East West Bank Foundation
East West Bank Foundation is a private foundation based in Pasadena, California. Established in 2013, it operates as a 501(c)(3) organization dedicated to philanthropic grantmaking and community reinvestment.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$11.3M
+113.3% YoY
Grant Count
42
+13.5% YoY
Avg Grant Size
$270K
+87.9% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
How to Apply
** Nonprofits interested in submitting a donation or sponsorship proposal for consideration should email the foundation.
Ready to take the next step with East West Bank Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily directs funding to organizations in:
- California
- New York
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $54,510,258 (2024)
- Total Giving: $11,342,940 (2024)
- Revenue: $12.4 million (2023)
- Expenses: $5.93 million (2023)
- Total Assets: $43.1 million (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
224 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Los Angeles County Museum of Art (lacma) ($5,970,894), Grameen America Inc ($1,376,039), Museum Associates ($988,568).
| Recipient | Purpose | Amount |
|---|---|---|
| ASIAN & PACIFIC ISLANDER AMERICAN WASHINGTON, DC | PROGRAM SUPPORT | $10,000 |
| ASIAN PACIFIC AMERICAN LEADERSHIP LOS ANGELES, CA | PROGRAM SUPPORT | $10,000 |
| 80-20 EDUCATIONAL FOUNDATION INC SAINT PETERSBURG, FL | PROGRAM SUPPORT | $10,000 |
| GRAMEEN AMERICA INC TEXAS, TX | PROGRAM SUPPORT | $1,376,039 |
| WNET NEW YORK, NY | PROGRAM SUPPORT | $25,000 |
| LOS ANGELES BUSINESS COUNCIL INSTITUTE LOS ANGELES, CA | PROGRAM SUPPORT | $10,000 |
| THE BROAD LOS ANGELES, CA | PROGRAM SUPPORT | $856,339 |
| PERELMAN PERFORMING ARTS CENTER NEW YORK, NY | PROGRAM SUPPORT | $23,000 |
| THE MAYOR'S FUND FOR LOS ANGELES LOS ANGELES, CA | PROGRAM SUPPORT | $100,000 |
| MISSION ECONOMIC DEVELOPMENT AGENCY SAN FRANCISCO, CA | PROGRAM SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS KRAUSE | SECRETARY & DIRECTOR | — | — |
| GARY TEO | DIRECTOR | — | — |
| SHARON CHEUNG | CFO | 1 | — |
| DOMINIC NG | CHAIRMAN | — | — |
| TRAVIS KIYOTA | PRESIDENT & DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
In May 2025, East West Bank Foundation committed $6 million to Asian American and Pacific Islander (AAPI) organizations and initiatives. The foundation has also partnered with the Pasadena Community Foundation on community strengthening efforts, including contributions to the Eaton Fire Relief and Recovery Fund to support local nonprofits and disaster-related services.
Pasadena-Based East West Bank Commits $6 Million to Asian American and Pacific\The foundation previously announced a major donation to the Mayor's Fund for Los Angeles in February 2024.
Mayor's Fund for Los Angeles Announces Major Donation From East West BankSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does East West Bank Foundation fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from East West Bank Foundation?
**Grant Amounts:** Typical awards range from $500 to $5,970,894. **Total Annual Giving:** $11,342,940 (based on most recent IRS 990 filing from 2024) **Application Process:** Nonprofits interested in submitting a donation or sponsorship proposal for consideration should email the foundation.
Where does East West Bank Foundation make grants?
The foundation primarily directs funding to organizations in: • California • New York • District of Columbia
What size grants does East West Bank Foundation award?
In 2024, East West Bank Foundation awarded 42 grants totaling $11.3M — an average of about $270K per grant, based on its IRS Form 990 filings.
What is East West Bank Foundation's EIN?
East West Bank Foundation's EIN (Employer Identification Number) is 46-1648827. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in East West Bank Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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