Michael & Amy Chau Foundation is located in San Diego, CA. The organization was established in 2018. 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. Michael & Amy Chau Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR LADY OF MOUNT CARMEL CHURCH
DIOCESE OF SAN DIEGO
CORPUS CHRISTI PARISH
OFFICE FOR THE MISSIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chau President | 0 | $0 | |
Amy Chau Secretary | 0 | $0 | |
Geoffrey Chau CFO | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $106 |
| Dividends & Interest | $1,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,620 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$5,507 |
| 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 | $629 |
| Printing and publications | $0 |
| Other expenses | $360 |
| Total operating and administrative expenses | $3,420 |
| Contributions, gifts, grants paid | $13,810 |
| Total expenses and disbursements | $17,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,313 |
| 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 | $26,011 |
| Total assets | $182,317 |
| 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 |
Over the last fiscal year, Michael & Amy Chau Foundation has awarded $13,810 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OUR LADY OF MOUNT CARMEL CHURCH PURPOSE: CONTRIBUTION | $12,510 |
GUARDIAN OF ANGELS CATHOLIC CHURCH PURPOSE: CONTRIBUTION | $50 |
DIOCESE OF SAN DIEGO PURPOSE: CONTRIBUTION | $750 |
CORPUS CHRISTI PARISH PURPOSE: CONTRIBUTION | $400 |
OFFICE FOR THE MISSIONS PURPOSE: CONTRIBUTION | $100 |