TAWA CHARITABLE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TAWA CHARITABLE FOUNDATION (EIN 71-1035371)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-18
IRS object ID
202332619349100518
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)
Return2023-09-18T17:02:22-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330247880PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1R C ACCOUNTANCY CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18861 KATELLA AVEAddressLine1Txt
CityANAHEIMCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92804ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN711035371EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TAWA CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTAWABusinessNameControlTxt
Phone7145218899PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16338 REGIO AVENUEAddressLine1Txt
CityBUENA PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90620ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALICE T CHENPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2023-09-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALICE TPersonFirstNm
Person LastCHENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonL ZHANG CPAPreparerPersonNm
PTINP03107620PTIN
Phone7149953700PhoneNum

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$1,666,688FMVAssetsEOYAmt
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$902InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$902InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$67,834DividendsRevAndExpnssAmt
Dividends Net Invst Incm$67,834DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$63,719NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,157,730GrossSalesPriceAmt
Other Income Rev And Expnss$15OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$5,032TotalRevAndExpnssAmt
Total Net Invst Incm$68,736TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,500AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$85TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$85TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$9,513OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$8,837OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$676OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$12,098TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,837TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,261TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$97,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$97,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$109,598TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,837TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$100,761TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$104,566ExcessRevenueOverExpensesAmt
Net Investment Income$59,899NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$117,413CashBOYAmt
Cash EOY$215,690CashEOYAmt
Cash EOYFMV$215,690CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,727,095SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,450,998SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,450,998SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$1,844,508TotalAssetsBOYAmt
Total Assets EOY$1,666,688TotalAssetsEOYAmt
Total Assets EOYFMV$1,666,688TotalAssetsEOYFMVAmt
Accounts Payable BOY$511AccountsPayableBOYAmt
Accounts Payable EOY$313AccountsPayableEOYAmt
Total Liabilities BOY$511TotalLiabilitiesBOYAmt
Total Liabilities EOY$313TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,843,997RetainedEarningBOYAmt
Retained Earning EOY$1,666,375RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,843,997TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,666,375TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,844,508TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,666,688TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,843,997TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$104,566ExcessRevenueOverExpensesAmt
Subtotal$1,739,431SubtotalAmt
Other Decreases$73,056OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,666,375TotNetAstOrFundBalancesEOYAmt

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
STOCK TRANSACTIONP2022-12-312022-12-31$749,117$794,319-$45,202-$45,202
STOCK TRANSACTIONP2022-12-312022-12-31$399,925$427,130-$27,205-$27,205
CAPITAL GAIN DISTRIBUTIONP$8,688$8,688$8,688
FieldValueIRS element (for citing)
Capital Gain Net Income-$63,719CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$63,719NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$833InvestmentIncomeExciseTaxAmt
Subtotal$833SubtotalAmt
Tax Based On Investment Income$833TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$520EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$520TotalPaymentsAndCreditsAmt
Tax Due$313TaxDueAmt
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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1ALICE CHENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7145218899PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16338 REGIO AVEAddressLine1Txt
CityBUENA PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90620ZIPCd
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
ALICE T CHEN
4841 E COPA DE ORO DRANAHEIMCA92807Treasurer1.00$0
NANCY CHEN RAY
255 HILLSIDE ROADSOUTH PASADENACA91030President1.00$0
JONSON I-NIEN CHEN
1019 12TH STHUNTINGTON BEACHCA92648Secretary1.00$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)
Description12022 TAWA SCHOLARSHIPDescription1Txt
Expenses1$9,000Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,635,391AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$150,353AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,785,744TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,785,744AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$26,786CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,758,958NetVlNoncharitableAssetsAmt
Minimum Investment Return$87,948MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$87,948MinimumInvestmentReturnAmt
Tax Based On Investment Income$833TaxBasedOnInvestmentIncomeAmt
Total Tax$833TotalTaxAmt
Distributable Before Adj$87,115DistributableBeforeAdjAmt
Distributable Before Ded$87,115DistributableBeforeDedAmt
Distributable As Adjusted$87,115DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$100,761ExpensesAndContributionsAmt
Qualifying Distributions$100,761QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$87,115DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$97,321ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$5,719ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$26,602ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$129,642TotalExcessDistributionCyovAmt
Qualifying Distributions$100,761QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$87,115AppliedToCurrentYearAmt
Remaining Distri From Corpus$13,646RemainingDistriFromCorpusAmt
Total Corpus$143,288TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$143,288ExcessDistriCyovToNextYrAmt
Excess From Year3$97,321ExcessFromYear3Amt
Excess From Year2$5,719ExcessFromYear2Amt
Excess From Year1$26,602ExcessFromYear1Amt
Excess From Current Year$13,646ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TZU CHI FOUNDATION
1100 S VALLEY CENTER AVESAN DIMASCA91773PCCHARITABLE$5,000
2022 TAWA SCHOLARSHIP
6338 REGIO AVENUEBUENA PARKCA90620ICHARITABLE$9,000
ASIAN YOUTH CENTER
100 W CLARY AVESAN GABRIELCA91776PCCHARITABLE$10,000
CITY OF HOPE
1500 EAST DUARTE ROADDUARTECA91010PCCHARITABLE$10,000
CHOC CHILDREN'S FOUNDATION
1201 WEST LA VETA AVENUEORANGECA92868PCCHARITABLE$10,000
OC PROFESSIONAL FIREFIGHTERS EVENT
14252 CULVER DRIVE A144IRVINECA92604PCCHARITABLE$2,000
AMERICAN RED CROSS
600 PARKCENTER DRIVESANTA ANACA92705PCCHARITABLE$10,000
BUENA PARK POLICE ASSOCIATION
PO BOX 6234BUENA PARKCA90622PCCHARITABLE$2,500
FOSTER NATIONAL
11150 CA-2Los AngelesCA90025PCCHARITABLE$10,000
FEEDING AMERICA
2950 - B 2950 Jefferson St STE BRiversideCA92504PCCHARITABLE$20,000
CAA
17 Walter U Lum PlSan FranciscoCA94108PCCHARITABLE$9,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$97,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$902ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$67,834ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$63,719RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescBANK REFUNDDesc
Related Or Exempt Function Incm$15RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$68,736ExclusionAmt
Related Or Exempt Function Incm-$63,704RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,032TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEECategoryTxt
Amt$2,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,500DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
PENALTY$6
2022 EXCISE TAX$833

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$676$676
INVESTMENT FEE$8,837$8,837

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescBANK REFUNDDesc
Revenue And Expenses Per Books$15RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX PAID$60$60
ANNUAL REGISTRATION$25$25

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