SHENG FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SHENG FOUNDATION (EIN 20-5771799)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-02-28
- IRS object ID
- 202410599349100626
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-28T19:26:59-06:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475284605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC ZHANG & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 HILLVIEW CT 180 | AddressLine1Txt |
| City | MILPITAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205771799 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHENG FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHEN | BusinessNameControlTxt |
| Phone | 4089963893 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7718 SEEBER CT | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID Y SHENG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4089963893 | PhoneNum |
| Signature | 2024-02-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | SHENG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC ZHANG | PreparerPersonNm |
| PTIN | P00548506 | PTIN |
| Phone | 6265812266 | PhoneNum |
| Preparation | 2024-02-28 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,475,880 | 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 | $20,758 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,758 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$24,151 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $133,878 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,370 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,370 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$1,023 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $23,128 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,786 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,786 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,755 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,239 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $547 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,888 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,888 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $8,071 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,071 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,047 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,239 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,745 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $48,561 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $48,561 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $64,608 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,239 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $62,306 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$65,631 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $21,889 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,988 | CashBOYAmt |
| Cash EOY | $30,539 | CashEOYAmt |
| Cash EOYFMV | $30,539 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $24,378 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $100,061 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $100,061 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $958,822 | CorporateStockBOYAmt |
| Corporate Stock EOY | $808,504 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,344,102 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $12,513 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,335 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,725 | LandBOYAmt |
| Land EOY | $1,178 | LandEOYAmt |
| Land EOYFMV | $1,178 | LandEOYFMVAmt |
| Total Assets BOY | $1,005,913 | TotalAssetsBOYAmt |
| Total Assets EOY | $940,282 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,475,880 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $310,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $310,000 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $695,913 | RetainedEarningBOYAmt |
| Retained Earning EOY | $630,282 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,005,913 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $940,282 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,005,913 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $940,282 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,005,913 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$65,631 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $940,282 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $940,282 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 100 SHARES FULGENT GENETICS | P | 2002-03-16 | 2023-01-04 | $2,980 | $5,400 | -$2,420 | -$2,420 |
| 100 SHARES INTERNATIONAL BUS MACH CORP COM | P | 2002-11-09 | 2023-01-04 | $14,046 | $9,220 | $4,826 | $4,826 |
| 100 SHARES PUBMATIC | P | 2022-03-08 | 2023-01-04 | $1,266 | $2,171 | -$905 | -$905 |
| 100 SHARES SMART GLOBAL HLDGS NC SHS | P | 2002-07-18 | 2023-01-04 | $1,501 | $1,695 | -$194 | -$194 |
| 200 SHARES UPSTART HLDGS | P | 2002-07-13 | 2023-02-09 | $3,974 | $27,661 | -$23,687 | -$23,687 |
| 50 SHARE COINBASE GLOBAL | P | 2022-02-10 | 2023-02-16 | $2,916 | $12,880 | -$9,964 | -$9,964 |
| 50 SHARES DISNEY WALT | P | 2022-01-10 | 2023-02-16 | $5,394 | $7,855 | -$2,461 | -$2,461 |
| 300 SHARES VINCI PARTNERS INVESTMENTS | P | 2023-01-06 | 2023-02-16 | $3,341 | $2,711 | $630 | $630 |
| 20 SHARES ZOOM VIDEO COMMUNICATIONS | P | 2022-01-24 | 2023-02-16 | $1,538 | $3,142 | -$1,604 | -$1,604 |
| 98 SHARES PLANET 13 HOLDINGS | P | 2021-11-19 | 2023-04-28 | $67 | $164 | -$97 | -$97 |
| 2902 SHARES PLANET 13 HOLDINGS | P | 2021-11-19 | 2023-04-28 | $1,999 | $7,777 | -$5,778 | -$5,778 |
| 1000 SHARES AT&T | P | 2022-03-10 | 2023-06-06 | $15,055 | $23,402 | -$8,347 | -$8,347 |
| 400 SHARES VERIZON | P | 2021-05-07 | 2023-06-06 | $13,726 | $23,500 | -$9,774 | -$9,774 |
| 100 SHARES VERIZON | P | 2021-05-07 | 2023-06-06 | $3,431 | $5,875 | -$2,444 | -$2,444 |
| 100 SHARES NVIDIA | P | 2021-07-22 | 2023-06-15 | $40,604 | $5,688 | $34,916 | $34,916 |
| 500 SHARES EBAY | P | 2019-09-30 | 2023-07-31 | $22,040 | $18,888 | $3,152 | $3,152 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$24,151 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $304 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $304 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $304 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,539 | 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 | $1,539 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,235 | OverpaymentAmt |
| Applied To ES Tax | $1,235 | 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 | Yes (1) | 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 | CHIEN JU SHENG | IndividualWithBooksNm |
| Phone | 4089963893 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7718 SEEBER CT | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (1) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2021 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (1) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID Y SHENG | ||||||||
| 7718 SEEBER CT | CUPERTINO | CA | 95014 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| CHIEN JU SHENG | ||||||||
| 7718 SEEBER CT | CUPERTINO | CA | 95014 | SECRETARY | 4.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE SHENG FOUNDATION ACTED AS ONE OF THE DELEGATION MEMBERS TO TAIWAN FOR THE 2022 TAIWAN EDUCATION PROGRAM SPONSORED BY THE ENLIGHTENMENT FOUNDATION (FLUSHING, N.Y.) THIS EVENT IS HELD TWICE A YEAR FOR SPRING AND FALL SEMESTER RESPECTIVELY TO DISTRIBUTE SCHOLARSHIPS TO UNDERPRIVILEGED STUDENTS, NEEDY GRADE SCHOOLS IN THE COUNTRYSIDE AND TO INTERVIEW NEW CANDIDATES. EIGHT MEMBERS JOINED THIS YEAR AND WE WERE DIVIDED INTO TWO GROUPS. WITHIN FOUR DAYS FROM 4/24 TO 4/28, MY GROUP VISITED 13 SCHOOLS AND 128 STUDENTS AROUND THE WESTERN AREAS OF TAIWAN.AIR TICKET TO DISTRIBUTE FUNDS TO NEEDY STUDENTS$2186.17 + PCR TESTING $150AIR TICKET TO DISTRIBUTE FUNDS TO NEEDY STUDENTS$2076.67 + FOOD KITCHEN $1002 | Description1Txt |
| Expenses1 | $5,546 | Expenses1Amt |
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 | $1,286,639 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $89,762 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,376,401 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,376,401 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $20,646 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,355,755 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $67,788 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $67,788 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $304 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $304 | TotalTaxAmt |
| Distributable Before Adj | $67,484 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $67,484 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $67,484 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $62,306 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $62,306 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $67,484 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $75,676 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Total For Prior Years | $1,721 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $62,306 | QualifyingDistributionsAmt |
| Applied To Year1 | $62,306 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $1,721 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $1,721 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $13,370 | Taxable2Amt |
| Undistributed Income CY | $67,484 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DAVID Y SHENG | ContributingManagerNm |
| Contributing Manager | CHIEN JU SHENG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMBASSADORS FOR CHRIST INC | |||||||
| PO BOX 470 | TUCKER | GA | 30085 | N/A | PC | DONATION | $1,000 |
| AMERICAN HEART ASSOCIATION | |||||||
| 7272 GREENVILLE AVENUE | DALLAS | TX | 75231 | N/A | PC | DONATION | $1,000 |
| CAMPUS CRUSADE FOR CHRIST | |||||||
| 100 LAKE HART DR | ORLANDO | FL | 32832 | N/A | GROUP | DONATION | $1,310 |
| CCIC - CUPERTINO | |||||||
| 10455 BANDLEY DRIVE | CUPERTINO | CA | 95014 | N/A | PC | DONATION | $10,000 |
| CHILDREN AT HEART FOUNDATION | |||||||
| 1101 N MAYS ST | ROUND ROCK | TX | 78664 | N/A | PC | DONATION | $2,000 |
| CHINESE INTERNATIONAL MISSIONS INC | |||||||
| PO BOX 700185 | SAN JOSE | CA | 951700185 | N/A | PC | DONATION | $8,000 |
| CITY TEAM | |||||||
| 1297 N 13TH STREET | SAN JOSE | CA | 95112 | N/A | PC | DONATION | $1,251 |
| CUPERTINO LANGUAGE IMMERSION PROGRAM COMMUNITY ORGANIZATION | |||||||
| PO BOX 1344 | CUPERTINO | CA | 95015 | N/A | PC | DONATION | $2,000 |
| ENLIGHTENMENT FOUNDATION | |||||||
| 4125 KISSENA BLVD STE 120 FLUSHING | FLUSHING | NY | 113553150 | N/A | PC | DONATION | $5,000 |
| FRIENDS OF CHILDREN WITH SPECIAL NEEDS | |||||||
| 2300 PERALTA BLVD | FREMONT | CA | 94536 | N/A | PC | DONATION | $530 |
| GIRL SCOUTS OF ORANGE COUNTY | |||||||
| 1500 PALMA DR STE 110 | VENTURA | CA | 93003 | N/A | PC | DONATION | $144 |
| GLOBALGIVING FOUNDATION INC | |||||||
| 1 THOMAS CIRCLE NW SUITE 800 | WASHINGTON | DC | 20005 | N/A | PC | DONATION | $598 |
| SAN JOSE CHILDRENS DISCOVERY MUSEUM | |||||||
| 180 WOZ WAY | SAN JOSE | CA | 95110 | N/A | PC | DONATION | $275 |
| THIRD STREET COMMUNITY CENTER | |||||||
| 160 NORTH THIRD ST | SAN JOSE | CA | 95112 | N/A | 501C(3) | DONATION | $2,000 |
| VILLAGE GOSPEL MISSION | |||||||
| PO BOX 18850 | STANFORD | CA | 94309 | N/A | PC | DONATION | $2,000 |
| UNITED BREAST CANCER FOUNDATION | |||||||
| PO BOX 2421 | HUNTINGTON | NY | 11743 | N/A | PC | DONATION | $1,000 |
| MAKE-A-WISH FOUNDATION OF AMERICA | |||||||
| 1702 E HIGHLAND AVE SUITE 400 | PHOENIX | AZ | 85016 | N/A | PC | DONATION | $3,525 |
| FILOLI CENTER | |||||||
| 86 CANADA ROAD WOOODSIDE CA 94062 | WOOODSIDE | CA | 94062 | N/A | PC | DONATION | $576 |
| CALIFORNIA STATE PARKS FOUNDATION | |||||||
| PO BOX 942896 | SACRAMENTO | CA | 942960001 | N/A | PC | DONATION | $1,033 |
| SAN FRANCISCO MUSEUM OF MODERN ART | |||||||
| 151 3RD ST | SAN FRANCISCO | CA | 94103 | N/A | PC | DONATION | $350 |
| CALIFORNIA ACADEMY OF SCIENCES | |||||||
| 55 MUSIC CONCOURSE DR | SAN FRANCISCO | CA | 94118 | N/A | PC | DONATION | $1,500 |
| THE EXPLORATORIUM | |||||||
| PIER 15 EMBARCADERO AT GREEN ST | SAN FRANCISCO | CA | 94111 | N/A | PC | DONATION | $299 |
| MONTEREY BAY AQUARIUM FOUNDATION | |||||||
| 886 CANNERY ROW | MONTEREY BAY | CA | 93940 | N/A | PC | DONATION | $500 |
| THE TECH INTERACTIVE | |||||||
| 201 S MARKET ST | SAN JOSE | CA | 95113 | N/A | PC | DONATION | $310 |
| HAPPY HOLLOW CORPORATION | |||||||
| 748 STORY ROAD | SAN JOSE | CA | 95112 | N/A | PC | DONATION | $300 |
| HOPE OF THE VALLEY RESCUE MISSION | |||||||
| 16641 ROSCOE PLACE | NORTH HILLS | CA | 91343 | N/A | PC | DONATION | $1,001 |
| ASIAN YOUTH CENTER | |||||||
| 100 CLARY AVE | SAN GABRIEL | CA | 91776 | N/A | PC | DONATION | $1,059 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $48,561 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,758 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$24,151 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,370 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$1,023 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$1,023 | 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 | TAX PREPARATION FEE | CategoryTxt |
| Amt | $2,786 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,786 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2013-09-30 | $108 | $108 | SL | 5.000000000000 | $0 | $0 |
| COMPUTER | 2015-09-30 | $543 | $543 | SL | 5.000000000000 | $0 | $0 |
| COMPUTER | 2012-09-30 | $751 | $751 | SL | 5.000000000000 | $0 | $0 |
| SOFTWARE | 2018-07-26 | $3,999 | $3,999 | SL | 3.000000000000 | $0 | $0 |
| SOFTWARE | 2019-09-09 | $4,447 | $4,447 | SL | 3.000000000000 | $0 | $0 |
| COMPUTER | 2020-09-22 | $1,266 | $506 | SL | 5.000000000000 | $253 | $0 |
| EQUIPMENT | 2020-09-22 | $611 | $244 | SL | 5.000000000000 | $122 | $0 |
| SOFTWARE | 2020-09-16 | $100 | $66 | SL | 3.000000000000 | $34 | $0 |
| FURNITURE | 2021-09-17 | $273 | $55 | SL | 5.000000000000 | $55 | $0 |
| COMPUTER SCREEN | 2021-12-13 | $415 | $69 | SL | 5.000000000000 | $83 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY GOVERNMENT CLASS RESERVES | $1,697 | $1,986 |
| EFT SER SOLUTIONS DEFIANCE | $34,257 | $31,256 |
| FIDELITY STOCK HOLDINGS | $767,550 | $1,306,532 |
| FIDELITY CHINA REGION | $5,000 | $4,328 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| EQUIPMENT | $108 | $108 | $0 | $0 |
| COMPUTER | $543 | $543 | $0 | $0 |
| COMPUTER | $751 | $751 | $0 | $0 |
| SOFTWARE | $3,999 | $3,999 | $0 | $0 |
| SOFTWARE | $4,447 | $4,447 | $0 | $0 |
| COMPUTER | $1,266 | $759 | $507 | $507 |
| EQUIPMENT | $611 | $366 | $245 | $245 |
| SOFTWARE | $100 | $100 | $0 | $0 |
| FURNITURE | $273 | $110 | $163 | $163 |
| COMPUTER SCREEN | $415 | $152 | $263 | $263 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEE | $25 | $0 | $25 |
| SUBSCRIPTIONS EXPENSE | $100 | $0 | $100 |
| OFFICE SUPPLIES | $1,006 | $0 | $1,006 |
| PROGRAM EXPENSE | $5,546 | $0 | $5,546 |
| POSTAGE FEE | $26 | $0 | $26 |
| BANK SERVICE CHARGE | $701 | $0 | $701 |
| MEAL EXPENSE | $667 | $0 | $667 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
| Revenue And Expenses Per Books | $2,370 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,370 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,370 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| IRS TAX | $516 | $0 | $0 |
| FOREIGN TAX | $1,239 | $1,239 | $0 |
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