Liferay Foundation is located in Diamond Bar, CA. The organization was established in 2009. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, 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. Liferay 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 12/2023, Liferay Foundation generated $183.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $381.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Liferay Foundation has awarded 649 individual grants totaling $8,396,685. 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 FOUNDATION WAS CREATED TO SUPPORT CHRISTIAN EVANGELISM, WORLD RELIEF, EDUCATION, SOCIAL WELFARE AND OTHER CHARITABLE PURPOSES. DURING 2022, THE FOUNDATION DONATED TO OVER 84 DIFFERENT NOT-FOR-PROFIT ORGANIZATIONS TO SUPPORT THEIR EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles May Director Of Operations | 1 | $0 | |
Dennis Ju Executive Director | 1 | $0 | |
Brian Chan Board Member | 0.25 | $0 | |
Bryan Cheung Board Member | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $10,377 |
Dividends & Interest | $29,866 |
Net Rental Income | $13,357 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $183,274 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $3,863 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $33,523 |
Depreciation | $62,364 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $36,651 |
Total operating and administrative expenses | $147,271 |
Contributions, gifts, grants paid | $234,675 |
Total expenses and disbursements | $381,946 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,505 |
Savings and temporary cash investments | $403,350 |
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 | $2,208,340 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,167,844 |
Total assets | $3,904,039 |
Accounts payable and accrued expenses | $7,321 |
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 | $360 |
Total liabilities | $7,681 |
Over the last fiscal year, Liferay Foundation has awarded $234,675 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
FRIENDS OF ADVENTURE IN MISSIONS PURPOSE: POOR EMPOWERMENT | $30,500 |
ASIAN ACCESS PURPOSE: VOCATIONAL TRAINING | $10,000 |
GOOD SHEPHERD WORLD EVANGELISM PURPOSE: CHILD DEVELOPMENT | $36,000 |
ONE COLLECTIVE (FORMERLY INTL TEAMS) PURPOSE: EVANGELISM | $600 |
TEAM EXPANSION PURPOSE: EVANGELISM | $5,000 |
TRAINING LEADERS INTERNATIONAL PURPOSE: CHRISTIAN EDUCATION | $10,000 |