NonprofitsPacific Academy Foundation

Public & Societal Benefit

Pacific Academy Foundation

IRVINE, CA

Total revenue

$163K

Total expenses

$196K

Net assets

$157K

Grants received

$206K

5 grants

EIN

814028514

Tax year

2024

Mission

The Pacific Academy Foundation is a non-profit organization established in 2016 to help committed and talented students develop their abilities and adademic skills. The foundation provides youths, not limited to Pacific Academy students, with unique opportunities to hone their talents in performing arts and sports (such as competitions, performances, and master classes) and college preparation resources, while addressing their financial needs. The foundation's goal is talent search and development for underserved youths from the age of 6 to 20. During the pandemic, the Foundation revised the age requirement on financial support to no age limit.

Financials

FY 2024

Revenue

Contributions & grants$163K
Program service revenue
Investment income
Other revenue
Total revenue$163K

Expenses

Grants paid$52K
Salaries & benefits
Fundraising
Other expenses$144K
Total expenses$196K
Total assets$157K
Net assets$157K

People

8 listed

NameRoleCompensation

KELLY CHU

President

Board

15 hrs/wk

HAN-CHANG CHI

Vice President

Board

10 hrs/wk

ILENIA CHEN

Secretary

Board

8 hrs/wk

UMI GARRETT

Director

Board

0

TERESA TSENG

Director

Board

0

TIM CHENG

Director

Board

0

CHING LIU

Director

Board

0

ALLISON TO

Director

Board

0

Grants received

Showing 5 of 5

FromAmountPurposeYear
$50K
For grant recipient's exempt purposes
2023
$55K
For grant recipient's exempt purposes
2021
$55K
For grant recipient's exempt purposes
2021
$21K
For grant recipient's exempt purposes
2020
$25K
For grant recipient's exempt purposes
2019

Funded by

$206K from 1 funder · 5 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$206K · 5 grants · 2019–2023

Details

EIN814028514
NTEE codeW12
Subsection03
Ruling date2017-03
PACIFIC ACADEMY FOUNDATION — Mission, Financials & Grants Received | Grantivo