Dr Rene & Daisy Lim Foundation
- Assets
- $547.8k
- Revenue
- $76.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bell Canyon, CA
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-3089622
Organization Overview
Dr Rene & Daisy Lim Foundation is located in Bell Canyon, CA. The organization was established in 2012. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Dr Rene & Daisy Lim 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, Dr Rene & Daisy Lim Foundation generated $76.4k 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 (9.2%) each year. All expenses for the organization totaled $129.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr Rene & Daisy Lim Foundation has awarded 52 individual grants totaling $249,792. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rene A Lim MD President | 12 | $0 | |
Daisy G Lim Secretary | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,305 |
| Net Rental Income | $0 |
| 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 | $76,405 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,604 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134 |
| Total operating and administrative expenses | $4,528 |
| Contributions, gifts, grants paid | $125,364 |
| Total expenses and disbursements | $129,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,695 |
| 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 | $479,087 |
| Total assets | $547,782 |
| 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, Dr Rene & Daisy Lim Foundation has awarded $125,364 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
USTMAAA FOUNDATION PURPOSE: EDUCATION | $100,000 |
UNIVERSITY OF SAN AGUSTIN PURPOSE: EDUCATION | $17,564 |
SYLVIA JUAREZ PURPOSE: DONATION | $5,000 |
USA HIGH SCHOOL CLASS OF 1974 INC PURPOSE: EDUCATION | $1,500 |
SILVIA JUAREZ MA PURPOSE: DONATION | $1,200 |
CHRISTOPHER M TOMINES PURPOSE: EDUCATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |