Program areas at Innovart Foundation
Since large funding came in only at the end of the year, no significant activitivity was conducted in the year.
Youth art and drama activities - purchased equipment and provided grants to local middle school drama program; organized local youths for valentine card writing activity for community senior center; provide workshop and training to local high school students for mosaic artworks for school and community senior center
Youth mentoring activities - provide grants to local npo and schools offers mentoring programs; provide grants to local high school and university for outstanding community services.
Underserved children support activities - provided grants to local literacy program and non-profit organizations serve and inspire children with financial hardship and disadvantage.
Grants made by Innovart Foundation
Personnel at Innovart Foundation
| Name | Title | Compensation | Date of data |
|---|
| Maggie Tsai | Chief Executive Officer | $0 | 2023-10-13 |
| Carol Zhang | Chief Financial Officer and Treasurer | $0 | 2022-12-31 |
Financials for Innovart Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $1 | -100% |
| Investment income and dividends | $7,867 | $5,062 | 55.4% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-38,138 | $2,805 | -1459.6% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $-30,271 | $7,868 | -484.7% |
Data update history
November 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 25, 2023
Updated personnel
Identified 1 new personnel
May 14, 2023
Used new vendors
Identified 1 new vendor, including
October 23, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human servicesChildren
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 13220 Peacock CT
- Cupertino, CA 95014
- Metro area
- San Jose-Sunnyvale-Santa Clara, CA
- County
- Santa Clara County, CA
- Phone
- (408) 799-0630
IRS details
- EIN
- 47-1412108
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0215969
- FTB Entity ID
- 3687668
- AB 488 data last updated ("as-of") date
- 2024-12-31
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