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Simon And Ann Chen Foundation is a private corporation based in LEWES, DE. The foundation received its IRS ruling in 2018. The principal officer is Foundation Source. It holds total assets of $348K. Annual income is reported at $71K. Total assets have grown from $282K in 2019 to $376K in 2023. The foundation is governed by 4 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 2018 to 2023. The foundation primarily funds organizations in California and New York. According to available records, Simon And Ann Chen Foundation has made 26 grants totaling $67K, with a median grant of $2K. Annual giving has grown from $15K in 2020 to $52K in 2022. Individual grants have ranged from $750 to $5K, with an average award of $3K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in California and New York and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 8 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.
Simon And Ann Chen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in CA, NY, WA.
Simon And Ann Chen Foundation has distributed a total of $67K across 26 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $750 to $5K.
Simon And Ann Chen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simon And Ann Chen Foundation is headquartered in LEWES, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Chen | Director | $0 | $0 | N/A |
| Emily Chen | Dir, PRES | $0 | $0 | N/A |
| Simon Ying Chen | Director | $0 | $0 | N/A |
| Eric Chen | SEC, TREAS | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$376K
Fair Market Value
$504K
Net Worth
$376K
Grants Paid
$38K
Contributions
$60K
Net Investment Income
$8K
Distribution Amount
$22K
Total Grants
26
Total Giving
$67K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Asian American Journalists AssociatCHARITY | Los Angeles, CA | $5K | 2022 |
| The Center For Asia American MediaCHARITY | San Francisco, CA | $5K | 2022 |
| Asian Youth CenterCulture and Education | San Gabriel, CA | $5K | 2022 |
| KundimanCREATION AND CULTIVATION OF ASIAN AMERICAN CREATIVE WRITING. | New York, NY | $3K | 2022 |
| Asian Counseling And Referral ServiCHARITY | Seattle, WA | $3K | 2022 |
| Family Keepers IncCHARITY | Walnut, CA | $2K | 2022 |
| International Culture Exchange AssoCHARITY | Gold River, CA | $2K | 2022 |
| The Huntington LibraryART COLLECTIONS & BOTANICAL GARDENS | San Marino, CA | $1K | 2022 |
| Kiwanis Club Of Monterey ParkCHARITY | El Monte, CA | $750 | 2022 |
| Care Mission UsaCHARITY | Monterey Park, CA | $3K | 2020 |
| Labelle FoundationCHARITY | Los Angeles, CA | $850 | 2020 |