Jk Family Foundation
- Assets
- $1.1m
- Revenue
- $51.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- Data as of
- 12/2022
- EIN
- 84-3499209
Organization Overview
Jk Family Foundation is located in Las Vegas, NV. 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. Jk 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 12/2022, Jk Family Foundation generated $51.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.4%) each year.
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 |
|---|---|---|---|
Qiong Wang Trustee | 1 | $0 | |
Kirk B Tang Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,265 |
| Interest on Savings | $38 |
| Dividends & Interest | $50,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,380 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,183 |
| 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 | $2,342 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $14,789 |
| Contributions, gifts, grants paid | $48,506 |
| Total expenses and disbursements | $63,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,883 |
| 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 | $1,056,245 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,075,128 |
| 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, Jk Family Foundation has awarded $48,506 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AIESEC LIFE INC PURPOSE: TO PROVIDE VALUABLE SERVICES THAT ENABLE AIESEC ALUMNI TO CONNECT COLLABORATE AND LEARN FROM EACH OTHER AND TO SUPPORT AIESEC'S GROWTH. TO SUPPORT AND PROMOTE THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF AIESEC-US. | $1,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: TO PREVENT AND ALLEVIATE HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND GENEROSITY OF DONORS | $2,050 |
CHINA INSTITUTE IN AMERICA INC PURPOSE: TO ADVANCE GREATER TRUST AND UNDERSTANDING BETWEEN THE U.S. AND CHINA THROUGH PROGRAMS IN EDUCATION CULTURE BUSINESS AND ART IN THE BELIEF THAT CROSS-CULTURAL UNDERSTANDING STRENGTHENS OUR GLOBAL COMMUNITY | $1,000 |
CORNELL UNIVERSITY PURPOSE: LEGAL INFORMATION INSTITUTE IS A SMALL NOT-FOR-PROFIT GROUP HOUSED AT THE CORNELL LAW SCHOOL. IT BELIEVES EVERYONE SHOULD BE ABLE TO READ AND UNDERSTAND THE LAWS THAT GOVERN THEM WITHOUT COST. | $500 |
CHILDREN'S DISCOVERY CENTER PURPOSE: TO PROVIDE CHILDREN AND FAMILIES WITH A PLACE WHERE THEY COULD LEARN TOGETHER THROUGH PURPOSEFUL PLAY. TO SERVE AS A RESOURCE FOR THE CHILDREN OF HAWAII. | $5,000 |
PBS FOUNDATION PURPOSE: TO ENLIST PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THOUGH ESTABLISHING SPECIAL INITIVES FUNDS TO ENSURE PBS'S CONTINUED EXCELLENCE AND TO PROMOTE AND ENHANCE OUTSTAYING PUBLIC BROADCASTING PROGRAM AND SERVICES. | $2,000 |