Good Heart Foundation
Good Heart Foundation is a private foundation based in Mc Lean, Virginia. Its 2025 filing lists grants to organizations in several states, including Virginia, Indiana, Rhode Island, and Nevada.
Good Heart Foundation at a glance
In short: Good Heart Foundation gave $20K across 11 grants in 2025 (avg $2K), top state Virginia. 73% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,100
- +402.5% vs 2024
- Grants made (2025)
- 11
- +120.0% vs 2024
- Average grant
- $1,827
- +128.4% vs 2024
- Median grant
- $1,000
- Total assets
- $156,496
- +5.2% vs 2024
- New grantees (estimate)
- 73% first-time grantees (8 of 11, 2025; small sample)
- Primary geography
- Virginia (45% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Good Heart Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. The filing says to contact Louis LS Tao with a letter about the organization and its charitable needs. It lists no restrictions on awards and no deadline.
- Contact
Application contact: Louis Ls Tao
Mailing address: 10401 W Charleston Blvd, Las Vegas, NV 89135
Phone: (703) 847-9256
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Good Heart Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was TZU Chi ($6K). Together the top 10 received $20K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that recipients in Virginia received 45% of grant dollars, those in Indiana 30%, Rhode Island 12%, Nevada 10%, and New York 1%. The listed grants also include recipients in Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Good Heart Foundation open to new grantees?
73%
first-time grantees, 2025
In 2025, 8 of 11 grantees (73%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $1K; repeat grants $3K. How we count
Medians: $1K first-time, $2K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $2K (2022) to $20K (2025). In 2025 it made 11 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| TZU Chi Reston, VA | Contribution | $6,000 |
| Unitas Publishing Shirley, IN | Gen Contribution | $6,000 |
| Brown University PRovidence, RI | Contribution | $2,000 |
| Fairfax Buddhist Temple Fairfax Station, VA | Gen Contribution | $2,000 |
| Nadia Care Las Vegas, NV | Gen Contribution. | $1,000 |
| Pine Clark Health care Las Vegas, NV | Gen Contribution | $1,000 |
| Evelith Lucas Cancer FAirfax, VA | Gen Contribution | $1,000 |
| Rhodes Animal Hospital Peace Dale, RI | Gen Contibution | $500 |
| DDRC (Chan Meditation Ctr) Pine Bush, NY | Contribution | $300 |
| St Jude Childrens Hospital Memphis, TN | Contribution | $200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $156,496 | $14,957 | $22,236 | $20,100 | 11 | $12,821 |
| 2024 | $148,712 | $5,538 | $4,709 | $4,000 | 5 | $5,930 |
| 2023 | $166,495 | $5,601 | $581 | — | — | $1,915 |
| 2022 | $161,475 | — | $4,147 | $2,100 | 8 | $2,923 |
| 2021 | $159,959 | $2,477 | $4,927 | $3,300 | 8 | $6 |
| 2020 | $178,723 | $6,394 | $9,554 | $3,000 | 9 | $1,842 |
| 2019 | $192,476 | $7,951 | $10,303 | $10,200 | 3 | $16,037 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2025, the foundation reported 11 grants totaling $20,100. Grant amounts ranged from $100 to $6,000, with a median of $1,000. The largest grants were $6,000 each to TZU Chi in Reston, Virginia, and Unitas Publishing in Shirley, Indiana; $2,000 each to Brown University in Providence, Rhode Island, and Fairfax Buddhist Temple in Fairfax Station, Virginia; and $1,000 each to Nadia Care and Pine Clark Health care in Las Vegas, Nevada, and Evelith Lucas Cancer in Fairfax, Virginia.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Lung Sheng Tao and Kou-Yun Tao as directors.
Good Heart Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kou-Yun Tao
Director
On filings since 2019
1 hr/week
No compensation reported
Lung Sheng Tao
Director
On filings since 2019
1 hr/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 Good Heart Foundation
How much does Good Heart Foundation give each year?
Good Heart Foundation gave $20K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 5 grants.
What is Good Heart Foundation's typical grant size?
Good Heart Foundation's median grant in 2025 was $1,000, and its average grant was $1,827, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Good Heart Foundation that year got $1K on average.
Where does Good Heart Foundation give grants?
Good Heart Foundation's top state is Virginia, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Indiana (30%) and Rhode Island (12%). The most frequent recipient cities were Las Vegas, NV (2 grants).
Does Good Heart Foundation give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Good Heart Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gen Contribution" (6 grants) and "Contribution" (4 grants).
Who are Good Heart Foundation's largest grantees?
Good Heart Foundation's largest 2025 grantees include TZU Chi ($6,000), Unitas Publishing ($6,000) and Brown University ($2,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.
How large is Good Heart Foundation?
Good Heart Foundation reported $156K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $15K.
How do I apply for a grant from Good Heart Foundation?
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Good Heart Foundation's EIN?
Good Heart Foundation's EIN (Employer Identification Number) is 54-1946661. IRS Form 990 filing data is available on this page for 2019–2025.
Does Good Heart Foundation accept unsolicited proposals?
Yes, 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 13, 2024)
Live grants for the work Good Heart Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Figures come from Good Heart 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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