The Y C Hohelen and Michael Chiang
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 at a glance
In short: The Y C Hohelen and Michael Chiang gave $3.4M across 54 grants in 2025 (avg $63K), mostly in New York. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,423,200
- -1.0% vs 2024
- Grants made (2025)
- 54
- -6.9% vs 2024
- Average grant
- $63,393
- +6.3% vs 2024
- Median grant
- $40,000
- Total assets
- $86,805,193
- +6.9% vs 2024
- New grantees (estimate)
- 14% first-time grantees (7 of 50, 2025)
- Primary geography
- New York (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Y C Hohelen and Michael Chiang
- 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 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fidelity Charitable Gift Fund ($450K). Together the top 10 received $1.7M.
Organizations only. It also paid 1 grant to individuals ($70,000), which are not listed by name.
Grant Size Distribution
279 grants across all recorded years
The most common grant size was under $50K: 129 grants of 279 (46%).
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 2025 grant dollars across all 54 itemized grants.
States
Cities
Is The Y C Hohelen and Michael Chiang open to new grantees?
14%
first-time grantees, 2025
In 2025, 7 of 50 grantees (14%) were first-time recipients. First grants averaged $57K; repeat grants $70K. How we count
Medians: $65K first-time, $50K repeat.
- 66% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 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 (2020–2025). 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 2025, annual grant giving ranged from $3.2M (2020) to $3.9M (2023). In 2025 it made 54 grants totaling $3.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund New York, NY | General Support to Giving Account 1011752 | $450,000 |
| Harvard College Fund Cambridge, MA | General Support | $200,000 |
| Icahn School of Medicine at Mount Sinaicenter to Advance Palliative Care New York, NY | General support for the center to advance palliative care | $200,000 |
| Englewood Hospital and Medical Center Foundation Englewood, NJ | General Support | $150,000 |
| National Children's Chorus New York, NY | General Support | $150,000 |
| Memorial Sloan-Kettering Cancer Center New York, NY | Advanced practice provider (APP) fellowship in pain and palliative (supportive) care | $120,000 |
| Children's Hospital Corporation DBA Boston Children's Hospital Boston, MA | Pediatric Advanced Care Team Social Work Fellowship | $100,000 |
| Childrens Hospital of Philadelphia Philadelphia, PA | Pediatric Hospice and Palliative Medicine Fellowship Training Program | $100,000 |
| Columbia University Irving Medical Center New York, NY | Dedicated Chaplain for Cuimc Pediatric Palliative Program | $100,000 |
| Icahn School of Medicine at Mount Sinainational Palliative Care Research Ce New York, NY | General support for the national palliative care research center | $100,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 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 reported a distributable amount of $4.4M for 2025 — 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.
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 is led by Bessie Chiang MD, Director, President & Treasurer on every filing since 2020; 3 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bessie Chiang MD
Director, President & Treasurer
On filings since 2020
20 hrs/week
$75K (2020) → $62K (2025)
Carol Gallo
Executive Director & Assistant Secretary
On filings since 2020
30 hrs/week
$132K (2020) → $181K (2025)
Carol Chiang-Li
Director & Assistant Secretary
On filings since 2020
20 hrs/week
$14K (2024) → $18K (2025)
Helen Chiang
Director & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $181K, 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
How much does The Y C Hohelen and Michael Chiang give each year?
The Y C Hohelen and Michael Chiang gave $3.4M across 54 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.5M across 58 grants.
What is The Y C Hohelen and Michael Chiang's typical grant size?
The Y C Hohelen and Michael Chiang's median grant in 2025 was $40,000, and its average grant was $63,393, across 54 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Y C Hohelen and Michael Chiang that year got $57K on average.
Where does The Y C Hohelen and Michael Chiang give grants?
The Y C Hohelen and Michael Chiang gives mostly in New York: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (12%) and New Jersey (6%). The most frequent recipient cities were New York, NY (21 grants), Schaumburg, IL (2 grants) and Washington, DC (2 grants).
Does The Y C Hohelen and Michael Chiang give general operating support?
Yes: 48% of The Y C Hohelen and Michael Chiang's 2025 grants with a stated purpose (26 of 54) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Y C Hohelen and Michael Chiang's largest grantees?
The Y C Hohelen and Michael Chiang's largest 2025 grantees include Fidelity Charitable Gift Fund ($450,000), Harvard College Fund ($200,000) and Icahn School of Medicine at Mount Sinaicenter to Advance Palliative Care ($200,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($70,000), which are not listed by name. Together they received 25% of its itemized 2025 grant dollars.
How large is The Y C Hohelen and Michael Chiang?
The Y C Hohelen and Michael Chiang reported $86.8M in total assets on its 2025 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $4.4M (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 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?
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's EIN?
The Y C Hohelen and Michael Chiang's EIN (Employer Identification Number) is 05-0613835. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Y C Hohelen and Michael Chiang 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 October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). The Y C Hohelen and Michael Chiang funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/the-y-c-hohelen-and-michael-chiang-morg_1828c46cae7140b890a0cdaed1a0f544
BibTeX
@misc{grantable_050613835_2026,
author = {{Grantable}},
title = {{The Y C Hohelen and Michael Chiang funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-y-c-hohelen-and-michael-chiang-morg_1828c46cae7140b890a0cdaed1a0f544},
note = {Accessed 2026-10-22. 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'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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