Joseph Tse Foundation A New Jersey Nonprofit Corporation
- Assets
- $3.5m
- Revenue
- $105.9k
- Investments
- $3.4m
- Employees
- 0
- Location
- Glen Rock, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 85-2595083
Organization Overview
Joseph Tse Foundation A New Jersey Nonprofit Corporation is located in Glen Rock, NJ. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph Tse Foundation A New Jersey Nonprofit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Joseph Tse Foundation A New Jersey Nonprofit Corporation has awarded 20 individual grants totaling $347,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fern Hsu Tse President | 4 | $25,416 | |
Tony S Hsu Trustee | 1 | $0 | |
Margaret H Mow Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $65,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,078 |
| Capital Gain Net Income | $40,078 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,885 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,416 |
| 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 | $343 |
| Total operating and administrative expenses | $87,193 |
| Contributions, gifts, grants paid | $161,000 |
| Total expenses and disbursements | $248,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,286 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,535,877 |
| 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, Joseph Tse Foundation A New Jersey Nonprofit Corporation has awarded $161,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PARENTS HELPING PARENTS PURPOSE: UNRESTRICTED | $10,000 |
CHILDREN OF CHINA PEDIATRICS FOUND PURPOSE: UNRESTRICTED | $20,000 |
CHINA INSTITUTE PURPOSE: UNRESTRICTED | $20,000 |
EL POZO DE VIDA PURPOSE: UNRESTRICTED | $20,000 |
ZIGEN FUND PURPOSE: UNRESTRICTED | $31,000 |
CHINATOWN HEALTH CLINIC FOUND PURPOSE: UNRESTRICTED | $10,000 |