CHENG FAMILY FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CHENG FAMILY FOUNDATION (EIN 90-0883149)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201813199349104581
- Schema version
- 2017v2.3
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T16:31:26-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954149172 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEMO ARJANI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 EAST COLORADO BLVD 426 | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | 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 DBA | BusinessNameLine1Txt |
| Business Name Line2 | CHENG FAMILY PRIVATE FOUNDATION (DE) | BusinessNameLine2Txt |
| 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 | 2018-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM H HRANCHAK | PreparerPersonNm |
| PTIN | P00641665 | PTIN |
| Phone | 6265781978 | PhoneNum |
| Preparation | 2018-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.214.34.122 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-15 | IPDt |
| IP Tm | 14:31:42 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A77E8333B118A3AFDDA26A8E8E316A5B788D6D1F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C45C03FAED87904061BDD2D4BDBD7CC6F7C38BBB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,171,465 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,700 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,700 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $94,048 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $94,048 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $382,885 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $382,885 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $360,478 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $350,983 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $350,983 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $350,983 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $48,801 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $48,801 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $878,417 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $878,417 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $222,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $111,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $111,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $19,094 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $9,547 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $9,547 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $134 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $134 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,501 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,626 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $47,129 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $44,658 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,471 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,445 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,138 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $7,307 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,040 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,805 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $14,013 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $7,006 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,007 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $256,243 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $241,308 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,935 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $584,599 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $431,088 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $153,276 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,691,514 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,691,514 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,276,113 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $431,088 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,844,790 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,397,696 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $447,329 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,053,434 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $653,888 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,653,887 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,922,075 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,005,048 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,210,313 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $193,456 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $21,120 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments EOY | $172,336 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $172,336 | LandBldgInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,236 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $884 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $587 | LandBOYAmt |
| Land EOY | $352 | LandEOYAmt |
| Land EOYFMV | $352 | LandEOYFMVAmt |
| Other Assets BOY | $1,478,268 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,368,008 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,134,577 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,454,364 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,199,632 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,171,465 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $259 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $357 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $259 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $357 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,454,105 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,199,275 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,454,105 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,199,275 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,454,364 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,199,632 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,454,105 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,397,696 | ExcessRevenueOverExpensesAmt |
| Other Increases | $142,866 | OtherIncreasesAmt |
| Subtotal | $5,199,275 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,199,275 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| TRADED SECURITIES LONG-TERM COVERED | P | 2017-12-31 | $131,440 | $131,440 | $131,440 |
| TRADED SECURITIES SHORT-TERM COVERED | P | 2017-12-31 | $138,989 | $138,989 | $138,989 |
| TRADED SECURITIES SHORT-TERM COVERED | P | 2017-12-31 | $33,892 | $33,892 | $33,892 |
| TRADED SECURITIES LONG-TERM COVERED | P | 2017-12-31 | $46,662 | $46,662 | $46,662 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $350,983 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,296,241 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $5,764,905 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.224850 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $839,544 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,665,076 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.125962 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $695,368 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,754,230 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.059159 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $624,924 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $695,359 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.898707 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $70,440 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $36,504 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.929652 | DistributionYr5Rt |
| Total Distribution | 3.238330 | TotalDistributionRt |
| Average Distribution | 0.647666 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,694,389 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,040,396 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,473 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,044,869 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,844,790 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,947 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,947 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,947 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $279 | EsPenaltyAmt |
| Tax Due | $9,226 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| 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 | INTEGRITY ACCOUNTING SOLUTIONS INC | IndividualWithBooksNm |
| Phone | 8184140332 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 620 N KENWOOD ST SUITE 107 | AddressLine1Txt |
| City | GLENDALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91206 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 |
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 | ||||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PRESIDENT & DIRECTOR | 30.00 | $222,000 | $0 | $0 |
| 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 |
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 | $3,586,265 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $953,831 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $225,781 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,765,877 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,765,877 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $71,488 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,694,389 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $234,719 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $234,719 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,947 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,947 | TotalTaxAmt |
| Distributable Before Adj | $225,772 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $225,772 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $225,772 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,844,790 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,844,790 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,844,790 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $225,772 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $69,805 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $590,156 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $110,196 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $506,794 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,007,996 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,284,947 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,844,790 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $225,772 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,619,018 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,903,965 | 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 | $69,805 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,834,160 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $590,156 | ExcessFromYear4Amt |
| Excess From Year3 | $110,196 | ExcessFromYear3Amt |
| Excess From Year2 | $506,794 | ExcessFromYear2Amt |
| Excess From Year1 | $1,007,996 | ExcessFromYear1Amt |
| Excess From Current Year | $1,619,018 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 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 | $15,000 |
| DANCE CONSERVATORY OF PASADENA SCHOOL | ||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PUBLIC CHARITY | GENERAL SUPPORT | $195,000 |
| DIAVOLO DANCE THREATER | ||||||
| 616 MOULTON AVENUE | LOS ANGELES | CA | 90031 | PUBLIC CHARITY | GENERAL SUPPORT | $1,035,000 |
| GRAND CIRCLE FOUNDATION | ||||||
| 347 CONGRESS STREET | BOSTON | MA | 02210 | PUBLIC CHARITY | GENERAL SUPPORT | $30,000 |
| HUNTINGTON LIBRARY AND ART GALLERY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PUBLIC CHARITY | GENERAL SUPPORT | $171,514 |
| LOMA LINDA UNIVERSITY EYE CLINIC | ||||||
| 11370 ANDERSON 1800 | LOMA LINDA | CA | 92354 | PUBLIC CHARITY | GENERAL SUPPORT | $75,000 |
| MONTEREY BAY AQUARIUM | ||||||
| 886 CANNERY ROW | MONTEREY | CA | 93940 | PUBLIC CHARITY | GENERAL SUPPORT | $50,000 |
| THE PARK ACADEMY | ||||||
| PO BOX 242 | MARYLHURST | OR | 97036 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| TRILLIUM FAMILY SERVICES | ||||||
| 3415 SE POWELL BOULEVARD | PORTLAND | OR | 97202 | PUBLIC CHARITY | GENERAL SUPPORT | $10,000 |
| USC KAUFMAN SCHOOL OF DANCE | ||||||
| 840 WEST 34TH STREET | LOS ANGELES | CA | 90089 | PUBLIC CHARITY | GENERAL SUPPORT | $70,000 |
| DIVISION OF CHILD PSYCHIATRY OHSU | ||||||
| 3181 SW SAM JACKSON PARK RD | PORTLAND | OR | 97239 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| LOS ROBLES MASTER CHORALE | ||||||
| 4607 LAKEVIEW CANYON ROAD 344 | WESTLAKE VILLAGE | CA | 91361 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,691,514 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,700 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $94,048 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $360,478 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $48,801 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $350,983 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $856,010 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $856,010 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,501 | Amt |
| Net Investment Income | $2,626 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $875 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| COMPUTER | 2016-10-07 | $1,236 | $31 | 200DB | 5.000000000000 | $235 | $0 |
| 506 CANYON DR #85 - LAND | 2012-05-18 | $86,267 | L | $0 | $0 | ||
| 506 CANYON DR #85 - BLDG | 2012-05-18 | $100,310 | $16,872 | SL | 27.500000000000 | $3,648 | $3,648 |
| COMMISSIONS - LAND PURCHASE | 2013-12-11 | $2,567 | L | $0 | $0 | ||
| COMMISSIONS - BLDG PURCHASE | 2013-12-11 | $3,013 | $335 | SL | 27.500000000000 | $110 | $110 |
| IMPROVEMENTS | 2014-09-30 | $1,299 | $108 | SL | 27.500000000000 | $47 | $47 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MERRILL LYNCH #02831 EQUITIES | $1,461,299 | $1,603,751 |
| MERRILL LYNCH #02831 MUTUAL FUNDS | $1,543,749 | $1,606,562 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| 506 CANYON DR #85 - LAND | $86,267 | $0 | $86,267 | $86,267 |
| 506 CANYON DR #85 - BLDG | $100,310 | $20,520 | $79,790 | $79,790 |
| COMMISSIONS - LAND PURCHASE | $2,567 | $0 | $2,567 | $2,567 |
| COMMISSIONS - BLDG PURCHASE | $3,013 | $445 | $2,568 | $2,568 |
| IMPROVEMENTS | $1,299 | $155 | $1,144 | $1,144 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | COMPUTER | CategoryOrItemTxt |
| Cost Or Other Basis | $1,236 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $884 | AccumulatedDepreciationAmt |
| Book Value | $352 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $134 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $134 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT IN RVMA BEACON LLC | $226,677 | $205,172 | $205,172 |
| LOAN RECEIVABLE - DIAVOLO DANCE THEATRE | $200,000 | $200,000 | $200,000 |
| DUE FROM CA FOUNDATION | $1,051,591 | $729,405 | $729,405 |
| INVESTMENT IN OAKLAND APT LLC | $233,431 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (22 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $1,080 | $372 | $708 |
| DUES & SUBSCRIPTIONS | $2,827 | $0 | $2,827 |
| FILING FEES | $245 | $122 | $123 |
| LICENSE AND PERMITS | $25 | $13 | $12 |
| MEALS & ENTERTAINMENT | $2,628 | $1,314 | $1,314 |
| PAYROLL SERVICES | $1,494 | $747 | $747 |
| POSTAGE | $15 | $8 | $7 |
| ADVERTISING AND PROMOTION | $2,497 | $1,248 | $1,249 |
| OFFICE SUPPLIES | $117 | $59 | $58 |
| STORAGE | $6,876 | $3,438 | $3,438 |
| INSURANCE | $3,507 | $1,754 | $1,753 |
| MISCELLANEOUS | $4,391 | $2,196 | $2,195 |
| COMMISSION - WESTMINSTER SALE | $217,161 | $217,161 | $0 |
| PENALTIES AND INTEREST | $239 | $239 | $0 |
| COMPUTER AND INTERNET EXPENSE | $977 | $489 | $488 |
| PARKING | $32 | $16 | $16 |
| LOSS ON PARTNERSHIP | $445 | $445 | $0 |
| HOA DUES | $3,583 | $3,583 | $0 |
| INSURANCE | $756 | $756 | $0 |
| PROPERTY TAXES | $3,448 | $3,448 | $0 |
| CAM | $3,880 | $3,880 | $0 |
| BUSINESS LICENSE | $20 | $20 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $48,801 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $48,801 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $48,801 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHENG FAMILY FOUNDATION - CALIFORNIA | Desc |
| Amt | $142,866 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES - ASSET | $41,981 | $41,981 | $0 |
| OTHER PROFESSIONAL FEES | $2,471 | $0 | $2,471 |
| MANAGEMENT FEES | $2,677 | $2,677 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $13,014 | $6,507 | $6,507 |
| FOREIGN TAXES | $393 | $393 | $0 |
| FRANCHISE TAX BOARD | $800 | $0 | $800 |
| SALES TAX ON LEASE | $4,238 | $4,238 | $0 |