Miao Family Foundation
- Assets
- $1.9m
- Revenue
- $26.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- 04/2012
- Data as of
- 08/2023
- EIN
- 45-3517667
Organization Overview
Miao Family Foundation is located in Saratoga, CA. The organization was established in 2012. 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. Miao 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 08/2023, Miao Family Foundation generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $255.9k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Miao Family Foundation has awarded 22 individual grants totaling $317,267. 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.
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 |
|---|---|---|---|
Jiangbo Miao CEO | 2 | $0 | |
Nan Zhao CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $226 |
| Dividends & Interest | $13,191 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,550 |
| Capital Gain Net Income | $12,550 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,059 |
| Total operating and administrative expenses | $5,867 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $255,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $306,367 |
| 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 | $1,862,337 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Miao Family Foundation has awarded $125,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARNEGIE MELLON UNIVERSITY PURPOSE: EDUCATION | $120,000 |
THE HARKER SCHOOL PURPOSE: EDUCATION | $5,000 |