Wu And Yan Family Foundation
- Assets
- $11.0m
- Revenue
- $1.1m
- Investments
- $9.0m
- Employees
- 0
- Location
- Purchase, NY
- Founding
- Data as of
- 12/2023
- EIN
- 92-0661671
Organization Overview
Wu And Yan Family Foundation is located in Purchase, NY. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wu And Yan 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.
For the year ending 12/2023, Wu And Yan Family Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (66.7%) each year.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ding Wu President/treasury/secretary | 2 | $0 | |
Jinghua Yan Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $96 |
| Dividends & Interest | $109,881 |
| 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 | $1,109,977 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $773 |
| Total operating and administrative expenses | $15,771 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $80,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,027,347 |
| 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 | $9,000,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,966 |
| Total assets | $11,032,313 |
| 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, Wu And Yan Family Foundation has awarded $515,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WELLESLEY COLLEGE PURPOSE: FOR AN ENDOWED SCHOLARSHIP - FINANCIAL AID | $25,000 |
COLUMBIA UNIVERSITY PURPOSE: FOR AN ENDOWED SCHOLARSHIP - UNDERGRADUATE SUPPORT | $25,000 |
RYE COUNTRY DAY SCHOOL PURPOSE: GENERAL SUPPORT | $5,000 |
US FUND FOR UNICEF PURPOSE: TO ASSIST IN THE PURPOSE OF THE CHARITY | $10,000 |
WELLESLEY COLLEGE PURPOSE: FOR AN ENDOWED SCHOLARSHIP - FINANCIAL AID | $225,000 |
COLUMBIA UNIVERSITY PURPOSE: FOR AN ENDOWED SCHOLARSHIP - UNDERGRADUATE SUPPORT | $225,000 |