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Good Heart Foundation Inc. is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 1999. The principal officer is Louis L S Tao. It holds total assets of $149K. Annual income is reported at $6K. Total assets have decreased from $279K in 2011 to $166K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Funding is distributed across 6 states, including New York, Nevada, District of Columbia. According to available records, Good Heart Foundation Inc. has made 25 grants totaling $8K, with a median grant of $100. Annual giving has decreased from $3K in 2020 to $2K in 2022. Grantmaking activity was highest in 2021 with $3K distributed across 8 grants. Individual grants have ranged from $100 to $2K, with an average award of $336. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in District of Columbia, Virginia, New York, which account for 52% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$200
Average Grant
$263
Largest Grant
$1K
Based on 8 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.
Good Heart Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in DC, VA, NY.
Good Heart Foundation Inc. has distributed a total of $8K across 25 grants. The median grant size is $100, with an average of $336. Individual grants have ranged from $100 to $2K.
Good Heart Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (541946661) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Good Heart Foundation Inc. is headquartered in LAS VEGAS, NV. While based in NV, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lung Sheng Tao | Director | $0 | $0 | N/A |
| Kou-Yun Tao | Director | $0 | $0 | N/A |
Total Giving
$581
Total Assets
$166K
Fair Market Value
$184K
Net Worth
$166K
Grants Paid
N/A
Contributions
$2K
Net Investment Income
$2K
Distribution Amount
N/A
Total Grants
25
Total Giving
$8K
Average Grant
$336
Median Grant
$100
Unique Recipients
13
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wee CareGeneral fund | Seatle, WA | $200 | 2021 |
| International Leadership FoundationGeneral Purposes | Washington, DC | $1K | 2022 |
| Chan Meditation CenterGen purposes | Queens, NY | $200 | 2022 |
| Amitabha Buddhist Society Of The UsGeneral Purposes | Sunnyvale, CA | $200 | 2022 |
| St Judes Research HospitalGeneral Purposes | Memphis, TN | $200 | 2022 |
| Buddhist Tzu FoundationGeneral Purposes | Reston, VA | $200 | 2022 |
| Nevada Buddist AssociationGen purposes | Las Vegas, NV | $100 | 2022 |
| Leukemia & Lymphoma FoundationGeneral fund | Rye, NY | $100 | 2022 |
| Nevada Animal FoundationGeneral Fund | Las Vegas, NV | $100 | 2022 |
| Tehan Buddist ServiceGeneral Fund | Alexandria, VA | $500 | 2021 |
| Wei Eu Chinese American Resourses Of EducationGeneral Purposes | Belleview, WA | $200 | 2020 |
| AspcaGeneral Purposes | Washington, DC | $100 | 2020 |
| Lost Dog & Cat RescueGeneral Purposes | Falls Church, VA | $100 | 2020 |