Forestsong Foundation
- Assets
- $1.9m
- Revenue
- $358.4k
- Investments
- $1.7m
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 81-4159667
Organization Overview
Forestsong Foundation is located in Sunnyvale, CA. The organization was established in 2017. 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. Forestsong 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, Forestsong Foundation generated $358.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $230.3k during the year ending 12/2023. While expenses have increased by 21.6% per year over the past 7 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.
Since 2017, Forestsong Foundation has awarded 90 individual grants totaling $774,496. 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 |
|---|---|---|---|
Shuwu Song President & CEO | 0 | $0 | |
Yun Lin Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46 |
| Dividends & Interest | $4,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $354,199 |
| Capital Gain Net Income | $354,199 |
| Net ST Capital Gain | $354,199 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $358,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $367 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130 |
| Total operating and administrative expenses | $4,524 |
| Contributions, gifts, grants paid | $225,808 |
| Total expenses and disbursements | $230,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,236 |
| Savings and temporary cash investments | $12,660 |
| 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 | $1,875,206 |
| 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, Forestsong Foundation has awarded $225,808 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
HUMANE SOCIETY OF SILICON VALLEY PURPOSE: TO SAVE AND ENHANCE LIVES BOTH FOUR-LEGGED AND TWO-LEGGED! | $5,000 |
UNIVERSITY OF FLORIDA PURPOSE: POSITIVE IMPACT ON STUDENTS, TEACHERS AND THE UNIVERSITY | $5,000 |
WIKIMEDIA FOUNDATION PURPOSE: TO SHARE A COMMITMENT TO FREE KNOWLEDGE AND WORK TOGETHER WITH OUR COMMUNITY. | $100 |
SANTA CLARA COUNTY PEACE OFFICERS F PURPOSE: PROVIDES SERVICES TO MANY ORGANIZATIONS WITHIN SANTA CLARA COUNTY INCLUDING UNDERPRIVILEGED, DISADVANTAGED, AND/OR AT-RISK YOUTH. | $2,000 |
KIDRON INTERNATIONAL MISSIONS INC PURPOSE: SPONSOR/COACH TEENS OF NEEDS IN COMPLETING HIGH SCHOOL DIPLOMA FOR COLLEGE BOUND, WHILE EMPOWERING YOUTHS' SERVANT LEADERSHIP. | $10,000 |
MILPITAS HIGH SCHOOL PURPOSE: TO HELP A TEACHER IN NEED, MOVING CLOSER TO A NATION WHERE STUDENTS IN EVERY COMMUNITY HAVE THE TOOLS AND EXPERIENCES THEY NEED FOR A GREAT EDUCATION. | $8,208 |