STRATEGY STUDIO / PUBLIC DATA EXPLORER

HUANG FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
HUANG FAMILY FOUNDATION (EIN 81-0581448)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-02-26
IRS object ID
202100579349100110
Schema version
2020v4.0
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)
Return2021-02-26T13:04:16-08:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474410009PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Korenic & Wojdowski LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18885 Rio San Diego Dr 215AddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92108ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810581448EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUANG FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHUANBusinessNameControlTxt
Phone6192960150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line124 CANYON FAIRWAY DRIVEAddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSL HUANGPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-02-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSLPersonFirstNm
Person LastHUANGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonStephen WojdowskiPreparerPersonNm
PTINP00167195PTIN
Phone6192960150PhoneNum

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,063,787FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$850,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$10,589InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$10,589InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$10,589InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$860,589TotalRevAndExpnssAmt
Total Net Invst Incm$10,589TotalNetInvstIncmAmt
Total Adj Net Incm$10,589TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$695AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$695AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$398TaxesRevAndExpnssAmt
Taxes Adj Net Incm$398TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,093TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,093TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$680,126ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$680,126ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$681,219TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,093TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$680,126TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$179,370ExcessRevenueOverExpensesAmt
Net Investment Income$10,589NetInvestmentIncomeAmt
Adjusted Net Income$9,496AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$64,721CashBOYAmt
Cash EOY$33,502CashEOYAmt
Cash EOYFMV$33,502CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,819,696SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,030,285SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,030,285SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$2,884,417TotalAssetsBOYAmt
Total Assets EOY$3,063,787TotalAssetsEOYAmt
Total Assets EOYFMV$3,063,787TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,884,417RetainedEarningBOYAmt
Retained Earning EOY$3,063,787RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,884,417TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,063,787TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,884,417TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,063,787TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,884,417TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$179,370ExcessRevenueOverExpensesAmt
Subtotal$3,063,787SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,063,787TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$147InvestmentIncomeExciseTaxAmt
Subtotal$147SubtotalAmt
Tax Based On Investment Income$147TaxBasedOnInvestmentIncomeAmt
Tax Due$147TaxDueAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1BETTY HUANGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6192960150PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14100 ISLAND BLVDAddressLine1Txt
CityAVENTURACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33160ZIPCd
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
SL HUANG
4000 ISLAND BLVDAVENTURAFL33160President0.00$0
BETTY HUANG
4000 ISLAND BLVDAVENTURAFL33160Secretary0.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,974,102AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,974,102TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,974,102AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$44,612CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,929,490NetVlNoncharitableAssetsAmt
Minimum Investment Return$146,475MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$146,475MinimumInvestmentReturnAmt
Tax Based On Investment Income$147TaxBasedOnInvestmentIncomeAmt
Total Tax$147TotalTaxAmt
Distributable Before Adj$146,328DistributableBeforeAdjAmt
Distributable Before Ded$146,328DistributableBeforeDedAmt
Distributable As Adjusted$146,328DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$680,126ExpensesAndContributionsAmt
Qualifying Distributions$680,126QualifyingDistributionsAmt
Adjusted Qualifying Distri$680,126AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$146,328DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$159,210ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$177,416ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$80,500ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$323,078ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$405,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,145,204TotalExcessDistributionCyovAmt
Qualifying Distributions$680,126QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$146,328AppliedToCurrentYearAmt
Remaining Distri From Corpus$533,798RemainingDistriFromCorpusAmt
Total Corpus$1,679,002TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$159,210ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,519,792ExcessDistriCyovToNextYrAmt
Excess From Year4$177,416ExcessFromYear4Amt
Excess From Year3$80,500ExcessFromYear3Amt
Excess From Year2$323,078ExcessFromYear2Amt
Excess From Year1$405,000ExcessFromYear1Amt
Excess From Current Year$533,798ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSL HUANGContributingManagerNm
Contributing ManagerBETTY HUANGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE BOWERS MUSEUM
2002 NORTH MAIN STREETSANTA ANACA92706UNRELATED PARTYNON-PROFIEXHIBITION SUPPORT$20,000
PACIFIC SYMPHONY
3631 S HARBOR BLVD SUITE 100SANTA ANACA92704UNRELATED PARTYNON-PROFIGENERAL SUPPORT$3,000
CALIFORNIA INSTITUTE OF TECHNOLOGY
MC-5-32PASADENACA91125UNRELATED PARTYNON-PROFIENDOWED SCHOLARSHIP$250,281
SEGERSTROM CENTER FOR THE ARTS
600 TOWN CENTER DRIVECOSTA MESACA92626UNRELATED PARTYNON-PROFIGENERAL SUPPORT$106,845
UCLA FOUNDATION
10920 WILSHIRE BLVD SUITE 1400LOS ANGELESCA90024UNRELATED PARTYPFGENERAL SUPPORT$50,000
HOAG HOSPITAL FOUNDATION
330 PLACENTIA AVENUE 100NEWPORT BEACHCA92663UNRELATED PARTYPFGENERAL SUPPORT$250,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$680,126TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$10,589RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$10,589RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,589TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSHANG-LI AND BETTY HUANGContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14000 ISLAND BLVD 2102AddressLine1Txt
CityAVENTURACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33160ZIPCd
FieldValueIRS element (for citing)
Total Contributions$850,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryRETURN PREPARATIONCategoryTxt
Amt$695Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$695AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FRANCHISE TAX BOARD$60$60
REGISTRY OF CHARITABLE TRUST$50$50
US DEPT OF TREASURY$288$288