Dr & Mrs Hsiao Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 47-1736318

Dr & Mrs Hsiao Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 1 grant totaling $187K. Net investment income was $168K.

Dr & Mrs Hsiao Foundation at a glance

In short: Dr & Mrs Hsiao Foundation gave $187K across 1 grant in 2025 (avg $187K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$187,376
+27.8% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$187,376
+27.8% vs 2024
Median grant
$187,376
Total assets
$1,765,265
-3.4% vs 2024
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Dr & Mrs Hsiao Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Fidelity Investments Charitable Gift Fund: $187KFidelity InvestmentsCharitable Gift Fund$187K

The largest 2025 recipient was Fidelity Investments Charitable Gift Fund ($187K).

Grant Size Distribution

6 grants across all recorded years

1<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 6 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BostonLa Canada FLTPasadena

How Dr & Mrs Hsiao Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$50K$100K$150K$200K2 grants2019 1 grant2020 1 grant2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $79K (2020) to $187K (2025). In 2025 it made 1 grant totaling $187K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Charitable Gift Fund Boston, MADr. & Mrs. Hsiao Foundation Fund$187,376
Your AI grants department

Ready to take the next step with Dr & Mrs Hsiao Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,765,265$183,753$245,240$187,3761$204,186$168,170$227,227
2024$1,826,752$111,880$196,363$146,6391$163,120$113,273$201,386
2023$1,911,235$11,331$186,901$142,1131$158,272$62,805$163,120
2022$2,086,805$91,464$206,066$161,0462$179,314$114,278$158,272
2021$2,201,407$65,111$128,948$84,6751$103,139$54,318$179,314
2020$2,265,244$896,860$105,196$78,8221—$32,355$103,139
2019$1,473,580$37,365$106,426$80,8912—$28,227$92,874

Under IRS private-foundation payout rules, Dr & Mrs Hsiao Foundation reported a distributable amount of $227K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Dr & Mrs Hsiao Foundation is led by Jenny Wu, Director & Co- President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jenny Wu

    Director & Co- President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Ray Hsiao

    Director, Secretary, Treasurer & Co- President

    Director, Secretary, Treasurer & Co- President → Director & Co-Pres, 2021

    Director & Co-Pres → Director, Secretary, Treasurer & Co- President, 2022

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Daniel Hsiao

    Vice President

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Dr & Mrs Hsiao Foundation

How much does Dr & Mrs Hsiao Foundation give each year?

Dr & Mrs Hsiao Foundation gave $187K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $147K across 1 grant.

How large is Dr & Mrs Hsiao Foundation?

Dr & Mrs Hsiao Foundation reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $204K in qualifying distributions that year, against a required minimum of $227K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Dr & Mrs Hsiao Foundation operate?

Dr & Mrs Hsiao Foundation has awarded grants in California, Massachusetts.

What is Dr & Mrs Hsiao Foundation's EIN?

Dr & Mrs Hsiao Foundation's EIN (Employer Identification Number) is 47-1736318. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 29, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 30, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 29, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Explore Open Grants

Browse active grant opportunities in Dr & Mrs Hsiao Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Pak Family Youth Foundation

Los Angeles, CA

Assets

$724K

Grants

6

Total Given

$86K

The Dorothy L Johnston Foundation

Pasadena, CA

Philanthropy, Voluntarism & Grantmaking

Assets

$6.5M

Grants

8

Total Given

$418K

Western Asset Management Company

Pasadena, CA

Western Asset Management Company funds education, humanitarian aid, religious activities, and other charitable work, primarily in California, with some giving in New York and other states. Its 2026 grants ranged from $100 to $6,772, with a median of $1,000. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$10K

Grants

66

Total Given

$55K

Asian Pacific Community Fund of Southern California

Los Angeles, CA

The Asian Pacific Community Fund supports nonprofits serving underserved AANHPI communities, including culturally appropriate services, community health, leadership, and a stronger AANHPI voice. Its 2026 operating grants start at $5,000; in 2024, the median grant was $15,000. Its focus is Southern California, and the profile does not state whether it accepts unsolicited requests.

Assets

$34.7M

Grants

67

Total Given

$3.2M

Tsutayo Ichioka & Satsuki Nakao

Pasadena, CA

The foundation supports preselected educational, social-service, and arts and cultural organizations, primarily in California, with some funding in Oregon. Its 2025 grants ranged from $1,500 to $113,000, with a median of $5,000. It does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.7M

Grants

22

Total Given

$331K

Birch Ridge Foundation

Minneapolis, MN

Philanthropy, Voluntarism & Grantmaking

Assets

$4.0M

Grants

1

Total Given

$140K

More similar funders

More Funders in Delaware

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Dr & Mrs Hsiao Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Dr & Mrs Hsiao Foundation down — hundreds of funders to go?

Want AI to do this for you?