Peter Yu-Chen Chiu Memorial Foundation
- Assets
- $149.6k
- Revenue
- $13.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 27-3109279
Organization Overview
Peter Yu-Chen Chiu Memorial Foundation is located in Houston, TX. The organization was established in 2012. 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. Peter Yu-Chen Chiu Memorial 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 12/2022, Peter Yu-Chen Chiu Memorial Foundation generated $13.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $11.4k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 6 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivy Chiu-Yun Hsiao President | 5 | $0 | |
Joseph Min-Chiang Chen Vice President | 2 | $0 | |
Joseph Min-Chiang Chen Treasury | 2 | $0 | |
Shih-Chien Kenny Lin Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,858 |
| Total Revenue | $13,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $174 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16 |
| Total operating and administrative expenses | $880 |
| Contributions, gifts, grants paid | $10,470 |
| Total expenses and disbursements | $11,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,750 |
| 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 | $133,822 |
| 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 | $149,572 |
| 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, Peter Yu-Chen Chiu Memorial Foundation has awarded $10,470 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHINESE FAMILY FOR CHRIST PURPOSE: SUPPORT THE EFFORT DEDICATED IN TRANSLATING BIBLE FOR THE RURAL TRIBES IN CHINA | $2,520 |
KATY CHRISTIAN COMMUNITY CHURCH PURPOSE: PROMOTE CHRISTIAN BELIEF | $5,000 |
THE CRU FOUNDATION PURPOSE: SUPPORT CHRISTIAN BELIEF | $1,200 |
JOY PARTNERS INTERNATIONAL INC PURPOSE: SUPPORT MUSIC EDUCATION | $1,750 |