Shaw U S Foundation is located in Honolulu, HI. The organization was established in 1991. 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. Shaw U S 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, Shaw U S Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ms Meage Choy President/director | 1 | $0 | |
Ms Venus Choy Director | 1 | $0 | |
Ms Li Kit Yee Jenny Vice President/director | 1 | $0 | |
Mr Chan Wai Man Raymond Vice President/director | 1 | $0 | |
Cades Schutte Llp Secretary | 1 | $0 | |
Mr Jeremiah Rajakulendran Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,242 |
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 | $2,247,432 |
Total Revenue | $2,249,674 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $31,167 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,039 |
Total operating and administrative expenses | $38,968 |
Contributions, gifts, grants paid | $2,562,000 |
Total expenses and disbursements | $2,600,968 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,980,340 |
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 | $1,000 |
Net Land, buildings, and equipment | $0 |
Other assets | $2,333,503 |
Total assets | $5,314,843 |
Accounts payable and accrued expenses | $14,555 |
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 | $14,555 |
Over the last fiscal year, Shaw U S Foundation has awarded $5,128,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY PURPOSE: OPERATING FUNDS | $2,564,000 |
ZHEJIANG UNIVERSITY EDUCATION FOUNDATION PURPOSE: OPERATING FUNDS | $2,564,000 |