JMM CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JMM CHARITABLE FOUNDATION INC (EIN 20-4679694)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349107802
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:54:14-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 S FIGUEROA ST STE 900 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900175743 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204679694 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JMM CHARITABLE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JMMC | BusinessNameControlTxt |
| Phone | 3106938200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST CENTURY BLVD | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90045 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHIRLEY WANG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3106938200 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHAN CHANG FONG | PreparerPersonNm |
| PTIN | P00370716 | PTIN |
| Phone | 2133566000 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $313,438,021 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $50,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $7,051,725 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,183,960 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $460,365 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $483,423 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $483,423 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,460,041 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,452 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $70,972,131 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,671,835 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $53,675 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $48,308 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $5,368 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $64,574 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $58,117 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,457 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $109,316 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $98,385 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,932 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $804,544 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $920,111 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,434 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $90,045 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,566 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $372,164 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,022 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,494,318 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,153,509 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $29,191 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,162,019 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,190,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,656,337 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,153,509 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,220,091 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $58,315,794 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,518,326 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $152,780,904 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $84,197,502 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $84,197,502 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $94,837,976 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $211,931,630 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $211,931,630 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,397,983 | OtherAssetsBOYAmt |
| Other Assets EOY | $17,308,889 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $17,308,889 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $251,016,865 | TotalAssetsBOYAmt |
| Total Assets EOY | $313,438,021 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $313,438,021 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $97,500 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $170,000 | AccountsPayableEOYAmt |
| Grants Payable BOY | $3,973,606 | GrantsPayableBOYAmt |
| Grants Payable EOY | $8,034,768 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $28,300 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,099,406 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,204,768 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $246,917,459 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $305,233,253 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $246,917,459 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $305,233,253 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $251,016,865 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $313,438,021 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $246,917,459 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $58,315,794 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $305,233,253 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $305,233,253 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2023-01-01 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $483,423 | GrossSalesPriceAmt |
| Gain Or Loss | $483,423 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $483,423 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $483,423 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $90,605 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $90,605 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $90,605 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $105,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $105,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,425 | EsPenaltyAmt |
| Overpayment | $12,970 | OverpaymentAmt |
| Applied To ES Tax | $12,970 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | SHIRLEY WANG | IndividualWithBooksNm |
| Phone | 3106938200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST CENTURY BLVD | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90045 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| WALTER W WANG | ||||||||
| 1421 STONE CANYON ROAD | LOS ANGELES | CA | 90077 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| SHIRLEY WANG | ||||||||
| 1421 STONE CANYON ROAD | LOS ANGELES | CA | 90077 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN MAI THRU 123118 | ||||||||
| 5200 W CENTURY BLVD | LOS ANGELES | CA | 90045 | SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| WALTER WANG JR | ||||||||
| 1421 STONE CANYON ROAD | LOS ANGELES | CA | 90077 | OFFICER | 20.00 | $53,675 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $191,886,516 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $50,670,187 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,421,380 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $255,978,083 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $255,978,083 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,839,671 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $252,138,412 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $12,606,921 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $12,606,921 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $90,605 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $90,605 | TotalTaxAmt |
| Distributable Before Adj | $12,516,316 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $12,516,316 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $12,516,316 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,220,091 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,220,091 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $12,516,316 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $163,580 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $163,580 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,220,091 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,220,091 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $163,580 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $163,580 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $5,132,645 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WALTER W WANG | ContributingManagerNm |
| Contributing Manager | SHIRLEY WANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COLUMBIA UNIVERSITY | |||||||
| 622 WEST 131ST STREET MC 8741 | NEW YORK | NY | 10025 | NONE | PC | TO SUPPORT EDUCATION | $2,500,000 |
| HARVARD WESTLAKE | |||||||
| 3700 COLDWATER CANYON | STUDIO CITY | CA | 91604 | NONE | PC | GENERAL SUPPORT | $25,000 |
| UC REGENTS (WALTER & SHIRLEY WANG UCLA MEDICAL HOSPITALITY PROGRAM) | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | MEDICAL CENTER | $17,400 |
| UC REGENTS (WALTER JR UCLA MEDICAL HOSPITALITY PROGRAM) | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | MEDICAL CENTER | $8,700 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | TO SUPPORT DEPRESSION DIGNOSTIC RESEARCH FUBD | $200,000 |
| UNIVERSITY PRESBYTERIAN CHURCH | |||||||
| 209 E FRANKLIN ST | CHAPEL HILL | NC | 27514 | NONE | PC | GENERAL SUPPORT | $500,000 |
| UNIVERSITY PRESBYTERIAN CHURCH | |||||||
| 209 E FRANKLIN ST | CHAPEL HILL | NC | 27514 | NONE | PC | TO RENOVATE AND REMODEL BUILDING | $100,000 |
| FRIENDS OF IR DAVID INC | |||||||
| 99 WALL STREET 5727 | NEW YORK | NY | 10005 | NONE | PC | FOR ARCHAEOLOGICAL DISCOVERY AND RELATED EDUCATIONAL PROGRAMMING IN JERUSALEM'S ANCIENT CITY OF DAVID. | $250,000 |
| SUGAR RAY LEONARD FOUNDATION | |||||||
| 18039 CHATSWORTH ST PO BOX 33007 | GRANADA HILLS | CA | 91394 | NONE | PC | FOR CHARITY BOXING NIGHT | $1,000 |
| COMMITTEE OF 100 INC | |||||||
| PO BOX 3504 | NEW YORK | NY | 10008 | NONE | PC | GENERAL SUPPORT | $150,000 |
| CEDARS-SINAI MEDICAL CENTER | |||||||
| 8700 BEVERLY BOULEVARD SUITE 2416 | LOS ANGELES | CA | 90048 | NONE | PC | TO SUPPORT DEPARTMENT OF EMERGENCY MEDICINE | $1,500,000 |
| FREE A GIRL FOUNDATION | |||||||
| 170 S MAIN STREET STE 1125 | SALT LAKE CITY | UT | 84101 | NONE | PC | GENERAL SUPPORT | $10,000 |
| ASIA SOCIETY SOUTHERN CALIFORNIA | |||||||
| 633 WEST FIFTH STREET SUITE 3230 | LOS ANGELES | CA | 90071 | NONE | PC | GENERAL SUPPORT | $5,000 |
| BODYTRAFFIC | |||||||
| 3435 WILSHIRE BLVD STE 200 | LOS ANGELES | CA | 90010 | NONE | PC | TO SUPPORT DANCE PERFORMANCES AND IT'S VITAL OUTREACH AND EDUCATION INITIATIVE. | $10,000 |
| LOS ANGELES PHILHARMONIC ASSOCIATION | |||||||
| 151 SOUTH GRAND AVENUE | LOS ANGELES | CA | 90012 | NONE | PC | GENERAL SUPPORT | $25,000 |
| UC REGENTS (CHANTALLE UCLA WANG MEDICAL HOSPITALITY PROGRAM) | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | OC | MEDICAL CENTER | $8,700 |
| ADDICTION EDUCATION SOCIETY | |||||||
| 1415 STONE CANYON ROAD | LOS ANGELES | CA | 90077 | NONE | PC | FOR 2ND ANNUAL CHUK JOHNSON MEMORIAL GOLF TOURNMENT | $5,000 |
| TUNNEL TO TOWERS FOUNDATION | |||||||
| 2361 HYLAN BOULEVARD | STATEN ISLAND | NY | 10306 | NONE | PC | GENERAL SUPPORT | $250,000 |
| ASIAN SOCIETY GAME CHANGER | |||||||
| 633 WEST FIFTH STREET SUITE 3230 | LOS ANGELES | CA | 90071 | NONE | PC | FOR ASIAN SOCIETY GAME CHANGER AWARDS | $25,000 |
| THE HOME DEPOT FOUNDATION | |||||||
| 2171 PEACHTREE RD NE APT 1401 | ATLANTA | GA | 303096313 | NONE | PC | GENERAL SUPPORT | $450,000 |
| ASIAN HALL OF FAME | |||||||
| 116 FAIRVIEW AVE NO SUITE 613 | SEATTLE | WA | 981095358 | NONE | PC | GENERAL SUPPORT | $5,000 |
| GOLD HOUSE FOUNDATION | |||||||
| 440 N BARRANCA AVE 5118 | COVINA | CA | 91723 | NONE | PC | GENERAL SUPPORT | $1,100,000 |
| ASIAN AMERICAN ADVANCING JUSTICE 40TH ANNIVERSARY GALA | |||||||
| VIBIANA 214 S MAIN ST | LOS ANGELES | CA | 90012 | NONE | PC | GENERAL SUPPORT | $45,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,190,900 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,051,725 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $13,460,041 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $460,365 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,972,131 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,972,131 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JM MANUFACTURING COMPANY INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 W CENTURY BLVD 10TH FL | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90045 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $50,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $109,316 | Amt |
| Net Investment Income | $98,385 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,932 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOLDMAN_ALTERNATIVE INVESTMENTS | AT COST | $103,280 | $103,280 |
| ML #4626_INVESTMENTS | AT COST | $2,368,603 | $2,368,603 |
| MS #9498_ALTERNATIVE INVESTMENT | AT COST | $1,049,498 | $1,049,498 |
| SSC PARTNERS II-B LP | AT COST | $117,848 | $117,848 |
| BANNER RIDGE SECONDARY | AT COST | $621,623 | $621,623 |
| RREF IV PROPERTY DOMESTIC | AT COST | $489,602 | $489,602 |
| FPA WHITEHAWK III ONSHORE | AT COST | $449,306 | $449,306 |
| WOODMONT INVESTMENT LTD | AT COST | $1,000,000 | $1,000,000 |
| FIRST REPUBLIC SECURITIES #1084 | AT COST | $37,915,133 | $37,915,133 |
| FIRST REPUBLIC SECURITIES #1290 | AT COST | $7,678,854 | $7,678,854 |
| FIRST REPUBLIC SECURITIES #7386 | AT COST | $2,586,845 | $2,586,845 |
| FIRST REPUBLIC SECURITIES #7618 | AT COST | $1,829,927 | $1,829,927 |
| FIRST REPUBLIC SECURITIES #7626 | AT COST | $2,329,891 | $2,329,891 |
| FIRST REPUBLIC SECURITIES #7642 | AT COST | $2,587,399 | $2,587,399 |
| FIRST REPUBLIC SECURITIES #7659 | AT COST | $1,837,159 | $1,837,159 |
| FIRST REPUBLIC SECURITIES #7675 | AT COST | $20,937,075 | $20,937,075 |
| FIRST REPUBLIC SECURITIES #7683 | AT COST | $15,786,511 | $15,786,511 |
| MERRILL LYNCH #4697 | AT COST | $253,145 | $253,145 |
| MARKETABLE SECURITIES | AT COST | $1,081,220 | $1,081,220 |
| BISON VENTURES FUND I LP | AT COST | $510,000 | $510,000 |
| INTUDO VENTURES IV LP | AT COST | $6,250 | $6,250 |
| FD SECURITIES #1863 | AT COST | $43,894,833 | $43,894,833 |
| JP MORGAN SECURITIES #2008 | AT COST | $62,568,225 | $62,568,225 |
| FIRST REPUBLIC SECURITIES #6403 | AT COST | $3,929,403 | $3,929,403 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $64,574 | LegalFeesAmt |
| Net Investment Income | $58,117 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,457 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAIDS/OTHER CURRENT ASSETS | Desc |
| BOY Book Value | $3,397,983 | BOYBookValueAmt |
| EOY Book Value | $17,308,889 | EOYBookValueAmt |
| EOYFMV | $17,308,889 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| NET REALIZED AND UNREALIZED GAIN ON INVESTMENT | $13,460,041 | $0 | $13,460,041 |
| OTHER INCOME | $0 | $4,452 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED SECTION 4940 EXCISE TAX | $20,000 | $0 |
| ACCRUED EXPENSE | $8,300 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $740,201 | $862,203 | $0 |
| ADMINISTARTION FEES | $64,343 | $57,908 | $6,434 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SECTION 4940 EXCISE TAX EXPENSE | $348,142 | $0 | $0 |
| FOREIGN TAXES | $24,022 | $24,022 | $0 |