Caipa Foundation Inc

Organization Overview

Caipa Foundation Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Caipa Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caipa Foundation Inc 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, Caipa Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Caipa Foundation Inc has awarded 22 individual grants totaling $239,869. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE HEALTH OF CHINESE AMERICANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE THE HIGHEST QUALITY SERVICES TO SENIORS IN THE ASIAN-AMERICAN COMMUNITIES THROUGH SOCIAL DAY CARE CENTERS. MAKE SURE THAT SENIORS RECEIVE CULTURALLY SENSITIVE CARE AND SERVICES THAT WOULD OFFER THEM A SECURED, PEACEFUL AND BETTER QUALITY OF LIFE.


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Board, Officers & Key Employees

Name (title)Compensation
Jonathan Chang
Director And VP
$0
Sun-Hoo Foo
Chair/pres./dir./ceo
$0
Felix Chu
Dir./secr./treas.
$0
Susan Lau
Executive Director
$0
George Liu
Director
$0
Alice Lau
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $375,165
All other contributions, gifts, grants, and similar amounts not included above$1,859,436
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,234,601
Total Program Service Revenue$176,993
Investment income $54,295
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,470,287

Grants Awarded

Over the last fiscal year, Caipa Foundation Inc has awarded $239,869 in support to 22 organizations.

Grant RecipientAmount

BUDDHIST TZU CHI FOUNDATION

Org PageRecipient Profile

San Dimas, CA

PURPOSE: COVID-19 DISASTER RELIEF

$68,456

NYC HEALTH HOSPITALSLINCOLN

Org PageRecipient Profile

New York, NY

PURPOSE: COVID-19 DISASTER RELIEF

$13,362

NYC HEALTH HOSPITALSJACOBE

Org PageRecipient Profile

New York, NY

PURPOSE: COVID-19 DISASTER RELIEF

$11,200

NYC HEALTH HOSPITALSCONEY ISLAND

Org PageRecipient Profile

New York, NY

PURPOSE: COVID-19 DISASTER RELIEF

$9,796

RICHMOND UNIVERSITY MEDICAL CENTER

Org PageRecipient Profile

Staten Island, NY

PURPOSE: COVID-19 DISASTER RELIEF

$9,715

BRONXCARE HEALTH SYSTEM

Org PageRecipient Profile

Bronx, NY

PURPOSE: COVID-19 DISASTER RELIEF

$9,640
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Caipa Foundation Inc has recieved totaling $97,586.

Awarding OrganizationAmount
Healthfirst Foundation Inc

New York, NY

PURPOSE: GENERAL & UNRESTRICTED

$75,000
Healthfirst Foundation Inc

New York, NY

PURPOSE: LUNAR YEAR CELEBRATION FUND

$16,966
Maimonides Medical Center-

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$5,620
View Grant Recipient Profile

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