Ascendo Foundation

Private foundation · Grantmaker Los Altos, CA EIN: 87-3162235

Ascendo Foundation is a private foundation, based in Los Altos, CA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 6 grants totaling $13K. Net investment income was $15.

Ascendo Foundation at a glance

In short: Ascendo Foundation gave $13K across 6 grants in 2025 (avg $2K), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$12,700
+262.9% vs 2024
Grants made (2025)
6
+200.0% vs 2024
Average grant
$2,117
+21.0% vs 2024
Median grant
$2,250
Total assets
$19,597
-14.8% vs 2024
Primary geography
California (61% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Ascendo Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Community Builder Toolbox CBT: $4KCommunity Builder Toolbox CBT$4KBridge the Gap International Inc: $3KBridge the Gap InternationalInc$3KGolden State Youth Orchestra GSYO: $3KGolden State Youth OrchestraGSYO$3KStephen Tong Evangelistic Ministrie: $2KStephen Tong EvangelisticMinistrie$2KLuke Christian Medical Mission: $1KLuke Christian Medical Mission$1KBuena High School Music program: $200Buena High School Musicprogram$200

The largest 2025 recipient was Community Builder Toolbox CBT ($4K). Together the top 6 received $13K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Palo AltoSunnyvaleFremontRichmond HeightsSan DiegoTulsaVentura

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants2022 2 grants2023 2 grants2024 6 grants2025

From 2023 to 2025, annual grant giving ranged from $4K (2024) to $13K (2025). In 2025 it made 6 grants totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Builder Toolbox CBT Sunnyvale, CATo help people get started with building communities fast.$4,000
Bridge the Gap International Inc Tulsa, OKTo relieve ministers and missionaries of some of their administrative headaches, thereby freeing them up to focus on the ministry they are passionate about. And, to provide our services with the utmost character and integrity.$3,000
Golden State Youth Orchestra GSYO Palo Alto, CATo nurture, train and develop young musicians from culturally diverse backgrounds and encourage a lasting appreciation of music and to provide high-quality performance opportunities for young people and outstanding musical events for the wider community.$2,500
Stephen Tong Evangelistic Ministrie Richmond Heights, OHTo evangelize the Gospel of Jesus Christ to people worldwide.$2,000
Luke Christian Medical Mission Fremont, CAThrough our medical expertise, we care for society and serve the community. In the places where God sends us, we serve God and His people, and proclaim the saving gospel of Jesus Christ.$1,000
Buena High School Music program Ventura, CATo perform in many high caliber ensembles including Wind Ensemble, Concert Band, Jazz Ensemble, String Orchestra, Indoor Drumline, Winter Guard, Marching Band and Choir.$200
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$19,597$20,015$24,202$12,7006$23,665$15
2024$23,005$22,582$6,923$3,5002$7,483$53
2023$7,346$11,028$13,887$5,5002$12,360$28
2022$10,205$21,003$10,798——$13,089$3

Leadership & Key People

Officers and directors from IRS filings

Ascendo Foundation is led by Hue Truong, CEO on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Hue Truong

    CEO

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jing Li

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "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 Ascendo Foundation

How much does Ascendo Foundation give each year?

Ascendo Foundation gave $13K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 2 grants.

What is Ascendo Foundation's typical grant size?

Ascendo Foundation's median grant in 2025 was $2,250, and its average grant was $2,117, across 6 grants on its 2025 IRS Form 990-PF.

Where does Ascendo Foundation give grants?

Ascendo Foundation gives mostly in California: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Oklahoma (24%) and Ohio (16%).

Does Ascendo Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Ascendo Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Ascendo Foundation's largest grantees?

Ascendo Foundation's largest 2025 grantees include Community Builder Toolbox CBT ($4,000), Bridge the Gap International Inc ($3,000) and Golden State Youth Orchestra GSYO ($2,500), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Ascendo Foundation?

Ascendo Foundation reported $20K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $20K.

What is Ascendo Foundation's EIN?

Ascendo Foundation's EIN (Employer Identification Number) is 87-3162235. IRS Form 990 filing data is available on this page for 2022–2025.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ascendo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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