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FRIENDS OF THE UNIVERSITY OF HONG KONG LTD: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FRIENDS OF THE UNIVERSITY OF HONG KONG LTD (EIN 13-4091246)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-08-08
IRS object ID
202242209349200509
Schema version
2020v4.0
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)
Return2022-08-08T07:24:04-07:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760717994PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Kimerling & Wisdom LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 Broadway Suite 1105AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134091246EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF THE UNIV OF HONG KONG LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt
Phone4088239838PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11321 SYDNEY DRIVEAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMONICA YEUNGPersonNm
Person TitleExecutive DirecPersonTitleTxt
Signature2022-08-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMONICAPersonFirstNm
Person LastYEUNGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRoss Wisdom CPAPreparerPersonNm
PTINP00163343PTIN
Phone2129860892PhoneNum

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website Addresshttp://www.hku.hk/daao/usfriends/home.htmWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$191,547GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$139,472ContributionsGiftsGrantsEtcAmt
Investment Income$2InvestmentIncomeAmt
Sale Of Assets Gross$52,073SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$51,802CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$271GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$139,745TotalRevenueAmt
Grants And Similar Amounts Paid$131,615GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$2,500FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$3,874PrintingPublicationsPostageAmt
Other Expenses Total$2,050OtherExpensesTotalAmt
Total Expenses$140,039TotalExpensesAmt
Excess Or Deficit For Year-$294ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$305,844NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$305,550NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$50,884BOYAmt
EOY$51,567EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$257,745BOYAmt
EOY$257,745EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$308,629BOYAmt
EOY$309,312EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,785BOYAmt
EOY$3,762EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$305,844BOYAmt
EOY$305,550EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTO SPONSOR AND CONDUCT FUNDRAISING ACTIVITIES AND EVENTS IN ORDER TO PROVIDE FINANCIAL AID AND OTHER ASSISTANCE TO THE UNIVERSITY OF HONG KONG FOR SCHOLARSHIPS AND EDUCATIONAL PROGRAMS AND TO AID, FOSTER AND PROMOTE ARTISTIC, CULTURAL AND EDUCATIONAL ACTIVITIES.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (8 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtForeign GrantsForeignGrantsIndProgram Service ExpensesProgramServiceExpensesAmt
UNIVERSITY OF HONG KONG: VARIOUS OTHER GRANT DISTRIBUTIONS.$7,543Yes (X)$7,543
UNIVERSITY OF HONG KONG: HONG KONG FOUNDATION (GENERAL USE).$49,212Yes (X)$49,212
UNIVERSITY OF HONG KONG: MUSEUM & GALLERY.$7,125Yes (X)$7,125
UNIVERSITY OF HONG KONG: SCHOLARSHIP.$24,510Yes (X)$24,510
UNIVERSITY OF HONG KONG: ENGINEERING.$26,600Yes (X)$26,600
UNIVERSITY OF HONG KONG: SOUTH EAST ASIA PROGRAM DEVELOPMENT.$12,350Yes (X)$12,350
UNIVERSITY OF HONG KONG: FAMILY EDUCATION PROGRAM.$1,900Yes (X)$1,900
UNIVERSITY OF HONG KONG: SCHOLARSHIP.$2,375Yes (X)$2,375
FieldValueIRS element (for citing)
Total Program Service Expenses$131,615TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SIU YUM-TONG
Director1.00$0
MONICA YEUNG
Executive Direc20.00$0
H S PHILIP WONG
Director1.00$0
PETER TONG
Director1.00$0
LAWRENCE NG MING-LOY
President1.00$0
SHIRLEY LO
Secretary1.00$0
HENRY YIM
TREAS/ASST SEC.1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROSS WISDOM CPA PLLCPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 BROADWAY SUITE 1105AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10038ZIPCd
FieldValueIRS element (for citing)
Phone2129860892PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$484,965CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$464,829CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$482,380CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$235,799CurrentTaxYearMinus1YearAmt
Current Tax Year$139,472CurrentTaxYearAmt
Total$1,807,445TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$484,965CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$464,829CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$482,380CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$235,799CurrentTaxYearMinus1YearAmt
Current Tax Year$139,472CurrentTaxYearAmt
Total$1,807,445TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$268,837SubstantialContributorsTotAmt
Public Support Total170$1,538,608PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$67CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$160CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7CurrentTaxYearMinus1YearAmt
Current Tax Year$2CurrentTaxYearAmt
Total$257TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years-$2,985CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$2,374CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,552CurrentTaxYearMinus1YearAmt
Current Tax Year$270CurrentTaxYearAmt
Total-$3,537TotalAmt
FieldValueIRS element (for citing)
Total Support$1,804,165TotalSupportAmt
Public Support CY1700.85280PublicSupportCY170Pct
Public Support PY1700.61100PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJUST GLOBAL INCPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionCONSULTANTRelationshipDescriptionTxt
Transaction$1,200TransactionAmt
TransactionSEE PART V BELOWTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part V Supplemental InformationFormAndLineReferenceDesc
ExplanationDuring the tax year, the Organization engaged the company of Just Global Inc. to perform administrative services. Monica Yeung, the Executive Director of Friends of the University of Hong Kong, Ltd. is also the principal of Just Global, Inc. During the fiscal year ended September 30, 2021, a total of $1,200 was expensed for administrative services it rendered to the Friends of the University of Hong Kong, Ltd.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Client Note 1Client Note 1 - ALL FUNDRAISING ACTIVITIES WERE CONDUCTED BY VOLUNTEERS.
Grants and Similar Amounts Paid In Excess of $5,000.1Class of Activity: 501(C)(3) | Donee's Name: THE UNIVERSITY OF HONG KONG | Donee's Address: POKFULAM ROAD, HONG KONG CHINA | Cash Amount Given: $131615
Other Expenses.2ADMIN. FEES (JUST GLOBAL INC.) $1200
Other Expenses.3SUPPLIES $483
Other Expenses.4FILING FEES $225
Other Expenses.5BANK CHARGES $142
Other Assets.1006Pledges and Grants Receivable - Beginning $257745 Pledges and Grants Receivable - Ending $257745
Total Liabilities.1001Accounts Payable and Accrued Expenses - Beginning $2785 Accounts Payable and Accrued Expenses - Ending $3524
Total Liabilities.1002Grants Payable - Beginning $0 Grants Payable - Ending $238

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