Tsao Family Foundation is a private corporation based in CORONA DL MAR, CA. The foundation received its IRS ruling in 2007. The principal officer is % Steven Tsao. It holds total assets of $122.9M. Annual income is reported at $50.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Tsao Family Foundation has made 73 grants totaling $9.1M, with a median grant of $50K. The foundation has distributed between $2.3M and $3.5M annually from 2020 to 2022. Individual grants have ranged from $902 to $1M, with an average award of $124K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in California, Illinois, Massachusetts, which account for 74% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Tsao Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in CA, IL, MA.
Tsao Family Foundation has distributed a total of $9.1M across 73 grants. The median grant size is $50K, with an average of $124K. Individual grants have ranged from $902 to $1M.
Tsao Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tsao Family Foundation is headquartered in CORONA DL MAR, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Liyoung Tsao | PRESIDENT | $0 | $0 | $0 |
| Janie Tsao | FOUNDATION MANAGER | $0 | $0 | $0 |
| Steven Lidah Tsao | CFO | $0 | $0 | $0 |
Total Giving
$4.4M
Total Assets
$87.5M
Fair Market Value
$87.5M
Net Worth
$86.6M
Grants Paid
$3.7M
Contributions
$0
Net Investment Income
$3.3M
Distribution Amount
$4.4M
Total: $22.1M
Total Grants
73
Total Giving
$9.1M
Average Grant
$124K
Median Grant
$50K
Unique Recipients
31
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Renewal Foundation IncSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Diamond Bar, CA | $450K | 2021 |
| Illinois Institute Of TechnologySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Chicago, IL | $1M | 2022 |
| Choc FoundationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Orange, CA | $556K | 2022 |
| The Purpose Of RecoverySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Tustin, CA | $500K | 2022 |
| University Of California Irvine FoundationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Irvine, CA |
| $252K |
| 2022 |
| Hoag Hospital FoundationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Newport Beach, CA | $200K | 2022 |
| South Coast Chinese Cultural AssociationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Irvine, CA | $200K | 2022 |
| Orange County Community FoundationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Newport Beach, CA | $195K | 2022 |
| Pepperdine UniversitySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Malibu, CA | $75K | 2022 |
| Irvine Canaan Christian Community ChurchSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Irvine, CA | $60K | 2022 |
| Phoenix Multisport IncSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Denver, CO | $50K | 2022 |
| Asian American FuturesSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Irvine, CA | $50K | 2022 |
| The Happier Life ProjectSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Hemet, CA | $40K | 2022 |
| Womens Step House Of Orange CountySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Laguna Hills, CA | $35K | 2022 |
| Nelson Elementary - Hacienda La Puente Unified School DistSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | La Puente, CA | $13K | 2022 |
| Makarios Ministries IncSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Grapevine, TX | $10K | 2022 |
| California Institute Of Technology AssociatesSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Pasadena, CA | $10K | 2022 |
| Charitable Ventures Of Orange CountySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Santa Ana, CA | $7K | 2022 |
| Communities For RecoverySUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Austin, TX | $5K | 2022 |
| Walk IntuitSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | San Juan Capistrano, CA | $5K | 2022 |
| St Jude Children'S Research HospitalSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Memphis, TN | $3K | 2022 |
| Fidelity CharitableSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Boston, MA | $250K | 2021 |
| The Ecology CenterSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | San Juan Capistrano, CA | $200K | 2021 |
| Red Songbird FoundationSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Newport Beach, CA | $100K | 2021 |
| The Children School IncSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Newport Beach, CA | $100K | 2021 |
| Center For Venture Education IncSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Austin, TX | $50K | 2021 |
| Charitable VenturesSUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES | Santa Ana, CA | $1K | 2021 |
| Irvine Canaan Christian CSUPPORTING CHARITABLE ORGANIZATION'S | Irvine, CA | $100K | 2020 |
| Partnership To End AddictionSupporting charitable organization's exempt purposes | New York, NY | $35K | 2020 |
| Project Hope AllianceSupporting charitable organization's exempt purposes | Costa Mesa, CA | $10K | 2020 |
| Chic Children'S FoundationSupporting charitable organization's exempt purposes | Louis, MO | $902 | 2020 |
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