Tlg Family Foundation Inc
- Assets
- $651.8k
- Revenue
- -$69.0k
- Investments
- $513.5k
- Employees
- 0
- Location
- New Rochelle, NY
- Founding
- 04/2015
- Data as of
- 11/2023
- EIN
- 47-2586309
Organization Overview
Tlg Family Foundation Inc is located in New Rochelle, NY. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Tlg Family 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Qian Cao CEO | 2 | $0 | |
Elizabeth Fang Xu CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,005 |
| Interest on Savings | $4,622 |
| Dividends & Interest | $4,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103,017 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$68,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $33,042 |
| Printing and publications | $0 |
| Other expenses | $16,703 |
| Total operating and administrative expenses | $51,098 |
| Contributions, gifts, grants paid | $3,631 |
| Total expenses and disbursements | $54,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,345 |
| 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 | $651,847 |
| Accounts payable and accrued expenses | $11,249 |
| 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 | $11,249 |
Grants Awarded
Over the last fiscal year, Tlg Family Foundation Inc has awarded $3,631 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UMASS PURPOSE: CHARITABLE | $1,000 |
WIKIMEDIA PURPOSE: CHARITABLE | $3 |
AARP PURPOSE: CHARITABLE | $25 |
CHARITYCHOICE AUTISM SPEAKS PURPOSE: CHARITABLE | $15 |
YALE PURPOSE: EDUCATIONAL | $1,000 |
MOUNT HOLYOKE COLLEGE PURPOSE: EDUCATIONAL | $888 |