DANIEL HAIMING & CAI LI CHANG FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- DANIEL HAIMING & CAI LI CHANG FAMILY FOUNDATION (EIN 81-1567287)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-29
- IRS object ID
- 202312419349100316
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-29T13:25:29-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811567287 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DHC & CLC Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DANI | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Cai Li Chang | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2023-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Cai Li | PersonFirstNm |
| Person Last | Chang | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $64,465,687 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,337,711 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $444 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $444 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $846,214 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $846,214 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$186,461 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $756,419 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $314,807 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,997,908 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,161,465 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $850 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $850 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $310,638 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $310,638 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $282,478 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,928 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $31,775 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $19,275 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $85,298 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $106,804 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $106,804 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $334 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $334 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $245,328 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $897 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $244,431 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,068,505 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $332,738 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $357,419 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $446,822 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $446,822 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,515,327 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $332,738 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $804,241 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $482,581 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $828,727 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $156,765 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $70,874 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $70,874 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $58,470,049 | CorporateStockBOYAmt |
| Corporate Stock EOY | $59,209,744 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $52,067,239 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $12,325,924 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $85,298 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $12,240,626 | LandEOYAmt |
| Land EOYFMV | $12,325,924 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,650 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,650 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $58,626,814 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,522,894 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,465,687 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $12,413,499 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,413,499 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $58,626,814 | RetainedEarningBOYAmt |
| Retained Earning EOY | $59,109,395 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $58,626,814 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,109,395 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $58,626,814 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $71,522,894 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $58,626,814 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $482,581 | ExcessRevenueOverExpensesAmt |
| Subtotal | $59,109,395 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $59,109,395 | 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 |
| Gross Sales Price | $756,419 | GrossSalesPriceAmt |
| Cost Or Other Basis | $441,612 | CostOrOtherBasisAmt |
| Gain Or Loss | $314,807 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $314,807 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $314,807 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,519 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,519 | SubtotalAmt |
| Tax Based On Investment Income | $11,519 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,979 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $7,979 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $3,540 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Cai Li Chang | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 25.0 | $0 | $0 | $0 |
| Daniel Hai-ming Chang | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 15.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Fidelity Investments | |||||
| 245 Summer Street | BOSTON | MA | 02210 | Investment MGMT | $244,145 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $70,500 |
| Charles Schwab & Co | |||||
| 3000 Schwab Way | WESTLAKE | TX | 76262 | Investment MGMT | $66,493 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EDUCATIONAL LECTURE SERIES - PROVIDE EDUCATIONAL RESOURCES AND LEARNING OPPORTUNITIES THAT ARE NOT COMMONLY AVAILABLE IN CHINESE TO LOCAL CHINESE (MANDARIN)-SPEAKING COMMUNITY | Description1Txt |
| Expenses1 | $445 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $53,638,405 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $253,203 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $53,891,608 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $6,652,843 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $47,238,765 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $708,581 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $46,530,184 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,326,509 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,326,509 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,519 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,519 | TotalTaxAmt |
| Distributable Before Adj | $2,314,990 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,314,990 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,314,990 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $804,241 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $12,327,574 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $13,131,815 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,314,990 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $801,317 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Qualifying Distributions | $13,131,815 | QualifyingDistributionsAmt |
| Applied To Year1 | $801,317 | AppliedToYear1Amt |
| Applied To Current Year | $2,314,990 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,015,508 | RemainingDistriFromCorpusAmt |
| Total Corpus | $10,015,508 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $10,015,508 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $10,015,508 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Cai Li Chang | ContributingManagerNm |
| Contributing Manager | Daniel Hai-ming Chang | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | |||||||
| 245 SUMMER ST MZ NM43A | BOSTON | MA | 02210 | N/A | PC | Chang Family Donor Advised Fund | $439,022 |
| FRIENDS OF COAST WALK TRAIL | |||||||
| 1515 COAST WALK | LA JOLLA | CA | 92037 | N/A | PC | General & Unrestricted | $2,500 |
| FRIENDS OF WE CHINESE IN AMERICA | |||||||
| 4151 CLAIREMONT MESA BLVD | SAN DIEGO | CA | 92117 | N/A | PC | General & Unrestricted | $800 |
| SAN DIEGO CHINESE ASSOCIATION FOR SCIENCE AND TECH | |||||||
| 10437 ROSEDUST GLEN DR | SAN DIEGO | CA | 92127 | N/A | PC | General & Unrestricted | $3,000 |
| UNIVERSITY OF SAN DIEGO | |||||||
| 5998 ALCALA PARK | SAN DIEGO | CA | 92110 | N/A | PC | Parent's Fund | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $446,822 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $444 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $846,214 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$186,461 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $660,197 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $660,197 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Chang Family Irrevocable Trust | |||||||
| 1 | 501 Silverside Road Suite 123 | Wilmington | DE | 18909 | $337,109 | Yes (X) | Yes (X) |
| Chang Family Revocable Trust | |||||||
| 2 | 501 Silverside Road Suite 123 | Wilmington | DE | 18909 | $1,000,602 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | CHENIERE ENERGY INC LNG, 75 sh. | $12,616 | 2022-12-06 |
| 1 | DEERE CO DE, 100 sh. | $43,646 | 2022-12-06 |
| 1 | APPLIED MATERIALS INC AMAT, 250 sh. | $26,355 | 2022-12-06 |
| 1 | FREEPORT-MCMORAN COPPER & GOLD INC FCX, 680 sh. | $26,540 | 2022-12-06 |
| 1 | QUANTA SVCS INC PWR, 100 sh. | $15,058 | 2022-12-06 |
| 1 | HALLIBURTON COMPANY HAL, 350 sh. | $12,894 | 2022-12-06 |
| 2 | VALERO ENERGY CORP VLO, 1000 sh. | $120,420 | 2022-12-06 |
| 2 | ELI LILLY & CO LLY, 200 sh. | $73,616 | 2022-12-06 |
| 2 | DEERE CO DE, 300 sh. | $130,938 | 2022-12-06 |
| 2 | LAM RESEARCH CORP LRCX, 80 sh. | $35,723 | 2022-12-06 |
| 2 | UNIVERSAL FOREST PRODUCTS, INC UFPI, 500 sh. | $39,905 | 2022-12-06 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BOOKKEEPING SERVICES | CategoryTxt |
| Amt | $5,000 | Amt |
| Disbursements Charitable Prps | $5,000 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|
| BUILDING | 2022-06-23 | $4,330,514 | SL | 27 | $85,298 | $0 |
| LAND | 2022-06-23 | $7,995,410 | L | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (148 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD | $468,868 | $392,934 |
| ABBOTT LABS | $692,227 | $686,736 |
| ABBVIE INC | $486,136 | $627,370 |
| ACCELLERON INDS ADR | $9,357 | $13,158 |
| ACTIVISION BLIZZARD INC | $194,396 | $218,168 |
| ADOBE SYSTEMS, INC | $331,620 | $212,014 |
| ADVANCED MICRO DEVICES INC | $515,405 | $226,695 |
| AIR PRODS & CHEM INC | $353,107 | $423,858 |
| ALBEMARLE CP | $641,967 | $618,051 |
| ALPHABET INC CL A | $1,562,186 | $982,881 |
| AMAZON COM | $1,550,866 | $809,759 |
| AMGEN INC | $247,615 | $309,915 |
| AMPHENOL CORPORATION | $339,493 | $350,244 |
| ANALOG DEVICES INC | $550,403 | $590,508 |
| ANSYS INC | $62,062 | $60,398 |
| APPLE INC | $1,648,146 | $1,461,712 |
| APPLIED MATERIALS INC | $1,386,320 | $1,158,821 |
| BANK OF AMERICA CORP | $728,750 | $594,504 |
| BAYER A G SPONSORED ADR | $15,965 | $12,860 |
| BIOGEN INC | $167,365 | $193,844 |
| BLACKROCK INC | $515,540 | $446,437 |
| BOEING CO | $180,104 | $150,487 |
| BRISTOL-MYERS SQUIBB CO | $115,464 | $143,900 |
| BROADCOM INC | $974,560 | $877,833 |
| BUNGE LTD | $109,386 | $119,724 |
| CANADIAN PACIFIC RAILWAY LTD | $914,778 | $742,096 |
| CAPITAL ONE FINANCIAL CORP | $411,563 | $273,302 |
| CARRIER GLOBAL | $219,807 | $177,128 |
| CATERPILLAR INC | $371,056 | $467,142 |
| CENTENE CORP | $320,389 | $336,241 |
| CF INDUSTRIES HOLDINGS, INC | $530,923 | $661,152 |
| CHECK POINT SOFTWARE TECHNOLOG | $208,716 | $227,088 |
| CHENIERE ENERGY INC | $327,806 | $491,119 |
| CHEVRON CORP | $390,835 | $592,317 |
| CHUBB LIMITED | $444,930 | $511,792 |
| CIGNA CORPORATION | $104,943 | $135,187 |
| CISCO SYSTEMS INC | $589,211 | $492,598 |
| CITIGROUP INC | $187,426 | $139,082 |
| COMERICA INC | $265,456 | $217,263 |
| CONOCOPHILLIPS | $707,882 | $1,165,839 |
| CORTEVA INC | $120,076 | $153,768 |
| COSTCO WHOLESALE CORPORATION | $664,031 | $693,880 |
| CSX CORP | $594,948 | $548,346 |
| CVS CAREMARK CORP | $538,213 | $507,886 |
| D R HORTON | $160,820 | $147,081 |
| DEERE CO | $805,311 | $1,093,337 |
| DELL TECHNOLOGIES INC CLASS C | $253,052 | $203,433 |
| DEXCOM, INC | $153,395 | $138,153 |
| DIAGEO PLC ADS | $265,813 | $247,684 |
| DOLLAR GENERAL CORP | $173,251 | $197,000 |
| DOW INC | $45,760 | $44,494 |
| EAST WEST BANCORP, INC | $470,792 | $421,760 |
| ELI LILLY & CO | $343,622 | $548,760 |
| EOG RESOURCES INC | $310,246 | $466,272 |
| EXPEDITORS INTL WASH INC | $295,573 | $282,662 |
| EXXON MOBIL CORP | $58,750 | $88,240 |
| FEDEX CORPORATION | $176,742 | $121,240 |
| FIRST REPUBLIC BANK | $727,881 | $463,182 |
| FREEPORT-MCMORAN COPPER & GOLD | $760,644 | $766,840 |
| GEN DYNAMICS CP | $116,304 | $138,942 |
| GLOBE LIFE INC | $79,969 | $90,413 |
| GOLDMAN SACHS GROUP | $734,365 | $690,194 |
| HALLIBURTON COMPANY | $27,557 | $37,383 |
| HOME DEPOT INC | $591,450 | $508,535 |
| HONEYWELL INTL | $310,646 | $357,881 |
| HSBC HOLDINGS PLC | $53,152 | $34,276 |
| IAC INTERACTIVE CORP | $121,463 | $59,052 |
| ILLINOIS TOOL WORKS | $388,160 | $381,119 |
| INGERSOLL-RAND INC | $10,558 | $9,196 |
| INTEL CORP | $452,653 | $249,103 |
| INTERCONTINENTAL EXCHANGE, INC | $455,737 | $348,806 |
| INTERNATIONAL BUSINESS MACHINE | $64,490 | $70,445 |
| INTERNATIONAL PAPER CO | $76,815 | $59,564 |
| INTUIT | $1,199,164 | $776,493 |
| JD.COM, INC | $365,516 | $269,424 |
| JOHNSON & JOHNSON | $160,617 | $172,234 |
| JP MORGAN CHASE | $568,091 | $512,933 |
| KROGER CO | $132,270 | $133,740 |
| L3HARRIS TECHNOLOGIES | $130,100 | $148,870 |
| LABORATORY CORP AMER HLDGS | $702,060 | $553,378 |
| LAM RESEARCH CORP | $35,723 | $33,624 |
| LINDE PLC COM | $355,919 | $373,476 |
| LOCKHEED MARTIN CORP | $27,285 | $48,649 |
| LOWES COMPANIES INC | $868,885 | $703,317 |
| LVMH MOET HENN UNSP | $495,512 | $528,776 |
| MAGNA INTERNATIONAL INC | $315,128 | $230,338 |
| MARATHON OIL CORP COM | $70,118 | $121,815 |
| MARATHON PETROLEUM CORP | $60,710 | $116,390 |
| MARTIN MARIETTA MATLS INC | $383,876 | $343,040 |
| MARVELL TECHNOLOGY, INC | $40,370 | $37,040 |
| MASTERCARD INC | $347,961 | $358,857 |
| MATCH GROUP INC | $342,796 | $119,035 |
| MEDTRONIC PLC | $329,606 | $256,476 |
| MERCADOLIBRE, INC | $322,565 | $270,797 |
| META PLATFORMS INC | $514,337 | $180,510 |
| MICROSOFT CORP | $2,172,056 | $1,628,377 |
| MONDELEZ INTERNATIONAL INC | $48,503 | $49,988 |
| MONSTER BEVERAGE CORP | $88,405 | $101,530 |
| MORGAN STANLEY | $573,099 | $558,581 |
| NASDAQ OMX GROUP | $512,003 | $616,568 |
| NICE SYSTEMS LTD | $514,175 | $379,793 |
| NIDEC CORPORATION ADR | $116,620 | $51,080 |
| NORFOLK SOUTHERN CORP | $552,509 | $556,909 |
| NVIDIA CORP | $2,027,415 | $1,160,351 |
| O'REILLY AUTOMOTIVE INC | $69,474 | $84,403 |
| OCCIDENTAL PETROLEUM CORP | $6,791 | $9,197 |
| OCCIDENTAL PETROLEUM CORP WARR | $89 | $742 |
| ORACLE CORP | $715,559 | $660,459 |
| OWENS CORNING | $200,755 | $196,190 |
| PARKER HANNIFIN CP | $406,079 | $387,030 |
| PAYPAL HOLDINGS, INC | $911,670 | $370,700 |
| PROCTER GAMBLE CO | $222,579 | $212,184 |
| PULTE GROUP INC | $97,585 | $87,190 |
| QORVO INC | $425,901 | $250,166 |
| QUALCOMM INC | $796,806 | $546,842 |
| QUANTA SVCS INC | $129,948 | $156,750 |
| QUEST DIAGNOSTICS | $78,443 | $74,309 |
| RAYTHEON TECHNOLOGIES CORP | $622,891 | $766,782 |
| REGENERON PHARMACEUTICALS INC | $137,831 | $162,335 |
| RESMED INC | $761,692 | $681,626 |
| ROCHE HOLDING LTD ADR | $445,793 | $339,235 |
| ROCKWELL AUTOMATION INC | $368,212 | $276,888 |
| SALESFORCE.COM | $563,166 | $338,105 |
| SAP AKTIENGESELL ADS | $374,294 | $280,677 |
| SCHLUMBERGER LTD | $11,697 | $16,038 |
| SIEMENS AG | $308,351 | $254,523 |
| SK TELECOM ADS ADS | $85,525 | $37,515 |
| SKYWORKS SOLUTIONS, INC | $396,563 | $232,382 |
| STARBUCKS CORP COM | $477,250 | $429,040 |
| STRYKER CORPORATION | $433,540 | $451,084 |
| SVB FINANCIAL GROUP | $873,795 | $385,485 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $912,635 | $661,844 |
| TARGET CORPORATION | $74,795 | $59,616 |
| THERMO FISHER SCIENTIFIC INC | $638,134 | $679,551 |
| UNILEVER PLC AMER | $71,044 | $67,973 |
| UNION PACIFIC | $550,770 | $499,039 |
| UNIVERSAL FOREST PRODUCTS, INC | $39,905 | $39,625 |
| V F CORP | $138,034 | $50,526 |
| VALERO ENERGY CORP | $443,482 | $708,513 |
| VEEVA SYSTEMS INC | $51,015 | $48,414 |
| VISA INC | $470,760 | $488,236 |
| VMWARE INC | $126,409 | $334,889 |
| WALT DISNEY HOLDINGS CO | $424,432 | $240,223 |
| WELLS FARGO & CO | $138,714 | $123,870 |
| WHIRLPOOL CORP | $132,969 | $85,583 |
| WYNDHAM HOTELS & RESORTS INC C | $271,478 | $231,758 |
| ZIMMER BIOMET HOLDINGS | $179,978 | $184,875 |
| ZIMVIE ORD SHS | $4,249 | $1,354 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BUILDING | $4,330,514 | $85,298 | $4,245,216 | $4,330,514 |
| LAND | $7,995,410 | $7,995,410 | $7,995,410 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foundation Formation/1023 Prep | CategoryTxt |
| Legal Fees | $850 | LegalFeesAmt |
| Disbursements Charitable Prps | $850 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GARDEN MARBLE STATUE | $0 | $879 | $879 |
| ANGEL MARBLE STATUE | $0 | $771 | $771 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $70,500 | $70,500 | |
| Bank Charges | $897 | $897 | |
| Computers/Electronic Devices | $2,897 | $2,897 | |
| Digital Subscriptions | $30 | $30 | |
| Equipment Maintenance | $740 | $740 | |
| Equipment/Furniture Purchase | $48,430 | $48,430 | |
| Office Supplies | $6,310 | $6,310 | |
| Postage/Delivery Service | $1,101 | $1,101 | |
| Property insurance | $73,494 | $73,494 | |
| Property Maintenance | $40,615 | $40,615 | |
| State or Local Filing Fees | $314 | $314 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $12,413,499 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $310,638 | Amt |
| Net Investment Income | $310,638 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2022 | $7,800 | |
| 990-PF Extension for 2021 | $4,700 | |
| Foreign Tax Paid | $19,275 | $19,275 |