Dong Foundation
- Assets
- $157.4k
- Revenue
- $6.4k
- Investments
- $89.4k
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 04/2012
- Data as of
- 09/2021
- EIN
- 45-3724803
Organization Overview
Dong Foundation is located in Los Altos, CA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Dong 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 09/2021, Dong Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $4.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (27.3%) per year over the past 5 years. 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
THIS YEAR IS A TOUGH YEAR FOR EVERYONE WITH PANDEMIC SPREADOUT OVER THE WHOLE WORLD. THOSE PEOPLE IN NEED ARE IN WORSESITUATIONS, AND WORLD WIDE MEDICAL WORKERS ARE FACING MORECHALLENGES WITH SO MANY PEOPLE SICK IN PANDEMIC. THE DONGFOUNDATION HAS CONTINUED ITS COOPERATION WITH SOAR EDUCATIONFOUNDATION IN SUPPORTING STUDENTS IN NEED IN RURAL CHINA,ALSO PARTICIPATED IN PPE SUPPORTING WUHAN AND LOCAL MEDICALAND FRONTLINE WORKERS. THE MEMBERS OF DONG FOUNDATIONACTIVELY PARTICIPATED IN EVENTS ORGANIZING PPE DONATION ANDDELIVERY TO LOCAL HOSPITALS, POLICE DEPARTMENTS AND OTHERFRONT LINE WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xu Dong CEO | 1 | $0 | |
Yang Zhang Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,374 |
| Dividends & Interest | $0 |
| 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 | $6,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $91 |
| Depreciation | $820 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,471 |
| Contributions, gifts, grants paid | $1,650 |
| Total expenses and disbursements | $4,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,960 |
| Savings and temporary cash investments | $37,475 |
| 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 | $6,544 |
| 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 | $45 |
| Other assets | $0 |
| Total assets | $157,424 |
| 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 | $26 |
| Total liabilities | $26 |
Grants Awarded
Over the last fiscal year, Dong Foundation has awarded $1,650 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
fremont, CA PURPOSE: DONATION | $1,400 |
Fremont, CA PURPOSE: DONATION | $250 |
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