Wisteria Foundation
- Assets
- $1.1m
- Revenue
- $28.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 12/2012
- Data as of
- 10/2023
- EIN
- 45-4008334
Organization Overview
Wisteria Foundation is located in Palo Alto, CA. The organization was established in 2012. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisteria 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 10/2023, Wisteria Foundation generated $28.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $82.6k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wisteria Foundation has awarded 37 individual grants totaling $286,800. 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
EACH YEAR, WE ORGANIZED CLASSROOM ACTIVITIES AT DUVENECK ELEMENTARY SCHOOL IN PALO ALTO, INTRODUCING KIDS TO THE CHINESE CULTURE AND CHINESE NEW YEAR. THIS YEAR'S ACTIVITIES INCLUDE A PRESENTATION, DISPLAY OF CHINESE ARTIFACTS, HANDS ON ACTIVITY LIKE CRAFTS AND TRYING ON TRADITIONAL CLOTHING AND TRYING OUT CHINESE FOOD. THROUGH THESE ACTIVITIES, WE ARE GIVING KIDS EXPOSURE TO A DIFFERENT CULTURE AND TO TEACH DIVERSITY AND UNITY FROM YOUNG AGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xin Liu President & CEO | 2 | $0 | |
Hua Ai CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $20,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,487 |
| Capital Gain Net Income | $7,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $919 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,611 |
| Contributions, gifts, grants paid | $76,000 |
| Total expenses and disbursements | $82,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,237 |
| Savings and temporary cash investments | $17,079 |
| 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 | $1,101,681 |
| 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, Wisteria Foundation has awarded $76,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERS IN EDUCATION PURPOSE: EDUCATION | $8,000 |
ADA'S CAFE PURPOSE: COMMUNITY FOOD | $6,000 |
BOY SCOUTS OF AMERICA PURPOSE: EDUCATION | $10,000 |
PALO ALTO ART CENTER FOUNDATION PURPOSE: EDUCATION | $5,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITA PURPOSE: CANCER RESEARCH | $8,000 |
YOUTH COMMUNITY SERVICE INC PURPOSE: EDUCATION | $8,000 |