ENLIGHT FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ENLIGHT FOUNDATION (EIN 20-1063909)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-14
- IRS object ID
- 202412889349100041
- 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
- Schedule B
- Accounting Fees Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-14T11:09:02-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953510881 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sy Lee & Chen LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 362 W Garvey Ave | AddressLine1Txt |
| City | Monterey Park | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91754 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201063909 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENLIGHT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENLI | BusinessNameControlTxt |
| Phone | 6508041232 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 954 ROBLE RIDGE ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | XIN LIU | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-10-14 | 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 | CHEN C LEE | PreparerPersonNm |
| PTIN | P01336977 | PTIN |
| Phone | 6262887202 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $461,385,239 | 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 | $2,491,439 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,965,032 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,965,032 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $2,965,032 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $4,875,072 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,875,072 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $4,875,072 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $90,425,118 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $215,381,009 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $90,425,118 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $972,530 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $101,729,191 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $98,265,222 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $7,840,104 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $73,135 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $24,378 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $48,757 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $211,495 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $70,498 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $140,996 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $30,532 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $10,177 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $20,355 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,925 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,975 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,950 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $723,753 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $723,753 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,359,589 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,346,751 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $12,838 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $23,332 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $23,332 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,503,803 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,434,632 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $69,171 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,931,564 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,612,164 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $319,399 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $39,613,833 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $39,613,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $47,545,397 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,612,164 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $39,933,232 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $54,183,794 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $90,653,058 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $7,840,104 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,463,923 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $734,827 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $734,827 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $43,451,389 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $55,668,737 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $56,179,224 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $79,373,125 | CorporateStockBOYAmt |
| Corporate Stock EOY | $68,267,377 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $281,441,561 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $66,320,915 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $122,832,137 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $122,832,137 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $197,490 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $197,490 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $193,609,352 | TotalAssetsBOYAmt |
| Total Assets EOY | $247,700,568 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $461,385,239 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $92,935 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $357 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $92,935 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $357 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $193,516,417 | RetainedEarningBOYAmt |
| Retained Earning EOY | $247,700,211 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $193,516,417 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $247,700,211 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $193,609,352 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $247,700,568 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $193,516,417 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $54,183,794 | ExcessRevenueOverExpensesAmt |
| Subtotal | $247,700,211 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $247,700,211 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY- GAIN & LOSS SUMMARY-#39563 | P | 2023-02-14 | 2023-05-18 | $32,311 | $28,449 | $3,862 | $3,862 |
| 123690145SH AAPL | P | 2020-01-01 | 2023-05-18 | $21,409,136 | $2,294,834 | $19,114,302 | $19,114,302 |
| CHARLES SCHWAB- GAIN & LOSS SUMMARY-#7732 | P | 2023-12-31 | 2023-12-31 | $75,994,838 | $75,873,709 | $121,129 | $121,129 |
| CHARLES SCHWAB- GAIN & LOSS SUMMARY-#7732 | P | 2020-01-01 | 2023-12-31 | $74,931,997 | $11,694,382 | $63,237,615 | $63,237,615 |
| CHARLES SCHWAB- GAIN & LOSS SUMMARY-#6300 | P | 2023-12-31 | 2023-12-31 | $924,875 | $4,012,698 | -$3,087,823 | -$3,087,823 |
| CHARLES SCHWAB- GAIN & LOSS SUMMARY-#6300 | P | 2020-01-01 | 2023-12-31 | $13,554,763 | $3,811,850 | $9,742,913 | $9,742,913 |
| CHARLES SCHWAB- GAIN & LOSS SUMMARY-#1297 | P | 2023-12-31 | 2023-12-31 | $10,382,572 | $10,307,086 | $75,486 | $75,486 |
| FIDELITY- GAIN & LOSS SUMMARY-#39765 | P | 2023-12-31 | 2023-12-31 | $3,027,333 | $2,988,644 | $38,689 | $38,689 |
| FIDELITY- GAIN & LOSS SUMMARY-#39765 | P | 2020-01-01 | 2023-12-31 | $9,305,439 | $8,141,930 | $1,163,509 | $1,163,509 |
| FIDELITY- GAIN & LOSS SUMMARY-#40263 | P | 2023-12-31 | 2023-12-31 | $999,354 | $997,034 | $2,320 | $2,320 |
| FIDELITY- GAIN & LOSS SUMMARY-#40263 | P | 2020-01-01 | 2023-12-31 | $4,442,068 | $4,534,977 | -$92,909 | -$92,909 |
| LONG TERM CAPITAL GAIN(LOSS) FROM K-1 | P | 2020-01-01 | 2023-12-31 | $342,476 | $342,476 | $342,476 | |
| SHORT TERM CAPITAL GAIN(LOSS) FROM K-1 | P | 2023-12-31 | 2023-12-31 | $270,298 | -$270,298 | -$270,298 | |
| SECTION 1256 CONTRACTS GAIN FROM K-1 | P | 2023-12-31 | 2023-12-31 | $2,155 | $2,155 | $2,155 | |
| SECTION 1231 CONTRACTS GAIN FROM K-1 | P | 2023-12-31 | 2023-12-31 | $31,692 | $31,692 | $31,692 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $90,425,118 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$3,082,788 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,260,078 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,260,078 | SubtotalAmt |
| Tax Based On Investment Income | $1,260,078 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,888,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,888,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $627,922 | OverpaymentAmt |
| Applied To ES Tax | $627,922 | 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 | 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | 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 | XIN LIU | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6508041232 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 954 ROBLE RIDGE ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| LINDSAY A LOUIE | |||||||
| 8 QUAIL MEADOWS DR | WOODSIDE | CA | 94062 | CEO | 40.00 | $73,135 | $1,409 |
| XIN LIU | |||||||
| 954 ROBLE RIDGE ROAD | PALO ALTO | CA | 94306 | Director, CEO | 10.00 | $0 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YING WANG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1461 CLOVERDALE CT | AddressLine1Txt |
| City | SUNNYVALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PROGRAM MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $194,807 | CompensationAmt |
| Employee Benefits | $1,017 | EmployeeBenefitsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $388,733,824 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,139,534 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $122,832,137 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $518,705,495 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $518,705,495 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,780,582 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $510,924,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,546,246 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,546,246 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,260,078 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,260,078 | TotalTaxAmt |
| Distributable Before Adj | $24,286,168 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,286,168 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,286,168 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $39,933,232 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $39,933,232 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,286,168 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $891,993 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $2,639,194 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,444,008 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,975,195 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $39,933,232 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $24,286,168 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $15,647,064 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,622,259 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $22,622,259 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $891,993 | ExcessFromYear4Amt |
| Excess From Year2 | $2,639,194 | ExcessFromYear2Amt |
| Excess From Year1 | $3,444,008 | ExcessFromYear1Amt |
| Excess From Current Year | $15,647,064 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | XIN LIU | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| LELAND STANFORD JUNIOR UNIVERSITY | ||||||
| 326 GALVEZ STREET | STANFORD | CA | 94305 | 501(C)(3) | EDUCATION AND ENVIRONMENT | $975,000 |
| ART OF THE PIANO | ||||||
| 3955 BEECHWOOD AVE | Cincinnati | OH | 45229 | 501(C)(3) | GENERAL EDUCATION PROGRAM | $99,442 |
| VIA VOLUNTEERS IN ASIA | ||||||
| PO BOX 1314 | PALO ALTO | CA | 94302 | 501(C)(3) | EDUCATION | $154,000 |
| WORLD SAVVY | ||||||
| 2429 NICOLLET AVE | MINNEAPOLIS | MN | 55404 | 501(C)(3) | EDUCATION | $1,000,000 |
| SOLUTIONS JOURNALISM NETWORK | ||||||
| 79 Madison Ave 224 | New York | NY | 10016 | 501(C)(3) | CULTURE | $2,500,000 |
| WATSON INSTITUTE | ||||||
| 1310 COLLEGE AVE 100 | BOULDER | CO | 80302 | 501(C)(3) | CULTURE & EDUCATION | $374,367 |
| DRAPER RICHARDS KAPLAN FOUNDATION | ||||||
| 1600 EL CAMINO REAL SUITE 155 | MENLO PARK | CA | 94025 | 501(C)(3) | CHARITY | $1,200,000 |
| UNIVERSITY OF CALIFORNIA BERKELEY | ||||||
| 1995 UNIVERSITY AVE SUITE 400 | BERKELEY | CA | 94704 | 501(C)(3) | EDUCATION | $128,513 |
| CREW | ||||||
| 15101 BACK OF THE MOON ST UNIT A | AUSTIN | TX | 78734 | 501(C)(3) | EDUCATION | $200,000 |
| THE HUNGER PROJECT | ||||||
| 110 WEST 30TH ST 6FL | NEW YORK | NY | 10001 | 501(C)(3) | CHARITY | $105,000 |
| SAN FRANCISCO GENERAL HOSP FOUNDATI | ||||||
| 2789 25th Street | SAN FRANCISCO | CA | 94110 | 501(C)(3) | CHILD TRAUMA RESEARCH PROGRAM. | $2,000,000 |
| CALMATTERS | ||||||
| 1017 L Street 261 | Sacramento | CA | 95814 | 501(C)(3) | CHARITY | $586,000 |
| CATCHLIGHT | ||||||
| 1150 25TH ST | SAN FRANCISCO | CA | 94107 | 501(C)(3) | CHARITY | $610,000 |
| EMPOWERMENT WORKS INC | ||||||
| 1187 Coast Village Rd - Suite 101 | Santa Barbara | CA | 93108 | 501(C)(3) | CHARITY | $848,178 |
| CHILDREN'S HEALTH COUNCIL | ||||||
| 650 CLARK WAY | PALO ALTO | CA | 94304 | 501(C)(3) | CHARITY | $500,000 |
| NATIONAL PHILANTHROPIC TRUST | ||||||
| 165 TOWNSHIP LINE RD SUITE 1200 | JENKINTOWN | PA | 19046 | 501(C)(3) | CHARITY | $28,333,333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $39,613,833 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,965,032 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,875,072 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $972,530 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $90,425,118 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $99,237,752 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $99,237,752 | 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 | XIN LIU | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 954 ROBLE RIDGE ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,491,439 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 14,121SH AAPL | NoncashPropertyDesc |
| Fair Market Value | $2,491,439 | FairMarketValueAmt |
| Received | 2023-11-03 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $5,925 | Amt |
| Net Investment Income | $1,975 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,950 | DisbursementsCharitablePrpsAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $30,532 | LegalFeesAmt |
| Net Investment Income | $10,177 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $20,355 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST (US BOND) | Desc |
| EOY Book Value | $197,490 | EOYBookValueAmt |
| EOYFMV | $197,490 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVISOR FEE | $1,081,886 | $1,081,886 | |
| ATTORNEY GENERAL'S REGISTRY OF CHARITBLE | $1,000 | $333 | $667 |
| AUTO EXPENSES | $272 | $272 | |
| BANK CHARGES | $634 | $610 | $24 |
| EMPLOYEE BENEFITS | $2,426 | $809 | $1,617 |
| FILING FEE | $473 | $158 | $315 |
| INVESTMENT EXPENSES | $3,824 | $3,824 | |
| NONDEDUCTIBLE EXPENSES FROM K-1 | $119 | $119 | |
| OFFICE EXPENSES | $2,438 | $813 | $1,625 |
| OTHER DEDUCTIONS-PORTFOLIO | $2,345,997 | $2,345,997 | |
| POSTAGE | $248 | $83 | $165 |
| UNDER PAYMENT OF ESTIMATED TAX PENALTY | $64,486 | $64,486 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $972,530 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL TAXES PAYABLE | $12,601 | $357 |
| CAPITAL CALL PAYABLE | $80,334 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | XIN LIU | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 954 ROBLE RIDGE ROAD | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX (2022) | $1,431,418 | $1,431,418 | |
| FEDERAL TAX (2023) | $1,888,000 | $1,888,000 | |
| FOREIGN TAX PAID | $20,914 | $20,914 | |
| TAXES ON PAYROLL | $19,257 | $6,419 | $12,838 |