PING AND AMY CHAO FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PING AND AMY CHAO FAMILY FOUNDATION (EIN 20-6750125)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-07-21
- IRS object ID
- 202202029349100305
- Schema version
- 2020v4.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-21T09:38:29-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 206750125 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ping and Amy Chao Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % c/o Foundation Source | InCareOfNm |
| Business Name Control | PING | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PING CHAO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-07-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PING | PersonFirstNm |
| Person Last | CHAO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,199,806 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $817 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $817 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $186,040 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $186,040 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $321,337 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,863,126 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $321,337 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $4,106 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $512,300 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $508,194 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,375 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,375 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $51,092 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,652 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $41,440 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $72,491 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $10,911 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $10,911 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $36,411 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $60 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $36,351 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $172,280 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,712 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $90,077 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,267,264 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,267,264 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,439,544 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,712 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,357,341 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,927,244 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $498,482 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,946,385 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $349,119 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $349,119 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $7,025,192 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,695,214 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,848,687 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,000 | OtherInvestmentsBOYAmt |
| Other Assets EOY | $2,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,973,577 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,046,333 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,199,806 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $8,973,577 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,046,333 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,973,577 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,046,333 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,973,577 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,046,333 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,973,577 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,927,244 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,046,333 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,046,333 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $3,863,126 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,541,789 | CostOrOtherBasisAmt |
| Gain Or Loss | $321,337 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $321,337 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $321,337 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,929 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,929 | SubtotalAmt |
| Tax Based On Investment Income | $6,929 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $7,300 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $371 | OverpaymentAmt |
| Applied To ES Tax | $371 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| 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 | co Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| Amy H Chao | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Co-Trustee | 5.0 | $0 | $0 | $0 |
| Shiu-Kai Chao | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Co-Trustee | 1.0 | $0 | $0 | $0 |
| Shiu-Ping Chao | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Co-Trustee | 10.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,956,782 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $572,078 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,528,860 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,528,860 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $127,933 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,400,927 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $420,046 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $420,046 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,929 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,929 | TotalTaxAmt |
| Distributable Before Adj | $413,117 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $413,117 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $413,117 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,357,341 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,357,341 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,357,341 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $413,117 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $629,988 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $735,470 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $871,462 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,169,802 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,181,574 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,588,296 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,357,341 | QualifyingDistributionsAmt |
| Applied To Current Year | $413,117 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,944,224 | RemainingDistriFromCorpusAmt |
| Total Corpus | $7,532,520 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $629,988 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,902,532 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $735,470 | ExcessFromYear4Amt |
| Excess From Year3 | $871,462 | ExcessFromYear3Amt |
| Excess From Year2 | $1,169,802 | ExcessFromYear2Amt |
| Excess From Year1 | $1,181,574 | ExcessFromYear1Amt |
| Excess From Current Year | $2,944,224 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GRANT APPLICATION TO JULIE KIM | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 S SAN ANTONO RD SUITE 204 | AddressLine1Txt |
| City | LOS ALTOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | JULIE.CHAOFOUNDATION@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | HTTP://WWW.CHAOFOUNDATION.ORG/GRANT-APPLICATION | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATION DEADLINE IS MARCH 15TH.ALL APPLICATIONS ARE REVIEWED TOGETHER IN APRIL AND WILL BE ANNOU | SubmissionDeadlinesTxt |
| Restrictions On Awards | WWW.CHAOFOUNDATION.ORG | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1001 FONTAINES POUR DEMAIN | ||||||||||||
| 33 RUE PIERRE BRUNIER | CALUIRE CUIRE | FR | 69300 | N/A | PC | General & Unrestricted | $80,000 | |||||
| ANGKOR HOSPITAL FOR CHILDREN INC | ||||||||||||
| N/A | PC | Specialty Training at AHC's Pediatric Healthcare fund | $105,000 | 139 PLOWDEN RD | PUTNEY | VT | 05346 | |||||
| BAYSHORE CHRISTIAN MINISTRIES | ||||||||||||
| N/A | PC | BCM Teen Spiritual Programs | $30,000 | 1001 BEECH ST | E PALO ALTO | CA | 94303 | |||||
| BURMA HUMANITARIAN MISSION | ||||||||||||
| N/A | PC | Backpack Medics fund | $55,000 | 2985 S 800 E | SALT LAKE CITY | UT | 84106 | |||||
| CHILDREN ON THE EDGE | ||||||||||||
| 5 THE VICTORIA 25 ST PANCRAS | CHICHESTER | UK | PO19 7LT | N/A | PC | General & Unrestricted | $39,460 | WEST SUSSEX | ||||
| CHILDRENS HEARTLINK | ||||||||||||
| N/A | PC | Advancing Pediatric Cardiac Care in Vietnam fund | $46,350 | 5075 ARCADIA AVE | EDINA | MN | 55436 | |||||
| COMMUNITY PARTNERS INTERNATIONAL | ||||||||||||
| N/A | PC | Covid-19 response for Rohingya refugees in Bangladesh fund | $50,000 | 580 CALIFORNIA ST FL 16 | SAN FRANCISCO | CA | 94104 | |||||
| CROSSING BORDERS MINISTRY INC | ||||||||||||
| N/A | PC | Elim House project: a safe House for North Korean refugee fund | $30,000 | PO BOX 354 | GLENVIEW | IL | 60025 | |||||
| FRIENDS WITHOUT A BORDER | ||||||||||||
| N/A | PC | Pharmacy Department in Lao Friends Hospital fund | $120,000 | 1123 BROADWAY STE 1210 | NEW YORK | NY | 10010 | |||||
| GOSPEL OPERATION INTERNATIONAL USA | ||||||||||||
| N/A | PC | Missionary Program in Taiwan | $10,000 | 15824 MAIN ST | LA PUENTE | CA | 91744 | |||||
| HIMALAYAN HEALTHCARE INC | ||||||||||||
| N/A | PC | Women's Health and Child Nutrition Program | $60,000 | PO BOX 737 | NEW YORK | NY | 10024 | |||||
| INNOVATION WORKS INC | ||||||||||||
| N/A | PC | Reclaimed Urban Wood Products and Natural Dye Textile Fabrication fund | $55,000 | 1400 GREENMOUNT AVE SUITE B01 | BALTIMORE | MD | 21202 | |||||
| JENNY LIN FOUNDATION | ||||||||||||
| N/A | PC | General & Unrestricted | $3,000 | PO BOX 21150 | CASTRO VALLEY | CA | 94546 | |||||
| KIDSPIRE | ||||||||||||
| N/A | PC | General & Unrestricted | $48,000 | 3300 NW 185TH AVE 127 | PORTLAND | OR | 97229 | |||||
| LOVE JUSTICE INTERNATIONAL | ||||||||||||
| N/A | PC | Transit Monitoring fund in Nepal | $93,454 | PO BOX 67195 | LINCOLN | NE | 68506 | |||||
| NCTU FOUNDATION | ||||||||||||
| N/A | PC | Professor Long-Ing Chen Electronics Lecture Professorship and Scholarship fund | $38,000 | PO BOX 2793 | CUPERTINO | CA | 95015 | |||||
| NCTU FOUNDATION | ||||||||||||
| N/A | PC | Two NYCU Junior Chair Professorships fund | $109,000 | PO BOX 2793 | CUPERTINO | CA | 95015 | |||||
| ONE HEART HEALTH | ||||||||||||
| N/A | PC | The Chao Heart Alert for the One Heart application | $40,000 | 5812 PRAIRIE RIDGE DR | SHOREVIEW | MN | 55126 | |||||
| SAHAYA INTERNATIONAL INC | ||||||||||||
| N/A | PC | Scholarship fund | $30,000 | 1504 PORTOLA ST | DAVIS | CA | 95616 | |||||
| SAN FRANCISCO CITY IMPACT | ||||||||||||
| N/A | PC | Hunger Relief and Education in Tenderloin district of Sun Francisco | $85,000 | 230 JONES ST | SAN FRANCISCO | CA | 94102 | |||||
| SOLD PROJECT DBA THE FREEDOM STORY | ||||||||||||
| N/A | PC | Trafficking Prevention Education Project in Thailand | $10,000 | 337 17TH ST SUITE 102 | OAKLAND | CA | 94612 | |||||
| THE LORDS GRACE CHRISTIAN CHURCH | ||||||||||||
| N/A | PC | Remodeling project fund | $10,000 | 1101 SAN ANTONIO RD | MOUNTAIN VIEW | CA | 94043 | |||||
| TRANSPARENT FISH FUND INC | ||||||||||||
| N/A | PC | General & Unrestricted | $120,000 | 445 S SAN ANTONIO RD STE 204 | LOS ALTOS | CA | 94022 | |||||
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | ||||||||||||
| N/A | PC | Grant to the School of Engineering, to create the Ping & Amy Chao Family Fellowship in Electrical Engineering and Computer Science (the "Fellowship") | $1,000,000 | 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | |||||
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | ||||||||||||
| N/A | PC | Grant to the School of Engineering, to create the Ping & Amy Chao Family Professorship in Electrical Engineering and Computer Science (the "Professorship") | $1,000,000 | 1995 UNIVERSITY AVE STE 401 | BERKELEY | CA | 94704 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,267,264 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $817 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $186,040 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $321,337 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Tax Refund | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $4,106 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $512,300 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $512,300 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT FEES | CategoryTxt |
| Amt | $1,375 | Amt |
| Disbursements Charitable Prps | $1,375 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GUGGENHEIM TOTAL RETURN BOND F | $987,578 | $965,991 |
| LORD ABBETT INVESTMENT TRUST S | $403,500 | $401,958 |
| PIMCO FUNDS FOREIGN BOND FUND | $238,343 | $233,678 |
| PIMCO INCOME FUND | $608,284 | $603,681 |
| SCHWAB S P 500 INDEX FUND SELE | $330,619 | $601,168 |
| SCHWAB STRATEGIC TREMERGING MK | $137,193 | $165,544 |
| SCHWAB U.S. SMALL-CA | $122,717 | $175,887 |
| VANGUARD FTSE DEVELOPED MARKET | $733,860 | $892,723 |
| VANGUARD FTSE EMERGING MARKETS | $227,330 | $247,179 |
| VANGUARD MID-CAP ETF | $274,084 | $459,501 |
| VANGUARD S&P 500 ETF | $1,374,962 | $1,825,902 |
| VANGUARD SM-CAP ETF | $256,744 | $275,475 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending November 30, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $3,267,264. This amount represents 25% or more of the Foundation's net assets of $9,717,509 (as measured by fair market value) at the beginning of the Foundation's taxable year ending November 30, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| EOY Book Value | $2,000 | EOYBookValueAmt |
| EOYFMV | $2,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $36,191 | $36,191 | |
| Bank Charges | $60 | $60 | |
| State or Local Filing Fees | $160 | $160 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Tax Refund | Desc |
| Revenue And Expenses Per Books | $4,106 | RevenueAndExpensesPerBooksAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administration of Foundation | $41,440 | $41,440 | |
| Investment Management Services | $9,652 | $9,652 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $7,300 |
| 990-PF Excise Tax for 2020 | $2,391 |
| 990-PF Extension for 2020 | $62,800 |