CHENG FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHENG FAMILY FOUNDATION (EIN 90-0883149)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202523189349105227
- Schema version
- 2024v5.2
- 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 Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T17:56:55-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952302617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD SUITE 1100 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 | 6268075621 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1130 E GREEN STREET 206 | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CHENG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6268075621 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LIOR TEMKIN | PreparerPersonNm |
| PTIN | P00748170 | PTIN |
| Phone | 3104773924 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,104,633 | 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 |
| Dividends Rev And Expnss | $342,928 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $342,928 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $8,500 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $8,500 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$55,942 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $30,040 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $211,804 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,040 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $381,468 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $381,468 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $281,644 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $168,986 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $84,493 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $81,973 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $81,973 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $6,000 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $6,000 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,261 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,261 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,018 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,509 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,509 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $45,598 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $29,282 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,780 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $26,767 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $26,767 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $375 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $375 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $57,175 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $40,807 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,703 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $513,811 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $271,351 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $189,094 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $283,061 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $283,061 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $796,872 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $271,351 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $472,155 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$415,404 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $110,117 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $23,766 | CashBOYAmt |
| Cash EOY | $42,397 | CashEOYAmt |
| Cash EOYFMV | $42,397 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $96,041 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $56,567 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $56,567 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,817,957 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $546,312 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $547,526 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $676,098 | CorporateStockBOYAmt |
| Corporate Stock EOY | $845,713 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,048,801 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,429,854 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $137,398 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,319,223 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,292,456 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,292,456 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $2,500,000 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $2,850,000 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $2,850,000 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $140,886 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,150,886 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,150,886 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $711,435 | OtherAssetsBOYAmt |
| Other Assets EOY | $116,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $116,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,285,406 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,900,331 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,104,633 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $23,688 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $54,017 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $23,688 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $54,017 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $8,261,718 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,846,314 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,261,718 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,846,314 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,285,406 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,900,331 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,261,718 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$415,404 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,846,314 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,846,314 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| MORGAN STANLEY #2820, SHORT TERM | 2024-01-01 | 2024-12-31 | $24,436 | $26,200 | -$1,764 | -$1,764 |
| MORGAN STANLEY #2820, LONG TERM | 2024-01-01 | 2024-12-31 | $80,162 | $61,210 | $18,952 | $18,952 |
| MORGAN STANLEY #2824, LONG TERM | 2024-01-01 | 2024-12-31 | $107,206 | $94,354 | $12,852 | $12,852 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,040 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,531 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,531 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,531 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,760 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,760 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,229 | OverpaymentAmt |
| Applied To ES Tax | $7,229 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 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 | 100 W BROADWAY | AddressLine1Txt |
| City | GLENDALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91210 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | ||||||||
| 1130 E GREEN STREET 206 | PASADENA | CA | 91106 | PRESIDENT & DIRECTOR | 30.00 | $281,644 | $0 | $0 |
| KEITH CHENG | ||||||||
| 1130 E GREEN STREET 206 | PASADENA | CA | 91106 | DIRECTOR & SECRETARY | 2.00 | $0 | $0 | $0 |
| JEAN LING | ||||||||
| 1130 E GREEN STREET 206 | PASADENA | CA | 91106 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| EUGENE CHENG | ||||||||
| 1130 E GREEN STREET 206 | PASADENA | CA | 91106 | 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 | $2,444,071 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $132,871 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,409,342 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,986,284 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,986,284 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $134,794 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,851,490 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $442,575 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $442,575 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,531 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,531 | TotalTaxAmt |
| Distributable Before Adj | $441,044 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $441,044 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $441,044 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $472,155 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $472,155 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $441,044 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $364,265 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr1 | $81,116 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $445,381 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $472,155 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $441,044 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $31,111 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $476,492 | 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 | $364,265 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $112,227 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $81,116 | ExcessFromYear1Amt |
| Excess From Current Year | $31,111 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| PARK ACADEMY | ||||||
| 1915 SOUNTH SHORE BLVD | LAKE OSWEGO | OR | 97034 | PC | GENERAL SUPPORT | $5,000 |
| OHSU EDUCATION FUND | ||||||
| 3818 SW SAM JACKSON PARK ROAD | PORTLAND | OR | 97239 | PC | GENERAL SUPPORT | $6,000 |
| HUNTINGTON LIBRARY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PC | GENERAL SUPPORT | $15,500 |
| GRAND CIRCLE FOUNDATION | ||||||
| 347 CONGRESS ST | BOSTON | MA | 02110 | PC | GENERAL SUPPORT | $30,000 |
| MONTEREY BAY AQUARIUM | ||||||
| 886 CANNERY ROW | MONTEREY | CA | 93940 | PC | GENERAL SUPPORT | $50,000 |
| LOMA LINDA UNIVERSITY | ||||||
| 11370 ANDERSON STREET SUITE 1800 | LOMA LINDA | CA | 92354 | PC | GENERAL SUPPORT | $75,000 |
| DANCE CONSERVATORY OF PASADENA SCHOOL | ||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PC | GENERAL SUPPORT | $101,561 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $283,061 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $342,928 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$55,942 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $30,040 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $317,026 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $317,026 | 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 | $11,018 | Amt |
| Net Investment Income | $5,509 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,509 | 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 |
|---|---|---|---|---|---|---|---|
| RENTAL HOUSE - PARK SOLDI | 2019-10-03 | $683,211 | $104,552 | SL | 27.500000000000 | $24,844 | $24,844 |
| HARDWOOD FLOOR - PARK SOLDI | 2019-10-03 | $26,253 | $4,019 | SL | 27.500000000000 | $955 | $955 |
| AIR CONDITIONING - PARK SOLDI | 2020-07-17 | $3,170 | $398 | SL | 27.500000000000 | $115 | $115 |
| ARTIFICIAL GRASS - PARK SOLDI | 2022-08-03 | $6,175 | $438 | SL | 20.000000000000 | $309 | $309 |
| RENTAL HOUSE - PARK SOLDI | 2019-10-03 | $704,512 | L | 27.500000000000 | $0 | $0 | |
| EV CHARGER | 2021-09-28 | $6,533 | $1,224 | SL | 12.000000000000 | $544 | $544 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENT - CORPORATE STOCK | StockNm |
| EOY Book Value | $845,713 | EOYBookValueAmt |
| EOYFMV | $1,048,801 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $546,312 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $547,526 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| RENTAL HOUSE - PARK SOLDI | $683,211 | $129,396 | $553,815 | $553,815 |
| HARDWOOD FLOOR - PARK SOLDI | $26,253 | $4,974 | $21,279 | $21,279 |
| AIR CONDITIONING - PARK SOLDI | $3,170 | $513 | $2,657 | $2,657 |
| ARTIFICIAL GRASS - PARK SOLDI | $6,175 | $747 | $5,428 | $5,428 |
| RENTAL HOUSE - PARK SOLDI | $704,512 | $0 | $704,512 | $704,512 |
| EV CHARGER | $6,533 | $1,768 | $4,765 | $4,765 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT - OTHER | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,150,886 | BookValueAmt |
| EOYFMV | $2,150,886 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $3,261 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,261 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER RECEIVABLES | Desc |
| BOY Book Value | $711,435 | BOYBookValueAmt |
| EOY Book Value | $116,000 | EOYBookValueAmt |
| EOYFMV | $116,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| COMPUTER & INTERNET CHARGES | $391 | $0 | $391 |
| DUES AND SUBSCRIPTIONS | $3,437 | $0 | $2,312 |
| INSURANCE | $6,305 | $0 | $0 |
| OFFICE SUPPLIES | $935 | $0 | $0 |
| POSTAGE | $40 | $0 | $0 |
| INVESTMENT MANAGEMENT FEE | $21,898 | $21,898 | $0 |
| LICENSE AND PERMITS | $5 | $0 | $0 |
| MEALS | $305 | $0 | $0 |
| RENT | $4,950 | $0 | $0 |
| RENTAL HOA DUES | $4,530 | $4,530 | $0 |
| RENTAL INSURANCE | $3,459 | $3,459 | $0 |
| RENTAL PROPERTY MANAGMENT | $539 | $539 | $0 |
| RENTAL REPAIRS AND MAINTENANCE | $10,381 | $10,381 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES | $4,688 | $5,104 |
| OTHER LIABILITIES | $19,000 | $48,913 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAX | $21,032 | $10,516 | $4,780 |
| FEDERAL TAX | $5,000 | $0 | $0 |
| STATE TAX | $700 | $0 | $0 |
| CA REGISTRY OF CHAR TRUSTS | $100 | $0 | $0 |
| PROPERTY TAX | $18,766 | $18,766 | $0 |