The Leo Koguan Foundation

Private foundation · Grantmaker Somerset, NJ EIN: 32-0065960

The Leo Koguan Foundation is a private foundation, based in Somerset, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 5 grants totaling $2.2M. Net investment income was $791.

Key facts about The Leo Koguan Foundation

In short: The Leo Koguan Foundation gave $2.2M across 5 grants in 2025 (avg $432K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
32-0065960
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,159,600
Grants made (2025)
5
Average grant
$431,920
Median grant
$335,000
Total assets
$2,310,261
Primary geography
Florida (55% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

+1.6% YoY

Annual Giving

$2.2M

+27.6% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$432K

-23.4% YoY

Under IRS private-foundation payout rules, The Leo Koguan Foundation reported a distributable amount of $244K for 2025 — the minimum it must pay out in qualifying distributions.

How The Leo Koguan Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−4%). Method
  • In 2025 it paid out 887% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Lehigh AcresMillbraeLa JollaLos AngelesNew YorkStamfordCambridge

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M4 grants2019 3 grants2020 7 grants2021 2 grants2022 3 grants2023 3 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $1.7M (2024) to $4.4M (2019). In 2025 it made 5 grants totaling $2.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Jiao Tung Univ Alumni Foundation of America Inc: $1.2MJiao Tung Univ AlumniFoundation of America Inc$1.2MPeking University Educational Foundation USA: $470KPeking University EducationalFoundation USA$470KTsinghua University: $335KTsinghua University$335KForbes Global CEO Conference Sponsorship: $125KForbes Global CEO ConferenceSponsorship$125KFudan University Education Development Foundation: $35KFudan University EducationDevelopment Foundation$35K

The largest 2025 recipient was Jiao Tung Univ Alumni Foundation of America Inc ($1.2M). Together the top 5 received $2.2M.

Grant Size Distribution

20 grants across all recorded years

3<$50K4$50–100K2$100–250K3$250–500K3$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 20 (25%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jiao Tung Univ Alumni Foundation of America Inc Lehigh Acres, FLUnrestricted Use by Donee$1,194,700
Peking University Educational Foundation USA Millbrae, CAUnrestricted Use by Donee$470,100
Tsinghua University For Research and Educational$335,000
Forbes Global CEO Conference Sponsorship Unrestricted Use by Donee$125,000
Fudan University Education Development Foundation La Jolla, CAUnrestricted Use by Donee$34,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,310,261$2,273,060$2,264,341
Revenue$2,205,231$1,708,622$639,076
Expenses$2,168,030$1,699,903$1,811,547
Qualifying Distributions$2,163,590$1,696,110$1,773,082
Net Investment Income$791$4,829$633,972
Distributable Amount$243,883$164,696$180,799

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 10, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 25, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

The Leo Koguan Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Leo Koguan

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Paul Ng

    Treasurer

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The Leo Koguan Foundation

How much does The Leo Koguan Foundation give each year?

The Leo Koguan Foundation gave $2.2M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.7M across 3 grants.

What is The Leo Koguan Foundation's typical grant size?

The Leo Koguan Foundation's median grant in 2025 was $335,000, and its average grant was $431,920, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Leo Koguan Foundation give grants?

The Leo Koguan Foundation gives mostly in Florida: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (23%).

Does The Leo Koguan Foundation give general operating support?

Yes: 80% of The Leo Koguan Foundation's 2025 grants with a stated purpose (4 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Leo Koguan Foundation's largest grantees?

The Leo Koguan Foundation's largest 2025 grantees include Jiao Tung Univ Alumni Foundation of America Inc ($1,194,700), Peking University Educational Foundation USA ($470,100) and Tsinghua University ($335,000), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.

How large is The Leo Koguan Foundation?

The Leo Koguan Foundation reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $244K (roughly 5% of its investment assets).

What is The Leo Koguan Foundation's EIN?

The Leo Koguan Foundation's EIN (Employer Identification Number) is 32-0065960. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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