Synos Foundation
- Assets
- $1.1m
- Revenue
- $120.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-3849495
Organization Overview
Synos Foundation is located in Los Altos Hills, CA. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Synos 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, Synos Foundation generated $120.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $37.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Synos Foundation has awarded 35 individual grants totaling $114,797. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sang In Lee CEO / Secret | 2 | $0 | |
Moonsuk Han CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,373 |
| Interest on Savings | $50 |
| Dividends & Interest | $12,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,496 |
| Capital Gain Net Income | $16 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $363 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,363 |
| Contributions, gifts, grants paid | $35,550 |
| Total expenses and disbursements | $37,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,275 |
| 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 | $1,138,881 |
| 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 | $368 |
| Total liabilities | $368 |
Grants Awarded
Over the last fiscal year, Synos Foundation has awarded $35,550 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOGANG UNIV PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
ST MICHAEL KOREAN CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
SACRED HEART SOUTHERN MISSIONS PURPOSE: CHARITABLE CONTRIBUTION | $150 |
HKMCC PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
THE MARIST BROTHERS PURPOSE: CHARITABLE CONTRIBUTION | $100 |
AUGUSTINIAL GUILD PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |