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Riverofsun Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2007. The principal officer is Miaoching Chu. It holds total assets of $136K. Annual income is reported at $7K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Riverofsun Foundation has made 8 grants totaling $17K, with a median grant of $2K. Annual giving has decreased from $4K in 2020 to $2K in 2023. Grantmaking activity was highest in 2022 with $8K distributed across 4 grants. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
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.
Riverofsun Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in CA.
Riverofsun Foundation has distributed a total of $17K across 8 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $3K.
Riverofsun Foundation typically selects its grantees rather than accepting unsolicited proposals.
Riverofsun Foundation is headquartered in PALO ALTO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Miaoching Chu | President & CEO | $0 | $0 | N/A |
| Hsien-Ming Ma | CFO | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$136K
Fair Market Value
$123K
Net Worth
$136K
Grants Paid
$2K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$745
Total Grants
8
Total Giving
$17K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| River Of Life Christian ChurchTo build a glorious church through praise & worship, Holy Spirit renewal, cell church and global impact. | Santa Clara, CA | $2K | 2023 |
| Genesis Chinese Writing Ministry InTo carry out the vision of Christian Writing Ministry, by providing a spiritual environment for writers called to service, holding various workshops to honor the writers craft, or simply training people to weave a Christian perspective. | Hacienda Heights, CA | $1K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA