Fountainer Foundation Inc is located in San Jose, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Fountainer Foundation Inc 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 11/2023, Fountainer Foundation Inc generated $58.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $43.5k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO THE CHURCH OF SAN JOSE FOR THE SPREADING GOSPEL AND BUILD UP THE CHURCH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shaun Lin President | 8 | $0 | |
Helena Mei CEO | 8 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,000 |
Interest on Savings | $6,225 |
Dividends & Interest | $1,242 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,000 |
Capital Gain Net Income | $1,000 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $58,467 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $28 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $28,178 |
Total operating and administrative expenses | $28,377 |
Contributions, gifts, grants paid | $15,143 |
Total expenses and disbursements | $43,520 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $190,816 |
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 | $1,015,388 |
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 |
Over the last fiscal year, Fountainer Foundation Inc has awarded $15,143 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE CHURCH IN SAN JOSE PURPOSE: FOR SPREADING GOSPEL | $14,943 |
THE CHURCH IN CAMPBELL PURPOSE: FOR SPREADING GOSPEL | $200 |