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M E Charitable Foundation is a private corporation based in LOS ALTOS, CA. The foundation received its IRS ruling in 2000. The principal officer is % Rosalina Lue. It holds total assets of $1.5M. Annual income is reported at $34K. Financial support for charitable organizations benefitting the community including related adminstrative expenses. According to available records, M E Charitable Foundation has made 24 grants totaling $176K, with a median grant of $4K. Annual giving has grown from $50K in 2020 to $105K in 2022. Individual grants have ranged from $500 to $40K, with an average award of $7K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in California, Ohio, Indiana, which account for 75% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
No programrelated investments were made during the year community including related adminstrative expenses
Financial support for charitable organizations benefitting the community including related adminstrative expenses. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in CA, OH, IN.
M E Charitable Foundation has distributed a total of $176K across 24 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $500 to $40K.
M E Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
M E Charitable Foundation is headquartered in LOS ALTOS, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fortunata Q Andrada | Treasurer | $2K | $0 | $2K |
| Iraida Q Devera | Secretary | $2K | $0 | $2K |
| Joanne Q Nguyen | Director | $2K | $0 | $2K |
| Rosalina Q Lue | President | $0 | $0 | $0 |
Total Giving
$149K
Total Assets
$1.5M
Fair Market Value
$1.7M
Net Worth
$1.5M
Grants Paid
$120K
Contributions
$0
Net Investment Income
$153K
Distribution Amount
$80K
Total: $1.4M
Total Grants
24
Total Giving
$176K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
20
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MercurySupport of Other Charitable Organizations | San Jose, CA | $10K | 2022 |
| Bank Of The PhilippSupport of Other Charitable Organizations | South San Francisco, CA | $25K | 2022 |
| University Of The PacificSupport of Other Charitable Organizations | Stockton, CA | $20K | 2022 |
| Diocese Of San JoseSupport of Other Charitable Organizations | San Jose, CA | $10K | 2022 |
| Sisters Of The Holy NamesSupport of Other Charitable Organizations |
PARADISE VLY, AZ
FREDERICKSBRG, VA
SUMMERSVILLE, WV
NE HARBOR, ME
BROOKLYN, NY
| Campbell, CA |
| $10K |
| 2022 |
| Silicon Valley SponsoringSupport of Other Charitable Organizations | Los Altos, CA | $10K | 2022 |
| St Simon ChurchSupport of Other Charitable Organizations | Indianapolis, IN | $5K | 2022 |
| Future ChurchSupport of Other Charitable Organizations | Cleveland, OH | $3K | 2022 |
| St Simon ParishSupport of Other Charitable Organizations | Los Altos, CA | $3K | 2022 |
| Sisters Of The Holy NameSupport of Other Charitable Organizations | Los Gatos, CA | $3K | 2022 |
| Center For Actio CacSupport of Other Charitable Organizations | Albuquerque, NM | $1K | 2022 |
| Voice Of The FaithfulSupport of Other Charitable Organizations | Needham, MA | $1K | 2022 |
| Sacred Heart CommunitySupport of Other Charitable Organizations | San Jose, CA | $1K | 2022 |
| Law Foundation Of SvSupport of Other Charitable Organizations | San Jose, CA | $1K | 2022 |
| Henri Nouwen SocietySupport of Other Charitable Organizations | Saint Louis, MO | $1K | 2022 |
| Bacar IncSupport of Other Charitable Organizations | San Jose, CA | $1K | 2022 |
| Notre Dame High School San JoseGeneral support | San Jose, CA | $10K | 2021 |
| Mercury Drug FoundationGeneral Support | Lungsod Quezon | $4K | 2021 |
| Partners In ChristGeneral Support | Ashland, OH | $4K | 2021 |
| Retirement Fund For ReligiousGeneral support | Washington, DC | $500 | 2021 |
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