Asian Dream Foundation
Asian Dream Foundation is a private foundation, based in Sunnyvale, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it made $1K in qualifying distributions. Net investment income was $137K.
Asian Dream Foundation at a glance
- Total assets
- $1,471,020
- +21.5% vs 2024
- Revenue (2025)
- $137,213
- +295.1% vs 2024
- Qualifying distributions (2025)
- $1,000
- -99.9% vs 2024
- Expenses (2025)
- $1,000
- -99.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Asian Dream Foundation funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 5 grants of 9 (56%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Asian Dream Foundation gives
- Giving grew 1293% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $56K (2020) to $808K (2024). In 2024 it made 3 grants totaling $808K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Love Your Heart Foundation Los Angeles, CA | Charitable Purpose | $797,297 |
| USC Los Angeles, CA | Charitable Purpose | $9,720 |
| San Jose Chinese Catholic Mission Santa Clara, CA | Charitable Purpose | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,471,020 | $137,213 | $1,000 | — | — | $1,000 | $137,213 | — |
| 2024 | $1,210,513 | $34,725 | $813,017 | $808,017 | 3 | $813,017 | $29,725 | $2,050 |
| 2023 | $1,679,153 | $38,630 | $119,581 | $114,531 | 2 | $119,581 | $33,580 | $1,996 |
| 2022 | $1,609,683 | $-525,570 | $91,133 | $83,500 | 2 | $91,133 | $7,823 | $3,339 |
| 2021 | $2,298,387 | $59,245 | $60,025 | $58,000 | 2 | — | $59,245 | — |
| 2020 | $1,878,813 | $16,681 | $56,944 | $56,232 | 2 | — | $15,969 | $73,454 |
Leadership & Key People
Officers and directors from IRS filings
Asian Dream Foundation is led by Stephen Chou, CEO on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Stephen Chou
CEO
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Asian Dream Foundation
How large is Asian Dream Foundation?
Asian Dream Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $137K.
Where does Asian Dream Foundation operate?
Asian Dream Foundation has awarded grants in California.
What is Asian Dream Foundation's EIN?
Asian Dream Foundation's EIN (Employer Identification Number) is 45-3420606. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS December 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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