George And Helena Shen Foundation
- Assets
- $294.7k
- Revenue
- $61.5k
- Investments
- $228.5k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 45-2019336
Organization Overview
George And Helena Shen Foundation is located in Las Vegas, NV. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George And Helena Shen 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, George And Helena Shen Foundation generated $61.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $16.8k during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George C Shen President | 1 | $0 | |
Helena Shen Secretary | 1 | $0 | |
Elizabeth Su Treasurer | 1 | $0 | |
Jim Su Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,539 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $3,892 |
| Net ST Capital Gain | $251 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $101 |
| Other expenses | $0 |
| Total operating and administrative expenses | $326 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $16,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,197 |
| Savings and temporary cash investments | $0 |
| 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 | $294,708 |
| 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, George And Helena Shen Foundation has awarded $16,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FROM THE HEART FOUNDATIONS(NP ID95-4445418) PURPOSE: FUNDING FILMS THAT BENEFIT SOCIETY | $10,000 |
MOUNT OLIVE LUTHERAN CHURCH(NP ID95-2622285) PURPOSE: ENHANCE THE EDUCATIONAL WORK | $1,500 |
CALTECH (NP ID95-1463307) PURPOSE: CONTRIBUTE TO GRADUATE SCHOLARSHIP | $3,000 |
PROSTATE CANCER RESEARCH INSTITURE(NP ID95-4617875) PURPOSE: FUNDING PROSTATE CANCER RESEARCH | $1,000 |
SOAR FOUNDATION (NP ID 94-3225490) PURPOSE: SCHLARSHIP FOR IMPOVERISHED CHILDREN | $1,000 |