East West Bank Foundation
East West Bank Foundation is a private foundation based in Pasadena, California. Its 2024 grants supported organizations including museums, arts and cultural groups, community reinvestment organizations, and economic opportunity initiatives.
East West Bank Foundation at a glance
In short: East West Bank Foundation gave $11.3M across 42 grants in 2024 (avg $270K), mostly in California. 55% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,342,940
- +113.3% vs 2023
- Grants made (2024)
- 42
- +13.5% vs 2023
- Average grant
- $270,070
- +87.9% vs 2023
- Median grant
- $17,500
- Total assets
- $54,510,258
- +26.6% vs 2023
- New grantees (estimate)
- 55% first-time grantees (23 of 42, 2024)
- Primary geography
- California (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to East West Bank Foundation
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 135 N Los Robles Avenue 7Th Floor, Pasadena, CA 91101
Phone: (302) 793-3277
Website: https://eastwestbank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who East West Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Los Angeles County Museum of Art (Lacma) ($6.0M). Together the top 10 received $10.8M.
Grant Size Distribution
237 grants across all recorded years
The most common grant size was under $50K: 189 grants of 237 (80%).
Geographic Focus
Where this funder awards grants
In 2024, 87% of grant dollars went to recipients in California, 12% to Texas, and 1% to the District of Columbia. New York was listed at 1% and Florida at 0%; percentages may not total 100% because of rounding.
Grant Distribution by State
Share of 2024 grant dollars across all 42 itemized grants.
States
Cities
Is East West Bank Foundation open to new grantees?
55%
first-time grantees, 2024
In 2024, 23 of 42 grantees (55%) were first-time recipients. First grants averaged $21K; repeat grants $571K. How we count
Medians: $10K first-time, $50K repeat.
- 31% of 2024 grantees were also funded in 2023. Method
- Giving grew 299% from 2021 to 2024. Method
- In 2024 it paid out 499% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.9M (2020) to $11.3M (2024). In 2024 it made 42 grants totaling $11.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Los Angeles County Museum of Art (Lacma) Los Angeles, CA | Program Support | $5,970,894 |
| Grameen America Inc Texas, TX | Program Support | $1,376,039 |
| Museum Associates Los Angeles, CA | Program Support | $988,568 |
| The Broad Los Angeles, CA | Program Support | $856,339 |
| Asian Art Museum San Francisco, CA | Program Support | $500,000 |
| The Academy Foundation Beverly Hills, CA | Program Support | $500,000 |
| Gold House Foundation Inc Covina, CA | Program Support | $250,000 |
| The Colburn School Los Angeles, CA | Program Support | $150,000 |
| The Mayor's Fund for Los Angeles Los Angeles, CA | Program Support | $100,000 |
| Rise Economy San Francisco, CA | Program Support | $100,000 |
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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 | $54,510,258 | $13,140,550 | $12,076,821 | $11,342,940 | 42 | $11,908,292 | $1,712,919 | $2,385,722 |
| 2023 | $43,060,389 | $12,379,041 | $5,930,720 | $5,317,037 | 37 | $5,818,652 | $948,902 | $1,878,926 |
| 2022 | $32,815,864 | $12,279,725 | $3,726,099 | $2,799,672 | 45 | $3,643,729 | $819,504 | $1,406,653 |
| 2021 | $28,088,634 | $7,874,377 | $3,001,467 | $2,842,216 | 51 | $2,912,521 | $704,477 | $1,133,600 |
| 2020 | $21,531,325 | $1,097,423 | $1,795,031 | $1,862,529 | 62 | — | $702,281 | $1,331,816 |
Under IRS private-foundation payout rules, East West Bank Foundation reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No specific foundation mission statement is provided. Its grants show support for a range of organizations. For example, Gold House Foundation describes its mission as uniting, investing in, and championing Asian Pacific leaders and cultures. Rise Economy says it works to build an inclusive and fair economy for low-income communities and communities of color. The Colburn School describes its founding principle as “access to excellence” in performing arts education.
Other 2024 grantees include organizations whose stated missions concern homelessness prevention and housing security, economic opportunity for people of color, international peace and diplomacy, museum support, and humanitarian services. These are the grantees’ missions, not stated foundation priorities.
Grantmaking
In filing year 2024, the foundation reported 42 grants totaling $11,342,940. Grant amounts ranged from $2,500 to $5,970,894, with a median of $17,500. The largest grants included $5,970,894 to the Los Angeles County Museum of Art (LACMA), $1,376,039 to Grameen America, $988,568 to Museum Associates, $856,339 to The Broad, and $500,000 each to the Asian Art Museum and The Academy Foundation. Each was listed for program support.
Other 2024 awards included $250,000 to Gold House Foundation, $150,000 to The Colburn School, $100,000 each to The Mayor’s Fund for Los Angeles and Rise Economy, $70,000 to The Greenlining Institute, and $50,000 to Quincy Institute for Responsible.
The bank’s website invites nonprofit donation or sponsorship proposals by email. The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dominic Ng as chairman, Travis Kiyota as president and director, Douglas Krause as secretary and director, Gary Teo as director, and Sharon Cheung as CFO.
East West Bank Foundation is led by Travis Kiyota, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Travis Kiyota
President & Director
On filings since 2020
No compensation reported
Dominic Ng
Chairman
Director → Chairman, 2024
On filings since 2020
No compensation reported
Douglas Krause
Secretary & Director
On filings since 2020
No compensation reported
Gary Teo
Director
On filings since 2020
No compensation reported
Sharon Cheung
CFO
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Emily Wang (2020) — President & Director · Filing note: Thru sept 2020
Data from IRS Form 990 filings, 2020–2024. "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 East West Bank Foundation
How much does East West Bank Foundation give each year?
East West Bank Foundation gave $11.3M across 42 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.3M across 37 grants.
What is East West Bank Foundation's typical grant size?
East West Bank Foundation's median grant in 2024 was $17,500, and its average grant was $270,070, across 42 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from East West Bank Foundation that year got $21K on average.
Where does East West Bank Foundation give grants?
East West Bank Foundation gives mostly in California: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (12%). The most frequent recipient cities were Los Angeles, CA (16 grants), San Francisco, CA (6 grants), New York, NY (3 grants) and Washington, DC (2 grants).
Does East West Bank Foundation give general operating support?
Not in 2024: none of the 42 grants with a stated purpose on East West Bank Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (42 grants).
Who are East West Bank Foundation's largest grantees?
East West Bank Foundation's largest 2024 grantees include Los Angeles County Museum of Art (Lacma) ($5,970,894), Grameen America Inc ($1,376,039) and Museum Associates ($988,568), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is East West Bank Foundation?
East West Bank Foundation reported $54.5M in total assets on its 2024 IRS Form 990-PF. It paid out $11.9M in qualifying distributions that year, against a required minimum of $2.4M (roughly 5% of its investment assets).
What does East West Bank Foundation fund?
No specific foundation mission statement is provided. Its grants show support for a range of organizations. For example, Gold House Foundation describes its mission as uniting, investing in, and championing Asian Pacific leaders and cultures. See mission & focus areas ↑
How do I apply for a grant from East West Bank Foundation?
East West Bank Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check eastwestbank.com for any change to that policy.
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.
Does East West Bank Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). East West Bank Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/east-west-bank-foundation-morg_c2b8f8b0eeea42d8ab7c48a97075dd9d
BibTeX
@misc{grantable_461648827_2026,
author = {{Grantable}},
title = {{East West Bank Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/east-west-bank-foundation-morg_c2b8f8b0eeea42d8ab7c48a97075dd9d},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from East West Bank 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.
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