Huiying Memorial Foundation
- Assets
- $11.6m
- Revenue
- $2.3m
- Investments
- $11.4m
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4050734
Organization Overview
Huiying Memorial Foundation is located in Potomac, MD. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Huiying Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Huiying Memorial Foundation has awarded 23 individual grants totaling $2,292,947. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION DONATED TO VARIOUS ORGANIZATIONS THAT WILL SUPPORT THE CHARITABLE PURPOSE OF MEDICAL AND SCIENTIFIC RESEARCH TO FIND CURES FOR DISIEASES WITH A PARTICULAR FOCUS ON CANCERS, ESPECIALLY CANCERS WHICH AFFLICT WOMEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina He V.P. & Secretary | 40 | $85,000 | |
Wei-Wu He PHD President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $70,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,200,303 |
| Capital Gain Net Income | $2,200,303 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,271,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $107,138 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,281 |
| Interest | $0 |
| Taxes | $25,000 |
| Depreciation | $2,522 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,634 |
| Total operating and administrative expenses | $163,300 |
| Contributions, gifts, grants paid | $1,081,968 |
| Total expenses and disbursements | $1,245,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,970 |
| Savings and temporary cash investments | $43,122 |
| 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 | $11,406,782 |
| Net Land, buildings, and equipment | $22,679 |
| Other assets | $101,237 |
| Total assets | $11,596,790 |
| 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, Huiying Memorial Foundation has awarded $1,081,968 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: GENERAL USE | $1,000,000 |
BUCK INSTITUTE PURPOSE: GENERAL USE | $50,000 |
EGRC PURPOSE: GENERAL USE | $14,000 |
DIGNITY MATTERS PURPOSE: GENERAL USE | $10,368 |
Baltimore, MD PURPOSE: GENERAL USE | $7,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
United Charitable Ashburn, VA | $209,799,923 | $22,185,205 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |