CHENG FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CHENG FAMILY FOUNDATION (EIN 90-0883149)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201933199349104263
- Schema version
- 2018v3.1
- 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
- Depreciation Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T13:58:47-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara L Nielsen CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2629 Foothill Blvd 320 | AddressLine1Txt |
| City | La Crescenta | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900883149 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHENG FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHEN | BusinessNameControlTxt |
| Phone | 6265781978 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WAVERLY DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CHENG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6265781978 | PhoneNum |
| Signature | 2019-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara L Nielsen | PreparerPersonNm |
| PTIN | P00537965 | PTIN |
| Phone | 8189572208 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 71.93.184.249 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 13:58:39 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F2C8C9440B91311C21C349BBBCA30974F0E086D8 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F2C8C9440B91311C21C349BBBCA30974F0E086D8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,420,474 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,685 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,685 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $66,186 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $66,186 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $259,739 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $259,739 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $81,647 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $134,889 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $134,889 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $134,889 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $26,644 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $136,163 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $136,163 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $599,662 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $599,662 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $26,644 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $234,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $117,250 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $117,250 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $32,996 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $16,498 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $16,498 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $352 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $352 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,413 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,810 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,603 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $24,893 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $17,246 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,647 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,945 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,945 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,477 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $5,239 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,238 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $253,716 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $235,685 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $26,644 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,031 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $567,292 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $400,673 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $26,644 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $166,619 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,008,962 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,008,962 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,576,254 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $400,673 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $26,644 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,175,581 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$976,592 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $198,989 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $653,888 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $340,158 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $340,158 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl | $900,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $900,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $900,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $3,005,048 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,578,265 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,522,050 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $193,456 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $24,924 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $172,336 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $168,532 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $168,532 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $1,236 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,025 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $352 | LandBOYAmt |
| Land EOY | $211 | LandEOYAmt |
| Land EOYFMV | $211 | LandEOYFMVAmt |
| Other Assets BOY | $1,368,008 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,214,626 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $489,523 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $5,199,632 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,201,792 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,420,474 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $357 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $357 | AccountsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $357 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $357 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $5,199,275 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,201,435 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,199,275 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,201,435 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,199,632 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,201,792 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,199,275 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$976,592 | ExcessRevenueOverExpensesAmt |
| Other Increases | $58,310 | OtherIncreasesAmt |
| Subtotal | $4,280,993 | SubtotalAmt |
| Other Decreases | $79,558 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,201,435 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SECURITIES, SHORT-TERM COVERED (ML X2830) | P | 2018-07-01 | 2018-12-31 | $12,532 | $0 | $0 | $12,532 | $0 | $0 | $0 | $12,532 |
| SECURITIES, SHORT-TERM COVERED (ML X2831) | P | 2018-07-01 | 2018-12-31 | $14,112 | $0 | $0 | $14,112 | $0 | $0 | $0 | $14,112 |
| SECURITIES, LONG-TERM COVERED (ML X2831) | P | 2017-12-31 | 2018-12-31 | $108,245 | $0 | $0 | $108,245 | $0 | $0 | $0 | $108,245 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $134,889 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $26,644 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,844,790 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,694,389 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.392978 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,296,241 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,764,905 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.224850 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $839,544 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,665,076 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.125962 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $695,368 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,754,230 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.059159 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $624,924 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $695,359 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.898707 | DistributionYr5Rt |
| Total Distribution | 1.701656 | TotalDistributionRt |
| Average Distribution | 0.340331 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,434,341 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,509,144 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,990 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,511,134 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,175,581 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,980 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,980 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,980 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$5,000 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $161 | EsPenaltyAmt |
| Overpayment | $859 | OverpaymentAmt |
| Applied To ES Tax | $859 | AppliedToESTaxAmt |
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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTEGRITY ACCOUNTING SOLUTIONS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8184140332 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N BRAND BLVD Ste 200 | AddressLine1Txt |
| City | GLENDALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 912033590 | 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 | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| JENNIFER CHENG | ||||||||
| 885 S ORANGE GROVE BLVD 41 | PASADENA | CA | 91105 | PRESIDENT & DIRECTOR | 30.00 | $234,500 | $0 | $13,275 |
| KEITH CHENG | ||||||||
| 17542 MARDEE AVE | LAKE OSWEGO | OR | 97035 | DIRECTOR & SECRETARY | 2.00 | $0 | $0 | $0 |
| JEAN LING | ||||||||
| 6152 AVALON CT | LONG BEACH | CA | 90803 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| EUGENE CHENG | ||||||||
| 15260 BRYSON COURT | MORGAN HILL | CA | 95037 | DIRECTOR & TREASURER | 0.50 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,366,181 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $577,422 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,558,266 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,501,869 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $4,501,869 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $67,528 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,434,341 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $221,717 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $221,717 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,980 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,980 | TotalTaxAmt |
| Distributable Before Adj | $217,737 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $217,737 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $217,737 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,175,581 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,175,581 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,175,581 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $217,737 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $590,156 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $110,196 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $506,794 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,007,996 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,619,018 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,834,160 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,175,581 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $1,175,581 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,009,741 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $217,737 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $590,156 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,419,585 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $110,196 | ExcessFromYear4Amt |
| Excess From Year3 | $506,794 | ExcessFromYear3Amt |
| Excess From Year2 | $1,007,996 | ExcessFromYear2Amt |
| Excess From Year1 | $1,619,018 | ExcessFromYear1Amt |
| Excess From Current Year | $1,175,581 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CALIFORNIA PRESENTERS | ||||||
| PO BOX 15322 | SAN LUIS OBISPO | CA | 93406 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| CHAMBER MUSIC NORTHWEST | ||||||
| 522 SW 5TH AVENUE | PORTLAND | OR | 97204 | PUBLIC CHARITY | GENERAL SUPPORT | $75,000 |
| DANCE CONSERVATORY OF PASADENA SCHOOL | ||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PUBLIC CHARITY | GENERAL SUPPORT | $281,000 |
| DANCE RESOURCE CENTER | ||||||
| 3520 OVERLAND AVENUE | LOS ANGELES | CA | 90034 | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| DIAVOLO DANCE THEATER | ||||||
| 616 MOULTON AVENUE | LOS ANGELES | CA | 90031 | PUBLIC CHARITY | GENERAL SUPPORT | $342,840 |
| GRAND CIRCLE FOUNDATION | ||||||
| 347 CONGRESS STREET | BOSTON | MA | 02210 | PUBLIC CHARITY | GENERAL SUPPORT | $30,000 |
| LOMA LINDA UNIVERSITY | ||||||
| 11370 ANDERSON 1800 | LOMA LINDA | CA | 92354 | PUBLIC CHARITY | GENERAL SUPPORT | $75,000 |
| LOS ROBLES MASTER CHORALE | ||||||
| 2245 FIRST ST 208 | SIMI VALLEY | CA | 93065 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| MONTEREY BAY AQUARIUM | ||||||
| 886 CANNERY ROW | MONTEREY | CA | 93940 | PUBLIC CHARITY | GENERAL SUPPORT | $50,000 |
| NATIONAL CHOREOGRAPHERS INSTITUTE | ||||||
| 3334 E COST HWY 276 | CORONA DEL MAR | CA | 92625 | PUBLIC CHARITY | GENERAL SUPPORT | $6,500 |
| OHSU EDUCATION FUND | ||||||
| 3181 SW SAM JACKSON PARK RD | PORTLAND | OR | 97239 | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| PARK ACADEMY | ||||||
| PO BOX 242 | MARYLHURST | OR | 97036 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| THE HUNTINGTON LIBRARY & ART GALLERY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PUBLIC CHARITY | GENERAL SUPPORT | $13,622 |
| TRILLIUM FAMILY SERVICES | ||||||
| 3415 SE POWELL BLVD | PORTLAND | OR | 97202 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | ||||||
| 840 WEST 34TH STREET | LOS ANGELES | CA | 90089 | PUBLIC CHARITY | GENERAL SUPPORT | $85,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,008,962 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,685 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $66,186 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $259,739 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $136,163 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $134,889 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $599,662 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $599,662 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 506 CANYON DR #85, OCEANSIDE | 2012-05-18 | $186,577 | $20,520 | SL | 27.500000000000 | $3,648 |
| COMMISSION - LAND PURCHASE | 2013-12-11 | $2,567 | $0 | SL | 27.500000000000 | $0 |
| COMMISSION - BUILDING PURCHASE | 2013-12-11 | $3,013 | $445 | SL | 27.500000000000 | $109 |
| IMPROVEMENTS | 2014-09-30 | $1,299 | $155 | SL | 27.500000000000 | $47 |
| COMPUTER (CFF) | 2016-10-17 | $1,236 | $266 | 200DB | 5.000000000000 | $141 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN RVMA BEACON, LLC | $205,172 | $194,674 | $194,674 |
| LOAN RECEIVABLE - DIAVOLO DANCE THEATRE | $200,000 | $0 | $0 |
| DUE FROM CA FOUNDATION | $729,405 | $729,405 | $0 |
| INVESTMENT IN OAKLAND APT LLC | $233,431 | $254,849 | $254,849 |
| ESCROW DEPOSIT | $0 | $40,000 | $40,000 |
| OTHER ASSET | $0 | -$4,302 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIOR PERIOD ADJUSTMENT-MERRILL LYNCH ACCOUNT | $78,674 |
| PRIOR PERIOD ADJUSTMENT-DEPRECIATION | $884 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (26 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| ADVERTISING & PROMOTION | $1,006 | $1,006 | ||
| ASSET MANAGEMENT FEES | $13,000 | $13,000 | ||
| BANK SERVICE CHARGES | $618 | $155 | $463 | |
| COMPUTER & INTERNET CHARGES | $1,634 | $817 | $817 | |
| DUES & SUBSCRIPTIONS | $432 | $432 | ||
| INVESTMENT MANAGEMENT FEES | $31,487 | $31,487 | ||
| LICENSES & PERMITS | $25 | $12 | $13 | |
| MEALS & ENTERTAINMENT | $1,391 | $695 | $696 | |
| OFFICE SUPPLIES | $326 | $163 | $163 | |
| PARKING | $160 | $80 | $80 | |
| PAYROLL SERVICES | $1,662 | $831 | $831 | |
| POSTAGE | $70 | $35 | $35 | |
| AUTO EXPENSE | $13,275 | $6,637 | $6,638 | |
| INSURANCE - EMPLOYMENT & D&O | $3,259 | $1,629 | $1,630 | |
| STORAGE | $11,875 | $5,937 | $5,938 | |
| LOAN FEES | $34,500 | $34,500 | ||
| RENTAL CAM CHARGES | $4,010 | $4,010 | ||
| SALES TAX ON LEASE INCOME | $4,238 | $4,238 | ||
| COMMISSION-SALE OF 350 S OAKLAND | $92,500 | $92,500 | ||
| COMMISSION-SALE OF OCEANSIDE CONDO | $30,000 | $30,000 | ||
| RENTAL HOA DUES | $3,583 | $3,583 | ||
| RENTAL INSURANCE | $845 | $845 | ||
| RENTAL PROPERTY MGMT | $1,458 | $1,458 | ||
| RENTAL PROPERTY TAX | $2,295 | $2,295 | ||
| OTHER | $67 | $34 | $33 | |
| ADJUSTED NET INCOME NA | $26,644 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INTEREST INCOME-GLENDALE & 43RD LOAN | $123,496 | $123,496 |
| PARTNERSHIP INCOME-RVMA BEACON LLC | $12,667 | $12,667 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT - RVMA BEACON, LLC CAPITAL ACCOUNT | Desc |
| Amt | $58,310 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX-PY | $9,226 | $9,226 | |
| PAYROLL TAXES | $14,325 | $7,163 | $7,162 |
| FOREIGN TAXES | $409 | $409 | |
| CA FRANCHISE TAX | $820 | $410 | $410 |
| CA REGISTRY OF CHAR TRUSTS | $75 | $75 | |
| RENTAL TAXES & LICENSES | $38 | $38 |