501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $20K a year · 97% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
+74% vs prior year
Spent
$41K
Net assets
$299K
By yearFY2020–FY2024
Revenue
$27K
FY2024▲ +74%
Tap a bar for its year
Revenue by fiscal year
FY2020$3K
FY2021$31K
FY2022$27K
FY2023$16K
FY2024$27K
Expenses
$41K
FY2024▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$41K
FY2021$34K
FY2022$54K
FY2023$35K
FY2024$41K
Net assets
$299K
FY2024▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$361K
FY2021$358K
FY2022$331K
FY2023$312K
FY2024$299K

From the FY2024 Form 990 (year ending November 2024) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 89% · $36K Operating & administrative 11% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$0Pt VII · Sec A
See Formosa Titan Foundation executive salaries →

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Programs and updates

A private foundation based in San Marino, CA.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 16 grants · $36K · 2023–2023
American Buddist FellowshipFY2023$12,600
KmbaFY2023$4,300
Huntington HospitalFY2023$4,000
ThsefFY2023$2,000
San Marino Police Offices AssociatiFY2023$2,000
City of HopeFY2023$2,000
BaspFY2023$1,000
St Jude Children Research HospitalFY2023$1,000
Smile Train INCNY · FY2023$1,000
Amida SocietyCA · FY2023$500
Individual RecipientFY2023$500
The Huntington LibraryFY2023$500

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$2K
Median grantPart XV$2K
Largest grantPart XV$13K
Top cause focusNTEEEducation (6%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$27K
Investment income$27K
Money out
$41K
Grants paid$36K
Running costs$4K
Owns and owes
$299K
net assets
Cash and savings$17K
Total assets$299K
Liabilities$0
People
1
listed
Paid0
2In more detail
Revenue in detail
Investment income$27K
Total revenue$27K
Assets in detailEnd of year
Cash and savings together$17K
Total assets$299K
Liabilities$0
Net assets$299K
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $27K$41K−$13K$299K 990 PDF
FY2023 $16K$35K−$19K$312K 990 PDF
FY2022 $27K$54K−$27K$331K 990 PDF
FY2021 $31K$34K−$3K$358K 990 PDF
FY2020 $3K$41K−$38K$361K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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