Si Family Foundation is located in San Jose, CA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Si 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 03/2024, Si Family Foundation generated $4.4k 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 (5.0%) each year. All expenses for the organization totaled $10.1k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT---HOW AI IMPACTS OUR SOCIETY---RESEARCH AND COLLABORATION WITH PROFESSORS AND STUDENTS AT GEORGIA TECH SCHOOL OF COMPUTIONAL SCIENCE AND ENGINEERING AT ATLANTA, GA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jitao Si CEO | 10 | $0 | |
Shan Zhao Secretary & CFO | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $3,414 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $971 |
Capital Gain Net Income | $971 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $4,385 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9 |
Depreciation | $241 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $5,881 |
Total operating and administrative expenses | $7,997 |
Contributions, gifts, grants paid | $2,132 |
Total expenses and disbursements | $10,129 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,322 |
Savings and temporary cash investments | $12,877 |
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 | $444 |
Other assets | $764 |
Total assets | $159,825 |
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 | $799 |
Total liabilities | $799 |
Over the last fiscal year, Si Family Foundation has awarded $2,132 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CORNELL UNIVERSITY PURPOSE: DONATION | $100 |
DUKE UNIVERSITY PURPOSE: DONATIONS | $2,032 |