Kam Family Foundation
- Assets
- $1.4m
- Revenue
- $23.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-4127163
Organization Overview
Kam Family Foundation is located in Los Altos, CA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Kam Family 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, Kam Family Foundation generated $23.3k in total revenue. All expenses for the organization totaled $23.4k during the year ending 12/2023. While expenses have increased by 19.0% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 GREATER LOS ALTOS CHINESE ASSOCIATION SPRING FESTIVAL GALA: PROVIDE FUND FOR ACTIVITIES AND PERFORMANCE; PARTICIPATE IN PLANNING FUND RAISING AND VOLUNTEERING.
2023 GREATER LOS ALTOS CHINESE ASSOCIATION MID-AUTUMN FESTIVAL CELEBRATION: PROVIDE FUND FOR ACTIVITIES AND PERFORMANCE; PARTICIPATE IN PLANNING FUND RAISING AND VOLUNTEERING.
ROBLOX CHINESE HERITAGE AFFINITY GROUP MID-AUTUMN FESTIVAL CELEBRATION: PROVIDE FUND FOR DANCE PEROFORMANCE
2024 GREATER LOS ALTOS CHINESE ASSOCIATION SPRING FESTIVAL GALA PREPARATION: PROVIDE EVENT START UP FUND; PARTICIPATE IN PLANNING FUND RAISING AND VOLUNTEERING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xiangqun Liu President | 2 | $0 | |
Xiaomin Qu Treasurer | 2 | $0 | |
Megan Liu Secretary | 1 | $0 | |
Kerry Liu Chief Technology Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $2,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,823 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,265 |
| 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 | $4,429 |
| Printing and publications | $0 |
| Other expenses | $19,020 |
| Total operating and administrative expenses | $23,449 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $23,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,510 |
| Savings and temporary cash investments | $34,057 |
| 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 | $1,316,640 |
| Total assets | $1,354,207 |
| 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, Kam Family Foundation has awarded $2,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SILICON VALLEY CHINESE ASSOCIATION PURPOSE: CIVIL ENGANGEMENT SUPPORT ASIAN IMMIGRANTS IMMERSION INTO AMERICAN SOCIETY | $1,000 |
LOS ALTOS EDUCATION FOUNDATION PURPOSE: SUPPORT LOCAL PUBLIC EDUCATION | $500 |
MVLA HIGH SCHOOL FOUNDATION PURPOSE: SUPPORT LOCAL PUBLIC EDUCATION | $500 |
MVLA SPEECH AND DEBATE BOOSTERS IN PURPOSE: SUPPORT LOCAL HIGH SCHOOL DEBATE TEAMS | $500 |