EIN 91-2155836

The Peach Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2001
Most recent tax filings
2023-12-01
Description
The Peach Foundation is located in Foster City, CA and uses 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. 153 schools in China received teaching materials and/or he.
Total revenues
$1,885,180
2023
Total expenses
$1,253,499
2023
Total assets
$10,720,702
2023
Num. employees
2
2023

Program areas at The Peach Foundation

Grant scholarships to students in The poorest regions of china, mainly to sponsor their middle/high school and college tuition fees. Exceptions may be made for elementary-level students under special circumstance. 2946 students received The scholarships during 2023. See attachement a, schedule to form 990 part iii for reference and attach b, supplemental information to form 990 part iii, line 4a for recipient detail.
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.
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 2023. 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 2023. 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.
Payroll and office expenses allocated to programs.

Who funds The Peach Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$106,100
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$53,175
American Online Giving FoundationGeneral Support$46,262
...and 15 more grants received

Personnel at The Peach Foundation

NameTitleCompensation
Joe HeVice Manager
Tina HongManager
Linda LimBoard$0
Anli ChaoBoard , Chair of the Taiwan Chapter , Peach Education Association$0
Ruth JengChairperson of Board , Founder$50,000
...and 1 more key personnel

Financials for The Peach Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,662,507
Program services$0
Investment income and dividends$259,680
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-37,007
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,885,180

Form 990s for The Peach Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-21990View PDF
2022-122023-10-19990View PDF
2021-122022-09-28990View PDF
2020-122021-11-10990View PDF
2019-122021-03-31990View PDF
...and 11 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 4 new grant, including a grant for $16,500 from Fongsong Life Foundation
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 25, 2024
Received grants
Identified 3 new grant, including a grant for $8,325 from The Melanie Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $46,262 from American Online Giving Foundation
January 3, 2024
Received grants
Identified 4 new grant, including a grant for $38,159 from PayPal Giving Fund
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
EducationForeign affairsInternational development
Characteristics
Operates internationallyTax deductible donationsAccepts online donations
General information
Address
1098 Marlin Ave
Foster City, CA 94404
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
peachfoundationusa.org/servlet/peachweb?action=display&page=/english 
Phone
(650) 525-1188
IRS details
EIN
91-2155836
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
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
120636
FTB Entity ID
2359332
AB 488 data last updated ("as-of") date
2024-12-31
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