The Y C Hohelen and Michael Chiang Foundation
The Y.C. Ho/Helen and Michael Chiang Foundation is a private foundation based in Harrison, an individual recipient Formed in 2004 through a bequest from Y.C. Ho, it began funding in its mission area in 2008. The foundation’s mission is to improve the quality of life for patients and families facing serious illnesses, with a focus on palliative care.
The Y C Hohelen and Michael Chiang Foundation at a glance
In short: The Y C Hohelen and Michael Chiang Foundation gave $3.8M across 57 grants in 2026 (avg $67K), top state New York. 19% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $3,837,535
- +12.1% vs 2025
- Grants made (2026)
- 57
- +5.6% vs 2025
- Average grant
- $67,325
- +6.2% vs 2025
- Median grant
- $50,000
- Total assets
- $92,843,462
- +7.0% vs 2025
- New grantees (estimate)
- 19% first-time grantees (10 of 52, 2026)
- Primary geography
- New York (46% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Y C Hohelen and Michael Chiang Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Co Pkfod 500 Mamaroneck Ave, Harrison, NY 10528-1633
Phone: (646) 449-6310
Website: https://hochiangfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Y C Hohelen and Michael Chiang Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Fidelity Charitable Gift Fund ($500K). Together the top 10 received $2.0M.
Grant Size Distribution
283 grants across all recorded years
The most common grant size was under $50K: 133 grants of 283 (47%).
Geographic Focus
Where this funder awards grants
The foundation primarily seeks to fund organizations in the an individual recipient City metropolitan area, while its website states that it hopes its grants will ultimately help improve care for seriously ill patients across the United States. In 2025, 63% of grant dollars went to recipients in an individual recipient, 12% to Massachusetts, 6% to New Jersey, 5% to Illinois, and 4% to Pennsylvania.
Grant Distribution by State
Share of 2026 grant dollars across all 57 itemized grants.
States
Cities
Is The Y C Hohelen and Michael Chiang Foundation open to new grantees?
19%
first-time grantees, 2026
In 2026, 10 of 52 grantees (19%) were first-time recipients. First grants averaged $61K; repeat grants $77K. How we count
Medians: $33K first-time, $50K repeat.
- 67% of 2026 grantees were also funded in 2025. Method
- Giving held roughly steady from 2023 to 2026 (−2%). Method
- In 2026 it paid out 90% 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 (2020–2026). 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 2026, annual grant giving ranged from $3.2M (2020) to $3.9M (2023). In 2026 it made 57 grants totaling $3.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund Boston, MA | General Support for Giving Account 1011752 | $500,000 |
| Icahn School of Medicine at Mount Sinai New York, NY | General support for the center to advance palliative care | $250,000 |
| President and Fellows of Harvard College Cambridge, MA | General Support | $200,000 |
| Englewood Hospital and Medical Center Foundation Englewood, NJ | General Support | $150,000 |
| Memorial Sloan-Kettering Cancer Center New York, NY | Advanced practice provider fellowship in pain and palliative (supportive) care | $150,000 |
| National Children's Chorus New York, NY | General Support | $150,000 |
| Children's Hospital Corporation DBA Boston Children's Hospital Boston, MA | Pediatric Advanced Care Team Social Work Fellowship | $120,000 |
| Children's Hospital of Philadelphia Philadelphia, PA | Pediatric Hospice and Palliative Medicine Fellowship | $120,000 |
| Dana-Farber Cancer Institute Boston, MA | Nurse Practitioner Fellowship in Palliative Care | $120,000 |
| Newyork-Presbyterian Fund Inc New York, NY | Palliative care chaplain fellow & assistant faculty for geriatrics & palliative care fellowship programs at nyp weill cornell | $120,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | $92,843,462 | $2,692,755 | $4,322,795 | $3,837,535 | 57 | $4,287,795 | $2,692,755 | $4,784,813 |
| 2025 | $86,805,193 | $3,039,729 | $3,949,983 | $3,423,200 | 54 | $3,909,983 | $3,039,729 | $4,355,528 |
| 2024 | $81,210,224 | $2,869,000 | $3,954,835 | $3,458,939 | 58 | $3,915,097 | $2,869,000 | $3,996,451 |
| 2023 | $77,393,231 | $1,855,663 | $4,370,181 | $3,926,950 | 58 | $4,330,181 | $2,713,460 | $3,744,296 |
| 2022 | $78,949,700 | $2,650,982 | $3,837,899 | $3,419,180 | 56 | $3,802,899 | $2,650,986 | $4,274,873 |
| 2021 | $84,282,173 | $2,657,609 | $3,775,822 | $3,363,215 | 53 | — | $2,605,933 | $3,866,792 |
| 2020 | $70,860,527 | $2,865,370 | $3,620,889 | $3,236,730 | 53 | — | $2,864,770 | $3,661,943 |
Under IRS private-foundation payout rules, The Y C Hohelen and Michael Chiang Foundation reported a distributable amount of $4.8M for 2026 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s mission is to help improve the quality of life for patients and families facing serious illnesses. It gives particular attention to practitioner education and training, especially for nurses, social workers, and chaplains; nearly 30% of its serious illness-related funding is directed toward pediatric patients and families, according to its website.
Examples of supported work include the pediatric advanced-care social work fellowship at Boston Children’s Hospital, pediatric hospice and palliative medicine fellowship training at Children’s Hospital of Philadelphia, and a chaplain for Columbia University Irving Medical Center’s pediatric palliative program. The grantee organizations describe their own missions in varied terms: Memorial Sloan Kettering Cancer Center emphasizes cancer prevention, treatment, and research; the American Academy of Hospice and Palliative Medicine advances physician practice, research, and education in palliative medicine; and Courageous Parents Network supports families of children with life-limiting illness.
Grantmaking
In 2025, the foundation reported 54 grants totaling $3,423,200. Grants ranged from $3,500 to $450,000, with a median of $40,000. Among the largest were $450,000 to Fidelity Charitable Gift Fund for general support to a giving account; $200,000 each to Harvard College Fund for general support and to the Icahn School of Medicine at Mount Sinai’s Center to Advance Palliative Care for general support; and $150,000 each to Englewood Hospital and Medical Center Foundation for general support and National Children’s Chorus for general support. Its 2026 filing, the latest on this page, reports 57 grants totaling $3.8 million.
Other 2025 awards included $120,000 to Memorial Sloan-Kettering Cancer Center for an advanced practice provider fellowship in pain and palliative care, and $100,000 each to Boston Children’s Hospital for a pediatric advanced care team social work fellowship and Children’s Hospital of Philadelphia for pediatric hospice and palliative medicine fellowship training. The foundation’s website says applications are by invitation only and completed online.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bessie Chiang, MD, as director and president/treasurer; Helen Chiang as director and secretary; Carol Chiang-Li as director and assistant secretary; and Carol Gallo as executive director and assistant secretary.
The Y C Hohelen and Michael Chiang Foundation is led by Bessie Chiang MD, Director, President & Treasurer on every filing since 2020; 3 of 4 officers listed in 2026 are compensated.
Officers on the 2026 filing
Bessie Chiang MD
Director, President & Treasurer
On filings since 2020
20 hrs/week
$75K (2020) → $61K (2026)
Carol Gallo
Executive Director & Assistant Secretary
On filings since 2020
30 hrs/week
$132K (2020) → $188K (2026)
Carol Chiang-Li
Director & Assistant Secretary
On filings since 2020
20 hrs/week
$14K (2024) → $12K (2026)
Helen Chiang
Director & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $188K, to Carol Gallo (Executive Director, Asst Secretary). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Y C Hohelen and Michael Chiang Foundation
How much does The Y C Hohelen and Michael Chiang Foundation give each year?
The Y C Hohelen and Michael Chiang Foundation gave $3.8M across 57 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $3.4M across 54 grants.
What is The Y C Hohelen and Michael Chiang Foundation's typical grant size?
The Y C Hohelen and Michael Chiang Foundation's median grant in 2026 was $50,000, and its average grant was $67,325, across 57 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from The Y C Hohelen and Michael Chiang Foundation that year got $61K on average.
Where does The Y C Hohelen and Michael Chiang Foundation give grants?
The Y C Hohelen and Michael Chiang Foundation's top state is New York, with 46% of the grant dollars itemized on its 2026 IRS Form 990-PF. The next largest states were Massachusetts (28%) and New Jersey (6%). The most frequent recipient cities were New York, NY (23 grants) and Boston, MA (4 grants).
Does The Y C Hohelen and Michael Chiang Foundation give general operating support?
Yes: 44% of The Y C Hohelen and Michael Chiang Foundation's 2026 grants with a stated purpose (25 of 57) were for general or operating support, per its 2026 IRS Form 990-PF.
Who are The Y C Hohelen and Michael Chiang Foundation's largest grantees?
The Y C Hohelen and Michael Chiang Foundation's largest 2026 grantees include Fidelity Charitable Gift Fund ($500,000), Icahn School of Medicine at Mount Sinai ($335,000 across 3 grants) and President and Fellows of Harvard College ($200,000), according to its 2026 IRS Form 990-PF. Together they received 27% of its itemized 2026 grant dollars.
How large is The Y C Hohelen and Michael Chiang Foundation?
The Y C Hohelen and Michael Chiang Foundation reported $92.8M in total assets on its 2026 IRS Form 990-PF. It paid out $4.3M in qualifying distributions that year, against a required minimum of $4.8M (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 Y C Hohelen and Michael Chiang Foundation fund?
The foundation’s mission is to help improve the quality of life for patients and families facing serious illnesses. See mission & focus areas ↑
How do I apply for a grant from The Y C Hohelen and Michael Chiang Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Y C Hohelen and Michael Chiang Foundation's EIN?
The Y C Hohelen and Michael Chiang Foundation's EIN (Employer Identification Number) is 05-0613835. IRS Form 990 filing data is available on this page for 2020–2026.
Does The Y C Hohelen and Michael Chiang Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS September 14, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Y C Hohelen and Michael Chiang Foundation funds
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Cite this profile
Grantable. (2026). The Y C Hohelen and Michael Chiang Foundation funder profile. GrantGraph. Retrieved November 2, 2026, from https://grantable.co/funders/the-y-c-hohelen-and-michael-chiang-foundation-morg_1828c46cae7140b890a0cdaed1a0f544
BibTeX
@misc{grantable_050613835_2026,
author = {{Grantable}},
title = {{The Y C Hohelen and Michael Chiang Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-y-c-hohelen-and-michael-chiang-foundation-morg_1828c46cae7140b890a0cdaed1a0f544},
note = {Accessed 2026-11-02. 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 Y C Hohelen and Michael Chiang Foundation'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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