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Cheng Family Foundation is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 2013. It holds total assets of $7.9M. Annual income is reported at $563K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cheng Family Foundation has made 33 grants totaling $1M, with a median grant of $25K. Annual giving has grown from $209K in 2021 to $349K in 2023. Grantmaking activity was highest in 2022 with $459K distributed across 16 grants. Individual grants have ranged from $3K to $75K, with an average award of $31K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in California and Massachusetts and Oregon. Contributions to this foundation are tax-deductible.
Cheng Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in CA, MA, OR.
Cheng Family Foundation has distributed a total of $1M across 33 grants. The median grant size is $25K, with an average of $31K. Individual grants have ranged from $3K to $75K.
Cheng Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cheng Family Foundation is headquartered in PASADENA, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer Cheng | PRESIDENT & DIRECTOR | $270K | $0 | $270K |
| Eugene Cheng | DIRECTOR & TREASURER | $0 | $0 | $0 |
| Keith Cheng | DIRECTOR & SECRETARY | $0 | $0 | $0 |
| Jean Ling | DIRECTOR | $0 | $0 | $0 |
Total Giving
$897K
Total Assets
$8.3M
Fair Market Value
$8.4M
Net Worth
$8.3M
Grants Paid
$349K
Contributions
$0
Net Investment Income
$62K
Distribution Amount
$448K
Total: $3.5M
Total Grants
33
Total Giving
$1M
Average Grant
$31K
Median Grant
$25K
Unique Recipients
18
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monterey Bay AquariumGENERAL SUPPORT | Monterey, CA | $50K | 2023 |
| Grand Circle FoundationGENERAL SUPPORT | Boston, MA | $35K | 2023 |
| Loma Linda UniversityGENERAL SUPPORT | Loma Linda, CA | $75K | 2023 |
| Palisades Charter High SchoolGENERAL SUPPORT | Pacific Palisades, CA | $74K | 2023 |
| Dance Conservatory Of Pasadena SchoolGENERAL SUPPORT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Pasadena, CA |
| $45K |
| 2023 |
| Diavolo Dance TheaterGENERAL SUPPORT | Los Angeles, CA | $20K | 2023 |
| Park AcademyGENERAL SUPPORT | Lake Oswego, OR | $15K | 2023 |
| Ohsu Education FundGENERAL SUPPORT | Portland, OR | $10K | 2023 |
| The Huntington GardensGENERAL SUPPORT | San Marino, CA | $10K | 2023 |
| The HuntingtonGENERAL SUPPORT | San Marino, CA | $7K | 2023 |
| Huntington LibraryGENERAL SUPPORT | San Marino, CA | $5K | 2023 |
| Usc KaufmanGENERAL SUPPORT | Los Angeles, CA | $3K | 2023 |
| Loma Linda University HealthGENERAL SUPPORT | Loma Linda, CA | $75K | 2022 |
| Dance Conservancy Of Pasadena SchoolGENERAL SUPPORT | Pasadena, CA | $25K | 2022 |
| Trillium Family ServicesGENERAL SUPPORT | Portland, OR | $15K | 2022 |
| Chamber Music NorthwestGENERAL SUPPORT | Portland, OR | $5K | 2022 |
| The Huntington Library & Art GalleryGENERAL SUPPORT | San Marino, CA | $5K | 2022 |
| Usc Kaufman School Of DanceGENERAL SUPPORT | Los Angeles, CA | $50K | 2021 |
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