THE ORGANIZATION'S MISSION IS TO PROMOTE AND SUPPORT CHARITABLE AND BENEVOLENT PROGRAMS FOR THE ASIAN ELDERLY THROUGH PLANNING, FINANCING, OPERATING, AND MAINTAINING NURSING AND CARE FACILITIES AND AFFORDABLE HOUSING.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.2M
+12.7% YoY
Annual Giving
$58K
Grant Count
1
Avg Grant Size
$58K
About South Cove Nursing Facilities
Based on IRS filings
South Cove Nursing Facilities is a nonprofit organization focused on Health, based in QUINCY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.2M in total assets. In 2024, it awarded 1 grants totaling $58K. Net investment income was $1.5M.
Focus Areas
Ready to take the next step with South Cove Nursing Facilities?
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 | $20,216,976 | $17,931,872 | $15,783,171 |
| Revenue | $1,829,110 | $354,568 | $1,017,488 |
| Expenses | $184,693 | $129,545 | $115,571 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,523,131 | $99,192 | $729,355 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID T TING | DIRECTOR | 1 | — |
| HEATHER O'SULLIVAN | DIRECTOR | 1 | — |
| LISA MUI | DIRECTOR | 1 | — |
| EDWARD CHENG ESQ | DIRECTOR (RESIGNED 5/2024) | 1 | — |
| SUSAN LUO CFA | DIRECTOR | 1 | — |
| HON HOI YEE | DIRECTOR | 1 | — |
| HELEN CHIN SCHLICHTE | DIRECTOR | 1 | — |
| JIM HSU | DIRECTOR | 1 | — |
| LEONARD LAI MD | DIRECTOR | 1 | — |
| ALICE L ROSE RN | DIRECTOR | 1 | — |
| THOMAS CHIN | DIRECTOR | 1 | — |
| MARIANNE BOWLER HONORABLE | DIRECTOR | 1 | — |
| HEMMIE CHANG | CLERK | 1 | — |
| CINDY LAW | TREASURER | 1 | — |
| MAY CHIN | VICE PRESIDENT | 1 | — |
| JASON QU | CHAIRMAN OF THE BOARD | 1 | — |
| RICHARD LUI ESQ | DIRECTOR | 1 | — |
| ERIC SCHLICHTE | DIRECTOR | 1 | — |
| STANLEY ELKERTON | DIRECTOR | 1 | — |
| DAVID CHIU MD | DIRECTOR | 1 | — |
| OLIVIA WONG | DIRECTOR | 1 | — |
| PHILIP CHENG AG | DIRECTOR | 1 | — |
| WILLIAM GRAVES | PRESIDENT & CEO | 1 | — |
| SCOTT HANSON | DIRECTOR OF FINANCE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with South Cove Nursing Facilities on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities