Acts Charity Foundation
- Assets
- $3.0m
- Revenue
- $587.9k
- Investments
- $2.6m
- Employees
- 0
- Location
- Rancho Santa Margarita, CA
- Founding
- 07/2010
- Data as of
- 12/2023
- EIN
- 26-4497067
Organization Overview
Acts Charity Foundation is located in Rancho Santa Margarita, 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. Acts Charity 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 12/2023, Acts Charity Foundation generated $587.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $398.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Acts Charity Foundation has awarded 239 individual grants totaling $3,052,339. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARING LOVE OF JESUS CHRIST TO THE COMMUNITY BY HELPING THOSE IN NEED THROUGH CHARITABLE DONATIONS.
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 |
|---|---|---|---|
Carl Chang President | 10 | $0 | |
Diana Chang Treasurer/secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $498,341 |
| Interest on Savings | $0 |
| Dividends & Interest | $124,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$35,214 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $587,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,638 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,276 |
| Contributions, gifts, grants paid | $366,389 |
| Total expenses and disbursements | $398,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $398,361 |
| 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 | $540,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,976,156 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Acts Charity Foundation has awarded $366,389 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ADOBE BLUFFS ELEMENTARY PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $104 |
ALL NATIONS FAMILY PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $1,200 |
ALZHEIMER'S ASSOCIATION PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $2,000 |
AMERICAN BIBLE SOCIETY PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $2,000 |
AMAZON FOOD FOR HOME AID PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $460 |
CAMP KESEM PURPOSE: HELP FUND THE ORGANIZATION'S ACTIVITIES | $525 |