FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION (EIN 98-0483202)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-09-23
- IRS object ID
- 202632669349301853
- Schema version
- 2025v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule M
- Schedule O
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-23T10:01:56-07:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980483202 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUDA | BusinessNameControlTxt |
| Phone | 5164728337 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9500 Gilman Drive Room 0519 | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92093 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Yingfeng Lu | PersonNm |
| Person Title | Vice President | PersonTitleTxt |
| Phone | 5164728337 | PhoneNum |
| Signature | 2026-09-28 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Li LIU | PrincipalOfficerNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Roon 315 Hanbin Building | AddressLine1Txt |
| Address Line2 | Handan Road | AddressLine2Txt |
| City | Shanghai | CityNm |
| Province Or State | Shanghai | ProvinceOrStateNm |
| Country | CH | CountryCd |
| Foreign Postal | 200433 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,733,558 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://fuedf.fudan.edu.cn/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION is organized exclusively for charitable and educational purposes with the mission as promoting higher education and academic research of Fudan University. FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION mainly raises funds to set up fellowships, scholarships, facilitate student exchange and enhance campus infrastructures, etc.. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,031,111 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,551,801 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $81,989 | PYInvestmentIncomeAmt |
| CY Investment Income | $175,926 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$11,324 | PYOtherRevenueAmt |
| CY Other Revenue | $5,831 | CYOtherRevenueAmt |
| PY Total Revenue | $3,101,776 | PYTotalRevenueAmt |
| CY Total Revenue | $10,733,558 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,364,524 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,135,765 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,823 | PYOtherExpensesAmt |
| CY Other Expenses | $13,742 | CYOtherExpensesAmt |
| PY Total Expenses | $1,376,347 | PYTotalExpensesAmt |
| CY Total Expenses | $3,149,507 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,725,429 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,584,051 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,812,604 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,299,447 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $43,812,604 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $55,299,447 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 1) Support academic research and talents cultivation in Fudan University. 2) Promote higher education in Fudan University and other educational organizations in China. 3) Strengthen global cooperations of education and research. 4) Enhance communication between Shanghai, China and the world. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,400,323 | ExpenseAmt |
| Grant | $2,400,323 | GrantAmt |
| Revenue | $3,331,587 | RevenueAmt |
| Desc | SCHOLARSHIPS & STUDENT FINANCIAL AIDS: To provide substantial support for students' development, and to satisfy the financial needs from low income families, funds were raised to set up kinds of Scholarships and Financial Aids, which includes excellence scholarship, liberal arts scholarship, research scholarship, exchange student scholarship, etc, and different levels of Financial Aids so that each financially challenged students can live a healthy life during their university time. In 2024, there were nine (9) Scholarships and Financial Aids programs granted, hundereds of students benefited from those Scholarships and Financial Aids. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $394,584 | ExpenseAmt |
| Grant | $394,584 | GrantAmt |
| Revenue | $1,453,390 | RevenueAmt |
| Desc | School & Department Fund : As a world-class comprehensive university, Fudan University attaches great importance to basic disciplines. The Foundation mobilates funds for its schools and departments across a broad spectrum. It provides sustained financial backing for basic research projects, young researcher training and interdisciplinary disciplinary construction. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $190,791 | ExpenseAmt |
| Grant | $190,791 | GrantAmt |
| Revenue | $1,305,189 | RevenueAmt |
| Desc | FELLOWSHIP PROGRAM: To build a world-class university, Fudan sets up long-term plans on promoting the quality of faculty. Foundation raised kinds of funds for fellowship training, chair professor recruiting, fellowships for outstanding faculties and sponsorships for academic seminars and lectures given from global well-known scholars.In 2024, there were four (4) Faculty Development Programs were granted, which were Miqun Young Professor, Su Rukeng Teaching Awards and Xie Xide Chair Professor and Zhang Peiheng Chair Professor. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $100,067 | $100,067 | $227,353 | Others program for society welfare |
| $50,000 | $50,000 | $50,000 | Academic research |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $150,067 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $150,067 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $277,353 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,135,765 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | HK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YINGFENG LU | PersonNm |
| Phone | 5164728337 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ROOM 315 BUILDING | AddressLine1Txt |
| Address Line2 | 220 HANDAN ROAD FUDAN UNIVERSITY | AddressLine2Txt |
| City | SHANGHAI | CityNm |
| Province Or State | SHANGHAI | ProvinceOrStateNm |
| Country | CH | CountryCd |
| Foreign Postal | 200433 | ForeignPostalCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| XU ZHENG | |||||||
| CHAIRMAN, DIRECTOR | 4 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHAN ALLEN | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| YUEN FRANCIS | |||||||
| DIRECTOR, TREASURER | 3 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LIU LI | |||||||
| DIRECTOR, PRESIDENT | 8 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TSE KOON HAN ADA | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| HUNG MAN YIN LINDA | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| LAM COLIN | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| CHIANG LAI YUEN | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| CHAN ANSON | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| LU LI AN | |||||||
| VICE PRESIDENT | 1 | Yes (X) | $0 | $0 | $0 | ||
| SHEN GUOLIN | |||||||
| VICE PRESIDENT | 1 | Yes (X) | $0 | $0 | $0 | ||
| ZHANG YI | |||||||
| VICE PRESIDENT | 1 | Yes (X) | $0 | $0 | $0 | ||
| LU YINGFENG | |||||||
| VICE PRESIDENT | 1 | Yes (X) | $0 | $0 | $0 | ||
| YANG DEQING | |||||||
| VICE PRESIDENT | 8 | Yes (X) | $0 | $0 | $0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $10,551,801 | AllOtherContributionsAmt |
| Noncash Contributions | $4,999,999 | NoncashContributionsAmt |
| Total Contributions | $10,551,801 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,926 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $175,926 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,831 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,831 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,831 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,733,558 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $181,757 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,135,765 | TotalAmt |
| Program Services | $3,135,765 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $817 | TotalAmt |
| Management And General | $817 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,924 | TotalAmt |
| Management And General | $5,924 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,511 | TotalAmt |
| Management And General | $5,511 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,490 | TotalAmt |
| Management And General | $1,490 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,149,507 | TotalAmt |
| Program Services | $3,135,765 | ProgramServicesAmt |
| Management And General | $13,742 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $536,676 | BOYAmt |
| EOY | $5,521,656 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,719,893 | BOYAmt |
| EOY | $1,318,965 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,556,035 | BOYAmt |
| EOY | $48,458,826 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,812,604 | BOYAmt |
| EOY | $55,299,447 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,914,346 | BOYAmt |
| EOY | $46,169,435 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,898,258 | BOYAmt |
| EOY | $9,130,012 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,812,604 | BOYAmt |
| EOY | $55,299,447 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,812,604 | BOYAmt |
| EOY | $55,299,447 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,584,051 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,902,792 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,488,291 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,428,450 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,541,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,031,111 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,551,801 | CurrentTaxYearAmt |
| Total | $20,040,675 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,488,291 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,428,450 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,541,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,031,111 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,551,801 | CurrentTaxYearAmt |
| Total | $20,040,675 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,402,616 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,638,059 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $46,951 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$7,364 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$46 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $70,665 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $181,757 | CurrentTaxYearAmt |
| Total | $291,963 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,332,638 | TotalSupportAmt |
| Public Support CY170 | 0.42484 | PublicSupportCY170Pct |
| Public Support PY170 | 0.38255 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,103,706 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $287,302 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $2,391,008 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,872,817 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $81,989 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $75,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $1,879,806 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,795,623 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $152,192 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $75,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $1,872,815 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,091,320 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | -$95,697 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $200,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $1,795,623 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,788,325 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $327,995 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $2,091,320 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LGT CF PREMIUM STRATEGY | $44,331,071 | F |
| ALL STARINVESTMENT US FUND | $2,310,930 | F |
| ALL STAR INVESTMENT PRIVATE FUND | $1,816,825 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $48,458,826 | TotalBookValueSecuritiesAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part V, Line 4 | FormAndLineReferenceDesc |
| Explanation | Schedule D, Part V, Line Fudan University Education Development Foundation has two Endowment fund tillnow.1)Fudan-Yin FanWu&Ling Chao chang wu Endowment fund. This endowment is set up permanently to generate income through investment for scholarship.Each recipient can receive USD1500 per academic year. According to the designated ROl in the donation agreement there are 16-17students to be granted the scholarship annually since 2012. 2)Xie Xide Chair Professor Endowment fund. This endowment is set up permanently to generate income through investment for fellowship in Physics Department.According to designated ROl in the donation agreement USD50000 will be allocated to this fellowship each year since 2017. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Grantmaking | $3,135,765 |
| East Asia and the Pacific | 0 | 0 | Investments | $48,458,829 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Spent | $51,594,594 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia and the Pacific | RegionTxt |
| Purpose Of Grant | scholarship/fellowship/school of fund etc. | PurposeOfGrantTxt |
| Cash Grant | $3,135,765 | CashGrantAmt |
| Manner Of Cash Disbursement | wire transfer | MannerOfCashDisbursementTxt |
| Valuation Method Used | book value | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | As described in Form 990 part 1 line 1 of our mission, Fudan university is exclusively established to raise funds to support academic research talents cultivation and infrastructure constructions in Fudan University and other high educational organizations in China. The majority of the donation is supposed to be granted to Fudan University. To make good use of all grants and execute sufficient monitor ,our foundation sets up the management procedures as below:1)Application: the candidates are required to file application form and submit it with their proposals.2)Screen &Evaluation: Designated professional staffs are responsible for screening and evaluating applications with proposals, then give recommendations for grant action.3)Review&Approval: the applications are reviewed and apprpved by different level of officers, special management committees, and directors based on the purpose and the amount of grants quarterly, half yearly or annually basis.4)Periodically Reporting: The beneficiaries are provide regular progress reports on quarterly, half year or annually basis.5) Final assessment: when the grant is completed, foundation checks it compliance and effectiveness through expenditure data reports and field investigation if necessary. Besides ,to facilitate the monitoring locally ,our largest beneficiary, Fudan University sets up a Grant Administration Office on campus which is full of experienced professional staffs. The office is responsible to both the foundation and the university's grant management. In other words, our foundation can get sufficient information of all the grants and implement supervision with the assistance of that office. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | LGT Bank(HONG KONG) | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,999,999 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | form 990 including all series Schedules were filled by financial staff and reviewed by Vice President and President. |
| Form 990, Part VI, Section B, Line 12c | According to Conflict of Interest Policy, f there is any actual or possible conflict of interest ,an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors. After exercising due diligence, the board will hold meeting to discuss and determine whether a conflict really exists, and vote on the transaction or arrangement related If the board has reasonable cause to believe a member has failed to disclose actual or possible conflict or interest, it shall take approciate disciplinary and corrective action. |
| Form 990, Part VI, Section B, Line 15 | The process of Determing Compensation applies to compensation of executive officers including president, vice president, secretary treasury and other high-level officers. The process includes all these steps: 1)Use of comparatibility data to determine compensation scheme. Compare the compensation for similarity qualified persons in fuctionally comparable positions at similarly organzations, and then design its own compensation scheme. 2)Review and Approval. The compensation of the person is reviewed and approved by the board of directors. 3)Contemporaneous documentation and record-keeping with respect to the deliberations and decisions. |
| Form 990, Part VI, Section C, Line 19 | Fudan University Education Development Foundation makes our governing documents conflict of interest policy, financial statements and other essential documents available to the public upon request. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We have submitted the Form 8868 for an automatic 6-months extention through FORM 990 ONLINE, and got approved.The new due date is before Nov,15th, 2026. | ExplanationTxt |
Comments