Leong Man Way Foundation Inc
Leong Man Way Foundation Inc is a private foundation, based in San Francisco, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $98K in total assets. In 2025, it awarded 4 grants totaling $22K. Net investment income was $52K.
Key facts about Leong Man Way Foundation Inc
In short: Leong Man Way Foundation Inc gave $22K across 4 grants in 2025 (avg $5K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 20-2738913
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $21,500
- Grants made (2025)
- 4
- Average grant
- $5,375
- Median grant
- $5,375
- Total assets
- $98,266
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$98K
-1.8% YoY
Annual Giving
$22K
+7.5% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$5K
+7.5% YoY
Under IRS private-foundation payout rules, Leong Man Way Foundation Inc reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
How Leong Man Way Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Leong Man Way Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $19K (2022) to $46K (2023). In 2025 it made 4 grants totaling $22K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was California Bluegrass Association ($5K). Together the top 4 received $22K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| California Bluegrass Association San Francisco, CA | Support for support and raise awareness about adoption through bluegrass music. | $5,375 |
| Chinese Hospital Association Foundation San Francisco, CA | Compassion Fund | $5,375 |
| Immigrants Rising San Francisco, CA | Support to transform the immigrant experience through education and business enterprise. Immigrants rising empowers undocumented young people to achieve educational and career goals through personal, institutional and policy transformation. | $5,375 |
| Troop 3 Boy Scouts of America San Francisco, CA | Provide supplies and financial support to identified scouts for access to outdoor excursion trips | $5,375 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $98,266 | $100,109 | $94,214 |
| Revenue | $51,825 | $28,700 | $87,621 |
| Expenses | $31,462 | $27,755 | $56,023 |
| Qualifying Distributions | $21,500 | $20,000 | $45,500 |
| Net Investment Income | $51,787 | $28,694 | $87,600 |
| Distributable Amount | $22,201 | $22,459 | $19,165 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Leong Man Way Foundation Inc is led by Lani Way, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lani Way
President
On filings since 2020
2 hrs/week
No compensation reported
Andrew Leong
Vice President
On filings since 2020
No compensation reported
Carolyn Hee
Secretary
On filings since 2020
No compensation reported
Former officers (2)
- Former: Joyce Chen (2020–2023) — Executive Director
- Former: Marty Way (2020–2023) — CFO
Data from IRS Form 990 filings, 2020–2025. "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 Leong Man Way Foundation Inc
How much does Leong Man Way Foundation Inc give each year?
Leong Man Way Foundation Inc gave $22K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 4 grants.
What is Leong Man Way Foundation Inc's typical grant size?
Leong Man Way Foundation Inc's median grant in 2025 was $5,375, and its average grant was $5,375, across 4 grants on its 2025 IRS Form 990-PF.
Where does Leong Man Way Foundation Inc give grants?
Leong Man Way Foundation Inc 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 (4 grants).
Does Leong Man Way Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Leong Man Way Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Leong Man Way Foundation Inc?
Leong Man Way Foundation Inc reported $98K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Leong Man Way Foundation Inc's EIN?
Leong Man Way Foundation Inc's EIN (Employer Identification Number) is 20-2738913. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Leong Man Way Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Leong Man Way Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Western Neighborhood Project
San Francisco, CA
Assets
$103K
Grants
1
Total Given
$10K
Minami Tamaki Yamauchi Kwok & Lee
San Francisco, CA
Assets
$49K
Grants
1
Total Given
$10K
Red Husky Foundation
Los Gatos, CA
Assets
$6.4M
Grants
3
Total Given
$96K
Guang-Yu Chinese Culture & Art Center
San Ramon, CA
Assets
$173K
Grants
4
Total Given
$32K
Clement Chen Family Foundation
San Mateo, CA
Assets
$223K
Grants
4
Total Given
$63K
J&K Lau Foundation
Burlingame, CA
Assets
$13.8M
Grants
7
Total Given
$638K
Lui Foundation
San Francisco, CA
The foundation supports organizations focused on Chinese culture and education, Chinese American history, San Francisco Chinatown projects, and arts and media, with most 2025 funding going to California and additional grants in New York, Washington, and Colorado. Its 12 grants ranged from $1,000 to $60,000, with a median of $16,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$9.5M
Grants
12
Total Given
$293K
The International Coalition of Sites of Conscience
New York, NY
The Coalition funds historic sites, museums, memorials, and other places of memory working to connect history with human rights and civic action; its current Project Support Fund offers member sites grants of up to $7,000 plus consultation and capacity-building support. The fund is global and limited to Coalition members in good standing; reported 2025 grants had a median of $10,000.
Assets
$1.1M
Grants
12
Total Given
$549K
The Candelaria Fund
Little River, CA
The Candelaria Fund supports organizations in areas including railroad preservation, museums, culture, community services, and policy research. Its 2025 grants ranged from $2,500 to $200,000, with a median of $15,000, and went mainly to organizations in Pennsylvania and California, as well as New Mexico, Maine, and Ohio. It accepts written requests describing the funding purpose and the organization’s history; no deadline is listed.
Assets
$984K
Grants
15
Total Given
$678K
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
California Humanities
Oakland, CA
California Humanities funds public humanities projects, documentary media, library programming, and other efforts that connect Californians with history, culture, and civic life, primarily across California. Recent grants ranged from $5,500 to $50,000, with a median of about $24,500. It is not currently accepting applications; future grant cycles are suspended indefinitely.
Assets
$1.9M
Grants
41
Total Given
$858K
Asian Pacific Fund
San Francisco, CA
The Asian Pacific Fund supports AANHPI-serving nonprofits through grants and capacity building, as well as scholarships for eligible students; its focus is the Bay Area, though it also made grants nationally. In 2024, grants ranged from $10,000 to $115,000, with a median of $25,000. The ACT for AANHPIs program is listed as open, but the profile does not state whether unsolicited requests are accepted.
Assets
$25.7M
Grants
42
Total Given
$1.6M
More Funders in California
Leong Man Way Foundation Inc down — hundreds of funders to go?