Phoeng Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MENLO PARK, CA. IRS filing data is available from 2019 through 2021. As of 2021, the organization holds $6.3M in total assets. In 2021, it awarded 5 grants totaling $333K. Net investment income was $1.9M.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$6.3M
+33.4% YoY
Annual Giving
$333K
+66500.0% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$67K
+13220.0% YoY
Under IRS private-foundation payout rules, Phoeng Foundation reported a distributable amount of $284K for 2021 — the minimum it must pay out in qualifying distributions.
About Phoeng Foundation
Based on IRS filings
Phoeng Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MENLO PARK, CA. IRS filing data is available from 2019 through 2021. As of 2021, the organization holds $6.3M in total assets. In 2021, it awarded 5 grants totaling $333K. Net investment income was $1.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 | 2019 |
|---|---|---|---|
| Total Assets | $6,291,817 | $4,717,843 | — |
| Revenue | $2,050,312 | $-1,238,679 | — |
| Expenses | $476,138 | $136,880 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,935,501 | $110,239 | — |
| Distributable Amount | $284,112 | $274,283 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2021
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include National Taiwan University ($200,000), National Chung Hsin University ($80,000), Taiwanese American Historical Socie ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL CHENCHI UNIVERSITY | EDUCATION | $20,000 |
| TAIWANESE AMERICAN HISTORICAL SOCIE SAN GABRIEL, CA | EDUCATION | $30,000 |
| COALITION TO SALUTE AMERICA'S HEROE SPRINGFIELD, VA | GENERAL FUND | $3,000 |
| NATIONAL TAIWAN UNIVERSITY | EDUCATION | $200,000 |
| NATIONAL CHUNG HSIN UNIVERSITY | EDUCATION | $80,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR HWALIN LEE | MANAGER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Phoeng Foundation?
Phoeng Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MENLO PARK, CA. It holds $6.3M in total assets as of 2021.
How large is Phoeng Foundation?
As of 2021, Phoeng Foundation holds $6.3M in total assets with $2.1M in annual revenue. It awarded 5 grants totaling $333K in 2021.
Where does Phoeng Foundation operate?
Phoeng Foundation has awarded grants in California, District of Columbia, Virginia.
What size grants does Phoeng Foundation award?
In 2021, Phoeng Foundation awarded 5 grants totaling $333K — an average of about $67K per grant, based on its IRS Form 990 filings.
How much is Phoeng Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Phoeng Foundation reported a distributable amount of $284K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Phoeng Foundation's EIN?
Phoeng Foundation's EIN (Employer Identification Number) is 27-3698530. IRS Form 990 filing data is available on this page for 2019–2021.
Explore Open Grants
Browse active grant opportunities in Phoeng Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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