STRATEGY STUDIO / PUBLIC DATA EXPLORER

LAM & CHUI FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LAM & CHUI FAMILY FOUNDATION (EIN 46-0640929)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-09-13
IRS object ID
202432579349100223
Schema version
2023v5.1
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)
Return2024-09-13T11:21:03-07:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263000418PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ABEST TAX SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1Txt
CityMILPITASCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460640929EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAM & CHUI FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAM&BusinessNameControlTxt
Phone4083482283PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SUMMIT CREEK LANEAddressLine1Txt
CityPLEASANTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94566ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHI-HO LOUIS CHUIPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2024-09-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$59,555FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$40,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$40,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,202AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,202AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$1,224DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$38,198OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$38,198OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$40,624TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$39,400TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$281ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$281ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,905TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$39,681TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$905ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$58,810CashBOYAmt
Cash EOY$59,355CashEOYAmt
Cash EOYFMV$59,355CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$25,728LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$25,289LandBldgEquipAccumDeprecAmt
Land BOY$1,663LandBOYAmt
Land EOY$439LandEOYAmt
Land EOYFMV$200LandEOYFMVAmt
Total Assets BOY$60,473TotalAssetsBOYAmt
Total Assets EOY$59,794TotalAssetsEOYAmt
Total Assets EOYFMV$59,555TotalAssetsEOYFMVAmt
Other Liabilities BOY$162OtherLiabilitiesBOYAmt
Other Liabilities EOY$388OtherLiabilitiesEOYAmt
Total Liabilities BOY$162TotalLiabilitiesBOYAmt
Total Liabilities EOY$388TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$60,311RetainedEarningBOYAmt
Retained Earning EOY$59,406RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$60,311TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$59,406TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$60,473TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$59,794TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$60,311TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$905ExcessRevenueOverExpensesAmt
Subtotal$59,406SubtotalAmt
Tot Net Ast Or Fund Balances EOY$59,406TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1NGOC ANH LAMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4083482283PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1810 SUMMIT CREEK LANEAddressLine1Txt
CityPLEASANTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94566ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
NGOC ANH LAM
810 SUMMIT CREEK LANEPLEASANTONCA94566President & CEO4.00$0
CHI-HO LOUIS CHUI
810 SUMMIT CREEK LANEPLEASANTONCA94566Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$60,974AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$60,974TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$60,974AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$915CashDeemedCharitableAmt
Net Vl Noncharitable Assets$60,059NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,003MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,003MinimumInvestmentReturnAmt
Distributable Before Adj$3,003DistributableBeforeAdjAmt
Distributable Before Ded$3,003DistributableBeforeDedAmt
Distributable As Adjusted$3,003DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$39,681ExpensesAndContributionsAmt
Qualifying Distributions$39,681QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,003DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$38,871ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$32,551ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$43,337ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$33,024ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$35,550ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$183,333TotalExcessDistributionCyovAmt
Qualifying Distributions$39,681QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,003AppliedToCurrentYearAmt
Remaining Distri From Corpus$36,678RemainingDistriFromCorpusAmt
Total Corpus$220,011TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$38,871ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$181,140ExcessDistriCyovToNextYrAmt
Excess From Year4$32,551ExcessFromYear4Amt
Excess From Year3$43,337ExcessFromYear3Amt
Excess From Year2$33,024ExcessFromYear2Amt
Excess From Year1$35,550ExcessFromYear1Amt
Excess From Current Year$36,678ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNGOC ANH LAMContributingManagerNm
Contributing ManagerCHI-HO LOUIS CHUIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonFoothill High SchoolRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1333 Division StreetAddressLine1Txt
CityPleasantonCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94566ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipDonationRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeTo provide a safe and caring environment where students achieve the academic, personal and social development required to continue learning, pursue post-secondary education, compete in a dynamic job market, and participate in a diverse, democratic society.GrantOrContributionPurposeTxt
Amt$281Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$281TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonCHI-HO LOUIS CHUI NGOC ANH LAMContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1810 SUMMIT CREEK LANEAddressLine1Txt
CityPLEASANTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94566ZIPCd
FieldValueIRS element (for citing)
Total Contributions$40,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$1,202Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,202DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (7 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmt
EQUIPMENT2018-08-11$373$368200DB0.0138$5
EQUIPMENT2018-11-22$1,699$1,627200DB0.0426$72
IPHONE2020-11-07$751$695200DB0.0741$56
IPHONE2020-11-09$751$695200DB0.0741$56
IPHONE2020-11-09$558$517200DB0.0741$41
MACBOOK2020-12-11$1,581$1,464200DB0.0741$117
MACBOOK2023-03-11$1,974$658200DB0.4445$877

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$25,728CostOrOtherBasisAmt
Accumulated Depreciation$25,289AccumulatedDepreciationAmt
Book Value$439BookValueAmt
EOYFMV$200EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Auto Expense$4,345$4,345
Auto Lease Expense$29,652$29,652
Filing Fees$25$25
Office Supplies$94$94
Telephone Expense$4,082$4,082

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
Credit Cards$162$387
Rounding$1

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonCHI-HO LOUIS CHUI NGOC ANH LAMPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SUMMIT CREEK LANEAddressLine1Txt
CityPLEASANTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94566ZIPCd