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Jp Peng & Ashley Chao Foundation is a private corporation based in SAN FRANCISCO, CA. The foundation received its IRS ruling in 2008. The principal officer is Jih-Ping Peng. It holds total assets of $310K. Annual income is reported at $90K. Total assets have grown from $113K in 2010 to $317K in 2022. The foundation is governed by 2 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. The foundation primarily funds organizations in California and Maryland. According to available records, Jp Peng & Ashley Chao Foundation has made 22 grants totaling $103K, with a median grant of $3K. Annual giving has grown from $20K in 2020 to $42K in 2023. Individual grants have ranged from $500 to $11K, with an average award of $5K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in California and Maryland and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$10K
Based on 4 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.
Jp Peng & Ashley Chao Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in CA, MD, NY.
Jp Peng & Ashley Chao Foundation has distributed a total of $103K across 22 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $11K.
Jp Peng & Ashley Chao Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jp Peng & Ashley Chao Foundation is headquartered in SAN FRANCISCO, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jih-Ping Peng | CEO | $0 | $0 | N/A |
| Ai-Shya Chao | SECRETARY | $0 | $0 | N/A |
Total Giving
$45K
Total Assets
$317K
Fair Market Value
$797K
Net Worth
$317K
Grants Paid
$42K
Contributions
$20K
Net Investment Income
$2K
Distribution Amount
$35K
Total: $274K
Total Grants
22
Total Giving
$103K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shs FoundationDONATION | San Francisco, CA | $10K | 2023 |
| Ucsf FoundationDONATION | San Fracisco, CA | $10K | 2023 |
| Johns Hopkins UniversityDONATIONS | Baltimore, MD | $8K | 2023 |
| Saratoga Education FoundationDONATIONS | Saratoga, CA | $5K | 2023 |
| San Francisco Food BankDONATIONS | San Francisco, CA | $3K | 2023 |
| Second Harvest Of Silicon ValleyDONATIONS | San Jose, CA | $3K | 2023 |
| Tzu Chi BuddistDONATION | San Jose, CA | $2K | 2023 |
| Saratoga Music BoostersDONATION | Saragato, CA | $2K | 2023 |
| KdfcDONATION | San Jose, CA | $1K | 2023 |
| Usc Radio GroupDONATIONS | Los Angeles, CA | $2K | 2020 |
| Saratoga Music BoosterDONATIONS | Saratoga, CA | $2K | 2020 |
| Friends Of The Saratoga LibrariesDONATIONS | Saratoga, CA | $500 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA