Minh Bui Md Foundation
- Assets
- $335.3k
- Revenue
- $36.2k
- Investments
- $149.3k
- Employees
- 0
- Location
- Folsom, CA
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-3815288
Organization Overview
Minh Bui Md Foundation is located in Folsom, CA. The organization was established in 2006. 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. Minh Bui MD 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 12/2023, Minh Bui MD Foundation generated $36.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $26.6k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DR NGO VIET LAM FROM HUE UNIVERSITY SCHOOL OF MEDICINE TO STUDY IN YUBA CITY AND SACRAMENTO CALIFORNIA FROM OCTOBER TO DECEMBER 2023.
80 SCHOLARSHIPS TO MEDICAL STUDENTS IN HUE UNIVERSITY SCHOOL OF MEDICINE IN HUE VIETNAM. THIS IS AN ANNUAL ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Minh Bui President | 10 | $0 | |
Nhung Thi Ho Vice President | 40 | $0 | |
Jonathan Bui Director | 2 | $0 | |
Vivian Bui Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,690 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,280 |
| Printing and publications | $0 |
| Other expenses | $134 |
| Total operating and administrative expenses | $3,444 |
| Contributions, gifts, grants paid | $23,114 |
| Total expenses and disbursements | $26,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,995 |
| 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 | $149,260 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $335,255 |
| 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, Minh Bui Md Foundation has awarded $23,114 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DR NGO VIET LAM PURPOSE: GRANTS TO HELP DR. NGO VIET LAM FRO HUE SCHOOL OF MEDICINE TO STUDY CLINICAL CARDIOLOGY IN YUBA CITY AT THE YUBA SUTTER MEDICAL CLINIC AND AT THE UC DAVIS CARDIOLOGY DEPARTMENT IN SACRAMENTO | $2,214 |
MEDICAL STUDENT SCHOLARSHIPS PURPOSE: SCHOLARSHIPS FOR 80 MEDICAL STUDENT TO ATTEND HUE MEDICAL SCHOO IN HUE VIETNAM FOR THE ACADEMIC YEAR OF 2023-2024 | $20,900 |