Chung Foundation is a private foundation focused on Human Services, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $977K in total assets. In 2024, it awarded 8 grants totaling $2.0M. Net investment income was $197K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$977K
-45.7% YoY
Annual Giving
$2.0M
+264.4% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$251K
+127.8% YoY
About Chung Foundation
Based on IRS filings
Chung Foundation is a private foundation focused on Human Services, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $977K in total assets. In 2024, it awarded 8 grants totaling $2.0M. Net investment income was $197K.
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 | $977,499 | $1,801,416 | $1,574,960 |
| Revenue | $1,234,441 | $834,877 | $555,214 |
| Expenses | $2,058,358 | $608,421 | $793,873 |
| Qualifying Distributions | $2,046,719 | $595,587 | $780,503 |
| Net Investment Income | $197,117 | $42,795 | $26,076 |
| Distributable Amount | $76,290 | $91,568 | $81,023 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Caleb Chung | Dir, VP | 1 | — |
| Leisle Chung | Dir, Pres, Sec, Treas | 1 | — |
| Vinh Chung | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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