Hi2 Foundation Inc
- Assets
- $1.5k
- Revenue
- $37.2k
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 81-1273721
Organization Overview
Hi2 Foundation Inc is located in White Plains, NY. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hi2 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 12/2022, Hi2 Foundation Inc generated $37.2k in total revenue.
Since 2020, Hi2 Foundation Inc has awarded 35 individual grants totaling $177,092. 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 |
|---|---|---|---|
Jinlong Wang Director | 10 | $0 | |
Weichen Tu Director | 0 | $0 | |
Yi Ding Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,200 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $37,200 |
| 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 | $7,048 |
| Other expenses | $360 |
| Total operating and administrative expenses | $7,408 |
| Contributions, gifts, grants paid | $28,400 |
| Total expenses and disbursements | $35,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,453 |
| 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 | $1,453 |
| 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, Hi2 Foundation Inc has awarded $28,413 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HUAXIA EDISON CHINESE SCHOOL PURPOSE: DONATION | $800 |
PEKING UNIVERSITY ALUMNI ASSOCIATION OF GREATER NEW YORK PURPOSE: DONATION | $1,000 |
TSINGHUA ENTREPRENEUR AND EXECUTIVE PURPOSE: DONATION | $1,813 |
LIVINGSTON HUAXIA CHINESE SCHOOL PURPOSE: DONATION | $2,000 |
FRIENDS OF THE SCARDALE LIBRARY INC PURPOSE: DONATION | $10,000 |
MILLBURN SHORT HILLS CHINESE ASSOCIATION PURPOSE: DONATION | $800 |