J & H Foundation
- Assets
- $5.6m
- Revenue
- $765.3k
- Investments
- $5.1m
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-4151901
Organization Overview
J & H Foundation is located in Cupertino, 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. J & H 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, J & H Foundation generated $765.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $76.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 J&H FOUNDATION ANNUAL REPORTIN THE FISCAL YEAR 2023, THE J&H FOUNDATION UNDERTOOK A COMPREHENSIVE RANGE OF INITIATIVES DESIGNED TO BENEFIT OUR LOCAL COMMUNITIES. THESE EFFORTS SPANNED FOUR CORE AREAS, EACH AIMED AT ENHANCING THE WELL-BEING OF THE GENERAL PUBLIC:1. 2023 CULTURE EVENTSA. 2023 CHINESE LUNAR NEW YEAR FESTIVALB. "TRADITIONAL CHINESE CHARACTER GARDEN" PARTYSEE GENERAL EXPLANATION
2. FOUR CONCERTSA. "SHAO'S FATHER-AND-DAUGHTER" CONCERTB. "FOUNTAIN OF THE YOUTH" CONCERTC. "OLIVE TREE IN DREAM" CONCERTD. "FOREVER PROMISE TOASTMASTERS AND CONCERTSEE GENERAL EXPLANATION
3. TWO CLASSESA. CHINESE BRUSH PAINTING CLASSESB. SHAO'S POP VOCAL TRAINING CLASSESSEE GENERAL EXPLANATION
4. 2023 JHF CHOIR 2.0 FORMALLY REORGANIZEDAFTER A SUCCESSFUL JHF CHOIR 1.0 IN 2022, WE BEGIN TO REGROUP WITH ONE MUSIC DIRECTOR, TWO CONDUCTORS AND TWO PIANISTS WITH 40 CHOIR MEMBERS PLUS 40 KIDS MEMBERS. INCLUDING SOPRANO, ALTO, TENOR AND BASS OF 4 SECTIONS WITH LEADER IN EACH GROUP. WE ARE PREPARED AUDIO PIANO RECORDING FOR EACH SECTIONS FOR SONG PRACTICE DEMO INCLUDING TAIWANESE, ENGLISH, MANDARIN AND HAKKA MUSIC WITH PRONUNCIATION DEMO. OUR CONCERT TOPIC WILL BE "ON WINGS OF SONG", FANTASY FROM SCENES OF NATURE. WE HAD CHOOSING SONGS AND PURCHASE MUSIC SCORE. WE ALSO PLANNED ADULTS GROUP AND KIDS GROUP SING TOGETHER TO MAKING THE CONCERT MORE UNIQUE AND INTERESTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peichen Hsu CEO | 20 | $0 | |
Yingtzu Jang Secretary | 25 | $0 | |
Jacqueline Chao CFO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $502,110 |
| Interest on Savings | $232 |
| Dividends & Interest | $253,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $506 |
| Capital Gain Net Income | $506 |
| Net ST Capital Gain | $4 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,786 |
| Total Revenue | $765,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,228 |
| Total operating and administrative expenses | $76,136 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $76,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,184 |
| Savings and temporary cash investments | $303,069 |
| 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 | $5,648,317 |
| Accounts payable and accrued expenses | $6,917 |
| 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 | $6,917 |
Grants Awarded
Over the last fiscal year, J & H Foundation has awarded $1,120 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHINESE CHRISTIAN HERALD CRUSADES PURPOSE: DONATION | $100 |
CHUNG TAI ZEN CENTER OF SUNNYVALE PURPOSE: DONATION | $1,000 |
POPS FOUNDATION PURPOSE: DONATION | $20 |