Public Charity

USTC INITIATIVE FOUNDATION

Based in Pasadena, CA, USTC INITIATIVE FOUNDATION operates as a Public Charity. The organization reported $939K in revenue, $109K in expenses, $4.9M in total assets for fiscal year 2024. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $2.6M.

EIN: 274542683 Pasadena, CA Latest filing: 2024
Total Revenue$939K
Total Expenses$109K
Total Assets$4.9M
Grant Records16
Funding Total$2.6M
Filing Years2020–2024

Mission

To further relationship that would benefit and enrich the academic communities of Asians and Asian Americans in the U.S.A. and in Asia by: (a) providing support for academic communities, including universities, colleges, academic institutions, and affiliate entities, students, faculties and friends; (b) promoting academic and cultural exchange between academic institutions in the U.S.A. and Asia; (c) promoting and inspiring Asian and Asian Americans' excellence in industries.

Sample Grants Received

2024
For grant recipient's exempt purposes
$414,700
$22,531
2023
For grant recipient's exempt purposes
$436,500
$11,048
2022
For grant recipient's exempt purposes
$312,600

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

Secretary Haoying Sun
President Hua Jiang
Chief Financial Officer Lei Zhang
Director Long Yu
Director Ou Chen

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$2,414,592 8 grants
GENERAL SUPPORT
$156,431 6 grants
INTERNATIONAL
$10,000 1 grant
CHARITABLE
$5,036 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $939K $109K $4.9M
2023 $1.7M $1.2M $4.1M
2022 $1.2M $882K $3.6M
2021 $511K $53K $3.2M
2020 $481K $60K $2.7M

Between 2020 and 2024, reported annual revenue grew from $481K to $939K (+95%), with total assets most recently reported at $4.9M.

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

See the full picture for USTC INITIATIVE FOUNDATION

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