Chou Family Foundation
Chou Family Foundation is a private foundation, based in Raleigh, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.4M in total assets. In 2023, it awarded 6 grants totaling $74K. Net investment income was $94K.
Chou Family Foundation at a glance
In short: Chou Family Foundation gave $74K across 6 grants in 2023 (avg $12K), top state Massachusetts. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $74,000
- -7.5% vs 2022
- Grants made (2023)
- 6
- +20.0% vs 2022
- Average grant
- $12,333
- -22.9% vs 2022
- Median grant
- $12,000
- Total assets
- $1,403,279
- +2.0% vs 2022
- Primary geography
- Massachusetts (41% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Chou Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
The largest 2023 recipient was The Octet Collaborative Inc ($20K). Together the top 6 received $74K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
Cities
How Chou Family Foundation gives
- Giving held roughly steady from 2020 to 2023 (−1%). Method
- In 2023 it paid out 100% 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 2020 to 2023, annual grant giving ranged from $49K (2021) to $80K (2022). In 2023 it made 6 grants totaling $74K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Octet Collaborative Inc Somerville, MA | Aa Leadership - Cultural Change | $20,000 |
| China Partnership Metuchen, NJ | General Operating Support | $15,000 |
| Barnabas and CO Fullerton, CA | Aa Leadership - Pastoral Wellness | $14,000 |
| The Veritas Forum Inc Cambridge, MA | Aa Leadership - Evangelism | $10,000 |
| Vetstarts Inc Arlington, TX | Veteran Well Being | $10,000 |
| Abide Gathering Inc New York, NY | Aa Ledership Conference | $5,000 |
Ready to take the next step with Chou Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | $1,403,279 | $105,999 | $96,898 | $74,000 | 6 | $82,631 | $93,985 | $82,524 |
| 2022 | $1,375,910 | $239,043 | $151,176 | $80,000 | 5 | $198,055 | $186,985 | $73,303 |
| 2021 | $1,288,043 | $75,325 | $74,500 | $48,600 | 4 | $110,519 | $56,240 | $82,271 |
| 2020 | $1,287,218 | $120,667 | $101,424 | $75,000 | 5 | — | $108,050 | $69,809 |
Under IRS private-foundation payout rules, Chou Family Foundation reported a distributable amount of $83K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Chou Family Foundation's 2023 filing lists 2 officers; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Alice Chou
Trustee
On filings since 2020
1 hr/week
No compensation reported
Paul Chou
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Chou Family Foundation
How much does Chou Family Foundation give each year?
Chou Family Foundation gave $74K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $80K across 5 grants.
What is Chou Family Foundation's typical grant size?
Chou Family Foundation's median grant in 2023 was $12,000, and its average grant was $12,333, across 6 grants on its 2023 IRS Form 990-PF.
Where does Chou Family Foundation give grants?
Chou Family Foundation's top state is Massachusetts, with 41% of the grant dollars itemized on its 2023 IRS Form 990-PF. The next largest states were New Jersey (20%) and California (19%).
Does Chou Family Foundation give general operating support?
Yes: 17% of Chou Family Foundation's 2023 grants with a stated purpose (1 of 6) were for general or operating support, per its 2023 IRS Form 990-PF.
Who are Chou Family Foundation's largest grantees?
Chou Family Foundation's largest 2023 grantees include The Octet Collaborative Inc ($20,000), China Partnership ($15,000) and Barnabas and CO ($14,000), according to its 2023 IRS Form 990-PF. Together they received 66% of its itemized 2023 grant dollars.
How large is Chou Family Foundation?
Chou Family Foundation reported $1.4M in total assets on its 2023 IRS Form 990-PF. It paid out $83K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).
What is Chou Family Foundation's EIN?
Chou Family Foundation's EIN (Employer Identification Number) is 62-1720872. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Chou Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Long Family Foundation
Torrance, CA
The Long Family Foundation funds religious, educational, cultural, and research endeavors, with 2024 grants ranging from $500 to $510,000 and a median grant of $4,000. Its giving was concentrated in California, followed by New York, Colorado, Indiana, and Illinois. It awards grants by invitation only and does not accept unsolicited requests.
Assets
$1.3M
Grants
57
Total Given
$1.7M
The Harold C Smith Foundation
Wheaton, IL
The Harold C. Smith Foundation funds Christian churches and nonprofits focused on youth, ministry in the Middle East, and support for persecuted Christians in the U.S. and internationally. Its 2025 grants ranged from $2,000 to $300,000, with a median of $75,000. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$87.6M
Grants
44
Total Given
$4.2M
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Bruised Camel Charitable Foundationinc
Greenwich, CT
The foundation supports a varied range of charitable organizations, including churches, educational institutions, and groups focused on youth, justice, and the environment. Its 2024 grants ranged from $150 to $17,000, with a median of $1,000; Connecticut received the largest share, with grants also going to several other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$814K
Grants
48
Total Given
$123K
Sentry Insurance Foundation Inc
Stevens Point, WI
The foundation supports education, workforce development, United Way, and local organizations that improve quality of life and build equitable communities, especially in Wisconsin and Hawaii, including Maui. Its 2024 grants had a median of $1,500, though awards ranged widely; it accepts requests by letter to Sentry Insurance stating the organization’s purpose and requested amount.
Assets
$9.9M
Grants
271
Total Given
$7.3M
M J Murdock Charitable Trust
Vancouver, WA
The M.J. Murdock Charitable Trust funds nonprofit capacity-building and projects in arts and culture, civic and community services, education, health and environmental stewardship, and scientific research across Alaska, Idaho, Montana, Oregon, and Washington. Its 2024 median grant was $87,000, with awards ranging from $4,000 to about $1.55 million. Eligible organizations can submit a Letter of Inquiry; full applications are by invitation.
Assets
$2.0B
Grants
797
Total Given
$116.6M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Chou Family Foundation'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.
Chou Family Foundation down — hundreds of funders to go?