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Adesso Nonprofit Foundation is a private corporation based in WALNUT, CA. The foundation received its IRS ruling in 2020. The principal officer is Shaolin Ku. It holds total assets of $3.3M. Annual income is reported at $270K. Total assets have grown from $1.6M in 2020 to $3.4M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in California. According to available records, Adesso Nonprofit Foundation has made 27 grants totaling $596K, with a median grant of $20K. Annual giving has grown from $104K in 2021 to $492K in 2022. Individual grants have ranged from $5K to $64K, with an average award of $22K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$12K
Average Grant
$15K
Largest Grant
$32K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Adesso Nonprofit Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in CA.
Adesso Nonprofit Foundation has distributed a total of $596K across 27 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $5K to $64K.
Adesso Nonprofit Foundation typically selects its grantees rather than accepting unsolicited proposals.
Adesso Nonprofit Foundation is headquartered in WALNUT, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shaolun Ku | CEO | $0 | $0 | N/A |
Total Giving
$307K
Total Assets
$3.4M
Fair Market Value
$3.3M
Net Worth
$1.3M
Grants Paid
$142K
Contributions
$23K
Net Investment Income
$80K
Distribution Amount
$160K
Total Grants
27
Total Giving
$596K
Average Grant
$22K
Median Grant
$20K
Unique Recipients
11
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| San Musae Culture CenterCHARITABLE CONTRIBUTION | City Of Industry, CA | $64K | 2022 |
| Diamond Bar High SchoolCHARITABLE CONTRIBUTION | Diamond Bar, CA | $30K | 2022 |
| Walnut High SchoolCHARITABLE CONTRIBUTION | Walnut, CA | $30K | 2022 |
| Diamond Bar High School Walnut High School Walnut Police Station DbcaaCHARITABLE CONTRIBUTION | Diamond Bar, CA | $22K | 2022 |
| Cie UsaCHARITABLE CONTRIBUTION | Diamond Bar, CA | $20K | 2022 |
| Pomona HopeCHARITABLE CONTRIBUTION | Pomona, CA | $20K | 2022 |
| Sino-American Certified Public Accounts AssociationCHARITABLE CONTRIBUTION | City Of Industry, CA | $12K | 2022 |
| DbcaaCHARITABLE CONTRIBUTION | Diamond Bar, CA | $5K | 2022 |
| VariousCharity | Walnut, CA | $32K | 2021 |
| Diamond Bar Chinese American AssociCharity | Diamond Bar, CA | $20K | 2021 |
| Global Dynasty Lions ClubCharity | Monterey Park, CA | $12K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA