Jensen Huang is out at Nvidia, but there's still a big question over what comes next for the $9 billion foundation that's led by his wife, Lori.

The couple established the Jen-Hsun and Lori Huang Foundation in 2007, when it listed $13,000 in net assets and made zero donations, according to a tax filing. It named Lori Huang as president and Jensen Huang as CFO and secretary, neither of whom earned a cent from their roles.

Nearly a decade later, the foundation's assets have ballooned to a multibillion-dollar fund, growing alongside Nvidia's power and profits. Now, the foundation's fate is unclear after Jensen Huang's extramarital affair and possible foreign influence scandal.

History may offer a clue. After Bill and Melinda Gates divorced, they initially remained co-chairs of the now-$92 billion Gates Foundation. Melinda Gates resigned in 2024 and received $12.5 billion from Bill Gates for her own philanthropic work.

Like its president, the Jen-Hsun and Lori Huang Foundation keeps a low profile, boasting no website or list of employees. Here's what we know about the foundation, and where it's been putting its money.

Oregon, a university with special meaning

The charity reported its first donation in a 2008 IRS filing: $40,000 to Stanford University for a building fund. Since then, donations have grown exponentially in scale and scope.

Between 2023 and 2024, the most recent available tax returns, its net assets nearly tripled from around $3.34 billion to $9.13 billion.

From the start, the foundation has focused in part on Oregon State University, where the Huangs met as lab partners in an electrical engineering class. In 2024, it committed around $30.5 million to the university across three donations, according to a filing.

A 2022 press release from the school said the foundation supports "higher education, public health, and STEM initiatives across the US, alongside local community organizations in the San Francisco Bay Area."

The foundation uses a fund favored by the wealthy

In 2024, the foundation donated some $126.3 million, with around 65% going to a donor-advised fund, a type of account that lets donors immediately get a tax deduction and advise on where to direct the money.

Donors, like the Huangs' foundation, don't report their gifts to individual organizations on tax returns, but to the donor-advised fund itself — in this case, some $82.5 million to Schwab Charitable Fund, since rebranded as DAFgiving360.

DAFs have become increasingly popular with the wealthy in recent years and, unlike private foundations, don't have payout requirements.

The Huangs have supported mental health causes

The foundation has also donated nearly $11 million to Crisis Text Line, which provides free mental-health support, and around $1.68 million to Mental Health Innovations, a charity that uses digital innovation to support mental health.

The Huangs have also supported other causes: more than $516,000 to the hunger-focused group Second Harvest of Silicon Valley; $100,000 each to Doctors Without Borders and a college for adults with developmental disabilities; and a combined $95,000 to other organizations.

Tax filings for 2025 aren't yet available, and won't shed light on how the foundation manages the current scandal. Lori Huang hasn't commented publicly on the future of her role as president, or anything else related to her husband's reported infidelity and resignation.