Tsao Family Foundation
Preselected recipients only
Tsao Family Foundation is a private foundation in Corona del Mar, California. In tax year 2024 it gave $5.1 million in 22 grants; the typical grant was $42,500 and the largest $1.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$5.1 million
- Number of grants22
- Typical grant$42,500
- Largest grant$1.6 million
- Assets$123 million
- New grantees64%
Giving in 2024 was up from $3.7 million the year before.
64% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3.7 million | 21 | $87.5 million |
| 2024 | $5.1 million | 22 | $123 million |
How to apply
Tsao Family 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 Tsao Family Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 17 | $4.8 million |
| New York | 1 | $340,000 |
| Illinois | 1 | $25,000 |
| Texas | 1 | $10,000 |
| Tennessee | 1 | $5,000 |
| District of Columbia | 1 | $2,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Choc Foundation | Support charitable organizations exempt purpose | $1.6 million |
| Orange County Community Foundation | Support charitable organizations exempt purpose | $1.3 million |
| The Purpose of Recovery | Support charitable organizations exempt purpose | $606,700 |
| China Institute in America | Support charitable organizations exempt purpose | $340,000 |
| Renewal Foundation | Support charitable organizations exempt purpose | $261,335 |
| Hoag Hospital Foundation | Support charitable organizations exempt purpose | $200,000 |
| South Coast Chinese Culture Assoc | Support charitable organizations exempt purpose | $200,000 |
| Charitable Ventures of Orange Cnty | Suport charitable organizations exempt purposes | $157,500 |
| Irvine Canaan Christian Comm Church | Support charitable organizations exempt purpose | $138,000 |
| Pepperdine University | Support charitable organizations exempt purpose | $75,000 |
| Bowers Museum | Support charitable organizations exempt purpose | $60,000 |
| Illinois Institute of Technology | Support charitable organizations exempt purpose | $25,000 |
| Segerstrom Ctr for the Arts | Support charitable organizations exempt purpose | $25,000 |
| Womens Step House Oc | Support charitable organizations exempt purpose | $25,000 |
| Calif Institute of Technology Assoc | Support charitable organizations exempt purpose | $10,000 |
| Cornerstone Marriage and Family Min | Support charitable organizations exempt purpose | $10,000 |
| Project Kinship | Support charitable organizations exempt purpose | $10,000 |
| Center for Inherited Blood Disorder | Support charitable organizations exempt purpose | $10,000 |
| Second Harvest Food Bank of Oc | Support charitable organizations exempt purpose | $10,000 |
| Ancient Art Archive | Support charitable organizations exempt purpose | $5,000 |
| Seeds Arts and Education Inc | Support charitable organizations exempt purpose | $3,800 |
| National Ctr for Family Philnathrop | Support charitable organizations exempt purpose | $2,500 |
Officers and trustees
- Micheael Liyoung Tsao
- Steven Tsao
- Janie Tsao
Questions people ask
Does Tsao Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Tsao Family Foundation give?
$5.1 million in tax year 2024, across 22 grants, with a typical grant of $42,500.
Who runs Tsao Family Foundation?
Its 2024 filing lists Micheael Liyoung Tsao (President), Steven Tsao (Cfo) and Janie Tsao (Foundation Manager).
What does Tsao Family Foundation fund?
Based on its grants, mainly arts and culture, health and education.