Asam Charitable Tr
- Assets
- $111.1k
- Revenue
- $5.7k
- Investments
- $50.0k
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-6225784
Organization Overview
Asam Charitable Tr is located in Bellevue, WA. The organization was established in 2011. 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. Asam Charitable Tr 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, Asam Charitable Tr generated $5.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $33.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Asam Charitable Tr has awarded 88 individual grants totaling $129,122. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Chang Trustee | 0 | $0 | |
I-Hua S Chang Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,125 |
| Interest on Savings | $20 |
| Dividends & Interest | $1,422 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,976 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63 |
| Total Revenue | $5,654 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $2,042 |
| Contributions, gifts, grants paid | $31,577 |
| Total expenses and disbursements | $33,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,320 |
| Savings and temporary cash investments | $48,703 |
| 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 | $111,059 |
| 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, Asam Charitable Tr has awarded $31,577 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CMRI PURPOSE: GENERAL | $200 |
COMPASSION PURPOSE: GENERAL | $657 |
ABWE PURPOSE: GENERAL | $3,950 |
IMMANUEL CHILDREN'S FOUNDATION PURPOSE: GENERAL | $1,500 |
DESIRING GOD PURPOSE: GENERAL | $360 |
LIVING HOPE BIBLE CHURCH PURPOSE: GENERAL | $500 |