Larry And Beatrice Ching Foundation
- Assets
- $774.3k
- Revenue
- $91.7k
- Investments
- $751.7k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/1964
- Data as of
- 03/2024
- 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 03/2024, Larry And Beatrice Ching Foundation generated $91.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $88.2k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Larry And Beatrice Ching Foundation has awarded 136 individual grants totaling $217,900. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thalia Choy President/director | 1 | $12,616 | |
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 | $19,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,910 |
| Capital Gain Net Income | $71,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63 |
| Total Revenue | $91,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,616 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,861 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $162 |
| Total operating and administrative expenses | $36,393 |
| Contributions, gifts, grants paid | $51,850 |
| Total expenses and disbursements | $88,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,450 |
| Savings and temporary cash investments | $18,083 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $774,259 |
| 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 $51,850 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AGC EDUCATION & RESEARCH FOUNDATION PURPOSE: SCHOLARSHIPS | $5,000 |
ALANA DUNG MEDICAL RESEARCH FUND PURPOSE: MEDICAL RESEARCH | $200 |
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL RESEARCH | $200 |
AMERICAN LUNG ASSOCIATION OF HAWAII PURPOSE: EDUCATIONAL PROGRAMS | $200 |
ARTHRITIS FOUNDATION-HAWAII CHAPTER PURPOSE: MEDICAL RESEARCH | $200 |
BISHOP MUSEUM PURPOSE: CULTURAL PROGRAMS | $1,000 |