Fudan University Education Development Foundation

Organization Overview

Fudan University Education Development Foundation is located in La Jolla, CA. The organization was established in 2007. 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. Fudan University Education Development 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, Fudan University Education Development Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITH THE MISSION AS PROMOTING HIGHER EDUCATION AND ACADEMIC RESEARCH OF FUDAN UNIVERSITY. FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION MAINLY RAISES FUNDS TO SET UP FELLOWSHIPS, SCHOLARSHIPS, FACILITATE STUDENT EXCHANGE AND ENHANCE CAMPUS INFRASTRUCTURES, ETC..

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS & STUDENT FINANCIAL AIDS: TO PROVIDE SUBSTANTIAL SUPPORT FOR STUDENTS' DEVELOPMENT, AND TO SATISFY THE FINANCIAL NEEDS FROM LOW INCOME FAMILIES, FUNDS WERE RAISED TO SET UP KINDS OF SCHOLARSHIPS AND FINANCIAL AIDS, WHICH INCLUDES EXCELLENCE SCHOLARSHIP, LIBERAL ARTS SCHOLARSHIP, RESEARCH SCHOLARSHIP, EXCHANGE STUDENT SCHOLARSHIP, ETC, AND DIFFERENT LEVELS OF FINANCIAL AIDS SO THAT EACH FINANCIALLY CHALLENGED STUDENTS CAN LIVE A HEALTHY LIFE DURING THEIR UNIVERSITY TIME. IN 2021, THERE WERE FIFTEEN (15) SCHOLARSHIPS AND FINANCIAL AIDS PROGRAMS GRANTED, HUNDEREDS OF STUDENTS BENEFITED FROM THOSE SCHOLARSHIPS AND FINANCIAL AIDS.


FACULTY DEVELOPMENT PROGRAM: TO BUILD A WORLD-CLASS UNIVERSITY, FUDAN SETS UP LONG-TERM PLANS ON PROMOTING THE QUALITY OF FACULTY. FOUNDATION RAISED KINDS OF FUND FOR FACULTY TRAINING, CHAIR PROFESSOR RECRUITING, FELLOWSHIPS FOR OUTSTANDING FACULTIES AND SPONSORSHIPS FOR ACADEMIC SEMINARS AND LECTURES GIVEN FROM GLOBAL WELL-KNOWN SCHOLARS.IN 2021, THERE WAS ONE (1) FACULTY DEVELOPMENT PROGRAMS WERE GRANTED, WHICH WAS HAOQING CHAIR PROFESSOR PROGRAM.


INFRASTRUCTURE DEVELOPMENT: FUNDS ARE RAISED TO SUPPORT ALL MEANS OF INFRASTRUCTURE DEVELOPMENT NECESSARY TO PROVIDE BETTER TEACHING, RESEARCH, AND LIVING CONDITIONS FOR ALL FACULTY, STAFF AND STUDENTS. IN 2021, THE GRANTED FUND WAS USED TO BUILD DONG GU LIZHEN ART MUSEUM AND RENOVATE JIU YUAN BUILDINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Xu Zheng
Chairman, Director
$0
Yuen Francis
Director, Treasurer
$0
Yang Zengguo
Director, President
$0
Lu Yingfeng
Vice President
$0
Zhang Yi
Vice President
$0
Lu Li An
Vice President
$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$2,488,291
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,488,291
Total Program Service Revenue$0
Investment income $51,097
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 $2,535,242

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fudan University Education Development Foundation has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,788,325
Earnings$327,995
Grants$25,000
Ending Balance$2,091,320

Peer Organizations

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