Sam & Linda Park Foundation
- Assets
- $627.5k
- Revenue
- $100.6k
- Investments
- $531.4k
- Employees
- 0
- Location
- Rolling Hills Estates, CA
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 81-4680092
Organization Overview
Sam & Linda Park Foundation is located in Rolling Hills Estates, 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. Sam & Linda Park Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION - CRENSHAW RAMS/DO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sung Uk Park Trustee | 2 | $0 | |
Myong Ja Park Trustee | 2 | $0 | |
Eugene Park Trustee | 2 | $0 | |
John Park Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $2,536 |
| Net ST Capital Gain | $42 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,940 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,136 |
| Total operating and administrative expenses | $100,076 |
| Contributions, gifts, grants paid | $13,800 |
| Total expenses and disbursements | $113,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,046 |
| 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 | $531,412 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $627,458 |
| 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, Sam & Linda Park Foundation has awarded $13,800 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LA ONE CHURCH PURPOSE: CHARITABLE | $2,800 |
PENINSULA HERITAGE PURPOSE: CHARITABLE | $1,000 |
ANGIE MICHELLE SANDOVAL PURPOSE: CHARITABLE | $2,000 |
JOSE ANDRES HERNANDEZ PURPOSE: CHARITABLE | $2,000 |
DANIEL STEVEN PEREZ PURPOSE: CHARITABLE | $2,000 |
QUIARA KARYSSA GALVAN PURPOSE: CHARITABLE | $2,000 |