KCAL INS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KCAL INS FOUNDATION (EIN 20-8035570)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-10
- IRS object ID
- 202403159349100810
- 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
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-10T14:46:00-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954330544 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sun Accountancy Corporation | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 W Valley Blvd 219 | AddressLine1Txt |
| City | San Gabriel | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91776 | 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 | 208035570 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KCAL Ins Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KCAL | BusinessNameControlTxt |
| Phone | 6262728288 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2140 S HACIENDA BLVD SUITE A | AddressLine1Txt |
| City | HACIENDA HEIGHTS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91745 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHUNG HWEI CHANG | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Phone | 6262728288 | PhoneNum |
| Signature | 2024-11-01 | 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 | LINDA SUN CPA | PreparerPersonNm |
| PTIN | P00107022 | PTIN |
| Phone | 6264576118 | 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 | $2,948,496 | 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 | $267,826 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $52,348 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $52,348 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $52,348 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $29,274 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $29,274 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $29,274 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $191,292 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,517,896 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $191,662 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $1,563 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $5,736 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $5,736 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $546,476 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $279,020 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $83,185 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $2,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $14,971 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,971 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $4,491 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $4,491 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $4,150 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $628 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,522 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $750 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $450 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $26,862 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,540 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,022 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $118,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $118,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $145,062 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,540 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $124,222 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $401,414 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $258,480 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $83,185 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,386 | CashBOYAmt |
| Cash EOY | $765 | CashEOYAmt |
| Cash EOYFMV | $1,266 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $199,342 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $571,970 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $576,469 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,003,011 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $487,246 | CorporateBondsBOYAmt |
| Other Investments BOY | $836,264 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,359,330 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,370,761 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,402 | OtherAssetsBOYAmt |
| Total Assets BOY | $2,530,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,932,065 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,948,496 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,530,651 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,932,065 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,530,651 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,932,065 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,530,651 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,932,065 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,530,651 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $401,414 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,932,065 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,932,065 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (55 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 3250.0000 PACTIV EVERGREEN INC. | P | 2021-12-07 | 2023-12-19 | $42,217 | $41,034 | $1,183 | $1,183 |
| 1400.0000 BRINKER INTL INC. | P | 2021-11-30 | 2023-12-21 | $59,499 | $47,511 | $11,988 | $11,988 |
| 250.0000 Alphabet Inc Cl A | P | 2020-09-18 | 2023-12-26 | $35,414 | $17,990 | $17,424 | $17,424 |
| 2880.0000 APOLLO MEDICAL HLDGS INC | P | 2022-10-07 | 2023-12-26 | $111,728 | $111,940 | -$212 | -$212 |
| 50.0000 MICROSOFT CORP | P | 2020-09-08 | 2023-12-26 | $18,735 | $10,288 | $8,447 | $8,447 |
| 9.431 HARTFORD SCHRDR INT MLTCP VL-C | P | 2022-12-28 | 2023-12-15 | $88 | $83 | $5 | $5 |
| 16.840 HARTFORD SCHRODERS EM MKT EQ C | P | 2022-12-28 | 2023-12-15 | $257 | $243 | $14 | $14 |
| 14.918 JPMORGAN US EQUITY C | P | 2022-12-20 | 2023-12-15 | $296 | $276 | $20 | $20 |
| 920.000 ALPHABET INC CL A | D | 2020-07-09 | 2023-12-14 | $121,040 | $65,536 | $55,504 | $55,504 |
| 774.110 AMERICAN EUROPACIFIC GRW C | D | 2021-11-30 | 2023-12-15 | $40,000 | $49,703 | -$9,703 | -$9,703 |
| 1452.806 AMERICAN GR FD OF AMERICA C | P | 2019-03-15 | 2023-07-17 | $80,000 | $64,350 | $15,650 | $15,650 |
| 814.454 AMERICAN MUTUAL C | P | 2021-11-30 | 2023-07-17 | $40,000 | $41,468 | -$1,468 | -$1,468 |
| 646.000 APPLE INC. | D | 2020-03-03 | 2023-12-14 | $128,755 | $65,854 | $62,901 | $62,901 |
| 310.575 HARTFORD SCHRDR INT MLTCP VL-C | P | 2021-02-16 | 2023-12-15 | $2,907 | $3,090 | -$183 | -$183 |
| 3340.799 HARTFORD SCHRODERS EM MKT EQ C | P | 2021-11-30 | 2023-12-15 | $50,941 | $62,512 | -$11,571 | -$11,571 |
| 1210.103 JPMORGAN MID CAP VALUE C | P | 2021-11-30 | 2023-07-17 | $40,000 | $50,588 | -$10,588 | -$10,588 |
| 2851.595 JPMORGAN US EQUITY C | P | 2021-11-30 | 2023-12-15 | $55,196 | $62,419 | -$7,223 | -$7,223 |
| 13994.000 PETROLEO BRASILEIRO SA | D | 2020-06-22 | 2023-12-14 | $209,526 | $115,815 | $93,711 | $93,711 |
| 58.000 UNITEDHEALTH GP INC | D | 2021-03-12 | 2023-12-14 | $31,222 | $20,622 | $10,600 | $10,600 |
| 1.000 Amazon Com Inc | P | 2022-12-13 | 2023-07-20 | $131 | $92 | $39 | $39 |
| 580.000 AT&T INC | P | 2022-12-28 | 2023-07-20 | $8,451 | $10,737 | -$2,286 | -$2,286 |
| 59.000 ISHARES RUSSELL 2000 GRWTH ETF | P | 2022-08-17 | 2023-07-20 | $14,726 | $14,382 | $344 | $344 |
| 92.000 ISHARES RUSSELL 2000 VALUE ETF | P | 2022-08-17 | 2023-07-20 | $13,593 | $14,440 | -$847 | -$847 |
| 147.000 UBER TECHNOLOGIES INC | P | 2022-12-13 | 2023-07-20 | $6,864 | $3,786 | $3,078 | $3,078 |
| 12.000 WELLS FARGO & CO NEW | P | 2022-08-01 | 2023-07-20 | $564 | $522 | $42 | $42 |
| 496.000 XPENG INC ADR | P | 2022-12-13 | 2023-07-20 | $7,440 | $6,543 | $897 | $897 |
| 37.000 Alphabet Inc Cl A | P | 2020-12-09 | 2023-07-20 | $4,417 | $3,298 | $1,119 | $1,119 |
| 60.000 Amazon Com Inc | P | 2021-01-05 | 2023-07-20 | $7,842 | $10,051 | -$2,209 | -$2,209 |
| 33.000 Apple Inc | P | 2020-12-09 | 2023-07-20 | $6,391 | $4,253 | $2,138 | $2,138 |
| 376.000 AT&T INC | P | 2018-08-02 | 2023-07-20 | $5,478 | $8,857 | -$3,379 | -$3,379 |
| 37.000 Bank of America Corp | P | 2020-07-09 | 2023-07-20 | $1,170 | $839 | $331 | $331 |
| 19.000 DEERE & CO | P | 2021-01-14 | 2023-07-20 | $8,329 | $5,797 | $2,532 | $2,532 |
| 73.000 EXXON MOBIL CORP | P | 2020-03-03 | 2023-07-20 | $7,545 | $3,698 | $3,847 | $3,847 |
| 92.000 JOHNSON & JOHNSON | P | 2021-01-14 | 2023-07-20 | $15,480 | $14,838 | $642 | $642 |
| 197.000 MONDELEZ INTL INC COM | P | 2020-12-09 | 2023-07-20 | $14,545 | $10,944 | $3,601 | $3,601 |
| 21.000 NXP SEMICONDUCTORS NV | P | 2020-07-09 | 2023-07-20 | $4,478 | $3,394 | $1,084 | $1,084 |
| 164.000 PETROLEO BRASILEIRO SA | P | 2017-08-17 | 2023-07-20 | $2,240 | $1,417 | $823 | $823 |
| 21.000 SONY GROUP CORPORATION ADR | P | 2017-08-17 | 2023-07-20 | $1,964 | $936 | $1,028 | $1,028 |
| 3.000 SOUTHWEST AIRLINES | P | 2021-01-14 | 2023-07-20 | $111 | $148 | -$37 | -$37 |
| 152.000 UBER TECHNOLOGIES INC | P | 2020-03-03 | 2023-07-20 | $7,098 | $6,920 | $178 | $178 |
| 126.000 UNITED STATES STEEL CORP | P | 2021-01-14 | 2023-07-20 | $3,088 | $2,851 | $237 | $237 |
| 16.000 Unitedhealth GP Inc | P | 2021-01-14 | 2023-07-20 | $8,087 | $5,675 | $2,412 | $2,412 |
| 20,000.000 NISOURCE INC. | P | 2022-10-21 | 2023-06-15 | $20,000 | $19,743 | $257 | $257 |
| 410.000 AEGON FUNDING COR 5100 | P | 2020-02-18 | 2023-12-19 | $8,684 | $10,528 | -$1,844 | -$1,844 |
| 2,000.000 AT&T INC | P | 2018-02-01 | 2023-12-14 | $46,143 | $50,530 | -$4,387 | -$4,387 |
| 1,990.000 CITIGROUP CAPT | P | 2019-05-28 | 2023-12-27 | $55,991 | $53,561 | $2,430 | $2,430 |
| 650.000 FORD MOTOR COMPAN | P | 2020-02-19 | 2023-12-26 | $15,805 | $16,960 | -$1,155 | -$1,155 |
| 2,000.000 PRUDENTIAL FINANC | P | 2018-09-11 | 2023-12-20 | $47,863 | $51,907 | -$4,044 | -$4,044 |
| 1,500.000 QVC INC | P | 2021-05-27 | 2023-05-10 | $14,343 | $38,247 | -$23,904 | -$23,904 |
| 2,045.000 QWEST CORP. | P | 2019-05-28 | 2023-09-19 | $25,341 | $48,111 | -$22,770 | -$22,770 |
| 1,000.000 THE SOUTHERN | P | 2020-02-18 | 2023-12-14 | $21,866 | $26,525 | -$4,659 | -$4,659 |
| 215.000 W R. BERKLEY CO | P | 2020-02-18 | 2023-12-20 | $5,007 | $5,752 | -$745 | -$745 |
| 14,000.000 UNITED STATES TREASURY BILL | P | 2023-05-15 | 2023-06-13 | $14,000 | $14,000 | ||
| 25,000.000 UNITED STATES TREASURY BILL | P | 2023-09-21 | 2023-12-21 | $25,000 | $25,000 | ||
| Wash Sale | $370 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $191,662 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,563 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,593 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,593 | SubtotalAmt |
| Tax Based On Investment Income | $3,593 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,358 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,358 | TotalPaymentsAndCreditsAmt |
| Tax Due | $235 | 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.guidestar.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHUNG HWEI CHANG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6262728288 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2140 S HACIENDA BLVD SUITE A | AddressLine1Txt |
| City | HACIENDA HEIGHTS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91745 | 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 (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| JOAN QUANG HANG | ||||||
| 2410 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | Director | 5.00 | $0 |
| CHUNG HWEI CHANG | ||||||
| 2140 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | Secretary | 5.00 | $0 |
| ANGELA L CHANG | ||||||
| 2140 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | Director | 5.00 | $0 |
| I-HSIN LIU | ||||||
| 2140 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | Director | 5.00 | $0 |
| KENNY CHANG | ||||||
| 2140 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | President & CEO | 5.00 | $0 |
| JESSICA TUNG | ||||||
| 2140 S HACIENDA BLVD STE A | HACIENDA HEIGHTS | CA | 91745 | CFO | 5.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,254,513 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $195,136 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,449,649 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,449,649 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $36,745 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,412,904 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $120,645 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $120,645 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,593 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,593 | TotalTaxAmt |
| Distributable Before Adj | $117,052 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $117,052 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $117,052 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $124,222 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $124,222 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $117,052 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $29,835 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $7,367 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $37,202 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $124,222 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $117,052 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,170 | RemainingDistriFromCorpusAmt |
| Total Corpus | $44,372 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $44,372 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $29,835 | ExcessFromYear3Amt |
| Excess From Year2 | $7,367 | ExcessFromYear2Amt |
| Excess From Current Year | $7,170 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHUNG HWEI CHANG | ContributingManagerNm |
| Contributing Manager | KENNY CHANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CALIFORNIA ASIAN PEACE OFFICERS ASSOCIAT | |||||||
| PO BOX 538 | SAN GABRIEL | CA | 91778 | NONE | PC | CHARITABLE PURPOSE | $1,000 |
| SOUTHERN CALIFORNIA COUNCIL OF CHINESE S | |||||||
| 3024 E CHAPMAN AVE 159 | ORANGE | CA | 92869 | NONE | PC | CHARITABLE PURPOSE | $10,000 |
| BUDDHAS LIGHT INTERNATIONAL LOS ANGELES | |||||||
| 1409 N WALNUT GROVE AVE | ROSEMEAD | CA | 91770 | NONE | PC | CHARITABLE PURPOSE | $6,000 |
| ACE NEXTGEN | |||||||
| PO BOX 51471 | BOSTON | MA | 02205 | NONE | PC | CHARITABLE PURPOSE | $6,000 |
| INTERNATIONAL BUDDHIST PROGRESS SOCIETY | |||||||
| 3456 GLENMARK DR | HACIENDA HEIGHTS | CA | 91745 | NONE | PC | CHARITABLE PURPOSE | $71,000 |
| ASIAN BUSINESS CENTER | |||||||
| 767 NORTH HILL STREET SUITE 308 | LOS ANGELES | CA | 90012 | NONE | PC | CHARITABLE PURPOSE | $4,500 |
| ALHAMBRA POLICE FOUNDATION | |||||||
| 2801 W MISSION RD | ALHAMBRA | CA | 91803 | NONE | PC | CHARITABLE PURPOSE | $1,000 |
| NATIONAL ASIAN PEACE OFFICERS ASSC | |||||||
| PO BOX 1971 | SPRING VALLEY | CA | 91979 | NONE | PC | CHARITABLE PURPOSE | $1,000 |
| CHINESE AMERICAN COALITION FOR COMPASSIO | |||||||
| PO BOX 276 | CUPERTINO | CA | 95015 | NONE | PC | CHARITABLE PURPOSE | $2,000 |
| ASIAN PACIFIC COMMUNITY FUND | |||||||
| 1145 WILSHIRE BOULEVARD SUITE 105 | LOS ANGELES | CA | 90017 | NONE | PC | CHARITABLE PURPOSE | $3,000 |
| ALADS CARE FOUNDATION | |||||||
| 2 CUPANIA CIRCLE | MONTEREY PARK | CA | 91755 | NONE | PC | CHARITABLE PURPOSE | $2,200 |
| SFS SQUAD CLUB | |||||||
| 10051 ORR DAY RD | SANTA FE SPRINGS | CA | 90670 | NONE | PC | CHARITABLE PURPOSE | $2,500 |
| OVERSEAS COMMUNITY CARE NETWORK OF LA | |||||||
| 9443 TELSTAR AVE | EL MONTE | CA | 91731 | NONE | PC | CHARITABLE PURPOSE | $2,000 |
| COMMUNITY IMPROVEMENT FOUNDATION | |||||||
| 17800 CASTLETO ST 168 | CITY OF INDUSTRY | CA | 91748 | NONE | PC | CHARITABLE PURPOSE | $2,000 |
| NORTH AMERICAN TAIWANESE MEDICAL ASSOCIA | |||||||
| 132 DONATI | IRVINE | CA | 92602 | NONE | PC | CHARITABLE PURPOSE | $500 |
| TAIWANESE AMERICAN CITIZENS LEAGUE | |||||||
| 2443 FILLMORE STREET 380-9501 | SAN FRANSISO | CA | 94115 | NONE | PC | CHARITABLE PURPOSE | $1,000 |
| DIAMOND BAR CHINESE-AMERICAN ASSOCIATION | |||||||
| 1142 S DIAMOND BAR BLVD 110 | DIAMOND BAR | CA | 91765 | NONE | PC | CHARITABLE PURPOSE | $500 |
| CHANG SEN XUE LONGEVITY ASSOCIATION USA | |||||||
| 807 E GARVEY AVENUE | MONTEREY PARK | CA | 91755 | NONE | PC | CHARITABLE PURPOSE | $500 |
| SPECIAL OLYMPICS SOUTHERN CALIFORNIA | |||||||
| 1600 FORBES WAY SUITE 200 | LONG BEACH | CA | 90810 | NONE | PC | CHARITABLE PURPOSE | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $118,200 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $52,348 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $29,274 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $670 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $191,292 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Gain | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,066 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $87,358 | ExclusionAmt |
| Related Or Exempt Function Incm | $191,292 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $278,650 | 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 (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Chang Family Trust | ||||||
| 1 | 1839 Vallecito Dr | Hacienda Heights | CA | 91745 | $216,767 | Yes (X) |
| Chang Family Trust | ||||||
| 2 | 1839 Vallecito Dr | Hacienda Heights | CA | 91745 | $30,529 | Yes (X) |
| Chang Family Trust | ||||||
| 3 | 1839 Vallecito Dr | Hacienda Heights | CA | 91745 | $111,477 | Yes (X) |
| Chang Family Trust | ||||||
| 4 | 1839 Vallecito Dr | Hacienda Heights | CA | 91745 | $127,319 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 13,994 SHARES PETROLEO BRASILEIRO (PBR) | $216,767 | 2023-10-24 |
| 2 | 58 SHARES UNITEDHEALTH GP INC (UNH) | $30,529 | 2023-10-24 |
| 3 | 646 SHARES OF APPLE INC (AAPL) | $111,477 | 2023-10-24 |
| 4 | 920 SHARES ALPHABET INC (GOOGL) | $127,319 | 2023-10-24 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal and Professional - Accounting Fee | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,500 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITIES INVESTMENTS | AT COST | $2,359,330 | $2,370,761 |
| MUTUAL FUND | AT COST | ||
| FIXED-RATE CAPITAL SECURITIES | AT COST | ||
| EXCHANGE-TRADED & CLOSED-END FUNDS | AT COST |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Investment Loss | $450 | $450 |
| Supplies | $300 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Investment Gain | $5,066 | $5,066 |
| Other Investment Income | $670 | $670 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Advisory Fee | CategoryTxt |
| Amt | $14,971 | Amt |
| Net Investment Income | $14,971 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNY CHANG AND CHUNG HWEI CHANG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2140 S HACIENDA BLVD STE A | AddressLine1Txt |
| City | HACIENDA HEIGHTS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91745 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Department of Justice | $100 | $100 | |
| Excise Tax | $3,402 | $3,402 | |
| Foreign Tax Paid | $628 | $628 | |
| Secretary of State | $20 | $20 |
Comments