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Cathay Bank Foundation is a private corporation based in EL MONTE, CA. The foundation received its IRS ruling in 2003. The principal officer is % Nancy Tarr. It holds total assets of $315K. Annual income is reported at $2.5M. ANNUAL GOLF TOURNAMENT: TO RAISE FUNDS TO SUPPORT CHARITABLE WORTHY ORGANIZATIONS. According to available records, Cathay Bank Foundation has made 4 grants totaling $9.8M, with a median grant of $2.4M. The foundation has distributed between $2.1M and $2.9M annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $2.9M distributed across 1 grants. Individual grants have ranged from $2.1M to $2.9M, with an average award of $2.4M. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
ANNUAL GOLF TOURNAMENT: TO RAISE FUNDS TO SUPPORT CHARITABLE WORTHY ORGANIZATIONS.
Expenses: $5K
ANNUAL GOLF TOURNAMENT: TO RAISE FUNDS TO SUPPORT CHARITABLE WORTHY ORGANIZATIONS. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Cathay Bank Foundation has distributed a total of $9.8M across 4 grants. The median grant size is $2.4M, with an average of $2.4M. Individual grants have ranged from $2.1M to $2.9M.
Cathay Bank Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cathay Bank Foundation is headquartered in EL MONTE, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deborah Ching | CO-CHAIR | $25K | $0 | $25K |
| Stewart Kwoh | DIRECTOR | $25K | $0 | $25K |
| Diana Yang | DIRECTOR | $0 | $0 | $0 |
| Chang Liu | DIRECTOR | $0 | $0 | $0 |
| Veronica Tsang | DIRECTOR | $0 | $0 | $0 |
| Anthony Hua |
Total Giving
$2.4M
Total Assets
$694K
Fair Market Value
$694K
Net Worth
$151K
Grants Paid
$2.2M
Contributions
$2.5M
Net Investment Income
$0
Distribution Amount
$0
Total Grants
4
Total Giving
$9.8M
Average Grant
$2.4M
Median Grant
$2.4M
Unique Recipients
1
Most Common Grant
$2.1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedSEE ATTACHED | See Attached, CA | $2.2M | 2023 |
AUSTIN, TX
MILFORD, MA
HAMPSTEAD, MD
NASHVILLE, TN
WARWICK, RI
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Nancy Tarr | SVP | $0 | $0 | $0 |
| Jack Sun | TREASURER | $0 | $0 | $0 |
| 2018 | 990PF | View |
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