HC FUND: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HC FUND (EIN 82-2579708)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-28
IRS object ID
202321189349100512
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)
Return2023-04-28T08:44:25-00:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822579708EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HC FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHCFUBusinessNameControlTxt
Phone4159351830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm
Person TitlePresidentPersonTitleTxt
Phone4159351830PhoneNum
Signature2023-04-28SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHemanPersonFirstNm
Person LastChowPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
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$275,218FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,600ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$68InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$68InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$4,759DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,759DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$26,449NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$12,022TotalRevAndExpnssAmt
Total Net Invst Incm$4,827TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$44AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$2,570TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$900OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,514TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,580ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,580ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$17,094TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$13,580TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,116ExcessRevenueOverExpensesAmt
Net Investment Income$4,827NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$219SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,126SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,126SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$938,531OtherInvestmentsBOYAmt
Other Investments EOY$906,840OtherInvestmentsEOYAmt
Other Investments EOYFMV$273,092OtherInvestmentsEOYFMVAmt
Total Assets BOY$938,750TotalAssetsBOYAmt
Total Assets EOY$908,966TotalAssetsEOYAmt
Total Assets EOYFMV$275,218TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,318AccountsPayableBOYAmt
Accounts Payable EOY$650AccountsPayableEOYAmt
Total Liabilities BOY$1,318TotalLiabilitiesBOYAmt
Total Liabilities EOY$650TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$937,432NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$908,316NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$937,432TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$908,316TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$938,750TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$908,966TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$937,432TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,116ExcessRevenueOverExpensesAmt
Subtotal$908,316SubtotalAmt
Tot Net Ast Or Fund Balances EOY$908,316TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyHC Domestic Fund LP K-1PropertyDesc
How AcquiredDHowAcquiredCd
Gain Or Loss-$26,449GainOrLossAmt
Gains Minus Excess Or Losses-$26,449GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$26,449CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$67InvestmentIncomeExciseTaxAmt
Subtotal$67SubtotalAmt
Tax Based On Investment Income$67TaxBasedOnInvestmentIncomeAmt
Tax Due$67TaxDueAmt

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
Website AddressN/AWebsiteAddressTxt
Individual With BooksHeman ChowIndividualWithBooksNm
Phone4159351830PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
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
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Heman Chow
1301 Clay St No 72053OaklandCA94612President003.00$0
Nancy Chow
1301 Clay St No 72053OaklandCA94612Secretary Treasurer002.00$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)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$410,539AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,860AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$413,399TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$413,399AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,201CashDeemedCharitableAmt
Net Vl Noncharitable Assets$407,198NetVlNoncharitableAssetsAmt
Minimum Investment Return$20,360MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$20,360MinimumInvestmentReturnAmt
Tax Based On Investment Income$67TaxBasedOnInvestmentIncomeAmt
Total Tax$67TotalTaxAmt
Distributable Before Adj$20,293DistributableBeforeAdjAmt
Distributable Before Ded$20,293DistributableBeforeDedAmt
Distributable As Adjusted$20,293DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,580ExpensesAndContributionsAmt
Qualifying Distributions$13,580QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,293DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$3,920ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,766ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$7,539ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,056ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$17,281TotalExcessDistributionCyovAmt
Qualifying Distributions$13,580QualifyingDistributionsAmt
Applied To Current Year$13,580AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$6,713ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$6,713ExcessDistributionCyovAppCYAmt
Total Corpus$10,568TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$10,568ExcessDistriCyovToNextYrAmt
Excess From Year3$1,973ExcessFromYear3Amt
Excess From Year2$7,539ExcessFromYear2Amt
Excess From Year1$1,056ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerHeman ChowContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Chinese Independent Baptist Church of Oakland
280 8th StOaklandCA94607PCGeneral Purpose$10,750
Columbia University
615 W 131st StNew YorkNY10027PCGeneral Purpose$1,000
Agape Your Neighbor
PO Box 580874Elk GroveCA95758PCGeneral Purpose$1,000
Bible Study Fellowship
19001 Huebner RdSan AntonioTX78258PCGeneral Purpose$500
First Baptist Church Of Castro Valley
18550 Redwood RdCastro ValleyCA94546PCGeneral Purpose$250
Samaritan Purse
PO Box 3000BooneNC28607PCGeneral Purpose$80
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,580TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$68ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,759ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$26,449ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOther partnership portfolio incomeDesc
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$21,622ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$21,622TotalIncomeProducingActyAmt

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 PersonHC Domestic Fund LPContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
FieldValueIRS element (for citing)
Total Contributions$9,600TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTax SofwareCategoryTxt
Amt$44Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemHC Domestic Fund LPCategoryOrItemTxt
Book Value$906,840BookValueAmt
EOYFMV$273,092EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
CA RRF-1 Fee$100
Other Expenses$800

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonHeman ChowPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 Clay St No 72053AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTax for IRS Form 990-PFCategoryTxt
Amt$2,570Amt

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