The Chan Soon-Shion Family Foundati On

Organization Overview

The Chan Soon-Shion Family Foundati On is located in Los Angeles, CA. The organization was established in 2010. 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. Chan Soon-Shion Family Foundati On 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 09/2021, Chan Soon-Shion Family Foundati On generated $31.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $8.5m during the year ending 09/2021. While expenses have increased by 1.7% per year over the past 5 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 2015, Chan Soon-Shion Family Foundati On has awarded 143 individual grants totaling $60,627,084. 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 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Holthouse Carlin & Van Trigt Llp
$85,639
Rodriguez Horii Choi Cafferata L
$0
Merrill Lynch
$0
Rodriguez Horii Choi & Cafferata Llp
$154,796
Merrill Lynch
$218,847
Holthouse Carlin Van Trigt Llp
$0
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $237
Dividends & Interest $4,626,295
Net Rental Income$0
Net Gain on Sale of Assets $1,603,807
Capital Gain Net Income $1,603,806
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $24,816,711
Total Revenue $31,047,050

Grants Awarded

Over the last fiscal year, The Chan Soon-Shion Family Foundati On has awarded $8,015,167 in support to 18 organizations.

Grant RecipientAmount

BANK OF AMERICA CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: CHARITABLE

$5,000,000

ACADEMY FOUNDATION

Org PageRecipient Profile

Beverly Hills, CA

PURPOSE: CHARITABLE

$1,000,000

ICAHN SCHOOL OF MEDICINE

PURPOSE: CHARITABLE

$700,000

SCHWARZMAN SCHOLAR PROGRAM

PURPOSE: CHARITABLE

$666,667

RIGHT TO CARE

PURPOSE: CHARITABLE

$180,000

ASU FOUNDATION (MCCAIN INSTITUTE)

PURPOSE: CHARITABLE

$100,000
View Grant Profile

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