Overview
What is Chuang's Foundation?
Chuang's Foundation, established in Los Altos, California, is a nonprofit organization dedicated to promoting cultural activities, medical education, and charity work. The foundation, which was founded by an individual who passed away in 2016, initially utilized a facility in Modesto for hosting Chinese medicine education and clinical treatment sessions. Following the founder's demise, the board of the foundation made a decision to rent out this facility. The rental income, excluding all related expenses, is now being utilized to support the exempt purpose of the foundation, thereby continuing its mission. The foundation also organizes conferences and member meetings, offering speeches and presentations.
Is Chuang's Foundation legitimate?
Chuang's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chuang's Foundation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Chuang's Foundation?
Chuang's Foundation is committed to promoting cultural activities, medical education, and charitable work. Following the passing of its founder in 2016, the board decided to rent out a facility to continue supporting these causes. The facility, previously used by the founder for Chinese medicine education and clinical treatment, now serves as a source of income for the foundation. The rent received, excluding all related expenses, is allocated towards upholding the exempt purpose of the foundation. The foundation's activities aim to contribute positively to various sectors, with a focus on education, culture, and social welfare.
Who is the CEO of Chuang's Foundation?
King Chuang is the Director of Chuang's Foundation.
What is the revenue of Chuang's Foundation?
Chuang's Foundation's revenue in 2022 was -$9,735.
Who are the executives of Chuang's Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chuang's Foundation?
Chuang's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chuang's Foundation
Chuang's Foundation, established to honor its founder who passed away in 2016, is committed to promoting cultural activities, medical education, and charity work. Following the founder's passing, the board of the foundation decided to rent out a facility in Modesto, which had previously been used to host Chinese medicine education and clinical treatment centers. In line with the foundation's exempt purpose, the board has decided that the rent received, after deducting all related expenses, will be utilized to support these various initiatives. By doing so, Chuang's Foundation continues its mission of fostering cultural growth, advancing medical knowledge, and providing charitable aid, ensuring that the legacy of its founder lives on.
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Impact
October, 2024
Chuang's Foundation actively promotes cultural activities, medical education, and charity work, significantly enriching community engagement and wellbeing. Since the passing of its founder in 2016, the foundation has pivoted to utilize a facility in Modesto, which previously served as a center for Chinese medicine education and clinical treatment. This strategic move allows the foundation to generate rental income, which is reinvested into its mission to further support educational initiatives and charitable endeavors.
Through organized conferences and member meetings, the foundation facilitates knowledge sharing and presentations, fostering a vibrant community that values cultural exchange and health education. The foundation's commitment to promoting these areas contributes to a broader understanding of diverse medical practices and enriches the local cultural landscape. By leveraging its resources effectively, Chuang's Foundation continues to make a notable impact on both individuals and the community as a whole.
This information is meant to be a general summary of Chuang's Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$16,158
- Gross Receipts: $155,941
Assets and Liabilities:
- Total Assets: $510,561
- Total Liabilities: $1,600
- Net Assets: $508,961
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Organization Details
Phone
(408) 666-1338Principal Officer
King Chuang
Main Address
1230 MIRAMONTE AVE, LOS ALTOS, CA, 94024
NTEE Category
Code: T22Z - Philanthropy
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