Changming & Rong Family Foundation
Changming & Rong Family Foundation is a private foundation focused on Education, based in Bellevue, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $34K in total assets. In 2025, it awarded 2 grants totaling $1K. Net investment income was $780.
Changming & Rong Family Foundation at a glance
In short: Changming & Rong Family Foundation gave $1K across 2 grants in 2025 (avg $575), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,150
- +53.3% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $575
- -23.3% vs 2024
- Median grant
- $575
- Total assets
- $34,205
- +30.6% vs 2024
- Primary geography
- Illinois (87% 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 Changming & Rong Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was SIU Foundation ($1K). Together the top 2 received $1K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Changming & Rong Family Foundation gives
- Giving grew 188% from 2022 to 2025. Method
- In 2025 it paid out 183% of 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 2022 to 2025, annual grant giving ranged from $400 (2022) to $1K (2025). In 2025 it made 2 grants totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SIU Foundation Carbondale, IL | support Caterpillar Excellence - Computer Science Scholarship Fund | $1,000 |
| Spiritridge PTSA 2385 Bellevue, WA | Orca Dash Fundraiser 2025 | $150 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $34,205 | $10,885 | $2,874 | $1,150 | 2 | $1,150 | $780 | $629 |
| 2024 | $26,194 | $15,994 | $1,690 | $750 | 1 | $750 | $994 | $629 |
| 2023 | $11,890 | $261 | $951 | $950 | 1 | $950 | $260 | — |
| 2022 | $13,500 | $2,900 | $570 | $400 | 1 | $570 | — | $591 |
| 2021 | $12,845 | $15,695 | $5,695 | — | — | $5,695 | — | $534 |
Under IRS private-foundation payout rules, Changming & Rong Family Foundation reported a distributable amount of $629 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Changming & Rong Family Foundation is led by Changming Li, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Changming Li
President
On filings since 2021
1 hr/week
No compensation reported
Fuquan Yang
Vice President
Vice Predident → Vice President, 2022
On filings since 2021
0.5 hrs/week
$1 (2023) → $0 (2025)
Rong Tang
Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $1, to Fuquan Yang (Vice President).
Frequently asked questions about Changming & Rong Family Foundation
How much does Changming & Rong Family Foundation give each year?
Changming & Rong Family Foundation gave $1K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $750 across 1 grant.
How large is Changming & Rong Family Foundation?
Changming & Rong Family Foundation reported $34K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $629 (roughly 5% of its investment assets).
What is Changming & Rong Family Foundation?
Changming & Rong Family Foundation is a private foundation focused on Education, based in Bellevue, WA. It holds $34K in total assets as of 2025.
Where does Changming & Rong Family Foundation operate?
Changming & Rong Family Foundation has awarded grants in Illinois, Washington.
What is Changming & Rong Family Foundation's EIN?
Changming & Rong Family Foundation's EIN (Employer Identification Number) is 86-3582142. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 11, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Changming & Rong Family Foundation funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in Changming & Rong Family Foundation's focus areas in our free grants database
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