Liferay Foundation is located in Diamond Bar, CA. The organization was established in 2009. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, 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. Liferay 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 12/2023, Liferay Foundation generated $183.3k 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 (26.9%) each year. All expenses for the organization totaled $381.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Liferay Foundation has awarded 649 individual grants totaling $8,396,685. 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
THE FOUNDATION WAS CREATED TO SUPPORT CHRISTIAN EVANGELISM, WORLD RELIEF, EDUCATION, SOCIAL WELFARE AND OTHER CHARITABLE PURPOSES. DURING 2022, THE FOUNDATION DONATED TO OVER 84 DIFFERENT NOT-FOR-PROFIT ORGANIZATIONS TO SUPPORT THEIR EXEMPT PURPOSE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles May Director Of Operations | 1 | $0 | |
Dennis Ju Executive Director | 1 | $0 | |
Brian Chan Board Member | 0.25 | $0 | |
Bryan Cheung Board Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,377 |
| Dividends & Interest | $29,866 |
| Net Rental Income | $13,357 |
| 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 | $0 |
| Total Revenue | $183,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,863 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,523 |
| Depreciation | $62,364 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,651 |
| Total operating and administrative expenses | $147,271 |
| Contributions, gifts, grants paid | $234,675 |
| Total expenses and disbursements | $381,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,505 |
| Savings and temporary cash investments | $403,350 |
| 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 | $2,208,340 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,167,844 |
| Total assets | $3,904,039 |
| Accounts payable and accrued expenses | $7,321 |
| 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 | $360 |
| Total liabilities | $7,681 |
Over the last fiscal year, Liferay Foundation has awarded $234,675 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF ADVENTURE IN MISSIONS PURPOSE: POOR EMPOWERMENT | $30,500 |
ASIAN ACCESS PURPOSE: VOCATIONAL TRAINING | $10,000 |
GOOD SHEPHERD WORLD EVANGELISM PURPOSE: CHILD DEVELOPMENT | $36,000 |
ONE COLLECTIVE (FORMERLY INTL TEAMS) PURPOSE: EVANGELISM | $600 |
TEAM EXPANSION PURPOSE: EVANGELISM | $5,000 |
TRAINING LEADERS INTERNATIONAL PURPOSE: CHRISTIAN EDUCATION | $10,000 |