Huang Pacific Foundation is located in Atherton, CA. The organization was established in 2014. 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. Huang Pacific 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 12/2022, Huang Pacific Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $344.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Huang Pacific Foundation has awarded 54 individual grants totaling $2,297,791. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Huang President & Dir | 0 | $0 | |
Lily S Huang Secr. & Treasur | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $98 |
| Dividends & Interest | $183,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,169,091 |
| Capital Gain Net Income | $1,169,091 |
| Net ST Capital Gain | $62,468 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,352,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,135 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,005 |
| Total operating and administrative expenses | $41,240 |
| Contributions, gifts, grants paid | $302,959 |
| Total expenses and disbursements | $344,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,989,176 |
| 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 | $5,109,066 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,098,242 |
| Accounts payable and accrued expenses | $11,741 |
| 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 | $13,558 |
| Total liabilities | $25,299 |
Over the last fiscal year, Huang Pacific Foundation has awarded $302,959 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CANAAN TAIWANESE CHRISTIAN CHURCH PURPOSE: SUPPORT CHARITABLE PURPOSE | $26,000 |
DEL MONTE FOREST CONSERVANCY PURPOSE: SUPPORT CHARITABLE PURPOSE | $600 |
ALL MAY SEE FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $58,000 |
KRAUSE CENTER FOR INNOVATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $6,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: SUPPORT CHARITABLE PURPOSE | $150,000 |
MIT SLOAN ANNUAL FUND PURPOSE: SUPPORT CHARITABLE PURPOSE | $10,000 |