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Sbcv Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2020. It holds total assets of $1.7M. Annual income is reported at $857K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sbcv Foundation has made 2 grants totaling $222K, with a median grant of $111K. Annual giving has decreased from $221K in 2022 to $1K in 2023. Individual grants have ranged from $1K to $221K, with an average award of $111K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Sbcv Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CA.
Sbcv Foundation has distributed a total of $222K across 2 grants. The median grant size is $111K, with an average of $111K. Individual grants have ranged from $1K to $221K.
Sbcv Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sbcv Foundation is headquartered in SARATOGA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wei Yao | CEO | $0 | $0 | $0 |
| Hsing-Faye Chang | Secretary | $0 | $0 | $0 |
Total Giving
$2K
Total Assets
$979K
Fair Market Value
$2.6M
Net Worth
$955K
Grants Paid
$0
Contributions
$159K
Net Investment Income
$23K
Distribution Amount
$85K
Total: $766K
Total Grants
2
Total Giving
$222K
Average Grant
$111K
Median Grant
$111K
Unique Recipients
2
Most Common Grant
$221K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mbsk FoundationFor improve education opportunities for low income; support children and elderly;support animal and environmental programs for direct rescue, education programs, animal sanctuaries and animal shelter. | Saratoga, CA | $221K | 2022 |
| Guan Yin Buddhist Lotus SocietyTo promote Buddhist Spiritual Development. | Union City, CA | $1K | 2023 |
| 2020 | 990PF | View |
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