Tsuo & Leu Angels Foundation
Tsuo & Leu Angels Foundation is a private foundation focused on Human Services, based in Elmwood Park, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 9 grants totaling $381K. Net investment income was $1.6M.
Tsuo & Leu Angels Foundation at a glance
In short: Tsuo & Leu Angels Foundation gave $381K across 9 grants in 2024 (avg $42K), top state New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $381,000
- Grants made (2024)
- 9
- Average grant
- $42,333
- Median grant
- $50,000
- Total assets
- $9,176,601
- +8242.4% vs 2023
- Primary geography
- New York (0% 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 Tsuo & Leu Angels Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Hong Zong Tao Institute Foundation ($220K across 3 grants). Together the top 4 received $381K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 4 grants of 9 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
How Tsuo & Leu Angels Foundation gives
- In 2024 it paid out 137% 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
In 2024 it made 9 grants totaling $381K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hong Zong Tao Institute Foundation | Charity | $100,000 |
| Hong Zong Tao Institute Foundation | Charity | $100,000 |
| Thammaku Paisal Foundation | Charity | $50,000 |
| Pertubuhan Sosial Dan Rekreasi Komu | Charity | $50,000 |
| Thammaku Paisal Foundation | Charity | $50,000 |
| Hong Zong Tao Institute Foundation | Charity | $20,000 |
| Thammaku Paisal Foundation | Charity | $5,000 |
| Pertubuhan Sosial Dan Rekreasi Komu | Charity | $5,000 |
| The Zigen Fund Flushing, NY | Charity | $1,000 |
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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 | $9,176,601 | $9,094,756 | $566,060 | $381,000 | 9 | $421,590 | $1,620,475 | $307,673 |
| 2023 | $110,000 | $110,000 | $6,600 | — | — | $6,600 | — | $386 |
Under IRS private-foundation payout rules, Tsuo & Leu Angels Foundation reported a distributable amount of $308K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Tsuo & Leu Angels Foundation is led by John Tsuo, CEO on every filing since 2023; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
John Tsuo
CEO
On filings since 2023
1 hr/week
$21K (2024)
Kuo Pin Tsai
Manager
On filings since 2023
1 hr/week
$3K (2024)
Kwai Kwan Leu
Manager
On filings since 2023
1 hr/week
$3K (2024)
Data from IRS Form 990 filings, 2023–2024. "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 $21K, to John Tsuo (CEO). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Tsuo & Leu Angels Foundation
How much does Tsuo & Leu Angels Foundation give each year?
Tsuo & Leu Angels Foundation gave $381K across 9 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Tsuo & Leu Angels Foundation's typical grant size?
Tsuo & Leu Angels Foundation's median grant in 2024 was $50,000, and its average grant was $42,333, across 9 grants on its 2024 IRS Form 990-PF.
Does Tsuo & Leu Angels Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Tsuo & Leu Angels Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (9 grants).
Who are Tsuo & Leu Angels Foundation's largest grantees?
Tsuo & Leu Angels Foundation's largest 2024 grantees include Hong Zong Tao Institute Foundation ($220,000 across 3 grants), Thammaku Paisal Foundation ($105,000 across 3 grants) and Pertubuhan Sosial Dan Rekreasi Komu ($55,000 across 2 grants), according to its 2024 IRS Form 990-PF.
How large is Tsuo & Leu Angels Foundation?
Tsuo & Leu Angels Foundation reported $9.2M in total assets on its 2024 IRS Form 990-PF. It paid out $422K in qualifying distributions that year, against a required minimum of $308K (roughly 5% of its investment assets).
What is Tsuo & Leu Angels Foundation?
Tsuo & Leu Angels Foundation is a private foundation focused on Human Services, based in Elmwood Park, NJ. It holds $9.2M in total assets as of 2024.
Where does Tsuo & Leu Angels Foundation operate?
Tsuo & Leu Angels Foundation has awarded grants in New York.
What is Tsuo & Leu Angels Foundation's EIN?
Tsuo & Leu Angels Foundation's EIN (Employer Identification Number) is 93-2759265. IRS Form 990 filing data is available on this page for 2023–2024.
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 2023–2024
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