The@ji & Li Family Foundation
- Assets
- $7.5m
- Revenue
- $1.6m
- Investments
- $6.4m
- Employees
- 0
- Location
- Greenville, NC
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 52-2390111
Organization Overview
The@ji & Li Family Foundation is located in Greenville, NC. The organization was established in 2003. 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. The@ji & Li 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 12/2022, The@ji & Li Family Foundation generated $1.6m in total revenue. All expenses for the organization totaled $616.4k during the year ending 12/2022. While expenses have increased by 18.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, The@ji & Li Family Foundation has awarded 42 individual grants totaling $1,154,500. 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 |
|---|---|---|---|
Yuandong Ji President | 20 | $0 | |
Chunguang Li Director | 5 | $0 | |
Niuniu Ji Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41,788 |
| Dividends & Interest | $6,911 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,546,984 |
| Capital Gain Net Income | $1,546,984 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,595,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,252 |
| Printing and publications | $0 |
| Other expenses | $156,471 |
| Total operating and administrative expenses | $310,923 |
| Contributions, gifts, grants paid | $305,500 |
| Total expenses and disbursements | $616,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,157,892 |
| 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 | $7,527,135 |
| 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, The@ji & Li Family Foundation has awarded $305,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD BANK PURPOSE: DONATION | $5,000 |
DUKE UNIVERSSSITY PURPOSE: RESEARCH FUND | $8,000 |
ASSOC OF AMERICAN RHODE SCHOLARS PURPOSE: DONATION | $2,500 |
UNIVERSITY OF WASHINGTON PURPOSE: RESEARCH | $20,000 |
JOHN HOPKINS UNIVERSITY PURPOSE: RESEARCH FUND | $40,000 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: FELLOWSHIPS | $40,000 |