Diodes Foundation
Diodes Foundation is a private foundation focused on Education, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 9 grants totaling $866K. Net investment income was $447K.
Diodes Foundation at a glance
In short: Diodes Foundation gave $866K across 9 grants in 2024 (avg $96K), top state Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $865,766
- +82.7% vs 2023
- Grants made (2024)
- 9
- +0.0% vs 2023
- Average grant
- $96,196
- +82.7% vs 2023
- Median grant
- $10,000
- Total assets
- $10,256,176
- +17.9% vs 2023
- Primary geography
- Texas (7% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Diodes Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was The Alliance Cultural Foundation ($800K). Together the top 9 received $866K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 23 grants of 25 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Diodes Foundation gives
- In 2024 it paid out 185% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $29K (2022) to $866K (2024). In 2024 it made 9 grants totaling $866K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Alliance Cultural Foundation | Support for the Alliance Cultural Foundation's activities in Taiwan | $800,000 |
| North Texas Food Bank Plano, TX | General & Unrestricted | $16,666 |
| Texas A&M Foundation College Station, TX | In support of the unrestricted research for semiconductors IC design and manufacturing led by Dr. Pao-Tai Lin | $15,000 |
| Chinese Institute of Engineers USA Inc Richardson, TX | Charitable Event | $12,000 |
| Dallas Asian American Youth Orchestra Arlington, TX | General & Unrestricted | $10,000 |
| Perot Museum of Nature and Science Dallas, TX | General & Unrestricted | $5,000 |
| South Portland High School South Portland, ME | In support of South Portland High School Robotics Team | $5,000 |
| Dallas-Ft Worth Chinese Double Tenth Celebration C Richardson, TX | General & Unrestricted | $1,600 |
| Dfwwecare Dallas, TX | for the Back-to-School Drive | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $10,256,176 | $2,478,658 | $922,110 | $865,766 | 9 | $885,766 | $447,114 | $477,673 |
| 2023 | $8,699,628 | $5,712,179 | $504,717 | $473,766 | 9 | $495,634 | $204,596 | $366,253 |
| 2022 | $3,492,166 | $3,530,697 | $38,531 | $29,250 | 7 | $37,592 | $27,758 | $100,210 |
Under IRS private-foundation payout rules, Diodes Foundation reported a distributable amount of $478K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Diodes Foundation is led by Keh-Shew Lu, Chairman & Director since 2022 (on filings since 2021); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Keh-Shew Lu
Chairman & Director
Chariman & Director → Chairman & Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Brett Whitmire
Director & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Richard D White
Director & Secretary
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Diodes Foundation
How much does Diodes Foundation give each year?
Diodes Foundation gave $866K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $474K across 9 grants.
What is Diodes Foundation's typical grant size?
Diodes Foundation's median grant in 2024 was $10,000, and its average grant was $96,196, across 9 grants on its 2024 IRS Form 990-PF.
Where does Diodes Foundation give grants?
Diodes Foundation's top state is Texas, with 7% of the grant dollars itemized on its 2024 IRS Form 990-PF. The most frequent recipient cities were Richardson, TX (2 grants) and Dallas, TX (2 grants).
Does Diodes Foundation give general operating support?
Yes: 56% of Diodes Foundation's 2024 grants with a stated purpose (5 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Diodes Foundation's largest grantees?
Diodes Foundation's largest 2024 grantees include The Alliance Cultural Foundation ($800,000), North Texas Food Bank ($16,666) and Texas A&M Foundation ($15,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is Diodes Foundation?
Diodes Foundation reported $10.3M in total assets on its 2024 IRS Form 990-PF. It paid out $886K in qualifying distributions that year, against a required minimum of $478K (roughly 5% of its investment assets).
What is Diodes Foundation?
Diodes Foundation is a private foundation focused on Education, based in Wilmington, DE. It holds $10.3M in total assets as of 2024.
What is Diodes Foundation's EIN?
Diodes Foundation's EIN (Employer Identification Number) is 87-4053108. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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