Ngai Foundation
Ngai Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 9 grants totaling $33K.
Ngai Foundation at a glance
In short: Ngai Foundation gave $33K across 9 grants in 2025 (avg $4K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $32,946
- -21.4% vs 2024
- Grants made (2025)
- 9
- +0.0% vs 2024
- Average grant
- $3,661
- -21.4% vs 2024
- Median grant
- $1,036
- Total assets
- $1,068,129
- -22.4% vs 2024
- Primary geography
- California (61% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who Ngai Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Stanford University ($20K). Together the top 9 received $33K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 61 grants of 61 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Ngai Foundation gives
- Giving held roughly steady from 2022 to 2025 (+8%). Method
- In 2025 it paid out 90% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2020) to $42K (2024). In 2025 it made 9 grants totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Stanford, CA | Donation | $20,000 |
| Sacred Heat Schools Chicago, IL | Donation | $6,000 |
| Assumption Church Chicago, IL | Donation | $2,061 |
| Misericordia Chicago, IL | Donation | $1,244 |
| Casl Chicago, IL | Donation | $1,036 |
| St Michael Church Chicago, IL | Donation | $1,035 |
| Annual Catholic Appeal Chicago, IL | Donation | $1,000 |
| Cornel Lab of Orthithology Ithaca, NY | Donation | $370 |
| Museum of Science and Industry Chicago, IL | Donation | $200 |
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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 | $1,068,129 | $-102,895 | $195,352 | $32,946 | 9 | $64,522 | — | $71,986 |
| 2024 | $1,377,158 | $473,591 | $138,329 | $41,938 | 9 | $97,041 | $70,873 | $70,238 |
| 2023 | $1,046,951 | $72,171 | $101,600 | $28,901 | 11 | $61,688 | $43,021 | $52,176 |
| 2022 | $1,102,096 | $469,107 | $98,690 | $30,466 | 21 | $61,770 | $55,682 | $19,491 |
| 2021 | $729,862 | $217,017 | $53,045 | $11,512 | 11 | $45,624 | — | $17,679 |
| 2020 | $573,379 | $189,801 | $50,526 | $5,345 | 5 | — | — | — |
Under IRS private-foundation payout rules, Ngai Foundation reported a distributable amount of $72K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ngai Foundation is led by Maihang Ngai, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Maihang Ngai
President
On filings since 2024
No compensation reported
Ho Ying Choi
Director
On filings since 2020
No compensation reported
Jun Zhou
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Mai Huang Ngai (2020–2023) — President
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 Ngai Foundation
How much does Ngai Foundation give each year?
Ngai Foundation gave $33K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 9 grants.
What is Ngai Foundation's typical grant size?
Ngai Foundation's median grant in 2025 was $1,036, and its average grant was $3,661, across 9 grants on its 2025 IRS Form 990-PF.
Where does Ngai Foundation give grants?
Ngai Foundation gives mostly in California: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (38%). The most frequent recipient cities were Chicago, IL (7 grants).
Does Ngai Foundation give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Ngai Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (9 grants).
Who are Ngai Foundation's largest grantees?
Ngai Foundation's largest 2025 grantees include Stanford University ($20,000), Sacred Heat Schools ($6,000) and Assumption Church ($2,061), according to its 2025 IRS Form 990-PF. Together they received 85% of its itemized 2025 grant dollars.
How large is Ngai Foundation?
Ngai Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $72K (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 Ngai Foundation's EIN?
Ngai Foundation's EIN (Employer Identification Number) is 83-2596168. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Ngai Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ngai Foundation's focus areas in our free grants database
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