Chang and Woo is a private foundation focused on Education, based in VIENNA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 5 grants totaling $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52K
+77.5% YoY
Annual Giving
$30K
+20.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$6K
-4.0% YoY
Under IRS private-foundation payout rules, Chang and Woo reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Chang and Woo
Based on IRS filings
Chang and Woo is a private foundation focused on Education, based in VIENNA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 5 grants totaling $30K.
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 | $52,427 | $29,538 | $14,538 |
| Revenue | $55,000 | $40,000 | — |
| Expenses | $32,502 | $26,609 | $25,000 |
| Qualifying Distributions | $32,502 | $26,609 | $25,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,264 | $1,024 | $1,434 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northeastern University ($10,000), Wheaton College ($5,000), School of Visual Arts Nyc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WHEATON COLLEGE WHEATON, IL | SCHOLARSHIP FOR SYDNEY CHUNG | $5,000 |
| SCHOOL OF VISUAL ARTS NYC NEW YORK, NY | SCHOLARSHIP FOR SERENA LEE | $5,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | SCHOLARSHIP FOR BENJAMIN RO | $5,000 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | SCHOLARSHIP FOR RACHEL CHOI | $10,000 |
| WILLIAM AND MARY UNIVERSITY WILLIAMSBURG, VA | SCHOLARSHIP FOR DAVID CHOI | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ESTHER CHANG LEE | PRESIDENT/DI | 2 | — |
| YOUNG SHIN WOO | TREASURER/SE | 2 | — |
| RAK HEE WOO | VP/DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chang and Woo?
Chang and Woo is a private foundation focused on Education, based in VIENNA, VA. It holds $52K in total assets as of 2024.
How large is Chang and Woo?
As of 2024, Chang and Woo holds $52K in total assets with $55K in annual revenue. It awarded 5 grants totaling $30K in 2024.
Where does Chang and Woo operate?
Chang and Woo has awarded grants in California, Illinois, Massachusetts, New York, Virginia.
What size grants does Chang and Woo award?
In 2024, Chang and Woo awarded 5 grants totaling $30K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Chang and Woo required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chang and Woo reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chang and Woo's EIN?
Chang and Woo's EIN (Employer Identification Number) is 26-0296752. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.