2025-03-24T13:27:07-04:00 2024-12-31 990EZ 2024-01-01 921725247 Yenching Foundation % Zhen Zhu YENC 6503538850 4 PEDDLERS ROW UNIT 300 NEWARK DE 19702 Zhen Zhu President & Director 2025-03-25 false 2024 2025-03-06 01:10:19Z X X X 155990 X 155990 0 0 0 155990 74 7576 7650 148340 -3651 0 144689 X 0 144689 0 144689 3651 0 -3651 144689 Yenching Foundation the Organization will faciliate cultural exchanges between US and Chinese college students. Specifically the Organization will find opportunities in the US for Chinese students to come in the summer and get a cultural experience in the United States and it will also find opportunities for US students to get a cultural experience in China. The Organization hopes to promote an academic and cultural exchange between U.S. students interested in learning about China and Chinese students interested in studying abroad in and learning about the U.S. In 2024 the Yenching Foundation focused on foundational development to support its mission of facilitating cultural and academic exchange between U.S. and Chinese college students. The organization concentrated on strategic fundraising and planning to support future programs that will bring Chinese students to the U.S. for summer cultural experiences and similarly create opportunities for U.S. students to experience China. Board members convened in person to develop partnerships refine the organizations programming strategy and build relationships with future host institutions and sponsors. These efforts lay the groundwork for launching cross-cultural exchange programs beginning in 2025. 0 7167 7167 Zhen Zhu PRESIDENT & DIRECTOR 10 0 0 0 Guowei Zhu SECRETARY & DIRECTOR 10 0 0 0 Jian Yang TREASURER & DIRECTOR 10 0 0 0 false false false false false false false false false Zhen Zhu 4 PEDDLERS ROW UNIT 300 NEWARK DE 19702 6503538850 false false false false false false false false false false false NONE NONE true X 0 0 0 0 155990 155990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155990 155990 149750 6240 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155990 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I, line 16 | Other Expenses:, Amount:| Bank Fees general financial fees, $15.00| Software & Apps Office expenses, $418.00| State Taxes & Filing Fees, $50.00| Airfare Travel for board meeting, $3625.00| Hotels travel for board meeting, $3468.00| Part II, line 26 | Liabilities Name:, BOY Amount:, EOY Amount:| Retained earnings, $3651, 0| Expenses (Part I),line 16 | Explanation:| The organization incurred $7,166.70 in expenses during the year. These expenses were primarily related to legal and travel costs. Legal fees supported the organizations compliance and registration efforts. Travel costs covered in-person board meetings and fundraising outreach activities in support of future program development. Program Service Accomplishments (Part III),line 31 | Explanation:| Yenching Foundation facilitates cultural exchanges between U.S. and Chinese college students. Specifically the organization identifies opportunities in the United States for Chinese students to visit in the summer for cultural experiences and similarly creates opportunities for U.S. students to engage with Chinese culture through short-term programs. The Foundations goal is to promote mutual understanding and academic exchange between students in both countries. Program Service Accomplishments (Part III),line 28 | Explanation:| In 2024 the Yenching Foundation focused on organizational development to support its mission. This included strategic fundraising and planning activities to lay the groundwork for future cross-cultural exchange programs. Board members met in person to align on programming build partnerships and develop relationships with host institutions and potential funders. These foundational efforts are expected to enable the launch of direct student exchange activities in 2025.