The Zhao-Chen Family Foundation Inc
Preselected recipients only
The Zhao-Chen Family Foundation Inc is a private foundation in Miami, Florida. In tax year 2024 it gave $2.0 million in 3 grants; the typical grant was $25,000 and the largest $2.0 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$2.0 million
- Number of grants3
- Typical grant$25,000
- Largest grant$2.0 million
- Assets$86.2 million
- New grantees0%
Giving in 2024 was down from $2.1 million the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.1 million | 4 | $62.5 million |
| 2024 | $2.0 million | 3 | $86.2 million |
How to apply
The Zhao-Chen Family Foundation Inc 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 The Zhao-Chen Family Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 2 | $2.0 million |
| Illinois | 1 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Asian American Foundation | To build the infrastructure to improve asian american and pacific islander advovacy, power and representation | $2.0 million |
| The Second City Inc - Victor Wong Fellowship Program | The victor wong fellowship program is designed to train the next generation of aapi comedic talent. | $25,000 |
| Asian Pacific Community Fund | To cultivate philanthropist to invest in organizations that empower underserved asian and pacific islanders (aapi) to prosper by building healthier communities, creating a stronger aapi voice and developing aapi leaders | $24,000 |
Officers and trustees
- Peng Zhao
Questions people ask
Does The Zhao-Chen Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Zhao-Chen Family Foundation Inc give?
$2.0 million in tax year 2024, across 3 grants, with a typical grant of $25,000.
Who runs The Zhao-Chen Family Foundation Inc?
Its 2024 filing lists Peng Zhao (President, Secretary and Treasurer).
What does The Zhao-Chen Family Foundation Inc fund?
Based on its grants, mainly health.