Chou Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$1.4M
+2.0% YoY
Annual Giving
$74K
-7.5% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$12K
-22.9% YoY
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.
About Chou Family Foundation
Based on IRS filings
Chou Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with Chou Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,403,279 | $1,375,910 | $1,288,043 |
| Revenue | $105,999 | $239,043 | $75,325 |
| Expenses | $96,898 | $151,176 | $74,500 |
| Qualifying Distributions | $82,631 | $198,055 | $110,519 |
| Net Investment Income | $93,985 | $186,985 | $56,240 |
| Distributable Amount | $82,524 | $73,303 | $82,271 |
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 2023
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include The Octet Collaborative Inc ($20,000), China Partnership ($15,000), Barnabas and Co ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABIDE GATHERING INC NEW YORK, NY | AA LEDERSHIP CONFERENCE | $5,000 |
| BARNABAS AND CO FULLERTON, CA | AA LEADERSHIP - PASTORAL WELLNESS | $14,000 |
| CHINA PARTNERSHIP METUCHEN, NJ | GENERAL OPERATING SUPPORT | $15,000 |
| THE OCTET COLLABORATIVE INC SOMERVILLE, MA | AA LEADERSHIP - CULTURAL CHANGE | $20,000 |
| THE VERITAS FORUM INC CAMBRIDGE, MA | AA LEADERSHIP - EVANGELISM | $10,000 |
| VETSTARTS INC ARLINGTON, TX | VETERAN WELL BEING | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL CHOU | TRUSTEE | 1 | — |
| ALICE CHOU | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chou Family Foundation?
Chou Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $1.4M in total assets as of 2023.
How large is Chou Family Foundation?
As of 2023, Chou Family Foundation holds $1.4M in total assets with $106K in annual revenue. It awarded 6 grants totaling $74K in 2023.
Where does Chou Family Foundation operate?
Chou Family Foundation has awarded grants in California, Georgia, Illinois, Massachusetts, New Jersey, New York, Texas.
What size grants does Chou Family Foundation award?
In 2023, Chou Family Foundation awarded 6 grants totaling $74K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Chou Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Chou Family Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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
Assets
$1.3M
Grants
57
Total Given
$1.7M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
The Bessemer Giving Fund
WOODBRIDGE, NJ
Assets
$948.2M
Grants
1,653
Total Given
$138.5M
The Harold C Smith Foundation to
WHEATON, IL
Assets
—
Grants
39
Total Given
$4.8M
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
Bruised Camel Charitable Foundationinc
GREENWICH, CT
Assets
—
Grants
48
Total Given
$123K
Sentry Insurance Foundation Inc
STEVENS POINT, WI
Assets
—
Grants
271
Total Given
$7.3M
M J Murdock Charitable Trust
VANCOUVER, WA
Assets
$2.0B
Grants
797
Total Given
$116.6M
The John and Anne Albright
NEW YORK, NY
Assets
$25K
Grants
7
Total Given
$5K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Chou Family 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