JP Peng & Ashley Chao Foundation
JP Peng & Ashley Chao Foundation is a private foundation based in San Francisco, California. Its 2025 filing reports 10 grants totaling $56,000 to organizations in California, including schools, food banks, an animal welfare organization, health research, and cultural institutions.
JP Peng & Ashley Chao Foundation at a glance
In short: JP Peng & Ashley Chao Foundation gave $56K across 10 grants in 2025 (avg $6K), mostly in California. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $56,000
- +10.8% vs 2024
- Grants made (2025)
- 10
- +0.0% vs 2024
- Average grant
- $5,600
- +10.8% vs 2024
- Median grant
- $5,000
- Total assets
- $310,323
- +0.4% vs 2024
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2025; small sample)
- Primary geography
- California (100% 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 JP Peng & Ashley Chao Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 933 Stanyan Street, San Francisco, CA 94117
Phone: (408) 547-7051
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who JP Peng & Ashley Chao Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Saratoga High School ($15K). Together the top 10 received $56K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 43 grants of 43 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is JP Peng & Ashley Chao Foundation open to new grantees?
40%
first-time grantees, 2025
In 2025, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $8K; repeat grants $4K. How we count
Medians: $8K first-time, $5K repeat.
- 60% of 2025 grantees were also funded in 2024. Method
- Giving grew 173% from 2022 to 2025. Method
- In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
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 $20K (2020) to $56K (2025). In 2025 it made 10 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saratoga High School Saratoga, CA | Donations | $15,000 |
| St Jude Childrens Research San Francisco, CA | Donations | $10,000 |
| Humane Society Silicon Valley Milpitas, CA | Donations | $5,000 |
| San Francisco Food Bank San Francisco, CA | Donations | $5,000 |
| Second Harvest of Silicon Valley San Jose, CA | Donations | $5,000 |
| UCSF Foundation San Fracisco, CA | Donations | $5,000 |
| SFMOMA San Francisco, CA | Donations | $5,000 |
| TZU Chi Buddist San Jose, CA | Donations | $3,000 |
| Fine Art Museum of San Francisco San Fracisco, CA | Donations | $2,500 |
| Friends of Saratoga Library Saratoga, CA | Donations | $500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $310,323 | $60,065 | $58,962 | $56,000 | 10 | $57,605 | $40,055 | $53,779 |
| 2024 | $309,220 | $46,026 | $53,847 | $50,550 | 10 | $52,165 | $25,992 | $44,905 |
| 2023 | $317,041 | $21,809 | $45,174 | $42,000 | 9 | $45,426 | $1,767 | $34,990 |
| 2022 | $340,406 | $26,611 | $23,840 | $20,500 | 4 | $21,857 | $1,590 | $33,827 |
| 2021 | $337,635 | $33,878 | $48,115 | $43,500 | 10 | — | $7,500 | $37,087 |
| 2020 | $351,872 | $59,480 | $23,145 | $20,000 | 5 | — | $34,385 | $26,621 |
| 2019 | $315,537 | $49,728 | $23,239 | $20,084 | 5 | — | $9,475 | $20,422 |
Under IRS private-foundation payout rules, JP Peng & Ashley Chao Foundation reported a distributable amount of $54K for 2025 — 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 mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, Humane Society Silicon Valley describes its mission as saving lives, keeping families together, and creating a better future for pets and their people. Second Harvest of Silicon Valley says it works toward a hunger-free community by providing more food, healthy food, and better access to food. The San Francisco Food Bank describes its mission as ending hunger in San Francisco and Marin Counties.
Grantmaking
In filing year 2025, the foundation made 10 grants totaling $56,000. Grant amounts ranged from $500 to $15,000, with a median of $5,000. The largest grants were $15,000 to Saratoga High School and $10,000 to St Jude Childrens Research. Other grants included $5,000 each to Humane Society Silicon Valley, San Francisco Food Bank, Second Harvest of Silicon Valley, UCSF Foundation, and SFMOMA; $3,000 to Tzu Chi Buddist; $2,500 to Fine Art Museum of San Francisco; and $500 to Friends of Saratoga Library. The stated purpose for each was “DONATIONS.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jih-Ping Peng as CEO and Ai-Shya Chao as secretary.
JP Peng & Ashley Chao Foundation is led by Jih-Ping Peng, CEO on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jih-Ping Peng
CEO
On filings since 2019
2 hrs/week
No compensation reported
Ai-Shya Chao
Secretary
On filings since 2019
2 hrs/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 JP Peng & Ashley Chao Foundation
How much does JP Peng & Ashley Chao Foundation give each year?
JP Peng & Ashley Chao Foundation gave $56K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $51K across 10 grants.
What is JP Peng & Ashley Chao Foundation's typical grant size?
JP Peng & Ashley Chao Foundation's median grant in 2025 was $5,000, and its average grant was $5,600, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from JP Peng & Ashley Chao Foundation that year got $8K on average.
Where does JP Peng & Ashley Chao Foundation give grants?
JP Peng & Ashley Chao Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Francisco, CA (3 grants), Saratoga, CA (2 grants), San Jose, CA (2 grants) and San Fracisco, CA (2 grants).
Does JP Peng & Ashley Chao Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on JP Peng & Ashley Chao Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donations" (10 grants).
Who are JP Peng & Ashley Chao Foundation's largest grantees?
JP Peng & Ashley Chao Foundation's largest 2025 grantees include Saratoga High School ($15,000), St Jude Childrens Research ($10,000) and Humane Society Silicon Valley ($5,000), according to its 2025 IRS Form 990-PF. Together they received 54% of its itemized 2025 grant dollars.
How large is JP Peng & Ashley Chao Foundation?
JP Peng & Ashley Chao Foundation reported $310K in total assets on its 2025 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).
What does JP Peng & Ashley Chao Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, Humane Society Silicon Valley describes its mission as saving lives, keeping families together, and creating a better future for pets and their people. See mission & focus areas ↑
How do I apply for a grant from JP Peng & Ashley Chao Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does JP Peng & Ashley Chao 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work JP Peng & Ashley Chao Foundation funds
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Cite this profile
Grantable. (2026). JP Peng & Ashley Chao Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/jp-peng-and-ashley-chao-foundation-morg_5415a2cb93cc4d32a57c6b66543959cc
BibTeX
@misc{grantable_261581099_2026,
author = {{Grantable}},
title = {{JP Peng \& Ashley Chao Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jp-peng-and-ashley-chao-foundation-morg_5415a2cb93cc4d32a57c6b66543959cc},
note = {Accessed 2026-10-21. 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 JP Peng & Ashley Chao 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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