Ascendo Foundation
- Assets
- $10.2k
- Revenue
- $21.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- Data as of
- 09/2022
- EIN
- 87-3162235
Organization Overview
Ascendo Foundation is located in Los Altos, 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. Ascendo 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASCENDO FOUNDATION EXPLORED THE OPPORTUNITY TO JOIN WITH THE JOHNS HOPKINS UNIVERISITY'S STEPPING STONE FELLOWSHIP IN IMPROVING MENTAL HEALTH OF COLLEGE STUDENTS.
ASCENDO FOUNDATION INITIATED A COMMUNITY CONCERT SERIES FEATURING YOUNG MUSICIANS TO FOSTER MENTAL AND EMOTIONAL WELLNESS.
ASCENDO FOUNDATION EXPLORED THE OPPORTUNITY TO JOIN WITH THE UCSD HEARTH FELLOWSHIP IN IMPROVING THE MENTAL HEALTH OF COLLEGE STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jing Li Secretary | 1 | $0 | |
Hue Truong CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,000 |
| Interest on Savings | $3 |
| 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 | $21,003 |
| 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 | $1,145 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,653 |
| Total operating and administrative expenses | $10,798 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $10,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,914 |
| 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 | $2,291 |
| Other assets | $0 |
| Total assets | $10,205 |
| 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 |
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|---|---|---|
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Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
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Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |
Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |
Lone Rock Foundation Santa Cruz, CA | $94,429,828 | $8,565,645 |
Maurice And Paul Marciano Art Foundation Beverly Hills, CA | $51,457,379 | $441,554 |