Chun & Jane Chiu Family Foundation
- Assets
- $3.6m
- Revenue
- $248.3k
- Investments
- $3.1m
- Employees
- 0
- Location
- Santa Clara, CA
- Founding
- 08/2011
- Data as of
- 10/2023
- EIN
- 27-4189405
Organization Overview
Chun & Jane Chiu Family Foundation is located in Santa Clara, CA. The organization was established in 2011. 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. Chun & Jane Chiu 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.
For the year ending 10/2023, Chun & Jane Chiu Family Foundation generated $248.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $298.2k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chun & Jane Chiu Family Foundation has awarded 68 individual grants totaling $816,400. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHUN CHIU TAIWAN STUDIES PROGRAM, BASED IN THE SCHOOL OF HISTORY, PHILOSOPHY AND RELIGION AT OREGON STATE UNIVERSITY WAS LAUNCHED IN 2007. IT SEEKS TO PROMOTE HISTORICAL KNOWLEDGE AND RESEARCH ABOUT TAIWAN, GREATER CHINA AND ASIA.
THE CHIU SCHOLARY EXCHANGE PROGRAM THROUGH OREGAN STATE UNIVERSITY GRANT AWARDS TO SCHOLARS WHO ARE TAIWAN STUDY OR HISTORY SPECIALIST OR NON-SPECILIST TO FURTHER STUDY OR RESEARCH INCLUDES TAIWAN PAST AND CURRENT SIGNIFICANT ISSUES.
THE FOUNDATION HAD CREATED THE TAIWANESS-AMERICAN COMMUNITY SCHOLARSHIP IN 2011, WHICH PROVIDE MERIT SCHOLARSHIPS TO COLLEGE-BOUND HIGH SCHOOL SENIORS OR INCUMBENT UNDERGRADUATE COLLEGE STUDENTS WHO ARE ASPIRNG TO MAKE POSITIVE CONTRIBUTION TO SOCIETY, BUT COME FROM FINANCIALLY DISADVANGED BACKGROUNDS ARE ENCOURAGED TO APPLY.
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 |
|---|---|---|---|
Chun-Pang Chiu President | 2 | $0 | |
Michael M Chiu Secretary | 2 | $0 | |
Jingshiang Cheng COO | 5 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $110,546 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,435 |
| Capital Gain Net Income | $139,435 |
| Net ST Capital Gain | $159,237 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,675 |
| Total Revenue | $248,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,077 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $145,815 |
| Total operating and administrative expenses | $182,162 |
| Contributions, gifts, grants paid | $116,000 |
| Total expenses and disbursements | $298,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,868 |
| Savings and temporary cash investments | $419,842 |
| 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 | $5,321 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,617,176 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $76,784 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,784 |
Grants Awarded
Over the last fiscal year, Chun & Jane Chiu Family Foundation has awarded $116,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WOODROW WILSON INTL CENTER FOR SCHOLARS PURPOSE: SUPPORTING THE RESEARCH OF HISTORY AND PUBLIC POLICY PROGRAM ABOUT TAIWAN | $75,000 |
TAITA-SV PURPOSE: CONTRIBUTION TO PROMOTE THE COLLABORATING OF SILICON VALLEY AND TAIWAN IN TECHNOLOGY | $20,000 |
SILICON VALLEY CANAAN EVERGREEN ACADEMY PURPOSE: SUPPORTING THE STUDENTS IN ACADEMY PROGRAMS ABOUT THE GREAT NATION AND TO IMPROVE QUALITY OF LIFE | $3,000 |
TAIWANESE AMERICAN CENTER OF N AMERICA PURPOSE: TO HELP FACILITATE THE ADAPTATION INTO AMERICAN CULTURE BY THE TAIWANESE DIASPORA, TO CARRY ON THE LEGACY OF THE TAIWANESE MOTHER (HERITAGE) LANGUAGE, CONNECT YOUNG AND OLD GENERATIONS AND PROMOTE INTERGENERATIONAL TIES, AND PROVIDE EDUCATIONAL AND SERVICE PROGRAMS WHICH COMBINE TAIWANESE CULTURE WITH TOUCHES OF AMERICAN CULTURE. | $12,000 |
CANAAN TAIWANESE CHRISTIAN CHURCH PURPOSE: TO SHARE THE MESSAGE OF GOD'S LOVE WITH THE TAIWANESE COMMUNITY IN SILICON VALLEY AND BEYOND. | $1,000 |
TAIWANESE AMERICAN ORG PURPOSE: TO CONNECT AND PROMOTE THOSE WHO IDENTIFY WITH THE TAIWANESE IDENTITY, HERITAGE, OR CULTURE; ESTABLISHING NICHE WITHIN THE BROADER ASIAN PACIFIC AMERICAN AND MAINSTREAM COMMUNITIES, TO COLLECTIVELY CONTRIBUTE TO THE WONDERFUL AND DIVERSE MOSAIC THAT AMERICA REPRESENTS. | $2,000 |