CHUA FAMILY CHARITABLE FOUND-IN MEMORY CHUA KOAN & CHANG SU CHENG: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CHUA FAMILY CHARITABLE FOUND-IN MEMORY CHUA KOAN & CHANG SU CHENG (EIN 20-1961263)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-24
IRS object ID
202422689349100612
Schema version
2023v5.1
Note
A later return for the same period supersedes this one.
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)
Return2024-09-24T11:44:30-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN933616306PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Etrends GroupBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1120 E Saint George Blvd Ste 323AddressLine1Txt
CitySt GeorgeCityNm
State AbbreviationUTStateAbbreviationCd
ZIP847704040ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201961263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHUA FAMILY CHARITABLE FOUNDATION - IN MBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHUABusinessNameControlTxt
Phone6307301332PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 OAK BROOK HILLS RDAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWENDY YEHPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-09-24SignatureDt
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 PersonAmanda HartPreparerPersonNm
PTINP02478958PTIN
Phone4354148878PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,101,665FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$411,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,002InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,002InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$27,421DividendsRevAndExpnssAmt
Dividends Net Invst Incm$27,421DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$12,483NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$225,236GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$12,483CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$451,906TotalRevAndExpnssAmt
Total Net Invst Incm$40,906TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$25,382OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$25,382OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$214TaxesRevAndExpnssAmt
Taxes Net Invst Incm$205TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$9TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$14,273OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$14,273OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$39,869TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$25,587TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$14,282TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$70,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$70,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$109,869TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$25,587TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$84,282TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$342,037ExcessRevenueOverExpensesAmt
Net Investment Income$15,319NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$117,248CashBOYAmt
Cash EOY$395,405CashEOYAmt
Cash EOYFMV$395,405CashEOYFMVAmt
Corporate Stock BOY$1,588,541CorporateStockBOYAmt
Corporate Stock EOY$1,617,260CorporateStockEOYAmt
Corporate Stock EOYFMV$1,606,260CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$275,000InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY$275,000LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$275,000LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$100,000LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$1,980,789TotalAssetsBOYAmt
Total Assets EOY$2,287,665TotalAssetsEOYAmt
Total Assets EOYFMV$2,101,665TotalAssetsEOYFMVAmt
Accounts Payable BOY$105,163AccountsPayableBOYAmt
Accounts Payable EOY$70,000AccountsPayableEOYAmt
Other Liabilities BOY$2OtherLiabilitiesBOYAmt
Other Liabilities EOY$4OtherLiabilitiesEOYAmt
Total Liabilities BOY$105,165TotalLiabilitiesBOYAmt
Total Liabilities EOY$70,004TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,875,624NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$2,217,661NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,875,624TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,217,661TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,980,789TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,287,665TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,875,624TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$342,037ExcessRevenueOverExpensesAmt
Subtotal$2,217,661SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,217,661TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
JP MORGAN SHORT TERM COVEREDP2023-01-012023-12-31$54,914$60,946-$6,032-$6,032
JP MORGAN LONG TERM COVEREDP2021-01-012023-12-31$170,322$151,807$18,515$18,515
FieldValueIRS element (for citing)
Capital Gain Net Income$12,483CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$213InvestmentIncomeExciseTaxAmt
Subtotal$213SubtotalAmt
Tax Based On Investment Income$213TaxBasedOnInvestmentIncomeAmt
Tax Due$213TaxDueAmt
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 StateILOrgReportOrRegisterStateCd
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 Line1WENDY YEHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6307301332PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12900 OAK BROOK HILLSAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
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
CHANELLE CHUA
2900 OAK BROOK HILLS RDOAK BROOKIL60523Director0.00$0
WENDY YEH
2900 OAK BROOK HILLS RDOAK BROOKIL60523President0.00$0
TIFFANY CHUA
1496 HUNTINGTON LNCLEVELANDOH44118Treasurer0.00$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$2,276,615AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,276,615TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,276,615AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$34,149CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,242,466NetVlNoncharitableAssetsAmt
Minimum Investment Return$112,123MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$112,123MinimumInvestmentReturnAmt
Tax Based On Investment Income$213TaxBasedOnInvestmentIncomeAmt
Total Tax$213TotalTaxAmt
Distributable Before Adj$111,910DistributableBeforeAdjAmt
Distributable Before Ded$111,910DistributableBeforeDedAmt
Distributable As Adjusted$111,910DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$84,282ExpensesAndContributionsAmt
Qualifying Distributions$84,282QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$111,910DistributableAsAdjustedAmt
Undistributed Income PY$70,859UndistributedIncomePYAmt
Qualifying Distributions$84,282QualifyingDistributionsAmt
Applied To Year1$70,859AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$13,423AppliedToCurrentYearAmt
Undistributed Income CY$98,487UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ASGEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13300 WOODCREED DRIVEAddressLine1Txt
CityDOWNERS GROVECityNm
State AbbreviationILStateAbbreviationCd
ZIP60515ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeADVANCING DIGESTIVE CARE THROUGH EDUCATION, ADVOCACY AND PROMOTION OF EXCELLENCE IN ENDOSCOPYGrantOrContributionPurposeTxt
Amt$70,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$70,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,002ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$27,421ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,483RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$28,423ExclusionAmt
Related Or Exempt Function Incm$12,483RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,906TotalIncomeProducingActyAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
WENDY C YEH CHARITABLE LEAD ANNUITY
12900 OAK BROOK HILLSOAK BROOKIL60523$6,000Yes (X)
DAVID CHUA CHARITABLE LEAD ANNUITY
22900 OAK BROOK HILLSOAK BROOKIL60523$5,000Yes (X)
DAVID CHUA
32900 OAK BROOK HILLSOAK BROOKIL60523$400,000Yes (X)

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

FieldValueIRS element (for citing)
Category Or ItemLandCategoryOrItemTxt
Cost Or Other Basis$275,000CostOrOtherBasisAmt
Book Value$275,000BookValueAmt
EOYFMV$100,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTOMOBILE$493$493
BANK SERVICE FEES$254$254
CLEANING FEE$330$330
DUES & SUBSCRIPTIONS$149$149
INSURANCE$4,589$4,589
LICENSE & PERMITS$29$29
OFFICE SUPPLIES$82$82
REPAIRS AND MAINTENANCE$6,847$6,847
UTILITIES$1,500$1,500

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescRoundingDesc
BOY Book Value$2BOYBookValueAmt
EOY Book Value$4EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMANAGEMENT FEECategoryTxt
Amt$25,382Amt
Net Investment Income$25,382NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX$9$9
FOREIGN TAXES$205$205

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