O & R FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: O & R FOUNDATION INC (EIN 20-3976090)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2024-09-13
IRS object ID: 202402579349101105
Schema version: 2023v5.1
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
Form 990-PF
Accounting Fees Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-09-13T13:50:13-07:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	205281117	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Benn & Leman CPAs Inc	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1508 Eureka Rd Ste 235	AddressLine1Txt
City	Roseville	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95661	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203976090	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The O&R Chun Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	O&RC	BusinessNameControlTxt
Phone	9167867626	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3741 Douglas Blvd Suite 130	AddressLine1Txt
City	Roseville	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95661	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Richard BD Chun	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-09-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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	Katherine L Leman CPA	PreparerPersonNm
PTIN	P00298369	PTIN
Phone	9167601680	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$129,115	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$4,242	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$4,242	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$4,242	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$6,702	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$16,303	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$6,702	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$10,944	TotalRevAndExpnssAmt
Total Net Invst Incm	$10,944	TotalNetInvstIncmAmt
Total Adj Net Incm	$4,242	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$1,200	AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$974	OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss	$118	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$2,292	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$15,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$15,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$17,292	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$15,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$6,348	ExcessRevenueOverExpensesAmt
Net Investment Income	$10,944	NetInvestmentIncomeAmt
Adjusted Net Income	$4,242	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$2,821	CashBOYAmt
Cash EOY	$3,743	CashEOYAmt
Cash EOYFMV	$3,743	CashEOYFMVAmt
Other Investments BOY	$118,649	OtherInvestmentsBOYAmt
Other Investments EOY	$111,379	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$125,372	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$121,470	TotalAssetsBOYAmt
Total Assets EOY	$115,122	TotalAssetsEOYAmt
Total Assets EOYFMV	$129,115	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$121,470	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$115,122	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$121,470	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$115,122	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$121,470	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$115,122	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$121,470	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$6,348	ExcessRevenueOverExpensesAmt
Subtotal	$115,122	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$115,122	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
669.145 DFA GLOBAL ALLOC 25/75	P	2010-01-01	2023-10-23	$8,985	$6,164	$2,821	$2,821
373.134 DFA GLOBAL ALLOC 25/75	P	2010-01-01	2023-10-30	$4,985	$3,437	$1,548	$1,548
Capital Gain Dividends						$2,333

Field	Value	IRS element (for citing)
Capital Gain Net Income	$6,702	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$152	InvestmentIncomeExciseTaxAmt
Subtotal	$152	SubtotalAmt
Tax Based On Investment Income	$152	TaxBasedOnInvestmentIncomeAmt
Tax Due	$152	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

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	false	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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Benn & Leman CPAs Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9167601680	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1508 Eureka Road Suite 235	AddressLine1Txt
City	Roseville	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95661	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
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 (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Richard BD Chun
3741 Douglas Blvd Suite 130	Roseville	CA	95661	President	1.00	$0
Nancy Oppy
3741 Douglas Blvd Suite 130	Roseville	CA	95661	Secretary/CFO	1.00	$0
Charles K Benn CPA
1508 Eureka Road Suite 235	Roseville	CA	95661	Treasurer	1.00	$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

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$125,930	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,112	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$130,042	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$130,042	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,951	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$128,091	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,405	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,405	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$152	TaxBasedOnInvestmentIncomeAmt
Total Tax	$152	TotalTaxAmt
Distributable Before Adj	$6,253	DistributableBeforeAdjAmt
Distributable Before Ded	$6,253	DistributableBeforeDedAmt
Distributable As Adjusted	$6,253	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,000	ExpensesAndContributionsAmt
Qualifying Distributions	$15,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$6,253	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$673	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$3,939	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$4,129	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,497	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,237	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$15,475	TotalExcessDistributionCyovAmt
Qualifying Distributions	$15,000	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$6,253	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$8,747	RemainingDistriFromCorpusAmt
Total Corpus	$24,222	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$673	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$23,549	ExcessDistriCyovToNextYrAmt
Excess From Year4	$3,939	ExcessFromYear4Amt
Excess From Year3	$4,129	ExcessFromYear3Amt
Excess From Year2	$4,497	ExcessFromYear2Amt
Excess From Year1	$2,237	ExcessFromYear1Amt
Excess From Current Year	$8,747	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	Richard BD Chun	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
SIERRA COLLEGE FOUNDATION
5000 ROCKLIN ROAD	ROCKLIN	CA	95677	None	PC	EDUCATIONAL ASSISTANCE	$12,000
ANNELYSE GOULD
8484 COBBLE CREEK LANE	ORANGEVALE	CA	95662	None	I	EDUCATIONAL ASSISTANCE	$3,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$15,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$4,242	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$6,702	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$10,944	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$10,944	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$1,200	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT ADVISORY FEES	CategoryTxt
Amt	$974	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt
FEDERAL NET INVESTMENT INCOME TAX	$93
STATE FILING FEE	$25

O & R FOUNDATION INC: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

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