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The Soar Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943255490 ✦ Fremont, CA ✦ Designated as a 501(c)(3)

Overview

What is The Soar Foundation?

The Soar Foundation is a nonprofit organization situated in Fremont, California. Their primary mission is to provide scholarships to high school and college students residing in impoverished rural areas of China. These scholarships cover various expenses, including living costs, tuition, and necessary supplies, for a year of education. Additionally, the foundation has expanded its mission to aid preschoolers in these regions, demonstrating a commitment to supporting education at all levels.


Official website here: www.soaronline.org

Is The Soar Foundation legitimate?

The Soar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Soar Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,218

For more financial information, click here


Official website here: www.soaronline.org

What is the mission statement of The Soar Foundation?

The Soar Foundation's primary mission is to provide scholarships to high school and college students hailing from impoverished rural areas in China. In addition to this, the foundation has expanded its mission to assist preschoolers as well. The scholarships offered by The Soar Foundation cover the living expenses, tuition fees, and educational supplies for a year of schooling for each recipient. This philanthropic organization aims to contribute to the education of underprivileged students, thereby providing them with opportunities for a better future.


Official website here: www.soaronline.org

Who is the CEO of The Soar Foundation?

Li Li is the President of The Soar Foundation.


Official website here: www.soaronline.org

What is the revenue of The Soar Foundation?

The Soar Foundation's revenue in 2022 was $1,030,216.


Official website here: www.soaronline.org

Who are the executives of The Soar Foundation and what are their salaries?

Here are 19 key members and their salaries:

    Siu-Fong Huang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Davy Kao (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Guo (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Choong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Yip (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tzuo Chang Lee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Jiang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Zhu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Xia (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iris Lee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eva Xu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chin Chen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Moon-Pin Tze (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lois Huang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alec Wang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Chang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Li Li (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Weihan Wang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Chen (Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.soaronline.org

    Where can I find the form 990 for The Soar Foundation?

    The The Soar Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.soaronline.org

    Learn more at the official website: www.soaronline.org

    Mission Statement of The Soar Foundation

    The Soar Foundation, as a philanthropic organization, is dedicated to granting scholarships to students from rural areas in China who are in need. Initially, its mission focused on providing senior high school and college scholarships, covering the living costs, tuition, and necessary supplies for a year of education. Recently, the foundation has expanded its mission to include preschoolers as well, aiming to support their educational needs. By offering these scholarships, The Soar Foundation aims to contribute to the education and future prospects of disadvantaged students in China.

    Impact

    This information is meant to be a general summary of The Soar Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    The Soar Foundation's impact can be seen in the lives of high school and college students in rural areas of China living in poverty. By providing scholarships that cover living costs, tuition, and supplies for a year of schooling, the foundation is enabling these students to access education and pursue their dreams. Additionally, the foundation has extended its mission to support preschoolers, further expanding its reach and impact in the education sector. Through its focus on education, The Soar Foundation is making a meaningful difference in the lives of individuals facing challenges in accessing quality education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $234,117
  • Program Service Revenue: $0
  • Gross Receipts: $1,030,216

    • Assets and Liabilities:
  • Total Assets: $4,597,945
  • Total Liabilities: $0
  • Net Assets: $4,597,945
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Li Li

    Main Address

    39812 MISSION BLVD SUITE 203, FREMONT, CA, 94539

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Soar Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.