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Gbc International Bank Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2014. The principal officer is Richard Holmes. It holds total assets of $981K. Annual income is reported at $6K. Total assets have grown from $419K in 2014 to $981K in 2024. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in California and Washington. According to available records, Gbc International Bank Foundation has made 54 grants totaling $209K, with a median grant of $3K. Annual giving has grown from $44K in 2020 to $65K in 2023. Grantmaking activity was highest in 2022 with $100K distributed across 24 grants. Individual grants have ranged from $1K to $11K, with an average award of $4K. The foundation has supported 31 unique organizations. Grants have been distributed to organizations in California and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$6K
Based on 16 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.
Gbc International Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in CA, WA.
Gbc International Bank Foundation has distributed a total of $209K across 54 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $11K.
Organizations and schools in promoting the development of communities served by gbc international bank (los angeles,orange,santa clara and san francisco counties in california and the seattle area in washington).
Gbc International Bank Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dennis Lam | PRESIDENT | $0 | $0 | N/A |
| Linda Haley | DIRECTOR | $0 | $0 | N/A |
| Charles Kenny | DIRECTOR | $0 | $0 | N/A |
| Richard Holmes | CFO | $0 | $0 | N/A |
| Annie Pan | EXECUTIVE | $0 | $0 | N/A |
| Calvin Lam | EXECUTIVE | $0 | $0 | N/A |
| Ben Lee | SVP | $0 | $0 | N/A |
| Elaine Wu | FVP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$981K
Fair Market Value
N/A
Net Worth
$981K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
54
Total Giving
$209K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
31
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Apa Family Support ServicesEDUCATION/ELDERLY/HEALTH | San Francisco, CA | $11K | 2023 |
| Monterey Park Victim FundsCOMMUNITY ASSISTANCE | Monterey Park, CA | $10K | 2023 |
| Eeci Entrepreneur ProgramEDUCATION | Los Angeles, CA | $9K | 2023 |
| Herald Family CenterEDUCATION | San Gabriel, CA | $9K | 2023 |
| Los Angeles Educational PartnershipEDUCATION | Los Angeles, CA | $5K | 2023 |
| Boys And Girls Club Of West San Gabriel ValleyEDUCATION | Monterey Park, CA | $4K | 2023 |
| Junior Achievement Of Southern CalEDUCATION | Los Angeles, CA | $3K | 2023 |
| Asia Pacific Cultural CenterEDUCATION/ELDERLY/HEALTH | Tacoma, WA | $3K | 2023 |
| Gradmas House Of HopeELDERLY/HEALTH | Anaheim, CA | $3K | 2023 |
| Unite-La IncEDUCATION | Los Angeles, CA | $3K | 2023 |
| Educare FoundationEDUCATION | Van Nuys, CA | $2K | 2023 |
| Yes (Youth Eastside Services)HEALTH | Bellevue, WA | $1K | 2023 |
| Seeking Other Alternative ResourcesHEALTH | Los Angeles, CA | $1K | 2023 |
| West Angeles Community Development CorporationELDERLY | Los Angeles, CA | $1K | 2023 |
| Eec Young Adult Entrepeneur ProgramEDUCATION | Los Angeles, CA | $6K | 2022 |
| Shoreline Community College FoundationEDUCATION | Shoreline, WA | $5K | 2022 |
| Junior Achievment Of Northern CaliforniaEDUCATION | Walnut Creek, CA | $5K | 2022 |
| Youth Eastside ServicesFUND COUNSELING SERVICES | Bellevue, WA | $4K | 2022 |
| Junior Achievment Of Southern CaliforniaEDUCATION | Los Angeles, CA | $3K | 2022 |
| Grandma'S House Of HopeCOMMUNITY SERVICES | Santa Ana, CA | $3K | 2022 |
| Affordable Living For The AgingELDERLY COMMUNITY SERVICE | West Hollywood, CA | $3K | 2022 |
| Telegraph Hill Neighborhood AssociationELDERLY ASSISTANCE | San Francisco, CA | $2K | 2022 |
| The Rose Bowl Aquatics CenterFUNDING SWIMMING AND WATER SAFETY PROGRAMS FOR YOUTH | Pasadena, CA | $6K | 2020 |
| Center For Human ServicesHEALTH | Shoreline, WA | $3K | 2020 |
| Vietnamese American Cancer FoundationHEALTH CARE | Fountain Valley, CA | $2K | 2020 |
| West Angeles Community DevelopmentELDERLY COMMUNITY SERVICE | Los Angeles, CA | $2K | 2020 |
| Self-Help For The ElderlyFUND FINANCIAL EDUCATION PROGRAMS | San Francisco, CA | $2K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA