EIN 27-1159623

Lily Lai Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2011
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Lily Lai Foundation primarily funds program and general support for various initiatives, including the Salk Cancer Center program, Preuss School program, Moores Cancer Center program, FBO Voices for Children, and FBO Reality Changers. It supports grantees such as Focusing Philanthropy and made 24 grants last year. The foundation operates as a family foundation of the LAI family and is located in San Diego, CA.
Total revenues
$1,895,150
2023
Total expenses
$1,063,482
2023
Total assets
$24,698,011
2023
Num. employees
0
2023

Grants made by Lily Lai Foundation

GranteeGrant descriptionAmount
Focusing PhilanthropyFbo Voices for Children$130,000
Library Foundation SDProgram/general Support$100,000
Uc San Diego FoundationMoores Cancer Center Program$100,000
...and 19 more grants made totalling $898,000

Personnel at Lily Lai Foundation

NameTitleCompensation
George LaiPresident$0

Financials for Lily Lai Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$584
Investment income and dividends$253,225
Net rental income$0
Net gain from sale of non-inventory assets$1,641,341
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,895,150

Form 990s for Lily Lai Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-20990PFView PDF
2022-122023-11-12990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-09-28990PFView PDF
2019-122021-06-10990PFView PDF
...and 9 more Form 990s
Data update history
November 28, 2024
Posted financials
Added Form 990PF for fiscal year 2023
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 13, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
4227 Mancilla CT
San Diego, CA 92130
Metro area
San Diego-Chula Vista-Carlsbad, CA
County
San Diego County, CA
Phone
(858) 537-7130
IRS details
EIN
27-1159623
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate 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
CT0173266
FTB Entity ID
3257925
AB 488 data last updated ("as-of") date
2024-12-04
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