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CHIA FAMILY FOUNDATION INC
NEW YORK, NY · EIN 133904882 · Form 990PF · FY2024 · NTEE T20J · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$631K
expenses
$150K
net assets
$12.4M
employees
—
profile · synthesized from sources

Private foundation based in New York that supports education, health, and housing initiatives through grantmaking. Primary activities involve funding scholarships, academic programs, and medical research at colleges and nonprofit institutions. Also provides support for youth development and affordable housing organizations.

named programs · 4 · from sources

What they call their work

Affordable Housing Assistance
Grants support for housing stability and affordability through organizations like Families Forward
Health Initiatives
Supports medical research and patient care through grants to institutions such as Fund for Penn Medicine and Hoag Hospital Foundation
Higher Education Support
Funds scholarships and academic programs at colleges and universities including Amherst College, Dartmouth College, and Yale China Association
Youth Development
Provides funding for youth-serving organizations including Apex for Youth Inc to support educational and social development programs
activities · 3 groups

What they do

  • Multi-Institution Scholarship Funding 1 activity
    • Funding educational programs
      Supports educational initiatives through grants to organizations and institutions such as Amherst College, Yale China Association, Dartmouth College, Scholarship America, Apex for Youth Inc, and the United Board.
  • Hospital and Medical Center Support 1 activity
    • Funding health-related initiatives
      Provides grants to support health-related programs and institutions, including the Fund for Penn Medicine and the Hoag Hospital Foundation.
  • Interest-Free Loan and Grant Support 1 activity
    • Funding housing programs
      Provides financial support to Families Forward for housing program purposes.
financials · form 990PF · fy2024
revenue
Total revenue$631K
Contributions & grants——
Program service revenue——
Investment income$334K53%
Other revenue$292K
expenses
Total expenses$150K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$1.29M
balance sheet
Total assets$12.41M
Cash—
Investments—
Liabilities—
Net assets$12.41M
5 years on record · 2020–2024 · YoY revenue -49.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • DOUGLAS K CHIA — TRUSTEE
  • KATHERINE CHIA — CHAIRPERSON
  • KATHERINE SHEN — TRUSTEE
  • PEI-YUAN CHIA — DIRECTOR
relationships · 9

Who they work with

  • AMHERST COLLEGE Partner — Funded for educational purposes in 2023 and 2024.
  • APEX FOR YOUTH INC Partner — Funded for educational purposes in 2024.
  • DARTMOUTH COLLEGE Partner — Funded for educational purposes in 2023 and 2024.
  • FAMILIES FORWARD Partner — Funded for housing program purposes in 2024.
  • FUND FOR PENN MEDICINE Partner — Funded for health-related purposes in 2024.
  • HOAG HOSPITAL FOUNDATION Partner — Funded for health-related purposes in 2024.
  • SCHOLARSHIP AMERICA Partner — Funded for educational purposes in 2023 and 2024.
  • UNITED BOARD Partner — Funded for educational purposes in 2023.
  • YALE CHINA ASSOCIATION Partner — Funded for educational purposes in 2024.