Liu Foundation is located in New York, NY. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liu Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Liu Foundation generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Liu Foundation has awarded 38 individual grants totaling $2,600,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Liu President/dir. | 1 | $0 | |
Wyna Liu Dir./secretary | 1 | $0 | |
Laura Parsons Director/vp | 1 | $0 | |
Fred Teng Director | 1 | $0 | |
Whiting Wu Dir./treasurer | 1 | $0 | |
Karen Lavine Asst. Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,410 |
| Dividends & Interest | $32,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,050 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $592 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $858 |
| Total operating and administrative expenses | $24,595 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $49,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,398 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $241,566 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $567 |
| Total assets | $1,776,426 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Liu Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK HALL OF SCIENCE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
BIG BROTHERS BIG SISTERS OF NYC PURPOSE: SUPPORT FOR PROGRAMS SERVING CHINESE-AMERICAN YOUTH. | $25,000 |