Yuen Hwa & Yong Sup Sim Family Community Foundation

Organization Overview

Yuen Hwa & Yong Sup Sim Family Community Foundation is located in Cream Ridge, NJ. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Yuen Hwa & Yong Sup Sim Family Community 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 12/2021, Yuen Hwa & Yong Sup Sim Family Community Foundation generated $57.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (54.0%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $57,000
Interest on Savings $14
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $57,014

Grants Awarded

Over the last fiscal year, Yuen Hwa & Yong Sup Sim Family Community Foundation has awarded $16,250 in support to 4 organizations.

Grant RecipientAmount

MERCER COUNTY COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

West Windsor, NJ

PURPOSE: SCHOLARSHIPS

$10,000

KOREAN AMERICAN INSTITUTE OF PRINCETON

PURPOSE: SCHOLARSHIPS

$3,000

YANGCHUNG SCHOLARSHIP FOUNDATION

PURPOSE: SCHOLARSHIPS

$3,000

ALLENTOWN PUBLIC LIBRARY

PURPOSE: EDUCATIONAL PROGRAMS

$250
View Grant Profile

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