Ren Che Foundation
- Assets
- $1.8m
- Revenue
- $122.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 47-5595677
Organization Overview
Ren Che Foundation is located in Seattle, WA. The organization was established in 2016. 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. Ren Che 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 12/2021, Ren Che Foundation generated $122.9k in total revenue.
Since 2019, Ren Che Foundation has awarded 17 individual grants totaling $657,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chang Treasurer/director | 2 | $0 | |
Kelly Chang President/director | 2 | $0 | |
Michele Wong Secretary/director | 2 | $0 | |
Derek Wong Vice-President/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,187 |
| Capital Gain Net Income | $105,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,921 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,789 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,326 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $68,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,769 |
| Savings and temporary cash investments | $7,239 |
| 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 | $1,822,331 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $70,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,300 |
| Total liabilities | $71,800 |
Grants Awarded
Over the last fiscal year, Ren Che Foundation has awarded $45,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bellevue, WA PURPOSE: TO SUPPORT THE EDUCATION - CAMPAIGN FOR A BIG FUTURE | $35,000 |
NW SYMPHONY ORCHESTRA PURPOSE: TO SUPPORT SYMPHONY FOR STUDENTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |