Ping and Amy Chao Family Foundation

LAKE SUCCESS, NY 11042 EIN 206750125

https://N/A
Total Given 2016–2024
$11.9M
176 grants · $1.3M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$49K
typical mid grants · $22K–$80K
grant size
57%
supporter · 33/58 multi-year
repeat
$7.2M
Assets · 2021
58
Distinct recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending November 30, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $3,267,264. This amount represents 25% or more of the Foundation's net assets of $9,717,509 (as measured by fair market value) at the beginning of the Foundation's taxable year ending November 30, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Health Arts & Culture Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Contact Person GRANT APPLICATION TO JULIE KIM
Phone 8008391754
Deadlines APPLICATION DEADLINE IS MARCH 15TH.ALL APPLICATIONS ARE REVIEWED TOGETHER IN APRIL AND WILL BE ANNOU
How to Apply HTTP://WWW.CHAOFOUNDATION.ORG/GRANT-APPLICATION
Restrictions WWW.CHAOFOUNDATION.ORG

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $781K $8.2M $404K 24
2017 $972K $7.9M $800K 25
2018 $1.1M $6.7M $531K 24
2019 N/A $5.7M $319K N/A
2020 $1.3M $9.7M $5.0M 23
2021 $3.3M $7.2M $512K 25
2022 $1.3M $5.2M $379K 19
2023 $1.4M $4.0M $162K 20
2024 $1.7M $2.8M $292K 16

Grant Size Distribution

Based on 176 grants on record

Minimum
$1K
25th Pctl
$22K
Median
$49K
Average
$67K
75th Pctl
$80K
Maximum
$1.0M

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
Shiu-Kai Chao Co-Trustee —
Jonathan Chao Co-Trustee —
Amy H Chao Co-Trustee —
Shiu-Ping Chao Co-Trustee —

Grants Awarded (176 total)

Purpose
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION BERKELEY, CA $1,000,000 Grant to the School of Engineering, to create the Ping & Amy Chao Family Professorship in Electrical Engineering... 2021
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION BERKELEY, CA $1,000,000 Grant to the School of Engineering, to create the Ping & Amy Chao Family Fellowship in Electrical Engineering... 2021
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION BERKELEY, CA $498,562 U.C.Berkeley Engineering Student Center Expansion and Renovation Fund (SEE ATTACHED GENERAL EXLANATION) 2024
GANSU PROVINCIAL MATERNITY AND CHILD-CARE HOSPITAL LANZHOU SHI $200,000 General & Unrestricted 2024
CHILDRENS HEARTLINK EDINA, MN $189,000 Advancing Pediatric Cardiac Care in Hanoi Vietnam by providing training to 400 clinicians in hands-on skill... 2023
GANSU PROVINCIAL MATERNITY AND CHILD-CARE HOSPITAL LANZHOU SHI $182,000 General & Unrestricted 2022
FRIENDS WITHOUT A BORDER NEW YORK, NY $170,000 Funding for the entire pharmacy department at Lao Friends hospital for Children 2023
TRANSPARENT FISH FUND INC LOS ALTOS, CA $150,000 General & Unrestricted 2023
TRANSPARENT FISH FUND INC LOS ALTOS, CA $150,000 General & Unrestricted 2020
FRIENDS WITHOUT A BORDER NEW YORK, NY $150,000 Funding for the entire pharmacy department at Lao Friends Hospital for Children 2024
TRANSPARENT FISH FUND INC LOS ALTOS, CA $150,000 General & Unrestricted 2022
CHILDRENS HEARTLINK EDINA, MN $144,000 Advancing Pediatric Cardiac Care in Hanoi Vietnam by providing training to ~400 clinicians in hands-on skill... 2024
FRIENDS WITHOUT A BORDER NEW YORK, NY $140,000 LFHC Pharmacy 2022
ANGKOR HOSPITAL FOR CHILDREN INC PUTNEY, VT $130,000 Specialty Training Program 2022
WATERING MINDS INC OAKLAND, CA $126,000 Haiti clean water & Cambodia IT testing Program 2018
TRANSPARENT FISH FUND INC LOS ALTOS, CA $120,000 General & Unrestricted 2021
TRANSPARENT FISH FUND INC LOS ALTOS, CA $120,000 General & Unrestricted 2024
FRIENDS WITHOUT A BORDER NEW YORK, NY $120,000 Pharmacy Department in Lao Friends Hospital fund 2021
TRANSPARENT FISH FUND INC LOS ALTOS, CA $115,000 General & Unrestricted 2016
TRANSPARENT FISH FUND INC LOS ALTOS, CA $115,000 General & Unrestricted 2018
TRANSPARENT FISH FUND INC LOS ALTOS, CA $115,000 General & Unrestricted 2017
ANGKOR HOSPITAL FOR CHILDREN INC PUTNEY, VT $112,000 Training the next generation of Cambodia's healthcare workforce in high quality pediatric care 2023
ANGKOR HOSPITAL FOR CHILDREN INC PUTNEY, VT $112,000 Training the next generation of Cambodia's healthcare workforce in high quality pediatric care 2024
ONE HEART WORLD-WIDE SAN FRANCISCO, CA $110,000 implementation of maternal and neonatal mortality prevention programs in one selected region in Nepal based on... 2017
NCTU FOUNDATION CUPERTINO, CA $109,000 Two NYCU Junior Chair Professorships fund 2021