Peter Kong-Ming and Mary L New
Peter Kong-Ming and Mary L New is a private foundation focused on N/A, based in Oklahoma City, OK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $137K in total assets. In 2025, it made $27K in qualifying distributions. Net investment income was $4K.
Key facts about Peter Kong-Ming and Mary L New
- EIN
- 73-6257539
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $136,794
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$137K
-9.8% YoY
Revenue
$14K
+62.4% YoY
Qualifying Distributions
$27K
+5.3% YoY
Expenses
$29K
+5.1% YoY
Under IRS private-foundation payout rules, Peter Kong-Ming and Mary L New reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
How Peter Kong-Ming and Mary L New gives
- Giving held roughly steady from 2019 to 2022 (+0%). Method
- In 2025 it paid out 232% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $5K (2019) to $5K (2022). In 2022 it made 3 grants totaling $5K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $136,794 | $151,664 | $170,582 |
| Revenue | $14,204 | $8,744 | $6,221 |
| Expenses | $29,074 | $27,662 | $16,072 |
| Qualifying Distributions | $26,727 | $25,393 | $13,939 |
| Net Investment Income | $3,749 | $4,163 | $4,088 |
| Distributable Amount | $11,520 | $11,031 | $10,418 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 9, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Peter Kong-Ming and Mary L New is led by Rose May, Executive Director since 2025 (on filings since 2019); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rose May
Executive Director
Trustee → Family Representative, 2024
Family Representative → Executive Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Aj Faas
President
New on the 2025 filing
1 hr/week
No compensation reported
Peter Hessler
Family Representative
Trustee → Family Representative, 2024
On filings since 2019
1 hr/week
No compensation reported
Carla Guerron Montero
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Thomas May
Family Representative
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: Jennifer Wies (2019–2024) — President
- Former: Neil Hann (2019–2024) — Executive Director
- Former: Gemme Fix (2023) — Secretary
- Former: Michael Paolisso (2021–2022) — President
- Former: Sunil Khanna (2021–2022) — Treasurer
- Former: Sherylyn Briller (2020) — President
- Former: Sandy Ervin (2019) — President
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 Peter Kong-Ming and Mary L New
How large is Peter Kong-Ming and Mary L New?
Peter Kong-Ming and Mary L New reported $137K in total assets on its 2025 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is Peter Kong-Ming and Mary L New?
Peter Kong-Ming and Mary L New is a private foundation focused on N/A, based in Oklahoma City, OK. It holds $137K in total assets as of 2025.
Where does Peter Kong-Ming and Mary L New operate?
Peter Kong-Ming and Mary L New has awarded grants in California, Connecticut, Georgia, Illinois, Louisiana, Massachusetts, Minnesota, New York, Oklahoma, Virginia.
What is Peter Kong-Ming and Mary L New's EIN?
Peter Kong-Ming and Mary L New's EIN (Employer Identification Number) is 73-6257539. 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.
Here's the math on researching Peter Kong-Ming and Mary L New by hand.
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