Ck And Kay Ho Foundation
- Assets
- $10.5m
- Revenue
- $1.5m
- Investments
- $9.9m
- Employees
- 0
- Location
- Rancho Palos Verdes, CA
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-5291583
Organization Overview
Ck And Kay Ho Foundation is located in Rancho Palos Verdes, 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. Ck And Kay Ho 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 12/2021, Ck And Kay Ho Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ck And Kay Ho Foundation has awarded 134 individual grants totaling $4,199,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ck Ho Director | 4 | $0 | |
Hing Kay Ho Director | 4 | $0 | |
Vanessa K Ho Director | 2 | $0 | |
Christopher K Ho Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $345,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $960,000 |
| Capital Gain Net Income | $960,000 |
| Net ST Capital Gain | $156,108 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $213,171 |
| Total Revenue | $1,519,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,444 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,483 |
| Total operating and administrative expenses | $52,625 |
| Contributions, gifts, grants paid | $1,019,000 |
| Total expenses and disbursements | $1,071,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,923 |
| Savings and temporary cash investments | $260,948 |
| 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 | $111,541 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $44,540 |
| Total assets | $10,494,089 |
| 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 | $231 |
| Total liabilities | $231 |
Grants Awarded
Over the last fiscal year, Ck And Kay Ho Foundation has awarded $1,019,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
FAR EAST BROADCASTING COMPANY INC PURPOSE: FEBC LEADERSHIP AROUND THE WORLD ARE PASSIONATE ABOUT REACHING PEOPLE WITH THE LIFE-CHANGING MESSAGE OF JESUS CHRIST. | $260,000 |
Littleton, CO PURPOSE: OMF IS SERVING THE CHURCH, SHARING THE GOSPEL. OMF PARTNERS WITH 2,500+ WORKERS FROM OVER 40 NATIONS TO SERVE MORE THAN 100 EAST ASIAN PEOPLE GROUPS. | $250,000 |
Torrance, CA PURPOSE: FOR THE SUPPORT OF CHRISTIAN MISSIONARIES & EDUCATIONAL SERVICES WORLDWIDE | $250,000 |
BREAD OF LIFE CHURCH PURPOSE: FOR TEH BREAD OF LIFE CHURCH GENERAL FUND AND FOR CHRISTIAN MISSIONARIRES WORLDWIDE | $112,000 |
OC INTERNATIONAL PURPOSE: FOR THE SUPPORT OF CHRISTIAN MISSIONARIES WORLDWIDE | $26,000 |
ASIA ART ARCHIVE IN AMERICA PURPOSE: AAA?S MISSION IS TO ACT AS A CATALYST FOR NEW IDEAS THAT ENRICH OUR UNDERSTANDING OF THE WORLD THROUGH THE COLLECTION, CREATION, AND SHARING OF KNOWLEDGE AROUND RECENT ART IN AND OF ASIA. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |