Li & Shiao Foundation Inc
Li & Shiao Foundation Inc is a private foundation based in N Billerica, Massachusetts. Its 2025 filing describes direct charitable activities that promote development, entrepreneurship, and self-sufficiency; help entrepreneurs establish new businesses; and provide assistance for adoption and orphan care in countries of the Third World.
Li & Shiao Foundation Inc at a glance
In short: Li & Shiao Foundation Inc gave $46K across 14 grants in 2025 (avg $3K), mostly in Massachusetts. 64% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $46,130
- +18.2% vs 2024
- Grants made (2025)
- 14
- +55.6% vs 2024
- Average grant
- $3,295
- -24.0% vs 2024
- Median grant
- $1,250
- Total assets
- $849,299
- +26.0% vs 2024
- New grantees (estimate)
- 64% first-time grantees (9 of 14, 2025; small sample)
- Primary geography
- Massachusetts (56% 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 Li & Shiao Foundation Inc
- How to Apply
-
The filing says the foundation does not restrict giving to preselected organizations. It lists “purpose of use” as the application material, with no restrictions on awards.
- Contact
Application contact: Sheue Jen Gloria Shiao
Mailing address: 19 Sterling Rd Ste 6A, N Billerica, MA 01862
Phone: (978) 736-9980
Email: glorias@shinemound.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Li & Shiao Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cycudf-NA ($20K). Together the top 10 received $41K.
Organizations only. It also paid 1 grant to individuals ($5,000), which are not listed by name.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 56% of grant dollars went to recipients in Massachusetts and 43% to recipients in California; the filing also lists Minnesota at 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is Li & Shiao Foundation Inc open to new grantees?
64%
first-time grantees, 2025
In 2025, 9 of 14 grantees (64%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $2K; repeat grants $7K. How we count
Medians: $330 first-time, $3K repeat.
- 29% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 124% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). 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 2023 to 2025, annual grant giving ranged from $39K (2024) to $46K (2025). In 2025 it made 14 grants totaling $46K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cycudf-NA Milpitas, CA | Asian Developement Support | $20,000 |
| Asian American Civic Assoc Boston, MA | Low Income Support | $7,000 |
| Woodenfish Foundation Cambridge, MA | Educational Support | $5,000 |
| 1 grant to individuals Recipients not named | — | $5,000 |
| Project Hope Roxbury, MA | Educational Support | $3,000 |
| U Mass Lowell Lowell, MA | Educational Support | $2,000 |
| WPI Worcester, MA | Educational Support | $2,000 |
| MGH Fund Boston, MA | Hospital Support | $500 |
| Vertarian Troop Taunton, MA | Veteran Support | $500 |
| Save the Children Boston, MA | Children Support | $330 |
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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 | $849,299 | $223,429 | $48,403 | $46,130 | 14 | $46,130 | $23,105 | $37,245 |
| 2024 | $674,273 | $218,425 | $41,433 | $39,040 | 9 | $39,040 | $23,278 | $28,648 |
| 2023 | $497,281 | $240,561 | $43,380 | $41,700 | 10 | $41,700 | $10,561 | $19,489 |
| 2022 | $300,100 | $300,100 | — | — | — | — | — | — |
Under IRS private-foundation payout rules, Li & Shiao Foundation Inc reported a distributable amount of $37K 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
The foundation’s 2025 filing describes its direct charitable activities as promoting development, entrepreneurship, and self-sufficiency and helping entrepreneurs establish new businesses. It also describes providing assistance for adoption and orphan care in countries of the Third World.
Its 2025 grant purposes included Asian development support, low-income support, educational support, fellowships, hospital support, veteran support, children support, and police support.
Grantmaking
In 2025, the foundation gave 14 grants totaling $46,130. Grant amounts ranged from $100 to $20,000, with a median of $1,250. Notable grants included $20,000 to CYCUDF-NA, $7,000 to Asian American Civic Association, $5,000 each to Woodenfish Foundation and an individual recipient, and $3,000 to Project Hope.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Huan Chung Haggai Li as director and Sheue Jen Gloria Shiao as director and treasurer.
Li & Shiao Foundation Inc's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Huan Chung Haggai Li
Director
On filings since 2022
No compensation reported
Sheue Jen Gloria Shiao
Director & Treasurer
Director → Director & Treasurer, 2024
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 & Shiao Foundation Inc
How much does Li & Shiao Foundation Inc give each year?
Li & Shiao Foundation Inc gave $46K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 9 grants.
What is Li & Shiao Foundation Inc's typical grant size?
Li & Shiao Foundation Inc's median grant in 2025 was $1,250, and its average grant was $3,295, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Li & Shiao Foundation Inc that year got $2K on average.
Where does Li & Shiao Foundation Inc give grants?
Li & Shiao Foundation Inc gives mostly in Massachusetts: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (43%). The most frequent recipient cities were Boston, MA (4 grants) and Carlisle, MA (2 grants).
Does Li & Shiao Foundation Inc give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Li & Shiao Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Support" (5 grants).
Who are Li & Shiao Foundation Inc's largest grantees?
Li & Shiao Foundation Inc's largest 2025 grantees include Cycudf-NA ($20,000), Asian American Civic Assoc ($7,000) and Woodenfish Foundation ($5,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($5,000), which are not listed by name. Together they received 69% of its itemized 2025 grant dollars.
How large is Li & Shiao Foundation Inc?
Li & Shiao Foundation Inc reported $849K in total assets on its 2025 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).
What does Li & Shiao Foundation Inc fund?
The foundation’s 2025 filing describes its direct charitable activities as promoting development, entrepreneurship, and self-sufficiency and helping entrepreneurs establish new businesses. It also describes providing assistance for adoption and orphan care in countries of the Third World. See mission & focus areas ↑
How do I apply for a grant from Li & Shiao Foundation Inc?
The filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Li & Shiao Foundation Inc's EIN?
Li & Shiao Foundation Inc's EIN (Employer Identification Number) is 92-0569971. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 22, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2022–2024
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