Bao Family Foundation

Private foundation · Grantmaker Dallas, TX EIN: 87-3613654

Bao Family Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $224K in total assets. In 2025, it awarded 9 grants totaling $10K.

Key facts about Bao Family Foundation

In short: Bao Family Foundation gave $10K across 9 grants in 2025 (avg $1K), top state Texas. Source: 2025 IRS Form 990-PF.

EIN
87-3613654
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$9,793
Grants made (2025)
9
Average grant
$1,088
Median grant
$333
Total assets
$223,527
Primary geography
Texas (29% 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

$224K

+7.2% YoY

Annual Giving

$10K

+174.3% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$1K

+143.8% YoY

Under IRS private-foundation payout rules, Bao Family Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Bao Family Foundation gives

  • Giving fell 52% from 2022 to 2025. Method
  • In 2025 it paid out 589% of its IRS minimum distribution (the 5% rule). 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

3states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

AllenPlanoSan CarlosOnlineAustinClevelandDallasUvalde

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K7 grants2022 8 grants2023 8 grants2024 9 grants2025

From 2022 to 2025, annual grant giving ranged from $4K (2024) to $20K (2022). In 2025 it made 9 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Elderly Villager Pension Fund: $6KElderly Villager Pension Fund$6KRussell Creek Chinese RCCGC Church: $1KRussell Creek Chinese RCCGCChurch$1KEchoEdu: $900EchoEdu$900Gospel Music Communicatio: $333Gospel Music Communicatio$333Zhenjiang Memorial Fund: $200Zhenjiang Memorial Fund$200ACYPA Performing Arts: $100ACYPA Performing Arts$100DAF Fidelity: $100DAF Fidelity$100Allen Youth Sports Association: $35Allen Youth Sports Association$35

The largest 2025 recipient was Elderly Villager Pension Fund ($6K). Together the top 8 received $9K.

Organizations only. It also paid 1 grant to individuals ($683), which are not listed by name.

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 32 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Elderly Villager Pension Fund Support retirement of poor and edly farmers$6,122
Russell Creek Chinese RCCGC Church Plano, TXWeekly church support$1,320
EchoEdu Allen, TXSupport early education$900
1 grant to individuals Recipients not named —$683
Gospel Music Communicatio Plano, TXevent music night$333
Zhenjiang Memorial Fund Allen, TXHelp surviving family of Zhenjiang Li$200
ACYPA Performing Arts San Carlos, CASupporting Asia performing arts$100
DAF Fidelity Allen, TXDonor advised fund in Fidelity$100
Allen Youth Sports Association Allen, TXSupporting chess game$35

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2022 2023 2024 2025
Metric202520242023
Total Assets$223,527$208,440$144,380
Revenue$31,188$40,300$31,704
Expenses$13,195$12,998$20,786
Qualifying Distributions$13,195$12,998$20,786
Net Investment Income——$12
Distributable Amount$2,242$4,303$7,031

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 4, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Bao Family Foundation is led by Tianming Bao, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Tianming Bao

    President

    On filings since 2022

    10 hrs/week

    No compensation reported

  • Xiaohang Lyu

    Manager

    On filings since 2024

    10 hrs/week

    No compensation reported

Former officers (1)
  • Former: Maxwell Bao (2022) — Manager

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 Bao Family Foundation

How much does Bao Family Foundation give each year?

Bao Family Foundation gave $10K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 8 grants.

What is Bao Family Foundation's typical grant size?

Bao Family Foundation's median grant in 2025 was $333, and its average grant was $1,088, across 9 grants on its 2025 IRS Form 990-PF.

Where does Bao Family Foundation give grants?

Bao Family Foundation's top state is Texas, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The most frequent recipient cities were Allen, TX (4 grants) and Plano, TX (2 grants).

Does Bao Family Foundation give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Bao Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Bao Family Foundation's largest grantees?

Bao Family Foundation's largest 2025 grantees include Elderly Villager Pension Fund ($6,122), Russell Creek Chinese RCCGC Church ($1,320) and EchoEdu ($900), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($683), which are not listed by name. Together they received 85% of its itemized 2025 grant dollars.

How large is Bao Family Foundation?

Bao Family Foundation reported $224K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Bao Family Foundation's EIN?

Bao Family Foundation's EIN (Employer Identification Number) is 87-3613654. 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.

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