L & C Family Foundation
- Assets
- $122.4k
- Revenue
- $165.0
- Investments
- $22.2k
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- 01/2006
- Data as of
- 10/2024
- EIN
- 20-3825145
Organization Overview
L & C Family Foundation is located in Saratoga, CA. The organization was established in 2006. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. L & C 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 10/2024, L & C Family Foundation generated $165.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $8.5k during the year ending 10/2024. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chun Cheng Lin President & CEO | 4 | $0 | |
Ying Szu Chang Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $165 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $165 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $1,291 |
| Total operating and administrative expenses | $4,500 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $8,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,659 |
| 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 | $600 |
| Total assets | $122,418 |
| Accounts payable and accrued expenses | $184 |
| 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 | $184 |
Grants Awarded
Over the last fiscal year, L & C Family Foundation has awarded $4,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BUDDHIST TZU CHI CHARITY FOUNDATION PURPOSE: TO HELP THOSE IN NEED WITH LOVE AND CARE: WERE ALL ONE FAMILY ON THIS EARTH. TZU CHI SERVES ONE AND ALL IN THE SPIRIT OF ONE GLOBAL FAMILY. COMBING HUMANITARIAN AID WITH A SPIRITUAL MINISTRY, TZU CHI SPREADS THE UNIVERSAL VALUE OF COMPASSION AND FOSTERS PUTTING IT INTO ACTION THROUGH GIVING AND SOCIAL SERVICE. | $1,000 |
SPRINGSONG ART AND CULTURE FOUNDATI PURPOSE: TO BUILD UP THE COMMUNITY, WITH CARE FOR THE LACK OF MUSIC RESOURCES IN RURAL AREAS. INHERIT TAIWANESE LOCAL MUSIC, INJECT NEW BLOOD, ENRICH ITS CONNOTATION, GIVE NEW STYLE, AND PROMOTE TO THE WORLD. | $3,000 |