Ho-Chou Family Foundation
- Assets
- $1.3m
- Revenue
- $540.6k
- Investments
- $4.5k
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 75-2820267
Organization Overview
Ho-Chou Family Foundation is located in Lubbock, TX. 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. Ho-Chou 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 12/2021, Ho-Chou Family Foundation generated $540.6k in total revenue. All expenses for the organization totaled $855.8k during the year ending 12/2021. While expenses have increased by 60.4% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STL MUTUAL AID GRANTED - STL MUTUAL AID GRANTED IS THE STL MUTUAL AID FUND, WHICK HAS FUNDRAISED AND REDISTRIBUTED OVER $980,000 TO OVER 1400 RECIPIENTS AND FAMILIES IN THE ST. LOUIS METRO AREA. FUNDS ARE USED FOR UTILITIES, RENT, EMERGENCY HEALTH EXPENSES, FOOD, AND OTHER EMERGENCY EXPENSES NEEDED BY NEIGHBORS DURING THE PANDEMIC.
MUTUAL AID - MUTUAL AID IS A COVID RELIEF PROGRAM THAT COORDINATES VOLUNTEERS IN THE COMMUNITY TO DELIVER PRODUCE AND SUPPLIES, PROVIDE EMOTIONAL SUPPORT, AND OFFER RESOURCE NAVIGATION FOR NEIGHBORS WHO ARE SUFFERING FROM THE IMPACTS OF COVID. THERE HAVE BEEN APPROXIMATELY 2000 PARTICIPANTS IN THE STL MUTUAL AID SINCE MARCH 2020 LOCATED THROUGHOUT ST. LOUIS CITY AND ST. LOUIS COUNTY.
FOOD SHARE PROGRAM - A PROGRAM TO REDUCE FOOD WASTE FROM WHOLE FOODS AND PROVIDE FREE PRODUCE AND HEALTHY PRODUCE TO NEIGHBORHOODS THAT EXPERIENCE FOOD INSECURITY. THE FOOD SHARE IS HOSTED AT THE SAME LOCATION 6 TIMES PER MONTH AND SERVES APPROXIMATELY 200 FAMILIES IN THE 63017 ZIP CODE ON A CONSISTENT BASIS
HEALING ROOTS PROGRAM - HEALING ROOTS IS A CULTURAL AND EDUCATIONAL PROGRAM WITH THE MISSION OF PROMOTING HERBAL MEDICINE AND OTHER TRADITIONAL FORMS OF PLANT BASED HEALING. WE HAVE ALSO TAUGHT A BEEKEEPING MENTORSHIP FOR WOMEN. THER ARE 7 ORGANIZATIONS THAT ARE INVOLVED IN THIS PROGRAM AND APPROXIMATELY 100 INDIVIDUALS WHO HAVE PARTICIPATED IN EDUCATIONAL EVENTS AND PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ming-Tao Ho Trustee | 0.5 | $0 | |
Jui-Lien Chou Ho Trustee | 1 | $0 | |
Julia Ho Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $490,716 |
| Interest on Savings | $1,851 |
| Dividends & Interest | $0 |
| Net Rental Income | $7,524 |
| 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 | $30,000 |
| Total Revenue | $540,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $22,447 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $829,002 |
| Total operating and administrative expenses | $852,835 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $855,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $514,017 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $20,000 |
| 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 | $4,508 |
| Net Land, buildings, and equipment | $342,244 |
| Other assets | $441,921 |
| Total assets | $1,322,690 |
| Accounts payable and accrued expenses | $3,200 |
| 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 | $1,185 |
| Total liabilities | $4,385 |
Grants Awarded
Over the last fiscal year, Ho-Chou Family Foundation has awarded $3,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF CHRSUTS SANTA ROSA FOUND PURPOSE: EVERY BABY MATTERS | $1,000 |
Houston, TX PURPOSE: PUBLIC SUPPORT | $1,000 |
ONE VOICE HOME PURPOSE: HELP STOP DOMESTIC SEX TRAFFICKING | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ho-Chou Family Foundation has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
Gezellig Foundation White Plains, NY PURPOSE: GENERAL SUPPORT | $70,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $10,000 |
Rudolf Steiner Foundation Inc San Francisco, CA PURPOSE: FOR MAMA SCRAP'S CAPITAL CAMPAIGN | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |