HC FUND: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HC FUND (EIN 82-2579708)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-24
IRS object ID
202401459349100405
Schema version
2023v5.0
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)
Return2024-05-24T08:43:28-00:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822579708EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HC FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHCFUBusinessNameControlTxt
Phone4159351830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm
Person TitlePresidentPersonTitleTxt
Phone4159351830PhoneNum
Signature2024-05-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHemanPersonFirstNm
Person LastChowPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$356,052FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,600ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$91InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$91InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$8,595DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,595DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$18,496NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$18,496CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$113OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$113OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$36,895TotalRevAndExpnssAmt
Total Net Invst Incm$27,295TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$50AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$67TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$742OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$859TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,530ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,530ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,389TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$11,530TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$24,506ExcessRevenueOverExpensesAmt
Net Investment Income$27,295NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,126SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,978SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,978SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$906,840OtherInvestmentsBOYAmt
Other Investments EOY$932,044OtherInvestmentsEOYAmt
Other Investments EOYFMV$354,074OtherInvestmentsEOYFMVAmt
Total Assets BOY$908,966TotalAssetsBOYAmt
Total Assets EOY$934,022TotalAssetsEOYAmt
Total Assets EOYFMV$356,052TotalAssetsEOYFMVAmt
Accounts Payable BOY$650AccountsPayableBOYAmt
Accounts Payable EOY$1,200AccountsPayableEOYAmt
Total Liabilities BOY$650TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,200TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$908,316NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$932,822NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$908,316TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$932,822TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$908,966TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$934,022TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$908,316TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$24,506ExcessRevenueOverExpensesAmt
Subtotal$932,822SubtotalAmt
Tot Net Ast Or Fund Balances EOY$932,822TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyHC Domestic Fund LP K-1PropertyDesc
How AcquiredDHowAcquiredCd
Gain Or Loss$18,496GainOrLossAmt
Gains Minus Excess Or Losses$18,496GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$18,496CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$379InvestmentIncomeExciseTaxAmt
Subtotal$379SubtotalAmt
Tax Based On Investment Income$379TaxBasedOnInvestmentIncomeAmt
Tax Due$379TaxDueAmt

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 ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksHeman ChowIndividualWithBooksNm
Phone4159351830PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
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
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
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
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
Heman Chow
1301 Clay St No 72053OaklandCA94612President003.00$0
Nancy Chow
1301 Clay St No 72053OaklandCA94612Secretary Treasurer002.00$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)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$320,474AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,607AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$322,081TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$322,081AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,831CashDeemedCharitableAmt
Net Vl Noncharitable Assets$317,250NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,863MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,863MinimumInvestmentReturnAmt
Tax Based On Investment Income$379TaxBasedOnInvestmentIncomeAmt
Total Tax$379TotalTaxAmt
Distributable Before Adj$15,484DistributableBeforeAdjAmt
Distributable Before Ded$15,484DistributableBeforeDedAmt
Distributable As Adjusted$15,484DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$11,530ExpensesAndContributionsAmt
Qualifying Distributions$11,530QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$15,484DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$1,973ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,539ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,056ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$10,568TotalExcessDistributionCyovAmt
Qualifying Distributions$11,530QualifyingDistributionsAmt
Applied To Current Year$11,530AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$3,954ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$3,954ExcessDistributionCyovAppCYAmt
Total Corpus$6,614TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$6,614ExcessDistriCyovToNextYrAmt
Excess From Year3$5,558ExcessFromYear3Amt
Excess From Year2$1,056ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHeman ChowContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Chinese Independent Baptist Church of Oakland
280 8th StOaklandCA94607PCGeneral Purpose$10,500
BSF International
19001 Huebner RdSan AntonioTX78258PCGeneral Purpose$500
CRU
100 Lake Hart DriveOrlandoFL32832PCGeneral Purpose$250
San Ramon Valley United School Dist
699 Old Orchard DrDanvilleCA94526GOVGeneral Purpose$250
Samaritan Purse
PO Box 3000BooneNC28607PCGeneral Purpose$30
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,530TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$91ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,595ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$18,496ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOther partnership portfolio incomeDesc
Exclusion14ExclusionCd
Exclusion$113ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,295ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,295TotalIncomeProducingActyAmt

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 PersonHC Domestic Fund LPContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
FieldValueIRS element (for citing)
Total Contributions$9,600TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax SofwareCategoryTxt
Amt$50Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemHC Domestic Fund LPCategoryOrItemTxt
Book Value$932,044BookValueAmt
EOYFMV$354,074EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
CA RRF-1 Fee$25
Other Expenses$717

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther partnership portfolio incomeDesc
Revenue And Expenses Per Books$113RevenueAndExpensesPerBooksAmt
Net Investment Income$113NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax for IRS Form 990-PFCategoryTxt
Amt$67Amt

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