Bin Fang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 11 grants totaling $68K. Net investment income was $150K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+3.9% YoY
Annual Giving
$68K
+359.4% YoY
Grant Count
11
+83.3% YoY
Avg Grant Size
$6K
+150.6% YoY
About Bin Fang Foundation
Based on IRS filings
Bin Fang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 11 grants totaling $68K. Net investment income was $150K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,214,136 | $2,132,037 | $2,156,261 |
| Revenue | $152,295 | $30,083 | $1,014,737 |
| Expenses | $70,195 | $54,308 | $213,465 |
| Qualifying Distributions | $67,988 | $49,957 | $159,607 |
| Net Investment Income | $149,520 | $24,161 | $10,449 |
| Distributable Amount | — | — | — |
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
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Everest Pace Center Inc ($25,000), Csts ($10,000), Aaifpa ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAPA TE SOUTHEASTERN, PA | COVID EDUCATION | $2,000 |
| SAGP SCHWENKSVILLE, PA | FIGHTING COVID TOGETHER EVENT | $5,000 |
| FHL CHURCH NEWTOWN SQUARE, PA | DONATION | $2,000 |
| HXGV CHINESE CULTURAL CENTER EXTON, PA | DONATION | $3,000 |
| CSTS MEDIA, PA | SUPPORT STROKE EDUCATIONAL EFFORTS | $10,000 |
| EVEREST PACE CENTER INC CHESTER, PA | SUPPORT MISSION | $25,000 |
| CHINESE YOUTH AND WOMEN SHERWOOD, OR | SUPPORT YOUTH LEADERSHIP | $5,000 |
| FOCUS MEDIA LLC PHILADELPHIA, PA | SUPPORT COMMUNITY INTITIATIVES | $1,000 |
| AAIFPA SEATTLE, WA | EMPOWERING ASIAN AMERICANS | $8,000 |
| CHINA INSTITUTE IN AMERICA NEW YORK, NY | EVENT SPONSOR | $5,888 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| XIAOBIN LI | President | 5 | — |
| GUOFANG WANG | CHAIR | 5 | — |
| ZHONG LI | Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bin Fang Foundation?
Bin Fang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER, PA. It holds $2.2M in total assets as of 2024.
How large is Bin Fang Foundation?
As of 2024, Bin Fang Foundation holds $2.2M in total assets with $152K in annual revenue. It awarded 11 grants totaling $68K in 2024.
Where does Bin Fang Foundation operate?
Bin Fang Foundation has awarded grants in California, New York, Oregon, Pennsylvania, Washington.
What size grants does Bin Fang Foundation award?
In 2024, Bin Fang Foundation awarded 11 grants totaling $68K — an average of about $6K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Bin Fang Foundation'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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