J&k Lau Foundation
- Assets
- $10.2m
- Revenue
- $1.9m
- Investments
- $9.2m
- Employees
- 0
- Location
- Burlingame, CA
- Founding
- Data as of
- 12/2021
- EIN
- 83-1740858
Organization Overview
J&k Lau Foundation is located in Burlingame, CA. 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. J&k Lau 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 12/2021, J&k Lau Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $421.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Katherine S Lau President | 1 | $0 | |
James K Lau Secretary / Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,698,524 |
| Interest on Savings | $2,002 |
| Dividends & Interest | $97,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,936 |
| Capital Gain Net Income | $1,300,970 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,153 |
| Total Revenue | $1,876,624 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $101,073 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,327 |
| Total operating and administrative expenses | $171,500 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $421,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $981,773 |
| 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 | $5,088,631 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $110 |
| Total assets | $10,182,355 |
| Accounts payable and accrued expenses | $19,750 |
| 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 | $155,760 |
| Total liabilities | $175,510 |
Grants Awarded
Over the last fiscal year, J&k Lau Foundation has awarded $550,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: TO SUPPORT EDUCATION AND RESEARCH | $375,000 |
MARYKNOLL SISTERS OF ST DOMINIC INC PURPOSE: TO SUPPORT THE NEEDS OF THE POOR, THE AILING, AND THE MARGINALIZED THROUGHOUT THE WORLD | $100,000 |
LIFEMOVES PURPOSE: TO SUPPORT FINDING SOLUTIONS TO HOMELESSNESS | $25,000 |
THE TECH INTERACTIVE PURPOSE: TO SUPPORT THE EDUCATION OF CHILDREN VIA SCIENCE AND TECHNOLOGY | $50,000 |