Dao Feng & Angela Foundation Corporation

ROCKVILLE, MD EIN: 81-2371087

Dao Feng & Angela Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.6M in total assets. In 2024, it awarded 10 grants totaling $744K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.6M

+1.8% YoY

Annual Giving

$744K

+10.8% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$74K

-0.3% YoY

Under IRS private-foundation payout rules, Dao Feng & Angela Foundation Corporation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

About Dao Feng & Angela Foundation Corporation

Based on IRS filings

Dao Feng & Angela Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.6M in total assets. In 2024, it awarded 10 grants totaling $744K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

ArlingtonClearwaterFayettevilleFort LauderdaleGaithersburgHagerstownHarpers FerryIndianapolisLake HiawathaMetuchenNew YorkParadiseRestonRockvilleSan FranciscoSouth HamiltonWashingtonWheaton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$21,630,772$21,244,092$21,888,887
Revenue$1,756,129$448,524$1,258,524
Expenses$1,402,625$1,227,905$993,180
Qualifying Distributions$1,394,672$540,222$980,049
Net Investment Income$380,878$738,355
Distributable Amount$1,410,206$1,163,705$1,067,828

Giving Over Time

Total grant dollars and number of grants per year

$0$226K$453K$679K$905K5 grants20207 grants202111 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YOUNG AMERICAS FOUNDATION$303KBRIDGES INTERNATIONAL$120KLEADERSHIP INSTITUTE$100KAMBASSADORS FOR CHRIST$60KGORDON CONWELL THEOLOGIC…$45KCO CANAL TRUST$45KCP$42KBETHEL RENEWAL CENTER$21KCHINA FOLK HOUSE RETREAT$8KINTERNATIONAL GENEROSITY…$500

Grant Size Distribution

42 grants across all recorded years

19<$50K10$50–100K10$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Young Americas Foundation ($303,000), Bridges International ($120,000), Leadership Institute ($100,000).

RecipientPurposeAmount
CO CANAL TRUST HAGERSTOWN, MDPRESERVATION OF C&O CANAL$45,000
GORDON CONWELL THEOLOGICAL SEMINARY SOUTH HAMILTON, MARELIGION-RELATED CHARITABLE ACTIVITIES$45,028
INTERNATIONAL GENEROSITY FOUNDATION CLEARWATER, FLTO MOBILIZE RESOURCES BY MAKING GLOBAL GIVING EASY$500
YOUNG AMERICAS FOUNDATION RESTON, VAYOUNG AMERICANS PROGRAMS$303,000
CHINA FOLK HOUSE RETREAT HARPERS FERRY, WVBUILDING A FOLK RETREAT CULTURAL EXCHANGE SITE$7,756
AMBASSADORS FOR CHRIST PARADISE, PARELIGION-RELATED CHARITABLE ACTIVITIES$59,664
BRIDGES INTERNATIONAL FORT LAUDERDALE, FLRELIGION-RELATED CHARITABLE ACTIVITIES$120,000
BETHEL RENEWAL CENTER LAKE HIAWATHA, NJPROMOTE THE EVANGELIZATION OF OVERSEAS STUDENTS$21,025
LEADERSHIP INSTITUTE ARLINGTON, VATRAINING THE FUTURE TORCHBEARERS OF LEARDERSHIP$100,000
CP METUCHEN, NJTO SUPPORT THE GLOBALGOSPEL MOVEMENT$41,665

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ANGELA HEDIRECTOR$60K

From 2024 filing

NameTitleHoursCompensation
DAO FENG HEPRESIDENT & DIRECTOR20
ANGELA HEDIRECTOR20$60,000
XUEMEI FENGDIRECTOR5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Dao Feng & Angela Foundation Corporation?

Dao Feng & Angela Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKVILLE, MD. It holds $21.6M in total assets as of 2024.

How large is Dao Feng & Angela Foundation Corporation?

As of 2024, Dao Feng & Angela Foundation Corporation holds $21.6M in total assets with $1.8M in annual revenue. It awarded 10 grants totaling $744K in 2024.

Where does Dao Feng & Angela Foundation Corporation operate?

Dao Feng & Angela Foundation Corporation has awarded grants in California, District of Columbia, Florida, Illinois, Indiana, Massachusetts, Maryland, New Jersey, New York, Pennsylvania, Virginia, West Virginia.

What size grants does Dao Feng & Angela Foundation Corporation award?

In 2024, Dao Feng & Angela Foundation Corporation awarded 10 grants totaling $744K — an average of about $74K per grant, based on its IRS Form 990 filings.

How much is Dao Feng & Angela Foundation Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dao Feng & Angela Foundation Corporation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dao Feng & Angela Foundation Corporation's EIN?

Dao Feng & Angela Foundation Corporation's EIN (Employer Identification Number) is 81-2371087. IRS Form 990 filing data is available on this page for 2020–2024.

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

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