Jp Peng & Ashley Chao Foundation
Jp Peng & Ashley Chao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $309K in total assets. In 2024, it awarded 10 grants totaling $51K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$309K
-2.5% YoY
Annual Giving
$51K
+20.4% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$5K
+8.3% YoY
Under IRS private-foundation payout rules, Jp Peng & Ashley Chao Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Jp Peng & Ashley Chao Foundation
Based on IRS filings
Jp Peng & Ashley Chao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $309K in total assets. In 2024, it awarded 10 grants totaling $51K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $309,220 | $317,041 | $340,406 |
| Revenue | $46,026 | $21,809 | $26,611 |
| Expenses | $53,847 | $45,174 | $23,840 |
| Qualifying Distributions | $52,165 | $45,426 | $21,857 |
| Net Investment Income | $25,992 | $1,767 | $1,590 |
| Distributable Amount | $44,905 | $34,990 | $33,827 |
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
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Johns Hopkins University ($10,000), Shs Foundation ($10,000), Ucsf Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHNS HOPKINS UNIVERSITY BALTIMORE, MD | DONATIONS | $10,000 |
| KDFC SAN JOSE, CA | DONATION | $1,000 |
| SAN FRANCISCO FOOD BANK SAN FRANCISCO, CA | DONATIONS | $2,500 |
| SARATOGA EDUCATION FOUNDATION SARATOGA, CA | DONATIONS | $5,050 |
| SECOND HARVEST OF SILICON VALLEY SAN JOSE, CA | DONATIONS | $2,500 |
| SHS FOUNDATION SARATOGA, CA | DONATION | $10,000 |
| TZU CHI BUDDIST SAN JOSE, CA | DONATION | $4,500 |
| UCSF FOUNDATION SAN FRACISCO, CA | DONATION | $10,000 |
| FINE ART MUSEUM OF SAN FRANCISCO SAN FRACISCO, CA | DONATIONS | $2,500 |
| HUMANE SOCIETY SILICON VALLEY MILPITAS, CA | DONATIONS | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIH-PING PENG | CEO | 2 | — |
| AI-SHYA CHAO | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jp Peng & Ashley Chao Foundation?
Jp Peng & Ashley Chao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. It holds $309K in total assets as of 2024.
How large is Jp Peng & Ashley Chao Foundation?
As of 2024, Jp Peng & Ashley Chao Foundation holds $309K in total assets with $46K in annual revenue. It awarded 10 grants totaling $51K in 2024.
Where does Jp Peng & Ashley Chao Foundation operate?
Jp Peng & Ashley Chao Foundation has awarded grants in California, Maryland, New York.
What size grants does Jp Peng & Ashley Chao Foundation award?
In 2024, Jp Peng & Ashley Chao Foundation awarded 10 grants totaling $51K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Jp Peng & Ashley Chao Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jp Peng & Ashley Chao Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jp Peng & Ashley Chao Foundation's EIN?
Jp Peng & Ashley Chao Foundation's EIN (Employer Identification Number) is 26-1581099. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jp Peng & Ashley Chao Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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