Chang Family Foundation
- Assets
- $1.0m
- Revenue
- $390.5k
- Investments
- $981.4k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/2005
- Data as of
- 09/2024
- EIN
- 20-3616044
Organization Overview
Chang Family Foundation is located in Pittsburgh, PA. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chang Family 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 09/2024, Chang Family Foundation generated $390.5k in total revenue. All expenses for the organization totaled $57.9k during the year ending 09/2024.
Since 2015, Chang Family Foundation has awarded 90 individual grants totaling $443,600. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $366,280 |
| Capital Gain Net Income | $366,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $390,524 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,501 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $281 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,145 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,927 |
| Contributions, gifts, grants paid | $46,000 |
| Total expenses and disbursements | $57,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,239 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,006,603 |
| 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 |
Grants Awarded
Over the last fiscal year, Chang Family Foundation has awarded $46,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MERIT SCHOOL OF MUSIC PURPOSE: GENERAL | $5,000 |
HARVARD UNIVERSITY PHILLIPS BROOKS HOUSE PURPOSE: GENERAL | $2,000 |
LADIES OF VIRTUE PURPOSE: GENERAL | $2,000 |
SHRIVER CENTER ON POVERTY LAW PURPOSE: GENERAL | $2,000 |
RSNA RESEARCH & EDUCATIONAL FOUNDATION PURPOSE: GENERAL | $5,000 |
SIIM EDUCATION & RESEARCH FUND PURPOSE: GENERAL | $5,000 |