BETA

T&H FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
T&H FOUNDATION (EIN 46-4274107)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-03-30
IRS object ID
202320899349100007
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)
Return2023-03-30T17:58:01-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN465554326PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KIM & JANG CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13044 OLD DENTON RD STE 300AddressLine1Txt
CityCARROLLTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP750075017ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464274107EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1T & H FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlT&HFBusinessNameControlTxt
Phone9722418131PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12035 ROYAL LANE STE 283AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonODES H KIMPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9722418131PhoneNum
Signature2023-03-30SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstODESPersonFirstNm
Person LastKIMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYOUNG G KIM CPAPreparerPersonNm
PTINP01755040PTIN
Phone9722421177PhoneNum
Preparation2023-03-30PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,970,820FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$300,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,355InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,355InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,355InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$94,681NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,258,724GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$94,681CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$76,997NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$32,770OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$32,770OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$32,770OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$428,806TotalRevAndExpnssAmt
Total Net Invst Incm$128,806TotalNetInvstIncmAmt
Total Adj Net Incm$111,122TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,100AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$236TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$40OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,376TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$121,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$121,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$123,776TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$121,400TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$305,030ExcessRevenueOverExpensesAmt
Net Investment Income$128,806NetInvestmentIncomeAmt
Adjusted Net Income$111,122AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$380,415CashBOYAmt
Cash EOY$356,639CashEOYAmt
Cash EOYFMV$356,639CashEOYFMVAmt
Sav And Temp Cash Invst BOY$302,609SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$502,888SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$502,888SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$982,766OtherInvestmentsBOYAmt
Other Investments EOY$1,111,293OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,111,293OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,665,790TotalAssetsBOYAmt
Total Assets EOY$1,970,820TotalAssetsEOYAmt
Total Assets EOYFMV$1,970,820TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,665,790NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,970,820NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,665,790TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,970,820TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,665,790TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,970,820TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,665,790TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$305,030ExcessRevenueOverExpensesAmt
Subtotal$1,970,820SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,970,820TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtAcquiredAcquiredDt
PROSHARE TRUST II VIX SHORT TERM ETFP2022-06-13$494,489$417,500$76,989$76,989
PROSHARE TRUST II VIX SHORT TERM ETFP2022-08-30$299,991$299,983$8$82022-07-25
PROSHARE TRUST II VIX SHORT TERM ETFP2022-04-25$464,244$446,560$17,684$17,684
FieldValueIRS element (for citing)
Capital Gain Net Income$94,681CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$76,997NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,790InvestmentIncomeExciseTaxAmt
Subtotal$1,790SubtotalAmt
Tax Based On Investment Income$1,790TaxBasedOnInvestmentIncomeAmt
Tax Due$1,790TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHONG ANN KIMIndividualWithBooksNm
Phone9722418131PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12035 ROYAL LN STE 283AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
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
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ODES H KIM
2013 S COTTONWOOD VALLEY CIRIRVINGTX75038PRESIDENT000.00$0$0$0
CHONG A KIM
2013 S COTTONWOOD VALLEY CIRIRVINGTX75038SECRETARY000.00$0$0$0
JINSOP PARK
1708 COYOTE RIDGECARROLLTONTX75010TREASURER000.00$0$0$0
HANNA KIM
2013 S COTTONWOOD VALLEY CIRIRVINGTX75038VICE PRESIDE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATIONS WERE MADE TO (1)MISSIONS ORGANIZATIONS, (2)LOCAL COMMUNITY CENTER AND (3)CHURCHES WITH (7) BENEFICIARIES TO HELP FURTHER THEIR EDUCATION ENDEAVOR AND TO SERVE CHURCH'S ETHNIC CONGREGATIONS.Description1Txt
Expenses1$121,400Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1TD AMERITRADEDescription1Txt
Expenses1$1,111,293Expenses1Amt
Total$1,111,293TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1,790TaxBasedOnInvestmentIncomeAmt
Total Tax$1,790TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$121,400ExpensesAndContributionsAmt
Program Related Invst Total$1,111,293ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,232,693QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$994,806ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,894,806ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,007,506ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,548,954ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,069,766ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,515,838TotalExcessDistributionCyovAmt
Qualifying Distributions$1,232,693QualifyingDistributionsAmt
Remaining Distri From Corpus$1,232,693RemainingDistriFromCorpusAmt
Total Corpus$9,748,531TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$994,806ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$8,753,725ExcessDistriCyovToNextYrAmt
Excess From Year4$1,894,806ExcessFromYear4Amt
Excess From Year3$2,007,506ExcessFromYear3Amt
Excess From Year2$1,548,954ExcessFromYear2Amt
Excess From Year1$2,069,766ExcessFromYear1Amt
Excess From Current Year$1,232,693ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCHONG ANN KIMRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line111363 DENTON DR STE 100AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9722418131RecipientPhoneNum
Form And Info And MaterialsRESUME, FAMILY PROFILE, PICTURE AND PERSONAL INFORMATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsFOR THE BENEFIT OF CHILDREN, EDUCATION AND CHRISTIAN MISSIONS WORK.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
NL & F MISSION
2921 MUIRFIELD DRLEWISVILLETX75067CHARITY$1,500
NEW SONG CHURCH
4220 FAIRWAY DRCARROLLTONTX75010CHARITY$2,000
AGAPE MANNA INC
1735 WITTINGTON PLACEDALLASTX75234CHARITY$5,000STE 3307
YWAM TYLER
PO BOX 3000GARDEN VALLEYTX75771CHARITY$92,400
MESSENGERS OF MERCY
22392 FM 16WEST LINDALETX75771CHARITY$7,000
CMF MINISTRIES
13459-1/2 PUMICE STNORWALKCA90650CHARITY$1,500
FIRST KOREAN BAPTIST CHURCH
225 KELLER PKWYKELLERTX76248CHARITY$10,000
PLEASANT VALLEY METHODIST CHURCH
43987 JOHN MOSBY HWYCHANTILLYVA20152CHARITY$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$121,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,355RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$32,770RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$94,681RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$128,806RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$128,806TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonTHE KIM FAMILY PARTNERSHIP LTDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12035 ROYAL LN STE 285AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
FieldValueIRS element (for citing)
Total Contributions$300,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$2,100Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
TD AMERITRADEAT COST$1,111,293$1,111,293
PROSHARES VIX SHORT-TERM ETF

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK CHARGES$40

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescCONTRACT & STRADDLESDesc
Revenue And Expenses Per Books$32,770RevenueAndExpensesPerBooksAmt
Net Investment Income$32,770NetInvestmentIncomeAmt
Adjusted Net Income$32,770AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT INCOME TAXCategoryTxt
Amt$236Amt

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