Peter Ly MD Family Foundation
Preselected recipients only
Peter Ly MD Family Foundation is a private foundation in Wilmington, Delaware. In tax year 2025 it gave $20,500 in 5 grants; the typical grant was $3,000 and the largest $7,500. 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$20,500
- Number of grants5
- Typical grant$3,000
- Largest grant$7,500
- Assets$614,498
- New grantees60%
Giving in 2025 was up from $11,500 the year before.
60% of its 2025 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 | $13,000 | 3 | $443,229 |
| 2024 | $11,500 | 6 | $453,377 |
| 2025 | $20,500 | 5 | $614,498 |
How to apply
Peter Ly MD 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 Peter Ly MD Family Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 4 | $17,500 |
| New York | 1 | $3,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| San Marino School Foundation | General & Unrestricted | $7,500 |
| Lifetech Inc | General & Unrestricted | $6,000 |
| Henry E Huntington Library & Art Gallery | General & Unrestricted | $3,000 |
| New York Medical College | General & Unrestricted | $3,000 |
| Hope for China Dogs Rescue | General & Unrestricted | $1,000 |
Officers and trustees
- Peter Ly
- Evelyn Xu
Questions people ask
Does Peter Ly MD Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Peter Ly MD Family Foundation give?
$20,500 in tax year 2025, across 5 grants, with a typical grant of $3,000.
Who runs Peter Ly MD Family Foundation?
Its 2025 filing lists Peter Ly (Dir, Co- Pres) and Evelyn Xu (Co- Pres, Sec, Treas, Dir).
What does Peter Ly MD Family Foundation fund?
Based on its grants, mainly education.