STRATEGY STUDIO / PUBLIC DATA EXPLORER

JINSHAN LI AND CECILIA ZHAO FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
JINSHAN LI AND CECILIA ZHAO FOUNDATION (EIN 20-1332295)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-23
IRS object ID
202301139349100300
Schema version
2022v5.0
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)
Return2023-04-23T16:15:51-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201332295EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JINSHAN LI AND CECILIA ZHAO FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJINSBusinessNameControlTxt
Phone4084102126PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16065 WHITEHAVEN CTAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95138ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJINSHAN LIPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-04-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJINSHANPersonFirstNm
Person LastLIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,280,752FMVAssetsEOYAmt
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$1,006InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,006InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,006InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$5,589DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,589DividendsNetInvstIncmAmt
Dividends Adj Net Incm$5,589DividendsAdjNetIncmAmt
Other Income Rev And Expnss$61OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$6,656TotalRevAndExpnssAmt
Total Net Invst Incm$6,595TotalNetInvstIncmAmt
Total Adj Net Incm$6,595TotalAdjNetIncmAmt
Taxes Rev And Expnss$3,503TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$3,503TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$12,430TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$12,430TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$7,580OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$7,580OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$23,513TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$23,513TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$25,913TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,913TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$19,257ExcessRevenueOverExpensesAmt
Net Investment Income$6,595NetInvestmentIncomeAmt
Adjusted Net Income$6,595AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,409,913CashBOYAmt
Cash EOY$282,219CashEOYAmt
Cash EOYFMV$282,219CashEOYFMVAmt
Corporate Stock BOY$6,177CorporateStockBOYAmt
Corporate Stock EOY$2,115,084CorporateStockEOYAmt
Corporate Stock EOYFMV$1,997,033CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$39,157LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$39,157LandBldgEquipAccumDeprecAmt
Land EOYFMV$1,500LandEOYFMVAmt
Total Assets BOY$2,416,090TotalAssetsBOYAmt
Total Assets EOY$2,397,303TotalAssetsEOYAmt
Total Assets EOYFMV$2,280,752TotalAssetsEOYFMVAmt
Accounts Payable BOY$5,775AccountsPayableBOYAmt
Accounts Payable EOY$6,245AccountsPayableEOYAmt
Total Liabilities BOY$5,775TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,245TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,410,315RetainedEarningBOYAmt
Retained Earning EOY$2,391,058RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,410,315TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,391,058TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,416,090TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,397,303TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,410,315TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$19,257ExcessRevenueOverExpensesAmt
Subtotal$2,391,058SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,391,058TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$92InvestmentIncomeExciseTaxAmt
Subtotal$92SubtotalAmt
Tax Based On Investment Income$92TaxBasedOnInvestmentIncomeAmt
Tax Due$92TaxDueAmt
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 Line1JINSHAN LIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4084102126PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16065 WHITEHAVEN CTAddressLine1Txt
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JINSHAN LI
6065 WHITEHAVEN CTSAN JOSECA95138President10.00$0
CECILIA X ZHAO
6065 WHITEHAVEN CTSAN JOSECA95138Secretary10.00$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$653,877AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,719,428AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,373,305TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,373,305AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$35,600CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,337,705NetVlNoncharitableAssetsAmt
Minimum Investment Return$116,885MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$116,885MinimumInvestmentReturnAmt
Tax Based On Investment Income$92TaxBasedOnInvestmentIncomeAmt
Total Tax$92TotalTaxAmt
Distributable Before Adj$116,793DistributableBeforeAdjAmt
Distributable Before Ded$116,793DistributableBeforeDedAmt
Distributable As Adjusted$116,793DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,913ExpensesAndContributionsAmt
Qualifying Distributions$25,913QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$116,793DistributableAsAdjustedAmt
Undistributed Income PY$9,279UndistributedIncomePYAmt
Qualifying Distributions$25,913QualifyingDistributionsAmt
Applied To Year1$9,279AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$16,634AppliedToCurrentYearAmt
Undistributed Income CY$100,159UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJINSHAN LIContributingManagerNm
Contributing ManagerCECILIA X ZHAOContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
STANFORD FUND
326 GALVEZ STREETSTANFORDCA94305DONATIONPCFOR SUPPORT AND ENHANCE THE UNDERGRADUATE EXPERIENCE OF ALL STANFORD STUDENTS, INCLUDING THEIR OWN.$2,000
SHINSHIN FOUNDATION
433 CALIFORNIA ST SUITE 810SAN FRANCISCOCA94104DONATIONPCTO PROVIDE RESOURCES, LONG TERM CARE, LOVE AND SERVICES TO CONSTRUCT OR RENOVATE ELEMENTARY SCHOOLS IN THE REMOTE, RURAL AND DESPONDENT REGIONS OF CHINA. OUR VISION IS TO IMPROVE THEIR LEARNING ENVIRONMENT, AND THEREFORE TO REDUCE THE DISPARITY IN THE QUALITY OF EDUCATION BETWEEN URBAN AND RURAL AREAS IN CHINA.$400
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,006RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5,589RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOther IncomeDesc
Business900099BusinessCd
Unrelated Business Taxbl Incm$61UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$61UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm$6,595RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,656TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
E Trade - 4223$1,485,195$1,492,553
Merrill - 3601$629,889$504,480

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtEOYFMVEOYFMVAmt
Auto./Transportation Equip.$36,314$36,314$500
Machinery and Equipment$2,843$2,843$1,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Accounting Fees$5,041$5,041
Auto Expense$738$738
Bank Service Charge$155$155
Dues and Subscribe$99$99
Filing Fees$95$95
Meals and Entertainment$546$546
Office Expense$43$43
Postage, Mailing Service$345$345
Professional Fees$518$518

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther IncomeDesc
Revenue And Expenses Per Books$61RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIncome Tax - IRSCategoryTxt
Amt$3,503Amt
Disbursements Charitable Prps$3,503DisbursementsCharitablePrpsAmt