Bcw Family is located in Saratoga, CA. The organization was established in 2011. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Bcw Family 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 06/2022, Bcw Family generated $100.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $6.0k during the year ending 06/2022. 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
RESUMED FOSTER ACTIVITY FROM NOV 2021 WHICH HAD BEEN PAUSED DURING LAST FISCAL YEAR DUE TO COVID PANDEMIC.
WORKED ON PLANNING OF ONLINE FOREIGN LANGUAGE TEACHING GROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hongwei Guo CEO | 5 | $0 | |
Xiaobo Yan CFO | 6 | $0 | |
Chengzi Kaku Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $100,000 |
Interest on Savings | $12 |
Dividends & Interest | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $100,012 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $6,000 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $6,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $167,258 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1 |
Over the last fiscal year, Bcw Family has awarded $400 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
PALO ALTO MEDICAL FOUNDATION PURPOSE: CHARITABLE DONATION | $100 |
SARATOGA HIGH SCHOOL PURPOSE: CHARITABLE DONATION | $250 |
JOHNS HOPKINS PURPOSE: CHARITABLE DONATION | $50 |