Songchu Foundation
- Assets
- $16.4k
- Revenue
- $49.0
- Investments
- $0.0
- Employees
- 0
- Location
- Campbell, CA
- Founding
- 08/2008
- Data as of
- 04/2023
- EIN
- 26-2694838
Organization Overview
Songchu Foundation is located in Campbell, CA. The organization was established in 2008. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Songchu 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 04/2023, Songchu Foundation generated $49.0 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 (53.2%) each year. All expenses for the organization totaled $1.7k during the year ending 04/2023. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yonghua Song President | 5 | $0 | |
Hua Chu Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| 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 | $49 |
| 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 | $25 |
| Total operating and administrative expenses | $1,090 |
| Contributions, gifts, grants paid | $580 |
| Total expenses and disbursements | $1,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,378 |
| 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 | $16,378 |
| Accounts payable and accrued expenses | $50 |
| 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 | $50 |
Grants Awarded
Over the last fiscal year, Songchu Foundation has awarded $580 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INSTITUTE FOR CANCER RESEARCH PURPOSE: DONATION | $60 |
AMERICAN RED CROSS PURPOSE: DONATION | $100 |
BUDDHIST TZU CHI FOUNDATION PURPOSE: DONATION | $100 |
CARE INC PURPOSE: DONATION | $100 |
FEEDING AMERICA PURPOSE: DONATION | $60 |
SMILE TRAIN INC PURPOSE: DONATION | $60 |