Ed And Susan Yang Foundation
- Assets
- $1.3m
- Revenue
- $82.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 04/2015
- Data as of
- 11/2023
- EIN
- 47-2521110
Organization Overview
Ed And Susan Yang Foundation is located in Cupertino, CA. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Ed And Susan Yang 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 11/2023, Ed And Susan Yang Foundation generated $82.9k 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 (11.1%) each year. All expenses for the organization totaled $43.5k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ed And Susan Yang Foundation has awarded 91 individual grants totaling $272,670. 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
MAKE DONATIONS TO VARIOUS NON-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward C Yang CEO | 5 | $0 | |
Emily Yang Secretary | 2 | $0 | |
Susan S Kiang CFO | 5 | $0 | |
Amelia Yang Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $64 |
| Dividends & Interest | $22,846 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115 |
| Total operating and administrative expenses | $1,490 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $43,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,330 |
| 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 | $1,275,747 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,302,077 |
| 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, Ed And Susan Yang Foundation has awarded $42,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DAILY HOPE MINISTRIES PURPOSE: RELIGIOUS TEACHING | $1,800 |
SHOTOKAN KARATE OF AMERICA PURPOSE: EDUCATIONAL | $1,500 |
KDFC PURPOSE: MUSICAL EDUCATIONAL | $1,200 |
UNIVERSITY OF THE NATIONS KONA PURPOSE: EDUCATIONAL | $6,000 |
SABAH CHINESE HIGH SCHOOL PURPOSE: EDUCATIONAL | $6,000 |
PURDUE RESEARCH FOUNDATION PURPOSE: EDUCATIONAL | $20,000 |