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Lotus Creek Foundation is a private corporation based in LOS ALTOS, CA. The foundation received its IRS ruling in 2013. The principal officer is Jim Zhao. It holds total assets of $166K. Annual income is reported at $29K. Total assets have decreased from $210K in 2012 to $166K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in California. According to available records, Lotus Creek Foundation has made 23 grants totaling $24K, with a median grant of $1K. Annual giving has grown from $4K in 2020 to $8K in 2024. Individual grants have ranged from $500 to $3K, with an average award of $1K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$2K
Based on 4 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.
Lotus Creek Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in CA.
Lotus Creek Foundation has distributed a total of $24K across 23 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $3K.
Lotus Creek Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lotus Creek Foundation is headquartered in LOS ALTOS, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Zhao | President & CEO | $0 | $0 | N/A |
| Ying Liu | CFO | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$166K
Fair Market Value
$230K
Net Worth
$166K
Grants Paid
$8K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$11K
Total Grants
23
Total Giving
$24K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Uc BerkeleyDONATION | Berkeley, CA | $3K | 2024 |
| Santa Clara County LibraryDONATION | Campbell, CA | $1K | 2024 |
| Ca Fire FoundationDONATION | Sacramento, CA | $1K | 2024 |
| Palo Alto Medical FoundationDONATION | Palo Alto, CA | $1K | 2024 |
| UscDONATION | Los Angeles, CA | $1K | 2024 |
| Sillicon Valley Women AllianceDONATION | Forster City, CA | $500 | 2024 |
| Sutter HealthDONATION | Sacramento, CA | $1K | 2022 |
| University Of Southern CaliforniaDONATION | Los Angeles, CA | $500 | 2020 |