Florence Fang Family Foundation
- Assets
- $209.4k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 90-0747285
Organization Overview
Florence Fang Family Foundation is located in Redwood City, CA. The organization was established in 2012. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florence Fang 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, Florence Fang Family Foundation generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Florence Fang Family Foundation has awarded 21 individual grants totaling $950,104. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Florence Fang President & CEO | 20 | $0 | |
Ted Fang CFO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| 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 | $100,000 |
| 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 | $10,755 |
| Total operating and administrative expenses | $13,255 |
| Contributions, gifts, grants paid | $800 |
| Total expenses and disbursements | $14,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,401 |
| 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 | $1 |
| Total assets | $209,402 |
| Accounts payable and accrued expenses | $23,764 |
| 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 | $1,687 |
| Total liabilities | $25,451 |
Grants Awarded
Over the last fiscal year, Florence Fang Family Foundation has awarded $800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL SCOUTS PURPOSE: CHARITABLE CONTRIBUTION | $500 |
Fremont, CA PURPOSE: CHARITABLE CONTRIBUTION | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edify San Diego, CA | $6,623,463 | $8,851,742 |
Ploughshares Fund Inc San Francisco, CA | $34,653,491 | $6,615,677 |
American Himalayan Foundation San Francisco, CA | $21,794,459 | $4,216,875 |
Ramakrishna Foundation Arcadia, CA | $1,047,373 | $3,548,174 |
Wcg Cares Carlsbad, CA | $2,144,515 | $2,918,913 |
Sustainable Sciences Institute San Francisco, CA | $1,202,077 | $2,730,574 |
Sai Global Mission Santa Clara, CA | $862,055 | $2,360,918 |
Eternal Charitable Foundation Las Vegas, NV | $228,724 | $1,904,759 |
Chances For Children Scottsdale, AZ | $1,995,339 | $2,204,866 |
Mercy Beyond Borders Santa Clara, CA | $1,165,740 | $1,401,592 |
Sitare Foundation Palo Alto, CA | $29,674,432 | $2,923,884 |
David Ortiz Childrens Fund El Segundo, CA | $2,081,002 | $1,264,173 |