NonprofitsFangcao Reading Circle

International, Foreign Affairs & National Security

Fangcao Reading Circle

PALO ALTO, CA

Total revenue

$37K

Total expenses

$39K

Net assets

$10K

Grants received

$591K

13 grants

EIN

464278823

Tax year

2023

Mission

Operate a mobile Chinese children library. And donate class libraries to the schools in the remote area in China.

Financials

FY 2023

Revenue

Contributions & grants$37K
Program service revenue
Investment income
Other revenue
Total revenue$37K

Expenses

Grants paid$38K
Salaries & benefits
Fundraising
Other expenses$864
Total expenses$39K
Total assets$10K
Net assets$10K

People

3 listed

NameRoleCompensation

{"_":"Sharlene Wang","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Secretary

Board

1 hrs/wk

{"_":"Xunyan Yang","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasure

Board

2 hrs/wk

{"_":"Julie Liao","attributes":{"referenceDocumentName":"CompensationExplanation"}}

President

Board

40 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$2K
SETTING UP LIBRARY FOR UNDERPRESENTED SCHOOLS
2023
$850
General Support
2023
$200
To provide the power of reading to the children who are learning Chinese in the US and to the children in the remote rural areas of China.
2021
$500K
CHARITY
2020
$20K
UNRESTRICTED GENERAL SUPPORT
2020
$430
FANGCAO READING CIRCLE WAS ESTABLISHED AS A CALIFORNIA PUBLIC BENEFIT CORPORATION AND RECOGNITION OF EXEMPTION UNDER IRC 501(C)(3). OUR MISSION IS TO PROVIDE THE POWER OF READING TO THE CHILDREN WHO ARE LEARNING CHINESE IN THE U.S. AND TO THE CHILDREN IN THE REMOTE RURAL AREAS OF CHINA.
2020
$412
MATCHING GRANTS
2020
$6K
INTERNATIONAL, FOREIGN AFFAIRS
2019
$810
GENERAL DONATION
2017

Funded by

$591K from 11 funders · 13 grants · 2017–2023

Enlight Foundation

$500K · 1 grant · 2020

American Online Giving Foundation Inc

$59K · 3 grants · 2019–2021

James and Jessie Jia Foundation

$2K · 1 grant · 2023

Yu And Wei Foundation

$850 · 1 grant · 2023

Hsiaoliu Family Foundation

$810 · 1 grant · 2017

Details

EIN464278823
NTEE codeQ12
Subsection03
Ruling date2014-09
FANGCAO READING CIRCLE — Mission, Financials & Grants Received | Grantivo