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Filing year 2024

TING TSUNG & WEI FONG CHAO FOUNDATION

Houston, Texas·EIN 30-0005201·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$31.2M
Total assets
$29.2M
Total expenses
$29.5M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. TING TSUNG & WEI FONG CHAO FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Vice President & Secretary
Vice President & Treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$28.8M

Itemized grants

169

Median grant

$30k

RecipientLocationPurposeAmount
INTERNATIONAL BUDDHIST PROGRESS SOCIETYHACIENDA HEIGHTS, CAPROGRAM/PROJECT SUPPORT$3M
TEXAS CHILDREN'S HOSPITALHOUSTON, TXPROGRAM/PROJECT SUPPORT$3M
WELLESLEY COLLEGEWELLESLEY HILLS, MAPROGRAM/PROJECT SUPPORT$2M
ASIA SOCIETY TEXAS CENTERHOUSTON, TXPROGRAM/PROJECT SUPPORT$1M
DIRECT RELIEFSANTA BARBARA, CAGENERAL OPERATING SUPPORT$1M
HOUSTON FOOD BANKHOUSTON, TXPROGRAM/PROJECT SUPPORT$1M
HOUSTON MUSEUM OF NATURAL SCIENCEHOUSTON, TXPROGRAM/PROJECT SUPPORT$1M
WORLD CENTRAL KITCHEN INCORPORATEDWASHINGTON, DCGENERAL OPERATING SUPPORT$1M
MEDECINS SANS FRONTIERS USA INCNEW YORK, NYGENERAL OPERATING SUPPORT$894k
COOPER UNION FOR THE ADVANCEMENT OF SCIENCE AND ARTNEW YORK, NYPROGRAM/PROJECT SUPPORT$600k
ENVIRONMENTAL DEFENSE FUNDNEW YORK, NYPROGRAM/PROJECT SUPPORT$600k
BRANDEIS UNIVERSITYWALTHAM, MAPROGRAM/PROJECT SUPPORT$500k
CLIMATEWORKS FOUNDATIONSAN FRANCISCO, CAPROGRAM/PROJECT SUPPORT$500k
DUKE UNIVERSITYDURHAM, NCPROGRAM/PROJECT SUPPORT$500k
MILLER THEATRE ADVISORY BOARD INCHOUSTON, TXPROGRAM/PROJECT SUPPORT$500k
THE METROPOLITAN MUSEUM OF ARTNEW YORK, NYPROGRAM/PROJECT SUPPORT$500k
WILLIAM MARSH RICE UNIVERSITYHOUSTON, TXPROGRAM/PROJECT SUPPORT$405k
ASIAN AMERICAN HEALTH COALITION OF THE GREATER HOUSTON DBA HOPE CLINICHOUSTON, TXPROGRAM/PROJECT SUPPORT$400k
FLORIDA SOUTHERN COLLEGETALLAHASSEE, FLPROGRAM/PROJECT SUPPORT$400k
KIDS MEALS INCHOUSTON, TXPROGRAM/PROJECT SUPPORT$350k
UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATIONSAN FRANCISCO, CAPROGRAM/PROJECT SUPPORT$350k
BAYLOR COLLEGE OF MEDICINEHOUSTON, TXPROGRAM/PROJECT SUPPORT$300k
BAYLOR COLLEGE OF MEDICINEHOUSTON, TXPROGRAM/PROJECT SUPPORT$300k
NATIONAL ARCHIVES FOUNDATIONWASHINGTON, DCGENERAL OPERATING SUPPORT$300k
AMERICAN HOSPITAL OF PARIS FOUNDATIONNEW YORK, NYPROGRAM/PROJECT SUPPORT$284k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

TING TSUNG & WEI FONG CHAO FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$26.1M
$26M
2022
$28M
$27.1M
2023
$31.2M
$29.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

TING TSUNG & WEI FONG CHAO FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about TING TSUNG & WEI FONG CHAO FOUNDATION

What are TING TSUNG & WEI FONG CHAO FOUNDATION's revenue and expenses?

In 2024, TING TSUNG & WEI FONG CHAO FOUNDATION reported $31.2M in total revenue and $29.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.