The Ping Y Tai Foundation Inc
The Ping Y Tai Foundation Inc is a private foundation established in 1998 and located at 125 Park Avenue, 25th Floor, New York, NY 10017. The foundation operates as an independent 501(c)(3) organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.1M
-0.7% YoY
Annual Giving
$1.0M
-6.8% YoY
Grant Count
24
+0.0% YoY
Avg Grant Size
$43K
-6.8% YoY
Mission & Focus Areas
The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with primary geographic concentration in New York, Virginia, and Texas.
Grantmaking
The foundation distributes approximately $1,000,000 in annual grants. Typical grant awards range from $10,000 to $100,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Virginia, and Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of fiscal year ending November 2023:
- Total Assets: $19,279,025
- Total Revenues: $2,013,881
- Total Expenses: $1,286,919
- Investment Income and Dividends: $605,455
- Total Giving: $1,025,000
The foundation has experienced exceptional growth, with revenue increasing at an average rate of 32.8% annually over the past four years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,141,033 | $19,279,025 | $18,531,979 |
| Revenue | $1,090,670 | $2,013,881 | $1,295,531 |
| Expenses | $1,204,360 | $1,286,919 | $1,362,553 |
| Qualifying Distributions | $1,031,648 | $1,110,602 | $1,195,248 |
| Net Investment Income | $931,310 | $1,860,221 | $1,140,884 |
| Distributable Amount | $1,115,492 | $1,023,297 | $1,114,227 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Michael Duffalo serves as President with annual compensation of $24,000 (as of October 2024).
Yueh Chuen Chen is listed as a trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH SHAPIRO | Treasurer | 5 | $12,000 |
| MICHAEL DUFFALO | President | 12 | $24,000 |
| STEPHANIE FLEISCHER | Secretary | 5 | $12,000 |
Contact Information
Telephone: 212-752-6353
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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