JIN AND XIAQING WU FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
JIN AND XIAQING WU FAMILY FOUNDATION (EIN 46-1542945)
Tax period
2022-12-01 to 2023-11-30
Filed
2024-04-03
IRS object ID
202410949349100716
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)
Return2024-04-03T12:54:09-07:00ReturnTs
Tax Period End2023-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273731178PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEBER & COMPANY INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 THE ALAMEDA STE 380AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461542945EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Jin and Xiaqing Wu Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJINABusinessNameControlTxt
Phone6506784730PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 Tea Tree CtAddressLine1Txt
CityHillsboroughCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94010ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonXIAQING WUPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-04-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstXIAQINGPersonFirstNm
Person LastWUPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNY RENPreparerPersonNm
PTINP00868207PTIN
Phone4089316201PhoneNum

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$501,414FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$196,200ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$26InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$26InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$26InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,485DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,485DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,485DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$32,557NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$49,454GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$32,557CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$230,268TotalRevAndExpnssAmt
Total Net Invst Incm$34,068TotalNetInvstIncmAmt
Total Adj Net Incm$1,511TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,238AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$671AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,567AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$111TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$111TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$171OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$27OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$144OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,520TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$698TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,822TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$22,450ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$22,450ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$24,970TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$698TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$24,272TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$205,298ExcessRevenueOverExpensesAmt
Net Investment Income$33,370NetInvestmentIncomeAmt
Adjusted Net Income$1,511AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$139CashBOYAmt
Cash EOY$5,507CashEOYAmt
Cash EOYFMV$5,507CashEOYFMVAmt
Corporate Stock BOY$55,967CorporateStockBOYAmt
Corporate Stock EOY$257,398CorporateStockEOYAmt
Corporate Stock EOYFMV$495,907CorporateStockEOYFMVAmt
Total Assets BOY$56,106TotalAssetsBOYAmt
Total Assets EOY$262,905TotalAssetsEOYAmt
Total Assets EOYFMV$501,414TotalAssetsEOYFMVAmt
Other Liabilities BOY$1OtherLiabilitiesBOYAmt
Other Liabilities EOY$1,502OtherLiabilitiesEOYAmt
Total Liabilities BOY$1TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,502TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$140,831CapitalStockBOYAmt
Capital Stock EOY$140,831CapitalStockEOYAmt
Additional Paid In Capital BOY-$84,726AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$120,572AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$56,105TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$261,403TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$56,106TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$262,905TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$56,105TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$205,298ExcessRevenueOverExpensesAmt
Subtotal$261,403SubtotalAmt
Tot Net Ast Or Fund Balances EOY$261,403TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
CS #2177 LT CVP2018-11-182022-12-01$4,624$686$3,938$3,938
CS #2177 ST CVP2023-01-012023-03-13$611$889-$278-$278
CS #2177 LT CVP2022-01-012023-03-13$25,536$13,760$11,776$11,776
CS #2177 LT CVP2013-01-172023-04-10$4,908$1,014$3,894$3,894
CS #2177 LT CVP2018-11-202023-08-08$13,775$548$13,227$13,227
FieldValueIRS element (for citing)
Capital Gain Net Income$32,557CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$278NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$464InvestmentIncomeExciseTaxAmt
Subtotal$464SubtotalAmt
Tax Based On Investment Income$464TaxBasedOnInvestmentIncomeAmt
Tax Due$464TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 Line1JIN ZUOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6506784730PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11065 JAMAICA STREETAddressLine1Txt
CityFOSTER CITYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94404ZIPCd
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
XIAQING WU
1065 JAMAICA STREETFOSTER CITYCA94404President2.00$0
JIN ZUO
1065 JAMAICA STREETFOSTER CITYCA94404CFO2.00$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$281,998AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,783AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$287,781TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$287,781AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,317CashDeemedCharitableAmt
Net Vl Noncharitable Assets$283,464NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,173MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,173MinimumInvestmentReturnAmt
Tax Based On Investment Income$464TaxBasedOnInvestmentIncomeAmt
Total Tax$464TotalTaxAmt
Distributable Before Adj$13,709DistributableBeforeAdjAmt
Distributable Before Ded$13,709DistributableBeforeDedAmt
Distributable As Adjusted$13,709DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$24,272ExpensesAndContributionsAmt
Qualifying Distributions$24,272QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$13,709DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,673ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$16,033ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$12,783ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$30,489TotalExcessDistributionCyovAmt
Qualifying Distributions$24,272QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$13,709AppliedToCurrentYearAmt
Remaining Distri From Corpus$10,563RemainingDistriFromCorpusAmt
Total Corpus$41,052TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,673ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$39,379ExcessDistriCyovToNextYrAmt
Excess From Year4$16,033ExcessFromYear4Amt
Excess From Year1$12,783ExcessFromYear1Amt
Excess From Current Year$10,563ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonXIAQING WURecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11065 Jamaica StreetAddressLine1Txt
CityFoster CityCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94404ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsREQUEST SHOULD BE SUBMITTED IN LETTER FORM DETAILING THE TYPE OF ORGANIZATION MAKING SUCH REQUEST, THE PURPOSE OF THE ORGANIZATION, AND WHOM TO CONTACT.FormAndInfoAndMaterialsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Living Water Chinese Christian Chur
1501 S El Camino RealSan MateoCA94402NONE501C3religion$18,000
Asia Christian Training Service
6931 Azalea DrSan JoseCA95120NONE501C3religion$2,000
Burlingame High School
1 Mangini WayBurlingameCA94010NONE501C3education$250
The Home of Christ Church
10340 Bubb RdCupertinoCA95014NONE501C3religion$2,000
Hopkins Band and Orchestra Boosters
600 Driscoll RoadFremontCA94539NONE501C3Education$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$22,450TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,485ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$32,557ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$34,068ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$34,068TotalIncomeProducingActyAmt

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 PersonXIAQING WUContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11065 JAMAICA STREETAddressLine1Txt
CityFOSTER CITYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94404ZIPCd
FieldValueIRS element (for citing)
Total Contributions$196,200TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property400 shares NvidaNoncashPropertyDesc
Fair Market Value$196,200FairMarketValueAmt
Received2023-11-13ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccountingCategoryTxt
Amt$2,238Amt
Net Investment Income$671NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,567DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Filling Fee$118$118
Investment expenses$27$27
Registration$25$25
Rouding$1$1

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescEOY Book ValueEOYBookValueAmtBOY Book ValueBOYBookValueAmt
Unsettled contribution$1,500
Rounding$2$1

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRS taxCategoryTxt
Amt$111Amt
Disbursements Charitable Prps$111DisbursementsCharitablePrpsAmt

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