Public Charity

THE AMERICAN FOUNDATION FOR CHINESE MEDICINE INC

THE AMERICAN FOUNDATION FOR CHINESE MEDICINE INC is a Public Charity headquartered in LONG ISLAND CITY, NY. Financial data from the 2022 filing: $131K revenue, $94K expenses, $1.5M total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $300K.

EIN: 134015489 LONG ISLAND CITY, NY Latest filing: 2022
Total Revenue$131K
Total Expenses$94K
Total Assets$1.5M
Grants Given6
Grant Total$300K
Filing Years2018–2022

Mission

TO ADVANCE THE KNOWLEDGE OF CHINESE MEDICINE THROUGH EDUCATION AND SCIENTIFIC RESEARCH.

Where $100 goes at The American Foundation for Chinese Medicine Inc

How The American Foundation for Chinese Medicine Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$53
To support collaborative research with the breast center, maimonides medical center in brooklyn, ny on a research project on chinese herbs in the management of breast cancer
54% of program spending
$26
To support research grant entitled "management of chronic diseases and cancer with chinese herbal medicine"
26% of program spending
$20
To support all aspects of research operation in the foundation
20% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Ayaji Moritomi
Treasurer Christina Hom
President George Wong
Secretary Vicki Tiel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$300,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2022 $131K $94K $1.5M
2021 $109K $85K $1.3M
2020 $149K $92K $1.2M
2019 $161K $112K $1.1M
2018 $71K $111K $1.1M

Between 2018 and 2022, reported annual revenue grew from $71K to $131K (+84%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

NY

Full geographic grant map with state-by-state breakdown available with membership.

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