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ANNA CAROLINA AND SOO KIM FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ANNA CAROLINA AND SOO KIM FOUNDATION (EIN 45-3934546)
Tax period
2022-01-01 to 2022-12-31
Filed
2024-11-19
IRS object ID
202443249349100019
Schema version
2022v5.0
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)
Return2024-11-19T11:20:35-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBiz Advisors LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 MELVILLE PARK RDAddressLine1Txt
CityMELVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11747ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453934546EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANNA CAROLINA AND SOO KIM FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SOOHYUNG KIMInCareOfNm
Business Name ControlANNABusinessNameControlTxt
Phone2126109175PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 BOCKEE LANEAddressLine1Txt
CityAMENIACityNm
State AbbreviationNYStateAbbreviationCd
ZIP12501ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSOOHYUNG KIMPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2126109175PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEITH M BLITZERPreparerPersonNm
PTINP00140773PTIN
Phone6314144000PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$745,761FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$7,926DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,926DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$154,766NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$154,766GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$154,766CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$162,692TotalRevAndExpnssAmt
Total Net Invst Incm$162,692TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Interest Rev And Expnss$1InterestRevAndExpnssAmt
Interest Net Invst Incm$1InterestNetInvstIncmAmt
Taxes Rev And Expnss$4,004TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,050TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$11,627OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$11,377OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$250OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,632TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,428TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$250TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$127,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$127,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$142,832TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,428TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$127,450TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$19,860ExcessRevenueOverExpensesAmt
Net Investment Income$150,264NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$146,600CashBOYAmt
Cash EOY$16,196CashEOYAmt
Cash EOYFMV$16,196CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,104SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$11,361SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$11,361SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,741OtherInvestmentsBOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Other Assets BOY$913,436OtherAssetsBOYAmt
Other Assets EOY$759,795OtherAssetsEOYAmt
Other Assets EOYFMV$718,204OtherAssetsEOYFMVAmt
Total Assets BOY$1,063,881TotalAssetsBOYAmt
Total Assets EOY$787,352TotalAssetsEOYAmt
Total Assets EOYFMV$745,761TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,063,881CapitalStockBOYAmt
Capital Stock EOY$787,352CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$1,063,881TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$787,352TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,063,881TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$787,352TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,063,881TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$19,860ExcessRevenueOverExpensesAmt
Subtotal$1,083,741SubtotalAmt
Other Decreases$296,389OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$787,352TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PASS THRU K-1: ST CAPITAL GAINSP$22,835$22,835$22,835
PASS THRU K-1: LT CAPITAL GAINSP$121,869$121,869$121,869
PASS THRU SECTION 1256- ST$4,025$4,025$4,025
PASS THRU SECTION 1256- LT$6,037$6,037$6,037
FieldValueIRS element (for citing)
Capital Gain Net Income$154,766CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,089InvestmentIncomeExciseTaxAmt
Subtotal$2,089SubtotalAmt
Tax Based On Investment Income$2,089TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$3,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$3,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$3EsPenaltyAmt
Overpayment$908OverpaymentAmt
Applied To ES Tax$908AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SOOHYUNG KIMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126109175PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line129 BOCKEE LANEAddressLine1Txt
CityAMENIACityNm
State AbbreviationNYStateAbbreviationCd
ZIP12501ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SOOHYUNG KIM
29 BOCKEE LANEAMENIANY12501president4.0$0$0$0
ANNA CAROLINA GUNNARSSON
29 BOCKEE LANEAMENIANY12501SEC & TREASURER2.0$0$0$0
YUNCHUNG MONICA KIM FELDERHOF
29 BOCKEE LANEAMENIANY12501VICE-PRESIDENT4.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$83,525AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$738,824FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$822,349TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$822,349AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,335CashDeemedCharitableAmt
Net Vl Noncharitable Assets$810,014NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,501MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,501MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,089TaxBasedOnInvestmentIncomeAmt
Total Tax$2,089TotalTaxAmt
Distributable Before Adj$38,412DistributableBeforeAdjAmt
Distributable Before Ded$38,412DistributableBeforeDedAmt
Distributable As Adjusted$38,412DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$127,450ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$127,450QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$38,412DistributableAsAdjustedAmt
Prior Year12020PriorYear1Yr
Prior Year22019PriorYear2Yr
Prior Year32018PriorYear3Yr
Excess Distribution Cyov Yr5$195,894ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$141,347ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$116,632ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$150,433ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$321,915ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$926,221TotalExcessDistributionCyovAmt
Qualifying Distributions$127,450QualifyingDistributionsAmt
Applied To Current Year$38,412AppliedToCurrentYearAmt
Remaining Distri From Corpus$89,038RemainingDistriFromCorpusAmt
Total Corpus$1,015,259TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$195,894ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$819,365ExcessDistriCyovToNextYrAmt
Excess From Year4$141,347ExcessFromYear4Amt
Excess From Year3$116,632ExcessFromYear3Amt
Excess From Year2$150,433ExcessFromYear2Amt
Excess From Year1$321,915ExcessFromYear1Amt
Excess From Current Year$89,038ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE STATEMENT ABusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line129 BOCKEE LNAddressLine1Txt
CityAMENIACityNm
State AbbreviationNYStateAbbreviationCd
ZIP125015005ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeSEE ATTACHEDGrantOrContributionPurposeTxt
Amt$127,200Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$127,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,926ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$154,766ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$162,692ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$162,692TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or Item2,373 SHARES JXGSXCategoryOrItemTxt
Book Value$0BookValueAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN HOLBROOK ADVANTGDesc
BOY Book Value$913,436BOYBookValueAmt
EOY Book Value$759,795EOYBookValueAmt
EOYFMV$718,204EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENT TO RECONCILE HOLBROOK ADVDesc
Amt$296,389Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
NYS FILING FEES$250$250
PASS THRU: PORTFOLIO DED$11,377$11,377

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAXES$2,954
FOREIGN WITHHOLDING TAXES$1,050$1,050

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