CHUA FAMILY CHARITABLE FOUND-IN MEMORY CHUA KOAN & CHANG SU CHENG: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CHUA FAMILY CHARITABLE FOUND-IN MEMORY CHUA KOAN & CHANG SU CHENG (EIN 20-1961263)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-15
IRS object ID
202301359349102920
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)
Return2023-05-15T09:04:20-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN660855953PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Etrends GroupBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 490AddressLine1Txt
CityEnterpriseCityNm
State AbbreviationUTStateAbbreviationCd
ZIP847250490ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201961263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHUA FAMILY CHARITABLE FOUNDATION - IN MBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHUABusinessNameControlTxt
Phone6307301332PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 OAK BROOK HILLS RDAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWENDY YEHPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWENDYPersonFirstNm
Person LastCHUAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBenjamin R Smith CPAPreparerPersonNm
PTINP01352419PTIN
Phone8444550500PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$1,805,789FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$111,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$422InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$422InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$25,062DividendsRevAndExpnssAmt
Dividends Net Invst Incm$25,062DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$36,539NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$360,528GrossSalesPriceAmt
Total Rev And Expnss$99,945TotalRevAndExpnssAmt
Total Net Invst Incm$25,484TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$24,638OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$24,638OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$25,080TaxesRevAndExpnssAmt
Taxes Net Invst Incm$184TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$24,896TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$7,132OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$7,132OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$57,850TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$24,822TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$33,028TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$111,163ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$111,163ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$169,013TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$24,822TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$144,191TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$69,068ExcessRevenueOverExpensesAmt
Net Investment Income$662NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$159,259CashBOYAmt
Cash EOY$117,248CashEOYAmt
Cash EOYFMV$117,248CashEOYFMVAmt
Corporate Stock BOY$1,510,434CorporateStockBOYAmt
Corporate Stock EOY$1,588,541CorporateStockEOYAmt
Corporate Stock EOYFMV$1,588,541CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$275,000InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY$275,000LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$275,000LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$100,000LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$1,944,693TotalAssetsBOYAmt
Total Assets EOY$1,980,789TotalAssetsEOYAmt
Total Assets EOYFMV$1,805,789TotalAssetsEOYFMVAmt
Accounts Payable EOY$105,163AccountsPayableEOYAmt
Other Liabilities BOY$1OtherLiabilitiesBOYAmt
Other Liabilities EOY$2OtherLiabilitiesEOYAmt
Total Liabilities BOY$1TotalLiabilitiesBOYAmt
Total Liabilities EOY$105,165TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,944,692NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,875,624NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,944,692TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,875,624TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,944,693TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,980,789TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,944,692TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$69,068ExcessRevenueOverExpensesAmt
Subtotal$1,875,624SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,875,624TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
JP MORGAN SHORT TERM COVEREDP2022-01-022022-11-20$99,391$142,316-$42,925-$42,925
JP MORGAN LONG TERM COVEREDP2020-01-022022-11-22$261,137$254,751$6,386$6,386
FieldValueIRS element (for citing)
Capital Gain Net Income-$36,539CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$9InvestmentIncomeExciseTaxAmt
Subtotal$9SubtotalAmt
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Tax Due$9TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 StateILOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WENDY YEHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6307301332PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12900 OAK BROOK HILLSAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CHANELLE CHUA
2900 OAK BROOK HILLS RDOAK BROOKIL60523Director0.00$0
WENDY YEH
2900 OAK BROOK HILLS RDOAK BROOKIL60523President0.00$0
TIFFANY CHUA
1496 HUNTINGTON LNCLEVELANDOH44118Treasurer0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,878,812AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$156,568AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$100,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,135,380TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,135,380AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$32,031CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,103,349NetVlNoncharitableAssetsAmt
Minimum Investment Return$105,167MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$105,167MinimumInvestmentReturnAmt
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Total Tax$9TotalTaxAmt
Distributable Before Adj$105,158DistributableBeforeAdjAmt
Distributable Before Ded$105,158DistributableBeforeDedAmt
Distributable As Adjusted$105,158DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$144,191ExpensesAndContributionsAmt
Qualifying Distributions$144,191QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$105,158DistributableAsAdjustedAmt
Undistributed Income PY$109,892UndistributedIncomePYAmt
Qualifying Distributions$144,191QualifyingDistributionsAmt
Applied To Year1$109,892AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$34,299AppliedToCurrentYearAmt
Undistributed Income CY$70,859UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ST JUDES CHILDRENS RESEARCH
262 DANNY THOMAS PLACEMEMPHISTN38105CHILDRENS MEDICAL RESEARCH$1,500
SUSAN G KOMEN
13770 NOEL ROAD STE 801889DALLASTX75380RESEARCH AND GRANTS FOR BREAST CANCER$1,500
DOCTORS WITHOUT BORDERS
40 RECTOR STREETNEW YORKNY10006A GLOBAL MOVEMENT TO PROVIDE LIFESAVING CARE$1,500
AMERICAN RED CROSS OF GREATER CHICAGO
2200 W HARRISON STREETCHICAGOIL60612DISASTER RELIEF$1,500
ASGE
3300 WOODCREED DRIVEDOWNERS GROVEIL60515ADVANCING DIGESTIVE CARE THROUGH EDUCATION, ADVOCACY AND PROMOTION OF EXCELLENCE IN ENDOSCOPY$100,000
NATIONAL FOUNDATION FOR CANCER RESEARCH
5515 SECURITY LANEROCKVILLEMD20852TO FACILITATE CHANGING DISCOVERIES IN CANCER TREATMENTS$5,163
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$111,163TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$422ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25,062ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$36,539RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$25,484ExclusionAmt
Related Or Exempt Function Incm-$36,539RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$11,055TotalIncomeProducingActyAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
WENDY C YEH CHARITABLE LEAD ANNUITY
12900 OAK BROOK HILLSOAK BROOKIL60523$6,000Yes (X)
DAVID CHUA CHARITABLE LEAD ANNUITY
22900 OAK BROOK HILLSOAK BROOKIL60523$5,000Yes (X)
DAVID CHUA
32900 OAK BROOK HILLSOAK BROOKIL60523$100,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$1,000Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

FieldValueIRS element (for citing)
Category Or ItemLandCategoryOrItemTxt
Cost Or Other Basis$275,000CostOrOtherBasisAmt
Book Value$275,000BookValueAmt
EOYFMV$100,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK SERVICE FEES$180$180
CLEANING FEE$580$580
DUES & SUBSCRIPTIONS$149$149
INSURANCE$4,226$4,226
LICENSE & PERMITS$29$29
MEALS$160$160
OFFICE SUPPLIES$3$3
UTILITIES$1,805$1,805

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescRoundingDesc
BOY Book Value$1BOYBookValueAmt
EOY Book Value$2EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMANAGEMENT FEECategoryTxt
Amt$24,638Amt
Net Investment Income$24,638NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX$23,274$23,274
FOREIGN TAXES$184$184
OTHER TAX$1,622$1,622

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