Chen Mei And Te Fen Chang Family Foundation
- Assets
- $176.6k
- Revenue
- $41.2k
- Investments
- $115.2k
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 47-5632475
Organization Overview
Chen Mei And Te Fen Chang Family Foundation is located in Saratoga, CA. The organization was established in 2016. 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. Chen Mei And Te Fen Chang Family 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 12/2023, Chen Mei And Te Fen Chang Family Foundation generated $41.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $12.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Cheng President | 4 | $0 | |
Dora Park Treasurer | 1 | $0 | |
Lingru Wang Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,505 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,742 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $2,785 |
| Contributions, gifts, grants paid | $9,250 |
| Total expenses and disbursements | $12,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,087 |
| Savings and temporary cash investments | $41,284 |
| 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 | $176,604 |
| 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, Chen Mei And Te Fen Chang Family Foundation has awarded $9,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JOSE ORTEGA ELEMENTARY SCHOOL PTA PURPOSE: TO PROVIDE A RICH, STIMULATING EDUCATIONAL EXPERIENCE THAT CHALLENGES ALL STUDENTS TO REACH THEIR FULL POTENTIAL. | $4,000 |
FRIENDS OF CHILDREN WITH SPECIAL NE PURPOSE: TO HELP INDIVIDUALS WITH SPECIAL NEEDS AND THEIR FAMILIES FIND LOVE, HOPE, RESPECT, AND SUPPORT THROUGH INTEGRATED COMMUNITY INVOLVEMENT. | $1,000 |
THE SOAR FOUNDATION PURPOSE: TO PROVIDE OPPORTUNITIES FOR THE IMPOVERISHED BUT MOTIVATED CHILDREN IN RURAL CHINA TO ATTEND SCHOOLS | $1,000 |
MEALS ON WHEELS - SF PURPOSE: TO HELP SENIORS IN SAN FRANCISCO WHO HAS NOURISHING FOOD AND DOES NOT HAVE TO WORRY ABOUT WHETHER THEY WILL HAVE A MEAL TO EAT THIS WEEK, MONTH, OR EVEN YEAR. | $250 |
PEACH FOUNDATION USA PURPOSE: TO PROVIDE OPPORTUNITIES FOR THE IMPOVERISHED BUT MOTIVATED CHILDREN IN RURAL CHINA TO ACQUIRE A BASIC EDUCATION, AN EDUCATIO NTHAT WILL IMMENSELY BETTER THEIR LIVES AND THEIR FAMILIES. | $1,000 |
APTOS MIDDLE SCHOOL PURPOSE: TO PROVIDE AN ENRICHING, ENGAGING, AND EMPOWERING EDUCATIONAL EXPERIENCE WITH EQUITABLE OUTCOMES FOR EACH STUDENT USING CRITICAL PEDAGOGY AND RESEARCH-BASED, MULTI-TIERED SYSTEMS OF INSTRUCTION AND INTERVENTION TO PROMOTE STUDENT SELF-MASTERY, SCHOLARSHIP, AND SOCIAL JUSTICE. | $2,000 |