Little Cherry Foundation
- Assets
- $1.1m
- Revenue
- $181.0k
- Investments
- $95.5k
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 12/2010
- Data as of
- 08/2021
- EIN
- 27-3555068
Organization Overview
Little Cherry Foundation is located in Fremont, CA. The organization was established in 2010. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Cherry 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 08/2021, Little Cherry Foundation generated $181.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $48.3k during the year ending 08/2021. While expenses have increased by 13.6% per year over the past 6 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 2015, Little Cherry Foundation has awarded 29 individual grants totaling $135,924. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
5/13/21 ON BEHALF OF THE LITTLE CHERRY FOUNDATION, MS. WU LIJUN BROUGHT THE LOVE OF THE FOUNDATION TO THE RESIDENTS AND COMMUNITY COMMITTEES OF LIJIA TOWN, RENHE COUNTY. THE FOUNDATION DONATED DAILY NECESSITIES SUCH AS RICE AND COOKING OIL TO EACH POOR FAMILY, AND DONATED CASH.
ON 7/12/21, LIJUN WU FROM LITTLE CHERRY FOUNDATION WEN TO GANZI SENIOR CENTER. SOME OF THEM ARE DISABLED AND HAVE DIFFICULTY TO WALK. MISS LIJUN WU VISITED THEM WITH SUPPLIES LIKE CLOTHES AND ALSO DONATED CASH.
ON 6/21/21, LIJUN WU, MEMBER OF THE LITTLE CHERRY FOUNDATION, VISITED THE LIANGHE CENTRAL ELEMENTARY SCHOOL IN LINSHUI CITY. WITH THE COMPANY OF THE PRINCIPLE, SHE MET HARDWORKING STUDENTS WHOSE FAMILIES WERE EXTREMELY POOR. MS. WU ENCOURAGED THE STUDENTS TO STUDY HARD AND TRY TO PAY BACK TO THE SOCIETY WHEN THEY GROW UP. SHE DONATED CASH TO ESTABLISH FUNDS FOR ALL THE POOR STUDENTS. SHE ALSO DONATED VARIOUS SCHOOL SPORTS SUPPLIES LIKE SOCCERS,BASKET BALLS,ECT.
8/27/21 MS. WU LIJUN WENT TO THE GAOTAN TOWN NURSING HOME. DUE TO FAMILY CHANGES, THE ELDERLY CANNOT RECEIVE PROTECTION IN THEIR OLD AGE, THE ECONOMIC DEVELOPMENT OF GANZI TOWN IS NOT RICH, AND THE SUPPLIES OF THE NURSING HOME IS ALSO SLIGHTLY INSUFFICIENT. WITH THE SPIRIT OF "RESPECTING THE ELDERLY", AND "LOVING THE ELDERLY", MS. WU LIJUN ON BEHALF OF THE LITTLE CHERRY FUND SENT CLOTHINGS TO EACH ELDERLY PERSON IN THE NURSING HOME. IN ADDITION, ALSO DONATED FUND TO EACH ELDERLY PERSON TO IMPROVE THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yitao Wu CEO | 10 | $0 | |
Yi Qian Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $98 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $180,924 |
| Capital Gain Net Income | $180,924 |
| Net ST Capital Gain | $180,924 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,776 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,311 |
| Total operating and administrative expenses | $23,377 |
| Contributions, gifts, grants paid | $24,926 |
| Total expenses and disbursements | $48,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,020,905 |
| 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 | $1,116,407 |
| Accounts payable and accrued expenses | $43,222 |
| 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 | $1 |
| Total liabilities | $43,223 |
Grants Awarded
Over the last fiscal year, Little Cherry Foundation has awarded $24,926 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GAOTAN SENIOR CENTER PURPOSE: CHARITABLE DONATION | $8,060 |
RENHE COMMUNITY CENTER PURPOSE: CHARITABLE DONATION | $7,463 |
GANZI SENIOR CENTER PURPOSE: CHARITABLE DONATION | $4,925 |
LIANGHEXIANG CENTRAL ELEMENTARY SCH PURPOSE: CHARITABLE DONATION | $4,478 |
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