Ck Family Foundation
- Assets
- $1.1m
- Revenue
- $252.0k
- Investments
- $759.6k
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 06/2012
- Data as of
- 11/2021
- EIN
- 45-4005757
Organization Overview
Ck Family Foundation is located in Sunnyvale, CA. The organization was established in 2012. 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. Ck 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 11/2021, Ck Family Foundation generated $252.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $103.1k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ck Family Foundation has awarded 23 individual grants totaling $381,450. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISIT SCHOOLS THAT SHIN SHIN EDUCATIONAL FOUNDATION SUPPORTED. DONATION TO SHIN SHIN EDUCATIONAL FOUNDATION, THE THACHER SCHOOL, SARATOGA EDUCATION FOUNDATION, WHICH SUPPORT THE SCHOOLS TO CONTINUALLY PROVIDE HIGH QUALITY EDUCATION.
SARATOGA MUSIC BAND: MICHAEL AND MARY WERE VOLUNTEERS FOR THE ACTIVITIES AND ARE STILL KEEPING ACTIVE VOLUNTEERS WITH THEM.
CUPERTINO ROTARY CLUB: MICHAEL AND MARY INVOLVED TWO ACTIVITIES: ANNUALLY DONATION EVENT AT BAY AREA ON EARLIER OF 2015/2016 AND ALSO JOINED THEIR BEIJING ROTARY CELEBRATIONS AND INVITED FRIENDS TO DO THE DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sun CEO | 5 | $0 | |
Charlie C Sun CFO | 5 | $0 | |
Mary Wang Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $0 |
| Net Rental Income | $7,210 |
| Net Gain on Sale of Assets | $243,053 |
| Capital Gain Net Income | $243,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10 |
| Total Revenue | $251,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,634 |
| Depreciation | $3,989 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,707 |
| Total operating and administrative expenses | $47,017 |
| Contributions, gifts, grants paid | $56,100 |
| Total expenses and disbursements | $103,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $344,328 |
| 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 | $118,146 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,103,949 |
| 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, Ck Family Foundation has awarded $56,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE THATCHER SCHOOL PURPOSE: GENERAL SUPPORT | $40,000 |
SHIN SHIN EDUCATIONAL FOUNDATION PURPOSE: GENERAL SUPPORT | $15,200 |
ZHI YIN VOCAL MUSIC CENTER PURPOSE: GENERAL SUPPORT | $600 |
STJUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL SUPPORT | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |