Love Life Family Foundation
- Assets
- $454.7k
- Revenue
- -$134.0k
- Investments
- $437.4k
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 06/2010
- Data as of
- 03/2024
- EIN
- 27-2455605
Organization Overview
Love Life Family Foundation is located in San Jose, 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. Love Life Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Love Life Family Foundation has awarded 19 individual grants totaling $552,357. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Kung Secretary | 1 | $0 | |
Shih-Ying Lu President & CEO | 1 | $0 | |
Derrick Chiyuan Yu CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,621 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$143,669 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$134,048 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $199 |
| Total operating and administrative expenses | $4,509 |
| Contributions, gifts, grants paid | $25,929 |
| Total expenses and disbursements | $30,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,318 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $454,700 |
| Accounts payable and accrued expenses | $492 |
| 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 | $492 |
Grants Awarded
Over the last fiscal year, Love Life Family Foundation has awarded $25,929 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE EVANGELICAL SERVICE PURPOSE: TO MAKE THE WORLD OF GOD RELEVANT TO THE COMMUNITY IN WHICH WE LIVE. | $25,029 |
LIVERMORE HIGH SCHOOL PURPOSE: TO PROVIDE A WELL-ROUNDED, RIGOROUS CURRICULUM IN A SAFE AND SUPPORTIVE LEARNING ENVIRONMENT THAT PROMOTES THE INTELLECTUAL, PHYSICAL, SOCIAL, AND EMOTIONAL GROWTH OF ALL STUDENTS. | $900 |