Linda and Charles Zhao Family Foundation

CITY OF INDUSTRY, CA EIN: 93-4470752

Linda and Charles Zhao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CITY OF INDUSTRY, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 20 grants totaling $75K. Net investment income was $132K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+1.1% YoY

Annual Giving

$75K

Grant Count

20

Avg Grant Size

$4K

Under IRS private-foundation payout rules, Linda and Charles Zhao Family Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.

About Linda and Charles Zhao Family Foundation

Based on IRS filings

Linda and Charles Zhao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CITY OF INDUSTRY, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 20 grants totaling $75K. Net investment income was $132K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlhambraAliso ViejoBaldwin ParkChino HillsEastvaleEl MonteHacienda HeightsHawthorneIrvineLa PuenteLos AngelesOntarioRancho CucamongaRowland HeightsWest Covina

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$859K$2M$3M$3M20232024
Metric20242023
Total Assets$3,156,738$3,122,526
Revenue$144,965$3,122,526
Expenses$120,136
Qualifying Distributions$107,050
Net Investment Income$131,879
Distributable Amount$152,442$7,600

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$56K$75K0 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EAST WEST CULTURE AND AR…$10KLI YUANCHUN$10KLEUNG MAN KIT$7KJIANG XIUMING$6KPACIFIC SYMPHONY$5KLIANG YANMING$4KNGO LOAN$4KYANEZ VICTORIA$3KRICHARD SIU$3KGUTIERREZ CLAUDIA$3K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include East West Culture and Art Foundation ($10,000), Li Yuanchun ($10,000), Leung Man Kit ($7,000).

RecipientPurposeAmount
EAST WEST CULTURE AND ART FOUNDATION ALISO VIEJO, CAPUBLIC CHARITY$10,000
PACIFIC SYMPHONY IRVINE, CAPUBLIC CHARITY$5,000
CHINESE ASSOCIATION OF WEST COVINA WEST COVINA, CAPUBLIC CHARITY$1,380
SUNG TIFFANY ROWLAND HEIGHTS, CAHARDSHIP$1,750
LEUNG MAN KIT ROWLAND HEIGHTS, CASCHOLARSHIP$7,000
LE KAREN IRVINE, CAHARDSHIP$2,500
ZHOU YUAN CHINO HILLS, CAHARDSHIP$2,500
LI YUANCHUN LOS ANGELES, CASCHOLARSHIP$10,000
WAN XIAOXIANG ROWLAND HEIGHTS, CAHARDSHIP$2,500
JIANG XIUMING LA PUENTE, CAHARDSHIP$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JIN ZHAOCHIEF EXECUTIVE OFFICER1
DANYANG ZHAOSECRETARY, CHIEF FINANCIAL OFFICER1
ZHILING GUOVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Linda and Charles Zhao Family Foundation?

Linda and Charles Zhao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CITY OF INDUSTRY, CA. It holds $3.2M in total assets as of 2024.

How large is Linda and Charles Zhao Family Foundation?

As of 2024, Linda and Charles Zhao Family Foundation holds $3.2M in total assets with $145K in annual revenue. It awarded 20 grants totaling $75K in 2024.

Where does Linda and Charles Zhao Family Foundation operate?

Linda and Charles Zhao Family Foundation has awarded grants in California.

What size grants does Linda and Charles Zhao Family Foundation award?

In 2024, Linda and Charles Zhao Family Foundation awarded 20 grants totaling $75K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Linda and Charles Zhao Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Linda and Charles Zhao Family Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Linda and Charles Zhao Family Foundation's EIN?

Linda and Charles Zhao Family Foundation's EIN (Employer Identification Number) is 93-4470752. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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