Synos Foundation
- Assets
- $1.1m
- Revenue
- $444.5k
- Investments
- $1.0m
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-3849495
Organization Overview
Synos Foundation is located in Los Altos Hills, CA. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Synos 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, Synos Foundation generated $444.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $25.4k during the year ending 12/2021. While expenses have increased by 19.1% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sang In Lee CEO / Secret | 1 | $0 | |
Moonsuk Han CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $98,916 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,229 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $339,327 |
| Capital Gain Net Income | $3,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $444,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,465 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,465 |
| Contributions, gifts, grants paid | $21,950 |
| Total expenses and disbursements | $25,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,995 |
| 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 | $1,098,519 |
| 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 | $200 |
| Total liabilities | $200 |
Grants Awarded
Over the last fiscal year, Synos Foundation has awarded $21,950 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOGANG UNIV PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
HKMCC PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
ST MICHAEL KOREAN CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
SACRED HEART SOUTHERN MISSONS PURPOSE: CHARITABLE CONTRIBUTION | $200 |
CATHOLIC CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $200 |
SISTERS OF ST BENEDICT PURPOSE: CHARITABLE CONTRIBUTION | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |