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Sky Lantern Foundation is a private corporation based in LONG BEACH, CA. The foundation received its IRS ruling in 2017. The principal officer is Paul P Lin. It holds total assets of $1.5M. Annual income is reported at $1.7M. Total assets have grown from $915K in 2019 to $1.5M in 2024. The foundation is governed by 4 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 2017 to 2024. Grantmaking is concentrated in California. According to available records, Sky Lantern Foundation has made 8 grants totaling $130K, with a median grant of $8K. The foundation has distributed between $30K and $50K annually from 2021 to 2023. Individual grants have ranged from $5K to $45K, with an average award of $16K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$17K
Largest Grant
$40K
Based on 3 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.
Sky Lantern 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.
Sky Lantern Foundation has distributed a total of $130K across 8 grants. The median grant size is $8K, with an average of $16K. Individual grants have ranged from $5K to $45K.
Sky Lantern Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sky Lantern Foundation is headquartered in LONG BEACH, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mei Ying Lin | VICE PRESIDENT | $0 | $0 | N/A |
| Jack P Lin | SECRETARY | $0 | $0 | N/A |
| Paul P Lin | CHIEF FINANCIAL OFFICER | $0 | $0 | N/A |
| Wen Chung Lin | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$130K
Average Grant
$16K
Median Grant
$8K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Torrance Memorial FoundationIN SUPPORT OF ACTIVITIES TO IMPROVE OVERALL ENVIRONMENT OF THE HOSPITAL PROMOTING PATIENT HEALTH. | Torrance, CA | $40K | 2023 |
| South Coast Botanic GardenSOUTH COAST BOTANIC GARDEN IS 87 ACRES DEVELOPED OVER A LANDFILL. FINANCIAL SUPPORT FOR THE ORGANIZATION'S MISSION TO CONTINUE TO RESTORE THE LANDFILL AND CONNECT ALL TO THE WONDERS OF NATURE AND CREATE EXPERIENCES THAT INSPIRE STEWARDSHIP AND SUSTAINABILITY. | Palos Verdes Estates, CA | $5K | 2023 |
| Evangelical Formosan Church General AsssemblyFINANCIAL SUPPORT FOR THE CHRISTIAN CHURCH TO PLANT CHURCHES ALL AROUND THE WORLD. THE CHURCH HAS EVOLVED INTO A MULTI LINGUAL, MULTI CULTURAL, AND MULTI GENERATIONAL CHURCH. | El Monte, CA | $5K | 2023 |
| Kuang-Min Buddhist AssociationIN SUPPORT OF ACTIVITIES RELATED TO BUDDHIST. | Pasadena, CA | $5K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA