Jason & Heidi Yao Family Foundation

REDONDO BEACH, CA EIN: 87-3296371

Jason & Heidi Yao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REDONDO BEACH, CA. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $18K in total assets. In 2023, it awarded 3 grants totaling $7K. Net investment income was $41.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$18K

-47.5% YoY

Annual Giving

$7K

-22.5% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$2K

+54.9% YoY

Under IRS private-foundation payout rules, Jason & Heidi Yao Family Foundation reported a distributable amount of $13 for 2023 — the minimum it must pay out in qualifying distributions.

About Jason & Heidi Yao Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $15K (99%)

Maryland $200 (1%)

States

California Maryland

Cities

College ParkTorrance

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$17,620	$33,562	$49,985
Revenue	$-9,026	$-7,543	$50,000
Expenses	$6,930	$8,880	$15
Qualifying Distributions	$6,750	$8,715	—
Net Investment Income	$41	$29	—
Distributable Amount	$13	$54	$205

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include King's Harbor Church ($5,000), Redondo Beach Usd ($1,550), University of Maryland College Park ($200).

Recipient	Purpose	Amount
REDONDO BEACH USD TORRANCE, CA	CHARITABLE DONATIONS	$1,550
KING'S HARBOR CHURCH TORRANCE, CA	CHARITABLE DONATIONS	$5,000
UNIVERSITY OF MARYLAND COLLEGE PARK COLLEGE PARK, MD	CHARITABLE DONATIONS	$200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
JASON YAO	CEO	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jason & Heidi Yao Family Foundation?

Jason & Heidi Yao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REDONDO BEACH, CA. It holds $18K in total assets as of 2023.

How large is Jason & Heidi Yao Family Foundation?

As of 2023, Jason & Heidi Yao Family Foundation holds $18K in total assets with $-9,026 in annual revenue. It awarded 3 grants totaling $7K in 2023.

Where does Jason & Heidi Yao Family Foundation operate?

Jason & Heidi Yao Family Foundation has awarded grants in California, Maryland.

What size grants does Jason & Heidi Yao Family Foundation award?

In 2023, Jason & Heidi Yao Family Foundation awarded 3 grants totaling $7K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Jason & Heidi Yao Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Jason & Heidi Yao Family Foundation reported a distributable amount of $13 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jason & Heidi Yao Family Foundation's EIN?

Jason & Heidi Yao Family Foundation's EIN (Employer Identification Number) is 87-3296371. IRS Form 990 filing data is available on this page for 2021–2023.