Fayeth Foundation Inc
- Assets
- $948.3k
- Revenue
- $1.0m
- Investments
- $851.8k
- Employees
- 0
- Location
- Pomona, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-4400706
Organization Overview
Fayeth Foundation Inc is located in Pomona, CA. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayeth Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damei Feng CFO & Secretary | 2 | $0 | |
Hongfei He CEO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,001,475 |
| Interest on Savings | $43 |
| Dividends & Interest | $1,778 |
| 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 | $1,003,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $55,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,000 |
| Savings and temporary cash investments | $91,518 |
| 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 | $851,778 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $948,296 |
| 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, Fayeth Foundation Inc has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Loma Linda, CA PURPOSE: TO GIVE STUDENTS THE OPPORTUNITY TO STUDY WITHOUT FINANCIAL WORRY, PREPARE THE NEXT GENERATION OF HEALTHCARE PROVIDERS AND MAKE THE NEXT LIFE-CHANGING DISCOVERY-FOREVER ALTERING THE HEALING JOURNEY FOR FUTURE PATIENTS | $20,000 |
CEDARS-SINAI PURPOSE: TO SUPPORT CANCER RESEARCH IN EFFORTS TO REDUCE HEALTH DISPARITIES AND INCREASE ACCESS TO CARE FOR ALL PATIENTS, BUILDING A STRONGER AND HEALTHIER COMMUNITY | $10,000 |
Cambridge, MA PURPOSE: TO SUPPORT VISITING FELLOWS WHO ARE PURSUING GRADUATE DEGREES AT UNIVERSITIES IN ASIA AND WHO ARE COMING TO HYI FOR ADVANCED TRAINING AND RESEARCH | $10,000 |
Pomona, CA PURPOSE: TO PROVIDE SOCIAL WELFARE SERVICES AND LIFE GROWTH COURSES THROUGH PHILANTHROPHY, INSPIRING EVERYONE'S KINDNESS, DRIVING THE SOCIAL GOOD ATMOSPHERE AND BRINGING WARMTH AND LIGHT TO THE SOCIETY | $7,500 |
INTERNATIONAL BUDDHIST PROGRESS SOC PURPOSE: TO BE USED FOR BUDDHISM PROPAGATION INCLUDING VARIOUS EDUCATIONAL AND CHARITABLE PROGRAMS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Christianstewardship Irvine, CA | $2,166,053 | $1,632,635 |
Christian Foundation Of The West Inc Westlake Village, CA | $29,861,352 | $8,138,364 |
Shinnyo-En Foundation San Bruno, CA | $28,915,235 | $1,951,028 |
Libitzky Family Foundation San Francisco, CA | $16,385,031 | $1,879,741 |
Episcopal Impact Fund San Francisco, CA | $6,585,359 | $2,213,656 |
Joseph J Storey Charitable Remainder Unitrust Las Vegas, NV | $7,569,430 | $1,397,221 |
Spiritual Care Link Foundation Scottsdale, AZ | $356,325 | $815,410 |
Shedry Dar Foundation Mesa, AZ | $4,092,490 | $2,757,316 |
Global Assistance Partner La Habra, CA | $431,832 | $683,902 |
Catholic Womens Guild Hawaii Kailua, HI | $0 | $290,181 |
Bibles4egypt Placentia, CA | $704,338 | $1,017,728 |
Holy People Mission Irvine, CA | $0 | $547,856 |