Poon Foundation FY2021 filing

Tax-deductible

San Francisco, CA501(c)(3)EducationEIN 94-3308244

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

Before you give

FY2021 · 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
1 of 5
filings with a surplus
Average deficit $8K a year · 33% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
63 mo
of spending, in cash
Looks good: 62.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$36K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$23K
+6% vs prior year
Spent
$25K
Net assets
$257K
By yearFY2020–FY2024
Revenue
$23K
FY2021▲ +6%
Revenue by fiscal year
FY2020$22K
FY2021$23K
FY2022$21K
FY2023$33K
FY2024$28K
Expenses
$25K
FY2021▲ +39%
Expenses by fiscal year
FY2020$18K
FY2021$25K
FY2022$29K
FY2023$39K
FY2024$58K
Net assets
$257K
FY2021▼ -4%
Net assets by fiscal year
FY2020$267K
FY2021$257K
FY2022$249K
FY2023$243K
FY2024$213K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1998.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 48% · $12K Operating & administrative 52% · $13K

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

Who runs it and what they're paid

2 people listed on the 990-PF.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Poon Foundation executive salaries →

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Programs and updates

A private foundation based in San Francisco, CA.

Provided by the organization

This section is blank until Poon Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 5 grants · $11K · 2024–2024
Cnsc CommunityFY2024$3,000
On LokcycFY2024$2,750
Ucbchinese Historial SocietyFY2024$2,000
Ymcaself HelpFY2024$2,000
All SfFY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$2K
Largest grantPart XV$3K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$23K
Other income$23K
Investment income$120
Money out
$25K
Grants paid$12K
Running costs$13K
Owns and owes
$257K
net assets
Cash and savings$132K
Total assets$293K
Liabilities$36K
People
2
listed
Paid0
2In more detail
Revenue in detail
Investment income$120
Other income$23K
Total revenue$23K
Assets in detailEnd of year
Cash and savings together$132K
Total assets$293K
Liabilities$36K
Net assets$257K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $28K$58K−$29K$213K 990 PDF
FY2023 $33K$39K−$6K$243K 990 PDF
FY2022 $21K$29K−$9K$249K 990 PDF
FY2021 Viewing $23K$25K−$2K$257K 990 PDF
FY2020 $22K$18K$4K$267K 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) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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