﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-16T20:53:48-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>932291586</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>JC&amp;COMPANY ACCOUNTING CORPORATION</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>10 CORPORATE PARK SUITE 210</AddressLine1Txt>
        <CityNm>IRVINE</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92606</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>320549620</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>JOHN CHUNG FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>JOHN</BusinessNameControlTxt>
      <PhoneNum>9495531110</PhoneNum>
      <USAddress>
        <AddressLine1Txt>10 CORPORATE PARK STE210</AddressLine1Txt>
        <CityNm>IRVINE</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92606</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>YONGDUK CHUNG</PersonNm>
      <PersonTitleTxt>CEO</PersonTitleTxt>
      <PhoneNum>9495531110</PhoneNum>
      <SignatureDt>2025-11-15</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>YONGDUK CHUNG</PreparerPersonNm>
      <PTIN>P00853212</PTIN>
      <PhoneNum>9495531110</PhoneNum>
      <PreparationDt>2025-11-17</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="RetDoc8">
      <NameChangeInd>X</NameChangeInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1264190</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>300000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>7004</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>7004</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>7004</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>4219</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>4219</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>4219</DividendsAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>311223</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>11223</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>11223</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">5500</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>5500</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>5500</AccountingFeesAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc7">50</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>50</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">51753</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>150</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>150</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>51603</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>57303</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>5650</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>5650</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>51653</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>4000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>4000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>61303</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>5650</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>5650</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>55653</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>249920</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>5573</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>5573</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>6899</CashBOYAmt>
        <CashEOYAmt>554707</CashEOYAmt>
        <CashEOYFMVAmt>554707</CashEOYFMVAmt>
        <CorporateStockBOYAmt>875694</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">709483</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>709483</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>882593</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1264190</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1264190</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>10000</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>60000</AccountsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>10000</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>60000</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>872593</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>1204190</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>872593</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1204190</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>882593</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1264190</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>872593</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>249920</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc6">81844</OtherIncreasesAmt>
        <SubtotalAmt>1204357</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc4">167</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1204190</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>77</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>77</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>77</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>77</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>true</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>YONGDUK CHUNG</IndividualWithBooksNm>
        <PhoneNum>9495531110</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>10 CORPORATE PARK STE 210</AddressLine1Txt>
          <CityNm>IRVINE</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92606</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>YONGDUK CHUNG</PersonNm>
          <USAddress>
            <AddressLine1Txt>10 CORPORATE PARK STE 210</AddressLine1Txt>
            <CityNm>IRVINE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92606</ZIPCd>
          </USAddress>
          <TitleTxt>CEO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>PUBLIC EDUCATION ON U.S. TAX COMPLIANCE &amp; FINANCIAL RESPONSIBILITY : THE FOUNDATION ORGANIZED INSTRUCTIONAL SEMINARS AIMED AT IMPROVING PUBLIC AWARENESS OF U.S. DOMESTIC AND INTERNATIONAL TAX COMPLIANCE OBLIGATIONS. THE SESSIONS COVERED ESSENTIAL RULES, FILING REQUIREMENTS, PENALTIES FOR NON-COMPLIANCE, AND PRACTICAL GUIDANCE FOR INDIVIDUALS AND BUSINESS OWNERS. THE PURPOSE OF THESE SEMINARS WAS TO REDUCE TAX-RELATED RISKS AND ENCOURAGE LAWFUL AND RESPONSIBLE PARTICIPATION IN THE FINANCIAL SYSTEM.</Description1Txt>
        <Expenses1Amt>15962</Expenses1Amt>
        <Description2Txt>FINANCIAL LITERACY &amp; ETHICAL WEALTH STEWARDSHIP EDUCATION : THE FOUNDATION HOSTED COMMUNITY-FOCUSED EDUCATIONAL WORKSHOPS DESIGNED TO ENHANCE PARTICIPANTS UNDERSTANDING OF ASSET PROTECTION, LONG-TERM WEALTH PLANNING, RETIREMENT PLANNING, AND RESPONSIBLE FINANCIAL DECISION-MAKING. THE PROGRAM EMPHASIZED ETHICAL STEWARDSHIP, INTER-GENERATIONAL SUSTAINABILITY, AND REDUCTION OF FINANCIAL VULNERABILITIES AMONG FAMILIES AND SMALL-BUSINESS OWNERS.</Description2Txt>
        <Expenses2Amt>14456</Expenses2Amt>
        <Description3Txt>ACCESS-TO-JUSTICE &amp; ESTATE-PLANNING AWARENESS PROGRAM : THE FOUNDATION CONDUCTED LEGAL-EDUCATION SEMINARS TO IMPROVE PUBLIC UNDERSTANDING OF PERSONAL RIGHTS, FAMILY PROTECTION MECHANISMS, AND ESTATE-PLANNING TOOLS SUCH AS WILLS AND TRUSTS. THE PROGRAM AIMED TO INCREASE PUBLIC ACCESS TO PREVENTIVE LEGAL KNOWLEDGE, REDUCE FAMILY DISPUTES, AND SUPPORT INFORMED DECISION-MAKING FOR VULNERABLE INDIVIDUALS WITH LIMITED ACCESS TO LEGAL RESOURCES.</Description3Txt>
        <Expenses3Amt>9947</Expenses3Amt>
        <Description4Txt>IMMIGRATION POLICY &amp; ECONOMIC OPPORTUNITY INFORMATION SESSIONS : THE FOUNDATION PROVIDED INFORMATIONAL WORKSHOPS FOCUSED ON U.S. IMMIGRATION-RELATED INVESTMENT PROGRAMS, EMPOWERING ATTENDEES WITH FACTUAL, NON-COMMERCIAL, AND COMPLIANCE-FOCUSED KNOWLEDGE. THE OBJECTIVE WAS TO PREVENT MISINFORMATION, REDUCE FINANCIAL EXPLOITATION, AND HELP FAMILIES MAKE LAWFUL, WELL-INFORMED DECISIONS REGARDING IMMIGRATION-RELATED OPPORTUNITIES AND RISKS.</Description4Txt>
        <Expenses4Amt>11238</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>792589</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>280803</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1073392</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1073392</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>16101</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1057291</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>52865</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>55653</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>55653</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <QualifyingDistributionsAmt>55653</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>55653</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>55653</TotalCorpusAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>5573</CurrentYearAmt>
          <TotalAmt>5573</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>4737</CurrentYearAmt>
          <TotalAmt>4737</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>55653</CurrentYearAmt>
          <TotalAmt>55653</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>55653</CurrentYearAmt>
          <TotalAmt>55653</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>35243</CurrentYearAmt>
          <TotalAmt>35243</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PIONEER MIDDLE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2700 PIONEER RD</AddressLine1Txt>
            <CityNm>TUSTIN</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92782</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>EDUCATION PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PIONEER MIDDLE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2700 PIONEER RD</AddressLine1Txt>
            <CityNm>TUSTIN</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92782</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>EDUCATION PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KOREAN INVESTOR TRADERS ASSOCIATE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4801 WILSHIRE BLVD STE 2</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90010</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>4000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>7004</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>4219</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>11223</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>11223</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>YONGDUK CHUNG</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>12 IVANHOE</AddressLine1Txt>
          <CityNm>IRVINE</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92602</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>300000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>5500</Amt>
        <NetInvestmentIncomeAmt>5500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>5500</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>709483</EOYBookValueAmt>
        <EOYFMVAmt>709483</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="RetDoc4">
      <OtherDecreasesDetail>
        <Desc>FEDERAL TAX ADJ</Desc>
        <Amt>167</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGE</Desc>
        <RevenueAndExpensesPerBooksAmt>150</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>150</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>150</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CHARITABLE EVENT ORGANIZATION</Desc>
        <RevenueAndExpensesPerBooksAmt>51603</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>51603</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc6">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAIN ON STOCKS</Desc>
        <Amt>81844</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>CA CHARITY RENEWAL FEE</CategoryTxt>
        <Amt>50</Amt>
        <DisbursementsCharitablePrpsAmt>50</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>