Chang and Woo

VIENNA, VA EIN: 26-0296752

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

5states

Cities

BostonFairfaxIthicaLos AngelesNew YorkNortonWheatonWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$30K$45K$61K20202021202220232024
Metric202420232022
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

$0$8K$15K$23K$30K4 grants20205 grants20214 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

NORTHEASTERN UNIVERSITY$10KWHEATON COLLEGE$5KSCHOOL OF VISUAL ARTS NYC$5KUNIVERSITY OF SOUTHERN C…$5KWILLIAM AND MARY UNIVERS…$5K

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
WHEATON COLLEGE WHEATON, ILSCHOLARSHIP FOR SYDNEY CHUNG$5,000
SCHOOL OF VISUAL ARTS NYC NEW YORK, NYSCHOLARSHIP FOR SERENA LEE$5,000
UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CASCHOLARSHIP FOR BENJAMIN RO$5,000
NORTHEASTERN UNIVERSITY BOSTON, MASCHOLARSHIP FOR RACHEL CHOI$10,000
WILLIAM AND MARY UNIVERSITY WILLIAMSBURG, VASCHOLARSHIP FOR DAVID CHOI$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ESTHER CHANG LEEPRESIDENT/DI2
YOUNG SHIN WOOTREASURER/SE2
RAK HEE WOOVP/DIRECTOR2

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.

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