Vietnamese American Scholarship Fund
Vietnamese American Scholarship Fund is a private foundation focused on Education, based in Las Vegas, NV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.6M in total assets. In 2025, it awarded 3 grants totaling $13K. Net investment income was $866K.
Vietnamese American Scholarship Fund at a glance
In short: Vietnamese American Scholarship Fund gave $13K across 3 grants in 2025 (avg $4K), top state Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $13,000
- -58.3% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $4,333
- -30.6% vs 2024
- Median grant
- $2,000
- Total assets
- $9,560,159
- +11.3% vs 2024
- Primary geography
- Texas (8% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Vietnamese American Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Maison Chance ($10K). Together the top 2 received $11K.
Organizations only. It also paid 1 grant to individuals ($2,000), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Vietnamese American Scholarship Fund gives
- Giving grew 73% from 2022 to 2025. Method
- In 2025 it paid out 53% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $8K (2022) to $42K (2023). In 2025 it made 3 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maison Chance | Housing and educating orphaned and street children | $10,000 |
| 1 grant to individuals Recipients not named | — | $2,000 |
| Vietnamese American Foundation Pearland, TX | Solidarity of Vietnam War veterans | $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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,560,159 | $1,846,550 | $174,349 | $13,000 | 3 | $186,139 | $866,121 | $353,607 |
| 2024 | $8,587,646 | $790,555 | $197,913 | $31,200 | 5 | $197,913 | $495,897 | $318,620 |
| 2023 | $6,901,991 | $-253,347 | $154,909 | $41,500 | 2 | $154,909 | — | $247,969 |
| 2022 | $5,159,150 | $276,208 | $65,768 | $7,500 | 1 | $7,500 | $20,555 | $242,171 |
| 2021 | $6,199,709 | $132,151 | $49,761 | $17,000 | 1 | $17,000 | $99,390 | $304,762 |
| 2020 | $5,327,937 | $107,451 | $43,774 | $8,500 | 1 | — | $72,177 | $295,416 |
Under IRS private-foundation payout rules, Vietnamese American Scholarship Fund reported a distributable amount of $354K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Vietnamese American Scholarship Fund is led by Doan L Phung, Managing Trustee since 2022 (on filings since 2020); all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Doan L Phung
Managing Trustee
Trustee → Managing Trustee, 2022
On filings since 2020
30 hrs/week
$55K (2023) → $132K (2025)
Betsy P Lou
Trustee
On filings since 2020
1 hr/week
$1K (2025)
Rick N Phung
Trustee
On filings since 2020
0.5 hrs/week
$1K (2025)
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 $132K, to Doan L Phung (Managing trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Vietnamese American Scholarship Fund
How much does Vietnamese American Scholarship Fund give each year?
Vietnamese American Scholarship Fund gave $13K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 5 grants.
What is Vietnamese American Scholarship Fund's typical grant size?
Vietnamese American Scholarship Fund's median grant in 2025 was $2,000, and its average grant was $4,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Vietnamese American Scholarship Fund give grants?
Vietnamese American Scholarship Fund's top state is Texas, with 8% of the grant dollars itemized on its 2025 IRS Form 990-PF.
Does Vietnamese American Scholarship Fund give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Vietnamese American Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support.
How large is Vietnamese American Scholarship Fund?
Vietnamese American Scholarship Fund reported $9.6M in total assets on its 2025 IRS Form 990-PF. It paid out $186K in qualifying distributions that year, against a required minimum of $354K (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 is Vietnamese American Scholarship Fund?
Vietnamese American Scholarship Fund is a private foundation focused on Education, based in Las Vegas, NV. It holds $9.6M in total assets as of 2025.
What is Vietnamese American Scholarship Fund's EIN?
Vietnamese American Scholarship Fund's EIN (Employer Identification Number) is 62-1336969. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 24, 2021)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Vietnamese American Scholarship Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Vietnamese American Scholarship Fund funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/vietnamese-american-scholarship-fund-morg_4a13381566ec4c61af987122518f1c7a
BibTeX
@misc{grantable_621336969_2026,
author = {{Grantable}},
title = {{Vietnamese American Scholarship Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/vietnamese-american-scholarship-fund-morg_4a13381566ec4c61af987122518f1c7a},
note = {Accessed 2026-10-09. 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 Vietnamese American Scholarship Fund'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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