Ren Che Foundation
- Assets
- $1.2m
- Revenue
- -$277.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/2016
- Data as of
- 12/2022
- 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.
Since 2019, Ren Che Foundation has awarded 20 individual grants totaling $662,034. 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 |
|---|---|---|---|
Kelly Chang President/director | 2 | $0 | |
Derek Wong Vice-President/director | 2 | $0 | |
Michael Chang Treasurer/director | 2 | $0 | |
Michele Wong Secretary/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,195 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$291,996 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$277,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $19,896 |
| Contributions, gifts, grants paid | $129,534 |
| Total expenses and disbursements | $149,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,683 |
| Savings and temporary cash investments | $67,373 |
| 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 | $1,480 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,231,443 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $35,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,500 |
Grants Awarded
Over the last fiscal year, Ren Che Foundation has awarded $129,534 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED NEGRO COLLEGE FUND PURPOSE: TO PROVIDE GENERAL SUPPORT TO THE CHARITABLE ORGANIZATION. | $1,500 |
THE LITTLE SCHOOL PURPOSE: TO SUPPORT THE EDUCATION - CAMPAIGN FOR A BIG FUTURE | $35,000 |
NW SYMPHONY ORCHESTRA PURPOSE: TO SUPPORT SYMPHONY FOR STUDENTS PROJECTS | $31,775 |
SPARK NW PURPOSE: TO SUPPORT EQUITABLE ENERGY PROJECTS | $30,850 |
LA CONNER LIBRARY FDN PURPOSE: TO SUPPORT THE SOLARIZE SWINOMISH LIBRARY PROJECT | $8,500 |
WORLD FOOD PROGRAM PURPOSE: TO PROVIDE GENERAL SUPPORT TO THE CHARITABLE ORGANIZATION. | $1,500 |