The TF & JY Shao Foundation
The TF & JY Shao Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 4 grants totaling $66K. Net investment income was $185K.
The TF & JY Shao Foundation at a glance
In short: The TF & JY Shao Foundation gave $66K across 4 grants in 2024 (avg $16K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $65,548
- +30.9% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $16,387
- +30.9% vs 2023
- Median grant
- $17,744
- Total assets
- $1,368,681
- +8.6% vs 2023
- Primary geography
- Texas (57% 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 TF & JY Shao Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Strawn ISD Education Foundation ($37K across 3 grants). Together the top 2 received $66K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 19 grants of 20 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How The TF & JY Shao Foundation gives
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 112% of 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 $50K (2023) to $120K (2022). In 2024 it made 4 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tongji University | Scholarship assistance for 45 students | $28,500 |
| Strawn ISD Education Foundation Strawn, TX | Academic achievement incentive programs | $25,000 |
| Strawn ISD Education Foundation Strawn, TX | After school tutoring and IXL programs | $10,488 |
| Strawn ISD Education Foundation Strawn, TX | Summer Library program and Battle of the Books | $1,560 |
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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 | $1,368,681 | $185,938 | $77,678 | $65,548 | 4 | $76,528 | $184,788 | $68,381 |
| 2023 | $1,260,421 | $-390,324 | $50,067 | $50,065 | 4 | $50,067 | $16,411 | $54,697 |
| 2022 | $1,700,812 | $-68,638 | $135,860 | $119,596 | 5 | $127,546 | $8,107 | $62,202 |
| 2021 | $1,905,310 | $604,971 | $73,333 | $66,224 | 3 | $67,233 | $602,421 | $93,314 |
| 2020 | $1,373,672 | $545,501 | $88,602 | $80,218 | 4 | — | $248,580 | $67,445 |
Under IRS private-foundation payout rules, The TF & JY Shao Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The TF & JY Shao Foundation is led by Tzu Fann Shao, President since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Tzu Fann Shao
President
President & Tr. → President, 2021
On filings since 2020
10 hrs/week
No compensation reported
Wei Ann Bay
Trustee
On filings since 2020
1 hr/week
No compensation reported
Wei Li Shao
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Jeannie Shao (2020–2023) — Secretary
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 TF & JY Shao Foundation
How much does The TF & JY Shao Foundation give each year?
The TF & JY Shao Foundation gave $66K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 4 grants.
What is The TF & JY Shao Foundation's typical grant size?
The TF & JY Shao Foundation's median grant in 2024 was $17,744, and its average grant was $16,387, across 4 grants on its 2024 IRS Form 990-PF.
Where does The TF & JY Shao Foundation give grants?
The TF & JY Shao Foundation gives mostly in Texas: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Strawn, TX (3 grants).
Does The TF & JY Shao Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The TF & JY Shao Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is The TF & JY Shao Foundation?
The TF & JY Shao Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $77K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).
What is The TF & JY Shao Foundation's EIN?
The TF & JY Shao Foundation's EIN (Employer Identification Number) is 75-2897359. 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
Live grants for the work The TF & JY Shao Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Alamo Kiwanis Club Charities Funding Request Due October 31, 2026
- Women's Health Fund Grants Circle of Friends: Up to $2,000; Women's Giving Circle: In excess of $2,000 · Due October 31, 2026
- Besse Johnson & George Blanton Allen Memorial Foundation Grant Average grant $1,000–$5,000 · Due October 31, 2026
Explore Open Grants
Browse active grant opportunities in The TF & JY Shao Foundation's focus areas in our free grants database
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