Robert N Chang Foundation
Robert N Chang Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.1M in total assets. In 2025, it awarded 4 grants totaling $384K. Net investment income was $599K.
Robert N Chang Foundation at a glance
In short: Robert N Chang Foundation gave $384K across 4 grants in 2025 (avg $96K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $383,551
- -3.9% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $95,888
- +20.2% vs 2024
- Median grant
- $93,625
- Total assets
- $8,095,280
- +0.6% vs 2024
- Primary geography
- California (86% 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 Robert N Chang Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was GIVE2ASIA ($156K). Together the top 4 received $384K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was in the $50–100K range: 16 grants of 23 (70%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Robert N Chang Foundation gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 99% 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 $334K (2020) to $422K (2022). In 2025 it made 4 grants totaling $384K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GIVE2ASIA San Franciso, CA | Unrestricted General | $156,301 |
| San Jose Community College District Fdn San Jose, CA | Unrestricted General | $132,250 |
| University of Washington Foundation Seattle, WA | Unrestricted General | $55,000 |
| Peking University Education Foundation San Mateo, CA | Unrestricted General | $40,000 |
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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 | $8,095,280 | $683,742 | $648,482 | $383,551 | 4 | $499,138 | $598,996 | $501,777 |
| 2024 | $8,044,965 | $931,274 | $650,087 | $398,926 | 5 | $489,405 | $763,716 | $465,573 |
| 2023 | $7,776,570 | $244,694 | $661,027 | $421,436 | 5 | $504,390 | $90,719 | $451,180 |
| 2022 | $8,181,535 | $630,760 | $670,150 | $422,429 | 5 | $514,665 | $452,532 | $513,943 |
| 2021 | $8,238,778 | $880,325 | $598,111 | $335,956 | 4 | — | $652,701 | $515,971 |
| 2020 | $8,005,847 | $1,141,174 | $517,190 | $334,456 | 4 | — | $1,034,135 | $423,957 |
Under IRS private-foundation payout rules, Robert N Chang Foundation reported a distributable amount of $502K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Robert N Chang Foundation is led by Allan Liu, President on every filing since 2020; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Allan Liu
President
On filings since 2020
6 hrs/week
$23K (2020) → $41K (2025)
James J. Chen
Secretary
On filings since 2020
2 hrs/week
$13K (2020) → $22K (2025)
Vincent J. Chang
CFO
On filings since 2020
3 hrs/week
$15K (2020) → $27K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $41K, to Allan Liu (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Robert N Chang Foundation
How much does Robert N Chang Foundation give each year?
Robert N Chang Foundation gave $384K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $399K across 5 grants.
What is Robert N Chang Foundation's typical grant size?
Robert N Chang Foundation's median grant in 2025 was $93,625, and its average grant was $95,888, across 4 grants on its 2025 IRS Form 990-PF.
Where does Robert N Chang Foundation give grants?
Robert N Chang Foundation gives mostly in California: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Washington (14%).
Does Robert N Chang Foundation give general operating support?
Yes: 100% of Robert N Chang Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Robert N Chang Foundation?
Robert N Chang Foundation reported $8.1M in total assets on its 2025 IRS Form 990-PF. It paid out $499K in qualifying distributions that year, against a required minimum of $502K (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 Robert N Chang Foundation's EIN?
Robert N Chang Foundation's EIN (Employer Identification Number) is 77-0550139. 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 18, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 1, 2026)
- IRS filings on file for fiscal years 2020–2025
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