Bin Fang Foundation
Bin Fang Foundation is a private foundation based in Chester, Pennsylvania. Its 2024 filing reports charitable activity that includes donations to organizations providing charitable medical care and research to stop infectious disease, as well as grants to organizations with missions spanning elder care, education, culture, and community initiatives.
Bin Fang Foundation at a glance
In short: Bin Fang Foundation gave $68K across 11 grants in 2024 (avg $6K), mostly in Pennsylvania. 40% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $67,988
- +359.4% vs 2023
- Grants made (2024)
- 11
- +83.3% vs 2023
- Average grant
- $6,181
- +150.6% vs 2023
- Median grant
- $5,000
- Total assets
- $2,214,136
- +3.9% vs 2023
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2024; small sample)
- Primary geography
- Pennsylvania (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bin Fang Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2600 W 9Th St, Chester, PA 19013
Phone: (484) 319-7845
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bin Fang Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Everest Pace Center Inc ($25K). Together the top 9 received $57K.
Organizations only. It also paid 2 grants to individuals ($10,888), which are not listed by name.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 34 grants of 36 (94%).
Geographic Focus
Where this funder awards grants
In 2024, 71% of grant dollars went to recipients in Pennsylvania, 12% to Washington, 10% to New York, and 7% to Oregon.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Is Bin Fang Foundation open to new grantees?
40%
first-time grantees, 2024
In 2024, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $5K; repeat grants $8K. How we count
Medians: $5K first-time, $4K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2023) to $324K (2021). In 2024 it made 11 grants totaling $68K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Everest Pace Center Inc Chester, PA | Support Mission | $25,000 |
| CSTS Media, PA | Support Stroke Educational Efforts | $10,000 |
| Aaifpa Seattle, WA | Empowering Asian Americans | $8,000 |
| 2 grants to individuals Recipients not named | — | $10,888 |
| Sagp Schwenksville, PA | Fighting Covid Together Event | $5,000 |
| HXGV Chinese Cultural Center Exton, PA | Donation | $3,000 |
| Capa Te Southeastern, PA | Covid Education | $2,000 |
| FHL Church Newtown Square, PA | Donation | $2,000 |
| Sing Tago Daily New York, NY | Community New Year Event | $1,100 |
| Focus Media LLC Philadelphia, PA | Support Community Intitiatives | $1,000 |
Ready to take the next step with Bin Fang Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $2,214,136 | $152,295 | $70,195 | $67,988 | 11 | $67,988 | $149,520 |
| 2023 | $2,132,037 | $30,083 | $54,308 | $14,800 | 6 | $49,957 | $24,161 |
| 2022 | $2,156,261 | $1,014,737 | $213,465 | $159,607 | 9 | $159,607 | $10,449 |
| 2021 | $983,180 | $850,001 | $332,255 | $323,500 | 7 | — | — |
| 2020 | $740,501 | $501,002 | $46,033 | $36,000 | 3 | — | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that its direct charitable activity is donations to organizations providing charitable medical care and research to stop infectious disease. Its 2024 grants also went to organizations with other stated missions. For example, Everest PACE Center Inc. describes its mission as providing comprehensive, all-inclusive care and housing for low-income elderly people in the community. China Institute in America Incorporated says it advances understanding of China through education, culture, business, and art programs, with the aim of strengthening global community through cross-cultural understanding.
Grantmaking
In 2024, the foundation gave 11 grants totaling $67,988. Grant amounts ranged from $1,000 to $25,000, with a median grant of $5,000. Its largest grants included $25,000 to Everest PACE Center Inc. for “support mission,” $10,000 to CSTS for stroke education efforts, and $8,000 to AAIFPA for “empowering Asian Americans.”
Other listed recipients included China Institute in America ($5,888), SAGP ($5,000), Chinese Youth and Women ($5,000), HXGV Chinese Cultural Center ($3,000), CAPA TE ($2,000), FHL Church ($2,000), Sing Tago Daily ($1,100), and Focus Media LLC ($1,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Xiaobin Li as President, Guofang Wang as Chair, and Zhong Li as Secretary.
Bin Fang Foundation is led by Xiaobin Li, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Xiaobin Li
President
On filings since 2020
5 hrs/week
No compensation reported
Guofang Wang
Chair
On filings since 2020
5 hrs/week
No compensation reported
Zhong Li
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Bin Fang Foundation
How much does Bin Fang Foundation give each year?
Bin Fang Foundation gave $68K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 6 grants.
What is Bin Fang Foundation's typical grant size?
Bin Fang Foundation's median grant in 2024 was $5,000, and its average grant was $6,181, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bin Fang Foundation that year got $5K on average.
Where does Bin Fang Foundation give grants?
Bin Fang Foundation gives mostly in Pennsylvania: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Washington (12%) and New York (10%).
Does Bin Fang Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Bin Fang Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Bin Fang Foundation's largest grantees?
Bin Fang Foundation's largest 2024 grantees include Everest Pace Center Inc ($25,000), CSTS ($10,000) and Aaifpa ($8,000), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($10,888), which are not listed by name. Together they received 63% of its itemized 2024 grant dollars.
How large is Bin Fang Foundation?
Bin Fang Foundation reported $2.2M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $152K.
What does Bin Fang Foundation fund?
The foundation states that its direct charitable activity is donations to organizations providing charitable medical care and research to stop infectious disease. Its 2024 grants also went to organizations with other stated missions. See mission & focus areas ↑
How do I apply for a grant from Bin Fang Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bin Fang Foundation's EIN?
Bin Fang Foundation's EIN (Employer Identification Number) is 84-4769300. IRS Form 990 filing data is available on this page for 2020–2024.
Does Bin Fang Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Bin Fang Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/bin-fang-foundation-morg_e8d34524890147fa81713f42c1a8b197
BibTeX
@misc{grantable_844769300_2026,
author = {{Grantable}},
title = {{Bin Fang Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bin-fang-foundation-morg_e8d34524890147fa81713f42c1a8b197},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bin Fang 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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