Yuan Chen Family Foundation is located in Mountain View, CA. 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. Yuan Chen 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDENTIFY THE TYPES OF VULNERABILITIES EXPLOITED BY PROFESSIONAL SCAMMER GROUPS AND REACH OUT TO THE COMMUNITY TO LEND A HELPING HAND FINANCIALLY AND EMOTHIONALLY TO THOSE WHO HAVE BEEN HARMED.
DEVELOPMENT OF A NEW GENERATION HIGH SPEED OPTICAL TRANSCEIVER ENGINE TECHNOLOGY DELIVERING DATA BETWEEN THE CPUS OR GPUS, WHICH CAN PROHIBIT ABNORMAL SCAMMING ACTIVITIES.
HELP PEOPLE WHO SUFFERED DEPRESSION OR ANXIETY DUE TO TRAUMATIC EVENTS TO HEAL AND MOVE ON WITH THEIR LIVES.
SPONSORED RELIGIOUS ORGANIZATIONS WHICH PROVIDE THE DIRECT SUPPORT TO HELP THOSE WHO HAVE TRAUMATIZED LIFE EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heidi Chen CEO | 5 | $0 | |
Tzu Jung Chen Secretary | 2 | $0 | |
Yahsing Yuan CFO | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $6,436 |
Interest on Savings | $14 |
Dividends & Interest | $75 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$33,134 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $5,321 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$26,609 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $101 |
Taxes | $3,123 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,909 |
Printing and publications | $0 |
Other expenses | $2,730 |
Total operating and administrative expenses | $18,041 |
Contributions, gifts, grants paid | $1,136 |
Total expenses and disbursements | $19,177 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,701 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $528,727 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $4,286 |
Mortgages and other notes payable | $0 |
Other liabilities | $7,949 |
Total liabilities | $12,235 |
Over the last fiscal year, Yuan Chen Family Foundation has awarded $1,136 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DO NGAK DHARGEY LING PURPOSE: CHARITABLE CONTRIBUTION | $200 |
WORLD VISION PURPOSE: CHARITABLE CONTRIBUTION | $936 |