WALTER AND FANNIE WANG FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WALTER AND FANNIE WANG FOUNDATION (EIN 26-3315955)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2024-07-15
- IRS object ID
- 202401979349100000
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-15T00:06:41-04:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814254215 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONNIE LI ACCOUNTING & TAX SERVICE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 W EL CAMINO REAL SUITE 180 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 940402586 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263315955 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTER AND FANNIE WANG FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WALT | BusinessNameControlTxt |
| Phone | 4088579829 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1133 KENDAL CT | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95120 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER C WANG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4088579829 | PhoneNum |
| Signature | 2024-06-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WALTER C | PersonFirstNm |
| Person Last | WANG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BEI BONNIE LI | PreparerPersonNm |
| PTIN | P01935365 | PTIN |
| Phone | 4089668930 | PhoneNum |
| Preparation | 2024-07-14 | PreparationDt |
| 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 | $802,876 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $90,203 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $11,954 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,954 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $11,954 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $102,157 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,954 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $11,954 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,656 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $1,250 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $176 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $299 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $299 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,420 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $65 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,545 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,801 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $65 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,844 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $38,284 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $38,284 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $47,085 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $65 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $42,128 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $55,072 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,889 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,954 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $15,347 | CashBOYAmt |
| Cash EOY | $33,420 | CashEOYAmt |
| Cash EOYFMV | $29,515 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $43,332 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $53,660 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $53,660 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $375,085 | CorporateStockBOYAmt |
| Corporate Stock EOY | $322,575 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $719,701 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,125 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,008 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $293 | LandBOYAmt |
| Land EOY | $117 | LandEOYAmt |
| Total Assets BOY | $434,057 | TotalAssetsBOYAmt |
| Total Assets EOY | $409,772 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $802,876 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $4,271 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $15,389 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $4,271 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,389 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $379,432 | CapitalStockBOYAmt |
| Capital Stock EOY | $288,956 | CapitalStockEOYAmt |
| Retained Earning BOY | $50,354 | RetainedEarningBOYAmt |
| Retained Earning EOY | $105,427 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $429,786 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $394,383 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $434,057 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $409,772 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $429,786 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $55,072 | ExcessRevenueOverExpensesAmt |
| Subtotal | $484,858 | SubtotalAmt |
| Other Decreases | $90,475 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $394,383 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 5000 SHARES OF MLUES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2017-11-21 | AcquiredDt |
| Sold | 2022-11-25 | SoldDt |
| Gross Sales Price | $54,509 | GrossSalesPriceAmt |
| Cost Or Other Basis | $54,509 | CostOrOtherBasisAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $165 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $165 | SubtotalAmt |
| Tax Based On Investment Income | $165 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $165 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FUNG WING WANG | IndividualWithBooksNm |
| Phone | 4088579829 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1133 KENDAL CT | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2020 | UndistributedIncomePY1Yr |
| Undistributed Income PY2 | 2019 | UndistributedIncomePY2Yr |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|---|---|
| WALTER C WANG | ||||||||
| 1133 KENDAL CT | SAN JOSE | CA | 95120 | PRESIDENT | 3.00 | $0 | $0 | $0 |
| FUNG WING WANG | ||||||||
| 1133 KENDAL CT | SAN JOSE | CA | 95120 | VICE PRESIDE | 3.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $603,019 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $91,477 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $694,496 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $694,496 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,417 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $684,079 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $34,204 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $34,204 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $165 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $165 | TotalTaxAmt |
| Distributable Before Adj | $34,039 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $34,039 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $34,039 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $42,128 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $42,128 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $34,039 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $36,474 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Total For Prior Years | $2,864 | TotalForPriorYearsAmt |
| Qualifying Distributions | $42,128 | QualifyingDistributionsAmt |
| Applied To Year1 | $36,474 | AppliedToYear1Amt |
| Applied To Current Year | $5,654 | AppliedToCurrentYearAmt |
| Prior Year Undistributed Incm | $2,864 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $2,864 | PriorYearDeficiencyOrTaxAmt |
| Undistributed Income CY | $28,385 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WALTLER C WANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WILLIAMS WINS FOUNDATION | |||||||
| 1150 RAJKOVICH WAY | SAN JOSE | CA | 95120 | N/A | 501(C)(3) | DONATION | $100 |
| LELAND HIGH SCHOOL | |||||||
| 6677 CAMDEN AVE | SAN JOSE | CA | 95120 | N/A | 501(C)(3) | DONATION | $1,965 |
| LELAND BRIDGE PARENT CLUB | |||||||
| 6677 CAMDEN AVE | SAN JOSE | CA | 95120 | N/A | 501(C)(3) | DONATION | $1,000 |
| BRET HARTE EDUCATIONAL ASSOCIATION | |||||||
| 7050 BRET HARTE DR | SAN JOSE | CA | 95120 | N/A | 501(C)(3) | DONATION | $1,021 |
| QUICKSILVER SWIMMING | |||||||
| PO BOX 36205 | SAN JOSE | CA | 95118 | N/A | 501(C)(3) | DONATION | $516 |
| ASIAN AMERICAN FOR COMMUNITY INVOLV | |||||||
| 2400 MOORPARK AVE STE 300 | SAN JOSE | CA | 95128 | N/A | 501(C)(3) | DONATION | $600 |
| DIOCESE OF SAN JOSE | |||||||
| 1150 N FIRST ST STE 100 | SAN JOSE | CA | 95112 | N/A | 501(C)(3) | DONATION | $1,000 |
| KHAN ACADEMY | |||||||
| PO BOX 1630 | MOUNTAIN VIEW | CA | 94042 | N/A | 501(C)(3) | DONATION | $1,040 |
| LELAND HIGH SCHOOL PARENT CLUB | |||||||
| 6677 CAMDEN AVE | SAN JOSE | CA | 95120 | N/A | 501(C)(3) | DONATION | $2,042 |
| SAN JOSE CHINESE CATHOLIC MISSION | |||||||
| 725 WASHINGTON ST | SANTA CLARA | CA | 95050 | N/A | 501(C)(3) | DONATION | $1,000 |
| STANFORD UNIVERSITY | |||||||
| 450 SERRA MALL | STANFORD | CA | 94305 | N/A | 501(C)(3) | DONATION | $1,000 |
| USC VITERBI SCHOOL OF ENGINEERING | |||||||
| UNIVERSITY PARK CAMPUS | LOS ANGELES | CA | 90089 | N/A | 501(C)(3) | DONATION | $27,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $38,284 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,954 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $11,954 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,954 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | WALTER WANG | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1133 KENDAL CT | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $86,403 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 2159 SHARES OF MRVL STOCKS | NoncashPropertyDesc |
| Fair Market Value | $86,403 | FairMarketValueAmt |
| Received | 2022-12-15 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $1,656 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| FURNITURE | 2011-03-01 | $1,337 | $1,337 | S/L | 7.0000 | |
| FURNITURE | 2016-11-05 | $394 | $328 | S/L | 7.0000 | $56 |
| FURNITURE | 2016-12-14 | $335 | $275 | S/L | 7.0000 | $48 |
| FURNITURE | 2018-01-09 | $500 | $333 | S/L | 7.0000 | $72 |
| EQUIPMENT | 2015-09-21 | $923 | $923 | S/L | 5.0000 | |
| EQUIPMENT | 2014-09-01 | $552 | $552 | S/L | 3.0000 | |
| EQUIPMENT | 2014-03-17 | $219 | $219 | S/L | 3.0000 | |
| EQUIPMENT | 2013-08-24 | $1,547 | $1,547 | S/L | 3.0000 | |
| EQUIPMENT | 2014-03-17 | $2,048 | $2,048 | S/L | 3.0000 | |
| LAPTOP | 2018-12-07 | $878 | $878 | 200DB | 5.0000 | |
| LAPTOP | 2018-12-12 | $1,392 | $1,392 | 200DB | 5.0000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JPM | $40,000 | $38,880 |
| PSA | $35,000 | $33,684 |
| MLUMB | $60,422 | $64,850 |
| META | $3,800 | $29,589 |
| MRVL | $47,759 | $463,612 |
| MLUES | ||
| BCAT | $34,552 | $27,408 |
| BIGZ | $30,878 | $14,296 |
| FACGX | $38,585 | $27,584 |
| NBXG | $31,579 | $19,798 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FURNITURE & EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $10,125 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $10,008 | AccumulatedDepreciationAmt |
| Book Value | $117 | BookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL STOCK | Desc |
| Amt | $90,475 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| ADVERTISING & PROMOTION | $1,511 | $1,511 | |
| DUES & SUBSCRIPTIONS | $152 | ||
| BANK CHARGES | $81 | $65 | |
| LICENSES & PERMITS | $95 | ||
| CONTRIBUTION EXPENSES | $1,349 | ||
| INSURANCE | $609 | $609 | |
| OFFICE SUPPLIES | $73 | ||
| PROGRAM SUPPLIES | $1,073 | $1,073 | |
| POSTAGE | $26 | ||
| RENT EXPENSES | $220 | $220 | |
| WEBSITE | $132 | $132 | |
| PAYPAL FEES | $99 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX | CategoryTxt |
| Amt | $1,250 | Amt |
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