Dsea Wong Foundation
- Assets
- $558.9k
- Revenue
- -$48.7k
- Investments
- $384.9k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2007
- Data as of
- 09/2023
- EIN
- 26-0387265
Organization Overview
Dsea Wong Foundation is located in Dallas, TX. The organization was established in 2007. 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. Dsea Wong Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Dsea Wong Foundation has awarded 120 individual grants totaling $4,608,192. 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 |
|---|---|---|---|
Dennis Jason Wong President & Treasurer | 0 | $0 | |
Shannon Elizabeth Wong Vice President & Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,010 |
| Dividends & Interest | $15,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$66,489 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$48,654 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,501 |
| Total operating and administrative expenses | $6,501 |
| Contributions, gifts, grants paid | $243,066 |
| Total expenses and disbursements | $249,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,982 |
| 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 | $384,884 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $558,866 |
| 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 | $755,898 |
| Total liabilities | $755,898 |
Grants Awarded
Over the last fiscal year, Dsea Wong Foundation has awarded $243,066 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE DALLAS FOUNDATION PURPOSE: GENERAL DONATION | $5,000 |
ELLISON INSTITUTE RESEARCH FOUNDATION PURPOSE: GENERAL DONATION | $100,000 |
HOPE SUPPY CO PURPOSE: GENERAL DONATION | $33,666 |
CENTER FOR BRAINHEALTH UT DALLAS PURPOSE: GENERAL DONATION | $10,000 |
KLYDE WARREN PARK PURPOSE: GENERAL DONATION | $1,900 |
SOUTHWESTERN MEDICAL FOUNDATION PURPOSE: GENERAL DONATION | $25,000 |