Nguyen Van Ly Foundation Inc is located in Silver Spring, MD. The organization was established in 2019. According to its NTEE Classification (Q70) the organization is classified as: International Human Rights, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nguyen Van Ly Foundation Inc 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 12/2020, Nguyen Van Ly Foundation Inc generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (48.7%) each year. All expenses for the organization totaled $107.5k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE HUMAN RIGHTS IN VIETNAM BY DISTRIBUTING TO US NONPROFIT ORG
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Van Ngo President | 16 | $0 | |
| Ly Tran Secretary | 16 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,630 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $1,630 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Pension plans, employee benefits | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Total operating and administrative expenses | $4,571 | 
| Contributions, gifts, grants paid | $102,950 | 
| Total expenses and disbursements | $107,521 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,185 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Other assets | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
Over the last fiscal year, Nguyen Van Ly Foundation Inc has awarded $34,071 in support to 9 organizations.
| Grant Recipient | Amount | 
|---|---|
| VAREF PURPOSE: PROTECTING ANDPROMOTING HUMAN RIGH | $11,679 | 
| PTGDHN PURPOSE: MOVEMENT OF THE VIETNAMESE LAITYIN DIASPORA | $1,490 | 
| JFFV PURPOSE: JUSTICE FOR FORMOSAVICTIMS | $2,105 | 
| CATHOLIC RELIEF SERVICES PURPOSE: ASSIST THE POORAND VULNERABLEOVERSEAS | $1,000 | 
| VIETNAM HUMAN RIGHTS NETWORK PURPOSE: PROTECTING AND PROMOTINGHUMAN RIGHTS FORTHE PEOPLE OF VN | $9,347 | 
| BUI FOUNDATION PURPOSE: PROMOTE HUMANRIGHTS | $1,000 |