BETA

SUNRISE FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SUNRISE FOUNDATION (EIN 65-1288276)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-05
IRS object ID
202241259349101909
Schema version
2021v4.0
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)
Return2022-05-05T15:48:35-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN208786289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KIM & LEE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12305 W 190TH STAddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90504ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN651288276EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUNRISE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSUNRBusinessNameControlTxt
Phone9093731555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHIN H HWANGPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone9093731555PhoneNum
Signature2022-04-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHINPersonFirstNm
Person LastHWANGPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH K CHUNGPreparerPersonNm
PTINP00976113PTIN
Phone2133876000PhoneNum
Preparation2022-04-29PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,299,239FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$500,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$7,536InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7,536InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$7,536InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$24,968DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,968DividendsNetInvstIncmAmt
Dividends Adj Net Incm$24,968DividendsAdjNetIncmAmt
Total Rev And Expnss$532,504TotalRevAndExpnssAmt
Total Net Invst Incm$32,504TotalNetInvstIncmAmt
Total Adj Net Incm$32,504TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$920TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$35OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,955TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$458,513ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$458,513ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$460,468TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$458,513TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$72,036ExcessRevenueOverExpensesAmt
Net Investment Income$32,504NetInvestmentIncomeAmt
Adjusted Net Income$32,504AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$24,309CashBOYAmt
Cash EOY$37,778CashEOYAmt
Cash EOYFMV$37,778CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,470,295SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,502,795SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,502,795SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,394,759OtherInvestmentsBOYAmt
Other Investments EOY$1,419,727OtherInvestmentsEOYAmt
Other Investments EOYFMV$758,666OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,889,363TotalAssetsBOYAmt
Total Assets EOY$3,960,300TotalAssetsEOYAmt
Total Assets EOYFMV$3,299,239TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,889,363NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,960,300NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,889,363TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,960,300TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,889,363TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,960,300TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,889,363TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$72,036ExcessRevenueOverExpensesAmt
Subtotal$3,961,399SubtotalAmt
Other Decreases$1,099OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,960,300TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$452InvestmentIncomeExciseTaxAmt
Subtotal$452SubtotalAmt
Tax Based On Investment Income$452TaxBasedOnInvestmentIncomeAmt
Tax Due$452TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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
Individual With BooksSUNNY HWANGIndividualWithBooksNm
Phone9093731555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SUNNY HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730PRESIDENT000.00$0$0$0
CHIN H HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$716,101AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,334,337AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,050,438TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,050,438AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$45,757CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,004,681NetVlNoncharitableAssetsAmt
Minimum Investment Return$150,234MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$150,234MinimumInvestmentReturnAmt
Tax Based On Investment Income$452TaxBasedOnInvestmentIncomeAmt
Total Tax$452TotalTaxAmt
Distributable Before Adj$149,782DistributableBeforeAdjAmt
Distributable Before Ded$149,782DistributableBeforeDedAmt
Distributable As Adjusted$149,782DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$458,513ExpensesAndContributionsAmt
Qualifying Distributions$458,513QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$149,782DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$339,919ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$344,687ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$300,490ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$293,770ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$267,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,545,866TotalExcessDistributionCyovAmt
Qualifying Distributions$458,513QualifyingDistributionsAmt
Applied To Current Year$149,782AppliedToCurrentYearAmt
Remaining Distri From Corpus$308,731RemainingDistriFromCorpusAmt
Total Corpus$1,854,597TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$339,919ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,514,678ExcessDistriCyovToNextYrAmt
Excess From Year4$344,687ExcessFromYear4Amt
Excess From Year3$300,490ExcessFromYear3Amt
Excess From Year2$293,770ExcessFromYear2Amt
Excess From Year1$267,000ExcessFromYear1Amt
Excess From Current Year$308,731ExcessFromCurrentYearAmt

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/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN RED CROSS
431 18TH STREET NWWASHINGTONDC20006DONATION$5,000
COMPASSION INT'L
12290 VOYAGER PKWYCOLORADO SPRINGSCO80921DONATION$5,000
DOORAE COMMUNITY MOVEMENT
9552 HOUNGHTON RDBAKERSFIELDCA93311DONATION$11,800
FOCUS ON THE FAMILY
8605 EXPLORER DRCOLORADO SPRINGSCO80920DONATION$2,000
HAPPY VILLAGE
690 WILSHIRE PLLOS ANGELESCA90005DONATION$6,000
INLAND CHURCH
1101 N GLEN AVEPOMONACA91768DONATION$88,000
KIMBO FOUNDATION
72 SANTA ANA AVESAN FRANCISCOCA94127SCHOLARSHIP$305,000
WILLIAM JESSUP UNIVERSITY
2121 UNIVERSITY AVEROCKLINCA95765SCHOLARSHIP$20,000
WORLD VISION
PO BOX 9716FEDERAL WAYWA98063DONATION$1,713
ZION MOUNTAIN FOUNDATION
1382 E FOOTHILL BLVDUPLANDCA91786DONATION$4,000
LOVE AND HOPE MISSION CORP
2200 MARCUS AVE STE ANEW HYDE PARKNY11042DONATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$458,513TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,536ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,968ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$32,504ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$32,504TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1CORNERSTONE PROPERTIES LLCBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd
FieldValueIRS element (for citing)
Total Contributions$500,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$1,000Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemAXA ADVISORSCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,419,727BookValueAmt
EOYFMV$758,666EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
NONQUALIFIED DONATION$500
PRIOR YEAR ADJ$599

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OTHER EXPENSE$35

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
REGISTRATION FEES$75
FEDERAL TAXES$845

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