Candor Foundation Inc
- Assets
- $7.7m
- Revenue
- $338.4k
- Investments
- $3.0m
- Employees
- 0
- Location
- Rolling Hills, CA
- Founding
- 10/2001
- Data as of
- 12/2023
- EIN
- 31-1794327
Organization Overview
Candor Foundation Inc is located in Rolling Hills, CA. The organization was established in 2001. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Candor Foundation Inc 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 12/2023, Candor Foundation Inc generated $338.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $398.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Candor Foundation Inc has awarded 159 individual grants totaling $2,667,002. 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 |
|---|---|---|---|
Irene W Keng President | 1 | $0 | |
Su-Chu Wang Secretary | 1 | $0 | |
James Keng Director | 0 | $0 | |
Donald Lam Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $197,068 |
| Dividends & Interest | $7,060 |
| 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 | $74,250 |
| Total Revenue | $338,378 |
| 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 | $400 |
| Total operating and administrative expenses | $9,256 |
| Contributions, gifts, grants paid | $388,718 |
| Total expenses and disbursements | $397,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,207 |
| Savings and temporary cash investments | $4,720,622 |
| 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 | $2,992,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,720,276 |
| 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, Candor Foundation Inc has awarded $388,718 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
NO 401 NATIONAL CHENGCHI UNIVERSITY PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $11,313 |
NATIONAL CENTRAL UNIVERSITY PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $11,313 |
NATIONAL CHENG KUNG UNIVERSITY PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $13,188 |
NATIONAL TAIWAN UNIVERSITY PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $3,781 |
ASSOCIATION OF PING-TUNG INDIGENOUS PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $59,469 |
NATIONAL TSING HUA UNIVERSITY PURPOSE: SUPPORT FOR SCHOOL EDUCATION | $11,313 |