Pacific Charitable Foundation
- Assets
- $164.1k
- Revenue
- $25.9k
- Investments
- $154.7k
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 33-0451216
Organization Overview
Pacific Charitable Foundation is located in San Diego, CA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Charitable 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 12/2021, Pacific Charitable Foundation generated $25.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $5.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARE AND DISTRIBUTE A MONTHLY BIBLE READING SCHEDULE IN COOPERATION WITH THE CHINESE COMMUNITY CHURCH IN SAN DIEGO, CALIFORNIA.
PROVIDE BIBLICAL FINANCIAL STEWARDSIP GUIDANCE TO INDIVIDUALS, CHURCHES AND CHARITABLE ORGANIZATIONS.
REVIEW AND SELECTION OF QUALIFYING CHARITIES AND MINISTRIES FOR DISTRIBUTION OF FINANCIAL SUPPORT.
SUMMER BIBLE READING CHALLENGE FOR YOUTH AT CHINESE COMMUNITY CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton Low President | 1 | $0 | |
Jerry Lee Director | 0.5 | $0 | |
Lynn Low Secretary | 0.5 | $0 | |
Sheryl Sherman Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,501 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,429 |
| Capital Gain Net Income | $22,429 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $206 |
| Contributions, gifts, grants paid | $5,150 |
| Total expenses and disbursements | $5,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,322 |
| 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 | $164,050 |
| 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, Pacific Charitable Foundation has awarded $5,150 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
PALOMAR CHRISTIAN CONFERENCE CENTER PURPOSE: GENERAL SUPPORT | $800 |
San Diego, CA PURPOSE: GENERAL SUPPORT | $500 |
THE USO PURPOSE: GENERAL SUPPORT | $300 |
Durham, NC PURPOSE: GENERAL SUPPORT | $300 |
FATHER JOE'S VILLAGE PURPOSE: GENERAL SUPPORT | $250 |
San Rafael, CA PURPOSE: GENERAL SUPPORT | $250 |
Endowment Analysis
| Beg. Balance | $69,188 |
| Earnings | $7,724 |
| Other Expense | $89 |
| Grants | $5,000 |
| Ending Balance | $71,823 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nami San Diego San Diego, CA | $2,950,876 | $10,039,282 |
Sunrise Childrens Foundation Las Vegas, NV | $7,660,611 | $10,104,124 |
Tikvah-Etta & Lazear Israel Center For The Developmentally Disabled North Hollywood, CA | $7,410,963 | $10,386,812 |
Antfarm Inc Sandy, OR | $2,638,005 | $9,881,000 |
Clark County Public Education Foundation Inc Las Vegas, NV | $20,645,889 | $7,373,983 |
Western Eagle Foundation Inc Temecula, CA | $3,740,738 | $8,870,366 |
Pro-Youth Visalia, CA | $5,841,467 | $9,422,917 |
Commonwealth Club Of California San Francisco, CA | $34,005,907 | $9,226,534 |
A Place Called Home Los Angeles, CA | $19,612,188 | $8,269,414 |
Larry And Jeanette Epping Family Foundation Salem, OR | $179,042,811 | $13,717,983 |
Portland Community Reinvestment Initiatives Inc Portland, OR | $37,093,919 | $7,550,357 |
Knotts Family Agency Redlands, CA | $3,274,323 | $9,472,544 |