2022-11-08T15:18:11-06:00 2021-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2021-01-01 352684719 Ge Li & Ning Zhao Family Foundation % Foundation Source GELI 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 DR NING ZHAO PRESIDENT 8008391754 2022-10-31 true DR NING ZHAO 999009999 Jeffrey D Haskell P01345770 8008391754 2021 2022-09-23 18:48:47Z X 287226671 X 220862621 1604 1604 8908422 8908422 10712023 477333360 86239588 240484670 95149614 0 69540 0 0 69540 1618 1618 0 0 495353 389736 105617 2177621 114494 5062 109432 2858626 396416 0 284589 8270000 8270000 11128626 396416 0 8554589 229356044 94753198 17880365 67456262 67456262 10000000 190038637 163881288 65000000 60000000 45150000 6042520 10784030 10739121 98922885 328278929 287226671 0 0 X 98922885 328278929 98922885 328278929 98922885 328278929 98922885 229356044 328278929 328278929 Publicly-traded Securities 477333360 391093772 86239588 86239588 86239588 1317069 1317069 1317069 1253600 0 91900 1345500 X 0 28431 28431 false false false false false false false true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false true true false false false false false false false false false false false false false false false false false Dr Ge Li Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Treas 4.0 0 0 0 Michael Le-Cheng Li Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 8.0 0 0 0 Teddy Wang Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 18.0 0 0 0 Lawrence Zhang Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 17.0 0 0 0 Jun Zhao Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 17.0 0 0 0 Dr Ning Zhao Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec 10.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 106054 Seyfarth Shaw LLP 233 S Wacker Dr STE 8000 CHICAGO IL 606066448 Legal 68027 Enboon Capital Management Corporation 251 Little Falls Dr WILMINGTON DE 19808 Admin & Inv MGMT 479167 152089769 12393323 9998497 174481589 0 174481589 2617224 171864365 8593218 8593218 1317069 1317069 7276149 7276149 7276149 8554589 0 0 0 0 8554589 7276149 2019 2018 2017 1047708 1047708 8554589 7276149 1278440 2326148 0 2326148 1047708 1278440 DR GE LI DR NING ZHAO X COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 622 W 113TH ST MC4524 NEW YORK NY 10025 N/A PC For the benefit of Columbia College, the Faculty of Arts and Sciences and the Graduate School of Arts & Sciences 4000000 MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ PO BOX 27106 NEW YORK NY 10087 N/A PC to establish The Ning Zhao & Ge Li Family Initiative for Lung Cancer Research and New Therapies 4000000 PEDDIE SCHOOL 201 S MAIN ST HIGHTSTOWN NJ 08520 N/A PC Seltzer team 5000 SCRIPPS RESEARCH INSTITUTE 10550 N TORREY PINES RD LA JOLLA CA 92037 N/A PC In support of the John Martin Memorial Lecture 250000 SOMERSET HILLS LEARNING INSTITUTE INC 1810 BURNT MILLS RD BEDMINSTER NJ 07921 N/A PC In support of the Halloween Ball 15000 8270000 14 1604 14 8908422 18 10712023 19622049 19622049 false false false false false false false false false false X X 1 Dr Ge Li Dr Ning Zhao House 185 No 1883 Nong Hua Mu Rd Shanghai CH 201204 220862621 X 1 WUXI BIOLOGICS (CAYMAN) INC WXIBF, 5000000 sh. 75806452 2021-05-28 1 WUXI BIOLOGICS (CAYMAN) INC WXIBF, 5030000 sh. 75256041 2021-10-06 1 WUXI BIOLOGICS (CAYMAN) INC WXIBF, 5030000 sh. 69800128 2021-11-22 General Consultations 1618 1618 Dr Ge Li Dr. Ge Li, Director/Treasurer of Ge Li & Ning Zhao Family Foundation (the "Foundation"), is an owner at the consulting firm of Enboon Capital Management Corporation, a disqualified person which provides administrative and investment management services to the Foundation. During the taxable year ending December 31, 2021, the Foundation paid $97,917 for administrative services and $381,250 for investment management services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such consulting firm billed the Foundation at or below the rate it charges its other clients. Teddy Wang * Resigned from the Foundation in 2021 Lawrence Zhang * Resigned from the Foundation in 2021 Jun Zhao * Resigned from the Foundation in 2021 Dr Ning Zhao Dr. Ning Zhao, Director/President/Secretary of Ge Li & Ning Zhao Family Foundation (the "Foundation"), is an owner at the consulting firm of Enboon Capital Management Corporation, a disqualified person which provides administrative and investment management services to the Foundation. During the taxable year ending December 31, 2021, the Foundation paid $97,917 for administrative services and $381,250 for investment management services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such consulting firm billed the Foundation at or below the rate it charges its other clients. BSC GEARED BUFF BABA - 11.500% 10000000 6409000 CITI GEARED BUFFERED RECVON MS 20000000 19924000 CREDIT SUISSE - 20.65% 10000000 8535000 UBS AG - 23% - 02/01/2022 10000000 4552000 UBS AG - 14.15% - 02/01/2022 10000000 5730000 CITI 13.55% GEARED BUFFERED RE 20000000 19646640 CITI 18.05% GEARED BUFF TSLA 1 10000000 9890950 PIMCO DYNAMIC INCOME OPPORTUNI 5000000 4890000 VANGUARD FTSE EUROPEAN ETF 9982467 10031280 WUXI BIOLOGICS (CAYMAN) INC 145056170 119422418 CICFH HEALTHCARE INVESTMENT FU 5000000 4996743 GREENBACKER RENEWABLE ENERGY 4741510 4915047 SPECIAL OPPORTUNITY FUND VII, 1042520 827331 General Consultations 69540 69540 Administrative Fees 106054 106054 K-1 Exp GREENBACKER RENEWABLE 5062 5062 Registered Agent Fee 3186 3186 State or Local Filing Fees 192 192 Investment Management Services 389736 389736 ADMINISTRATION OF FOUNDATION 97917 97917 DESIGN FEE 7700 7700 The Foundation's tax preparer is located in Nassau County, NY, which, per IRS release NY-2021-01 announced on September 9, 2021, is included in the list of localities that constitute a covered disaster area for purposes of Treas. Reg. Sec. 301.7508A-1(d)(2) and are entitled to tax relief due to Hurricane Ida. Additional time was needed to calculate and transmit the tax payment. Therefore, Form 2220 indicates that the Q3 or Q4 estimated tax payment made on or before the extended deadline of February 15, 2022 was, in fact, made timely on the original due date of such payment. We respectfully request that no late payment penalties be assessed in connection with such payment(s) per Treas. Reg. Sec. 301.7508A-1(c)(1). 990-PF Estimated Tax for 2021 1253600 990-PF Excise Tax for 2020 924021