Sky Lantern Foundation
- Assets
- $1.4m
- Revenue
- -$18.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 81-4415075
Organization Overview
Sky Lantern Foundation is located in Long Beach, CA. The organization was established in 2017. 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. Sky Lantern 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 2017, Sky Lantern Foundation has awarded 22 individual grants totaling $339,500. 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.
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 |
|---|---|---|---|
Wen Chung Lin President | 1 | $0 | |
Paul P Lin Chief Financial Officer | 1 | $0 | |
Jack P Lin Secretary | 1 | $0 | |
Mei Ying Lin Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $9,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,089 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$18,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,180 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4 |
| Total operating and administrative expenses | $17,347 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $67,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,650 |
| 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 | $1,409,543 |
| 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, Sky Lantern Foundation has awarded $50,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EVANGELICAL FORMOSAN CHURCH GENERAL ASSSEMBLY PURPOSE: FINANCIAL SUPPORT FOR THE CHRISTIAN CHURCH TO PLANT CHURCHES ALL AROUND THE WORLD. THE CHURCH HAS EVOLVED INTO A MULTI LINGUAL, MULTI CULTURAL, AND MULTI GENERATIONAL CHURCH. | $5,000 |
TORRANCE MEMORIAL FOUNDATION PURPOSE: IN SUPPORT OF ACTIVITIES TO IMPROVE OVERALL ENVIRONMENT OF THE HOSPITAL PROMOTING PATIENT HEALTH. | $40,000 |
SOUTH COAST BOTANIC GARDEN PURPOSE: SOUTH COAST BOTANIC GARDEN IS 87 ACRES DEVELOPED OVER A LANDFILL. FINANCIAL SUPPORT FOR THE ORGANIZATION'S MISSION TO CONTINUE TO RESTORE THE LANDFILL AND CONNECT ALL TO THE WONDERS OF NATURE AND CREATE EXPERIENCES THAT INSPIRE STEWARDSHIP AND SUSTAINABILITY. | $5,000 |