Innovart Foundation is a private corporation based in CUPERTINO, CA. The foundation received its IRS ruling in 2014. It holds total assets of $213K. Annual income is reported at $22K. Youth art and drama activities - purchased equipment and provided grants to local middle school drama program; organized local youths for Valentine card writing activity for community senior center; provide workshop and training to local high school students for mosaic artworks for school and community senior center. According to available records, Innovart Foundation has made 7 grants totaling $12K, with a median grant of $800. Annual giving has grown from $2K in 2020 to $10K in 2022. Individual grants have ranged from $21 to $8K, with an average award of $2K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
INNOVART FOUNDATION ORGANIZED 10 FRUIT AND VEGGIE SALE FOR THE CUPERTINO AND SARATOGA COMMUNITIES (5/13, 5/25, 5/30, 6/2, 6/13, 6/25, 7/9, 7/27, 8/8, 12/9) AND ANOTHER 6 FUNDRAISERS FOR THE SARATOGA HIGH SCHOOL (7/2, 7/23, 8/7, 9/30, 10/21, 11/5).
Expenses: $2K
IN APRIL, ORGANIZED A FACE-MASK DONATION. COLLECTED 700 MASKS AND 2 GOGGLES, AND DELIVERED THEM TO NURSES IN SAN JOSE.IN APRIL, ORDERED PETG, A MATERIAL USED FOR PRINTING FACE SHIELDS AND DONATED TO HONGYUN ART FOUNDATION, WHICH WAS 3D PRINTING FACE SHIELDS FOR HOSPITALS IN SANTA CLARA COUNTY
Expenses: $311
INNOVART FOUNDATION STARTED A SUNNY TIME VIDEO COLUMN FOR THE VIPKIDS ACTION OFLOVE BLOG, BUILT TO HELP UNDERPRIVILEGED KIDS IN CHINA LEARNING ENGLISH. SIX ISSUESWERE BROADCAST:- ORIGAMI PROJECT: GROWING FLOWERS- COMMUNITY PARK- MY HOBBY: DRAWING- ORIGAMI ANIMALS- FUNDRAISING- CHRISTMAS
Expenses: $70
STARTED COLLABORATION WITH THE CALABAZAS LIBRARY, ORGANIZING MONTHLY LECTURES STARTING JULY 2020. BECAUSE OF THE PANDEMIC, ALL LECTURES HAVE BEEN ONLINE, BUT THE ONES ORGANIZED BY INNOVART HAVE BEEN A HIT, AND ALWAYS HAD GOOD PARTICIPATION. THE EATING HEALTHY LECTURE HAD 120 ATTENDEES, WHICH SET A RECORD HIGH FOR THE LIBRARY OVER THE PAST TWO YEARS. OUR LECTURES ARE AS FOLLOWS:- HEALTHY EATING, 7/29- HOW TO LIVE WITH NEGATIVE EMOTIONS, 8/5- MINDFULNESS MEDITATION, 4 WEDNESDAYS IN SEPT.- HOMESCHOOL PANEL TALK, 10/14- HALLOWEEN ORIGAMI, 10/27- THANKSGIVING ORIGAMI, 11/11THE "SHOOTING STARS" MUSICAL BAND RECORDED AND EDITED A VIDEO CONCERT IN SEPTEMBER, AND SENT IT TO CHATEAU CUPERTINO IN OCTOBER FOR ONLINE SURFING. DUE TO THE PANDEMIC, THE BAND COULDN'T PERFORM IN PERSON AT THE ELDERLY HOME.HTTPS://YOUTU.BE/SDX9BHZWX1K
Youth art and drama activities - purchased equipment and provided grants to local middle school drama program; organized local youths for Valentine card writing activity for community senior center; provide workshop and training to local high school students for mosaic artworks for school and community senior center. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in CA.
Innovart Foundation has distributed a total of $12K across 7 grants. The median grant size is $800, with an average of $2K. Individual grants have ranged from $21 to $8K.
Innovart Foundation typically selects its grantees rather than accepting unsolicited proposals.
Innovart Foundation is headquartered in CUPERTINO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Zhang | CFO/TREASURER | $0 | $0 | $0 |
| Jenny Wang | SECRETARY | $0 | $0 | $0 |
| Maggir Tsai | PRESIDENT | $0 | $0 | $0 |
Total Giving
$15K
Total Assets
$215K
Fair Market Value
$228K
Net Worth
$215K
Grants Paid
$8K
Contributions
$25
Net Investment Income
$7K
Distribution Amount
$11K
Total: $0
Total Grants
7
Total Giving
$12K
Average Grant
$2K
Median Grant
$800
Unique Recipients
7
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Palo Alto UniversityCharity | Palo Alto, CA | $8K | 2022 |
| Trust In EducationCharity | Lafayette, CA | $1K | 2022 |
| Saratoga High School FoundationCharity | Saratoga, CA | $800 | 2022 |
| Wikimedia FoundationCharity | San Francisco, CA | $21 | 2022 |
| Saratoga High School Wellness CenterCHARITABLE PURPOSE | Saratoga, CA | $2K | 2020 |
| 2019 | 990PF | View |
| Hongyun Art FoundationCHARITABLE PURPOSE |
| Cupertino, CA |
| $189 |
| 2020 |
| Family Giving TreeCHARITABLE PURPOSE | Milpitas, CA | $82 | 2020 |
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