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CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC (EIN 98-0477422)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-13
IRS object ID
202403189349303330
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T10:32:16-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN992277914PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EAG NEW ENGLAND LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1160 FEDERAL STREET 9TH FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN980477422EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHINESE UNIVERSITY OF HONG KONGBusinessNameLine1Txt
Business Name Line2FOUNDATION INC C/O GMA FOUNDATIONSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHINBusinessNameControlTxt
Phone6174267080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 LIBERTY SQUARE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSALOME YP LAMPersonNm
Person TitleCLERKPersonTitleTxt
Phone6174267080PhoneNum
Signature2024-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEUGENE BORGONZIPreparerPersonNm
PTINP01269879PTIN
Phone6172276161PhoneNum
Preparation2024-11-04PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROCKY S TUANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 LIBERTY SQUARE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$635,072GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$647,016PYContributionsGrantsAmt
CY Contributions Grants$634,990CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$2,530PYInvestmentIncomeAmt
CY Investment Income$82CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$644,486PYTotalRevenueAmt
CY Total Revenue$635,072CYTotalRevenueAmt
PY Grants And Similar Paid$644,381PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$554,667CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$32,443PYOtherExpensesAmt
CY Other Expenses$36,348CYOtherExpensesAmt
PY Total Expenses$676,824PYTotalExpensesAmt
CY Total Expenses$591,015CYTotalExpensesAmt
PY Revenues Less Expenses-$32,338PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$44,057CYRevenuesLessExpensesAmt
Total Assets BOY$468,773TotalAssetsBOYAmt
Total Assets EOY$490,828TotalAssetsEOYAmt
Total Liabilities BOY$410,789TotalLiabilitiesBOYAmt
Total Liabilities EOY$388,787TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$57,984NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$102,041NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$554,667ExpenseAmt
Grant$554,667GrantAmt
Revenue$0RevenueAmt
DescTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.Desc
Total Program Service Expenses$554,667TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GMA FOUNDATIONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174267080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 LIBERTY SQUARE SUITE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SHING-TUNG YAU
DIRECTOR0.02Yes (X)$0$0$0
CHIEN LEE PRESIDENT
/DIRECTOR(RESIGNED 11/9/23)0.02Yes (X)$0$0$0Yes (X)
ROCKY S TUANTREAS TIL 11923
PRES(AT 11/9/23)/DIRECTOR0.02Yes (X)$0$0$0Yes (X)
ALAN KL CHANTREAS AT 11923
/DIRECTOR0.02Yes (X)$0$0$0Yes (X)
SALOME YP LAM
CLERK0.20$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$634,990AllOtherContributionsAmt
Total Contributions$634,990TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$82TotalRevenueColumnAmt
Exclusion$82ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$635,072TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$82ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$554,667TotalAmt
Program Services$554,667ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$29,097TotalAmt
Management And General$29,097ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$905TotalAmt
Management And General$905ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,171TotalAmt
Management And General$5,171ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescFILING FEESDesc
Total$1,175TotalAmt
Management And General$1,175ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$591,015TotalAmt
Program Services$554,667ProgramServicesAmt
Management And General$36,348ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$407,733BOYAmt
EOY$381,761EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,808BOYAmt
EOY$2,890EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$47,949EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,232BOYAmt
EOY$3,228EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$55,000BOYAmt
EOY$55,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$468,773BOYAmt
EOY$490,828EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,009BOYAmt
EOY$27,007EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$386,780BOYAmt
EOY$361,780EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$410,789BOYAmt
EOY$388,787EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$54,484BOYAmt
EOY$54,092EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,500BOYAmt
EOY$47,949EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$57,984BOYAmt
EOY$102,041EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$468,773BOYAmt
EOY$490,828EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$44,057ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$204,688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$204,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208,392CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$647,016CurrentTaxYearMinus1YearAmt
Current Tax Year$634,990CurrentTaxYearAmt
Total$1,899,509TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$204,688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$204,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208,392CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$647,016CurrentTaxYearMinus1YearAmt
Current Tax Year$634,990CurrentTaxYearAmt
Total$1,899,509TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$718,852SubstantialContributorsTotAmt
Public Support Total170$1,180,657PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$785CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$55CurrentTaxYearMinus1YearAmt
Current Tax Year$82CurrentTaxYearAmt
Total$930TotalAmt
FieldValueIRS element (for citing)
Total Support$1,900,439TotalSupportAmt
Public Support CY1700.62130PublicSupportCY170Pct
Public Support PY1700.58670PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$55,000AssetsIncludedAmt
FieldValueIRS element (for citing)
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescHANDSCROLL ENTITLED TRAVELS ON MIN RIVERDesc
Book Value$55,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$55,000TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$649,187TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$14,115DonatedServicesAndUseFcltsAmt
Revenue Not Reported$14,115RevenueNotReportedAmt
Revenue Subtotal$635,072RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$635,072TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$605,130TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$14,115DonatedServicesUseFcltsAmt
Expenses Not Reported$14,115ExpensesNotReportedAmt
Expenses Subtotal$591,015ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$591,015TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III, LINE 4:FormAndLineReferenceDesc
ExplanationWORKS OF ART ARE COMPRISED OF A HANDSCROLL ENTITLED TRAVELS ON MIN RIVER BY TSENG YUHO THAT WAS DONATED TO THE ORGANIZATION ON MAY 5, 2022. THE FAIR VALUE OF TRAVELS ON MIN RIVER WAS DERIVED FROM AN APPRAISAL. THE HANDSCROLL ENTITLED TRAVELS ON MIN RIVER WAS ACQUIRED IN MAY, 2022 AND IS ON LOAN TO THE UNIVERSITY AND IS TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MUSEUM FOR RESEARCH PURPOSES, PURSUANT TO A LOAN AGREEMENT DATED MAY 10, 2022 AND WHOSE TERM EXPIRES ON MAY 9, 2025.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC00GRANTMAKING TO THE CHINESE UNIVERSITY OF HONG KONGN/A$554,667
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,00FUNDRAISINGN/A
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$554,667SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$554,667TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEAST ASIA AND THE PACIFICRegionTxt
Purpose Of GrantSUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG.PurposeOfGrantTxt
Cash Grant$554,667CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE ORGANIZATION ACTS AS A "FRIENDS OF ORGANIZATION THAT SUPPORTS THE CHINESE UNIVERSITY OF HONG KONG, WHICH IS A FOREIGN UNIVERSITY.
PART I, LINE 3:THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH U.S. GAAP TO ACCOUNT FOR ITS EXPENDITURES.
PART II, LINE 1 ACCOUNTING METHOD:THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH U.S. GAAP TO ACCOUNT FOR ITS EXPENDITURES.
FORM 990, SCHEDULE F, PART IV, LINE 1THE ORGANIZATION WAS A U.S. TRANSFEROR OF PROPERTY TO A FOREIGN CORPORATION. THIS TRANSFER OF PROPERTY WAS A GRANT TO THE FOREIGN NON-PROFIT CORPORATION AND SINCE THE ORGANIZATION HAS NO OWNERSHIP INTEREST IN THE FOREIGN CORPORATION, THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION HAS ONLY 3 BOARD MEMBERS AT JUNE 30, 2024. THEREFORE THERE ARE NO SUCH COMMITTEES. ALL DECISIONS ARE MADE AT THE BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 11BWHEN EISNERAMPER, THE AUDITOR AND TAX PREPARER FOR THE FOUNDATION, HAS COMPLETED THE FORM 990, THE COMPLETED FORM WILL BE SENT TO GMA AND THE FOUNDATION'S CLERK TO CHECK THE ACCURACY OF THE FIGURES AND CORRECTNESS OF INFORMATION. THE CLERK WILL THEN DISTRIBUTE THE COMPLETED FORM TO THE PRESIDENT OF THE BOARD FOR REVIEW AND SIGNATURE ON BEHALF OF THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION HAS ADOPTED A POLICY ON CONFLICTS OF INTEREST SETTING FORTH STANDARDS OF CONDUCT EXPECTED BY THE DIRECTORS AND OFFICERS OF THE FOUNDATION. THE FOUNDATION ALSO DEFINES THE ACTIVITIES THAT MAY GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST AND REMINDS EACH AND EVERY DIRECTOR AND OFFICER ACCORDINGLY. EACH DIRECTOR OR OFFICER IS REQUESTED TO CONFIRM COMPLIANCE OF THIS POLICY BY SIGNING A STATEMENT ANNUALLY. THE BOARD OF DIRECTORS IS THE GOVERNING BODY TO ASSESS AND DECIDE IF A CONFLICT OF INTEREST EXISTS. SO FAR, THE BOARD HAS NOT DISCOVERED ANY TRANSACTIONS THAT GIVE RISE TO A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION.

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