Bin Lin And Daisy Liu Family Foundation
- Assets
- $227.8m
- Revenue
- $146.7m
- Investments
- $227.7m
- Employees
- 0
- Location
- Fremont, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-2677896
Organization Overview
Bin Lin And Daisy Liu Family Foundation is located in Fremont, CA. 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. Bin Lin And Daisy Liu Family 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, Bin Lin And Daisy Liu Family Foundation generated $146.7m in total revenue. All expenses for the organization totaled $148.3m during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xiangdong Liu Director, President & Foundation Manag | 1 | $0 | |
Sophia Lin Director, Secretary & Treasur. | 1 | $0 | |
Bin Lin Director & Foundation Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $146,667,844 |
| Interest on Savings | $169 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,668,013 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $405,650 |
| Total operating and administrative expenses | $616,638 |
| Contributions, gifts, grants paid | $147,667,844 |
| Total expenses and disbursements | $148,284,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,085 |
| 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 | $169 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $227,760,848 |
| 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 |
Grants Awarded
Over the last fiscal year, Bin Lin And Daisy Liu Family Foundation has awarded $147,667,844 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
XIAOMI FOUNDATION LTD PURPOSE: GENERAL PURPOSE GRANT | $146,667,844 |
Princeton, NJ PURPOSE: GENERAL PURPOSE GRANT | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |