The Ping Y Tai Foundation Inc
The Ping Y Tai Foundation Inc is a private foundation based in New York, New York. In 2024, it gave $1,025,000 in project and program support to 24 charitable organizations, including organizations working in cancer research and care, hunger relief, and services for older adults.
The Ping Y Tai Foundation Inc at a glance
In short: The Ping Y Tai Foundation Inc gave $1.0M across 24 grants in 2024 (avg $43K), mostly in New York. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,025,000
- -6.8% vs 2023
- Grants made (2024)
- 24
- +0.0% vs 2023
- Average grant
- $42,708
- -6.8% vs 2023
- Median grant
- $40,000
- Total assets
- $19,141,033
- -0.7% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 24, 2024; small sample)
- Primary geography
- New York (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Ping Y Tai Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 125 Park Avenue 25Th Floor, New York, NY 10017
Phone: (212) 752-6353
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Ping Y Tai Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Memorial Sloan-Kettering ($80K). Together the top 10 received $610K.
Grant Size Distribution
119 grants across all recorded years
The most common grant size was under $50K: 67 grants of 119 (56%).
Geographic Focus
Where this funder awards grants
In 2024, 80% of grant dollars went to recipients in New York. Other recipient states were Virginia (6%), Texas (5%), Maryland (5%), and Pennsylvania (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
Cities
Is The Ping Y Tai Foundation Inc open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 24 grantees (0%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.0M (2020) to $1.2M (2022). In 2024 it made 24 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Memorial Sloan-Kettering New York, NY | Project/Program Support | $80,000 |
| The Leukemia Lymphoma Societ New York, NY | Project/Program Support | $80,000 |
| Citymeals-on-Wheels New York, NY | Project/Program Support | $65,000 |
| American Cancer Society New York, NY | Project/Program Support | $60,000 |
| American Diabetes Assoc Research Fo Arlington, VA | Project/Program Support | $60,000 |
| Food Bank for New York City New York, NY | Project/Program Support | $60,000 |
| American Heart Association Dallas, TX | Project/Program Support | $55,000 |
| American Red Cross New York, NY | Project/Program Support | $55,000 |
| Alzheimers Disease Research Clarksburg, MD | Project/Program Support | $55,000 |
| Lighthouse International New York, NY | Project/Program Support | $40,000 |
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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 | $19,141,033 | $1,090,670 | $1,204,360 | $1,025,000 | 24 | $1,031,648 | $931,310 | $1,115,492 |
| 2023 | $19,279,025 | $2,013,881 | $1,286,919 | $1,100,000 | 24 | $1,110,602 | $1,860,221 | $1,023,297 |
| 2022 | $18,531,979 | $1,295,531 | $1,362,553 | $1,185,000 | 24 | $1,195,248 | $1,140,884 | $1,114,227 |
| 2021 | $18,623,645 | $1,807,936 | $1,273,473 | $1,060,000 | 24 | — | $1,635,611 | $1,205,308 |
| 2020 | $18,063,904 | $646,833 | $1,144,434 | $1,000,000 | 23 | — | $517,778 | $1,066,983 |
Under IRS private-foundation payout rules, The Ping Y Tai Foundation Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated missions include cancer prevention, treatment, research, and patient support; food security and meal delivery; and diabetes research. For example, Citymeals-on-Wheels says it provides food and human company to homebound older New Yorkers, while Food Bank for New York City says it works to help New Yorkers achieve food security.
Grantmaking
In 2024, the foundation reported 24 grants totaling $1,025,000. Grants ranged from $10,000 to $80,000, with a median of $40,000. Listed grants included $80,000 each to Memorial Sloan-Kettering and the Leukemia & Lymphoma Society; $65,000 to Citymeals-on-Wheels; and $60,000 each to the American Cancer Society, American Diabetes Association Research Foundation, and Food Bank for New York City. The listed purposes were project or program support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michael Duffalo as President, Kenneth Shapiro as Treasurer, and Stephanie Fleischer as Secretary.
The Ping Y Tai Foundation Inc is led by Michael Duffalo, President on every filing since 2020; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Duffalo
President
On filings since 2020
12 hrs/week
$24K (2020) → $24K (2024)
Kenneth Shapiro
Treasurer
On filings since 2020
5 hrs/week
$2K (2020) → $12K (2024)
Stephanie Fleischer
Secretary
On filings since 2020
5 hrs/week
$2K (2020) → $12K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $24K, to Michael Duffalo (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Ping Y Tai Foundation Inc
How much does The Ping Y Tai Foundation Inc give each year?
The Ping Y Tai Foundation Inc gave $1.0M across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 24 grants.
What is The Ping Y Tai Foundation Inc's typical grant size?
The Ping Y Tai Foundation Inc's median grant in 2024 was $40,000, and its average grant was $42,708, across 24 grants on its 2024 IRS Form 990-PF.
Where does The Ping Y Tai Foundation Inc give grants?
The Ping Y Tai Foundation Inc gives mostly in New York: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (6%) and Texas (5%). The most frequent recipient cities were New York, NY (18 grants).
Does The Ping Y Tai Foundation Inc give general operating support?
Not in 2024: none of the 24 grants with a stated purpose on The Ping Y Tai Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Project/Program Support" (24 grants).
Who are The Ping Y Tai Foundation Inc's largest grantees?
The Ping Y Tai Foundation Inc's largest 2024 grantees include Memorial Sloan-Kettering ($80,000), The Leukemia Lymphoma Societ ($80,000) and Citymeals-on-Wheels ($65,000), according to its 2024 IRS Form 990-PF. Together they received 22% of its itemized 2024 grant dollars.
How large is The Ping Y Tai Foundation Inc?
The Ping Y Tai Foundation Inc reported $19.1M 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 $1.1M (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.
What does The Ping Y Tai Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated missions include cancer prevention, treatment, research, and patient support; food security and meal delivery; and diabetes research. See mission & focus areas ↑
How do I apply for a grant from The Ping Y Tai Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Ping Y Tai Foundation Inc's EIN?
The Ping Y Tai Foundation Inc's EIN (Employer Identification Number) is 13-3980789. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Ping Y Tai Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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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Cite this profile
Grantable. (2026). The Ping Y Tai Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-ping-y-tai-foundation-inc-morg_2808a00101df4672afcc80c00b8b6f6c
BibTeX
@misc{grantable_133980789_2026,
author = {{Grantable}},
title = {{The Ping Y Tai Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-ping-y-tai-foundation-inc-morg_2808a00101df4672afcc80c00b8b6f6c},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Ping Y Tai Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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