Fortune Home Foundation
- Assets
- $367.8k
- Revenue
- -$1.6k
- Investments
- $298.4k
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 03/2009
- Data as of
- 11/2021
- EIN
- 26-3936781
Organization Overview
Fortune Home Foundation is located in San Jose, 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. Fortune Home Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASTILLEJA SCHOOL FOUNDATION1310 BRYANT STREETPALO ALTO, CA 94301
FRIENDS OF SARATOGA LIBRARY14410 OAK STSARATOGA, JCA 95070
AMERICAN RED CROSSWASHINGTON DC
RURAL CHINA EDUCATION FOUNDATIONPO BOX 224NEW YORK, NY 10276
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fan Gong CFO | 2 | $0 | |
Jian Zhang President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $44 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,662 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,618 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $900 |
| Contributions, gifts, grants paid | $19,100 |
| Total expenses and disbursements | $20,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,429 |
| Savings and temporary cash investments | $0 |
| 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 | $298,382 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $367,811 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fortune Home Foundation has awarded $19,100 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Palo Alto, CA PURPOSE: EDUCATION SUPPORT | $3,000 |
New York, NY PURPOSE: EDUCATION SUPPORT | $3,000 |
HUMANE SOCIETY PURPOSE: CHARITY | $2,100 |
Interlochen, MI PURPOSE: CHARITY | $2,000 |
THE UNIVERSITY OF IOWA CENTER FRO ADVANCEMENT PURPOSE: EDUCATION SUPPORT | $2,000 |
Gambier, OH PURPOSE: CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |