GBC International Bank Foundation
Accepts applications
GBC International Bank Foundation is a private foundation in Los Angeles, California. In tax year 2024 it gave $57,000 in 16 grants; the typical grant was $3,000 and the largest $12,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$57,000
- Number of grants16
- Typical grant$3,000
- Largest grant$12,000
- Assets$981,325
- New grantees36%
Giving in 2024 was down from $65,000 the year before.
36% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $65,000 | 14 | $1.0 million |
| 2024 | $57,000 | 16 | $981,325 |
How to apply
| Contact | GBC International Bank Foundation 333 S Grand Ave Suite 3500, Los Angeles, CA 90071 |
|---|---|
| Phone or email | (310) 826-4228 |
| What to submit | Letter of request specifying use of funds |
| Restrictions | Organizations and schools in promoting the development of communities served by gbc international bank (los angeles,orange,santa clara and san francisco counties in California and the seattle area in Washington) |
What GBC International Bank Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 14 | $55,000 |
| Washington | 2 | $2,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Apa Family Support Services | Education/elderly/health | $12,000 |
| Herald Family Center | Education | $9,000 |
| Educare Foundation | Education | $5,000 |
| Entrepreneur Educational Center Inc | Education | $5,000 |
| Los Angeles Educational Partnership | Education | $5,000 |
| Grandma's House of Hope | Elderly/health | $3,000 |
| Junior Achievement of Southern Cal | Education | $3,000 |
| Unite-La Inc | Education | $3,000 |
| Individual | Student scholarship | $3,000 |
| Individual | Student scholarship | $3,000 |
| Asian Pacific Community Fund | Education | $1,000 |
| Boys and Girls Club of West San Gabriel Valley | Education | $1,000 |
| West Angeles Community Development Corporation | Elderly | $1,000 |
| Yes (Youth Eastside Services) | Health | $1,000 |
| Orange County Asian and Pacific Islander Community Alliance Inc | Education | $1,000 |
| Shoreline Public Schools Foundation | Education | $1,000 |
Officers and trustees
- Dennis Lam
- Linda Haley
- Charles Kenny
- Richard Holmes
- Annie Pan
- Calvin Lam
- Ben Lee
- Elaine Wu
Questions people ask
Does GBC International Bank Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does GBC International Bank Foundation give?
$57,000 in tax year 2024, across 16 grants, with a typical grant of $3,000.
Who runs GBC International Bank Foundation?
Its 2024 filing lists Dennis Lam (President), Linda Haley (Director), Charles Kenny (Director) and Richard Holmes (Cfo) among 8 officers and trustees.
What does GBC International Bank Foundation fund?
Based on its grants, mainly education, human services and health.