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Tsern Foundation is a private corporation based in SAN FRANCISCO, CA. The foundation received its IRS ruling in 2003. The principal officer is John Tsern. It holds total assets of $47K. Annual income is reported at $85K. Total assets have decreased from $96K in 2011 to $47K in 2023. 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 2016 to 2023. According to available records, Tsern Foundation has made 30 grants totaling $419K, with a median grant of $10K. Annual giving has decreased from $339K in 2022 to $80K in 2023. Individual grants have ranged from $500 to $36K, with an average award of $14K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in California, Florida, Nevada, which account for 80% of all grants. Grantmaking reaches organizations across 6 states. 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.
Tsern Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CA, FL, NV.
Tsern Foundation has distributed a total of $419K across 30 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $500 to $36K.
Tsern Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tsern Foundation is headquartered in SAN FRANCISCO, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Tsern | VICE PRESIDE | $0 | $0 | N/A |
| Gayle Tsern Strang | PRESIDENT | $0 | $0 | N/A |
| Ely Tsern | SECRETARY | $0 | $0 | N/A |
| Micah Tsern | TREASURER | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$47K
Fair Market Value
$47K
Net Worth
$47K
Grants Paid
$80K
Contributions
$85K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
30
Total Giving
$419K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Flm FoundationTO HELP THE LESS FORTUNATE | Brookhaven, GA | $2K | 2022 |
| Usa Care Ministries InternationalGENERAL OPERATING BUDGET | El Monte, CA | $20K | 2023 |
| California CrosspointBUILDING FUND AND SCHOLARSHIP | Hayward, CA | $20K | 2023 |
| ApuSCHOLARSHIP | Azusa, CA | $20K | 2023 |
| Truth Theological SeminaryGENERAL OPERATING BUDGET | Arcadia, CA | $10K | 2023 |
| China Source - Christian MissionsSCHOLARSHIP AND GENERAL OPERATIONS | Chino Hills, CA | $5K | 2023 |
| Christian Seminary SchoolSCHOLARSHIP AND GENERAL OPERATIONS | West Covina, CA | $5K | 2023 |
| International Care MinistriesTO HELP THE LESS FORTUNATE | St Augustine, FL | $30K | 2022 |
| New Beginnings MinistriesTO HELP THE LESS FORTUNATE | Las Vegas, NV | $28K | 2022 |
| Logos Theological SeminaryTO HELP THE LESS FORTUNATE | El Monte, CA | $10K | 2022 |
| Renascense Rsi PtoTO HELP THE LESS FORTUNATE | Costa Mesa, CA | $10K | 2022 |
| Thornton FundTO HELP THE LESS FORTUNATE | Boston, MA | $10K | 2022 |
| AapaTO HELP THE LESS FORTUNATE | Alexandria, VA | $10K | 2022 |
| Los Angeles Good News ChurchTO HELP THE LESS FORTUNATE | Temple City, CA | $5K | 2022 |
| Joshua ChenTO HELP THE LESS FORTUNATE | Los Altos, CA | $3K | 2022 |
| Grace ChapelTO HELP THE LESS FORTUNATE | Las Vegas, NV | $500 | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA