S S Fook Sing Foundation
- Assets
- $978.9k
- Revenue
- $324.7k
- Investments
- $612.1k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- Data as of
- 12/2022
- EIN
- 85-4234975
Organization Overview
S S Fook Sing Foundation is located in Honolulu, HI. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. S S Fook Sing 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 12/2022, S S Fook Sing Foundation generated $324.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.6%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Hugh President/treasurer | 1 | $0 | |
Nelli Hugh Secretary | 1 | $0 | |
Stacey Hee Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,217 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,519 |
| Capital Gain Net Income | $6,519 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $324,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,158 |
| Contributions, gifts, grants paid | $35,500 |
| Total expenses and disbursements | $47,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $366,821 |
| 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 | $612,092 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $978,913 |
| 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, S S Fook Sing Foundation has awarded $35,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
IOLANI SCHOOL PURPOSE: TO SUPPORT THE EDUCATIONAL PURPOSE OF THE SCHOOL | $8,000 |
KAPIOLANI HEALTH FOUNDATION PURPOSE: TO SUPPORT HEALTH IN THE HAWAII COMMUNITY | $10,000 |
PUNAHOU SCHOOL PURPOSE: TO SUPPORT THE EDUCATIONAL PURPOSE OF THE SCHOOL | $12,500 |
ST CLEMENT'S DAY SCHOOL PURPOSE: TO SUPPORT THE EDUCATIONAL PURPOSE OF THE SCHOOL | $5,000 |