Lijiang Foundation is located in Menlo Park, CA. The organization was established in 2010. 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. Lijiang 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 10/2023, Lijiang Foundation generated $349.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $97.9k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lijiang Foundation has awarded 46 individual grants totaling $477,215. 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
SUPPORT FOR CHARITABLE ORGANIZATIONS BENEFITING THE COMMUNITY, SCIENCE & HIGH TECH INDUSTRIES AND EDUCATIONAL INSTITUTES AT ALL LEVELS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shuyan Qi CEO | 1 | $0 | |
Song Wang CEO | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $260,620 |
| Interest on Savings | $1 |
| Dividends & Interest | $41,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,455 |
| Capital Gain Net Income | $46,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $348,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,291 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,074 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,562 |
| Contributions, gifts, grants paid | $89,385 |
| Total expenses and disbursements | $97,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,276 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,062,647 |
| 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 | $1,274 |
| Total liabilities | $1,274 |
Over the last fiscal year, Lijiang Foundation has awarded $89,385 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CALTECH PURPOSE: GENERAL SUPPORT | $60,000 |
MIT PURPOSE: GENERAL SUPPORT | $10,000 |
SHIN SHIN EDUCATIONAL FOUNDATION PURPOSE: GENERAL SUPPORT | $12,900 |
CUPERTINO ROTARY ENDOWMENT FOUNDATI PURPOSE: GENERAL SUPPORT | $685 |
YOUTH COMMUNITY SERVICE INC PURPOSE: GENERAL SUPPORT | $1,000 |
WIZCHINESE PURPOSE: GENERAL SUPPORT | $2,200 |