Gold House Foundation Inc

Organization Overview

Gold House Foundation Inc is located in Covina, CA. The organization was established in 2019. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Gold House Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gold House 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 12/2021, Gold House Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 60.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 30.1% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CULTIVATE AND PROMOTE ASIAN AND ASIAN-AMERICAN INTERESTS, HERITAGE, AND CULTURE, INCLUDING ACCELERATING A POSITIVE AND HISTORICALLY ACCURATE IMAGE OF ASIANS IN CULTURE AND EMPOWERING ASIAN PERSONS IN THE CULTURAL INDUSTRIES. GOLD HOUSES PROGRAMS ARE DEDICATED TO FORGING STRONGER BONDS THAT EMPOWER ASIANS TO LEAD AUTHENTIC, SUCCESSFUL AND HELATHY LIVES, AND IN TURN ADVANCE ALL OF SOCIETY. THE PROGRAMS STRENGTHEN RELATIONSHIPS TO CODIFY THE ASIAN CULTURAL LEGACY (SALONS, GOLD RECORDS); STRENGTHEN AUTHENTIC REPRESENTATION OF ASIANS IN MEDIA (GOLDOPEN); CHAMPION SOCIETAL CONTRIBUTIONS MADE BY ASIANS TO INSPIRE AND RESHAPE PUBLIC OPINION (A100); AND ACCELERATE SUCCESS AND REPRESENTATION OF ASIAN FOUNDERS (GOLD RUSH).

Describe the Organization's Program Activity:

Part 3 - Line 4a

SALONS/EXPERIENCES: GOLD HOUSES SALONS AND OTHER EXPERIENCES ARE PROGRAMMATIC GATHERINGS OF DIVERSE THOUGHT LEADERS DESIGNED TO SOLVE KEY SOCIETAL CHALLENGES ENDEMIC TO THE ASIAN AND PACIFIC ISLANDER (API) PEOPLE. IN 2021, GOLD HOUSE HOSTED DOZENS OF EVENTS AND EXPERIENCES ENGAGING WITH THOUSANDS OF PEOPLE VIRTUALLY AND BRINGING LEADERS TOGETHER TO HELP DESIGN SOLUTIONS TO VARIOUS ISSUES RANGING FROM COVID-RELATED RELIEF TO INCREASING CIVIC ENGAGEMENT. SOLUTIONS TO THESE SOCIETAL CHALLENGES WERE FURTHER REFINED AND IMPLEMENTED BY THE GOLD HOUSE TEAM IN ORDER TO EMPOWER ALL MEMBERS OF THE API COMMUNITY.


GOLDOPEN: GOLDOPEN IS A COMMUNITY-LED MOVEMENT DEDICATED TO ENSURING THE FAIR, ACCURATE, AND INCLUSIVE REPRESENTATION OF ASIAN AND PACIFIC ISLANDER (API) PEOPLE IN MEDIA. THE GOLD HOUSE MOVEMENT HAS ENGAGED HUNDREDS OF THOUSANDS OF PEOPLE NATIONWIDE AND AMPLIFIED DOZENS OF API-LED FILMS TO CRITICAL AND BOX OFFICE SUCCESS, CREATING FAR-REACHING ECONOMIC AND SOCIAL CHANGE IN THE MAINSTREAM ACCEPTANCE AND PERCEPTIONS OF APIS. THE GOLDOPEN TEAM WORKS DIRECTLY WITH FILMMAKERS AND DISTRIBUTORS TO ADVOCATE FOR AND SUPPORT AUTHENTIC API STORYTELLING, AND MOBILIZES CULTURAL LEADERS, CORPORATIONS, AFFINITY GROUPS, AND OTHER COMMUNITY AND NONPROFIT GROUPS TO CHAMPION THE SUCCESS OF API-LED FILMS. THROUGH THIS MULTIDIMENSIONAL COLLABORATION,GOLDOPEN HAS MEANINGFULLY ADVANCED AN ACCURATE IMAGE OF APIS IN CULTURE.


A100: EACH YEAR, THE A100 CHAMPIONS THE MOST IMPACTFUL ASIANS AND PACIFIC ISLANDERS (APIS) AND THEIR SOCIETAL CONTRIBUTIONS IN ORDER TO INSPIRE FUTURE GENERATIONS AND RESHAPE PUBLIC OPINION. APIS CONTINUE TO BE VIEWED AS OTHER AND FACE RISING ATTACKS IN THE WAKE OF THE RECENT GLOBAL PANDEMIC. TO COMBAT THESE CHALLENGES AND CREATE CROSS-CULTURAL UNITY, THE A100 TEAM WORKS WITH MAINSTREAM PRESS, DOZENS OF OTHER NONPROFIT GROUPS, A TEAM OF MULTICULTURAL ICONS, AND HUNDREDS OF CULTURAL LEADERS TO SPOTLIGHT HOW APIS CONTINUE TO MAKE SIGNIFICANT CONTRIBUTIONS TO AMERICAN SOCIETY. THE A100 IS NOW THE MOST-RECOGNIZED API AWARD IN THE COUNTRY AND HAS REACHED MILLIONS WORLDWIDE.


SOCIAL IMPACT CAMPAIGNS (ALL OF US): IN ANOTHER UNPRECEDENTED DIFFICULT YEAR, GOLD HOUSE CO-LAUNCHED MULTIPLE AWARENESS, ALLYSHIP, AND FUNDRAISING EFFORTS TO COMBAT THE RISING RACISM AND ATTACKS AGAINST ASIANS AND PACIFIC ISLANDERS (APIS). WORKING DIRECTLY WITH GOFUNDME, THESE CAMPAIGNS RAISED MILLIONS TO SUPPORT VICTIMS' FAMILIES AND GRASSROOTS ORGANIZATIONS SUPPORTING THE COMMUNITY ON THE GROUND. GOLD RECORDS: GOLD RECORDS CODIFY THE ASIAN AND PACIFIC ISLANDER (API) CULTURE THROUGH PROGRAMS THAT STRENGTHEN GENERATIONAL BONDS AND ENSHRINE THE API LEGACY. IN 2021, GOLD HOUSE AMPLIFIED DOZENS OF BOOKS WRITTEN BY API AUTHORS THROUGH MEDIA OUTREACH AND EVENTS ENGAGING THOUSANDS OF PEOPLE VIRTUALLY, INCLUDING VIRTUAL KIDS STORY HOURS. GOLD RUSH: GOLD RUSH IS AN ACCELERATOR DEDICATED TO ADVANCING ASIAN AND PACIFIC ISLANDER (API) BUSINESS FOUNDERS IN ORDER TO TRANSFORM SOCIETYS INACCURATE VIEWS ABOUT THEIR COMPETENCE, INTELLIGENCE, AUTHENTICITY AND CHARISMA. GIVEN THAT ASIAN AMERICANS ARE THE LEAST LIKELY DEMOGRAPHIC TO BE PROMOTED TO MANAGEMENT, GOLD RUSH HAS PROVIDED ACCESS AND RESOURCES TO SEVERAL CLASSES AND COHORTS FOR PROMISING API FOUNDERS WITH MENTORSHIP AND ACCESS TO INDUSTRY EXPERTS AND CREATED A COMMUNITY OF MUTUAL SUPPORT FOR UNDERRPRESENTED LEADERS. THE GOLD RUSH TEAM ALSO WORKS WITH PUBLICATIONS AND OTHER CULTURAL LEADERS TO AMPLIFY THESE FOUNDERS AND THEIR BUSINESSES THROUGH MAINSTREAM PROMOTION, ACCELERATING THE REPRESENTATION OF ASIAN PEOPLE IN LEADERSHIP AND MANAGEMENT POSITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Tran
Exec Dir/sec
$150,000
Spencer Hwa-Bing Chen
President
$131,250
Kevin Nishimura
Board Direct
$0
Ben Chu
Treasurer
$0
Prabal Gurung
Board Direct
$0
Daniel Dae Kim
Board Direct
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,494,897
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,494,897
Total Program Service Revenue$1,017,587
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,517,704

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Gold House Foundation Inc has recieved totaling $370,745.

Awarding OrganizationAmount
Rockefeller Philanthropy Advisors Inc

New York, NY

PURPOSE: GENERAL

$150,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$57,340
Nae Il Foundation Ltd

PURPOSE: TO RAISE AWARENESS OF THE FILM MINARI

|

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$43,258
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$25,147
Cfda Foundation Inc

New York, NY

PURPOSE: DONATION

$25,000
View Grant Recipient Profile

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