Global Trimension Impact Foundation
- Assets
- $114.4k
- Revenue
- $1.9k
- Investments
- $83.5k
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 07/2015
- Data as of
- 10/2023
- EIN
- 47-2530347
Organization Overview
Global Trimension Impact Foundation is located in San Jose, CA. The organization was established in 2015. 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. Global Trimension Impact 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 10/2023, Global Trimension Impact Foundation generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.7%) each year. All expenses for the organization totaled $53.1k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT 11
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chun Yu Chen President & CEO | 1 | $0 | |
Kelly Chen Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,269 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $597 |
| Capital Gain Net Income | $597 |
| Net ST Capital Gain | $597 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,866 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67 |
| Depreciation | $20 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $144 |
| Total operating and administrative expenses | $4,831 |
| Contributions, gifts, grants paid | $48,278 |
| Total expenses and disbursements | $53,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,862 |
| 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 | $83,502 |
| Net Land, buildings, and equipment | $30 |
| Other assets | $0 |
| Total assets | $114,394 |
| 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, Global Trimension Impact Foundation has awarded $48,278 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARK BAPTIST CHURCH PURPOSE: TO SEE REAL LIFE-CHANGE AMONG THEIR FRIENDS AND NEIGHBORS BOTH IN THE COMMUNITY AND AROUND THE WORLD. | $21,500 |
INSTITUTE FOR PRINCIPLE STUDIES PURPOSE: TO RESTORE TRUE ETHICS, LIMITED GOVERNMENT, FREE MARKETS, AND REAL LIBERTY TO OUR NATION | $4,000 |
CITYTEAM PURPOSE: TO SHARE CHRISTS UNCONDITIONAL AND REDEMPTIVE LOVE BY CARING FOR IMMEDIATE NEEDS AND ENABLING LASTING SOLUTIONS. | $6,000 |
STREAM OF PRAISE MUSIC MINISTRIES PURPOSE: TO SERVE GOD WITH ALL OF OUR HEART, MIND AND STRENGTH. | $1,500 |
GRACE COMMUNITY CHURCH PURPOSE: TO GLORIFY GOD BY PROCLAIMING THE GOSPEL OF JESUS CHRIST THROUGH THE POWER OF THE HOLY SPIRIT, FOR THE SALVATION OF THE LOST AND EDIFICATION OF THE CHURCH. | $500 |
FOCUS ON THE FAMILY PURPOSE: TO COOPERATE WITH THE HOLY SPIRIT IN SHARING THE GOSPEL F JESUS CHRIST WITH AS MANY PEOPLE AS POSSIBLE BY NURTURING AND DEFENDING THE GOD-ORDAINED INSTITUTION OF THE FAMILY AND PROMOTING BIBLICAL TRUTHS WORLDWIDE. | $6,000 |