The Cho Foundation Inc
- Assets
- $27.2k
- Revenue
- $22.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lee, NJ
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-1522035
Organization Overview
The Cho Foundation Inc is located in Fort Lee, NJ. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Cho Foundation Inc 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, Cho Foundation Inc generated $22.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $28.4k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 7 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.
Since 2015, Cho Foundation Inc has awarded 79 individual grants totaling $158,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO INDIVIDUALS
CHARITABLE CONTRIBUTIONS TO EXEMPT ORGANIZATIONS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,000 |
| Interest on Savings | $52 |
| Dividends & Interest | $0 |
| 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 | $22,052 |
| 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 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,370 |
| Total operating and administrative expenses | $2,371 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $28,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,319 |
| Savings and temporary cash investments | $25,906 |
| 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 | $27,225 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, The Cho Foundation Inc has awarded $26,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
STEPHAN HAN PURPOSE: SCHOLARSHIP | $2,000 |
BUYONG KIM PURPOSE: SCHOLARSHIP | $2,000 |
KA YEUN KIM PURPOSE: SCHOLARSHIP | $2,000 |
HYEWON SUNG PURPOSE: SCHOLARSHIP | $2,000 |
MINA CHUNG PURPOSE: SCHOLARSHIP | $2,000 |
LORA OH PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Community Education Building Corp Wilmington, DE | $62,091,900 | $5,409,569 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |
Birthright Israel North America Inc New York, NY | $2,756,137 | $5,688,766 |
Soros Economic Development Fund New York, NY | $190,503,205 | $61,273,314 |
Willem De Kooning Foundation New York, NY | $89,591,494 | $5,032,918 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |