Faithful Servants Foundation

Organization Overview

Faithful Servants Foundation is located in Yorba Linda, CA. The organization was established in 2009. 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. Faithful Servants 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, Faithful Servants Foundation generated $527.7k 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 (4.0%) each year. All expenses for the organization totaled $685.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Faithful Servants Foundation has awarded 186 individual grants totaling $2,275,597. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO HELP FURTHER WELFARE OF PHYSICALLY CHALLENGED INDIVIDUALS


DONATIONS TO SUPPORT RELIGIOUS ACTIVITIES AROUND THE GLOBE.


SCHOLARSHIPS TO SUPPORT EDUCATIONAL PURSUITS.


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Board, Officers & Key Employees

Name (title)Compensation
C Edward Chu
Founder/trustee
$0
Yoon Young Chu
Founder/trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $15,342
Dividends & Interest $66,526
Net Rental Income$0
Net Gain on Sale of Assets $445,798
Capital Gain Net Income $445,798
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $527,666

Grants Awarded

Over the last fiscal year, Faithful Servants Foundation has awarded $658,650 in support to 30 organizations.

Grant RecipientAmount

WESTMINSTER THEOLOGICAL SEMINARY

Org PageRecipient Profile

Glenside, PA

PURPOSE: EDUCATIONAL ASSISTANCE

$130,000

BIOLA UNIVERSITY

PURPOSE: TUITION

$90,350

SEED INTERNTIONAL

PURPOSE: RELIGIOUS SUPPORT

$60,000

RISE UNIVERSITY PREPARATORY LUZ TORRES AND MIA CHIEN

PURPOSE: TO SUPPORT EDUCATIONAL PURSUITS

$45,100

GATEWAY SEMINARY - KYOON HUH JOE KIM ESTELLA KIM

PURPOSE: TO SUPPORT EDUCATIONAL PURSUITS

$32,100

LOVING HEART - ANDREW CHUNG

PURPOSE: TO SUPPORT CARE FOR ORPHANS WITH DISABILITIES

$29,700
View Grant Profile

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