M & H Foundation
- Assets
- $9.9m
- Revenue
- $438.8k
- Investments
- $8.7m
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 05/2011
- Data as of
- 12/2023
- EIN
- 26-3904217
Organization Overview
M & H Foundation is located in Sunnyvale, CA. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. M & H 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 12/2023, M & H Foundation generated $438.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $293.5k during the year ending 12/2023. 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
EDUCATIONAL PROGRAMS AND HEALTH INFORMATION RESOURCES FORDISADVANTAGED AND UNDERREPRESENTED PERSONS WITHIN THE GLOBALCOMMUNITY, INCLUDING RELATED ADMINISTRATIVE EXPENSES ANDPROGRAM-RELATED INVESTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hao Liu Director | 1 | $0 | |
Mei Liang Director | 1 | $0 | |
Hao Liu President | 4 | $0 | |
Mei Liang Vp/secretary/treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,859 |
| Interest on Savings | $74,438 |
| 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 | $163,472 |
| Total Revenue | $438,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,960 |
| Depreciation | $0 |
| Occupancy | $58,752 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $25,638 |
| Other expenses | $100,672 |
| Total operating and administrative expenses | $237,891 |
| Contributions, gifts, grants paid | $55,606 |
| Total expenses and disbursements | $293,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,712 |
| Savings and temporary cash investments | $1,030,012 |
| 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 | $8,713,629 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,856,353 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $199,948 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $199,948 |
Grants Awarded
Over the last fiscal year, M & H Foundation has awarded $55,606 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE HARKER SCHOOL PURPOSE: EDUCATIONAL PROGRAMS | $25,000 |
SUNDAY FRIENDS PURPOSE: EDUCATIONAL PROGRAMS | $246 |
CALIFORNIA UNIVERSITY PURPOSE: EDUCATIONAL PROGRAMS | $30,000 |
BAYER BALLET COMPANY PURPOSE: EDUCATIONAL PROGRAMS | $360 |