Love & Belove Foundation

Private foundation · Grantmaker Cupertino, CA EIN: 46-0751057

Love & Belove Foundation is a private foundation, based in Cupertino, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 1 grant totaling $80K. Net investment income was $1.

Love & Belove Foundation at a glance

In short: Love & Belove Foundation gave $80K across 1 grant in 2024 (avg $80K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$79,956
-42.7% vs 2023
Grants made (2024)
1
Average grant
$79,956
Median grant
$79,956
Total assets
$5,674
+43.9% vs 2023
Primary geography
Virginia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Love & Belove Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The Christian Broadcasting Network: $80KThe Christian BroadcastingNetwork$80K

The largest 2024 recipient was The Christian Broadcasting Network ($80K).

Grant Size Distribution

1 grant across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Virginia Beach

How Love & Belove Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 0 grants2021 Total only2022 Total only2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $40K (2022) to $140K (2023). In 2024 it made 1 grant totaling $80K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Christian Broadcasting Network Virginia Beach, VATo prepare the United States of America and the nations of the world for the coming of Jesus Christ and the establishment of the Kingdom of God on Earth. 800 comforters were gifted.$79,956
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$5,674$84,001$82,270$79,9561$82,270$1$173
2023$3,943$141,502$142,333$139,642Total only$142,333$2$493
2022$4,774$45,001$44,115$39,579Total only$44,115$1$330
2021$3,888$3$2,620———$3$236
2020$6,505$9$997———$9$335

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Under IRS private-foundation payout rules, Love & Belove Foundation reported a distributable amount of $173 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Love & Belove Foundation is led by Jing Chen, President & CEO on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Jing Chen

    President & CEO

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Love & Belove Foundation

How much does Love & Belove Foundation give each year?

Love & Belove Foundation gave $80K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it reported $140K in grants paid.

How large is Love & Belove Foundation?

Love & Belove Foundation reported $6K in total assets on its 2024 IRS Form 990-PF. It paid out $82K in qualifying distributions that year, against a required minimum of $173 (roughly 5% of its investment assets).

Where does Love & Belove Foundation operate?

Love & Belove Foundation has awarded grants in Virginia.

What is Love & Belove Foundation's EIN?

Love & Belove Foundation's EIN (Employer Identification Number) is 46-0751057. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 21, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 12, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 2, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 29, 2024)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Love & Belove Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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