Ted Tai-Sen Lin Charitable Foundation
- Assets
- $6.0m
- Revenue
- $280.9k
- Investments
- $4.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 54-6456893
Organization Overview
Ted Tai-Sen Lin Charitable Foundation is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ted Tai-Sen Lin Charitable 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 12/2022, Ted Tai-Sen Lin Charitable Foundation generated $280.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $912.3k during the year ending 12/2022. While expenses have increased by 20.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ted Tai-Sen Lin Charitable Foundation has awarded 31 individual grants totaling $2,353,804. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOXI IS A CREATIVE STUDIO FOUNDED TO STUDY AND POPULARIZESOCIAL INNOVATION. WE WORK WITH A WIDE RANGE OF IDEAS,THEORIES, AND MODELS TO HELP ORGANIZATIONS BUILD PROGRAMSTHAT BALANCE BUSINESS OPPORTUNITY AND SOCIAL IMPACT. WETURN ABSTRACT SOCIAL INNOVATION CONCEPTS INTO TANGIBLEEXPERIENCES WITH HIGHLY SPECIFIC CULTURAL CONTEXTS TO CREATEVALUE AND EFFICIENCY FOR DIFFERENT STAKEHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Chang Managing Trustee | 20 | $32,000 | |
Suzanne Marwill Cohen Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Curious Catalyst Inc | 12/30/19 | $60,015 |
Goldman Sachs & Co Llc | 12/30/19 | $53,902 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,212 |
| Dividends & Interest | $30,388 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $246,723 |
| Capital Gain Net Income | $246,723 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,598 |
| Total Revenue | $280,921 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,000 |
| Other employee salaries and wages | $68,769 |
| Pension plans, employee benefits | $27,673 |
| Interest | $73 |
| Taxes | $15,968 |
| Depreciation | $1,836 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25,129 |
| Printing and publications | $0 |
| Other expenses | $20,541 |
| Total operating and administrative expenses | $404,884 |
| Contributions, gifts, grants paid | $507,371 |
| Total expenses and disbursements | $912,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,087 |
| Savings and temporary cash investments | $144,882 |
| Net Accounts receivable | $1,824 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $237,572 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,370,730 |
| Net Land, buildings, and equipment | $6,425 |
| Other assets | $1,460,536 |
| Total assets | $6,041,602 |
| Accounts payable and accrued expenses | $5,738 |
| 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 | $5,738 |
Grants Awarded
Over the last fiscal year, Ted Tai-Sen Lin Charitable Foundation has awarded $507,371 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BURKINA FASO GIRLS EDUCATION FUND PURPOSE: GENERAL SUPPORT | $700 |
FRIENDS OF THE HIGHLINE PURPOSE: GENERAL SUPPORT | $225 |
METROPOLITAN MUSEUM OF ART PURPOSE: GENERAL SUPPORT | $210 |
GUILD OF FUTURE ARCHITECTS FOUNDATION (GOFA) PURPOSE: GENERAL SUPPORT | $304,000 |
MUSEUM OF MODERN ART PURPOSE: GENERAL SUPPORT | $110 |
NYU TISCH SCHOOL OF THE ARTS PURPOSE: GENERAL SUPPORT | $201,000 |