Chen-Lin Education & Culture Foundation Inc
- Assets
- $1.3m
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sandy Springs, GA
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-2945960
Organization Overview
Chen-Lin Education & Culture Foundation Inc is located in Sandy Springs, GA. The organization was established in 2019. 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. Chen-Lin Education & Culture Foundation Inc 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, Chen-Lin Education & Culture Foundation Inc generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (69.8%) each year. All expenses for the organization totaled $77.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chen-Lin Education & Culture Foundation Inc has awarded 19 individual grants totaling $594,384. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO THE GEORGIA GWINNETT COLLEGE FOUNDATION (GGC FOUNDATION) TO HELP ATTRACT AND EDUCATE STUDENTS, KEEP HIGHLY QUALIFIED FACULTY, AND PROVIDE EDUCATIONAL FACILITIES WITH LATEST TECHNOLOGY.
CONTRIBUTION TO SINO USA NEXT GENERATION FOUNDATION
CONTRIBUTION TO ATLANTA ACADEMY OF FESTIVAL.
CONTRIBUTION TO WABE NPR SPOT BROADCASTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xi Lin CFO | 0 | $0 | |
Ping Chen CEO | 0 | $0 | |
Anne Lin Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,982 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,982 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $6,593 |
| Total operating and administrative expenses | $6,593 |
| Contributions, gifts, grants paid | $70,405 |
| Total expenses and disbursements | $76,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,508 |
| Savings and temporary cash investments | $1,327,094 |
| 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 | $1,346,602 |
| 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, Chen-Lin Education & Culture Foundation Inc has awarded $70,405 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA GWINNETT COLLEGE FOUNDATION PURPOSE: CHARITABLE | $52,500 |
SINO-USA NEXT GENERATION FOUNDATION PURPOSE: CHARITABLE | $7,000 |
ATLANTA FESTIVAL ACADEMY PURPOSE: CHARITABLE | $5,000 |
ASIAN ARTS ALLIANCE INC PURPOSE: CHARITABLE | $2,500 |
WABE NPR RADIO PURPOSE: CHARITABLE | $3,405 |