The Hung & Kv Family Foundation
- Assets
- $367.7k
- Revenue
- $38.6k
- Investments
- $0.0
- Employees
- 0
- Location
- La Verne, CA
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 68-0484099
Organization Overview
The Hung & Kv Family Foundation is located in La Verne, CA. The organization was established in 2002. 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. Hung & Kv 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.
Since 2016, Hung & Kv Family Foundation has awarded 66 individual grants totaling $449,350. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hung Ta Nguyen President | 0 | $0 | |
Khanh Van T Nguyen Treasurer | 0 | $0 | |
Anne Kim Nguyen Secretary | 18 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,612 |
| Interest on Savings | $32,891 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $55 |
| Total Revenue | $38,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $773 |
| Total operating and administrative expenses | $9,273 |
| Contributions, gifts, grants paid | $61,500 |
| Total expenses and disbursements | $70,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,005 |
| Savings and temporary cash investments | $61,452 |
| 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 | $229,386 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,875 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $367,718 |
| 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 Hung & Kv Family Foundation has awarded $61,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT VIETNAM FOUNDATION PURPOSE: DONATION-TEACHING INTERVENTION PROJECT | $10,000 |
MUSEUM OF THE REPUBLIC OF VIETNAM PURPOSE: MUSEUM IN WESTMINSTER | $20,000 |
DESCENDANT OF THE REP OF VIETNAM PURPOSE: MUSEUM IN WESTMINSTER | $1,500 |
VOICE PURPOSE: DONATION | $5,000 |
SOCIAL ASSISTANCE PROG FOR VIETNAM PURPOSE: CHAIRTY | $20,000 |
TUONG DAI TAI CHIEM CO THANH Q TRI PURPOSE: DONATION | $5,000 |