Faithful Servants Foundation
- Assets
- $3.2m
- Revenue
- $2.2m
- Investments
- $2.8m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 32-0453536
Organization Overview
Faithful Servants Foundation is located in Los Altos, CA. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithful Servants 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, Faithful Servants Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 51.6% each year . All expenses for the organization totaled $31.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Faithful Servants Foundation has awarded 67 individual grants totaling $1,662,379. 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 |
|---|---|---|---|
Daniel Chang President & CEO | 1 | $0 | |
Helena Lin Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $406 |
| Dividends & Interest | $9,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,222,232 |
| Capital Gain Net Income | $2,222,232 |
| Net ST Capital Gain | $2,222,232 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,232,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,996 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,022 |
| Total operating and administrative expenses | $22,498 |
| Contributions, gifts, grants paid | $9,181 |
| Total expenses and disbursements | $31,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,484 |
| 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 | $3,223,395 |
| Accounts payable and accrued expenses | $1,705 |
| 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 | $1,705 |
Grants Awarded
Over the last fiscal year, Faithful Servants Foundation has awarded $9,181 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD VISION PURPOSE: FOR A GLOBAL CHRISTIAN HUMANITARIAN ORGANIZATION, WHICH PARTNER WITH CHILDREN, FAMILIES, AND THEIR COMMUNITIES TO REACH THEIR FULL POTENTIAL BY TACKLING THE CAUSES OF POVERTY AND INJUSTICE. | $793 |
ALLEGRO ORGANIZATIONAL SOLUTIONS PURPOSE: FOR HOW TO IMPROVE THE LIVELIHOODS OF PEOPLE AROUND THE WORLD. | $3,900 |
CHILDFUND INTERNATIONAL PURPOSE: BY STRENGTHENING RELATIONSHIPS AMONG CHILDREN, PARENTS, COMMUNITY MEMBERS, LOCAL ORGANIZATIONS, TEACHERS AND SCHOOLS, GOVERNMENTS AND OTHERS | $588 |
KINETIX GLOBAL PURPOSE: FOR FOCUSING ON EQUIPPING AND SENDING WORKERS ABROAD, TO USE THEIR SKILLS TO ESTABLISH PROJECTS THAT CREATE JOBS AND MAKE A DIFFERENCE AMONG THE MARGINALIZED AND IMPOVERISHED. | $3,900 |