Liu Foundation
- Assets
- $2.3m
- Revenue
- $75.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 13-3945839
Organization Overview
Liu Foundation is located in New York, NY. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liu 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, Liu Foundation generated $75.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $104.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Liu Foundation has awarded 38 individual grants totaling $2,600,000. 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 |
|---|---|---|---|
Laura Parsons Director/vp | 1 | $0 | |
Wyna Liu Dir./secretary | 1 | $0 | |
Yvonne Liu President/dir. | 1 | $0 | |
Fred Teng Director | 1 | $0 | |
Whiting Wu Dir./treasurer | 1 | $0 | |
Karen Lavine Asst. Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,763 |
| Dividends & Interest | $41,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,474 |
| Capital Gain Net Income | $28,474 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,392 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $807 |
| Total operating and administrative expenses | $54,361 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $104,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,277 |
| 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 | $329,038 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $591 |
| Total assets | $2,314,141 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Liu Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK HALL OF SCIENCE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
BIG BROTHERS BIG SISTERS OF NYC PURPOSE: SUPPORT FOR PROGRAMS SERVING CHINESE-AMERICAN YOUTH. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Liu Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Theodore Cross Family Charitable Foundation Lynbrook, NY PURPOSE: GENERAL PURPOSES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ruderman Family Foundation Newton, MA | $161,614,404 | $9,111,768 |
The Ahava Foundation Kearny, NJ | $69,246,321 | $13,538,690 |
The Rona Jaffe Foundation Dix Hills, NY | $31,757,116 | $2,944,285 |
Mary Field And Vincent Dep Goubeau Charitable Tr 1996 Boston, MA | $0 | $23 |
Lostand Foundation Inc Cold Spring, NY | $0 | $2,083,089 |
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA | $16,132,654 | $1,229,352 |
Enterprise Foundation Tr New York, NY | $11,495,685 | $0 |
Shoreland Foundation Inc Lloyd Harbor, NY | $17,307,030 | $9,179,290 |
Summit Foundation Inc Getzville, NY | $1,308,590 | $48,121 |
Dale Kutnick And Laura Gordon Kutnick Foundation Inc Pennington, NJ | $16,101,991 | $2,420,688 |
Roe Foundation Inc New York, NY | $4,790,106 | $5,727,059 |
Dreams R Us Foundation Shoreham, NY | $16,620,968 | $1,291,461 |