CHU FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHU FAMILY FOUNDATION (EIN 81-0894741)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202433199349105188
- 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 Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T15:59:56-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132620561 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNICK GARBER & SANDLER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 MADISON AVENUE 16TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | 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 | 810894741 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHU FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHUF | BusinessNameControlTxt |
| Phone | 2125573900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO CGS 555 MADISON AVE 16TH FLOO | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARTHUR P CHU | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2125573900 | PhoneNum |
| Signature | 2024-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE ROSENBERG | PreparerPersonNm |
| PTIN | P01346138 | PTIN |
| Phone | 2125573900 | PhoneNum |
| Preparation | 2024-11-12 | PreparationDt |
| 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 | $34,794,176 | 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 | $2,469,199 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $6,385 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,385 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $599,086 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $599,086 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $640,028 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $681,368 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $640,028 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,392,196 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,392,196 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,106,894 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,637,695 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $37,456 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $37,456 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,729 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $29,729 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $345,788 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $345,038 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $432,223 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $412,223 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,668,525 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,668,525 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,100,748 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $412,223 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,668,525 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,006,146 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,225,472 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $331,536 | CashBOYAmt |
| Cash EOY | $227,649 | CashEOYAmt |
| Cash EOYFMV | $227,649 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $632,081 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,577,626 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,577,626 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,251,652 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,256,590 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,752,690 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $16,509,113 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,935,736 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $22,236,211 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,820 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $19,724,382 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,008,421 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $34,794,176 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $19,724,382 | RetainedEarningBOYAmt |
| Retained Earning EOY | $22,008,421 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $19,724,382 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,008,421 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $19,724,382 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,008,421 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $19,724,382 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,006,146 | ExcessRevenueOverExpensesAmt |
| Other Increases | $277,893 | OtherIncreasesAmt |
| Subtotal | $22,008,421 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,008,421 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| SHORT TERM CAPITAL GAINS FROM K-1S | P | 2023-01-01 | 2023-12-31 | $154,797 | $154,797 | $154,797 | |
| LONG TERM CAPITAL GAINS FROM K-1S | P | 2022-01-01 | 2023-12-31 | $353,722 | $353,722 | $353,722 | |
| MERRILL LYNCH - 63A11 | P | 2010-05-06 | 2023-05-01 | $141,751 | $100,501 | $100,501 | $41,250 |
| FIDELITY INVESTMENTS | P | 2014-01-29 | 2023-12-31 | $31,098 | $31,008 | $31,008 | $90 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $640,028 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,934 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,934 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,934 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,189 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,189 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $6,745 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNICK GARBER & SANDLER LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125573900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 MADISON AVENUE 16TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ARTHUR P CHU | ||||||||
| 1 WEST 72ND STREET APT 67 | NEW YORK | NY | 10023 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JARIYA WANAPUN | ||||||||
| 1 WEST 72ND STREET APT 67 | NEW YORK | NY | 10023 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $30,919,393 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,048,206 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,967,599 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,967,599 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $479,514 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $31,488,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,574,404 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,574,404 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,934 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,934 | TotalTaxAmt |
| Distributable Before Adj | $1,543,470 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,543,470 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,543,470 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,668,525 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,668,525 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,543,470 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $468,300 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $538,104 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,440,640 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $1,225,972 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,673,016 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,668,525 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,543,470 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,125,055 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,798,071 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $468,300 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,329,771 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $538,104 | ExcessFromYear4Amt |
| Excess From Year3 | $1,440,640 | ExcessFromYear3Amt |
| Excess From Year1 | $1,225,972 | ExcessFromYear1Amt |
| Excess From Current Year | $1,125,055 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ARTHUR P CHU | ContributingManagerNm |
| Contributing Manager | JARIYA WANAPUN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HARVARD COLLEGE | ||||||||||||
| 86 BRATTLE STREET | CAMBRIDGE | MA | 02138 | NONE | PUBLIC CHARITY | TO EDUCATE THE CITIZENS AND CITIZEN-LEADERS FOR OUR SOCIETY. | $1,933,973 | |||||
| MUSEUM OF CHINESE IN AMERICA | ||||||||||||
| 215 CENTRE STREET | NEW YORK | NY | 10013 | NONE | PUBLIC CHARITY | TO TELLING THE UNTOLD STORIES OF THE MAKING OF AMERICA THROUGH THE LENS OF THE CHINESE AMERICAN EXPERIENCE. | $208,810 | |||||
| PARTNERS IN HEALTH | ||||||||||||
| 800 BOYLSTON STREET SUITE 300 | BOSTON | MA | 02199 | NONE | PUBLIC CHARITY | TO PROVIDE A PREFERENTIAL OPTION FOR THE POOR IN HEALTH CARE. | $408,750 | |||||
| UNIVERSITY OF ILLINOIS FOUNDATION | ||||||||||||
| 1305 WEST GREEN STREET | URBANA | IL | 61801 | NONE | PUBLIC CHARITY | TO BUILD UPON ITS RICH HISTORY OF EXCELLENCE IN TEACHING, RESEARCH, PUBLIC SERVICE AND ECONOMIC DEVT | $25,000 | |||||
| UNIVERSITY OF TORONTO | ||||||||||||
| NONE | PUBLIC CHARITY | TO BUILD STRONG PARTNERSHIPS IN AND OUTSIDE THE UNIVERSITY TO ATTRACT WORLD CLASS FACULTY AND STAFF WHO CONTRIBUTE TO THE EXCELLENCE THAT DEFINES THIS INSTITUTION | $91,992 | 12 QUEENS PARK CRESCENT WEST | TORONTO | ONTARIO | CA | M5S 1S8 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,668,525 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,385 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $599,086 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,392,196 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $640,028 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,637,695 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,637,695 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ARTHUR CHU | |||||||
| 1 | 1 W 72ND ST APT 67 | NEW YORK | NY | 10023 | $1,232,574 | Yes (X) | Yes (X) |
| ARTHUR CHU | |||||||
| 2 | 1 W 72ND ST APT 67 | NEW YORK | NY | 10023 | $1,221,375 | Yes (X) | Yes (X) |
| ARTHUR CHU | |||||||
| 3 | 1 W 72ND ST APT 67 | NEW YORK | NY | 10023 | $15,250 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 56,631 SHARES MP MATERIALS | $1,232,574 | 2023-05-19 |
| 2 | 75,000 SHARES MP MATERIALS | $1,221,375 | 2023-12-07 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $15,250 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MERRILL LYNCH - 22X - 63A11 | $467,803 | $1,346,269 |
| FIDELITY - Z40-057719 | $1,051,998 | $5,872,139 |
| MERRILL LYNCH - 7ZB - 32281 | $736,789 | $2,534,282 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SAFAR PARTNERS FUND, L.P. | AT COST | $115,361 | $167,633 |
| FOURTH AVENUE FF OPPORTUNITIES LP SERIES T | AT COST | $178,641 | $178,643 |
| QVT SLV OFFSHORE LTD. | AT COST | $569,721 | $747,325 |
| QVT FAMILY OFFICE OFFSHORE LP | AT COST | $5,950,818 | $8,635,105 |
| ALMITAS OPPORTUNITY | AT COST | $2,047,006 | $2,468,032 |
| ALMITAS TACTICAL | AT COST | $1,092,728 | $1,359,266 |
| HG VORA SPECIAL | AT COST | $1,231,855 | $1,336,991 |
| RENAISSANCE INSTITUTIONAL EQUITIES FUND LLC | AT COST | $2,611,213 | $3,805,063 |
| HG VORA OPPORTUNISTIC | AT COST | $1,225,107 | $1,559,356 |
| FOURTH AVENUE FF OPPORTUNITIES LP SERIES Y | AT COST | $171,220 | $163,373 |
| FOURTH AVENUE FF OPPORTUNITIES LP SERIES W | AT COST | $124,759 | $197,115 |
| LUGARD ROAD | AT COST | $250,000 | $185,221 |
| QVT FOURTH AVENUE | AT COST | $243,167 | $78,579 |
| MORGAN STANLEY - ASHBRIDGE | AT COST | $3,240 | $3,240 |
| ASHBRIDGE TRANSFORMATIONAL SECONDARIES | AT COST | $175,976 | $220,862 |
| QENA CAPITAL PARTNERS OFFSHORE LTD | AT COST | $167,205 | $283,269 |
| WHITLOW PARTNERS OFFSHORE SPC | AT COST | $153,650 | $159,989 |
| FOURTH AVENUE FF OPPORTUNITIES LP SERIES P | AT COST | $168,149 | $140,045 |
| QVT FINANCIAL INVESTMENT | AT COST | $379,208 | $466,203 |
| MS VALOR EQUITY PARTNERS VI-B | AT COST | $76,712 | $80,901 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDENDS RECEIVABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $10,820 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $750 | $0 | $0 |
| BANK CHARGES | $80 | $80 | $0 |
| LOSSES AND DEDUCTIONS FROM PARTNERSHIPS | $344,958 | $344,958 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PFIC HG VORA OPPORTUNISTIC I (CAYMAN) | $57,357 | $57,357 | $57,357 |
| PFIC HG VORA OPPORTUNISTIC II (CAYMAN) | $97,263 | $97,263 | $97,263 |
| PFIC QVT FAMILY OFFICE OFFSHORE | $1,237,576 | $1,237,576 | $1,237,576 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OF FAIR MARKET VALUE OVER COST OF CONTRIBUTED STOCK | $97,585 |
| BOOK / TAX ADJUSTMENT | $180,308 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARTHUR P CHU JARIYA WANAPUN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 WEST 72ND STREET APT 67 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $29,729 | $29,729 | $0 |
| FEDERAL EXCISE TAX | $4,000 | $0 | $0 |
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