RYS FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RYS FAMILY FOUNDATION (EIN 87-2639963)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-13
IRS object ID
202511339349101941
Schema version
2024v5.1
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)
Return2025-05-13T15:26:29-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN990877146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WALNUT TAX & ACCOUNTING SERVICESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118780 AMAR RD STE 106AddressLine1Txt
CityWalnutCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91789ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN872639963EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RYS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% RONG YANInCareOfNm
Business Name ControlRYSFBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line19485 MALER RDAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRONG YANPersonNm
Person TitleFOUNDERPersonTitleTxt
Phone3138507660PhoneNum
Signature2025-05-05SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEI WANGPreparerPersonNm
PTINP02532897PTIN
Phone6268298030PhoneNum
Preparation2025-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$407,634FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$3,796DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,796DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$95,474NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$389,584GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$95,474CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$51,563NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$99,270TotalRevAndExpnssAmt
Total Net Invst Incm$99,270TotalNetInvstIncmAmt
Total Adj Net Incm$51,563TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$360AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$360AccountingFeesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$7,435TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$153OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$153OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,948TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$360TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$153TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$29,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$29,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$36,948TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$360TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$29,153TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$62,322ExcessRevenueOverExpensesAmt
Net Investment Income$98,910NetInvestmentIncomeAmt
Adjusted Net Income$51,563AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,541CashBOYAmt
Cash EOY$22,698CashEOYAmt
Cash EOYFMV$22,698CashEOYFMVAmt
Sav And Temp Cash Invst BOY$118,139SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$384,936SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$384,936SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$223,632CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Total Assets BOY$345,312TotalAssetsBOYAmt
Total Assets EOY$407,634TotalAssetsEOYAmt
Total Assets EOYFMV$407,634TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$345,312NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$407,634NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$345,312TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$407,634TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$345,312TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$407,634TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$345,312TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$62,322ExcessRevenueOverExpensesAmt
Subtotal$407,634SubtotalAmt
Tot Net Ast Or Fund Balances EOY$407,634TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
TeslaP2024-01-302024-11-08$148,148$96,585$51,563$51,563
TeslaD2023-12-062024-11-06$136,781$119,685$17,096$17,096
TeslaD2023-12-062024-11-06$104,655$77,840$26,815$26,815
FieldValueIRS element (for citing)
Capital Gain Net Income$95,474CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$51,563NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,375InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,375SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,375TaxBasedOnInvestmentIncomeAmt
Tax Due$1,375TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksRONG YANIndividualWithBooksNm
Phone3138507660PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19485 MALER RDAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92129ZIPCd
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

FieldValueIRS element (for citing)
PersonRONG YANPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19485 MALER RDAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92129ZIPCd
FieldValueIRS element (for citing)
TitleFOUNDERTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$315,223AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,935AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$320,158TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$320,158AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,802CashDeemedCharitableAmt
Net Vl Noncharitable Assets$315,356NetVlNoncharitableAssetsAmt
Minimum Investment Return$15,768MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$15,768MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,375TaxBasedOnInvestmentIncomeAmt
Total Tax$1,375TotalTaxAmt
Distributable Before Adj$14,393DistributableBeforeAdjAmt
Distributable Before Ded$14,393DistributableBeforeDedAmt
Distributable As Adjusted$14,393DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$29,153ExpensesAndContributionsAmt
Qualifying Distributions$29,153QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,393DistributableAsAdjustedAmt
Undistributed Income PY$8,938UndistributedIncomePYAmt
Qualifying Distributions$29,153QualifyingDistributionsAmt
Applied To Year1$8,938AppliedToYear1Amt
Applied To Current Year$14,393AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,822RemainingDistriFromCorpusAmt
Total Corpus$5,822TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,822ExcessDistriCyovToNextYrAmt
Excess From Current Year$5,822ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRONG YANContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DMSEF
5333 Old Carmel Valley RdSan DiegoCA92130NAPCFOR GENERAL OPERATING SUPPORT$3,000
CRI Cancer Research Institute
29 Boradway Floor 4New YorkNY10006NAPCFOR GENERAL OPERATING SUPPORT$8,000
Pediatric Cancer Research Foundatio
2151 Michelson Dr Suite 180IrvineCA92612NAPCFOR GENERAL OPERATING SUPPORT$7,000
The Humane Society of the United St
1255 23rd street NW Suite450WashingtonDC20037NAPCFOR GENERAL OPERATING SUPPORT$6,000
San Diego Zoo Wildlife Alliance
2920 Zoo DrSan DiegoCA92101NAPCFOR GENERAL OPERATING SUPPORT$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$29,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,796ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$95,474ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$99,270ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$99,270TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX ACTCategoryTxt
Amt$360Amt
Net Investment Income$360NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockTESLA STOCKStockNm
EOY Book Value$0EOYBookValueAmt
EOYFMV$0EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MEALS$48$0$0$48
BANK SERVICE$30$0$0$30
FILING FEES$75$0$0$75

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonRONG YANPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19485 MALER RDAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92129ZIPCd

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