Fong Family Foundation
- Assets
- $14.0k
- Revenue
- $16.2k
- Investments
- $3.9k
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 46-3637172
Organization Overview
Fong Family Foundation is located in Mountain View, CA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fong 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 06/2022, Fong Family Foundation generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $661.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Fong Family Foundation has awarded 27 individual grants totaling $654,253. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathrynn L Frederick Director | 0 | $0 | |
Laurence Y Fong Secretary And Director | 5 | $0 | |
Elaine Hl Soo Director | 0 | $0 | |
Hilda Fong Shou President | 5 | $0 | |
Lydia Kw Fong CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $616 |
| Dividends & Interest | $19,016 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,479 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,212 |
| Total operating and administrative expenses | $7,419 |
| Contributions, gifts, grants paid | $654,253 |
| Total expenses and disbursements | $661,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,072 |
| Savings and temporary cash investments | $0 |
| 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 | $14,018 |
| 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, Fong Family Foundation has awarded $654,253 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE FUND PURPOSE: FOR DONATION TO CHARITIES | $496,853 |
FIFTH HOME OF CHRIST CHURCH PURPOSE: TO SUPPORT EVANGELISTIC MISSION WORK | $35,000 |
CARE PURPOSE: TO SUPPORT THEIR WORK | $11,500 |
Fairfield, CT PURPOSE: TO SUPPORT THEIR HUMANITARIAN WORK | $11,500 |
Wheaton, IL PURPOSE: TO SUPPORT THEIR WORK | $10,000 |
MERCY SHIPS PURPOSE: TO SUPPORT THEIR WORK | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Child And Family Service Ewa Beach, HI | $20,885,160 | $29,767,300 |