Chao and Fong Family Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 88-2598566

Chao and Fong Family Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $288K in total assets. In 2025, it awarded 8 grants totaling $19K. Net investment income was $200K.

Chao and Fong Family Foundation Inc at a glance

In short: Chao and Fong Family Foundation Inc gave $19K across 8 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$18,600
+55.0% vs 2024
Grants made (2025)
8
+166.7% vs 2024
Average grant
$2,325
-41.9% vs 2024
Median grant
$2,250
Total assets
$287,593
+206.0% vs 2024
Primary geography
New York (52% 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 Chao and Fong Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Camfed: $6KCamfed$6KDoctors Without Borders: $3KDoctors Without Borders$3KInternational Rescue Committee: $3KInternational Rescue Committee$3KSave the Children: $3KSave the Children$3KUniversal Human Body Energy of NYC Inc: $2KUniversal Human Body Energy ofNYC Inc$2KCarter Burden Luncheon Club: $1KCarter Burden Luncheon Club$1KProject Find: $1KProject Find$1KBronx High School of Science Foundation: $100Bronx High School of ScienceFoundation$100

The largest 2025 recipient was Camfed ($6K). Together the top 8 received $19K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

New YorkSan FranciscoStamfordBronxFairfield

How Chao and Fong Family Foundation Inc gives

  • Giving grew 200% from 2022 to 2025. Method
  • In 2025 it paid out 121% 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

$0$5K$10K$15K$20K3 grants2022 2 grants2023 3 grants2024 8 grants2025

From 2022 to 2025, annual grant giving ranged from $6K (2023) to $19K (2025). In 2025 it made 8 grants totaling $19K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Camfed San Francisco, CAEducation$6,000
Doctors Without Borders New York, NYHumanitarian Aid$3,000
International Rescue Committee New York, NYHumanitarian Aid$3,000
Save the Children Fairfield, CTHumanitarian$3,000
Universal Human Body Energy of NYC Inc New York, NYHEALTH$1,500
Carter Burden Luncheon Club New York, NYSocial Services$1,000
Project Find New York, NYCommunity$1,000
Bronx High School of Science Foundation Bronx, NYEducation$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$287,593$290,330$19,591$18,6008$18,600$199,738$15,429
2024$93,997$75,653$13,089$12,0003$13,089$3,807$13,164
2023$238,880$152,325$6,380$5,8002$6,380$40,209$6,419
2022$115,378$121,600$6,222$6,2003———

Under IRS private-foundation payout rules, Chao and Fong Family Foundation Inc reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Chao and Fong Family Foundation Inc is led by Rose Chao, President on every filing since 2022; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Rose Chao

    President

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Chloe Chao

    Treasurer

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Nathan Chao

    Vice President

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "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 Chao and Fong Family Foundation Inc

How much does Chao and Fong Family Foundation Inc give each year?

Chao and Fong Family Foundation Inc gave $19K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 3 grants.

What is Chao and Fong Family Foundation Inc's typical grant size?

Chao and Fong Family Foundation Inc's median grant in 2025 was $2,250, and its average grant was $2,325, across 8 grants on its 2025 IRS Form 990-PF.

Where does Chao and Fong Family Foundation Inc give grants?

Chao and Fong Family Foundation Inc gives mostly in New York: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (32%) and Connecticut (16%). The most frequent recipient cities were New York, NY (5 grants).

Does Chao and Fong Family Foundation Inc give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Chao and Fong Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Chao and Fong Family Foundation Inc's largest grantees?

Chao and Fong Family Foundation Inc's largest 2025 grantees include Camfed ($6,000), Doctors Without Borders ($3,000) and International Rescue Committee ($3,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.

How large is Chao and Fong Family Foundation Inc?

Chao and Fong Family Foundation Inc reported $288K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What is Chao and Fong Family Foundation Inc's EIN?

Chao and Fong Family Foundation Inc's EIN (Employer Identification Number) is 88-2598566. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  4. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  5. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Chao and Fong Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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