UNHYI AND HYOSEOK YANG FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
UNHYI AND HYOSEOK YANG FOUNDATION (EIN 47-4367935)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-07
IRS object ID
202500979349100740
Schema version
2024v5.0
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)
Return2025-04-07T20:30:29-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263747666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1H & H CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 SARATOGA AVE 310AddressLine1Txt
CitySANTA CLARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP950517337ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474367935EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNHYI AND HYOSEOK YANG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNHYBusinessNameControlTxt
Phone4087185622PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonUNHYI YANGPersonNm
Person TitleCFOPersonTitleTxt
Phone4087185622PhoneNum
Signature2025-04-07SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES S HAN CPAPreparerPersonNm
PTINP00895051PTIN
Phone4082465090PhoneNum
Preparation2025-04-07PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$163,177FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$142,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$52InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$52InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$52InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$3DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$22,138NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$164,138GrossSalesPriceAmt
Total Rev And Expnss$164,193TotalRevAndExpnssAmt
Total Net Invst Incm$55TotalNetInvstIncmAmt
Total Adj Net Incm$55TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,000AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$20OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$20OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,045TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,045TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$35,937ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$35,937ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$37,982TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$37,982TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$126,211ExcessRevenueOverExpensesAmt
Net Investment Income$55NetInvestmentIncomeAmt
Adjusted Net Income$55AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,433SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$163,177SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$163,177SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$24,433TotalAssetsBOYAmt
Total Assets EOY$163,177TotalAssetsEOYAmt
Total Assets EOYFMV$163,177TotalAssetsEOYFMVAmt
Other Liabilities BOY$98,178OtherLiabilitiesBOYAmt
Other Liabilities EOY$110,711OtherLiabilitiesEOYAmt
Total Liabilities BOY$98,178TotalLiabilitiesBOYAmt
Total Liabilities EOY$110,711TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY-$73,745NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$52,466NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY-$73,745TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$52,466TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$24,433TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$163,177TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$73,745TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$126,211ExcessRevenueOverExpensesAmt
Subtotal$52,466SubtotalAmt
Tot Net Ast Or Fund Balances EOY$52,466TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Tax Due$1TaxDueAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksHYOSEOK YANGIndividualWithBooksNm
Phone4087185622PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
UNHYI YANG
10398 WESTACRES DRIVECUPERTINOCA95014CFO2.00$0$0$0
HYOSEOK YANG
10398 WESTACRES DRIVECUPERTINOCA95014CEO2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$160,782AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$160,782TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$160,782AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,412CashDeemedCharitableAmt
Net Vl Noncharitable Assets$158,370NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,919MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,919MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$7,918DistributableBeforeAdjAmt
Distributable Before Ded$7,918DistributableBeforeDedAmt
Distributable As Adjusted$7,918DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$37,982ExpensesAndContributionsAmt
Qualifying Distributions$37,982QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,918DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$251,886ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$51,126ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$30,131ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$21,238ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$24,372ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$378,753TotalExcessDistributionCyovAmt
Qualifying Distributions$37,982QualifyingDistributionsAmt
Applied To Current Year$7,918AppliedToCurrentYearAmt
Remaining Distri From Corpus$30,064RemainingDistriFromCorpusAmt
Total Corpus$408,817TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$251,886ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$156,931ExcessDistriCyovToNextYrAmt
Excess From Year4$51,126ExcessFromYear4Amt
Excess From Year3$30,131ExcessFromYear3Amt
Excess From Year2$21,238ExcessFromYear2Amt
Excess From Year1$24,372ExcessFromYear1Amt
Excess From Current Year$30,064ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEW LIFE MISSION CHURCH
1325 DRY CREEK RDSAN JOSECA95125TAX EXEMPTCHARITABLE DONATION$33,025
GOOD SAMARITAN KOREAN CHURCH
2057 W FOOTHILL BLVDUPLANDCA91786TAX EXEMPTCHARITABLE DONATION$2,012
PIONEERS USA
10123 WILLIAM CAREY DRORLANDOFL32832TAX EXEMPTCHARITABLE DONATION$300
EMMAUS ROAD CHURCH
2975 1ST STIDAHO FALLSID83401TAX EXEMPTCHARITABLE DONATION$500
KCM - MISSION TRIP SUPPORT
PO BOX 55354HACIENDA HEIGHTSCA91745TAX EXEMPTCHARITABLE DONATION$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,937TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$52RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,138RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,193RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$22,193TotalIncomeProducingActyAmt

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 PersonHYOSEOK YANGContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95015ZIPCd
FieldValueIRS element (for citing)
Total Contributions$142,000TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property5000 SHARES OF CELESTICA STOCKNoncashPropertyDesc
Fair Market Value$142,000FairMarketValueAmt
Received2024-01-08ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$2,000Amt
Disbursements Charitable Prps$2,000DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtSales ExpenseSalesExpenseAmtTotal NetTotalNetAmt
CELESTICA INC2020-03PURCHASE2024-01$74,414$8,200$62,800$3,414
CELESTICA INC2020-03PURCHASE2024-02$89,724$8,200$62,800$18,724

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$20$20

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOAN FROM SHAREHOLDERSDesc
BOY Book Value$98,178BOYBookValueAmt
EOY Book Value$110,711EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CA CHARITABLE REGISTRY$25$25
FRANCHISE TAXES
OTHER TAXES

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