Anchored Foundation
- Assets
- $742.5k
- Revenue
- $1.2m
- Investments
- $623.6k
- Employees
- 0
- Location
- Glendale, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-1124854
Organization Overview
Anchored Foundation is located in Glendale, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchored 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, Anchored Foundation generated $1.2m in total revenue. All expenses for the organization totaled $74.6k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Su Secretary | 5 | $0 | |
Kuan Wen Su President | 5 | $0 | |
Ming Su CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $695,244 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,025 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $467,552 |
| Capital Gain Net Income | $467,552 |
| Net ST Capital Gain | $57,031 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,453 |
| Total Revenue | $1,171,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,993 |
| Total operating and administrative expenses | $20,189 |
| Contributions, gifts, grants paid | $54,450 |
| Total expenses and disbursements | $74,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,167 |
| 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 | $3,480 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $623,596 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $107,295 |
| Total assets | $742,538 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
Grants Awarded
Over the last fiscal year, Anchored Foundation has awarded $52,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Sun Valley, CA PURPOSE: THE PURPOASE OF GRANT IS FOR ELDERLY CARE, LOCAL CHURCH MINISTRY. | $30,000 |
LIGHTHOUSE BIBLE CHURCH PURPOSE: THE PURPOASE OF GRANT IS FOR ELDERLY CARE, LOCAL CHURCH MINISTRY. | $20,000 |
THE MASTER'S UNIVERSITY PURPOSE: THE PURPOASE OF GRANT IS FOR EDUCATION SCHOLARSHIP. | $1,500 |
THE PASTORS OF THE CARIBBEN PURPOSE: THE PURPOASE OF GRANT IS FOR LOCAL CHURCH MINISTRY. | $800 |
JING SCHUBERT SOUJORNER PURPOSE: THE PURPOASE OF GRANT IS FOR LOCAL CHURCH MINISTRY. | $100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Anchored Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Connor Palaya Lins Foundation Mountain View, CA PURPOSE: CHARITY | $50,000 |
Connor Palaya Lins Foundation Mountain View, CA PURPOSE: CHARITY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yosef Simsoly & Alisa Simsolo Foundation Beverly Hills, CA | $0 | $10,000,000 |
Sonoma Country Day School Santa Rosa, CA | $32,285,253 | $10,759,837 |
Fuse Corps San Francisco, CA | $14,198,081 | $11,746,562 |
Asian And Pacific Islander Wellness Center Inc San Francisco, CA | $9,826,509 | $16,014,921 |
Addictions Recovery Center Inc Medford, OR | $10,377,833 | $11,010,307 |
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
St Johns Volunteers San Mateo, CA | $10,199,259 | $10,484,623 |
Core Butte Inc Chico, CA | $17,281,706 | $11,922,132 |
National Alliance Of Nonprofits For Insurance Inc Santa Cruz, CA | $32,076,337 | $12,075,164 |
The Arc Fresno Madera Counties Fresno, CA | $16,570,782 | $10,992,536 |
Pacific Autism Center Of Education Santa Clara, CA | $21,935,291 | $13,847,964 |
Mk Level Playing Field Institute Oakland, CA | $5,423,488 | $12,423,085 |