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Simon And Nikki Yu Family Foundation Inc. is a private corporation based in FOREST HILLS, NY. The foundation received its IRS ruling in 2022. The principal officer is Simon Yu. It holds total assets of $1.1M. Annual income is reported at $248K. Total assets have grown from $285K in 2021 to $659K in 2022. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2022 to 2023. According to available records, Simon And Nikki Yu Family Foundation Inc. has made 13 grants totaling $28K, with a median grant of $1K. Annual giving has decreased from $17K in 2022 to $12K in 2023. Individual grants have ranged from $360 to $6K, with an average award of $2K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New York and Washington. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Simon And Nikki Yu Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, WA.
Simon And Nikki Yu Family Foundation Inc. has distributed a total of $28K across 13 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $360 to $6K.
Simon And Nikki Yu Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (874104684) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Simon And Nikki Yu Family Foundation Inc. is headquartered in FOREST HILLS, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Simon Yu | CEO | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$659K
Fair Market Value
$677K
Net Worth
$659K
Grants Paid
$12K
Contributions
$400K
Net Investment Income
$8K
Distribution Amount
$33K
Total: $241K
Total Grants
13
Total Giving
$28K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| True Buddha Diamond Temple Of NyCharitable | Flushing, NY | $6K | 2023 |
| New York College Of Traditional Chinese MedicineEducational | Mineola, NY | $5K | 2023 |
| Rainbow TempleCharitable | North Bend, WA | $500 | 2023 |
| Ling Shen Ching Tze TempleCharitable | Redmond, WA | $500 | 2022 |
| The Budddhist Association Of The UsCharitable | Carmel, NY | $360 | 2022 |