STRATEGY STUDIO / PUBLIC DATA EXPLORER

YALE CHINA ASSOCIATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
YALE CHINA ASSOCIATION INC (EIN 06-0646971)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202641359349307799
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T12:10:22-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010523282PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Berry Dunn McNeil & Parker LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12319 Whitney Avenue Suite 2-AAddressLine1Txt
CityHamdenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06518ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646971EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Yale-China Association IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYALEBusinessNameControlTxt
Phone2034320880PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1442 Temple Street Box 208223AddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06520ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn FrisbiePersonNm
Person TitlePresidentPersonTitleTxt
Phone2034320880PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMelissa Magoon CPAPreparerPersonNm
PTINP01712842PTIN
Phone2034688133PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJohn FrisbiePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1442 Temple Street Box 208223AddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06520ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,230,068GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.yalechina.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1901FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionYale-China bridges the United States and China through collaborative partnerships in education, healthcare, and the arts. Founded in 1901 by graduates of Yale University, the Association today links Yale communities and resources with partners in Mainland China, Hong Kong SAR and New Haven.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,670,296PYContributionsGrantsAmt
CY Contributions Grants$2,915,296CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$5,123PYInvestmentIncomeAmt
CY Investment Income$48,223CYInvestmentIncomeAmt
PY Other Revenue$128PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,675,547PYTotalRevenueAmt
CY Total Revenue$2,963,519CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$48,283CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,167,560PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$163,156CYTotalFundraisingExpenseAmt
PY Other Expenses$885,921PYOtherExpensesAmt
CY Other Expenses$2,275,609CYOtherExpensesAmt
PY Total Expenses$2,053,481PYTotalExpensesAmt
CY Total Expenses$2,323,892CYTotalExpensesAmt
PY Revenues Less Expenses-$377,934PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$639,627CYRevenuesLessExpensesAmt
Total Assets BOY$24,462,219TotalAssetsBOYAmt
Total Assets EOY$27,678,085TotalAssetsEOYAmt
Total Liabilities BOY$438,514TotalLiabilitiesBOYAmt
Total Liabilities EOY$403,282TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,023,705NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,274,803NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionYale-China bridges the United States and China through collaborative partnerships in education, health, and the arts.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,670,025ExpenseAmt
Grant$48,283GrantAmt
DescEducation Programs: Provided more than 12,000 classroom hours, research and volunteer service work in direct teaching, fellowships and undergraduate exchanges. Health Programs: Medical and Nursing training and fellowships for women in Chinese health professions, work in public health by Americans and Chinese, administer scholarships for Chinese students with financial needs at a medical school in China. Arts Programs: Art Exhibits open to Yale and New Haven public, Arts Residencies at Yale for students from Greater China, Performances and partnerships with arts organizations, and Connecticut's largest celebration of the lunar new year and Chinese cultural festival in New Haven.Desc
Total Program Service Expenses$1,670,025TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCHForeignCountryCd
Foreign CountryHKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Cindy XueBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2034320880PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1442 Temple Street Box 208223AddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06520ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Laurence Bates
Chair7.00Yes (X)Yes (X)$0$0$0
Drew Nuland
Vice Chair7.00Yes (X)Yes (X)$0$0$0
Jianyou Tan
Vice Chair7.00Yes (X)Yes (X)$0$0$0
Nancy Chapman
Secretary7.00Yes (X)Yes (X)$0$0$0
Cindy Xue
Treasurer7.00Yes (X)Yes (X)$0$0$0
Joan Channick
Trustee2.00Yes (X)$0$0$0
Amy I Chen
Trustee2.00Yes (X)$0$0$0
Cui Fengming
Trustee2.00Yes (X)$0$0$0
Donald Filer
Trustee2.00Yes (X)$0$0$0
Alison Friedman
Trustee2.00Yes (X)$0$0$0
Evelyn Hsieh
Trustee2.00Yes (X)$0$0$0
Kenneth Jarrett
Trustee2.00Yes (X)$0$0$0
Elizabeth Knup
Trustee2.00Yes (X)$0$0$0
Kevin Kwong
Trustee2.00Yes (X)$0$0$0
LaRon Nelson
Trustee2.00Yes (X)$0$0$0
Dongshu Ou
Trustee2.00Yes (X)$0$0$0
Hugh Sullivan
Trustee2.00Yes (X)$0$0$0
Ming Thompson
Trustee2.00Yes (X)$0$0$0
Minh Ngan Tran
Trustee2.00Yes (X)$0$0$0
Hong Wang
Trustee2.00Yes (X)$0$0$0
Jennifer Weyburn
Trustee2.00Yes (X)$0$0$0
John Frisbie
President40.00Yes (X)$230,222$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$230,222TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Yale UniversityBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1180 York StreetAddressLine1Txt
CityNew HaventCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd
FieldValueIRS element (for citing)
ServicesManagement ServicesServicesDesc
Compensation$1,453,012CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,915,296AllOtherContributionsAmt
Noncash Contributions$196,035NoncashContributionsAmt
Total Contributions$2,915,296TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,772TotalRevenueColumnAmt
Exclusion$59,772ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$255,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$266,549SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$11,549SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,549TotalRevenueColumnAmt
Exclusion-$11,549ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,963,519TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$48,223ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$48,283TotalAmt
Program Services$48,283ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,453,012TotalAmt
Program Services$969,951ProgramServicesAmt
Management And General$338,993ManagementAndGeneralAmt
Fundraising$144,068FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,358TotalAmt
Management And General$3,697ManagementAndGeneralAmt
Fundraising$1,661FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,950TotalAmt
Management And General$2,950ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$13,604TotalAmt
Program Services$13,604ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$55,193TotalAmt
Program Services$18,798ProgramServicesAmt
Management And General$35,742ManagementAndGeneralAmt
Fundraising$653FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$81,520TotalAmt
Program Services$56,047ProgramServicesAmt
Management And General$24,328ManagementAndGeneralAmt
Fundraising$1,145FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,695TotalAmt
Program Services$6,695ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$70,639TotalAmt
Program Services$27,739ProgramServicesAmt
Management And General$31,500ManagementAndGeneralAmt
Fundraising$11,400FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$103,104TotalAmt
Program Services$93,642ProgramServicesAmt
Management And General$9,405ManagementAndGeneralAmt
Fundraising$57FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$84,908TotalAmt
Program Services$72,735ProgramServicesAmt
Management And General$9,359ManagementAndGeneralAmt
Fundraising$2,814FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,521TotalAmt
Program Services$5,521ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,682TotalAmt
Program Services$28,971ProgramServicesAmt
Management And General$3,353ManagementAndGeneralAmt
Fundraising$1,358FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Stipends$184,116$183,996$120
Special Event$58,504$38,249$20,255
Community Outreach$56,537$56,537
Language Study$31,870$31,870

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$28,396TotalAmt
Program Services$17,387ProgramServicesAmt
Management And General$11,009ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,323,892TotalAmt
Program Services$1,670,025ProgramServicesAmt
Management And General$490,711ManagementAndGeneralAmt
Fundraising$163,156FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$640,439BOYAmt
EOY$632,506EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$185,899BOYAmt
EOY$175,644EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,843BOYAmt
EOY$17,040EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$229,293LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$217,939LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$13,590BOYAmt
EOY$11,354EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,027,296BOYAmt
EOY$8,813,883EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$16,575,152BOYAmt
EOY$18,027,658EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,462,219BOYAmt
EOY$27,678,085EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$438,514BOYAmt
EOY$403,282EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$438,514BOYAmt
EOY$403,282EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,158,550BOYAmt
EOY$11,642,493EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,865,155BOYAmt
EOY$15,632,310EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,023,705BOYAmt
EOY$27,274,803EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,462,219BOYAmt
EOY$27,678,085EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$639,627ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,611,471NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$552,732CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$654,772CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$734,335CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,670,296CurrentTaxYearMinus1YearAmt
Current Tax Year$2,915,296CurrentTaxYearAmt
Total$6,527,431TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$552,732CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$654,772CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$734,335CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,670,296CurrentTaxYearMinus1YearAmt
Current Tax Year$2,915,296CurrentTaxYearAmt
Total$6,527,431TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,070,589SubstantialContributorsTotAmt
Public Support Total170$3,456,842PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$875,305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$882,691CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$961,599CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,681CurrentTaxYearMinus1YearAmt
Current Tax Year$59,772CurrentTaxYearAmt
Total$2,787,048TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$128CurrentTaxYearMinus1YearAmt
Total$128TotalAmt
FieldValueIRS element (for citing)
Total Support$9,314,607TotalSupportAmt
Public Support CY1700.37110PublicSupportCY170Pct
Public Support PY1700.52080PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,602,448BeginningYearBalanceAmt
Contributions$2,000,000ContributionsAmt
Investment Earnings Or Losses$2,592,135InvestmentEarningsOrLossesAmt
Other Expenditures$1,353,042OtherExpendituresAmt
End Year Balance$26,841,541EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,246,198BeginningYearBalanceAmt
Investment Earnings Or Losses$1,713,101InvestmentEarningsOrLossesAmt
Other Expenditures$356,851OtherExpendituresAmt
End Year Balance$23,602,448EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,051,730BeginningYearBalanceAmt
Investment Earnings Or Losses$351,662InvestmentEarningsOrLossesAmt
Other Expenditures$1,411,120OtherExpendituresAmt
End Year Balance$22,246,198EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$24,316,378BeginningYearBalanceAmt
Investment Earnings Or Losses$134,534InvestmentEarningsOrLossesAmt
Other Expenditures$1,399,182OtherExpendituresAmt
End Year Balance$23,051,730EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,129,456BeginningYearBalanceAmt
Investment Earnings Or Losses$6,928,364InvestmentEarningsOrLossesAmt
Other Expenditures$741,442OtherExpendituresAmt
End Year Balance$24,316,378EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.42248BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.56924PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00828TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,293OtherCostOrOtherBasisAmt
Depreciation$217,939DepreciationAmt
Book Value$11,354BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,354TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Other Investments$703,525F
Leveraged Buyouts$5,072,222F
Marketable Alternatives$3,458,741F
Real Assets$2,627,781F
Venture Capital$6,165,389F
FieldValueIRS element (for citing)
Total Book Value Securities$18,027,658TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,729,490TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,611,471NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$154,500DonatedServicesAndUseFcltsAmt
Revenue Not Reported$2,765,971RevenueNotReportedAmt
Revenue Subtotal$2,963,519RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,963,519TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,478,392TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$154,500DonatedServicesUseFcltsAmt
Expenses Not Reported$154,500ExpensesNotReportedAmt
Expenses Subtotal$2,323,892ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,323,892TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationThe Association has received exemption from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Association has also been classified as an entity that is not a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in Section 170(b)(1)(a)(vi). Management has reviewed the Association's reporting and believe they have not taken tax positions that are more likely than not to be determined to be incorrect by the Internal Revenue Service and therefore no adjustments or disclosures are required. The Association's returns are generally subject to examination for a period of three years.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEast Asia and the PacificRegionTxt
Offices2OfficesCnt
Employee1EmployeeCnt
Type Of Activities ConductedProgram Management, Administration And FundraisingTypeOfActivitiesConductedTxt
Region Total Expenditures$108,758RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices2SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office2TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$108,758SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$108,758TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceScholarshipsTypeOfAssistanceTxt
RegionEast Asia and the PacificRegionTxt
Recipient63RecipientCnt
Cash Grant$48,283CashGrantAmt
Manner Of Cash DisbursementElectronic Fund TransferMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Organization paid the scholarship funds directly to the schools on behalf of the students.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJohn FrisbiePersonNm
TitlePresidentTitleTxt
Base Compensation Filing Org$211,626BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$18,596BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$230,222TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990, Part VII, Line 5:FormAndLineReferenceDesc
ExplanationJohn Frisbie, President, is compensated by Yale University, an unrelated organization, for services rendered to the filing organization. During calendar year 2024, Mr. Frisbie received compensation totaling $230,222 related to services rendered. In accordance with Form 990 instructions, the compensation paid to Mr. Frisbie by Yale University is being disclosed on Form 990, Part VII and Schedule J as required.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$196,035NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Form 990 is reviewed by the Organization's management, including the President and Director of Finance and Operations.
Form 990, Part VI, Section B, line 12cOfficers, directors and all employees are required to complete a disclosure form. Conflict of interest questions raised are reviewed by the Board Chair and/or the Governance Committee.
Form 990, Part VI, Section B, line 15aThe President's starting salary is reviewed by a committee and the Board Treasurer and compared to salaries of similar nonprofit executives working in the same field and also compared to those working in Connecticut. The President's compensation is then reviewed annually and approved by the Board of Trustees, as part of the budget process.
Form 990, Part VI, Section C, line 19All documents are available upon request, on the Organization's website, as well as guidestar.org.
Form 990, Part X, Line 10: Land, Buildings, and Equipment:Section 1.263(a)-3(n) Election: Yale-China Association, Inc. 442 Temple Street, Box 208223 New Haven, CT 06520 EIN: 06-0646971 Section 1.263(a)-3(n) Election: Yale-China Association, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).