Grace Yang Fong Memorial Scholarship Foundation
Accepts applications
Grace Yang Fong Memorial Scholarship Foundation is a private foundation in Dallas, Texas. In tax year 2025 it gave $310,433 in 4 grants; the typical grant was $9,450 and the largest $284,533. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$310,433
- Number of grants4
- Typical grant$9,450
- Largest grant$284,533
- Assets$0
- New grantees75%
Giving in 2025 was up from $10,750 the year before.
75% 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 | $7,300 | 1 | $204,961 |
| 2024 | $10,750 | 2 | $240,022 |
| 2025 | $310,433 | 4 | $0 |
How to apply
| Contact | Penny Lee 5935 Encore Dr, Dallas, TX 75240 |
|---|---|
| Phone or email | (630) 903-7830 |
| What to submit | Letter request with academic record and proof of matriculation or for public charities, grant request letter and proof of 501(c)(3) status. |
| Restrictions | Nursing field or public charities dedicated to general charitable purposes. |
What Grace Yang Fong Memorial Scholarship Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 1 | $284,533 |
| Missouri | 2 | $18,900 |
| Texas | 1 | $7,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable | Support various charitable organizations. | $284,533 |
| International Institute of St Louis | Refugee/Immigrant Support; Assist in transitioning to life in US | $10,900 |
| St Louis Chinese Gospel Church | General Missons - Promoting the Gospel of Jesus Christ | $8,000 |
| Asian American Baptist Church | General Missions - Promoting the Gospel of Jesus Christ | $7,000 |
Officers and trustees
- Penny Lee
- Mark Lee
- Grace Lee
Questions people ask
Does Grace Yang Fong Memorial Scholarship Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Grace Yang Fong Memorial Scholarship Foundation give?
$310,433 in tax year 2025, across 4 grants, with a typical grant of $9,450.
Who runs Grace Yang Fong Memorial Scholarship Foundation?
Its 2025 filing lists Penny Lee (President/Director), Mark Lee (Vice-President/Director) and Grace Lee (Secretary/Treasurer/Director).
What does Grace Yang Fong Memorial Scholarship Foundation fund?
Based on its grants, mainly faith communities.