Xin Cheng Foundation
Xin Cheng Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $506K in total assets. In 2025, it made $11K in qualifying distributions. Net investment income was $25K.
Xin Cheng Foundation at a glance
- Total assets
- $505,831
- +2.9% vs 2024
- Revenue (2025)
- $25,385
- -20.5% vs 2024
- Qualifying distributions (2025)
- $10,719
- -69.2% vs 2024
- Expenses (2025)
- $11,219
- -68.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Xin Cheng Foundation funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Xin Cheng Foundation gives
- Giving fell 55% from 2021 to 2024. Method
- In 2025 it paid out 15% 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 2024, annual grant giving ranged from $25K (2024) to $130K (2022). In 2024 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| One World Fundation River Edge, NJ | General & Unrestricted | $25,000 |
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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 | $505,831 | $25,385 | $11,219 | — | — | $10,719 | $25,385 | $69,923 |
| 2024 | $491,665 | $31,914 | $35,071 | $25,000 | 1 | $34,768 | $31,914 | $60,458 |
| 2023 | $494,822 | $21,776 | $9,019 | — | — | $8,839 | $21,776 | $48,863 |
| 2022 | $482,065 | $48,910 | $140,021 | $130,000 | 3 | $139,109 | $48,910 | $46,993 |
| 2021 | $573,176 | $29,605 | $64,502 | $55,000 | 2 | $64,293 | $29,605 | $56,495 |
| 2020 | $608,073 | $15,016 | $83,937 | $75,000 | 2 | — | $15,016 | $44,766 |
Under IRS private-foundation payout rules, Xin Cheng Foundation reported a distributable amount of $70K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Xin Cheng Foundation is led by Ziping Chen, President, Director & Secretary on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Ziping Chen
President, Director & Secretary
On filings since 2020
1 hr/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.
Frequently asked questions about Xin Cheng Foundation
How large is Xin Cheng Foundation?
Xin Cheng Foundation reported $506K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $70K (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.
Where does Xin Cheng Foundation operate?
Xin Cheng Foundation has awarded grants in California, New Jersey, Washington.
What is Xin Cheng Foundation's EIN?
Xin Cheng Foundation's EIN (Employer Identification Number) is 26-2701494. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
- IRS filings on file for fiscal years 2020–2025
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Xin Cheng Foundation down — hundreds of funders to go?