Brotherhood Cup Foundation

Organization Overview

Brotherhood Cup Foundation is located in Oakland, CA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brotherhood Cup 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 12/2023, Brotherhood Cup Foundation generated $73.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $45.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE BROTHERHOOD CUP FOUNDATION IS A NONPROFIT ORGANIZATION DEDICATED TO INCREASING EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED INDIVIDUALS LIVINGIN OUR LOCAL COMMUNITIES, AS WELL AS UNDERSERVED COMMUNITIES AROUND THE WORLD, WITH AN INITIAL FOCUS ON UNDERSERVED AREAS OF SINGAPORE. WEWILL ACCOMPLISH THIS GOAL BY OFFERING SCHOLARSHIPS AND GRANTS TO HELP COVER THE COSTS OF PARTICIPATING IN EDUCATIONAL PROGRAMS. IN ADDITION TOOFFERING SCHOLARSHIPS AND GRANTS, OUR ORGANIZATION WILL ALSO BE WORKING TO SUPPORT SCHOOLS, EDUCATIONAL INSTITUTIONS, AND OTHER NONPROFITORGANIZATIONS THAT HAVE DEMONSTRATED THE ABILITY TO OFFER HIGH QUALITY PROGRAMS AND SERVICES TO OUR TARGET COMMUNITY. THROUGH OURORGANIZATION'S PROGRAMS AND SERVICES, WE HOPE TO IMPROVE ACCESS TO EDUCATION AND HAVE A POSITIVE IMPACT IN THE LIVES OF THE INDIVIDUALS ANDFAMILIES THAT WE HAVE THE OPPORTUNITY TO WORK WITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BROTHERHOOD CUP FOUNDATION IS A NONPROFIT ORGANIZATION DEDICATED TOINCREASING EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED INDIVIDUALS LIVING IN OURLOCAL COMMUNITIES, AS WELL AS UNDERSERVED COMMUNITIES AROUND THE WORLD, WITH ANINITIAL FOCUS ON UNDERSERVED AREAS OF SINGAPORE. WE WILL ACCOMPLISH THIS GOAL BYOFFERING SCHOLARSHIPS AND GRANTS TO HELP COVER THE COSTS OF PARTICIPATING INEDUCATIONAL PROGRAMS. IN ADDITION TO OFFERING SCHOLARSHIPS AND GRANTS, OURORGANIZATION WILL ALSO BE WORKING TO SUPPORT SCHOOLS, EDUCATIONAL INSTITUTIONS, ANDOTHER NONPROFIT ORGANIZATIONS THAT HAVE DEMONSTRATED THE ABILITY TO OFFER HIGHQUALITY PROGRAMS AND SERVICES TO OUR TARGET COMMUNITY. THROUGH OURORGANIZATIONS PROGRAMS AND SERVICES, WE HOPE TO IMPROVE ACCESS TO EDUCATIONAND HAVE A POSITIVE IMPACT IN THE LIVES OF THE INDIVIDUALS AND FAMILIES THAT WEHAVE THE OPPORTUNITY TO WORK WITH.IN ORDER TO EFFECTIVELY AND EFFICIENTLY IMPLEMENT OUR ORGANIZATIONS SCHOLARSHIPAND GRANT PROGRAM, WE WILL BE NETWORKING WITHIN OUR TARGET COMMUNITIES (BOTHDOMESTICALLY AND ABROAD) TO ADVERTISE THE OPPORTUNITIES THAT WE OFFER AND PROVIDESTUDENTS AND QUALIFIED INDIVIDUALS WITH INFORMATION ON HOW TO APPLY FOR SUPPORTFROM OUR ORGANIZATION. AN APPLICANT WILL NEED TO COMPLETE AN APPLICATIONINCLUDING PROVIDING PROOF OF FINANCIAL NEED. THE BOARD MEMBERS OF THEBROTHERHOOD CUP FOUNDATION WILL BE RESPONSIBLE FOR REVIEWING THE APPLICATIONSSUBMITTED AND DETERMINING WHICH STUDENTS AND QUALIFIED INDIVIDUALS WILL RECEIVESCHOLARSHIPS AND THE AMOUNT OF THE SCHOLARSHIPS.OUR ORGANIZATIONS SUPPORT WILL COVER THE COST OF THE PROGRAMS THE QUALIFIEDINDIVIDUAL APPLIED FOR. THE SPECIFIC COST WILL VARY BASED ON THE PROGRAMS ANDACTIVITIES THE QUALIFIED INDIVIDUAL WILL BE ATTENDING. THE SUPPORT THAT WE OFFER ISNOT AUTOMATICALLY RENEWABLE, BUT THERE ARE NO LIMITS ON THE AGE, GENDER, AND HOWMANY TIMES AN INDIVIDUAL CAN APPLY FOR SUPPORT FROM OUR ORGANIZATION.ONCE THE BROTHERHOOD CUP FOUNDATION HAS SELECTED A SCHOLARSHIP RECIPIENT, THEFUNDS WILL BE PAID DIRECTLY TO THE SCHOOL OR EDUCATIONAL PROGRAM ON BEHALF OFPARTICIPANT. THIS WILL HELP ENSURE THAT THE FUNDS ARE BEING USED FOR ITS INTENDEDPURPOSE. OUR ORGANIZATION WILL ALSO FOLLOW UP WITH THE RECIPIENTS TO ENSURE THATTHEY ARE REGULARLY ATTENDING AND PARTICIPATING THROUGH THE DURATION OF THE PROGRAMTHAT THE SUPPORT WAS AWARDED FOR. THE NUMBER OF SCHOLARSHIPS AND GRANTS AWARDEDPER YEAR WILL DEPEND ON THE FUNDS AVAILABLE AT THE TIME.IN ADDITION TO AWARDING SCHOLARSHIPS, THE BROTHERHOOD CUP FOUNDATION WILL ALSOBE WORKING TO SUPPORT OTHER NONPROFIT ORGANIZATIONS THAT ARE EXEMPT UNDER IRC501(C)(3) AND HAVE DEMONSTRATED THE ABILITY TO OFFER HIGH QUALITY PROGRAMS ANDSERVICES TO OUR TARGET COMMUNITIES. AGAIN, THIS SUPPORT WILL BE OFFERED TOORGANIZATIONS WORKING IN UNDERSERVED AREAS OF OUR LOCAL COMMUNITIES AS WELL ASORGANIZATIONS WORKING IN UNDERSERVED COMMUNITIES AROUND THE WORLD. OURORGANIZATION WILL REACH OUT DIRECTLY TO THOSE ORGANIZATION TO SEE IF THEY COULDBENEFIT FROM OUR FINANCIAL SUPPORT. AFTER OUR ORGANIZATION HAS PROVIDED SUPPORT TOANOTHER ORGANIZATION, WE WILL FOLLOW UP WITH THAT ORGANIZATION TO ENSURE THAT THEFUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. WE WILL ALSO REQUIRE THAT RECEIPTSOR DOCUMENTATION OF HOW THE FUNDS WERE USED BE PROVIDED TO OUR ORGANIZATION TOMAKE SURE THAT THE FUNDS ARE BEING USED APPROPRIATELY AND TO MAKE SURE OURRECORDS ARE ACCURATE.IN THE FUTURE, AS OUR ORGANIZATION GROWS, WE WILL BE WORKING DILIGENTLY TO EXPANDOUR PROGRAMS AND SERVICES IN AN EFFORT TO BETTER FULFILL OUR ORGANIZATIONS GOALS.AS A NONPROFIT ORGANIZATION, WE ARE COMMITTED TO CONTINUALLY OFFERING THE HIGHESTQUALITY PROGRAMS AND SERVICES POSSIBLE WITH THE RESOURCES WE HAVE AVAILABLE.THROUGH OUR PROGRAMS AND SERVICES, WE HOPE TO HAVE A POSITIVE IMPACT IN THE LIVESOF THOSE WE WORK WITH AND THEIR COMMUNITIES AS A WHOLE.


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)Compensation
Zuqi Zhao
Director
$0
Lawrence L Chao
Director
$0
Yafei Liu
President & CEO
$0
Chao Liu
Treasurer
$0
Lei Howard Chen
Secretary
$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$73,390
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$73,390
Total Program Service Revenue$0
Investment income $14
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 $73,404

Peer Organizations

Organization NameAssets
Basic Fund
Oakland, CA
$9,421,973
Scholarship Foundation Of Santa Barbara
Santa Barbara, CA
$10,459,065
Foundation For Global Sports Development
Los Angeles, CA
$3,201,071
The Rogers Foundation
Las Vegas, NV
$710,269
School Choice Arizona Inc
Chandler, AZ
$8,382,303
Monarch School Project
San Diego, CA
$6,581,895
Education Forward Arizona
Phoenix, AZ
$6,266,542
Carol Young Brooke Foundation
Manhattan Beach, CA
$749,245
Uc Hastings Foundation
San Francisco, CA
$7,094,995
Foundation For Educational Administration
Sacramento, CA
$6,015,224
Baird Foundation Inc
Tucson, AZ
$30,384
Orange Coast College Foundation
Costa Mesa, CA
$13,270,788
Point Foundation
Los Angeles, CA
$10,563,939
Arizona Private Education Scholarship Fund Inc
Scottsdale, AZ
$7,134,785
Orange County School Of The Arts Foundation
Santa Ana, CA
$5,393,216
The Foster Alliance
Phoenix, AZ
$5,439,957
The Roddenberry Foundation
Sherman Oaks, CA
$2,607,743
Brophy Community Foundation
Phoenix, AZ
$8,022,211
Kathy Simon Family Foundation
Newport Beach, CA
$5,097,303
Draper Foundation
San Mateo, CA
$6,365,769
Burbank Health Care Foundation
Burbank, CA
-$657,131
Jewish Tuition Organization
Scottsdale, AZ
$4,753,116
The Doyle Foundation Inc
San Clemente, CA
$4,112,070
Aesop Inc
Scottsdale, AZ
$7,204,913
Frank P Doyle Trust Article Ix
Santa Rosa, CA
$4,238,486

Create an account to unlock the data you need.

or