Chen & Jen Family Foundation
- Assets
- $9.9k
- Revenue
- $6.0k
- Investments
- $2.0k
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 07/2014
- Data as of
- 04/2022
- EIN
- 46-5689983
Organization Overview
Chen & Jen Family Foundation is located in Sunnyvale, CA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Chen & Jen 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 04/2022, Chen & Jen Family Foundation generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $3.5k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Chen President & CEO | 1 | $0 | |
Katharine J Jen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,496 |
| Capital Gain Net Income | $5,496 |
| Net ST Capital Gain | $5,496 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6 |
| Depreciation | $890 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,071 |
| Total operating and administrative expenses | $3,535 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,791 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,952 |
| Net Land, buildings, and equipment | $1,158 |
| Other assets | $0 |
| Total assets | $9,901 |
| 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 | $293 |
| Total liabilities | $293 |
Grants Awarded
Over the last fiscal year, Chen & Jen Family Foundation has awarded $8,161 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT EXCHANGE COVENANT CHURCH PURPOSE: TO BE AN AUTHENTIC, LOVING AND VIBRANT CHURCH COMMUNITY THAT PARTNERS WITH GOD IN TRANSFORMING PEOPLE OF ALL CULTURAL BACKGROUNDS AND PERSONAL CIRCUMSTANCES INTO COMMITTED FOLLOWERS OF JESUS CHRIST, WHO SERVE LOCALLY AND GLOBALLY. | $5,000 |
SECOND HARVEST OF SILICON HARVEST PURPOSE: TO LEAD OUR COMMUNITY TO ENSURE THAT ANYONE WHO NEEDS A HEALTHY MEAL CAN GET ONE. OUR VOLUNTEERS, DONORS AND SUPPORTERS HELP US PROVIDE FOOD TO FAMILIES, MULTI-GENERATIONAL HOUSEHOLDS, SENIORS AND COLLEGE STUDENTS. | $1,000 |
San Jose, CA PURPOSE: TO STREGNTHEN OUR COMMUNITY BY IMPROVING THE QUALITY OF LIFE AND INSIRING INDIVIDUALS AND FAMILIES TO DEVELOP THEIR FULLEST POTENTIAL IN SPIRIT, MIND AND BODY. | $977 |
San Jose, CA PURPOSE: TO STREGNTHEN OUR COMMUNITY BY IMPROVING THE QUALITY OF LIFE AND INSIRING INDIVIDUALS AND FAMILIES TO DEVELOP THEIR FULLEST POTENTIAL IN SPIRIT, MIND AND BODY. | $977 |
GOFUNDME PURPOSE: TO STREGNTHEN OUR COMMUNITY BY IMPROVING THE QUALITY OF LIFE AND INSIRING INDIVIDUALS AND FAMILIES TO DEVELOP THEIR FULLEST POTENTIAL IN SPIRIT, MIND AND BODY. | $59 |
GOFUNDME PURPOSE: TO HELP A PERSON, FIX A NEIGHBORHOOD, OR EVEN CHANGE A NATION. AT GOFUNDME, WE BELIEVE YOUR INSPIRATION SHOULD BE SHARED WITH EVERYONE. BECAUSE THAT IS HOW CHANGE HAPPENS | $59 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |
Inland Empire United Way Rancho Cucamonga, CA | $4,505,450 | $6,854,320 |
Partners In School Innovation San Francisco, CA | $2,518,159 | $5,628,468 |
Hana Health Hana, HI | $10,875,006 | $7,205,224 |