CHENG FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHENG FAMILY FOUNDATION (EIN 90-0883149)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-16
- IRS object ID
- 202343209349101484
- 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
- Form 990-PF
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-16T13:47:39-08:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710914915 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara L Nielsen CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2629 Foothill Blvd 320 | AddressLine1Txt |
| City | La Crescenta | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900883149 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHENG FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHEN | BusinessNameControlTxt |
| Phone | 6268075621 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WAVERLY DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CHENG | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6268075621 | PhoneNum |
| Signature | 2023-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JENNIFER | PersonFirstNm |
| Person Last | CHENG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara L Nielsen | PreparerPersonNm |
| PTIN | P00537965 | PTIN |
| Phone | 8189572208 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,847,396 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $36,106 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $5,843 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,843 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $64,034 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $64,034 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $69,678 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $69,678 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$45,447 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $2,491,423 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,450,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,270,916 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$228,432 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$7,925 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,438,652 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,402,546 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $273,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $163,800 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $81,900 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $58,317 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $4,500 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $1,462 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $20,098 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,325 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $40,127 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,270 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,439 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $29,564 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $29,564 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $13,577 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $4,526 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,526 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $110,733 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $98,824 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $123 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $551,378 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $342,309 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $90,988 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $229,657 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $229,657 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $781,035 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $342,309 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $320,645 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,657,617 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,060,237 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $32,810 | CashBOYAmt |
| Cash EOY | $77,949 | CashEOYAmt |
| Cash EOYFMV | $77,949 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,598,682 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $140,092 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $140,092 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $428,560 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,800,853 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,810,874 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $788,593 | CorporateStockBOYAmt |
| Corporate Stock EOY | $838,831 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $831,605 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,429,854 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $83,864 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $4,168,153 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,345,990 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,345,990 | LandBldgInvestmentsEOYFMVAmt |
| Mortgage Loans BOY | $0 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $2,500,000 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $2,500,000 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $168,676 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $140,886 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $140,886 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,185,474 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,844,601 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,847,396 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $3,578 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,088 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,578 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,088 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,181,896 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,839,513 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,181,896 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,839,513 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,185,474 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,844,601 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,181,896 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,657,617 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,839,513 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,839,513 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES, SHORT-TERM | P | 2022-01-01 | 2022-07-01 | $3,165,223 | $0 | $3,413,326 | -$248,103 | $0 | $0 | $0 | -$248,103 |
| PUBLICLY TRADED SECURITIES, LONG-TERM | P | 2021-01-01 | 2022-07-01 | $486,956 | $0 | $459,360 | $27,596 | $0 | $0 | $0 | $27,596 |
| REAL ESTATE, AZ COMMERCIAL PROPERTY | P | 2012-06-15 | 2022-01-31 | $5,450,000 | $684,805 | $3,643,382 | $2,491,423 | $0 | $0 | $0 | $2,491,423 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,270,916 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$248,103 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $28,637 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $28,637 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $28,637 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,256 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $27,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $33,256 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$33,256 | OriginalReturnOverpaymentAmt |
| Overpayment | $4,619 | OverpaymentAmt |
| Applied To ES Tax | $4,619 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTEGRITY ACCOUNTING SOLUTIONS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8184140332 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W BROADWAY | AddressLine1Txt |
| City | GLENDALE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JENNIFER CHENG | ||||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PRESIDENT & DIRECTOR | 30.00 | $273,000 | $0 | $0 |
| KEITH CHENG | ||||||||
| 17542 MARDEE AVE | LAKE OSWEGO | OR | 97035 | DIRECTOR & SECRETARY | 2.00 | $0 | $0 | $0 |
| JEAN LING | ||||||||
| 6152 AVALON CT | LONG BEACH | CA | 90803 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| EUGENE CHENG | ||||||||
| 440 SUNNINGDALE CT | ROSEVILLE | CA | 95747 | DIRECTOR & TREASURER | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,822,847 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,822,847 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $8,822,847 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $132,343 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,690,504 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $434,525 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $434,525 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $28,637 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $28,637 | TotalTaxAmt |
| Distributable Before Adj | $405,888 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $405,888 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $405,888 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $320,645 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $320,645 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $405,888 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $1,619,018 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,175,581 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $364,265 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,158,864 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $320,645 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $320,645 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $85,218 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $85,218 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,073,646 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $25 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,533,800 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,539,846 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,175,581 | ExcessFromYear4Amt |
| Excess From Year3 | $364,265 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| GRAND CIRCLE FOUNDATION | ||||||
| 347 CONGRESS STREET | BOSTON | MA | 02210 | PUBLIC CHARITY | GENERAL SUPPORT | $35,000 |
| THE HUNTINGTON LIBRARY & ART GALLERY | ||||||
| 1151 OXFORD ROAD | SAN MARINO | CA | 91108 | PUBLIC CHARITY | GENERAL SUPPORT | $4,657 |
| LOMA LINDA UNIVERSITY HEALTH | ||||||
| 11370 ANDERSON 1800 | LOMA LINDA | CA | 92354 | PUBLIC CHARITY | GENERAL SUPPORT | $75,000 |
| MONTEREY BAY AQUARIUM | ||||||
| 886 CANNERY ROW | MONTEREY | CA | 93940 | PUBLIC CHARITY | GENERAL SUPPORT | $50,000 |
| DANCE CONSERVANCY OF PASADENA SCHOOL | ||||||
| 66 WAVERLY DRIVE | PASADENA | CA | 91105 | PUBLIC CHARITY | GENERAL SUPPORT | $25,000 |
| TRILLIUM FAMILY SERVICES | ||||||
| 3415 SE POWELL BLVD | PORTLAND | OR | 97202 | PUBLIC CHARITY | GENERAL SUPPORT | $15,000 |
| PARK ACADEMY | ||||||
| 1915 S SHORE BLVD | LAKE OSWEGO | OR | 97034 | PUBLIC CHARITY | GENERAL SUPPORT | $20,000 |
| CHAMBER MUSIC NORTHWEST | ||||||
| 2300 SW 1ST AVE STE 103 | PORTLAND | OR | 97201 | PUBLIC CHARITY | GENERAL SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $229,657 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,843 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $64,034 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$45,447 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 19 | ExclusionCd |
| Exclusion | $2,491,423 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,515,853 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,515,853 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 0 | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| RENTAL HOUSE - PARK SOLDI (CFF) | 2019-10-03 | $1,387,723 | $54,864 | SL | 27.500000000000 | $24,844 |
| HARDWOOD FLOOR-PARK SOLDI (CFF) | 2019-10-03 | $26,253 | $2,109 | SL | 27.500000000000 | $955 |
| COMMERC'L PROPERTY-HAPPY VALLEY RD, AZ | 2012-06-15 | $3,483,579 | $681,828 | SL | 39.000000000000 | $2,977 |
| AIR CONDITION UNIT (CFF-PARK SOLDI) | 2020-07-17 | $3,170 | $168 | SL | 27.500000000000 | $115 |
| EV CHARGING STATION (CFF) | 2021-09-28 | $6,533 | $136 | SL | 12.000000000000 | $544 |
| ARTIFICIAL GRASS-PARK SOLDI | 2022-08-03 | $6,175 | SL | 20.000000000000 | $129 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | COMMERC'L PROPERTY-HAPPY VALLEY RD, AZ | AssetDesc |
| Acquired | 2012-06 | AcquiredDt |
| Sold | 2022-01 | SoldDt |
| Gross Sales Price | $5,450,000 | GrossSalesPriceAmt |
| Basis | $3,483,579 | BasisAmt |
| Sales Expense | $159,803 | SalesExpenseAmt |
| Total Net | $2,491,423 | TotalNetAmt |
| Accumulated Depreciation | $684,805 | AccumulatedDepreciationAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIP - RVMA BEACON, LLC | CategoryOrItemTxt |
| Book Value | $140,886 | BookValueAmt |
| EOYFMV | $140,886 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| AUTO EXPENSE | $5,220 | $5,220 | |
| BANK SERVICE CHARGES | $130 | $0 | |
| COMPUTER & INTERNET CHARGES | $1,449 | $359 | |
| DUES & SUBSCRIPTIONS | $3,062 | $985 | |
| INSURANCE | $7,144 | $0 | |
| LICENSES - CA SEC OF STATE | $30 | $0 | |
| INVESTMENT MANAGEMENT FEES | $48,861 | $48,861 | |
| MEALS | $2,909 | $2,909 | |
| OFFICE SUPPLIES | $1,193 | $0 | |
| PARKING | $26 | $26 | |
| POSTAGE | $368 | $123 | $123 |
| AZ BUSINESS LICENSE | $25 | $25 | |
| AZ RENTAL CAM CHARGES | $1,395 | $1,395 | |
| AZ INSURANCE | $6 | $6 | |
| RENTAL APPLIANCE | $2,335 | $2,335 | |
| RENTAL HOA DUES | $4,080 | $4,080 | |
| RENTAL INSURANCE | $3,682 | $3,682 | |
| RENTAL PROPERTY MGMT | $4,140 | $4,140 | |
| RENTAL REPAIRS & MAINT | $24,678 | $24,678 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CAPITAL LOSS ALLWD, SECURITY SALES | -$220,507 | |
| INTEREST ON MORTGAGE NOTE | $19,041 | $19,041 |
| INVESTMENT INC DIFF, RECONCIL | $1,940 | $1,940 |
| ORDINARY PSHIP LOSS - RVMA | -$28,906 | -$28,906 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CA FTB ANNUAL FEE | $800 | $0 | |
| CA LLC TAX & FEE | $900 | $900 | |
| CA REGISTRY OF CHAR TRUSTS | $100 | $0 | |
| PAYROLL TAXES | $17,658 | $8,701 | $4,439 |
| RENTALS - PROPERTY TAX | $17,929 | $17,929 | |
| AZ SALES TAX, LEASE INCOME | $2,740 | $2,740 |