The PENG ZHAO and Cherry CHEN Foundation
EIN 854261456 Private FoundationTotal Given 2021–2024
$8.4M
16 grants · $2.1M avg/year
based on 4 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$28K
typical mid grants · $25K–$600K
grant size
62%
deep partner · 5/8 multi-year
repeat
$86.2M
Assets (2024)
8
Distinct Recipients
About
DELAWARE DOES NOT REQUIRE A STATE RETURN AND THEREFORE DOES NOT HAVE A MEANS TO ACCEPT THE FEDERAL RETURN.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Phone
(415) 237-3974
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2021 | $1.8M | $49.7M | $42.4M | 4 |
| 2022 | $2.5M | $44.2M | $10.1M | 5 |
| 2023 | $2.1M | $62.5M | $25.5M | 4 |
| 2024 | $2.0M | $86.2M | $40.1M | 3 |
Grant Size Distribution
Based on 16 grants on record
Minimum
$10K
25th Pctl
$25K
Median
$28K
Average
$523K
75th Pctl
$600K
Maximum
$2.0M
Geographic Distribution
Officers & Directors
Grants Awarded (16 total)
| Purpose | ||||
|---|---|---|---|---|
| The Asian American Foundation | San Francisco, CA | $2,000,000 | TO BUILD THE INFRASTRUCTURE TO IMPROVE ASIAN AMERICAN AND PACIFIC ISLANDER ADVOVACY, POWER AND REPRESENTATION | 2022 |
| The Asian American Foundation | San Francisco, CA | $2,000,000 | TO BUILD THE INFRASTRUCTURE TO IMPROVE ASIAN AMERICAN AND PACIFIC ISLANDER ADVOVACY, POWER AND REPRESENTATION | 2023 |
| The Asian American Foundation | San Francisco, CA | $2,000,000 | TO BUILD THE INFRASTRUCTURE TO IMPROVE ASIAN AMERICAN AND PACIFIC ISLANDER ADVOVACY, POWER AND REPRESENTATION | 2024 |
| The Asian American Foundation | San Francisco, CA | $1,500,000 | TO BUILD THE INFRASTRUCTURE TO IMPROVE ASIAN AMERICAN AND PACIFIC ISLANDER ADVOVACY, POWER AND REPRESENTATION | 2021 |
| Kartemquin Educational Films | Chicago, IL | $300,000 | THE GRANT WILL ESTABLISH AND FUND "THE PENG ZHAO & CHERRY CHEN FUND FOR AAPI VOICES AT KARTEMQUIN," AN... | 2022 |
| Kartemquin Educational Films | Chicago, IL | $200,000 | THE GRANT WILL ESTABLISH AND FUND "THE PENG ZHAO & CHERRY CHEN FUND FOR AAPI VOICES AT KARTEMQUIN," AN... | 2021 |
| Chinese American Service League | Chicago, IL | $166,667 | THE GRANT SHALL BE USED TO SUPPORT CASL'S WORK TO SERVE THE AAPI COMMUNITY, AND VULNERABLE POPULATIONS MORE... | 2022 |
| The Second City Inc - Victor WONG Fellowship Program | Chicago, IL | $30,000 | THE VICTOR WONG FELLOWSHIP PROGRAM IS DESIGNED TO TRAIN THE NEXT GENERATION OF AAPI COMEDIC TALENT. | 2022 |
| Chicago Public Library Foundation | Chicago, IL | $25,000 | TO INVEST IN RESOURCES THAT TRANSFORM LIVES AND COMMUNITIES | 2021 |
| The Children's Orchestra Society | Syosset, NY | $25,000 | TO TEACH CHILDREN TEAMWORK AND LIFE SKILLS THROUGH MUSIC LEARNING | 2021 |
| The Second City Inc - Victor WONG Fellowship Program | Chicago, IL | $25,000 | THE VICTOR WONG FELLOWSHIP PROGRAM IS DESIGNED TO TRAIN THE NEXT GENERATION OF AAPI COMEDIC TALENT. | 2023 |
| Asian Pacific Community Fund | LOS Angeles, CA | $25,000 | TO CULTIVATE PHILANTHROPIST TO INVEST IN ORGANIZATIONS THAT EMPOWER UNDERSERVED ASIAN AND PACIFIC ISLANDERS (AAPI)... | 2023 |
| The Second City Inc - Victor WONG Fellowship Program | Chicago, IL | $25,000 | THE VICTOR WONG FELLOWSHIP PROGRAM IS DESIGNED TO TRAIN THE NEXT GENERATION OF AAPI COMEDIC TALENT. | 2024 |
| Asian Pacific Community Fund | LOS Angeles, CA | $24,000 | TO CULTIVATE PHILANTHROPIST TO INVEST IN ORGANIZATIONS THAT EMPOWER UNDERSERVED ASIAN AND PACIFIC ISLANDERS (AAPI)... | 2024 |
| Korean American Community Foundation | New York, NY | $10,000 | WORKING TO ADDRESS THE MOST PRESSING NEEDS IN THE KOREAN-AMERICAN COMMUNITY AND BEYOND. TO THE SUPPORTERS; KACF... | 2022 |
| Chinese American Service League | Chicago, IL | $10,000 | THE GRANT SHALL BE USED TO SUPPORT CASL'S WORK TO SERVE THE AAPI COMMUNITY, AND VULNERABLE POPULATIONS MORE... | 2023 |
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