Vanguard
-
Primary platform for stock donations and QCD wire transfers.
-
Endowment funds are invested conservatively and achieved more than 6% growth in the first year. The long‑term goal: cover operational costs through investment income rather than donation processing fees.
-
Foundation policy: all donated stocks are sold immediately upon receipt.
-
No bank or wire fees.
-
PayPal
-
Provides convenience for donors and is used by some corporate matching programs.
Independent CPA and Compliance
-
The Foundation will continue to work with same independent CPA through 2027. Responsibilities include:
-
Annual IRS filings
-
The 2025 independent audit, required due to prior New Jersey registration.
-
Although Delaware does not require annual audits, the Foundation will complete the 2025 audit as part of its transition obligations and comply with New Jersey requirement.
Collaboration with NTHU
-
The Foundation maintained close communications with NTHU’s Division of University Development (DUD). Main focuses are:
-
Ensuring donations meets IRS requirements for both organizations.
-
Issuing acknowledgment letters for non‑anonymous donors.
-
Tracking donors’ cumulative giving (including matching funds) and informing NTHU when a donor qualifies for nomination to NTHU Club One Hundred, upon reaching USD 33,300 in total contributions and with the donor’s consent.
Matching Funds
-
Alumni are encouraged to explore employer matching programs; the Foundation assists with adding the Foundation to corporate giving platforms.
-
For record tracking purpose, donors are encouraged to indicate matching fund company on the donation form.
Growth in QCD Donations
-
An increasing number of alumni aged 70½+ are using IRA/QCD donations.
-
Many investment firms can wire QCD funds directly to Vanguard. reducing reliance on mailed checks. Donors are encouraged to use this efficient option whenever possible.
Appreciation
The Foundation extends its sincere appreciation to all alumni and friends for their generosity, trust and continued commitment to NTHU. Your support strengthens the University’s mission and expands opportunities for both students and faculty.
The Foundation also welcomes new volunteers and value your feedback as we work to enhance our services for fellow alumni and for NTHU.
Thank you for being part of our 2025 success. We look forward to your continued partnership as we build an even stronger Foundation for years to come.