Sheng-Yen Lu Foundation, operating under the name Syl Foundation, is located in Redmond, WA. The organization was established in 2009. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Syl Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syl 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 12/2021, Syl Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Syl Foundation has awarded 253 individual grants totaling $5,744,778. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ADVANCE QUALITY HEALTH AND EDUCATION FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHENG-YEN LU FOUNDATION OPERATES TWO FUNDS TO ADDRESS EMERGING CHALLENGES FACED BY IMMIGRANT AND REFUGEE COMMUNITIES. IN VIEW OF THE ONGOING PANDEMIC, EMERGENCY RESOURCES WERE DIRECTED TO SUPPORT COVID-19 RESPONSES, WHICH INCLUDED VACCINATION OUTREACH, EDUCATION, AND OTHER HEALTH ACCESS NEEDS. 25 GRANTS WERE MADE TO FRONTLINE ORGANIZATIONS SERVING COMMUNITIES DISPROPORTIONATELY IMPACTED BY THE PANDEMIC AND WORKING TO COMBAT ANTI-ASIAN HATE/BIAS. THE EMERGENT NEEDS FUND ALSO SUPPORTED ORGANIZATIONS WORKING ON PROVIDING BASIC NEEDS SUPPORT (INCLUDING FOOD, HOUSING, AND INCOME SECURITY), LEGAL DEFENSE, AND IMMIGRANT RIGHTS ADVOCACY. 11 GRANTS WERE MADE FROM THE RAPID RESPONSE FUND TO ADDRESS CRITICAL TIME-SENSITIVE NEEDS. RAPID RESPONSE FUND GRANTS WERE MADE FOR THINGS SUCH AS SUPPLIES FOR COVID-TESTING SITES, CLEANING/SAFETY SUPPLIES, MOBILE CLINICS, TELEHEALTH AND OTHER EMERGENCY NEEDS.
SHENG-YEN LU FOUNDATION MADE THE FOLLOWING 13 HEALTH CARE GRANTS IN 2021: 1) ASIAN COUNSELING AND REFERRAL SERVICE; 2) CHINESE INFORMATION & SERVICE CENTER; 3) HEALTHPOINT COMMUNITY HEALTH CENTER; 4) INTERNATIONAL COMMUNITY HEALTH SERVICES; 5) INTERNATIONAL RESCUE COMMITTEE; 6) KIN ON COMMUNITY HEALTH; 7) NEIGHBORCARE COMMUNITY HEALTH CENTER; 8) NORTHWEST HEALTH LAW ADVOCATES; 9) OPEN ARMS PERINATAL SERVICES; 10) PROJECT ACCESS NORTHWEST; 11) REFUGEES NORTHWEST/LUTHERAN COMMUNITY SERVICES NORTHWEST; 12) SOMALI HEALTH BOARD; AND 13) WASHINGTON ACADEMCY FOR INTERNATIONAL MEDICAL GRADUATES. ALL GRANT RECIPIENTS WORK TO REDUCE HEALTH DISPARITIES WITH ADVOCACY AND/OR BY REACHING OUT TO UNDERSERVED POPULATIONS OFFERING MEDICAL, MENTAL AND/OR BEHAVIORAL HEALTH, AND DENTAL CARE TO MANY WHO WOULD OTHERWISE BE WITHOUT. NO PATIENTS ARE TURNED AWAY FOR INABILITY TO PAY.
SHENG-YEN LU FOUNDATION MADE 11 EDUCATION GRANTS IN 2021 TO SUPPORT THE FOLLOWING: 1) COLLEGE POSSIBLE'S COLLEGE PERSISTENCE PROGRAM ENSURING HIGH SCHOOL GRADUATION AND COLLEGE SUCCESS; 2) DENISE LOUIE EDUCATION CENTER'S EARLY EDUCATION PROGRAMS FOR CHILDREN FROM IMMIGRANT AND REFUGEE FAMILIES; 3) EAST AFRICAN COMMUNITY SERVICES' K-12 AFTER SCHOOL PROGRAM; 4) EL CENTRO DE LA RAZA'S WIDE RANGING EDUCATIONAL RESOURCES SUPPORTING IMMIGRANT & REFUGEE YOUTH; 5) HIGHLINE COLLEGE'S WELCOME BACK CENTER ASSISTING INTERNATIONALLY TRAINED PROFESSIONALS TO MAXIMIZE CAREER POTENTIAL IN THE U.S.; 6) KANDELIA'S ACADEMIC PROGRAMS, WHICH PROVIDE AFTER SCHOOL, SATURDAY, AND SUMMER PROGRAMS TO OVER 200 LOW-INCOME IMMIGRANT AND REFUGEE STUDENTS; 7) ONEAMERICA'S EFFORTS TO BUILD EARLY LEARNING ADVOCACY IN IMMIGRANT & REFUGEE COMMUNITIES; 8) PARA LOS NINOS WORK TO BUILD EARLY LEARNING EMPOWERMENT IN LATINO IMMIGRANT COMMUNITIES; 9) REFUGEE WOMEN'S ALLIANCE'S POST-SECONDARY EDUCATION SUCCESS PROGRAM; 10) WEST AFRICAN COMMUNITY COUNCIL'S MULTICULTURAL EARLY LEARNING PROGRAM; AND 11) WORLD RELIEF SEATTLE'S NEXTGEN PROGRAM FOR REFUGEE AND IMMIGRANT YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachel Allen Vp, Director Of Programs & Operations | Officer | 25 | $70,330 |
Fo-Ching Lu President | OfficerTrustee | 20 | $0 |
Andrew Roberts Treasurer | OfficerTrustee | 20 | $0 |
Susan Yang Secretary | OfficerTrustee | 1 | $0 |
Dexter Kuah Director | Trustee | 1 | $0 |
Teresa Piersa Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,398,782 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,398,782 |
Total Program Service Revenue | $0 |
Investment income | $153,819 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $303,474 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,856,075 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,868,500 |
Grants and other assistance to domestic individuals. | $87,420 |
Grants and other assistance to Foreign Orgs/Individuals | $77,705 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $70,330 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,151 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $317 |
Payroll taxes | $9,104 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $83,331 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,693 |
Information technology | $11,732 |
Royalties | $0 |
Occupancy | $43,184 |
Travel | $628 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,228 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,367 |
All other expenses | $0 |
Total functional expenses | $2,310,517 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $767,971 |
Savings and temporary cash investments | $472,248 |
Pledges and grants receivable | -$20,554 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,035 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $12,068,322 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $39,641 |
Total assets | $13,329,663 |
Accounts payable and accrued expenses | $4,000 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,000 |
Net assets without donor restrictions | $13,325,663 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $13,329,663 |
Over the last fiscal year, Sheng-Yen Lu Foundation has awarded $1,842,700 in support to 52 organizations.
Grant Recipient | Amount |
---|---|
Baltimore, MD PURPOSE: CAPACITY BUILDING SUPPORT, BASIC NEEDS, EDUCATION ACCESS | $73,000 |
Seattle, WA PURPOSE: EDUCATION ACCESS, BASIC NEEDS SUPPORT & EVENT SPONSORSHIP | $71,500 |
Tukwila, WA PURPOSE: COVID PANDEMIC SUPPORT & HEALTH ACCESS | $71,000 |
Seattle, WA PURPOSE: IMMIGRANT RIGHTS ADVOCACY, EDUCATION ACCESS & EVENT SPONSORSHIP | $70,500 |
COLECTIVA LEGAL DEL PUEBLO (WAISN) PURPOSE: COVID PANDEMIC SUPPORT & IMMIGRANT RIGHTS ADVOCACY | $48,000 |
Edmonds, WA PURPOSE: COVID VACCINATION SUPPORT FOR MIGRANTS & REFUGEES | $46,500 |
Over the last fiscal year, we have identified 1 grants that Sheng-Yen Lu Foundation has recieved totaling $360.
Awarding Organization | Amount |
---|---|
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $360 |
Beg. Balance | $11,840,766 |
Earnings | $1,582,541 |
Admin Expense | $83,331 |
Other Expense | $800,000 |
Ending Balance | $12,539,976 |
Organization Name | Assets | Revenue |
---|---|---|
Sheng-Yen Lu Foundation Redmond, WA | $13,329,663 | $1,856,075 |
Seattle Meditation Center Mountlake Terrance, WA | $2,480,569 | $886,146 |
Friends Of Cloud Mountain Castle Rock, WA | $2,182,059 | $720,638 |
Center For The Practice Of Zen Buddhist Meditation Sequim, WA | $1,632,156 | $459,776 |
Oregon Meditation Center Portland, OR | $1,627,146 | $324,907 |
Pariyatti Onalaska, WA | $667,319 | $352,710 |
Vietnamese Buddhist Meditation Congregation Renton, WA | $396,049 | $0 |
Northwest Zen Sangha Portland, OR | $5,044,797 | $760,154 |
Khmer Buddhist Society Seattle, WA | $563,332 | $691,313 |
Intermountain Vipassana Association Inc Lava Hot Springs, ID | $1,668,454 | $181,845 |
Vietnamese Buddhist Community Co Lam Temple Seattle, WA | $637,519 | $153,346 |
Buddhist Community Of Oregon Portland, OR | $0 | $148,588 |