Cheng-Chun Memorial Foundation is located in Milpitas, CA. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Cheng-Chun Memorial 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 04/2024, Cheng-Chun Memorial Foundation generated $6.4k 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 (7.2%) each year. All expenses for the organization totaled $68.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cheng-Chun Memorial Foundation has awarded 23 individual grants totaling $215,247. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tajo Chu President | 2 | $0 | |
Chun-Chun Feng Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $11 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,406 |
Capital Gain Net Income | $6,406 |
Net ST Capital Gain | $1,406 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $6,417 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $845 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25 |
Total operating and administrative expenses | $7,840 |
Contributions, gifts, grants paid | $60,115 |
Total expenses and disbursements | $67,955 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
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 |
Over the last fiscal year, Cheng-Chun Memorial Foundation has awarded $60,115 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
CHU LEGACY FOUNDATION PURPOSE: TO ENHANCE THE LIVES OF THOSE WITH DISADVANTAGES. | $49,944 |
SCHWAB CHARITABLE FUND PURPOSE: TO HELP CLIENTS MORE EFFECTIVELY MEET THEIR CHARITABLE GIVING NEEDS THROUGH A DONOR-ADVISED FUND ACCOUNT. | $10,050 |
CHU LEGACY FOUNDATION PURPOSE: TO ENHANCE THE LIVES OF THOSE WITH DISADVANTAGES. | $121 |