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Ho Chen Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2006. The principal officer is Foundation Source. It holds total assets of $1.4M. Annual income is reported at $247K. Total assets have grown from $1.1M in 2011 to $1.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including District of Columbia, California, Virginia. According to available records, Ho Chen Family Foundation has made 16 grants totaling $191K, with a median grant of $10K. Annual giving has grown from $15K in 2021 to $60K in 2023. Grantmaking activity was highest in 2022 with $116K distributed across 10 grants. Individual grants have ranged from $5K to $20K, with an average award of $12K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Virginia, Hawaii, New York, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$10K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ho Chen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in VA, HI, NY.
Ho Chen Family Foundation has distributed a total of $191K across 16 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $5K to $20K.
Ho Chen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ho Chen Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Sang Chen | Dir, VP | $0 | $0 | N/A |
| Pat H Chen | Dir, Pres, Sec, VP | $0 | $0 | N/A |
| Janet Ping Mcgraw | Dir, VP, Pres, Sec | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.3M
Fair Market Value
$1.5M
Net Worth
$1.3M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$77K
Total Grants
16
Total Giving
$191K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hawaii Community FoundationMaui Strong Fund | Honolulu, HI | $20K | 2023 |
| Direct ReliefHawaii Fire Relief fund | Santa Barbara, CA | $20K | 2023 |
| Maui Food Bank IncGeneral & Unrestricted | Wailuku, HI | $15K | 2023 |
| Pacific Whale FoundationMaui Conservation Fund | Wailuku, HI | $5K | 2023 |
| American National Red CrossFor the present urgent needs | Fairfax, VA | $15K | 2022 |
| United States Fund For UnicefFor children's health and education in Africa | New York, NY | $15K | 2022 |
| World VisionChildren's life, hope and future | Federal Way, WA | $10K | 2022 |
| National Council On Aging IncGeneral & Unrestricted | Arlington, VA | $10K | 2022 |
| United Nations Foundation IncThe Global Fund for Ethiopia - For Education and drought | Washington, DC | $8K | 2022 |