Chao Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 15 grants totaling $271K. Net investment income was $402K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
+16.8% YoY
Annual Giving
$271K
+7.6% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$18K
+0.4% YoY
Under IRS private-foundation payout rules, Chao Family Foundation Inc reported a distributable amount of $515K for 2024 — the minimum it must pay out in qualifying distributions.
About Chao Family Foundation Inc
Based on IRS filings
Chao Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 15 grants totaling $271K. Net investment income was $402K.
Focus Areas
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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 | $11,140,942 | $9,535,179 | $7,231,781 |
| Revenue | $467,649 | $818,859 | $83,214 |
| Expenses | $387,574 | $343,557 | $331,301 |
| Qualifying Distributions | $318,079 | $283,666 | $270,662 |
| Net Investment Income | $401,767 | $112,681 | $94,611 |
| Distributable Amount | $514,587 | $412,639 | $381,367 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asian Pacific Community Fund of Southern California ($53,600), First Star Inc ($35,000), Asian Pacific Community Fund of Southern California ($26,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNIA LOS ANGELES, CA | RENEWAL SCHOLARSHIPS 2024 | $53,600 |
| ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNIA LOS ANGELES, CA | 2023 NEW SCHOLARSHIPS | $26,000 |
| ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNIA LOS ANGELES, CA | 2024 GIVING FOR ALL SEASONS GALA EVENT SPONSORSHIP | $5,000 |
| FIRST STAR INC LOS ANGELES, CA | UCLA ACADEMY | $35,000 |
| MIRMAN SCHOOL FOR GIFTED CHILDREN LOS ANGELES, CA | MIRMAN NEXT PLEDGE | $25,000 |
| MISSION TO PROMOTE ADOPTION OF KIDS (MPAK) CARSON, CA | THE 9TH ANNUAL MPAK FUNDRAISING GALA EVENT SPONSORSHIP | $10,000 |
| MISSOURI S&T ROLLA, MO | RICHARD Y. AND JUNE T. CHAO SCHOLARSHIP/FELLOWSHIP | $25,000 |
| PANDAS INTERNATIONAL LITTLETON, CO | UNRESTRICTED GRANT | $11,200 |
| PEDIATRIC CANCER RESEARCH FOUNDATION (PCRF) IRVINE, CA | SWING FOR HOPE GOLF TOURNAMENT SPONSORSHIP | $7,500 |
| PEDIATRIC CANCER RESEARCH FOUNDATION (PCRF) IRVINE, CA | GENERAL DONATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD CHAO | CHAIRMAN/DIRECTOR | 4 | — |
| STEFANIE CHAO | TREASURER/DIRECTOR | 4 | — |
| STEVEN CHAO | SECRETARY/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chao Family Foundation Inc?
Chao Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $11.1M in total assets as of 2024.
How large is Chao Family Foundation Inc?
As of 2024, Chao Family Foundation Inc holds $11.1M in total assets with $468K in annual revenue. It awarded 15 grants totaling $271K in 2024.
Where does Chao Family Foundation Inc operate?
Chao Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Hawaii, Missouri.
What size grants does Chao Family Foundation Inc award?
In 2024, Chao Family Foundation Inc awarded 15 grants totaling $271K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Chao Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chao Family Foundation Inc reported a distributable amount of $515K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chao Family Foundation Inc's EIN?
Chao Family Foundation Inc's EIN (Employer Identification Number) is 26-1899479. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Chao Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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