Li & Cheung for Better World Foundation
Li & Cheung for Better World Foundation is a private foundation, based in Hacienda Heights, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $52K in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $5.
Li & Cheung for Better World Foundation at a glance
In short: Li & Cheung for Better World Foundation gave $3K across 3 grants in 2025 (avg $838.333), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,515
- +32.4% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $838
- +32.4% vs 2024
- Median grant
- $400
- Total assets
- $52,370
- -5.9% vs 2024
- 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 September 2026.
Who Li & Cheung for Better World Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Church in Rowland Heights ($2K). Together the top 3 received $3K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Li & Cheung for Better World Foundation gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1K (2023) to $3K (2019). In 2025 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Church in Rowland Heights Rowlamd Heights, CA | General Donation | $2,040 |
| YWCA San Gabriel Valley Covina, CA | General Donation | $400 |
| Living Stream Ministry Anaheim, CA | General Donation | $75 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $52,370 | $5 | $3,315 | $2,515 | 3 | $2,515 | $5 |
| 2024 | $55,680 | $14 | $2,978 | $1,900 | 3 | $1,900 | $14 |
| 2023 | $58,644 | $86 | $3,760 | $1,300 | 3 | $1,300 | $86 |
| 2022 | $62,318 | $9 | $3,308 | $2,550 | 4 | $2,550 | $9 |
| 2021 | $65,617 | $6 | $3,412 | $2,450 | 3 | — | $6 |
| 2020 | $69,023 | — | $3,816 | $2,375 | 3 | — | — |
| 2019 | $72,839 | $42 | $3,726 | $2,800 | 3 | — | — |
Leadership & Key People
Officers and directors from IRS filings
Li & Cheung for Better World Foundation is led by Rongsheng Li, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rongsheng Li
President
On filings since 2019
5 hrs/week
No compensation reported
Tina Cheung
Treasurer
On filings since 2019
5 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 Li & Cheung for Better World Foundation
How much does Li & Cheung for Better World Foundation give each year?
Li & Cheung for Better World Foundation gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 3 grants.
What is Li & Cheung for Better World Foundation's typical grant size?
Li & Cheung for Better World Foundation's median grant in 2025 was $400, and its average grant was $838, across 3 grants on its 2025 IRS Form 990-PF.
Where does Li & Cheung for Better World Foundation give grants?
Li & Cheung for Better World Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Li & Cheung for Better World Foundation give general operating support?
Yes: 100% of Li & Cheung for Better World Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Li & Cheung for Better World Foundation?
Li & Cheung for Better World Foundation reported $52K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $5.
What is Li & Cheung for Better World Foundation's EIN?
Li & Cheung for Better World Foundation's EIN (Employer Identification Number) is 47-2681559. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 January 16, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 21, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 17, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Li & Cheung for Better World Foundation funds
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