Yu-Lo Charitable Foundation Inc
- Assets
- $0.0
- Revenue
- -$144.4k
- Investments
- $635.8k
- Employees
- 0
- Location
- Hobe Sound, FL
- Founding
- 09/2007
- Data as of
- 05/2021
- EIN
- 65-1250335
Organization Overview
Yu-Lo Charitable Foundation Inc is located in Hobe Sound, FL. The organization was established in 2007. 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. Yu-Lo Charitable 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.
For the year ending 05/2021, Yu-Lo Charitable Foundation Inc generated -$144.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $45.3k during the year ending 05/2021. 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 |
|---|---|---|---|
Hsien-Pin Yu Director | 5 | $0 | |
Hsien-Heng Yu Director | 10 | $0 | |
Frances S Yu Director | 10 | $0 | |
Shang-Jung Yuh Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,674 |
| Dividends & Interest | $131 |
| Profit on Inventory Sales | $0 |
| Other Income | -$157,250 |
| Total Revenue | -$144,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $7,304 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $45,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Yu-Lo Charitable Foundation Inc has awarded $38,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSETTS EYE AND EAR PURPOSE: TO SUPPORT MEDICAL RESEARCH IN EYE AND EAR DISEASES TO FIND TREATMENTS AND CURES. | $25,000 |
Palm Beach, FL PURPOSE: TO PROVIDE FINANCIAL AIDS TO CANCER PATIENTS IN NEED. | $10,000 |
TOWN OF JUPITER ISLAND PURPOSE: TO PROVIDE MONETARY BENFITS TO THE TOWN EMPLOYEES. | $1,000 |
PHILIPPINE AMERICAN ASSOCIATION PURPOSE: TO CONTRIBUTE TO SCHOLARSHIP FUND FOR UNDERPREVILIGED PHILIPPINE AMERICAN STUDENTS | $1,000 |
AMERICAN RED CROSS PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR PEOPLE IN NEED. | $500 |
Jacksonville, FL PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR AMERICA'S INJURED VETERANS. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gerstner Family Foundation Palm Beach, FL | $0 | $14,356,897 |
C And A Johnson Family Foundation Palm Beach, FL | $1,837,672 | $36,829,878 |
Bernard A Egan Foundation Inc Fort Pierce, FL | $114,916,843 | $8,190,041 |
Volo Foundation West Palm Beach, FL | $90,593,574 | $39,243,296 |
Lucy Gooding Charitable Foundation Trust Jacksonville, FL | $96,067,891 | $12,365,661 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Raether 1985 Charitable Trust West Palm Beach, FL | $51,858,010 | $28,246,620 |
George Jenkins Foundation Inc Lakeland, FL | $24,813,802 | $4,640,014 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Lattner Family Foundation Inc Delray Beach, FL | $83,049,454 | $6,453,485 |
The Leandro P Rizzuto Foundation Boynton Beach, FL | $36,759,005 | $9,755,939 |
Bluebell Foundation North Palm Beach, FL | $4,746,797 | $3,595,291 |