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HSU FAMILY EDUCATIONAL FOUNDATION INC

EIN 47-5426274 FORT WALTON BEACH, FL

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Revenue 2024
$937,357
Expenses 2024
$775,857

Program services were 73.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
2000
Street
70 READY AVE NW BUILDING 6

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE STATED MISSION OF HSU FAMILY EDUCATIONAL FOUNDATION, INC (CORPORATION) IS TO PROMOTE EXCELLENCE IN EDUCATION AND ENCOURAGE CLASSROOM INNOVATION. ALL PROGRAMS OF THE CORPORATION SHALL SUPPORT THAT MISSION, AND ALL WHO WORK FOR OR ON BEHALF OF THE CORPORATION SHALL UNDERSTAND AND BE LOYAL TO THAT MISSION AND PURPOSE.

Activities or mission (Part I)

PROMOTE EXCELLENCE IN EDUCATION AND ENCOURAGE CLASSROOM INNOVATION.

  • EDUCATIONAL SUPPORT PROGRAM: THE HSU EDUCATIONAL FOUNDATION ENCOURAGES ENTREPRENEURSHIP BY SPONSORING EDUCATIONAL EVENTS AND SUPPORTING PROGRAMS THAT HIGHLIGHT STRATEGIES FOR BEING SUCCESSFUL IN SMALL BUSINESS.

    Expenses $482,311 · Grants $20,530

  • DRONE TEAM CHALLENGE: UNMANNED AERIAL VEHICLES (UAVS) ARE THE WAY OF THE FUTURE AND TRAINING STUDENTS TO USE THEM EARLY ON GIVES THEM A COMPETITIVE ADVANTAGE THAT WILL BENEFIT THE STUDENT AS WELL AS THE WORKFORCE. BEGINNING AS EARLY AS 3RD GRADE, STUDENTS CAN DIVE INTO AN IMMERSIVE PROGRAM THAT WILL TAKE THEM THROUGH PROGRESSIVE TRAINING COMPLETELY PREPARING THEM FOR A VARIETY OF DRONE RELATED CAREER OPPORTUNITIES.

    Expenses $56,742 · Grants $2,415

  • T.E.A.M.S.: RECOGNIZES AND REWARDS ELIGIBLE HIGH SCHOOL EDUCATORS WITH TOP TEAMS AWARDS OF $5,000 EACH AND MERIT AWARDS OF $500 EACH SPONSORED BY LOCAL BUSINESSES. SELECTION IS MADE THROUGH A NOMINATION AND APPLICATION PROCESS. NOMINATIONS MAY BE SUBMITTED BY ANYONE STUDENTS, PARENTS, COMMUNITY MEMBERS, FACULTY, AND TEACHERS MAY EVEN NOMINATE THEMSELVES.

    Expenses $28,371 · Grants $1,208

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Paul S Hsu Ph D

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Majes Hsu

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • D Timothy Herndon

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $937,357
    Expenses
    $775,857
    Contributions
    $928,663
    Grants paid
    $24,153
  • 2022
    Revenue
    $951,801
    Expenses
    $1,616,888
    Contributions
    $951,604
    Grants paid
    $59,419

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990-PF

    Revenue
    $1,159,197
    Expenses
    $746,379
    Assets (EOY)
    $2,618,693
  • 2019 · 990-PF

    Revenue
    $700,302
    Expenses
    $580,808
    Assets (EOY)
    $2,083,035
  • 2018 · 990-PF

    Revenue
    $186,658
    Expenses
    $337,817
    Assets (EOY)
    $1,962,894
  • 2017 · 990-PF

    Revenue
    $373,000
    Expenses
    $203,600
    Assets (EOY)
    $2,113,273
  • 2016 · 990-PF

    Revenue
    $407
    Expenses
    $93,019
    Assets (EOY)
    $1,944,496
  • 2015 · 990-PF

    Revenue
    $2,098,050
    Expenses
    $70,469
    Assets (EOY)
    $2,028,445

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.