Wangs And Yimin Family Foundation

Organization Overview

Wangs And Yimin Family Foundation is located in Palo Alto, CA. The organization was established in 2015. 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. Wangs And Yimin 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 11/2021, Wangs And Yimin Family Foundation generated $27.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $7.8k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDATION PROVIDED TRANSPORTATION SERVICES TO SENIORS WHO ARE OVER SEVENTY-YEAR-OLD AND UNDERPRIVILEDGED PERSON. THE SERVICE IS LIMITED TO ASSISTING THEM TO SEE DOCTORS AND PURCHASE GROCERIES. EXPENSE SPENT FOR THIS PROGRAM: - AUTO EXPENSE: $1300- UTILITIES, PHONE, INTERNET AND HOA: $1200


PARTICIPATE PIE (PARTNERS IN EDUCATION) ACTIVITIES, HELP TO RAISE DONATION FOR SCHOOL DISTRICT. WORK WITH SCHOOL AND THE COMMUNITY TO PROVIDE STUDENTS AN ENHANCED EDUCATIONAL EXPERIENCE; SUPPORT AND ENRICHMENT OPPORTUNITIES THAT HELP EVERY CHILD RECEIVE A WELL-ROUNDED, FULFILLING EDUCATION. EXPENSE SPENT FOR THIS PROGRAM: - AUTO EXPENSE: $100- UTILITIES, PHONE, INTERNET AND HOA: $150


ORGANIZED AN EVENT TO DONATE FOOD, DRINKS AND DAILY SUPPLIES TO LOW INCOME FAMILIES AND SENIORS IN PALO ALTO. EXPENSE SPENT FOR THIS PROGRAM: - MASK AND FOOD: $530- AUTO EXPENSE: $124- UTILITIES, PHONE, INTERNET AND HOA: $150


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Board, Officers & Key Employees

Name (title)Compensation
Bing Wang
CEO
$0
Jenny Yimin Lin
CFO
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $15,000
Interest on Savings $6
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $12,164
Capital Gain Net Income $12,164
Net ST Capital Gain $2,880
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $27,170

Grants Awarded

Over the last fiscal year, Wangs And Yimin Family Foundation has awarded $3,000 in support to 4 organizations.

Grant RecipientAmount

PALO ALTO PARTNERS IN EDUCATION

Org PageRecipient Profile

Palo Alto, CA

PURPOSE: DONATION

$1,200

PALO ALTO PARTNERS IN EDUCATION

Org PageRecipient Profile

Palo Alto, CA

PURPOSE: DONATION

$1,200

PTA CA CON JLS MIDDLE SCHOOL

PURPOSE: DONATION

$300

PTA CA CON JLS MIDDLE SCHOOL

PURPOSE: DONATION

$300
View Grant Profile

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