Jessie Cheng Charitable Foundation
- Assets
- $0.0
- Revenue
- $148.6k
- Investments
- $3.0m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 04/1989
- Data as of
- 12/2020
- EIN
- 94-3082659
Organization Overview
Jessie Cheng Charitable Foundation is located in San Francisco, CA. The organization was established in 1989. 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. Jessie Cheng Charitable 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 12/2020, Jessie Cheng Charitable Foundation generated $148.6k 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 (63.8%) each year. All expenses for the organization totaled $257.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jessie Cheng Charitable Foundation has awarded 57 individual grants totaling $359,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Cheng Trust President | 0 | $0 | |
Claudine Cheng Vice-President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $90,496 |
| Profit on Inventory Sales | $0 |
| Other Income | $200 |
| Total Revenue | $148,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $2,700 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $83,835 |
| Contributions, gifts, grants paid | $173,900 |
| Total expenses and disbursements | $257,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,719 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $3,128 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jessie Cheng Charitable Foundation has awarded $185,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN ART MUSEUM PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $107,000 |
San Francisco, CA PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $10,000 |
SPUR PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $10,000 |
San Francisco, CA PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $5,000 |
CHINESE HOSPITAL PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $5,000 |
San Francisco, CA PURPOSE: PROVIDE FUNDS TO ASSIST RECIPIENT'S CHARITABLE PURPOSES. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |