HC FUND: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HC FUND (EIN 82-2579708)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-25
IRS object ID
202500849349100125
Schema version
2024v5.1
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)
Return2025-03-25T03:46:22-00:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822579708EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HC FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHCFUBusinessNameControlTxt
Phone4159351830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm
Person TitlePresidentPersonTitleTxt
Phone4159351830PhoneNum
Signature2025-03-25SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$415,264FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,600ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$57InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$57InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$17,785DividendsRevAndExpnssAmt
Dividends Net Invst Incm$17,785DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$3,399NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$3,399CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$5,484OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$5,484OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$36,325TotalRevAndExpnssAmt
Total Net Invst Incm$26,725TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$50AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$379TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$583OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,012TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$14,508ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$14,508ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$15,520TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$14,508TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$20,805ExcessRevenueOverExpensesAmt
Net Investment Income$26,725NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,978SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,569SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,569SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$932,044OtherInvestmentsBOYAmt
Other Investments EOY$953,212OtherInvestmentsEOYAmt
Other Investments EOYFMV$413,695OtherInvestmentsEOYFMVAmt
Total Assets BOY$934,022TotalAssetsBOYAmt
Total Assets EOY$954,781TotalAssetsEOYAmt
Total Assets EOYFMV$415,264TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,200AccountsPayableBOYAmt
Accounts Payable EOY$1,154AccountsPayableEOYAmt
Total Liabilities BOY$1,200TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,154TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$932,822NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$953,627NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$932,822TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$953,627TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$934,022TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$954,781TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$932,822TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$20,805ExcessRevenueOverExpensesAmt
Subtotal$953,627SubtotalAmt
Tot Net Ast Or Fund Balances EOY$953,627TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyHC Domestic Fund LP K-1PropertyDesc
How AcquiredDHowAcquiredCd
Gain Or Loss$3,399GainOrLossAmt
Gains Minus Excess Or Losses$3,399GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$3,399CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$371InvestmentIncomeExciseTaxAmt
Subtotal$371SubtotalAmt
Tax Based On Investment Income$371TaxBasedOnInvestmentIncomeAmt
Tax Due$371TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptYes (true)ActivitiesNotPreviouslyRptInd
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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksHeman ChowIndividualWithBooksNm
Phone4159351830PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Heman Chow
1301 Clay St No 72053OaklandCA94612President003.00$0
Nancy Chow
1301 Clay St No 72053OaklandCA94612Secretary Treasurer002.00$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)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

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$397,676AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$818AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$398,494TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$398,494AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,977CashDeemedCharitableAmt
Net Vl Noncharitable Assets$392,517NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,626MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,626MinimumInvestmentReturnAmt
Tax Based On Investment Income$371TaxBasedOnInvestmentIncomeAmt
Total Tax$371TotalTaxAmt
Distributable Before Adj$19,255DistributableBeforeAdjAmt
Distributable Before Ded$19,255DistributableBeforeDedAmt
Distributable As Adjusted$19,255DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$14,508ExpensesAndContributionsAmt
Qualifying Distributions$14,508QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,255DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$5,558ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,056ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$6,614TotalExcessDistributionCyovAmt
Qualifying Distributions$14,508QualifyingDistributionsAmt
Applied To Current Year$14,508AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$4,747ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$4,747ExcessDistributionCyovAppCYAmt
Total Corpus$1,867TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,867ExcessDistriCyovToNextYrAmt
Excess From Year4$811ExcessFromYear4Amt
Excess From Year3$1,056ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHeman ChowContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCd
Chinese Independent Baptist Church of Oakland
280 8th StOaklandCA94607PCGeneral Purpose$10,500
Bible Study Fellowship
19001 Huebner RoadSan AntonioTX78258PCGeneral Purpose$2,000
The Church in Alameda
1926 BroadwayAlamedaCA94501PCGeneral Purpose$700
Samaritan Purse
PO Box 3000BooneNC28607PCGeneral Purpose$500
WRMS Educational Fund
11611 East Branch ParkwaySan RamonCA94582GOVGeneral Purpose$500
httpamoybcorgtw
Church - General Purpose$308131 Guling St Zhongzheng DistrictTaipei CityTW
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$14,508TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$57ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$17,785ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$3,399ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOther partnership portfolio incomeDesc
Exclusion14ExclusionCd
Exclusion$5,484ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$26,725ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$26,725TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHC Domestic Fund LPContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
FieldValueIRS element (for citing)
Total Contributions$9,600TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax SofwareCategoryTxt
Amt$50Amt

Acty Not Previously Rpt Expln ActyNotPreviouslyRptExpln

FieldValueIRS element (for citing)
ExplanationWill make grants to churches located in Taiwan. In 2024, a small grant was make to a baptist church http//amoybc.org.tw.ExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemHC Domestic Fund LPCategoryOrItemTxt
Book Value$953,212BookValueAmt
EOYFMV$413,695EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
CA RRF-1 Fee$25
Other Expenses$558

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther partnership portfolio incomeDesc
Revenue And Expenses Per Books$5,484RevenueAndExpensesPerBooksAmt
Net Investment Income$5,484NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax for IRS Form 990-PFCategoryTxt
Amt$379Amt

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