Ziyao Liu Charitable Trust
Ziyao Liu Charitable Trust is a private foundation, based in Wellesley, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $646K in total assets. In 2025, it awarded 7 grants totaling $11K. Net investment income was $66K.
Ziyao Liu Charitable Trust at a glance
In short: Ziyao Liu Charitable Trust gave $11K across 7 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $10,586
- +16.7% vs 2024
- Grants made (2025)
- 7
- +16.7% vs 2024
- Average grant
- $1,512
- -0.0% vs 2024
- Median grant
- $1,000
- Total assets
- $645,925
- +40.9% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ziyao Liu Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Tenacre Country Day School ($3K). Together the top 7 received $11K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 36 grants of 36 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Ziyao Liu Charitable Trust gives
- Giving grew 105% from 2022 to 2025. Method
- In 2025 it paid out 81% 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 2019 to 2025, annual grant giving ranged from $1K (2019) to $13K (2021). In 2025 it made 7 grants totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tenacre Country Day School Wellesley, MA | General Charitable | $3,300 |
| Milton Academy Milton, MA | General Charitable | $3,000 |
| Red Cross Boston, MA | General Charitable | $2,000 |
| Noble and Greenough School Dedham, MA | General Charitable | $1,000 |
| MIT Cambridge, MA | General Charitable | $1,000 |
| Dana-Farber Boston, MA | General Charitable | $175 |
| Athletes Unlimited Newton Auburndale, MA | General Charitable | $111 |
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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 | $645,925 | $161,748 | $20,550 | $10,586 | 7 | $20,550 | $66,472 | $25,432 |
| 2024 | $458,479 | $102,116 | $32,919 | $9,075 | 6 | $32,612 | $19,927 | $22,303 |
| 2023 | $389,843 | $218,011 | $22,348 | $6,810 | 8 | $22,348 | $7,623 | $9,161 |
| 2022 | $154,961 | $2,681 | $10,752 | $5,172 | 7 | $10,752 | $2,681 | $8,275 |
| 2021 | $203,546 | $-10,806 | $24,847 | $12,745 | 8 | $24,917 | — | $10,280 |
| 2020 | $199,463 | $19,814 | $13,604 | $5,400 | 5 | — | $19,814 | $10,327 |
| 2019 | $216,618 | $25,816 | $7,024 | $1,200 | 3 | — | $25,316 | $9,146 |
Under IRS private-foundation payout rules, Ziyao Liu Charitable Trust reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ziyao Liu Charitable Trust's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Hui Zou
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Mia Liu
Trustee
On filings since 2019
No compensation reported
Yunhua Li
Trustee
On filings since 2019
No compensation reported
Ziyao Liu
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Ziyao Liu Charitable Trust
How much does Ziyao Liu Charitable Trust give each year?
Ziyao Liu Charitable Trust gave $11K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 6 grants.
What is Ziyao Liu Charitable Trust's typical grant size?
Ziyao Liu Charitable Trust's median grant in 2025 was $1,000, and its average grant was $1,512, across 7 grants on its 2025 IRS Form 990-PF.
Where does Ziyao Liu Charitable Trust give grants?
Ziyao Liu Charitable Trust gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (2 grants).
Does Ziyao Liu Charitable Trust give general operating support?
Yes: 100% of Ziyao Liu Charitable Trust's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Ziyao Liu Charitable Trust's largest grantees?
Ziyao Liu Charitable Trust's largest 2025 grantees include Tenacre Country Day School ($3,300), Milton Academy ($3,000) and Red Cross ($2,000), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.
How large is Ziyao Liu Charitable Trust?
Ziyao Liu Charitable Trust reported $646K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $25K (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 Ziyao Liu Charitable Trust's EIN?
Ziyao Liu Charitable Trust's EIN (Employer Identification Number) is 81-3438795. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 24, 2022)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 23, 2026)
- IRS filings on file for fiscal years 2019–2025
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