Larry And Beatrice Ching Foundation
- Assets
- $788.3k
- Revenue
- $157.9k
- Investments
- $784.1k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/1964
- Data as of
- 03/2022
- EIN
- 99-6003722
Organization Overview
Larry And Beatrice Ching Foundation is located in Honolulu, HI. The organization was established in 1964. 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. Larry And Beatrice Ching 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 03/2022, Larry And Beatrice Ching Foundation generated $157.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $94.2k during the year ending 03/2022. While expenses have increased by 7.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Larry And Beatrice Ching Foundation has awarded 69 individual grants totaling $102,050. 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 |
|---|---|---|---|
Thalia Choy President/director | 1 | $14,714 | |
Darryl Choy V.p./director | 0 | $0 | |
Devin Choy Treas/director | 0 | $0 | |
Denalee Choy Secty/director | 0 | $0 | |
Dathan Choy Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $17,999 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,918 |
| Capital Gain Net Income | $139,918 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $157,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,714 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3 |
| Taxes | $935 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $221 |
| Total operating and administrative expenses | $40,759 |
| Contributions, gifts, grants paid | $53,450 |
| Total expenses and disbursements | $94,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,134 |
| Savings and temporary cash investments | $0 |
| 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 | $16,712 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $788,281 |
| 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, Larry And Beatrice Ching Foundation has awarded $53,450 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Honolulu, HI PURPOSE: EDUCATIONAL PROGRAMS | $22,500 |
HELEMANO PLANTATION (ORI ANUENUE HALE) PURPOSE: EDUCATIONAL PROGRAMS | $7,100 |
Arlington, VA PURPOSE: SCHOLARSHIPS | $5,000 |
HONGWANJI MISSION SCHOOL PURPOSE: EDUCATIONAL PROGRAMS | $2,500 |
PUNAHOU SCHOOL FOUNDATION PURPOSE: CAPITAL FUND | $2,300 |
Honolulu, HI PURPOSE: PROVIDE FOOD TO THE COMMUNITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
The Barbara And Gerson Bakar Foundation San Francisco, CA | $150,075,547 | $19,097,345 |
William G Irwin Charity Foundation San Francisco, CA | $95,703,761 | $19,136,887 |
Edgerton Foundation Los Angeles, CA | $106,952,264 | $9,589,110 |
Teach A Man To Fish Foundation Irvine, CA | $203,437,997 | $86,100,450 |