Margaret and Peter Chang Foundation
Margaret and Peter Chang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $128K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+5.8% YoY
Annual Giving
$128K
+124.6% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$18K
+92.6% YoY
About Margaret and Peter Chang Foundation
Based on IRS filings
Margaret and Peter Chang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $128K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,262,545 | $2,137,869 | $2,001,321 |
| Revenue | $28,871 | $31,427 | $194,857 |
| Expenses | $152,119 | $84,447 | $101,411 |
| Qualifying Distributions | $128,050 | $57,000 | $68,500 |
| Net Investment Income | $34,728 | $36,644 | $166,542 |
| Distributable Amount | $110,195 | $101,894 | $101,871 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Open Grants
1 open opportunity from Margaret and Peter Chang Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gwyneth B McNabola | Trustee | 2 | — |
| Dorothy M Miller | Secretary/ Trustee | 2 | — |
| Cyrene M Foltz | Treasurer/ Trustee | 4 | — |
| David B Foltz | President/ Trustee | 2 | — |
| Gloria Rahn | Vice President/Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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