Jhgm Foundation
- Assets
- $517.9k
- Revenue
- $39.9k
- Investments
- $441.0k
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/2016
- Data as of
- 11/2021
- EIN
- 47-2533778
Organization Overview
Jhgm Foundation is located in Menlo Park, CA. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Jhgm 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 11/2021, Jhgm Foundation generated $39.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $36.2k during the year ending 11/2021. 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 |
|---|---|---|---|
Yancheng Mei CFO | 10 | $0 | |
Jiang Hu President & CEO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $538 |
| Dividends & Interest | $22,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,397 |
| Capital Gain Net Income | $16,397 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $282 |
| Depreciation | $987 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,929 |
| Total operating and administrative expenses | $12,052 |
| Contributions, gifts, grants paid | $24,185 |
| Total expenses and disbursements | $36,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,319 |
| Savings and temporary cash investments | $29,039 |
| 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 | $9,009 |
| Other assets | $543 |
| Total assets | $517,917 |
| Accounts payable and accrued expenses | $23,311 |
| 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 | $23,311 |
Grants Awarded
Over the last fiscal year, Jhgm Foundation has awarded $24,185 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: DONATIONS | $9,000 |
CHINESE RAINBOW NETWORK (CRN) RAINBOW SCHOLARSHIP PURPOSE: DONATIONS | $5,000 |
LAS LOMITAS EDUCATION FOUNDATION PURPOSE: DONATIONS | $2,500 |
San Francisco, CA PURPOSE: DOANTIONS | $1,500 |
WIKIMEDIA FOUNDATION ORG PURPOSE: DONATIONS | $1,040 |
Los Angeles, CA PURPOSE: DONATIONS | $1,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |