Education
The Peach Foundation
FOSTER CITY, CA
Total revenue
$2.0M
Total expenses
$1.2M
Net assets
$12.2M
Grants received
$2.0M
79 grants
EIN
912155836
Tax year
2024
Mission
Granting scholarships and educational funds to help children from the poorest parts of china and southeast asia with an opportunity to complete a college education. To help break the vicious cycle of poverty and to raise the educational standard of the regions in which the children live. See part iii & schedule o for details.
Programs
3 programs
Using 'teacher training funds' to purchase teaching materials and to conduct training seminars for schools located in the poorest regions of china in order to enhance the effectiveness of teaching. Schools in china received teaching materials and/or held seminars using the teacher training funds in 2024. See attachment a, schedule to form 990 part iii for reference. Using 'library funds' to purchase books for schools located in the poorest regions of china. Schools received books bought with the library funds in 2024. See attachment a, schedule to form 990 part iii for reference. Using 'student magazine funds' to publish the foundation's magazine, peacher, which collects articles from scholarship recipients and serves as a vehicle for them to share ideas and enhance writing skills. See attachment a, schedule to form 990 part iii for reference. Using 'myanmar project funds', 'thailand project funds', and 'cambodia project funds' to help the poorest children to obtain education from middle schools to colleges and train teachers to obtain better teaching skills. See attachment a, schedule to form 990 part iii for reference.
Using 'student medical funds' for physical examinations and medical treatments deemed necessary for those scholarship recipients who cannot afford the expenses themselves. See attachment a, schedule to form 990 part iii for reference.
Payroll and office expenses allocated to programs.
Financials
FY 2024
Revenue
Expenses
People
5 listed
RUTH JENG
PRESIDENT
$50K
40 hrs/wk
ANLI CHAO
SECRETARY
—
30 hrs/wk
LINDA LIM
TREASURER
—
EMILY MANN
DIRECTOR
—
10 hrs/wk
CLARA YU
DIRECTOR
—
Grants received
Showing 79 of 79
Funded by
$2.0M from 24 funders · 79 grants · 2017–2024
$570K · 4 grants · 2020–2024
$443K · 8 grants · 2017–2023
$297K · 7 grants · 2017–2023
$290K · 6 grants · 2019–2024
$145K · 4 grants · 2021–2024
$56K · 4 grants · 2020–2024
$29K · 5 grants · 2018–2023
$27K · 3 grants · 2018–2024