Chang and Woo
Chang and Woo is a private foundation focused on Education, based in Vienna, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $22K in total assets. In 2025, it awarded 4 grants totaling $25K.
Chang and Woo at a glance
In short: Chang and Woo gave $25K across 4 grants in 2025 (avg $6K), top state Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,000
- -16.7% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $6,250
- +4.2% vs 2024
- Median grant
- $5,000
- Total assets
- $21,671
- -58.7% vs 2024
- Primary geography
- Massachusetts (40% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Chang and Woo funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Northeastern University ($10K). Together the top 4 received $25K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Chang and Woo gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $17K (2020) to $30K (2024). In 2025 it made 4 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeastern University Boston, MA | Scholarship for Rachel Choi | $10,000 |
| Wheaton College Wheaton, IL | Scholarship for Sydney Chung | $5,000 |
| University of Southern California Los Angeles, CA | Scholarship for Benjamin Ro | $5,000 |
| Vanderbilt University Nashville, TN | Scholarship for David Choi | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $21,671 | — | $28,756 | $25,000 | 4 | $28,756 | $1,855 |
| 2024 | $52,427 | $55,000 | $32,502 | $30,000 | 5 | $32,502 | $1,264 |
| 2023 | $29,538 | $40,000 | $26,609 | $25,000 | 4 | $26,609 | $1,024 |
| 2022 | $14,538 | — | $25,000 | $25,000 | 4 | $25,000 | $1,434 |
| 2021 | $39,538 | $37,259 | $30,033 | $30,000 | 5 | $30,000 | $1,066 |
| 2020 | $32,312 | — | $17,096 | $17,000 | 4 | — | $2,082 |
Under IRS private-foundation payout rules, Chang and Woo reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Chang and Woo is led by Esther Chang Lee, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Esther Chang Lee
President & Director
On filings since 2020
2 hrs/week
No compensation reported
Rak Hee Woo
Vice President & Director
On filings since 2020
2 hrs/week
No compensation reported
Young Shin Woo
Treasurer & Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Chang and Woo
How much does Chang and Woo give each year?
Chang and Woo gave $25K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 5 grants.
What is Chang and Woo's typical grant size?
Chang and Woo's median grant in 2025 was $5,000, and its average grant was $6,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does Chang and Woo give grants?
Chang and Woo's top state is Massachusetts, with 40% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (20%) and California (20%).
Does Chang and Woo give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Chang and Woo's 2025 IRS Form 990-PF were described as general or operating support.
How large is Chang and Woo?
Chang and Woo reported $22K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Chang and Woo?
Chang and Woo is a private foundation focused on Education, based in Vienna, VA. It holds $22K in total assets as of 2025.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Chang and Woo funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in Chang and Woo's focus areas in our free grants database
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