Wonghe Yellow River Foundation Inc
- Assets
- $0.0
- Revenue
- $54.7k
- Investments
- $297.5k
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2015
- Data as of
- 12/2020
- EIN
- 47-4279373
Organization Overview
Wonghe Yellow River Foundation Inc is located in New York, NY. 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. Wonghe Yellow River Foundation Inc 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 12/2020, Wonghe Yellow River Foundation Inc generated $54.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $72.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wonghe Yellow River Foundation Inc has awarded 50 individual grants totaling $105,927. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE MUSEUM EXCHANGES BETWEEN CHINA AND THE UNITED STATES THROUGH EXHIBITIONS SUCH THAT CITIZENS OF BOTH NATIONS CAN HAVE A BETTER UNDERSTANDING OF THE PEOPLE, HISTORY, CULTURE AND LIVES OF THE TWO NATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen W Wong Resigned July 2021 Director | 0 | $0 | |
Lap J Wong Executive Director | 1 | $0 | |
Augustinus Y Wong Director | 0 | $0 | |
Andrea M Wong Resigned July 2021 Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,000 |
| Interest on Savings | $17 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,721 |
| Total Revenue | $54,738 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $14,880 |
| Contributions, gifts, grants paid | $57,927 |
| Total expenses and disbursements | $72,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,920 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wonghe Yellow River Foundation Inc has awarded $29,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WE THRIVE TOGETHER PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $19,000 |
New York, NY PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $4,000 |
Venice, CA PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $3,000 |
New York, NY PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $500 |
Chicago, IL PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $500 |
OCA-NJ CHAPTER PURPOSE: TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
Rita Allen Foundation Princeton, NJ | $219,012,203 | $23,878,841 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |