The Chinese Heritage Foundation was established, in 2004, by members of the Chinese community of the Minneapolis/St. Paul metropolitan area of Minnesota, in cooperation with The Minneapolis Foundation, to preserve and promote, through grant making, the understanding of Chinese history, culture, and heritage among all Minnesotans. The inaugural fund, the Chinese Heritage Foundation Fund, is an endowed fund, with grants of income restricted to the Foundation's funding priorities.

Recognizing that the charitable interests of Chinese families are broad and diverse, individual Donor Advised Funds have been incorporated as part of the Chinese Heritage Foundation.