Yin-Shun Foundation
- Assets
- $88.8m
- Revenue
- $165.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- Sparta, NJ
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 22-3458312
Organization Overview
Yin-Shun Foundation is located in Sparta, NJ. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Yin-Shun 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 12/2022, Yin-Shun Foundation generated $165.2k 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 (6.7%) each year. All expenses for the organization totaled $597.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yin-Shun Foundation has awarded 74 individual grants totaling $2,384,900. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BODHI MONASTERY
FUYAN BUDDHIST INSTITUTE
YIN SHUN CULTURAL FOUNDATION
LIGHT OF WISDOM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taihua Wu Trustee | 5 | $0 | |
Ven Yuan Po Trustee | 2 | $0 | |
Ven Yuan-Wu Trustee | 2 | $0 | |
Tse-Yu Hsieh Alt Trustee | 2 | $0 | |
Sheng-Chiang Lu Alt Trustee | 2 | $0 | |
Hsiu-Ju Phi Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $67,675 |
| Dividends & Interest | $34,705 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,890 |
| Capital Gain Net Income | $17,898 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $47,954 |
| Total Revenue | $165,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,496 |
| Depreciation | $126,720 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,312 |
| Total operating and administrative expenses | $215,087 |
| Contributions, gifts, grants paid | $381,900 |
| Total expenses and disbursements | $596,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $85,818 |
| 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 | $27,998 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,744,781 |
| Other assets | $83,160,000 |
| Total assets | $88,779,906 |
| Accounts payable and accrued expenses | $11,500 |
| 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 | $11,500 |
Grants Awarded
Over the last fiscal year, Yin-Shun Foundation has awarded $381,900 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BUDDHIST GLOBAL RELIEF PURPOSE: COMPASSION FOR HUMANITY | $30,000 |
YIN SHUN CULTURAL FOUNDATION PURPOSE: SUPPORT FOR BUDDHIST PROPAGATION | $50,000 |
FUYAN MONASTERY PURPOSE: SUPPORT FOR BUDDHIST PROPAGATION | $121,900 |
LIGHT OF WISDOM DHARMA PURPOSE: SUPPORT FOR BUDDHIST PROPAGATION | $60,000 |
BODHI MONASTERY PURPOSE: SUPPORT FOR BUDDHIST PROPAGATION | $70,000 |
WORLD FOOD PROGRAM PURPOSE: COMPASSION FOR HUMANITY | $6,000 |