Reverend Geng Ming Shih Foundation Inc is located in Somers, NY. The organization was established in 2015. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reverend Geng Ming Shih Foundation Inc 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 12/2021, Reverend Geng Ming Shih Foundation Inc generated $963.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 73.9% each year . All expenses for the organization totaled $320.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Reverend Geng Ming Shih Foundation Inc has awarded 45 individual grants totaling $703,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grace Shih Secretary | 40 | $60,000 | |
Isaac Shih President | 20 | $15,000 | |
Joan Shih Vice-President/treasurer | 20 | $15,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $261 |
Dividends & Interest | $454,477 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $508,173 |
Capital Gain Net Income | $508,173 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $250 |
Total Revenue | $963,161 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $90,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $30,281 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $125,281 |
Contributions, gifts, grants paid | $195,000 |
Total expenses and disbursements | $320,281 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $126,402 |
Savings and temporary cash investments | $1,600,267 |
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 | $5,081,453 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $14,844,534 |
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 | $0 |
Total liabilities | $0 |
Over the last fiscal year, Reverend Geng Ming Shih Foundation Inc has awarded $195,000 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
Paradise, PA PURPOSE: GENERAL SUPPORT | $60,000 |
Flushing, NY PURPOSE: GENERAL SUPPORT | $20,000 |
CHINESE PROMISE BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | $20,000 |
Littleton, CO PURPOSE: GENERAL SUPPORT | $15,000 |
CONGREGATION OF CARMELITES OF MARY IMMACULATE (USA CMI) PURPOSE: GENERAL SUPPORT | $10,000 |
CHINA SOUL FOR CHRIST FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kolel Torah Inc Brooklyn, NY | $234,559 | $10,096,931 |
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |
Mosdos Rabbainu Nachum Meshadyk Brooklyn, NY | $3,226,330 | $4,187,685 |
Emet Veshalom Brooklyn, NY | $8,411 | $1,783,747 |
Daat Center Inc Brooklyn, NY | $444,170 | $1,892,675 |