Technology for Better Life Foundation
Technology for Better Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $485K in total assets. In 2024, it awarded 9 grants totaling $131K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$485K
-19.2% YoY
Annual Giving
$131K
+3635.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$15K
+3635.5% YoY
Under IRS private-foundation payout rules, Technology for Better Life Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Technology for Better Life Foundation
Based on IRS filings
Technology for Better Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $485K in total assets. In 2024, it awarded 9 grants totaling $131K. Net investment income was $16K.
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 | $485,029 | $600,225 | $575,781 |
| Revenue | $25,923 | $104,794 | $12,697 |
| Expenses | $141,226 | $76,895 | $41,230 |
| Qualifying Distributions | $141,226 | $76,895 | $30,139 |
| Net Investment Income | $15,738 | $50,371 | — |
| Distributable Amount | $25,860 | $15,745 | $1,632 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include FCSN Dream II LLC ($125,000), Fcsn ($1,465), Northern California Chinese Chorus Alliance ($1,200).
| Recipient | Purpose | Amount |
|---|---|---|
| ASharp Chorus San Jose, CA | choir performance support | $240 |
| Hope Services San Jose, CA | Support special need band activities | $825 |
| San Francisco City Impact San Francisco, CA | support homeless help organization | $50 |
| Northern California Chinese Chorus Alliance San Jose, CA | Support choir events | $1,200 |
| River of Life Christian Church Santa Clara, CA | church activity | $85 |
| FCSN Fremont, CA | support classes and activities events | $1,465 |
| BeNatural Music School Cupertino, CA | Music program for children with financial aids to needed children | $1,006 |
| Turtleworks Campbell, CA | Embroidery shop to train special needs people to gain job skills | $1,170 |
| FCSN Dream II LLC Fremont, CA | Housing project for disabled people supported by Non-Profit organization: Friends of Children with Special Needs | $125,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lu Gan | CEO | 2 | — |
| Jihong Chen | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Technology for Better Life Foundation?
Technology for Better Life Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. It holds $485K in total assets as of 2024.
How large is Technology for Better Life Foundation?
As of 2024, Technology for Better Life Foundation holds $485K in total assets with $26K in annual revenue. It awarded 9 grants totaling $131K in 2024.
Where does Technology for Better Life Foundation operate?
Technology for Better Life Foundation has awarded grants in California, North Carolina.
What size grants does Technology for Better Life Foundation award?
In 2024, Technology for Better Life Foundation awarded 9 grants totaling $131K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Technology for Better Life Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Technology for Better Life Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Technology for Better Life Foundation's EIN?
Technology for Better Life Foundation's EIN (Employer Identification Number) is 27-4448015. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Technology for Better Life 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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