Tchang Family Foundation
- Assets
- $3.1m
- Revenue
- $105.5k
- Investments
- $3.0m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 08/1999
- Data as of
- 05/2024
- EIN
- 33-0862430
Organization Overview
Tchang Family Foundation is located in San Diego, CA. The organization was established in 1999. 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. Tchang Family 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 05/2024, Tchang Family Foundation generated $105.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $120.7k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Tchang Family Foundation has awarded 66 individual grants totaling $1,890,681. 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 |
|---|---|---|---|
Genevieve Tchang Frost Secretary & Treasurer | 0.5 | $0 | |
Theodore Tchang President | 1 | $0 | |
Lorna Tchang Alcala Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $137 |
| Dividends & Interest | $40,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $291 |
| Capital Gain Net Income | $291 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $64,327 |
| Total Revenue | $105,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $95 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,436 |
| Total operating and administrative expenses | $37,462 |
| Contributions, gifts, grants paid | $83,250 |
| Total expenses and disbursements | $120,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,005 |
| 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 | $1,535,213 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,053,789 |
| 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, Tchang Family Foundation has awarded $83,250 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAII COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
NORTHMINSTER PRESCHOOL PURPOSE: GENERAL SUPPORT | $30,000 |
HARVARD BUSINESS SCHOOL PURPOSE: GENERAL SUPPORT | $5,000 |
RADY CHILDREN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $7,500 |
THE NEW CHILDREN'S MUSEUM PURPOSE: GENERAL SUPPORT | $500 |
VEAHAVTA PURPOSE: GENERAL SUPPORT | $15,000 |