Wong Foundation
- Assets
- $223.4k
- Revenue
- $9.0k
- Investments
- $126.7k
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 45-5319160
Organization Overview
Wong Foundation is located in Fremont, CA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Wong 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 12/2021, Wong Foundation generated $9.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $9,035 |
| Net Rental Income | $0 |
| 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 | $9,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $408 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,408 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $3,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,720 |
| 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 | $223,390 |
| 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, Wong Foundation has awarded $4,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Livermore, CA PURPOSE: SUPPORT ARTSEDUCATION PROGRAMS | $3,000 |
Livermore, CA PURPOSE: IMPROVE LIFE FORUNDERSERVED LOCAL CHILDREN | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |
Childrens Legal Services Of San Diego San Diego, CA | $3,320,083 | $4,712,343 |
United Labor Agency Of Nevada Inc Las Vegas, NV | $492,532 | $3,236,061 |
The Conservation Alliance Bend, OR | $7,750,898 | $3,428,997 |
Springboard Social Enterprises Ladera Ranch, CA | $181,465 | $2,640,885 |
The Moonridge Foundation Las Vegas, NV | $1,474,323 | $2,560,150 |
Commission On Eliminating Harassment And Advancing Equality Santa Monica, CA | $1,601,546 | $2,132,862 |