Ascend Education and Healthcare Charity

Private foundation · Grantmaker Wilmington, DE EIN: 87-2972591

Ascend Education and Healthcare Charity is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $556K in total assets. In 2025, it awarded 2 grants totaling $16K. Net investment income was $52K.

Key facts about Ascend Education and Healthcare Charity

In short: Ascend Education and Healthcare Charity gave $16K across 2 grants in 2025 (avg $8K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
87-2972591
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,500
Grants made (2025)
2
Average grant
$7,750
Median grant
$7,750
Total assets
$555,984
Primary geography
Florida (84% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$556K

+24.5% YoY

Annual Giving

$16K

+675.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$8K

+287.5% YoY

Under IRS private-foundation payout rules, Ascend Education and Healthcare Charity reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.

How Ascend Education and Healthcare Charity gives

  • In 2025 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

FranklinOrlando

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 0 grants2022 1 grant2023 1 grant2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $2K (2023) to $16K (2025). In 2025 it made 2 grants totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Schwab Charitable Fund: $13KSchwab Charitable Fund$13KTrinity Parent Teacher Organization: $3KTrinity Parent TeacherOrganization$3K

The largest 2025 recipient was Schwab Charitable Fund ($13K). Together the top 2 received $16K.

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund Orlando, FLGeneral & Unrestricted$13,000
Trinity Parent Teacher Organization Franklin, TNCharitable Event$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$555,984$446,398$455,884
Revenue$141,677$7,547$185,283
Expenses$32,091$17,033$13,304
Qualifying Distributions$24,232$10,562$9,894
Net Investment Income$51,579$2,226$873
Distributable Amount$31,640$27,232$13,948

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Ascend Education and Healthcare Charity is led by Yifan Zhang, Director, President, Secretary & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Yifan Zhang

    Director, President, Secretary & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ascend Education and Healthcare Charity

How much does Ascend Education and Healthcare Charity give each year?

Ascend Education and Healthcare Charity gave $16K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.

How large is Ascend Education and Healthcare Charity?

Ascend Education and Healthcare Charity reported $556K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Ascend Education and Healthcare Charity operate?

Ascend Education and Healthcare Charity has awarded grants in Florida, Tennessee.

What is Ascend Education and Healthcare Charity's EIN?

Ascend Education and Healthcare Charity's EIN (Employer Identification Number) is 87-2972591. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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