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LANG & SUN FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LANG & SUN FAMILY FOUNDATION (EIN 45-4084644)
Tax period
2022-12-01 to 2023-11-30
Filed
2024-03-21
IRS object ID
202410819349100121
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)
Return2024-03-21T12:35:50-07:00ReturnTs
Tax Period End2023-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263000418PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ABEST TAX SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1Txt
CityMILPITASCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454084644EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LANG & SUN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLANGBusinessNameControlTxt
Phone4084823371PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121950 LINDY LNAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGRACE SUNPersonNm
Person TitleSecretary & CFOPersonTitleTxt
Signature2024-03-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGRACEPersonFirstNm
Person LastSUNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum

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-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$251,037FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$489DividendsRevAndExpnssAmt
Dividends Net Invst Incm$489DividendsNetInvstIncmAmt
Dividends Adj Net Incm$489DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$493NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,689GrossSalesPriceAmt
Total Rev And Expnss-$4TotalRevAndExpnssAmt
Total Net Invst Incm$489TotalNetInvstIncmAmt
Total Adj Net Incm$489TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,210AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,210AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$66TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$66TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$154DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$182OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$182OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,612TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,458TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,612TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,458TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,616ExcessRevenueOverExpensesAmt
Net Investment Income$489NetInvestmentIncomeAmt
Adjusted Net Income$489AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,250CashBOYAmt
Cash EOY$6,970CashEOYAmt
Cash EOYFMV$6,970CashEOYFMVAmt
Corporate Stock BOY$137,142CorporateStockBOYAmt
Corporate Stock EOY$134,960CorporateStockEOYAmt
Corporate Stock EOYFMV$91,896CorporateStockEOYFMVAmt
Other Investments BOY$152,121OtherInvestmentsBOYAmt
Other Investments EOY$152,121OtherInvestmentsEOYAmt
Other Investments EOYFMV$152,121OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$5,181LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,106LandBldgEquipAccumDeprecAmt
Land BOY$229LandBOYAmt
Land EOY$75LandEOYAmt
Land EOYFMV$50LandEOYFMVAmt
Total Assets BOY$296,742TotalAssetsBOYAmt
Total Assets EOY$294,126TotalAssetsEOYAmt
Total Assets EOYFMV$251,037TotalAssetsEOYFMVAmt
Other Liabilities BOY$5,098OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,098OtherLiabilitiesEOYAmt
Total Liabilities BOY$5,098TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,098TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$291,644RetainedEarningBOYAmt
Retained Earning EOY$289,028RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$291,644TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$289,028TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$296,742TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$294,126TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$291,644TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,616ExcessRevenueOverExpensesAmt
Subtotal$289,028SubtotalAmt
Tot Net Ast Or Fund Balances EOY$289,028TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyFidelity - 6159PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2022-12-01AcquiredDt
Sold2022-12-01SoldDt
Gross Sales Price$1,689GrossSalesPriceAmt
Cost Or Other Basis$2,182CostOrOtherBasisAmt
Gain Or Loss-$493GainOrLossAmt
Gains Minus Excess Or Losses-$493GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$493CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$493NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7InvestmentIncomeExciseTaxAmt
Subtotal$7SubtotalAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$16EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$16TotalPaymentsAndCreditsAmt
Overpayment$9OverpaymentAmt
Applied To ES Tax$9AppliedToESTaxAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1GRACE SUNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4084823371PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121950 LINDY LNAddressLine1Txt
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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
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
CHI-I LANG
21950 LINDY LNCUPERTINOCA95014President & CEO2.00$0
GRACE SUN
21950 LINDY LNCUPERTINOCA95014Secretary & CFO2.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$74,676AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$159,753AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$234,429TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$234,429AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,516CashDeemedCharitableAmt
Net Vl Noncharitable Assets$230,913NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,546MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,546MinimumInvestmentReturnAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Total Tax$7TotalTaxAmt
Distributable Before Adj$11,539DistributableBeforeAdjAmt
Distributable Before Ded$11,539DistributableBeforeDedAmt
Distributable As Adjusted$11,539DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,458ExpensesAndContributionsAmt
Qualifying Distributions$2,458QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,539DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$2,257ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$26,573ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$28,830TotalExcessDistributionCyovAmt
Qualifying Distributions$2,458QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,458AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$9,081ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$9,081ExcessDistributionCyovAppCYAmt
Total Corpus$19,749TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$19,749ExcessDistriCyovToNextYrAmt
Excess From Year2$19,749ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHI-I LANGContributingManagerNm
Contributing ManagerGRACE SUNContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonFriendship Agape ChurchRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15150 Camden AveAddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95124ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipDonationRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeAs evangelical Christians, we are affiliated with the Christian Reformed Church denomination. Based in San Jose, California, we serve our local community with English and Mandarin Chinese programs for individuals, couples and families.GrantOrContributionPurposeTxt
Amt$1,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$489RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$493RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$4RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$4TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$1,210Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,210DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (4 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmt
APPLE2021-06-28$429$334200DB0.1481$64
APPLE2021-06-28$130$101200DB0.1481$19
APPLE2021-06-28$173$135200DB0.1481$26
APPLE2021-07-02$303$236200DB0.1481$45

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFidelity-6159StockNm
EOY Book Value$134,960EOYBookValueAmt
EOYFMV$91,896EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemJackson National Life - AnnuityCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$152,121BookValueAmt
EOYFMV$152,121EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$5,181CostOrOtherBasisAmt
Accumulated Depreciation$5,106AccumulatedDepreciationAmt
Book Value$75BookValueAmt
EOYFMV$50EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Service Charges$37$37
Computer and Internet Expense$120$120
Filing Fees$25$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForeign Tax WithheldCategoryTxt
Amt$66Amt
Disbursements Charitable Prps$66DisbursementsCharitablePrpsAmt

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