Friends of Tsinghua Sem Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT RESEARCH AND STUDY IN SCHOOL OF ECONOMICS AND MANAGEMENT (SEM) OF TSINGHUA UNIVERSITY, CHINA.
- Income
- $2.5 million
- Spending
- $1.6 million
- Spent on programs
- 94%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 78%
- Employees
- 1
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 35% of income.
Income trend
15 of 15Income rose 33% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 23% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (10)
- $1.1 million spent. THE $1085000 WAS DESIGNATED SERVICE FEE FOR 2025 GMBA-MIT PROGRAM IN TSINGHUA SEM.
- $80,000 spent. THE $80000 WAS DESIGNATED DONATION TO COCA COLA 21ST CENTURY MARKETING PROGRAM.
- $70,000 spent. THE $ 70000 WAS TO Support Coca Cola Chair Professorship in Tsinghua SEM
- $70,000 spent. THE $70000 WAS TO DESIGNATED DONATION TO C.V. STARR FOUNDING DEAN CHAIR PROFESSORSHIP IN TSINGHUA SEM
- $70,000 spent. THE $70000 WAS TO DESIGNATED DONATION TO SUPPORT C.V STARR INTERNATIONAL FOUNDING DEAN CHAIR PROFESSORSHIP IN TSINGHUA SEM
- $45,000 spent. THE $45000 WAS DESIGNATED DONATION TO Support Greenberg Scholarship at Tsinghua SEM
- $42,000 spent. THE $42000 WAS TO DESIGNATED DONATION TO SUPPORT HENRY R. KRAVIS CHAIR PROFESSORSHIP AT TSINGHUA SEM
- $37,500 spent. THE $37500 WAS TO Support AXA Chair Professorship at Tsinghua SEM
- $7,500 spent. THE $7500 WAS TO PROVIDE CONFERENCE EXPENSE SUPPORT FOR GUEST SPEAKERS AT CORPORATE GOVERNANCE CONFERENCE.
- $3,382 spent. THE $3382 WAS TO PROVIDE TRAVEL EXPENSE SUPPORT FOR PROFESSOR TO SPEAKERS AT CORPORATE GOVERNANCE CONFERENCE.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.