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FRIENDS OF THE UNIVERSITY OF HONG KONG LTD: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FRIENDS OF THE UNIVERSITY OF HONG KONG LTD (EIN 13-4091246)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-02-15
IRS object ID
202420469349201777
Schema version
2022v5.0
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)
Return2024-02-15T13:36:19-08:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760717994PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Kimerling & Wisdom LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 Broadway Suite 1105AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134091246EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF THE UNIV OF HONG KONG LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt
Phone4088239838PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11321 SYDNEY DRIVEAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMONICA YEUNGPersonNm
Person TitleExecutive DirecPersonTitleTxt
Signature2024-02-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMONICAPersonFirstNm
Person LastYEUNGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRoss Wisdom CPAPreparerPersonNm
PTINP00163343PTIN
Phone2129860892PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website Addresshttp://www.hku.hk/daao/usfriends/home.htmWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$81,183GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$78,922ContributionsGiftsGrantsEtcAmt
Investment Income$2,261InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$81,183TotalRevenueAmt
Grants And Similar Amounts Paid$69,194GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$1,800FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$558OtherExpensesTotalAmt
Total Expenses$71,552TotalExpensesAmt
Excess Or Deficit For Year$9,631ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$89,707NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$99,338NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$95,017BOYAmt
EOY$103,963EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$95,017BOYAmt
EOY$103,963EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,310BOYAmt
EOY$4,625EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$89,707BOYAmt
EOY$99,338EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO SPONSOR AND CONDUCT FUNDRAISING ACTIVITIES AND EVENTS IN ORDER TO PROVIDE FINANCIAL AID AND OTHER ASSISTANCE TO THE UNIVERSITY OF HONG KONG FOR SCHOLARSHIPS AND EDUCATIONAL PROGRAMS AND TO AID, FOSTER AND PROMOTE ARTISTIC, CULTURAL AND EDUCATIONAL ACTIVITIES.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtForeign GrantsForeignGrantsIndProgram Service ExpensesProgramServiceExpensesAmt
UNIVERSITY OF HONG KONG: VARIOUS OTHER GRANT DISTRIBUTIONS.$7,028Yes (X)$7,028
UNIVERSITY OF HONG KONG: IN MEMORY OF DR ROBERT M. YU.$2,850Yes (X)$2,850
UNIVERSITY OF HONG KONG: MEDIA STUDIES CENTER.$9,405Yes (X)$9,405
UNIVERSITY OF HONG KONG: SCHOOL OF CHINESE MEDICINE.$49,911Yes (X)$49,911
FieldValueIRS element (for citing)
Total Program Service Expenses$69,194TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SIU YUM-TONG
Director1.00$0
LILIAN LIAN
Director1.00$0
MONICA YEUNG
Executive Direc20.00$0
H S PHILIP WONG
Director1.00$0
PETER TONG
Director1.00$0
LAWRENCE NG MING-LOY
President1.00$0
SHIRLEY LO
Secretary1.00$0
HENRY YIM
TREAS/ASST SEC.1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROSS WISDOM CPA PLLCPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 BROADWAY SUITE 1105AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Phone2129860892PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$482,380CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$235,799CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$139,472CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$668,396CurrentTaxYearMinus1YearAmt
Current Tax Year$78,922CurrentTaxYearAmt
Total$1,604,969TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$482,380CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$235,799CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$139,472CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$668,396CurrentTaxYearMinus1YearAmt
Current Tax Year$78,922CurrentTaxYearAmt
Total$1,604,969TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$901,171SubstantialContributorsTotAmt
Public Support Total170$703,798PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$160CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2CurrentTaxYearMinus1YearAmt
Current Tax Year$2,262CurrentTaxYearAmt
Total$2,433TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$2,374CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,552CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$270CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$879CurrentTaxYearMinus1YearAmt
Total-$1,431TotalAmt
FieldValueIRS element (for citing)
Total Support$1,605,971TotalSupportAmt
Public Support CY1700.43820PublicSupportCY170Pct
Public Support PY1700.58090PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJUST GLOBAL INCPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionCONSULTANTRelationshipDescriptionTxt
Transaction$350TransactionAmt
TransactionSEE PART V BELOWTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part V Supplemental InformationFormAndLineReferenceDesc
ExplanationDuring the tax year, the Organization engaged the company of Just Global Inc. to perform administrative services. Monica Yeung, the Executive Director of Friends of the University of Hong Kong, Ltd. is also the principal of Just Global, Inc. During the fiscal year ended September 30, 2023, a total of $350 was expensed for administrative services it rendered to the Friends of the University of Hong Kong, Ltd.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Grants and Similar Amounts Paid In Excess of $5,000.1Class of Activity: 501(C)(3) | Donee's Name: THE UNIVERSITY OF HONG KONG | Donee's Address: POKFULAM ROAD, HONG KONG CHINA | Cash Amount Given: $69194
Other Expenses.1ADMIN. FEES (JUST GLOBAL INC.) $350
Other Expenses.2FILING FEES $165
Other Expenses.3BANK CHARGES $43
Total Liabilities.1001Accounts Payable and Accrued Expenses - Beginning $5310 Accounts Payable and Accrued Expenses - Ending $4625
Statement Note 1ALL FUNDRAISING ACTIVITIES WERE CONDUCTED BY VOLUNTEERS.

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