JAE S LIM FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- JAE S LIM FOUNDATION (EIN 27-2910858)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-10
- IRS object ID
- 201812839349100026
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-10T15:50:03-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 272910858 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jae S Lim Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | JAES | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAEHO LIM | PersonNm |
| Person Title | secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2018-09-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,368,861 | 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 | $1,865,790 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,672 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,672 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $251,896 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $251,896 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $234,129 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $952,466 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $603,452 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,359,487 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $863,020 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $72,933 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $72,933 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,094 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $13,094 | PensionEmplBnftDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,734 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $7,213 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $14,357 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $14,357 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,200 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,200 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $51,451 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $51,451 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $173,982 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $153,035 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $337,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $337,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $510,982 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $490,035 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,848,505 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $863,020 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,036,536 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,290,439 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,290,439 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,499,818 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,101,633 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,806,822 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $281,320 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,852 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $259,681 | LandBOYAmt |
| Land EOY | $252,468 | LandEOYAmt |
| Land EOYFMV | $271,600 | LandEOYFMVAmt |
| Total Assets BOY | $11,796,035 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,644,540 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,368,861 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $11,796,035 | RetainedEarningBOYAmt |
| Retained Earning EOY | $13,644,540 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,796,035 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,644,540 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,796,035 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,644,540 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,796,035 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,848,505 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,644,540 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $13,644,540 | 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 |
| Gross Sales Price | $952,466 | GrossSalesPriceAmt |
| Cost Or Other Basis | $349,014 | CostOrOtherBasisAmt |
| Gain Or Loss | $603,452 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $603,452 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $603,452 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $187,574 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,264,674 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.018274 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $380,207 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,249,404 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046089 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $873,730 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,248,916 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.139821 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $55,307 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,338,004 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.012749 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $52,497 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,925,907 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.027258 | DistributionYr5Rt |
| Total Distribution | 0.244191 | TotalDistributionRt |
| Average Distribution | 0.048838 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $14,935,551 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $729,422 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,630 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $738,052 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $490,035 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,260 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,260 | SubtotalAmt |
| Tax Based On Investment Income | $17,260 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,900 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $7,792 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $17,692 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $432 | OverpaymentAmt |
| Applied To ES Tax | $432 | 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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | false | BusinessHoldingsInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Jae S Lim | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 1.0 | $0 | $0 | $0 |
| Taeho Lim | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec | 32.0 | $72,933 | $7,085 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $50,136 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,040,379 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,122,617 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,162,996 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,162,996 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $227,445 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,935,551 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $746,778 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $746,778 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,260 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,260 | TotalTaxAmt |
| Distributable Before Adj | $729,518 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $729,518 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $729,518 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $490,035 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $490,035 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $490,035 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $729,518 | DistributableAsAdjustedAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Excess Distribution Cyov Yr3 | $49,190 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $49,190 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $490,035 | QualifyingDistributionsAmt |
| Applied To Current Year | $490,035 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $49,190 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $49,190 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $190,293 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jae S Lim | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AGAWAM HIGH SCHOOL | |||||||
| 760 COOPER ST | AGAWAM | MA | 01001 | N/A | GOV | General & Unrestricted | $3,000 |
| ATTLEBORO HIGH SCHOOL | |||||||
| 100 RATHBUN WILLARD DR | ATTLEBORO | MA | 02703 | N/A | GOV | 2017-18 Attleboro Math & Science Prizes program | $3,000 |
| BARNSTABLE HIGH SCHOOL | |||||||
| 744 W MAIN ST | HYANNIS | MA | 02601 | N/A | GOV | 2017-18 Barnstable Math & Science Prizes program | $3,000 |
| BONNY EAGLE HIGH SCHOOL | |||||||
| 700 SACO RD | STANDISH | ME | 04084 | N/A | GOV | 2017-18 Bonny Eagle Math & Science Prizes program | $3,000 |
| BRISTOL CENTRAL HIGH SCHOOL | |||||||
| 480 WOLCOTT ST | BRISTOL | CT | 06010 | N/A | GOV | 2017-18 Bristol Central Math & Science Prizes program | $3,000 |
| CRANSTON HIGH SCHOOL WEST | |||||||
| 80 METROPOLITAN AVE | CRANSTON | RI | 02920 | N/A | GOV | 2017-18 Cranston West Math & Science Prizes program | $3,000 |
| CUMBERLAND HIGH SCHOOL | |||||||
| 2600 MENDON RD | CUMBERLAND | RI | 02864 | N/A | GOV | General & Unrestricted | $3,000 |
| DANVERS HIGH SCHOOL | |||||||
| 60 CABOT RD | DANVERS | MA | 01923 | N/A | GOV | 2017-18 Danvers Math & Science Prizes program | $3,000 |
| DOVER SENIOR HIGH SCHOOL | |||||||
| 25 ALUMNI DR | DOVER | NH | 03820 | N/A | GOV | 2017-18 Dover Math & Science Prizes program | $3,000 |
| FALMOUTH HIGH SCHOOL | |||||||
| 874 GIFFORD ST | FALMOUTH | MA | 02540 | N/A | GOV | General & Unrestricted | $3,000 |
| GEORGIA TECH FOUNDATION INC | |||||||
| 760 SPRING ST NW STE 400 | ATLANTA | GA | 30308 | N/A | PC | High school teacher stipend for Project ENGAGES | $5,000 |
| LONDONDERRY HIGH SCHOOL | |||||||
| 295 MAMMOTH RD | LONDONDERRY | NH | 03053 | N/A | GOV | General & Unrestricted | $3,000 |
| MAHWAH HIGH SCHOOL | |||||||
| 50 RIDGE RD | MAHWAH | NJ | 07430 | N/A | GOV | General & Unrestricted | $3,000 |
| MALDEN HIGH SCHOOL | |||||||
| 77 SALEM ST | MALDEN | MA | 02148 | N/A | GOV | General & Unrestricted | $3,000 |
| MANCHESTER CENTRAL HIGH SCHOOL | |||||||
| 207 LOWELL ST | MANCHESTER | NH | 03104 | N/A | GOV | 2017-18 Manchester Central Math & Science Prizes program | $3,000 |
| MASSACHUSETTS INSTITUTE OF TECH | |||||||
| 77 MASSACHUSETTS AVE | CAMBRIDGE | MA | 02139 | N/A | PC | Jae S. Lim Graduate Fellowship Fund | $250,000 |
| MEDFORD HIGH SCHOOL | |||||||
| 489 WINTHROP ST | MEDFORD | MA | 02155 | N/A | GOV | 2017-18 Medford Math & Science Prizes program | $3,000 |
| METHUEN HIGH SCHOOL | |||||||
| 1 RANGER RD | METHUEN | MA | 01844 | N/A | GOV | 2017-18 Methuen Math & Science Prizes program | $3,000 |
| MILFORD HIGH SCHOOL | |||||||
| 31 W FOUNTAIN ST | MILFORD | MA | 01757 | N/A | GOV | 2017-18 Milford Math & Science Prizes program | $3,000 |
| NASHUA HIGH SCHOOL SOUTH | |||||||
| 36 RIVERSIDE ST | NASHUA | NH | 03062 | N/A | GOV | 2017-18 Nashua South Math & Science Prizes program | $3,000 |
| NORTH HAVEN HIGH SCHOOL | |||||||
| 221 ELM ST | NORTH HAVEN | CT | 06473 | N/A | GOV | General & Unrestricted | $3,000 |
| PORTSMOUTH HIGH SCHOOL | |||||||
| 50 ANDREW JARVIS DR | PORTSMOUTH | NH | 03801 | N/A | GOV | 2017-18 Portsmouth Math & Science Prizes program | $3,000 |
| RUTLAND HIGH SCHOOL | |||||||
| 22 STRATTON RD | RUTLAND | VT | 05701 | N/A | GOV | 2017-18 Rutland Math & Science Prizes program | $3,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | N/A | PC | Stanford RISE Summer Internship 2018 Program | $10,000 |
| WESTHILL HIGH SCHOOL | |||||||
| 125 ROXBURY RD | STAMFORD | CT | 06902 | N/A | GOV | 2017-18 Westhill Math & Science Prizes program | $3,000 |
| WEYMOUTH HIGH SCHOOL | |||||||
| 1 WILDCAT WAY | SOUTH WEYMOUTH | MA | 02190 | N/A | GOV | 2017-18 Weymouth Math & Science Prizes program | $3,000 |
| WOBURN HIGH SCHOOL | |||||||
| 88 MONTVALE AVE | WOBURN | MA | 01801 | N/A | GOV | 2017-18 Woburn Math & Science Prizes program | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $337,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,672 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $251,896 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $234,129 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $493,697 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $493,697 | 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 |
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 Person | Lim Jae S | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Briarwood Lane | AddressLine1Txt |
| City | Winchester | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,865,790 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (8 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 2500 sh. | $170,575 | 2017-12-29 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 2500 sh. | $162,775 | 2017-10-05 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 2000 sh. | $127,640 | 2017-09-12 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 3000 sh. | $189,000 | 2017-07-20 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 5000 sh. | $311,050 | 2017-06-02 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 5000 sh. | $305,500 | 2017-05-23 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 5000 sh. | $300,400 | 2017-02-23 |
| 1 | VANGUARD TAX MANAGED CAPITAL APPR FD IN VTCIX, 5000 sh. | $298,850 | 2017-02-15 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | CONDO-63 SHORE RD | PropertyDesc |
| Acquired | 2014-01-04 | AcquiredDt |
| Cost Or Other Basis | $281,320 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $21,639 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 39 | LifeRt |
| Current Year Expense | $7,213 | CurrentYearExpenseAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD EXTENDED MARKET INDEX | $301,021 | $541,189 |
| VANGUARD 500 INDEX FUND ADM | $1,230,521 | $1,926,693 |
| VANGUARD SMALL CAP INDEX FD AD | $358,581 | $622,271 |
| VANGUARD TAX-MANAGED SMALL CAP | $699,428 | $932,559 |
| FIDELITY 500 INDEX PREMIUM CLA | $1,113,900 | $1,665,478 |
| SPARTAN EXT MKT INDXFID ADVANT | $956,824 | $1,210,728 |
| VANGUARD TOTAL INT ST IDX-AD | $1,282,809 | $1,481,420 |
| VANGUARD TAX MANAGED CAPITAL A | $6,158,549 | $7,426,484 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CONDO-63 SHORE RD | CategoryOrItemTxt |
| Cost Or Other Basis | $281,320 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $28,852 | AccumulatedDepreciationAmt |
| Book Value | $252,468 | BookValueAmt |
| EOYFMV | $271,600 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $50,136 | $50,136 |
| Office Supplies | $384 | $384 |
| Postage/Delivery Service | $249 | $249 |
| State or Local Filing Fees | $634 | $634 |
| Website Hosting/Support | $48 | $48 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2017 | $9,900 |
| 990-PF Excise Tax for 2016 | $3,834 |