Allen & Ivy Yu Foundation
- Assets
- $561.0k
- Revenue
- $581.5k
- Investments
- $203.1k
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 01/2010
- Data as of
- 06/2024
- EIN
- 27-3298737
Organization Overview
Allen & Ivy Yu Foundation is located in Los Altos Hills, CA. The organization was established in 2010. 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. Allen & Ivy Yu 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 06/2024, Allen & Ivy Yu Foundation generated $581.5k in total revenue. All expenses for the organization totaled $32.7k during the year ending 06/2024. While expenses have increased by 12.8% 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.
Since 2016, Allen & Ivy Yu Foundation has awarded 54 individual grants totaling $109,200. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivy Yu President | 3 | $0 | |
Allen Yu Secretary & CFO | 1 | $0 | |
Connie Yu Director | 1 | $0 | |
Albert Yu Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $561,597 |
| Interest on Savings | $10,629 |
| Dividends & Interest | $9,240 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59 |
| Capital Gain Net Income | $59 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $581,525 |
| 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 | $3,073 |
| Total operating and administrative expenses | $4,553 |
| Contributions, gifts, grants paid | $28,100 |
| Total expenses and disbursements | $32,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,535 |
| Savings and temporary cash investments | $349,349 |
| 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 | $203,138 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $561,022 |
| 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, Allen & Ivy Yu Foundation has awarded $28,100 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BUDDHIST TZU CHI FOUNDATION (EIN #94-2952782) PURPOSE: TO SUPPORT FOUNDATION MISSION | $10,600 |
LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH (EIN #77-0440090) PURPOSE: TO SUPPORT LUCILE PACKARD CHILDREN'S FUND | $1,500 |
NAMI-SANTA CLARA COUNTY (EIN #94-2430956) PURPOSE: TO SUPPORT PEOPLE WITH MENTAL ILLNESS AND THEIR FAMILIES | $250 |
NEW HOPE CHINESE CANCER CARE FOUNDATION (FEIN#46-2490094) PURPOSE: TO SUPPORT CHINESE CANCER PATIENTS AND FAMILIES. | $9,500 |
PRAJNA DHARMA FOUNDATION (EID #87-1925760) PURPOSE: TO SUPPORT FOUNDATION MISSION | $3,000 |
UCSF (FEIN#94-2829914) PURPOSE: TO SUPPORT SCIENTIFIC KNOWLEDGE AND GROUNDBREAKING DISCOVERY IN HEALTH CARE SERVICES. | $1,500 |