The Pei Ling Charitable Trust is located in Huntsville, AL. The organization was established in 1989. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pei Ling Charitable Trust 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, Pei Ling Charitable Trust generated $211.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $244.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pei Ling Charitable Trust has awarded 32 individual grants totaling $454,421. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITABLE TRUST MAKES DISTRIBUTIONS TO UNIVERSITIES SCHOOLS AND OTHER ORGANIZATIONS WHICH ARE 501C3 ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David A Chan Cotrustee | 2 | $6,000 | |
Chia Hwa Chan Cotrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $13 |
Dividends & Interest | $211,780 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $5 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $211,793 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $6,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $8,961 |
Travel, conferences, and meetings | $170 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $15,131 |
Contributions, gifts, grants paid | $229,051 |
Total expenses and disbursements | $244,182 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $66,071 |
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 | $0 |
Other assets | $0 |
Total assets | $1,827,212 |
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 |
Over the last fiscal year, The Pei Ling Charitable Trust has awarded $229,051 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
SOAR FOUNDATION PURPOSE: ENDOWMENT | $110,000 |
Huntsville, AL PURPOSE: ENDOWMENT | $30,000 |
UNIV OF ALABAMA IN HUNTSVILLE PURPOSE: CONTRIBUTION | $22,021 |
HUNTSVILLE SENIOR CENTER PURPOSE: CONTRIBUTION | $10,000 |
HUDSON ALPHA INSTITUTE PURPOSE: NAMING AUDITORIUM | $10,000 |
HUNTSVILLE BOTANICAL GARDEN PURPOSE: CONTRIBUTION | $8,100 |
Organization Name | Assets | Revenue |
---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |