Lei and Chen Family Foundation
Lei and Chen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $265K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$265K
-3.5% YoY
Annual Giving
$25K
+33.7% YoY
Grant Count
3
-66.7% YoY
Avg Grant Size
$8K
+301.1% YoY
Under IRS private-foundation payout rules, Lei and Chen Family Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Lei and Chen Family Foundation
Based on IRS filings
Lei and Chen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $265K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $264,511 | $274,127 | $280,099 |
| Revenue | $20,821 | $17,987 | $5,123 |
| Expenses | $30,437 | $23,959 | $23,598 |
| Qualifying Distributions | $30,214 | $23,788 | $23,525 |
| Net Investment Income | $26,049 | $23,215 | $5,123 |
| Distributable Amount | $30,896 | $25,609 | $24,826 |
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 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eclat Foundation ($10,000), Open Workshops ($10,000), Detroit Chinese Alliance Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DETROIT CHINESE ALLIANCE CHURCH MADISON HTS, MI | General & Unrestricted | $5,000 |
| ECLAT FOUNDATION PLANO, TX | ECLAT/Michigan State University Scholarship Fund | $10,000 |
| OPEN WORKSHOPS TROY, MI | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Chen | VP, Dir | 1 | — |
| Ruey Chen | Dir | 1 | — |
| Donna M Lei | PRES, TREAS, SEC, DIR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lei and Chen Family Foundation?
Lei and Chen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $265K in total assets as of 2024.
How large is Lei and Chen Family Foundation?
As of 2024, Lei and Chen Family Foundation holds $265K in total assets with $21K in annual revenue. It awarded 3 grants totaling $25K in 2024.
Where does Lei and Chen Family Foundation operate?
Lei and Chen Family Foundation has awarded grants in California, District of Columbia, Iowa, Maryland, Michigan, New York, Texas.
What size grants does Lei and Chen Family Foundation award?
In 2024, Lei and Chen Family Foundation awarded 3 grants totaling $25K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lei and Chen Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lei and Chen Family Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lei and Chen Family Foundation's EIN?
Lei and Chen Family Foundation's EIN (Employer Identification Number) is 46-4133610. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lei and Chen Family 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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