Ascending Way Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $355K in total assets. In 2024, it awarded 19 grants totaling $51K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$355K
-12.1% YoY
Annual Giving
$51K
+342.4% YoY
Grant Count
19
+137.5% YoY
Avg Grant Size
$3K
+86.3% YoY
Under IRS private-foundation payout rules, Ascending Way Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Ascending Way Inc
Based on IRS filings
Ascending Way Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $355K in total assets. In 2024, it awarded 19 grants totaling $51K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $354,710 | $403,423 | $403,520 |
| Revenue | $6,342 | $13,242 | $9,739 |
| Expenses | $53,413 | $14,589 | $14,393 |
| Qualifying Distributions | $53,116 | $14,335 | $13,867 |
| Net Investment Income | $10,893 | $10,718 | $9,719 |
| Distributable Amount | $36,012 | $26,148 | $22,908 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include World Vision ($6,795), Abundant Life Christian Fellowship ($5,500), Heart of Hope Asian American Hospice ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Abundant Life Christian Fellowship Mountain View, CA | Charitable | $5,500 |
| Christian Mission to Gaza Darien, CT | Charitable | $1,500 |
| Church of the Beloved Renton, WA | Charitable | $25 |
| Compassion International Colorado Springs, CO | Charitable | $1,632 |
| Cru Orlando, FL | Charitable | $500 |
| Downtown Streets Team San Jose, CA | Charitable | $1,500 |
| Eight Days of Hope Tupelo, MS | Charitable | $2,000 |
| Habitat for Humanity International Americus, GA | Charitable | $3,000 |
| Heart of Hope Asian American Hospice San Jose, CA | Charitable | $5,000 |
| Huayang Ambassador Leadership Incubator Ltd Pleasanton, CA | Charitable | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHIN-PENG DOW | CEO | 2 | — |
| ANNY DOW | Director | 2 | — |
| ANCY DOW | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ascending Way Inc?
Ascending Way Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. It holds $355K in total assets as of 2024.
How large is Ascending Way Inc?
As of 2024, Ascending Way Inc holds $355K in total assets with $6K in annual revenue. It awarded 19 grants totaling $51K in 2024.
Where does Ascending Way Inc operate?
Ascending Way Inc has awarded grants in California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Maryland, Michigan, Minnesota, Mississippi, North Carolina, Nebraska, New York, Texas, Virginia, Washington.
What size grants does Ascending Way Inc award?
In 2024, Ascending Way Inc awarded 19 grants totaling $51K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Ascending Way Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ascending Way Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ascending Way Inc's EIN?
Ascending Way Inc's EIN (Employer Identification Number) is 81-3901518. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ascending Way Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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