Phi Lambda USA Charitable Trust
Phi Lambda USA Charitable Trust is a private foundation focused on Arts, Culture & Humanities, based in North Bellmore, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $213K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $11K.
Phi Lambda USA Charitable Trust at a glance
In short: Phi Lambda USA Charitable Trust gave $3K across 1 grant in 2025 (avg $3K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,000
- Grants made (2025)
- 1
- Average grant
- $3,000
- Median grant
- $3,000
- Total assets
- $212,559
- +17.2% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Phi Lambda USA Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was SDSU Campanile Foundation ($3K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Phi Lambda USA Charitable Trust gives
- Giving grew 2400% from 2022 to 2025. Method
- In 2025 it paid out 31% 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 2022 to 2025, annual grant giving ranged from $120 (2022) to $3K (2025). In 2025 it made 1 grant totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SDSU Campanile Foundation San Diego, CA | Supporting an oral history project Preserving Voices: Chinese American Oral History. | $3,000 |
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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 | $212,559 | $36,168 | $32,752 | $3,000 | 1 | $3,000 | $10,593 | $9,790 |
| 2024 | $181,310 | $20,501 | $9,667 | — | — | — | $8,407 | $8,792 |
| 2023 | $160,897 | $36,908 | $31,740 | $680 | 1 | $680 | $5,449 | $7,531 |
| 2022 | $142,684 | $20,199 | $17,609 | $120 | 1 | $120 | $6,127 | $6,838 |
| 2021 | $156,866 | $52,742 | $826 | — | — | $33,830 | $17,761 | $7,375 |
| 2020 | $140,297 | $9,755 | $5,604 | — | — | — | $3,651 | $6,164 |
Under IRS private-foundation payout rules, Phi Lambda USA Charitable Trust reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Phi Lambda USA Charitable Trust is led by Lilly Cheng, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lilly Cheng
President
On filings since 2024
5 hrs/week
No compensation reported
Michael Shiang
Vice President
On filings since 2024
5 hrs/week
No compensation reported
Cheng-jen Tsai
Treasurer
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (6)
- Former: Cheng jen Tsai (2022–2024) — Treasurer
- Former: Betty Hsieh (2022–2023) — President
- Former: Stephanie Yang (2022–2023) — Vice President
- Former: Patrick Kuo (2020–2021) — President
- Former: Robert Woo (2020–2021) — Secretary
- Former: Y P Chan (2020–2021) — Vice 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 Phi Lambda USA Charitable Trust
How much does Phi Lambda USA Charitable Trust give each year?
Phi Lambda USA Charitable Trust gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Phi Lambda USA Charitable Trust?
Phi Lambda USA Charitable Trust reported $213K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $10K (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 Phi Lambda USA Charitable Trust?
Phi Lambda USA Charitable Trust is a private foundation focused on Arts, Culture & Humanities, based in North Bellmore, NY. It holds $213K in total assets as of 2025.
Where does Phi Lambda USA Charitable Trust operate?
Phi Lambda USA Charitable Trust has awarded grants in California, New York.
What is Phi Lambda USA Charitable Trust's EIN?
Phi Lambda USA Charitable Trust's EIN (Employer Identification Number) is 13-3058101. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 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 May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Phi Lambda USA Charitable Trust funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Phi Lambda USA Charitable Trust's focus areas in our free grants database
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