Stephen and Aegean Family Foundation
Stephen and Aegean Family Foundation is a private foundation, based in San Jose, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $235K in total assets. In 2025, it awarded 2 grants totaling $889. Net investment income was $8K.
Stephen and Aegean Family Foundation at a glance
In short: Stephen and Aegean Family Foundation gave $889 across 2 grants in 2025 (avg $444.5), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $889
- +1.7% vs 2024
- Grants made (2025)
- 2
- -66.7% vs 2024
- Average grant
- $445
- +205.1% vs 2024
- Median grant
- $445
- Total assets
- $234,683
- +2.3% 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 Stephen and Aegean Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Double Portion Media ($510). Together the top 2 received $889.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Stephen and Aegean Family Foundation gives
- Giving fell 72% from 2022 to 2025. Method
- In 2025 it paid out 19% 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 $874 (2024) to $19K (2020). In 2025 it made 2 grants totaling $889.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Double Portion Media Santa Clara, CA | To produce high-quality programs, convey positive values, and expand community services; To spread love and blessings to Chinese people near and far, combining faith and action to create community influence. | $510 |
| California Academy of Sciences San Francisco, CA | To regenerate the natural world through science, learning, and collaboration. | $379 |
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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 | $234,683 | $7,516 | $2,179 | $889 | 2 | $2,179 | $7,516 | $11,312 |
| 2024 | $229,346 | $7,500 | $2,168 | $874 | 6 | $2,168 | $7,500 | $11,046 |
| 2023 | $224,014 | $7,500 | $8,968 | $2,514 | 4 | $8,968 | $7,500 | $10,947 |
| 2022 | $225,482 | $6,250 | $5,937 | $3,228 | 6 | $5,937 | $6,250 | $10,977 |
| 2021 | $225,169 | $38,648 | $13,207 | $11,727 | 10 | — | $38,648 | $10,544 |
| 2020 | $199,728 | $20,946 | $20,830 | $19,337 | 10 | — | $20,946 | $10,604 |
Under IRS private-foundation payout rules, Stephen and Aegean Family Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Stephen and Aegean Family Foundation is led by Wei-Ping S. Sun, President & CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wei-Ping S. Sun
President & CEO
On filings since 2020
2 hrs/week
No compensation reported
I-Chin A. Lee
Secretary
On filings since 2020
1 hr/week
No compensation reported
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 Stephen and Aegean Family Foundation
How much does Stephen and Aegean Family Foundation give each year?
Stephen and Aegean Family Foundation gave $889 across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $874 across 6 grants.
How large is Stephen and Aegean Family Foundation?
Stephen and Aegean Family Foundation reported $235K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $11K (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.
Where does Stephen and Aegean Family Foundation operate?
Stephen and Aegean Family Foundation has awarded grants in California, Colorado, Delaware, Florida, Utah.
What is Stephen and Aegean Family Foundation's EIN?
Stephen and Aegean Family Foundation's EIN (Employer Identification Number) is 27-1173211. 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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