Samuel Pollard Charity Foundation
- Assets
- $864.8k
- Revenue
- $300.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Monrovia, CA
- Founding
- 01/2018
- Data as of
- 06/2022
- EIN
- 82-1783119
Organization Overview
Samuel Pollard Charity Foundation is located in Monrovia, CA. The organization was established in 2018. 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. Samuel Pollard Charity 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 06/2022, Samuel Pollard Charity Foundation generated $300.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $177.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Yeung CEO | 1 | $0 | |
Jimmy Wang CFO | 1 | $0 | |
Vincent Wang Secretary | 1 | $0 | |
Laiwah Chow Manager | 40 | $72,000 | |
Rose F Curiel Assistang Manager | 40 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $203 |
| 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 | $300,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $132,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,483 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,381 |
| Total operating and administrative expenses | $157,864 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $177,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $793,975 |
| 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 | $70,775 |
| 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 | $864,750 |
| Accounts payable and accrued expenses | $34,162 |
| 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 | $34,162 |
Grants Awarded
Over the last fiscal year, Samuel Pollard Charity Foundation has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BARNHART SCHOOL PURPOSE: CONTRIBUTIONS TO BARNART SCHOOLS FOUNDATION | $10,000 |
SAMUEL POLLARD INSTITUTE PURPOSE: TO SUPPORT BUSINESS OPERATION | $25,000 |