Dr Anita Hong Foundation
- Assets
- $1.0m
- Revenue
- $199.3k
- Investments
- $931.0k
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- Data as of
- 12/2023
- EIN
- 84-2743334
Organization Overview
Dr Anita Hong Foundation is located in Los Gatos, CA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Anita Hong 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, Dr Anita Hong Foundation generated $199.3k 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 (26.7%) each year. All expenses for the organization totaled $38.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dr Anita Hong Foundation has awarded 38 individual grants totaling $155,800. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,600 |
| Interest on Savings | $2,122 |
| Dividends & Interest | $26,305 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,286 |
| Capital Gain Net Income | $10,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $199,313 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $381 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,267 |
| Total operating and administrative expenses | $8,548 |
| Contributions, gifts, grants paid | $29,500 |
| Total expenses and disbursements | $38,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,225 |
| Savings and temporary cash investments | $0 |
| 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 | $375,824 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,028,253 |
| 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, Dr Anita Hong Foundation has awarded $29,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NEW HOPE CHURCH PURPOSE: CHARITY | $10,000 |
TAIWANESE CULTURAL AND SPORTS ASSOC PURPOSE: CHARITY | $11,000 |
SOUTH BAY TAIWANESE ASSOCIATION PURPOSE: CHARITY | $1,500 |
NORTHERN CA TAIWANESE COMMUNITY CAR PURPOSE: CHARITY | $100 |
MISSION STREAM PURPOSE: CHARITY | $3,000 |
INTERNATIONAL ACTION MINISTRIES INC PURPOSE: CHARITY | $3,000 |