CGM Charitable Foundation

Private foundation · Grantmaker Irvine, CA EIN: 20-4850062

CGM Charitable Foundation is a private foundation, based in Irvine, CA. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $702K. Net investment income was $2K.

Key facts about CGM Charitable Foundation

In short: CGM Charitable Foundation gave $702K across 1 grant in 2022 (avg $702K), mostly in Tennessee. Source: 2022 IRS Form 990-PF.

EIN
20-4850062
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$702,000
Grants made (2022)
1
Average grant
$702,000
Median grant
$702,000
Primary geography
Tennessee (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$702K

+18133.8% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$702K

+36367.5% YoY

Under IRS private-foundation payout rules, CGM Charitable Foundation reported a distributable amount of $22K for 2022 — the minimum it must pay out in qualifying distributions.

How CGM Charitable Foundation gives

  • Giving grew 2296% from 2019 to 2022. Method
  • In 2022 it paid out well above 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

2states

Share of the 2022 grant dollars on its one itemized grant.

Cities

McMinnvilleLos Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K1 grant2019 2 grants2020 2 grants2021 1 grant2022

From 2019 to 2022, annual grant giving ranged from $4K (2021) to $702K (2022). In 2022 it made 1 grant totaling $702K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Isha Foundation Inc: $702KIsha Foundation Inc$702K

The largest 2022 recipient was Isha Foundation Inc ($702K).

Grant Size Distribution

6 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 6 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Isha Foundation Inc McMinnville, TNGeneral support due to transfer of assets due to voluntary termination.$702,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022
Metric202220212020
Total Assets—$719,402$747,365
Revenue$-2,002$5,687$12,174
Expenses$708,480$10,371$84,004
Qualifying Distributions$705,229$7,050—
Net Investment Income$1,715$2,402$4,639
Distributable Amount$21,596$35,773$38,487

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
  2. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

CGM Charitable Foundation is led by Peichen Lee, President on every filing since 2019; none of the 5 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Peichen Lee

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Casey Sunny Cheng

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Eric Chen

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ken Chen Cheng

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Melody Karen Cheng

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 CGM Charitable Foundation

How much does CGM Charitable Foundation give each year?

CGM Charitable Foundation gave $702K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $4K across 2 grants.

Where does CGM Charitable Foundation operate?

CGM Charitable Foundation has awarded grants in California, Tennessee.

How much is CGM Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, CGM Charitable Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is CGM Charitable Foundation's EIN?

CGM Charitable Foundation's EIN (Employer Identification Number) is 20-4850062. IRS Form 990 filing data is available on this page for 2019–2022.

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

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