Nonprofit · EIN 47-5518505
GRACE & JOY HERITAGE FOUNDATION
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $125,846 | $181,061 | -$55,215 | $671,488 | $56,298 | $615,190 |
| September 30, 2024 | 990-PF | $59,051 | $98,952 | -$39,901 | $725,319 | $54,914 | $670,405 |
| September 30, 2023 | 990-PF | $40,342 | $171,745 | -$131,403 | $766,702 | $56,396 | $710,306 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $29,530
- Interest
- $12
- Net gain from sales of assets
- $96,304
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $173,287
- Excise tax on investment income
- $1,641
Balance sheet and other
- Total assets, start of year
- $725,319
- Total assets, end of year
- $671,488
- Total liabilities, end of year
- $56,298
- Net assets, end of year
- $615,190
- Fair market value of assets
- $1,036,209
- Qualifying distributions
- $173,287
- Net investment income
- $125,846
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH Y CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | PRESIDENT & CEO | 2 | $0 |
| GRACIE L CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | SECRETARY | 2 | $0 |
990-PF for the year ended September 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH Y CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | PRESIDENT & CEO | 2 | $0 |
| GRACIE L CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | SECRETARY | 2 | $0 |
990-PF for the year ended September 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH Y CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | PRESIDENT & CEO | 2 | $0 |
| GRACIE L CHEN 667 PRINCESS PLACE, MILPITAS, CA 95035 | SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 667 PRINCESS PL, MILPITAS, CA 95035-3443
- Signed the 990-PF
- GRACIE L CHEN, SECRETARY
- Phone
- (408) 996-7772
- Return prepared by
- ERIC ZHANG & ASSOCIATES LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 47-5518505 or by the name GRACE & JOY HERITAGE 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 47-5518505
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2016
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $671,488
- Income (IRS master file)
- $373,020
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $125,846 | $181,061 | $671,488 | XML |
| 990-PF | September 2024 | $59,051 | $98,952 | $725,319 | XML |
| 990-PF | September 2023 | $40,342 | $171,745 | $766,702 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 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 47-5518505).
Questions about GRACE & JOY HERITAGE FOUNDATION
- What is the EIN of GRACE & JOY HERITAGE FOUNDATION?
- The employer identification number (EIN) of GRACE & JOY HERITAGE FOUNDATION is 47-5518505.
- Is GRACE & JOY HERITAGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to GRACE & JOY HERITAGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does GRACE & JOY HERITAGE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRACE & JOY HERITAGE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE & JOY HERITAGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of GRACE & JOY HERITAGE FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does GRACE & JOY HERITAGE FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $125,846, expenses of $181,061 and total assets of $671,488 at year end.
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