BETA

CQ FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
CQ FOUNDATION (EIN 26-3878697)
Tax period
2021-12-01 to 2022-11-30
Filed
2023-09-07
IRS object ID
202332509349101003
Schema version
2021v4.1
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)
Return2023-09-07T11:47:48-07:00ReturnTs
Tax Period End2022-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN823463626PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHOU & CCH ACCOUNTANCY CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14677 OLD IRONSIDES DRIVE SUITE 300AddressLine1Txt
CitySANTA CLARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95054ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263878697EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CQ FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCQFOBusinessNameControlTxt
Phone4089216679PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11578 RIORDEN TERAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonZHENFANG CHENPersonNm
Person TitleCEOPersonTitleTxt
Signature2023-09-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstZHENFANGPersonFirstNm
Person LastCHENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHIN-SHIHJENNIFER CHOUPreparerPersonNm
PTINP00948658PTIN
Phone4085309988PhoneNum

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)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$439,630FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$502InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$502InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$502InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$18DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$780NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$286,855GrossSalesPriceAmt
Other Income Rev And Expnss$11,097OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$10,837TotalRevAndExpnssAmt
Total Net Invst Incm$520TotalNetInvstIncmAmt
Total Adj Net Incm$520TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$5,430AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$5,430AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$263TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$263TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,975OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$1,975OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,668TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$7,668TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$19,650ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$19,650ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$27,318TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$27,318TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$16,481ExcessRevenueOverExpensesAmt
Net Investment Income$520NetInvestmentIncomeAmt
Adjusted Net Income$520AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$47,676CashBOYAmt
Cash EOY$40,805CashEOYAmt
Cash EOYFMV$40,805CashEOYFMVAmt
Corporate Stock BOY$807,841CorporateStockBOYAmt
Corporate Stock EOY$398,824CorporateStockEOYAmt
Corporate Stock EOYFMV$398,824CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$41,185InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$41,185InvstLandAccumDepreciationAmt
Other Assets EOY$1OtherAssetsEOYAmt
Other Assets EOYFMV$1OtherAssetsEOYFMVAmt
Total Assets BOY$855,517TotalAssetsBOYAmt
Total Assets EOY$439,630TotalAssetsEOYAmt
Total Assets EOYFMV$439,630TotalAssetsEOYFMVAmt
Loans From Officers EOY$442LoansFromOfficersEOYAmt
Total Liabilities EOY$442TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$484,000CapitalStockBOYAmt
Capital Stock EOY$484,000CapitalStockEOYAmt
Retained Earning BOY$371,517RetainedEarningBOYAmt
Retained Earning EOY-$44,812RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$855,517TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$439,188TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$855,517TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$439,630TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$855,517TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$16,481ExcessRevenueOverExpensesAmt
Subtotal$839,036SubtotalAmt
Other Decreases$399,848OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$439,188TotNetAstOrFundBalancesEOYAmt

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
VARIOUS FIRST TRADEP2021-08-052021-12-08$266,599$279,004-$12,405-$12,405
200 MetaP2021-01-012022-11-09$20,256$8,631$11,625$11,625
FieldValueIRS element (for citing)
Capital Gain Net Income-$780CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$12,405NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7InvestmentIncomeExciseTaxAmt
Subtotal$7SubtotalAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Tax Due$7TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1ZHENFANG CHENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4089216679PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11578 RIORDEN TERAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ZHENFANG CHEN
1578 RIORDEN TERRACESUNNYVALECA94087CEO10.00$0
MENG QIN
1578 RIORDEN TERRACESUNNYVALECA94087CFO, SECRETARY6.00$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$603,116AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$42,299AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$645,415TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$645,415AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,681CashDeemedCharitableAmt
Net Vl Noncharitable Assets$635,734NetVlNoncharitableAssetsAmt
Minimum Investment Return$31,787MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$31,787MinimumInvestmentReturnAmt
Tax Based On Investment Income$7TaxBasedOnInvestmentIncomeAmt
Total Tax$7TotalTaxAmt
Distributable Before Adj$31,780DistributableBeforeAdjAmt
Distributable Before Ded$31,780DistributableBeforeDedAmt
Distributable As Adjusted$31,780DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$27,318ExpensesAndContributionsAmt
Set Aside Cash Distri Test$8,000SetAsideCashDistriTestAmt
Qualifying Distributions$35,318QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$31,780DistributableAsAdjustedAmt
Undistributed Income PY$34,863UndistributedIncomePYAmt
Qualifying Distributions$35,318QualifyingDistributionsAmt
Applied To Year1$34,863AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$455AppliedToCurrentYearAmt
Undistributed Income CY$31,325UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerZHENFANG CHENContributingManagerNm
Contributing ManagerMENG QINContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
UNIVERSITY OF CALIFORNIA BERKELEY
2080 ADDISON ST 4200BERKELEYCA94720UNRELATEDDONATION$6,000
BUDDHIST TZU CHI FOUNDATION
2355 OAKLAND ROADAN JOSECA95131UNRELATEDDONATION$600
The Home of Christ Church in Cupert
10340 Bubb RCupertinoCA95014UNRELATEDDONATION$500
HOMESTEAD HIGH SCHOOL PTSA
21370 HOMESTEAD ROADCUPERTINOCA95014UNRELATEDDONATION$500
CUPERTINO MIDDLE SCHOOL
1650 S BERNARDO AVESUNNYVALECA94087NOT RELATEDCHARITY PURPOSE$1,000PC
EPILEPSY FOUNDATON
8301 PROFESSIONAL PLACE WEST 230LANDOVERMD20785NOT RELATEDCHARITY PURPOSE$1,000PC
KQED
2601 Mariposa StreetSan FranciscoCA94110NOT RELATEDCHARITY PURPOSE$2,500PC
HARVARD UNIVERSITY
Massachusetts HallCambridgeMA02138UNRELATEDCHARITABLE CONTRIBUTION$4,000PC
irvine taiwanese presbyterian churc
24301 El Toro RdLaguna HillsCA92637UNRELATEDCHARITABLE CONTRIBUTION$550PC
SUNNYVALE PFF
PO Box 71001SunnyvaleCA94086NOT RELATEDCHARITABLE CONTRIBUTION$2,000PC
fremont union high school districtf
589 West Fremont AveSunnyvaleCA94087NOT RELATEDCHARITABLE CONTRIBUTION$1,000PC
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$19,650TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$502ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,097ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$780RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,617ExclusionAmt
Related Or Exempt Function Incm-$780RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,837TotalIncomeProducingActyAmt

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)
Amt$5,430Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,430DisbursementsCharitablePrpsAmt

Cash Distribution Expln Stmt CashDistributionExplnStmt

FieldValueIRS element (for citing)
ExplanationDURING THE FISCAL YEAR ENDED 11/30/2022, THE BOARD OF DIRECTORS APPROVED A SET-ASIDE IN THE AMOUNT OF $6,000. THE BOARD OF DIRECTORS ALSO APPROVED A MOTION THAT THE FUND SET-ASIDE WILL BE DISTURSED NO LATER THAN 11/30/2024.ExplanationTxt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$41,185CostOrOtherBasisAmt
Accumulated Depreciation$41,185AccumulatedDepreciationAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescROUNDINGDesc
EOY Book Value$1EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$186$186
FILING FEE$25$25
LICENSE & PERMIT$20$20
OFFICE EXPENSE$1,384$1,384
TELEPHONE$360$360

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$11,097RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

AmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
$116$116
$147$147

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