Sino-American Cancer Foundation is located in Covina, CA. The organization was established in 1995. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sino-American Cancer 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 06/2023, Sino-American Cancer Foundation generated $434.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORM CANCER RESEARCH PYCR AND PLK1 ANTI CANCER DRUG DISCOVERY AND PERFORM DIMSCAN TO DO CELLULAR DRUG TOXICITY STUDY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Luh CEO | 0 | $0 | |
Christina Yen Secretary | 0 | $0 | |
Bingsen Zhou CFO | 0 | $0 | |
Terence Yen Employee | 40 | $41,944 | |
Yiduo Wu Employee | 40 | $62,217 | |
George Chiu Employee | 40 | $39,982 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $127,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,843 |
| Capital Gain Net Income | $38,843 |
| Net ST Capital Gain | $38,843 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $268,090 |
| Total Revenue | $433,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $434,587 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $586 |
| Depreciation | $40,842 |
| Occupancy | $208,379 |
| Travel, conferences, and meetings | $14,206 |
| Printing and publications | $0 |
| Other expenses | $216,998 |
| Total operating and administrative expenses | $1,113,147 |
| Contributions, gifts, grants paid | $96,520 |
| Total expenses and disbursements | $1,209,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,582 |
| 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 | $29,605 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,306,254 |
| Net Land, buildings, and equipment | $365,316 |
| Other assets | $1,406,800 |
| Total assets | $8,425,557 |
| 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 | $6,106 |
| Total liabilities | $6,106 |
Over the last fiscal year, Sino-American Cancer Foundation has awarded $96,520 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
YESHE KHORLO INC PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
TZU CHI FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $30,000 |
BUILDON FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $520 |
MOFFITT CANCER CENTER PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
TAIPEI MEDICAL UNIVERSITY PURPOSE: CHARITABLE CONTRIBUTION | $60,000 |