Po Foundation
- Assets
- $3.0m
- Revenue
- $203.5k
- Investments
- $2.8m
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-2144235
Organization Overview
Po Foundation is located in Torrance, 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. Po 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 12/2023, Po Foundation generated $203.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $178.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Po Foundation has awarded 123 individual grants totaling $614,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING VARIOUS PUBLIC CHARITIES AND OTHER CHARITABLE CAUSES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $79,423 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,054 |
| Capital Gain Net Income | $4,054 |
| Net ST Capital Gain | $455 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,477 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $189 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,547 |
| Contributions, gifts, grants paid | $162,000 |
| Total expenses and disbursements | $178,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,120 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,995,431 |
| 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, Po Foundation has awarded $162,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY TRINTY SCHOOL PURPOSE: HOLY TRINITY PROVIDES AN EDUCATIONAL EXPERIENCE | $15,000 |
QUINNS KIDS PURPOSE: PROVIDES MULTI-YEAR CAMPERSHIPS FOR BAY AREA YOUTH | $5,000 |
EL CAMINO COLLEGE PURPOSE: SUPPORT STUDENTS SUCCESS IN EDUCATION AND LIFE | $10,000 |
CATHOLIC MEDICAL MISSION PURPOSE: DELIVER HEALTH SOLUTIONS TO WOMEN AND CHILDREN | $5,000 |
SMILE TRAIN PURPOSE: TRAINING LOCAL DOCTORS TO PERFORM CLEFT REPAIRS | $5,000 |
BUDIST TZU CHI FOUNDATION PURPOSE: TO RELIEVE THE SUFFERING OF THOSE IN NEED | $10,000 |