Sung Family Foundation
Sung Family Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $564K in total assets. In 2025, it awarded 2 grants totaling $25K. Net investment income was $15K.
Sung Family Foundation at a glance
In short: Sung Family Foundation gave $25K across 2 grants in 2025 (avg $13K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,000
- -37.5% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $12,500
- -37.5% vs 2024
- Median grant
- $12,500
- Total assets
- $563,890
- -2.3% vs 2024
- Primary geography
- New York (60% 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 Sung Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Rye Country Day School ($15K). Together the top 2 received $25K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Sung Family Foundation gives
- Giving fell 29% from 2022 to 2025. Method
- In 2025 it paid out 45% 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 $25K (2025) to $40K (2024). In 2025 it made 2 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rye Country Day School Rye, NY | Funding | $15,000 |
| Winston Preparatory Sch Norwalk, CT | Funding | $10,000 |
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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 | $563,890 | $15,117 | $28,217 | $25,000 | 2 | $25,000 | $14,585 | $55,327 |
| 2024 | $576,990 | $43,400 | $42,132 | $40,000 | 2 | $40,000 | $43,120 | $41,171 |
| 2023 | $575,722 | $14,930 | $41,963 | $40,000 | 2 | $40,000 | $14,566 | $31,435 |
| 2022 | $602,755 | $7,147 | $37,020 | $35,000 | 2 | $35,000 | $8,912 | $31,602 |
| 2021 | $632,628 | $13,247 | $33,999 | $32,000 | 3 | $32,000 | $12,905 | $35,489 |
| 2020 | $653,380 | $164,896 | $29,473 | $27,500 | 4 | — | $14,877 | $23,394 |
Under IRS private-foundation payout rules, Sung Family Foundation reported a distributable amount of $55K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Sung Family Foundation is led by Michael L. Sung, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael L. Sung
President
On filings since 2020
5 hrs/week
No compensation reported
Susannah Sung
Vice President & Treasurer
On filings since 2020
5 hrs/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 Sung Family Foundation
How much does Sung Family Foundation give each year?
Sung Family Foundation gave $25K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 2 grants.
How large is Sung Family Foundation?
Sung Family Foundation reported $564K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $55K (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 Sung Family Foundation operate?
Sung Family Foundation has awarded grants in Connecticut, Massachusetts, New York, Pennsylvania.
What is Sung Family Foundation's EIN?
Sung Family Foundation's EIN (Employer Identification Number) is 47-4714136. 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 March 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 23, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Sung Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Sung Family Foundation's focus areas in our free grants database
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