JMM CHARITABLE FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- JMM CHARITABLE FOUNDATION INC (EIN 20-4679694)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349100907
- 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
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T03:20:52-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | 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 | 9735334120 | 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 | OFFICER | PersonTitleTxt |
| Phone | 9735334120 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHIRLEY | PersonFirstNm |
| Person Last | WANG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $251,016,866 | 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 | $145,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,995,091 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,274,544 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $558,020 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $558,020 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,925 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $147,553,111 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,279,469 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $82,403 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $74,163 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,240 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $395,979 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $438,208 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $55,298 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,308 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $9,193 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,207 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,908,408 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,451,281 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $517,886 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,240 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $381,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,476,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $13,832,381 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $517,886 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,484,340 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $133,720,730 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,761,583 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $2 | CashEOYAmt |
| Cash EOYFMV | $2 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $51,954,297 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $152,780,905 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $152,780,905 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $68,370,270 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $94,837,976 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $94,837,976 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,397,983 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,397,983 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $120,324,567 | TotalAssetsBOYAmt |
| Total Assets EOY | $251,016,866 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $251,016,866 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $97,500 | AccountsPayableEOYAmt |
| Grants Payable BOY | $7,163,702 | GrantsPayableBOYAmt |
| Grants Payable EOY | $3,973,606 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $84,529 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $28,300 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,248,231 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,099,406 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $113,076,336 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $246,917,460 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $113,076,336 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $246,917,460 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $120,324,567 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $251,016,866 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $113,076,336 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $133,720,730 | ExcessRevenueOverExpensesAmt |
| Other Increases | $120,394 | OtherIncreasesAmt |
| Subtotal | $246,917,460 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $246,917,460 | 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 | 2021-01-01 | AcquiredDt |
| Sold | 2022-12-31 | SoldDt |
| Gross Sales Price | $558,020 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,511,908 | CostOrOtherBasisAmt |
| Gain Or Loss | -$953,888 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$953,888 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$953,888 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,486 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $24,486 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $24,486 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,740 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $21,740 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,034 | EsPenaltyAmt |
| Tax Due | $3,780 | TaxDueAmt |
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 W WANG | IndividualWithBooksNm |
| Phone | 3104784148 | 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 (3 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 W 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 |
| 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 | $66,210,067 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $32,251,898 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,645 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $98,466,610 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $98,466,610 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,476,999 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $96,989,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,849,481 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,849,481 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,486 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,486 | TotalTaxAmt |
| Distributable Before Adj | $4,824,995 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,824,995 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,824,995 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,484,340 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,484,340 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,824,995 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $143,348 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $838,879 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $522,008 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,504,235 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,484,340 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,484,340 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,340,655 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,340,655 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $163,580 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $163,580 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $163,580 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WALTER W WANG | ContributingManagerNm |
| Contributing Manager | SHIRLEY W WANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 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 | $2,105,000 |
| HARVARD WESTLAKE | |||||||
| 3700 COLDWATER CANYON | STUDIO CITY | CA | 91604 | NONE | PC | GENERAL SUPPORT | $25,000 |
| OJAI PLAYWRIGHTS CONFERENCE | |||||||
| PO BOX 1288 | OJAI | CA | 93024 | NONE | PC | GENERAL SUPPORT | $5,000 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | TO SUPPORT DR. BRIAN SHUCH AND RESEARCH FUND - DR. SHUCH (64439C) | $500,000 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | UROLOGY RESEARCH FUND - DR. SHUCH | $500,000 |
| US OLYMPIC AND PARAOLYMPIC FOUNDATION | |||||||
| 1 OLYMPIC PLAZA | COLORADO SPRINGS | CO | 80909 | NONE | PC | GENERAL SUPPORT | $125,000 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | FINANCIAL | $10,000 |
| UCLA FOUNDATION | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | MEDICAL CENTER | $50,000 |
| UNIVERSITY PRESBYTERIAN CHURCH | |||||||
| 209 E FRANKLIN ST | CHAPEL HILL | NC | 27514 | NONE | PC | GENERAL SUPPORT | $20,000 |
| BEL AIR CHRUCH | |||||||
| 16221 MULHOLLAND DRIVE | LOS ANGELES | CA | 90049 | NONE | PC | GENERAL SUPPORT | $100,000 |
| ST MARTIN IN THE FIELDS EPISCOPAL CHURCH | |||||||
| 7136 WINNETKA AVENUE | WINNETKA | CA | 91306 | NONE | PC | GENERAL SUPPORT | $10,000 |
| UC REGENTS (WALTER JR UCLA MEDICAL HOSPITALITY PROGRAM) | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | MEDICAL CENTER | $8,700 |
| UC REGENTS (WALTER & SHIRLEY WANG UCLA MEDICAL HOSPITALITY PROGRAM) | |||||||
| 10889 WILSHIRE BLVD STE 1000 | LOS ANGELES | CA | 90024 | NONE | PC | MEDICAL CENTER | $17,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,476,100 | 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 | $1,995,091 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $558,020 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,553,111 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,553,111 | 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 | $145,000,000 | 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 | $82,403 | Amt |
| Net Investment Income | $74,163 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,240 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOLDMAN_ALTERNATIVE INVESTMENTS | AT COST | $146,769 | $146,769 |
| ML #4626_INVESTMENTS | AT COST | $2,220,544 | $2,220,544 |
| ML #4628_MUTUAL FUNDS | AT COST | $16,479,577 | $16,479,577 |
| ML #4629_MUTUAL FUNDS | AT COST | $26,452,985 | $26,452,985 |
| MS #9498_ALTERNATIVE INVESTMENT | AT COST | $979,361 | $979,361 |
| SSC PARTNERS II-B LP | AT COST | $50,323 | $50,323 |
| BANNER RIDGE SECONDARY | AT COST | $469,277 | $469,277 |
| RREF IV PROPERTY DOMESTIC | AT COST | $436,485 | $436,485 |
| FPA WHITEHAWK III ONSHORE | AT COST | $585,035 | $585,035 |
| WOODMONT INVESTMENT LTD | AT COST | $1,000,000 | $1,000,000 |
| FIRST REPUBLIC SECURITIES #1084 | AT COST | $22,921,817 | $22,921,817 |
| FIRST REPUBLIC SECURITIES #1290 | AT COST | $3,307,255 | $3,307,255 |
| FIRST REPUBLIC SECURITIES #7386 | AT COST | $1,221,851 | $1,221,851 |
| FIRST REPUBLIC SECURITIES #7618 | AT COST | $773,649 | $773,649 |
| FIRST REPUBLIC SECURITIES #7626 | AT COST | $670,000 | $670,000 |
| FIRST REPUBLIC SECURITIES #7634 | AT COST | $1,235,608 | $1,235,608 |
| FIRST REPUBLIC SECURITIES #7642 | AT COST | $681,415 | $681,415 |
| FIRST REPUBLIC SECURITIES #7659 | AT COST | $752,927 | $752,927 |
| FIRST REPUBLIC SECURITIES #7667 | AT COST | $380,940 | $380,940 |
| FIRST REPUBLIC SECURITIES #7675 | AT COST | $6,205,737 | $6,205,737 |
| FIRST REPUBLIC SECURITIES #7683 | AT COST | $3,848,620 | $3,848,620 |
| MERRILL LYNCH #4697 | AT COST | $3,149,752 | $3,149,752 |
| MARKETABLE SECURITIES | AT COST | $868,049 | $868,049 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAIDS/OTHER CURRENT ASSETS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $3,397,983 | EOYBookValueAmt |
| EOYFMV | $3,397,983 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET REALIZED GAINS | Desc |
| Revenue And Expenses Per Books | $12,908,408 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $0 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,925 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENT | Desc |
| Amt | $120,394 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED SECTION 4940 EXCISE TAX | $64,829 | $20,000 |
| ACCRUED EXPENSE | $19,700 | $8,300 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $395,979 | Amt |
| Net Investment Income | $438,208 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SECTION 4940 EXCISE TAX EXPENSE | $5,986 | $0 | $0 |
| FOREIGN TAXES | $3,207 | $3,207 | $0 |