FURP.ORG / PUBLIC DATA EXPLORER

YU LIN FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
YU LIN FOUNDATION INC (EIN 47-1562353)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-27
IRS object ID
202540869349100304
Schema version
2024v5.1
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)
Return2025-03-27T04:59:16-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461665414PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Jiangyan Fang CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18 Foxrun CTAddressLine1Txt
CityPort Jeff StationCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11776ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471562353EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YU LIN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYULIBusinessNameControlTxt
Phone9172323109PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 CITY PLACE 14BAddressLine1Txt
CityWHITE PLAINSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHI CHEN YUPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2025-03-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJiangyan Fang CPAPreparerPersonNm
PTINP01322199PTIN
Phone6319741597PhoneNum
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$2,507,522FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$3,540InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,540InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3,540InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$42,207DividendsRevAndExpnssAmt
Dividends Net Invst Incm$42,207DividendsNetInvstIncmAmt
Dividends Adj Net Incm$42,207DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$117,890NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,364,260GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$117,890CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$117,890NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$363,637TotalRevAndExpnssAmt
Total Net Invst Incm$163,637TotalNetInvstIncmAmt
Total Adj Net Incm$163,637TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,865AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,865AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$21,312OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$21,312OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$23,177TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,177TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$102,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$102,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$125,377TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,177TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$102,200TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$238,260ExcessRevenueOverExpensesAmt
Net Investment Income$140,460NetInvestmentIncomeAmt
Adjusted Net Income$163,637AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$96,031CashBOYAmt
Cash EOY$71,386CashEOYAmt
Cash EOYFMV$71,386CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,844,643SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,436,136SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,436,136SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$1,940,674TotalAssetsBOYAmt
Total Assets EOY$2,507,522TotalAssetsEOYAmt
Total Assets EOYFMV$2,507,522TotalAssetsEOYFMVAmt
Deferred Revenue BOY$646,335DeferredRevenueBOYAmt
Deferred Revenue EOY$975,181DeferredRevenueEOYAmt
Total Liabilities BOY$646,335TotalLiabilitiesBOYAmt
Total Liabilities EOY$975,181TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,294,339NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,532,341NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,294,339TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,532,341TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,940,674TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,507,522TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,294,339TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$238,260ExcessRevenueOverExpensesAmt
Subtotal$1,532,599SubtotalAmt
Other Decreases$258OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,532,341TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
WELLS FARGOP$991,984$1,002,541-$10,557-$10,557
WEELS FARGOP$372,276$243,829$128,447$128,447
FieldValueIRS element (for citing)
Capital Gain Net Income$117,890CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$117,890NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,952InvestmentIncomeExciseTaxAmt
Subtotal$1,952SubtotalAmt
Tax Based On Investment Income$1,952TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$12EsPenaltyAmt
Tax Due$1,964TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
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 Line1CHI-CHEN YUBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127078699PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110 CITY PLACE APT14BAddressLine1Txt
CityWHITE PLAINSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10601ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CHI-CHEN YU
350 WEST 50TH ST 28FNEW YORKNY10019Treasurer1.00$0
ANGIE YU
350 WEST 50TH ST 28FNEW YORKNY10019Director1.00$0
PEI-ZHEN SHAO
5 ROLAND DRIVEWHITE PLAINSNY10605Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1The Organization donated to various organizations for charitable, religious, educational, scientific, literary purposes.Description1Txt
Expenses1$102,200Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,089,827AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$172,579AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,262,406TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,262,406AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$33,936CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,228,470NetVlNoncharitableAssetsAmt
Minimum Investment Return$111,424MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$111,424MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,952TaxBasedOnInvestmentIncomeAmt
Total Tax$1,952TotalTaxAmt
Distributable Before Adj$109,472DistributableBeforeAdjAmt
Distributable Before Ded$109,472DistributableBeforeDedAmt
Distributable As Adjusted$109,472DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$102,200ExpensesAndContributionsAmt
Qualifying Distributions$102,200QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$109,472DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$11,771ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$14,129ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$74,708ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$100,608TotalExcessDistributionCyovAmt
Qualifying Distributions$102,200QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$102,200AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$7,272ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$7,272ExcessDistributionCyovAppCYAmt
Total Corpus$93,336TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$93,336ExcessDistriCyovToNextYrAmt
Excess From Year4$4,499ExcessFromYear4Amt
Excess From Year3$14,129ExcessFromYear3Amt
Excess From Year1$74,708ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCHI CHEN YURecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1350 W 50TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2127078699RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NTUAA FOUNDATION
38 RIDGEFIELD LANEWILLOWBROOKIL60527EOFEDUCATION$34,000
LAGUARDIA COMMUNITY COLLEGE
30-10 THOMSON AVELONG ISLAND CITYNY11101EOFeducation$30,000
INSTITUTE OF INTERNATIONAL EDUCATION
809 UNITED NATIONS PLAZANEW YORKNY10017EOFEDUCATION$34,200
SIMPLY HELP FOUNDATION
121 S HOPE STREETLOS ANGELESCA90012EOFDISASTER RELIEF$4,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$102,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3,540RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$42,207RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$117,890RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$163,637RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$163,637TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndPayroll ContributionPayrollContributionInd
CHI CHEN ANGIE YU
110 CITY PLACE APT 14BWHITE PLAINSNY10601$50,000Yes (X)
CHIN WONG
220 BRISTOL DRIVEMANHASSETNY11030$150,000Yes (X)Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$1,865Amt
Net Investment Income$1,865NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFEDERAL TAX PAIDDesc
Amt$258Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
INVESTMENT FEES &BANK CHARGE$21,037$21,037
NYS FILING FEE$275$275