Everlasting Private Foundation
- Assets
- $8.1m
- Revenue
- $581.4k
- Investments
- $6.0m
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 77-0425562
Organization Overview
Everlasting Private Foundation is located in Cupertino, CA. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everlasting Private 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, Everlasting Private Foundation generated $581.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Everlasting Private Foundation has awarded 34 individual grants totaling $6,602,000. 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
CAMP PROGRAM - OPERATION OF CAMP THAT FOCUSES ON RELIGIOUS BIBLICAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie M H Chan President | 1 | $0 | |
Myong Shin Woo Cfo/secretary | 40 | $88,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $115 |
| Dividends & Interest | $282,070 |
| Net Rental Income | $50 |
| Net Gain on Sale of Assets | -$1,549 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $300,704 |
| Total Revenue | $581,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,000 |
| Other employee salaries and wages | $75,723 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84,794 |
| Depreciation | $41,518 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,981 |
| Total operating and administrative expenses | $395,020 |
| Contributions, gifts, grants paid | $1,046,000 |
| Total expenses and disbursements | $1,441,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $366,721 |
| 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 | $5,528,926 |
| Net Land, buildings, and equipment | $1,766,393 |
| Other assets | $0 |
| Total assets | $8,125,211 |
| 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, Everlasting Private Foundation has awarded $1,046,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
OHANA FOUNDATION FOR TECHNICAL DEVELOPMENT PURPOSE: GENERAL SUPPORT | $950,000 |
AMERICAN CONSERVATIVE UNION FOUNDATION PURPOSE: GENERAL SUPPORT | $40,000 |
FOUNDING PRESIDENT SYNGMAN RHEE SOCIETY PURPOSE: GENERAL SUPPORT | $31,000 |
AGAPE MANNA INC PURPOSE: GENERAL SUPPORT | $5,000 |
ETHNIC EDUCATION HAWAII PURPOSE: GENERAL SUPPORT | $5,000 |
KOREAN SPORTS ASSOCIATION OF HAWAII PURPOSE: GENERAL SUPPORT | $5,000 |