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