Paramitas Foundation
Preselected recipients only
Paramitas Foundation is a private foundation in Saratoga, California. In tax year 2025 it gave $2.2 million in 13 grants; the typical grant was $10,000 and the largest $1.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$2.2 million
- Number of grants13
- Typical grant$10,000
- Largest grant$1.5 million
- Assets$48.6 million
- New grantees30%
Giving in 2025 was up from $2.1 million the year before.
30% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.9 million | 15 | $40.6 million |
| 2024 | $2.1 million | 14 | $43.8 million |
| 2025 | $2.2 million | 13 | $48.6 million |
How to apply
Paramitas Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Paramitas Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 3 | $1.5 million |
| Massachusetts | 2 | $500,500 |
| New York | 1 | $150,000 |
| Washington | 5 | $81,000 |
| Missouri | 1 | $20,000 |
| District of Columbia | 1 | $3,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University | CONTRIBUTE AND PROMOTE EDUCATION and support research activities | $1.5 million |
| Dana-Farber Cancer Institute | To provide expert, compassionate, and equitable care to children, adults, and their families, while advancing the understanding, diagnosis, treatment, cure, and prevention of cancer and related diseases. | $500,000 |
| Columbia University | Contribute and Promote Higher Education | $150,000 |
| University of Washington Foundation | Contribute and promote education | $50,000 |
| University of Central Missouri | Contribute and promote education | $20,000 |
| Individual | Provide funding to shelter poors | $10,000 |
| Treehouse for Kids | FUNDING FOR underprivileged children | $10,000 |
| Taiwanese American Conference - WC | To foster fellowship and connection among Taiwanese Americans of all ages and genders, particularly on the West Coast. | $10,000 |
| Individual | To promote community service | $8,000 |
| Formosan Association for Public Aff | To support activities to promote awareness, peace and rights of taiwaness communities | $3,000 |
| Water First International | Promote international education | $3,000 |
| Yun Lin Temple | Transmitting Black Sect Esoteric Buddhism teachings | $3,000 |
| Individual | $500 |
Officers and trustees
- Winston Chen
- Alex Chen
- Phyllis Huang
Questions people ask
Does Paramitas Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Paramitas Foundation give?
$2.2 million in tax year 2025, across 13 grants, with a typical grant of $10,000.
Who runs Paramitas Foundation?
Its 2025 filing lists Winston Chen (Chairman), Alex Chen (Secretary) and Phyllis Huang (Cfo).
What does Paramitas Foundation fund?
Based on its grants, mainly education, human services and youth programs.