Kwan Charitable Foundation
- Assets
- $29.3k
- Revenue
- $2.0k
- Investments
- $27.6k
- Employees
- 0
- Location
- Irving, TX
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 75-2703398
Organization Overview
Kwan Charitable Foundation is located in Irving, TX. The organization was established in 1997. 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. Kwan 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 12/2023, Kwan Charitable Foundation generated $2.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.4k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 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.
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 |
|---|---|---|---|
William Lg Kwan President | 1 | $0 | |
Juliet Kwan Sec/treasurer | 1 | $0 | |
Wilson James Kwan Director | 1 | $0 | |
Jason William Kwan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $2,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $703 |
| Contributions, gifts, grants paid | $3,701 |
| Total expenses and disbursements | $4,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,724 |
| 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 | $29,306 |
| 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 | $28 |
| Total liabilities | $28 |
Grants Awarded
Over the last fiscal year, Kwan Charitable Foundation has awarded $3,701 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: NON-RESTRICTED | $500 |
ALOHA UNITED WAY PURPOSE: NON-RESTRICTED | $500 |
THE ANNUAL FUND FOR TCU PURPOSE: NON-RESTRICTED | $200 |
FORT WORTH COUNTRY DAY SCHOOL PURPOSE: NON-RESTRICTED | $200 |
STANFORD UNIVERSITY PURPOSE: NON-RESTRICTED | $250 |
MCGILL UNIVERSITY PURPOSE: NON-RESTRICTED | $501 |