Ai Infinity Foundation is located in Wilmington, DE. 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. Ai Infinity 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 12/2023, Ai Infinity Foundation generated $22.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.9% each year . All expenses for the organization totaled $40.6k during the year ending 12/2023. While expenses have increased by 9.7% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vivian Lee Meng Treas, VP | 1 | $0 | |
Alice Futzu Yuan Sec, VP | 1 | $0 | |
Nancy Yun-Ling Wei Yuan Dir, Pres | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $619 |
Dividends & Interest | $10,326 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $11,217 |
Capital Gain Net Income | $11,217 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $22,162 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $565 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $9,620 |
Total operating and administrative expenses | $17,182 |
Contributions, gifts, grants paid | $23,381 |
Total expenses and disbursements | $40,563 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $13,310 |
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 | $485,628 |
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, Ai Infinity Foundation has awarded $23,381 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: AI INFINITY FUND | $16,381 |
NORTHWEST KIDNEY CENTERS PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
VASHON INTERFAITH COUNCIL TO PREVENT HOMELESSNESS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
WORLD VISION PURPOSE: CHARITABLE EVENT | $1,000 |