STRATEGY STUDIO / PUBLIC DATA EXPLORER

JF WANG FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
JF WANG FAMILY FOUNDATION (EIN 83-1794166)
Tax period
2023-08-01 to 2024-07-31
Filed
2024-11-13
IRS object ID
202423189349100412
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)
Return2024-11-13T00:17:10-08:00ReturnTs
Tax Period End2024-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN830651827PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Natalie GroupBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12025 Gateway Place 110AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95110ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831794166EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JF WANG FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJFWABusinessNameControlTxt
Phone4086236999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15686 Country Club ParkwayAddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95138ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFang WangPersonNm
Person TitleCEOPersonTitleTxt
Signature2024-11-13SignatureDt
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 PersonWEI QIUPreparerPersonNm
PTINP01592990PTIN
Phone4086276289PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$169,841FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$379InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$379InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$379InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,053DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,053DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,053DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$19,925NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$37,418GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$19,925CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$21,357TotalRevAndExpnssAmt
Total Net Invst Incm$21,357TotalNetInvstIncmAmt
Total Adj Net Incm$1,432TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$25LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm$25LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$25LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,095AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$1,095AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,095AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$29TaxesRevAndExpnssAmt
Taxes Adj Net Incm$29TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,149TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,149TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,120TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,799ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,799ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,948TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,149TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$12,919TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$8,409ExcessRevenueOverExpensesAmt
Net Investment Income$21,357NetInvestmentIncomeAmt
Adjusted Net Income$283AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,245CashBOYAmt
Cash EOY$503CashEOYAmt
Cash EOYFMV$503CashEOYFMVAmt
Corporate Stock BOY$50,130CorporateStockBOYAmt
Corporate Stock EOY$61,280CorporateStockEOYAmt
Corporate Stock EOYFMV$169,338CorporateStockEOYFMVAmt
Other Assets EOY$1OtherAssetsEOYAmt
Total Assets BOY$53,375TotalAssetsBOYAmt
Total Assets EOY$61,784TotalAssetsEOYAmt
Total Assets EOYFMV$169,841TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$45,376CapitalStockBOYAmt
Capital Stock EOY$45,376CapitalStockEOYAmt
Retained Earning BOY$7,999RetainedEarningBOYAmt
Retained Earning EOY$16,408RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$53,375TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$61,784TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$53,375TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$61,784TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$53,375TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$8,409ExcessRevenueOverExpensesAmt
Subtotal$61,784SubtotalAmt
Tot Net Ast Or Fund Balances EOY$61,784TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyVARIOUS PER CHARLES-SCHWAB_6715PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2023-08-01AcquiredDt
Sold2024-07-31SoldDt
Gross Sales Price$37,418GrossSalesPriceAmt
Cost Or Other Basis$17,493CostOrOtherBasisAmt
Gain Or Loss$19,925GainOrLossAmt
Gains Minus Excess Or Losses$19,925GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$19,925CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$14NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$297InvestmentIncomeExciseTaxAmt
Subtotal$297SubtotalAmt
Tax Based On Investment Income$297TaxBasedOnInvestmentIncomeAmt
Tax Due$297TaxDueAmt
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 ContributorsfalseNewSubstantialContributorsInd
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 Line1Fang WangBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4086236999PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15686 Country Club ParkwayAddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95138ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Fang Wang
5686 Country Club ParkwaySan JoseCA95138CEO8.00$0
Jie Wang
5686 Country Club ParkwaySan JoseCA95138CFO0.00$0
Andrew Wang
5686 Country Club ParkwaySan JoseCA95138Secretary0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1The foundation donated cash funds to various charitable organizations to support for the educational purposes.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$136,948AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,089AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$141,037TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$141,037AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,116CashDeemedCharitableAmt
Net Vl Noncharitable Assets$138,921NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,946MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,946MinimumInvestmentReturnAmt
Tax Based On Investment Income$297TaxBasedOnInvestmentIncomeAmt
Total Tax$297TotalTaxAmt
Distributable Before Adj$6,649DistributableBeforeAdjAmt
Distributable Before Ded$6,649DistributableBeforeDedAmt
Distributable As Adjusted$6,649DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,919ExpensesAndContributionsAmt
Qualifying Distributions$12,919QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,649DistributableAsAdjustedAmt
Undistributed Income PY$733UndistributedIncomePYAmt
Qualifying Distributions$12,919QualifyingDistributionsAmt
Applied To Year1$733AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,649AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,537RemainingDistriFromCorpusAmt
Total Corpus$5,537TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,537ExcessDistriCyovToNextYrAmt
Excess From Current Year$5,537ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerFang WangContributingManagerNm
Contributing ManagerJie WangContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
Tsinghua Education Foundation North
2735 Sand Hill Road Suite 110Menlo ParkCA94025CHARITABLCHARITABLE DONATION$1,000
Princeton University
1 Nassau HallPrincetonNJ08544PCCHARITABLE DONATION$7,299
AIDSLifeCycle
940 Howard StSan FranciscoCA94103CHARITABLE DONATION$1,000CHARITABLE DONATION
Chinese Performing Arts of Ameirca
6148 Bollinger RdSan JoseCA95129CHARITABLE DONATION$2,000CHARITABLE DONATION
Buddhist Tzu Chi Foundation
2355 Oakland RdSan JoseCA95131CHARITABLE DONATION$500CHARITABLE DONATION
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,799TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$379RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,053RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$19,925RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$21,357RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$21,357TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number13LineNumberTxt
Relationship StatementProviding funds for accomplishment of foundation's exempt purposes.RelationshipStatementTxt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax PrepareCategoryTxt
Amt$1,095Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$1,095AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,095DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryDept. of JusticeCategoryTxt
Legal Fees$25LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$25AdjustedNetIncomeAmt
Disbursements Charitable Prps$25DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
EOY Book Value$1EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRSCategoryTxt
Amt$29Amt
Adjusted Net Income$29AdjustedNetIncomeAmt