The TF & JY Shao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+8.6% YoY
Annual Giving
$66K
+30.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$16K
+30.9% YoY
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.
About The TF & JY Shao Foundation
Based on IRS filings
The TF & JY Shao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,368,681 | $1,260,421 | $1,700,812 |
| Revenue | $185,938 | $-390,324 | $-68,638 |
| Expenses | $77,678 | $50,067 | $135,860 |
| Qualifying Distributions | $76,528 | $50,067 | $127,546 |
| Net Investment Income | $184,788 | $16,411 | $8,107 |
| Distributable Amount | $68,381 | $54,697 | $62,202 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tongji University ($28,500), Strawn ISD Education Foundation ($25,000), Strawn ISD Education Foundation ($10,488).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| Strawn ISD Education Foundation Strawn, TX | Academic achievement incentive programs | $25,000 |
| Tongji University | Scholarship assistance for 45 students | $28,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tzu Fann Shao | President | 10 | — |
| Wei Ann Bay | Trustee | 1 | — |
| Wei Ming Shao | Trustee | 1 | — |
| Wei Li Shao | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The TF & JY Shao Foundation?
The TF & JY Shao Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $1.4M in total assets as of 2024.
How large is The TF & JY Shao Foundation?
As of 2024, The TF & JY Shao Foundation holds $1.4M in total assets with $186K in annual revenue. It awarded 4 grants totaling $66K in 2024.
Where does The TF & JY Shao Foundation operate?
The TF & JY Shao Foundation has awarded grants in Texas.
What size grants does The TF & JY Shao Foundation award?
In 2024, The TF & JY Shao Foundation awarded 4 grants totaling $66K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The TF & JY Shao Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The TF & JY Shao Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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