Chang Foundation
Chang Foundation is a private foundation, based in WILMETTE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $548K in total assets. In 2024, it awarded 6 grants totaling $43K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$548K
-5.3% YoY
Annual Giving
$43K
+111.9% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$7K
-64.7% YoY
Under IRS private-foundation payout rules, Chang Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Chang Foundation
Based on IRS filings
Chang Foundation is a private foundation, based in WILMETTE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $548K in total assets. In 2024, it awarded 6 grants totaling $43K. Net investment income was $22K.
Ready to take the next step with Chang Foundation?
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 | $547,967 | $578,357 | $566,000 |
| Revenue | $22,210 | $40,257 | $16,553 |
| Expenses | $42,600 | $27,900 | $23,677 |
| Qualifying Distributions | $42,600 | $21,900 | $22,000 |
| Net Investment Income | $22,210 | $26,007 | $18,289 |
| Distributable Amount | $36,139 | $31,817 | $32,773 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The University of Michigan ($30,000), U Chicago Annual Fund ($5,000), Kenilworth Union Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE UNIVERSITY OF MICHIGAN ANN ARBOR, MI | GENERAL | $30,000 |
| NORTH EASTERN ILLINOIS COUNCIL VERNON HILLS, IL | GENERAL | $1,000 |
| UNIVERSITY OF CHICAGO CANCER RESEAR CHICAGO, IL | GENERAL | $500 |
| U CHICAGO ANNUAL FUND CHICAGO, IL | GENERAL | $5,000 |
| COVE SCHOOL NORTHBROOK, IL | GENERAL | $1,100 |
| KENILWORTH UNION CHURCH KENILWORTH, IL | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HAMILTON CHANG | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Chang Foundation?
As of 2024, Chang Foundation holds $548K in total assets with $22K in annual revenue. It awarded 6 grants totaling $43K in 2024.
Where does Chang Foundation operate?
Chang Foundation has awarded grants in Illinois, Michigan.
What size grants does Chang Foundation award?
In 2024, Chang Foundation awarded 6 grants totaling $43K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Chang Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chang Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chang Foundation's EIN?
Chang Foundation's EIN (Employer Identification Number) is 38-2796315. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Chang Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
United Way of Metropolitan Chicago Inc
CHICAGO, IL
Assets
$48.8M
Grants
331
Total Given
$22.8M
Grand Victoria Foundation
CHICAGO, IL
Assets
—
Grants
114
Total Given
$6.5M
Russell and Josephine Kott Memorial
OAK PARK, IL
Assets
$30.3M
Grants
38
Total Given
$1.6M
Julian Grace Foundation
HIGHLAND PARK, IL
Assets
—
Grants
105
Total Given
$8.1M
Greater Chicago Food Depository
CHICAGO, IL
Assets
$216.0M
Grants
119
Total Given
$1.4M
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Walder Foundation
WILMINGTON, DE
Assets
$154.6M
Grants
200
Total Given
$24.4M
Illinois Equal Justice Foundation
CHICAGO, IL
Assets
$10.6M
Grants
49
Total Given
$13.4M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
John D and Catherine T Macarthur
CHICAGO, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Alliant Credit Union Foundation
CHICAGO, IL
Assets
$6.1M
Grants
171
Total Given
$1.2M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Chang Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities