Chen & Jen Family Foundation
- Assets
- $12.8k
- Revenue
- $3.9k
- Investments
- $2.6k
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 07/2014
- Data as of
- 04/2024
- EIN
- 46-5689983
Organization Overview
Chen & Jen Family Foundation is located in Sunnyvale, CA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Chen & Jen 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 04/2024, Chen & Jen Family Foundation generated $3.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $7.5k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Chen President & CEO | 1 | $0 | |
Katharine J Jen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $490 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,421 |
| Capital Gain Net Income | $3,421 |
| Net ST Capital Gain | $3,421 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,911 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195 |
| Depreciation | $1,840 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,135 |
| Printing and publications | $0 |
| Other expenses | $2,075 |
| Total operating and administrative expenses | $7,416 |
| Contributions, gifts, grants paid | $130 |
| Total expenses and disbursements | $7,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,296 |
| 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 | $1,913 |
| Other assets | $0 |
| Total assets | $12,775 |
| 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 | $3,128 |
| Total liabilities | $3,128 |
Grants Awarded
Over the last fiscal year, Chen & Jen Family Foundation has awarded $130 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT EXCHANGE COVENANT CHURCH PURPOSE: TO BE AN AUTHENTIC, LOVING AND VIBRANT CHURCH COMMUNITY THAT PARTNERS WITH GOD IN TRANSFORMING PEOPLE OF ALL CULTURAL BACKGROUNDS AND PERSONAL CIRCUMSTANCES INTO COMMITTED FOLLOWERS OF JESUS CHRIST, WHO SERVE LOCALLY AND GLOBALLY. | $90 |
NIMITZ ELEMENTARY SCHOOL PURPOSE: TO RAISE FUNDS TO IMPROVE THE ACADEMIC PROGRAMS AND TECHNOLOGY THAT BENEFITS ALL STUDENTS OF NIMITZ ELEMENTARY SCHOOL. | $40 |