Gbc International Bank Foundation
Gbc International Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $981K in total assets. In 2024, it awarded 16 grants totaling $57K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$981K
-5.4% YoY
Annual Giving
$57K
-12.3% YoY
Grant Count
16
+14.3% YoY
Avg Grant Size
$4K
-23.3% YoY
Under IRS private-foundation payout rules, Gbc International Bank Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About Gbc International Bank Foundation
Based on IRS filings
Gbc International Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $981K in total assets. In 2024, it awarded 16 grants totaling $57K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $981,325 | $1,037,331 | $1,101,583 |
| Revenue | $5,784 | $1,088 | $181,067 |
| Expenses | $61,790 | $65,340 | $50,010 |
| Qualifying Distributions | $61,775 | $65,340 | $50,010 |
| Net Investment Income | $1,034 | $1,088 | $1,067 |
| Distributable Amount | $50,982 | $53,678 | $48,074 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Apa Family Support Services ($12,000), Herald Family Center ($9,000), Educare Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APA FAMILY SUPPORT SERVICES SAN FRANCISCO, CA | EDUCATION/ELDERLY/HEALTH | $12,000 |
| ASIAN PACIFIC COMMUNITY FUND LOS ANGELES, CA | EDUCATION | $1,000 |
| BOYS AND GIRLS CLUB OF WEST SAN GABRIEL VALLEY MONTEREY PARK, CA | EDUCATION | $1,000 |
| EDUCARE FOUNDATION VAN NUYS, CA | EDUCATION | $5,000 |
| ENTREPRENEUR EDUCATIONAL CENTER INC GARDENA, CA | EDUCATION | $5,000 |
| GRANDMA'S HOUSE OF HOPE ANAHEIM, CA | ELDERLY/HEALTH | $3,000 |
| HERALD FAMILY CENTER SAN GABRIEL, CA | EDUCATION | $9,000 |
| JUNIOR ACHIEVEMENT OF SOUTHERN CAL LOS ANGELES, CA | EDUCATION | $3,000 |
| LOS ANGELES EDUCATIONAL PARTNERSHIP LOS ANGELES, CA | EDUCATION | $5,000 |
| UNITE-LA INC LOS ANGELES, CA | EDUCATION | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENNIS LAM | PRESIDENT | 1 | — |
| LINDA HALEY | DIRECTOR | 1 | — |
| CHARLES KENNY | DIRECTOR | 1 | — |
| RICHARD HOLMES | CFO | 1 | — |
| ANNIE PAN | EXECUTIVE | 1 | — |
| CALVIN LAM | EXECUTIVE | 1 | — |
| BEN LEE | SVP | 1 | — |
| ELAINE WU | FVP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gbc International Bank Foundation?
Gbc International Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $981K in total assets as of 2024.
How large is Gbc International Bank Foundation?
As of 2024, Gbc International Bank Foundation holds $981K in total assets with $6K in annual revenue. It awarded 16 grants totaling $57K in 2024.
Where does Gbc International Bank Foundation operate?
Gbc International Bank Foundation has awarded grants in California, Washington.
What size grants does Gbc International Bank Foundation award?
In 2024, Gbc International Bank Foundation awarded 16 grants totaling $57K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Gbc International Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gbc International Bank Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gbc International Bank Foundation's EIN?
Gbc International Bank Foundation's EIN (Employer Identification Number) is 46-3746738. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gbc International Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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