Fudan University Education Development Foundation

Nonprofit profile at a glance

EIN
980483202
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
La Jolla, CA, USA
Phone
5164728337
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$10,733,558
Expenses
$3,149,507
Assets
$55,299,447
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • LIU LI (DIRECTOR, PRESIDENT)
  • LU LI AN (VICE PRESIDENT)
  • SHEN GUOLIN (VICE PRESIDENT)
  • ZHANG YI (VICE PRESIDENT)
  • LU YINGFENG (VICE PRESIDENT)
  • YANG DEQING (VICE PRESIDENT)

People named in this filing

  • XU ZHENG (CHAIRMAN, DIRECTOR)
  • CHAN ALLEN (DIRECTOR)
  • YUEN FRANCIS (DIRECTOR, TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2025

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.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 80
  • Accountability: 76
  • Sustainability: 95
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.4%; rating input score 30
  • Program expense ratio: 99.6%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 70.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 17.56; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 98; 98th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: -5.2% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 31% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 30.4% of revenue deployed · 99.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
  • Programs: 5 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.