The Hsiao Family Foundation
The Hsiao Family Foundation is a private foundation, based in Cambridge, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 1 grant totaling $1.0M. Net investment income was $210K.
The Hsiao Family Foundation at a glance
In short: The Hsiao Family Foundation gave $1.0M across 1 grant in 2024 (avg $1.0M), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,000,000
- +1900.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $1,000,000
- +1900.0% vs 2023
- Median grant
- $1,000,000
- Total assets
- $181,970
- -79.2% vs 2023
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Hsiao Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Goshen College ($1.0M).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How The Hsiao Family Foundation gives
- Giving grew 3900% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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 2024, annual grant giving ranged from $25K (2021) to $1.0M (2024). In 2024 it made 1 grant totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Goshen College Goshen, IN | Public Charity | $1,000,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $181,970 | $315,972 | $1,009,395 | $1,000,000 | 1 | $1,003,677 | $210,147 | $25,546 |
| 2023 | $875,393 | $57,494 | $58,543 | $50,000 | 1 | $50,000 | $12,698 | $46,578 |
| 2022 | $876,442 | $127,824 | $47,489 | $36,000 | 2 | $36,000 | $27,824 | $39,702 |
| 2021 | $814,882 | $363,142 | $41,135 | $25,000 | 1 | $35,235 | $225,531 | $31,347 |
| 2020 | $447,077 | $120,915 | $165,708 | $150,000 | 1 | — | $3,676 | $28,228 |
Under IRS private-foundation payout rules, The Hsiao Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hsiao Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
William C. Hsiao
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Douglas Ys Hsaio
Trustee
On filings since 2021
1 hr/week
No compensation reported
Vivian Wenhuey Chen
Attorney & Investment Advisor
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Douglas Y S Hsiao (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 The Hsiao Family Foundation
How much does The Hsiao Family Foundation give each year?
The Hsiao Family Foundation gave $1.0M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.
How large is The Hsiao Family Foundation?
The Hsiao Family Foundation reported $182K in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
Where does The Hsiao Family Foundation operate?
The Hsiao Family Foundation has awarded grants in California, Indiana, Massachusetts.
What is The Hsiao Family Foundation's EIN?
The Hsiao Family Foundation's EIN (Employer Identification Number) is 04-3140032. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
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