STRATEGY STUDIO / PUBLIC DATA EXPLORER

GRACE OF LORD FUND TRUST: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
GRACE OF LORD FUND TRUST (EIN 33-0705385)
Tax period
2017-04-01 to 2018-03-31
Filed
2018-08-06
IRS object ID
201822189349100852
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-08-06T09:36:59-07:00ReturnTs
Tax Period End2018-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330444533PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOU J YEN CPA A PROFESSIONAL CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11460 STARBUCK STAddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP928335670ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330705385EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRACE OF LORD FUND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRACBusinessNameControlTxt
Phone7148791898PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113341 SILVERBERRY CIRCLEAddressLine1Txt
CityCERRITOSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPERSIS LAUPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone5628606000PhoneNum
Signature2018-06-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOU J YENPreparerPersonNm
PTINP00133138PTIN
Phone7148791898PhoneNum
Preparation2018-08-06PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$295,151FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$31,100ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$6,376InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,376InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$6,376InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$37,476TotalRevAndExpnssAmt
Total Net Invst Incm$6,376TotalNetInvstIncmAmt
Total Adj Net Incm$6,376TotalAdjNetIncmAmt
Taxes Rev And Expnss$75TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$75TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$71,350ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$71,350ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$71,425TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$71,350TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$33,949ExcessRevenueOverExpensesAmt
Net Investment Income$6,376NetInvestmentIncomeAmt
Adjusted Net Income$6,376AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$329,100SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$295,151SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$295,151SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$329,100TotalAssetsBOYAmt
Total Assets EOY$295,151TotalAssetsEOYAmt
Total Assets EOYFMV$295,151TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$329,100RetainedEarningBOYAmt
Retained Earning EOY$295,151RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$329,100TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$295,151TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$329,100TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$295,151TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$329,100TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$33,949ExcessRevenueOverExpensesAmt
Subtotal$295,151SubtotalAmt
Tot Net Ast Or Fund Balances EOY$295,151TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$44,535AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$315,200NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.141291DistributionYr1Rt
Adjusted Qlfy Distri Yr2$9,700AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$256,100NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.037876DistributionYr2Rt
Adjusted Qlfy Distri Yr3$18,535AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$251,175NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.073793DistributionYr3Rt
Adjusted Qlfy Distri Yr4$22,039AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$251,175NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.087744DistributionYr4Rt
Adjusted Qlfy Distri Yr5$16,396AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$256,100NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.064022DistributionYr5Rt
Total Distribution0.404726TotalDistributionRt
Average Distribution0.080945AverageDistributionRt
Net Vl Noncharitable Assets$275,800NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$22,325AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$64NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$22,389AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$71,350QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$64InvestmentIncomeExciseTaxAmt
Subtotal$64SubtotalAmt
Tax Based On Investment Income$64TaxBasedOnInvestmentIncomeAmt
Tax Due$64TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HOU J YEN CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7148791898PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2006AddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP928370006ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DANNY LAU
13341 SILVERBERRY CIRCLECERRITOSCA90703TRUSTEE10.00$0$0$0
PERSIS LAU
13341 SILVERBERRY CIRCLECERRITOSCA90703TRUSTEE10.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SPONSOR SEMINARY STUDENTS;PLACE NOTICE ON A CHURCH BULLETIN TO SOLICIT DONATION AND MAKE KNOWN THE PURPOSE OF THIS TRUST; VISIT THE STUDENTS AT THE SEMINARY TO INFORM THE TRUST'S PURPOSE.Description1Txt
Expenses1$71,350Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$280,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$280,000TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$280,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,200CashDeemedCharitableAmt
Net Vl Noncharitable Assets$275,800NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,790MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$13,790MinimumInvestmentReturnAmt
Tax Based On Investment Income$64TaxBasedOnInvestmentIncomeAmt
Total Tax$64TotalTaxAmt
Distributable Before Adj$13,726DistributableBeforeAdjAmt
Distributable Before Ded$13,726DistributableBeforeDedAmt
Distributable As Adjusted$13,726DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$71,350ExpensesAndContributionsAmt
Qualifying Distributions$71,350QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$64PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$71,286AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,726DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$825ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$9,602ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$6,106ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$28,905ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$45,438TotalExcessDistributionCyovAmt
Qualifying Distributions$71,350QualifyingDistributionsAmt
Applied To Current Year$13,726AppliedToCurrentYearAmt
Remaining Distri From Corpus$57,624RemainingDistriFromCorpusAmt
Total Corpus$103,062TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$825ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$102,237ExcessDistriCyovToNextYrAmt
Excess From Year4$9,602ExcessFromYear4Amt
Excess From Year3$6,106ExcessFromYear3Amt
Excess From Year1$28,905ExcessFromYear1Amt
Excess From Current Year$57,624ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHOU J YENRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2006AddressLine1Txt
CityFULLERTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP928370006ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7148791898RecipientPhoneNum
Form And Info And MaterialsRESUME & BUDGET FOR NEEDFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxtAddress Line2RecipientUSAddress/AddressLine2Txt
BISHOP BRANCH BAPTIST CHURCH
1109 CENTRAL RDCENTRALSC29630SUPPORT ABRAHAM LIU'S CHINA MINISTRY$1,000
KUM CHEUN NGAI
11215 LUCAS STCERRITOSCA90703SUPPORT FOR HIS CHINESE MINISTRY$11,600NONE
GRACE TAEKO HIRAGA
12401 KNOLLWOOD RDSEAL BEACHCA90740SUPPORT FOR ASIAN MINISTRY$1,20038D
GOSPEL OPERATION INTERNATIONAL
15824 MAIN STLA PUENTECA91744SUPPORT JOH LEI'S CHINA MINISTRY$500
WEI SZU
286 BEAVER CT 309POMONACA91766SUPPORT FOR CHINA MINISTRY$1,400NONE
CHINESE GOSPEL CHURCH
35301 FIVE MILE RDLIVONIAMI48154SUPPORT FOR ACTIONS AND MISSIONS$5,000
HIGHPOINT EVANGELICAL CHRISTIAN CHU
3862 RIVER PLACE COURTCOLUMBUSOH43221SUPPORT CHURCH MINISTRY$10,000
FRIENDS OF GRACE
415 W CHAPMAN AVEPLACENTIACA92870SUPPORT FOR ACTIONS AND MISSIONS$3,000
KAJIA ZHOU
416 WOODSTONE RDCLINTONMS39056SUPPORT CHINA MINISTRY$3,000APT C2
PETER W NING
4707 JUDGE PLCONCORDNC28027SUPPORT FOR CHINA MISSION$17,400NONENW
FAITH HOPE LOVE MINISTRY
4872 PLEASANT VALLEY DRCOLUMBUSOH432205409SUPPORT FOR CHINESE MINISTRY$10,000
JOHN LIU
5251 BRIDGE WOOD DRIVELA PALMACA90623SUPPORT FOR CHINA MISSION$3,900NONE
MIN CHEN
9428 THATCHER HALL CTCHARLOTTENC28277SUPPORT FOR HIS MINISTRY$700
CAMPUS CRUSADE FOR CHRIST
PO BOX 628222ORLANDOFL328628222SUPPORT FOR PHILIP VOON'S MINISTRY$1,200NONE
FULL GOSPEL BUSINESS MEN'S FELLOWSH
PO BOX 2006FULLERTONCA92837MINISTRY SUPPORT$950
FAR EAST BROADCASTING CO
PO BOX 2157LA HABRACA90632CHINESE MINISTRY$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$71,350TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,376ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$6,376ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,376TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndAddress Line2ContributorUSAddress/AddressLine2Txt
DANNY LAU
113341 SILVERBERRY CIRCLECERRITOSCA90703$7,500Yes (X)
PAKYAN NGAI
2225 N STERRA STRENONV89501$10,000Yes (X)UNIT 1002
GABRIEL T CHONG LEIGH ANNE P
33016 STONE GAP CTRALEIGHNC27612$6,000Yes (X)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL EXCISE TAX$65
FRANCHISE TAX BOARD$10