From Business Insider · Alice Tecotzky · · 1m 50s
Nvidia's $9B foundation faces uncertain future
The Jen-Hsun and Lori Huang Foundation has grown from $13,000 to $9.13 billion, but Jensen Huang's resignation and scandal leave questions about its leadership.
In brief
The Jen-Hsun and Lori Huang Foundation has grown from $13,000 to $9.13 billion, but Jensen Huang's resignation and scandal leave questions about its leadership. The Huang family foundation has grown to $9.13 billion since 2007, but Jensen Huang's extramarital affair and resignation from Nvidia leave the future of Lori…
A foundation born from Nvidia's rise
Jensen and Lori Huang established the Jen-Hsun and Lori Huang Foundation in 2007 with $13,000 in net assets and zero donations. Lori Huang became president; Jensen Huang served as CFO and secretary, both unpaid.
Assets exploded alongside Nvidia
Between 2023 and 2024, the foundation's net assets nearly tripled from around $3.34 billion to $9.13 billion, growing with Nvidia's power and profits.
Oregon State holds special meaning
The foundation's first donation in 2008 was $40,000 to Stanford University. It has since focused on Oregon State University, where the Huangs met as lab partners in an electrical engineering class.
In 2024, Oregon State received $30.5M
The foundation committed around $30.5 million to Oregon State University across three donations in 2024, according to a filing. The foundation supports higher education, public health, and STEM initiatives.
Donor-advised funds dominate giving
In 2024, the foundation donated $126.3 million, with around 65% going to a donor-advised fund. Around $82.5 million went to Schwab Charitable Fund, now rebranded as DAFgiving360.
Mental health and hunger are priorities
The foundation donated nearly $11 million to Crisis Text Line for mental health support and around $1.68 million to Mental Health Innovations. It also gave more than $516,000 to Second Harvest of Silicon Valley.
Lori Huang's future role remains unclear
Tax filings for 2025 are not yet available. Lori Huang has not commented publicly on the future of her role as president following Jensen Huang's reported infidelity and resignation from Nvidia.
What to remember
The Huang family foundation has grown to $9.13 billion since 2007, but Jensen Huang's extramarital affair and resignation from Nvidia leave the future of Lori Huang's presidency unclear.
