Alice Wan-Tsen Hsu Foundation is located in Foster City, CA. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Alice Wan-Tsen Hsu 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 04/2023, Alice Wan-Tsen Hsu Foundation generated $49.0 in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $72.0k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS MADE TO THE HOME OF CHRIST CHURCH IN MENLO PARK,71 BAY ROAD,MENLO PARK,CA,94025 TO SUPPORT CHRISTIAN MINISTRY AND CHARITABLE WORK.
CONTRIBUTION MADE TO LIGHT OF MORNING STAR, 800 E. CHARLESTON RD., #17, PALO ALTO, CA 94303 TO SUPPORT CHRISTIAN MINISTRY AND CHARITABLE WORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laurence Fong Secretary | 2 | $0 | |
William Fung President | 4 | $0 | |
Hsieh-Ho Chu Vise-President | 1 | $0 | |
Mingshing Chiu Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $49 |
Dividends & Interest | $0 |
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 | $49 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $243 |
Total operating and administrative expenses | $22,042 |
Contributions, gifts, grants paid | $50,000 |
Total expenses and disbursements | $72,042 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
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, Alice Wan-Tsen Hsu Foundation has awarded $50,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NEW HOPE CHINESE CANCER CARE FOUNDATION PURPOSE: TO SUPPORT CHINESE CANCER PATIENTS AND FAMILIES. | $10,000 |
HEART OF HOPE ASIAN AMERICAN HOSPICE CARE PURPOSE: TO SUPPORT THE ORG TO CARE AND SERVE END-OF-LIFE PATIENTS AND THEIR FAMILY MEMBERS AND TO PROVIDE COMMUNITY OUTREACH | $40,000 |