Ji Peng And Yan Huizhong Family Foundation
- Assets
- $516.4k
- Revenue
- $92.5k
- Investments
- $429.3k
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- 12/2014
- Data as of
- 10/2022
- EIN
- 46-4247287
Organization Overview
Ji Peng And Yan Huizhong Family Foundation is located in Saratoga, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Ji Peng And Yan Huizhong 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 10/2022, Ji Peng And Yan Huizhong Family Foundation generated $92.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $31.2k during the year ending 10/2022. While expenses have increased by 4.2% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUED TO WORK WITH LOCAL CHURCHES AND CHARITIES TO PROMOTE MENTAL HEALTH, RAISE AWARENESS AND REMOVE STIGMA SURROUNDING PSYCHIATRIC DISORDERS. THE FOUNDATION COLLABORATED WITH OTHER INSTITUTIONS TO PROVIDE SEMINARS AND PRESENTATIONS. IN MARCH 2021, STANFORD PROFESSOR ROBERT SAPOLSKY, GAVE A WEBINAR, STRESS AND MENTAL HEALTH ON ZOOM. PROFESSOR SAPOLSKY EXPLAINED THE EFFECTS OF STRESS AND STRESS HORMONES ON BRAIN FUNCTION. IN MAY 2021, UCLA PROFESSOR ROBERT BILDER GAVE AN WEBINAR, POSITIVE NEUROPSYCHOLOGY: A DIMENSIONAL APPROACH TO WELL BEING ON ZOOM. IN HIS PRESENTATION, PROFESSOR BILDER EXPLAINED HOW WE CAN USE STRATEGIES OF POSITIVE PSYCHOLOGY TO ENHANCE WELL-BEING AND INCREASE RESILIENCE TO STRESS.
THE FOUNDATION CONTINUES ITS COLLABORATION WITH SINNOV ON PROJECT FROM COLLEGE TO STARTUP. THE PROJECT AIMS TO CONNECT EUROPEAN COLLEGE GRADUATES WITH BUSINESSES AND NON-PROFIT INSTITUTIONS IN THE SAN FRANCISCO BAY AREA. BY PROVIDING INTERNSHIPS, SEMINARS, AND ONLINE WORKSHOPS TO STUDENTS, THE PROJECT HELPS STUDENTS TO ENRICH THEIR BOOK KNOWLEDGE WITH REAL BUSINESS EXPERIENCE AND PROMOTES SILICON VALLEY ENTREPRENEURIAL CULTURE. IT ALSO HELPS STUDENTS TO GAIN EXPERIENCE OF SOLVING REAL WORLD BUSINESS PROBLEMS AND CHALLENGES. IN 2022, THE PROJECT SPONSORED ONLINE WORKSHOPS THAT COVERS VARIOUS BUSINESS CASE STUDIES RANGING FROM BUSINESS SETUP, ACCOUNTING AND BUDGETING TO BUSINESS VALUATION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,388 |
| Interest on Savings | $0 |
| Dividends & Interest | $493 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,619 |
| Capital Gain Net Income | $32,619 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,034 |
| Depreciation | $1,734 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,505 |
| Total operating and administrative expenses | $31,219 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $31,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,998 |
| 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 | $66,098 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,000 |
| Total assets | $516,365 |
| Accounts payable and accrued expenses | $2,850 |
| 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 | $2,850 |