Tong Family Foundation

Organization Overview

Tong Family Foundation is located in Friday Harbor, WA. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Tong 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, Tong Family Foundation generated $154.0k in total revenue. All expenses for the organization totaled $275.7k during the year ending 12/2021. While expenses have increased by 80.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $240
Dividends & Interest $24,044
Net Rental Income$0
Net Gain on Sale of Assets $127,279
Capital Gain Net Income $127,279
Net ST Capital Gain $6,588
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,470
Total Revenue $154,033

Grants Awarded

Over the last fiscal year, Tong Family Foundation has awarded $255,000 in support to 2 organizations.

Grant RecipientAmount

KANSAS STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SUPPORT

$250,000

LONG BEACH AREA COUNCIL BOY SCOUTS OF AMERICA

PURPOSE: SUPPORT

$5,000
View Grant Profile

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