Ardor Foundation is located in Milpitas, CA. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ardor 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 07/2023, Ardor Foundation generated $106.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $27.5k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ardor Foundation has awarded 217 individual grants totaling $172,863. 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
NA
NA
NA
NA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hsing Yuan President CEO | 8 | $0 | |
Janejane Hsu CFO | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,015 |
| Dividends & Interest | $7,293 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,879 |
| Capital Gain Net Income | $97,879 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,187 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $2,009 |
| Contributions, gifts, grants paid | $25,456 |
| Total expenses and disbursements | $27,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605,229 |
| 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 | $605,229 |
| 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 |
Over the last fiscal year, Ardor Foundation has awarded $25,456 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION PURPOSE: DONATION | $120 |
BUDDHIST TZU CHI FOUNDATION PURPOSE: DONATION | $200 |
HABITAT FOR HUMANITY EAST BAY PURPOSE: DONATION | $600 |
SAVE OUR SHORES PURPOSE: DONATION | $250 |
SPECIAL OLYMPICS PURPOSE: DONATION | $400 |
UC SANTA BARBARA FOUNDATION PURPOSE: DONATION | $5,000 |