Dca Chen Private Foundation

Organization Overview

Dca Chen Private Foundation is located in Monterey Park, CA. The organization was established in 2015. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dca Chen Private 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, Dca Chen Private Foundation generated $642.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.0% each year . All expenses for the organization totaled $113.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Dca Chen Private Foundation has awarded 31 individual grants totaling $179,100. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, EDUCATIONAL AND PUBLIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SPECIFIC PURPOSE OF THIS CORPORATION SHALL BE TO (I) RECEIVE, ACQUIRE, HOLD, MANAGE, ADMINISTER AND EXPEND PROPERTY AND FUNDS IN FURTHERANCE OF THE AFORESAID PURPOSES, AS THE BOARD OF DIRECTORS OF THIS CORPORATION SHALL FROM TIME TO TIME DETERMINE (II) ASSIST AND SUPPORT, WITHIN THE DISCRETION OF THE BOARD OF DIRECTORS, INSTITUTIONS, ORGANIZATIONS, ASSOCIATIONS, TRUSTS, GOVERNMENTAL ENTITIES AND UNDERTAKINGS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, (III) ENGAGE IN, CARRY ON, AND CONDUCT CHARITABLE, EDUCATIONAL, CULTURAL, MEDICAL AND HUMANE PROGRAMS AND SERVICES, INCLUDIN, WITHOUT LIMITATION, PROVISION OF MEDICAL RELATED ASSISTANCE TO THE PUBLIC, AND (IV) DELIVER AND HOLD LECTURES, EXHIBITIONS, PUBLIC MEETINGS AND CONFERENCES, CALCULATED DIRECTLY OR INDIRECTLY TO ADVANCE THE CAUSE OF HEALTH IMPR


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $118,350
Interest on Savings $14,566
Dividends & Interest $34,632
Net Rental Income$0
Net Gain on Sale of Assets $445,491
Capital Gain Net Income $445,491
Net ST Capital Gain $69,413
Income Modifications $0
Profit on Inventory Sales $0
Other Income $29,303
Total Revenue $642,342

Grants Awarded

Over the last fiscal year, Dca Chen Private Foundation has awarded $80,500 in support to 7 organizations.

Grant RecipientAmount

HUNTINGTON MEDICAL RESEARCH INSTITUES

Org PageRecipient Profile

Pasadena, CA

PURPOSE: CHARITABLE PURPOSE

$20,000

Duarte, CA

PURPOSE: CHARITABLE PURPOSE

$20,000

CSC ALHAMBRA MEDICAL CLINIC

PURPOSE: CHARITABLE PURPOSE

$15,000

TAIWAN CENTER FOUNDATION OF GREATER LA

Org PageRecipient Profile

Rosemead, CA

PURPOSE: CHARITABLE PURPOSE

$15,000

YOU LEAD FOUNDATION

Org PageRecipient Profile

Arcadia, CA

PURPOSE: CHARITABLE PURPOSE

$5,000

CHINESE CHRISTIANITY NETWORK TV

PURPOSE: CHARITABLE PURPOSE

$5,000
View Grant Profile

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