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Ykc Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821478835 ✦ Somerville, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ykc Foundation Inc?

Ykc Foundation Inc is a nonprofit organization, situated beyond the provided details. Its primary objective is to foster higher education opportunities for students of Chinese and Chinese-American descent. Through various projects, the foundation aims to support these students in their academic pursuits, contributing to their learning and growth. The foundation's mission is deeply rooted in this commitment to empowering the next generation of Chinese and Chinese-American students.

Is Ykc Foundation Inc legitimate?

Ykc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ykc Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Ykc Foundation Inc?

The Ykc Foundation Inc's mission is centered around supporting educational projects for students of Chinese and Chinese-American heritage. Their primary objective is to facilitate higher learning for this demographic. The foundation aims to contribute to this cause through various business activities.

Who is the CEO of Ykc Foundation Inc?

Shing-Tung Yau is the President of Ykc Foundation Inc.

What is the revenue of Ykc Foundation Inc?

Ykc Foundation Inc's revenue in 2022 was $115.

Who are the executives of Ykc Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Christina Yau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Chiu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Yau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shing-Tung Yau (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michale Chiu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shing-Tung Yau (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ykc Foundation Inc?

Ykc Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ykc Foundation Inc

Ykc Foundation Inc is dedicated to promoting higher education for students of Chinese and Chinese-American descent. Its mission involves actively supporting projects that facilitate learning opportunities for these individuals. By engaging in such initiatives, the foundation aims to foster academic growth and success among this specific demographic.

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Impact




October, 2024

Ykc Foundation Inc significantly impacts the educational landscape for students of Chinese and Chinese-American backgrounds. By supporting projects aimed at facilitating access to higher learning, the foundation cultivates an environment where these students can thrive academically and professionally. This is particularly crucial in promoting diversity and representation in higher education institutions.

The foundation’s initiatives not only provide resources and support but also foster a sense of community among students, empowering them to pursue their academic aspirations confidently. By focusing on this demographic, Ykc Foundation Inc plays a vital role in bridging educational gaps and enhancing the possibilities for future generations. Their commitment to higher learning enriches the cultural fabric and paves the way for greater opportunities within society.




This information is meant to be a general summary of Ykc Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$115 (2022)
Expenses
$1,685 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $115

Assets and Liabilities:

  • Total Assets: $195,667
  • Total Liabilities: $850
  • Net Assets: $194,817

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Organization Details

Principal Officer

Shing-Tung Yau

Main Address

387 SOMERVILLE AVENUE SUITE 1, SOMERVILLE, MA, 02143

NTEE Category

Code: Q33 - International

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