Deng and Li Family Foundation

DEERFIELD, IL EIN: 88-2204515

Deng and Li Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEERFIELD, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $358K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$358K

+30.6% YoY

Annual Giving

$15K

+107.1% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$3K

+148.6% YoY

Under IRS private-foundation payout rules, Deng and Li Family Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Deng and Li Family Foundation

Based on IRS filings

Deng and Li Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEERFIELD, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $358K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ChicagoClaremontGlencoHainesvilleNew Trier TownshipRichmondWaldenWilmette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$42K$84K$127K$169K202220232024
Metric202420232022
Total Assets$357,765$273,976$129,352
Revenue$111,024$153,361$133,002
Expenses$24,734$11,237$3,650
Qualifying Distributions$14,500$11,237$1,050
Net Investment Income$11,024$3,361
Distributable Amount$13,684$7,094

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$15K3 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Elivy Youth Performing A…$6KInternational Buddhism F…$5KUniversity of Richmond$2KInstitute for Postmodern…$1KTsechen Kunchab Ling - T…$1K

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Elivy Youth Performing Arts Institute ($5,500), International Buddhism Friendship Association ($5,000), University of Richmond ($2,000).

RecipientPurposeAmount
University of Richmond Richmond, VAFor education support$2,000
International Buddhism Friendship Association Chicago, ILFor religious support$5,000
Elivy Youth Performing Arts Institute Chicago, ILFor education support$5,500
Institute for Postmodern Development of China Claremont, CAFor charitable support$1,000
Tsechen Kunchab Ling - Temple of All-Encompassing Great Compassion Walden, NYFor religious support$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Yuan DengPresident2
Xinyu LiTreasurer1
SELENA ZIJING DengSecretary1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Deng and Li Family Foundation?

Deng and Li Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEERFIELD, IL. It holds $358K in total assets as of 2024.

How large is Deng and Li Family Foundation?

As of 2024, Deng and Li Family Foundation holds $358K in total assets with $111K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Deng and Li Family Foundation operate?

Deng and Li Family Foundation has awarded grants in California, Illinois, New York, Virginia.

What size grants does Deng and Li Family Foundation award?

In 2024, Deng and Li Family Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Deng and Li Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Deng and Li Family Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Deng and Li Family Foundation's EIN?

Deng and Li Family Foundation's EIN (Employer Identification Number) is 88-2204515. IRS Form 990 filing data is available on this page for 2022–2024.

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

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