Jessie Cheng Charitable Foundation

Tax-deductible

San Francisco, CA501(c)(3)EIN 94-3082659Revenue $355K in FY2024

On file with the IRS101 Lombard St Apt 806w, 94111-1151 · San Francisco, CATax-exempt since Apr 1989Private non-operating foundation

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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
2 of 5
filings with a surplus
Average deficit $62K a year · 32% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
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
$355K
+411% vs prior year
Spent
$268K
Net assets
$2.9M
By yearFY2020–FY2024
Revenue
$355K
FY2024▲ +411%
Tap a bar for its year
Revenue by fiscal year
FY2020$149K
FY2021$424K
FY2022−$27K
FY2023$69K
FY2024$355K
Expenses
$268K
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$258K
FY2021$262K
FY2022$261K
FY2023$230K
FY2024$268K
Net assets
$2.9M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.3M
FY2022$3.0M
FY2023$2.8M
FY2024$2.9M

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1989.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 91% · $244K Operating & administrative 9% · $24K

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

2 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
See Jessie Cheng Charitable Foundation executive salaries →

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Programs and updates

A private foundation based in San Francisco, CA.

Questions for Jessie Cheng Charitable Foundation

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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 · 46 grants · $244K · 2024–2024
Asian Art MuseumFY2024$50,000
Willie Brown Institute on Politics and Public ServiceFY2024$20,000
Commonwealth ClubFY2024$20,000
San Francisco SymphonyCA · FY2024$17,500
Community Youth CenterFY2024$12,000
Chinese HospitalFY2024$11,025
North Beach CitizensCA · FY2024$5,250
Spur INCMA · FY2024$5,000
San Francisco Community Health CenterFY2024$5,000
Rose Pack Community FundFY2024$5,000
John Burton Advocate for YouthFY2024$5,000
Community Health & Education FoundationFY2024$5,000
Brooker Washington Community Service CenterFY2024$5,000
Telegraph Hill Neighborhood CenterFY2024$3,500
See all 46 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV21
Average grantPart XV$5K
Median grantPart XV$2K
Largest grantPart XV$50K
Top cause focusNTEEArts & Culture (13%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$355K
Investment income$355K
Other income$169
Money out
$268K
Grants paid$244K
Running costs$24K
Owns and owes
$2.9M
net assets
Cash and savings$61K
Total assets$2.9M
Liabilities$0
People
2
listed
Paid0
2In more detail
Revenue in detail
Investment income$355K
Other income$169
Total revenue$355K
Assets in detailEnd of year
Cash and savings together$61K
Total assets$2.9M
Liabilities$0
Net assets$2.9M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $355K$268K$87K$2.9M 990 PDF
FY2023 $69K$230K−$161K$2.8M 990 PDF
FY2022 −$27K$261K−$288K$3.0M 990 PDF
FY2021 $424K$262K$162K$3.3M 990 PDF
FY2020 $149K$258K−$109K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

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

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