East West Foundation

MIDLOTHIAN, VA EIN: 54-1391171

East West Foundation is a private foundation, based in MIDLOTHIAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 7 grants totaling $26K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223K

+101.2% YoY

Annual Giving

$26K

-1.9% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$4K

+12.1% YoY

Under IRS private-foundation payout rules, East West Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About East West Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $98K (46%)

Massachusetts $55K (26%)

New Mexico $30K (14%)

Maryland $11K (5%)

Michigan $10K (5%)

Ohio $5K (2%)

District of Columbia $3K (1%)

North Carolina $1K (0%)

States

District of Columbia Massachusetts Maryland Michigan North Carolina New Mexico Ohio Virginia

Cities

AlexandriaAlmaBanner ElkClevelandDanvilleDillwynFlorenceFredericksburgLexingtonMidlothianNewtonNorfolkRichmondRichmonsSanta FeStevensvilleSuffolkWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$223,344	$110,983	$120,708
Revenue	$139,525	$17,913	$108,013
Expenses	$27,164	$27,638	$59,850
Qualifying Distributions	$27,164	$27,638	$59,850
Net Investment Income	$2,201	$17,913	$16,413
Distributable Amount	$14,898	$8,375	$9,545

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Santa Fe Food Depot ($10,000), Mint Juleps for Massey ($5,000), 100 Entrpreneurs Foundation ($5,000).

Recipient	Purpose	Amount
Cystic Fibrosis Foundation Richmond, VA	Continue Program Funding	$2,000
Mint Juleps for Massey Richmond, VA	Continue Program Funding	$5,000
Research is the Answer Foundation Washington, DC	Continue Program Funding	$2,500
100 Entrpreneurs Foundation Stevensville, MD	Continue Program Funding	$5,000
ASK Foundation Richmond, VA	Continue Program Funding	$600
Averett University Danville, VA	Continue Program Funding	$1,000
Santa Fe Food Depot Santa Fe, NM	Continue Program Funding	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Gary W Fenchuk	Director	1	—

Frequently Asked Questions

How large is East West Foundation?

As of 2024, East West Foundation holds $223K in total assets with $140K in annual revenue. It awarded 7 grants totaling $26K in 2024.

Where does East West Foundation operate?

East West Foundation has awarded grants in District of Columbia, Massachusetts, Maryland, Michigan, North Carolina, New Mexico, Ohio, Virginia.

What size grants does East West Foundation award?

In 2024, East West Foundation awarded 7 grants totaling $26K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is East West Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, East West Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.