Chia Fan Foundation
Overview
The Chia Fan Foundation is a private nonprofit organization based in Gates Mills, Ohio, established in March 2018. It is dedicated to philanthropy, voluntarism, and grantmaking, particularly focusing on supporting educational initiatives for students and young adults. The foundation is named in honor of Mr. Fan Chia, whose life-long commitment to education and support for students inspired its establishment.
History
Mr. Fan Chia was born in Manchu, China, in 1917. He graduated from Dong-Bei University in Shenyang and moved to Taiwan in 1949. In 1960, he joined National Chengchi University as both an administrator and a professor, where he served until his retirement in 1987. Throughout his career, Mr. Fan dedicated significant effort to assisting overseas Chinese students in Taiwan. He passed away on March 21, 2010, in Taipei, Taiwan. The Chia Fan Foundation was founded to perpetuate his legacy of fostering educational opportunities.
Mission and Activities
The Chia Fan Foundation aims to continue Mr. Fan's mission by providing support to students through various educational initiatives. The foundation is primarily funded by Mr. Fan's friends and family and does not solicit public donations. Its efforts are focused on fostering educational growth and development among young adults, reflecting Mr. Fan's values and commitments.
Financial Information
As of the last fiscal year, the Chia Fan Foundation reported total assets of approximately $284,486, placing it in the top 14% of nonprofits nationally. While it has significant assets, the foundation reported no revenue during the most recent filing period, reflecting its status as a private foundation focused on its stated mission rather than revenue generation. It operates under the NTEE classification of T22 - Philanthropy, Voluntarism, and Grantmaking Foundations, where it ranks prominently among its peers based on asset size.
Conclusion
The Chia Fan Foundation is a dedicated organization committed to honoring the legacy of Mr. Fan Chia through educational philanthropy. Its focus on fostering the educational aspirations of students and young adults aligns closely with the values upheld by Mr. Fan throughout his life.
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Chia Fan Foundation
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