Sheng-Wei And Chi-Ping Li Foundation
- Assets
- $210.2k
- Revenue
- $3.8k
- Investments
- $201.7k
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 77-0560162
Organization Overview
Sheng-Wei And Chi-Ping Li Foundation is located in Los Gatos, CA. The organization was established in 2001. 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. Sheng-Wei And Chi-Ping Li 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, Sheng-Wei And Chi-Ping Li Foundation generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheng-Wei Li Director | 0 | $0 | |
Chi-Ping Li Secretary | 0 | $0 | |
Felix Li President | 0 | $0 | |
Denise Li Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39 |
| Dividends & Interest | $4,318 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$549 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,808 |
| 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 | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $105 |
| Total operating and administrative expenses | $945 |
| Contributions, gifts, grants paid | $7,600 |
| Total expenses and disbursements | $8,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,488 |
| 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 | $210,216 |
| 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, Sheng-Wei And Chi-Ping Li Foundation has awarded $7,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VISTA CENTER PURPOSE: GENERAL FUND | $1,000 |
UCSF PURPOSE: GENERAL FUND | $1,000 |
NEXT DOOR PURPOSE: GENERAL FUND | $2,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL FUND | $1,000 |
ONE COMMUNITY LG PURPOSE: GENERAL FUND | $1,600 |
CAA PURPOSE: GENERAL FUND | $1,000 |