Kung Guerra Foundation
- Assets
- $18.0m
- Revenue
- $3.4m
- Investments
- $17.6m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-2072111
Organization Overview
Kung Guerra Foundation is located in Los Altos, CA. The organization was established in 2015. 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. Kung Guerra 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 12/2021, Kung Guerra Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 6 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.
Since 2015, Kung Guerra Foundation has awarded 53 individual grants totaling $6,420,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Kung President | 10 | $0 | |
Lisa Guerra Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,014,625 |
| Interest on Savings | $103 |
| Dividends & Interest | $167,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,177,912 |
| Capital Gain Net Income | $1,298,129 |
| Net ST Capital Gain | $378,222 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,359,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,770 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,124 |
| Total operating and administrative expenses | $116,378 |
| Contributions, gifts, grants paid | $1,440,000 |
| Total expenses and disbursements | $1,556,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $393,532 |
| 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 | $31,967 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,100,677 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,024,098 |
| 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 |
Grants Awarded
Over the last fiscal year, Kung Guerra Foundation has awarded $1,440,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
UC BERKELEY FOUNDATION PURPOSE: BERKELEY ENGINEERING FUND FOR EQUITY AND INCLUSION, NEW EXPERIENCES FOR RESEARCH AND DIVERSITY IN SCIENCE FUND | $340,000 |
Mountain View, CA PURPOSE: GENERAL OPERATING SUPPORT - EDUCATION | $300,000 |
UF FOUNDATION INC PURPOSE: ECE FUND (ELECTRICAL AND COMPUTER ENGINEERING) AND CISE FUND (COMPUTER & INFORMATION SCIENCE AND ENGINEERING), STEPUP AND COMMUNITY COLLEGE TRANSITION PROGRAM | $200,000 |
New York, NY PURPOSE: CLIMATE AND ENERGY PROGRAM, NORTH AMERICAN CLIMATE EFFORTS | $175,000 |
LEARNING EQUALITY PURPOSE: GENERAL OPERATING SUPPORT - EDUCATION | $150,000 |
MERCY CORPS PURPOSE: SOCIAL VENTURE FUND | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |