Ted Tai-Sen Lin Charitable Foundation

The Ted Tai-Sen Lin Charitable Foundation is a private foundation based in New York, operating primarily in international and foreign affairs, as well as fund raising and distribution[1]. The foundation supports various charitable causes through general purpose grants.

History

Established initially as a public charity, the Ted Tai-Sen Lin Charitable Foundation was reclassified as an independent foundation in 2006[4]. Over time, it has evolved to focus on strategic grant-making activities.

Finances

As of recent filings, the foundation's total assets have varied between approximately $6 million and $8 million[1]. It generates revenue from contributions, investment income, and sales of assets[3]. Donations to the foundation are tax-deductible[1].

Grant Activities

The Ted Tai-Sen Lin Charitable Foundation has been active in distributing grants to various recipients. In recent years, it has provided general support to organizations such as the Metropolitan Museum of Art and the Burkina Faso Girls Education Fund[2][3]. The foundation typically makes several awards annually, with the number of awards fluctuating between six and eight in recent years[2].

Governance and Compensation

The foundation is governed by a board of trustees, including key figures like Sharon Chang, who serves as Managing Trustee[1][3]. Compensation for key employees and trustees is modest, with some roles receiving no compensation[1][3].

Programs and Focus Areas

While specific programmatic details are limited, the foundation supports a variety of initiatives that align with its mission in international affairs and general charitable support[2]. It is classified under the National Taxonomy of Exempt Entities (NTEE) for international and foreign affairs, as well as fund raising and distribution[1].

Conclusion

The Ted Tai-Sen Lin Charitable Foundation plays a role in supporting international and local charitable initiatives, leveraging its financial resources to contribute to various causes through targeted grant-making activities.