American Legion Post 384 Foundation Inc is located in San Francisco, CA. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Legion Post 384 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 12/2023, American Legion Post 384 Foundation Inc generated $102.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $63.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FUNDS PROVIDED TO THE VETERANS' SUCCESS CENTER AND FINANCIAL ASSISTANCE IN THE OPERATIONS OF AMERICAN LEGION'S BOYS STATE AND SCHOLARSHIP PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Wong Secretary | 0.25 | $0 | |
Nelson Lum President | 0.25 | $0 | |
Roger Dong CFO | 0.25 | $0 | |
David Y Wong Director | 0.25 | $0 | |
Charles K Paskerian Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,850 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $961 |
| Total expenses | $63,462 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,018 |
| Other assets | $0 |
| Total assets | $41,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,018 |
Over the last fiscal year, American Legion Post 384 Foundation Inc has awarded $85,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAM LEGION DISTRICT 8 PURPOSE: Veterans Success Ctr-operations | $23,750 |
AMERICAN LEGION POST 384 PURPOSE: Scholarships | $11,500 |
AMERICAN LEGION WAR MEMORIAL PURPOSE: War Memorial Bldg-operations | $50,000 |