Sunshine And Love Foundation
- Assets
- $273.6k
- Revenue
- $5.7k
- Investments
- $231.9k
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 01/2010
- Data as of
- 09/2023
- EIN
- 27-1219499
Organization Overview
Sunshine And Love Foundation is located in Hillsborough, CA. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sunshine And Love 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 09/2023, Sunshine And Love Foundation generated $5.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 57.9% each year . All expenses for the organization totaled $14.0k during the year ending 09/2023. While expenses have increased by 35.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shan-Shan Chen CEO | 2 | $0 | |
Nelson Chen CFO | 3 | $0 | |
Victor Chen Secretary | 2 | $0 | |
Race Chen Legal Agent | 2 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,494 |
| Dividends & Interest | $2,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $524 |
| Capital Gain Net Income | $524 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,822 |
| Printing and publications | $0 |
| Other expenses | $649 |
| Total operating and administrative expenses | $8,145 |
| Contributions, gifts, grants paid | $5,882 |
| Total expenses and disbursements | $14,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,732 |
| 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 | $273,599 |
| 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, Sunshine And Love Foundation has awarded $5,882 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BEIYINU ALUMNAE FOUNDATION PURPOSE: DONATION | $2,100 |
NATIONAL TAIWAN UNIVERSITY ACADEMIC DEVELOPMENT FOUNDATION INC PURPOSE: DONATIONS | $600 |
KEQED INC PURPOSE: DONATIONS | $500 |
YOSEMITE CONVERVANCY PURPOSE: DONATIONS | $300 |
HOPE CANCER SOCIETY PURPOSE: DONATION | $200 |
TAIWAN UNIVERSITY PURPOSE: DONATION | $500 |