The Pei Ling Charitable Trust
- Assets
- $2.5m
- Revenue
- $213.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 06/1989
- Data as of
- 12/2023
- EIN
- 57-0887822
Organization Overview
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 12/2023, Pei Ling Charitable Trust generated $213.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $332.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pei Ling Charitable Trust has awarded 59 individual grants totaling $1,031,901. 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
2023
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
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chia Hwa Chan Cotrustee | 0 | $0 | |
David A Chan Cotrustee | 2 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,549 |
| Dividends & Interest | $210,503 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $13,272 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,056 |
| Total Revenue | $213,108 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $10,731 |
| Interest | $0 |
| Taxes | $219 |
| Depreciation | $0 |
| Occupancy | $8,925 |
| Travel, conferences, and meetings | $1,134 |
| Printing and publications | $350 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,359 |
| Contributions, gifts, grants paid | $305,300 |
| Total expenses and disbursements | $332,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $624,738 |
| 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 | $2,528,093 |
| 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 |
Grants Awarded
Over the last fiscal year, The Pei Ling Charitable Trust has awarded $305,300 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS HUNTSVILLE PURPOSE: MULTIPLE | $8,300 |
HUDSON ALPHA INSTITUTE PURPOSE: GREENHOUSE PROJECT | $150,000 |
HUNTSVILLE CHAMBER MUSIC GUILD PURPOSE: MULTIPLE | $11,000 |
HUNTSVILLE BOTANICAL GARDEN PURPOSE: SPONSORSHIP | $5,000 |
FRIENDS OF HUNTSVILLE PARKS & RECREATION PURPOSE: SPONSORSHIP | $1,000 |
HUNTSVILLE MASTER CHORALE PURPOSE: MULTIPLE | $19,000 |