Talem Foundation is located in Temecula, CA. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Talem Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEBSITE - DEVELOPMENT OF WEBSITE TO SUPPORT FOUNDATION ACTIVITIES
RESEARCH - RESEARCH & ANALYSIS OF SOCIAL IMPACT INVESTMENT FUNDS OPERATING IN THE US AND PEOPLE AN ORGANIZATIONS SEEKING INVESTMENT OPPORTUNITIES THAT SUPPORT AREAS OF EDUCATION HEALTH INFRASTRUCTURE AND ECONOMIC DEVELOPMENT.
PUBLICATIONS - DEVELOPMENT OF PUBLICATIONS AND OUTREACH IN SUPPORT OF FOUNDATION ACTIVITIES
ANALYSIS - RESEARCH AND ANALYSIS OF CROWD FUNDING PLATFORMS FOR SOCIAL IMPACT TO AID THOSE SEEKING INVESTMENT OPPORTUNITIES THAT SUPPORT AREAS OF EDUCATION HEALTH INFRASTRUCTURE AND ECONOMIC DEVELOPMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Butler CEO | 2 | $0 | |
Lisa Miyajima Treasurer | 1 | $0 | |
Alanna Miyajima Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $306,133 |
| Interest on Savings | $271 |
| Dividends & Interest | $2,541 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,678 |
| Capital Gain Net Income | $10,678 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $319,623 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $484 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $951 |
| Total operating and administrative expenses | $1,828 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $31,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,146 |
| 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 | $317,830 |
| Accounts payable and accrued expenses | $35 |
| Grants payable | $30,000 |
| 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 | $30,035 |
Over the last fiscal year, Talem Foundation has awarded $30,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
YCAB FOUNDATION PURPOSE: UNRESTRICTED DONATION | $7,500 |
CONSTRUCTION 4 CHANGE PURPOSE: UNRESTRICTED DONATION | $7,500 |
CLEAN START KENYA PURPOSE: UNRESTRICTED DONATION | $7,500 |
GLOBAL FDN FOR CHILDREN HEARING LOS PURPOSE: UNRESTRICTED DONATION | $7,500 |