Nonprofit · EIN 27-1159623
LILY LAI FOUNDATION
Tax-exempt · SAN DIEGO, CA 92130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,040,996 | $1,451,587 | $1,589,409 | $31,653,160 | $4,466 | $31,648,694 |
| December 31, 2023 | 990-PF | $1,895,150 | $1,063,482 | $831,668 | $24,698,011 | $9,749 | $24,688,262 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $298,491
- Interest
- $1,403
- Net gain from sales of assets
- $2,741,102
Expenses
- Grants and similar amounts paid
- $1,405,000
- Disbursements for charitable purposes
- $1,405,000
- Excise tax on investment income
- $42,214
Balance sheet and other
- Total assets, start of year
- $24,698,011
- Total assets, end of year
- $31,653,160
- Total liabilities, end of year
- $4,466
- Net assets, end of year
- $31,648,694
- Fair market value of assets
- $31,653,160
- Qualifying distributions
- $1,405,000
- Net investment income
- $3,040,996
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Lai 4227 Mancilla Ct, San Diego, CA 92130 | President | 5 | $0 |
| Edwin Luwa 4227 Mancilla Ct, San Diego, CA 92130 | Secretary | 1 | $0 |
| Doreen Young 4227 Mancilla Ct, San Diego, CA 92130 | Treasurer | 1 | $0 |
| Antoinette Haskel 4227 Mancilla Ct, San Diego, CA 92130 | Director | 1 | $0 |
| Ching Huang 4227 Mancilla Ct, San Diego, CA 92130 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Lai 4227 Mancilla Ct, San Diego, CA 92130 | President | 5 | $0 |
| Edwin Luwa 4227 Mancilla Ct, San Diego, CA 92130 | Secretary | 1 | $0 |
| Doreen Young 4227 Mancilla Ct, San Diego, CA 92130 | Treasurer | 1 | $0 |
| Antoinette Haskel 4227 Mancilla Ct, San Diego, CA 92130 | Director | 1 | $0 |
| Ching Huang 4227 Mancilla Ct, San Diego, CA 92130 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4227 MANCILLA CT, SAN DIEGO, CA 92130-2203
- In care of
- % PHILIP J SULLIVAN
- Signed the 990-PF
- George Lai, President
- Phone
- (858) 537-7130
California records
California keeps its own records of charities and corporations. Search them by EIN 27-1159623 or by the name LILY LAI FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-1159623
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $31,653,160
- Income (IRS master file)
- $9,699,465
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,040,996 | $1,451,587 | $31,653,160 | IRS |
| 990-PF | December 2023 | $1,895,150 | $1,063,482 | $24,698,011 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1159623).
Questions about LILY LAI FOUNDATION
- What is the EIN of LILY LAI FOUNDATION?
- The employer identification number (EIN) of LILY LAI FOUNDATION is 27-1159623.
- Is LILY LAI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to LILY LAI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LILY LAI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LILY LAI FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LILY LAI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LILY LAI FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does LILY LAI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,040,996, expenses of $1,451,587 and total assets of $31,653,160 at year end.
Other nonprofits in SAN DIEGO
- THE SAN DIEGO FOUNDATION EIN 95-2942582 · last filed 990 for 2025
- JEWISH COMMUNITY FOUNDATION OF SAN DIEGO EIN 95-2504044 · last filed 990 for 2025
- ARAM AND LAILANI FOUNDATION EIN 33-2185493 · last filed 990-PF for 2025
- CONRAD PREBYS FOUNDATION EIN 20-3216993 · last filed 990-PF for 2024
- RADY CHILDRENS HOSPITAL FOUNDATION SAN DIEGO EIN 33-0170626 · last filed 990 for 2025
- RADY FOUNDATION EIN 85-0715670 · last filed 990-PF for 2025
- TORREY COAST FOUNDATION EIN 85-4224393 · last filed 990-PF for 2024
- KASPERICK FOUNDATION EIN 46-4363196 · last filed 990-PF for 2025
All nonprofits in SAN DIEGO · California · Philanthropy, voluntarism and grantmaking foundations