YUEN LARSON LEGACY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: YUEN LARSON LEGACY FOUNDATION (EIN 83-2295552)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2021-06-24
IRS object ID: 202101759349100020
Schema version: 2019v5.0
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
Investments Other Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-06-24T11:37:07-07:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	815058720	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	AB CPA INC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9747 BUSINESS PARK AVE STE 216	AddressLine1Txt
City	San Diego	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92131	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	832295552	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE YUEN LARSON LEGACY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	YUEN	BusinessNameControlTxt
Phone	8586234210	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	373 SUNSET DR	AddressLine1Txt
City	ENCINITAS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92024	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHRISTOPHER LARSON	PersonNm
Person Title	CFO	PersonTitleTxt
Signature	2021-06-24	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AKORE CHEMELLO CPA	PreparerPersonNm
PTIN	P00446651	PTIN
Phone	6196655911	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2019	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	$296,801	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	$10,175	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$821	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$821	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$821	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$3,633	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$3,633	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$3,633	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$88,669	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$139,624	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$88,669	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$103,298	TotalRevAndExpnssAmt
Total Net Invst Incm	$93,123	TotalNetInvstIncmAmt
Total Adj Net Incm	$4,454	TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss	$2,216	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$2,216	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$34	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$34	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$2,250	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,250	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,750	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,750	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$5,000	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,250	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,750	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$98,298	ExcessRevenueOverExpensesAmt
Net Investment Income	$90,873	NetInvestmentIncomeAmt
Adjusted Net Income	$4,454	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$251,710	CashBOYAmt
Cash EOY	$64,704	CashEOYAmt
Other Investments EOY	$296,801	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$296,801	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$251,710	TotalAssetsBOYAmt
Total Assets EOY	$361,505	TotalAssetsEOYAmt
Total Assets EOYFMV	$296,801	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$251,710	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$251,710	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$361,505	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$251,710	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$361,505	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$251,710	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$98,298	ExcessRevenueOverExpensesAmt
Other Increases	$11,497	OtherIncreasesAmt
Subtotal	$361,505	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$361,505	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
TD AMERITRADE VARIOUS	D	2001-01-01	2019-01-01	$41,531	$40,780	$751	$751
1100 WOODWARD INC STOCK	P	2001-01-01	2019-02-01	$98,093	$10,175	$87,918	$87,918

Field	Value	IRS element (for citing)
Capital Gain Net Income	$88,669	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,817	InvestmentIncomeExciseTaxAmt
Subtotal	$1,817	SubtotalAmt
Tax Based On Investment Income	$1,817	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$69	EsPenaltyAmt
Tax Due	$1,886	TaxDueAmt

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	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	CHRISTOPHER LARSON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8586234210	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	373 SUNSET DR	AddressLine1Txt
City	ENCINITAS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92024	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
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 (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
HEIDI LS YUEN
373 SUNSET DR	ENCINITAS	CA	92024	President & CEO	2.00	$0
CHRISTOPHER LARSON
373 SUNSET DR	ENCINITAS	CA	92024	CFO	2.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Tax Based On Investment Income	$1,817	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,817	TotalTaxAmt
Distributable Before Adj	$1,817	DistributableBeforeAdjAmt
Distributable Before Ded	$1,817	DistributableBeforeDedAmt
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,750	ExpensesAndContributionsAmt
Qualifying Distributions	$2,750	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$2,750	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1	$515	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$515	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,750	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$2,750	RemainingDistriFromCorpusAmt
Total Corpus	$3,265	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$3,265	ExcessDistriCyovToNextYrAmt
Excess From Year1	$515	ExcessFromYear1Amt
Excess From Current Year	$2,750	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	HEIDI LS YUEN	ContributingManagerNm
Contributing Manager	CHRISTOPHER LARSON	ContributingManagerNm
Shareholder Manager	HEIDI LS YUEN	ShareholderManagerNm
Shareholder Manager	CHRISTOPHER LARSON	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
PEDAL THE CUASE SAN DIEGO
2445 Fifth Avenue Suite	SAN DIEGO	CA	92101	CHARITABLE SUPPORT	$50
ADA ONLINE
950 Pennsylvania Avenue NW	WASHINGTON	DC	20530	CHARITABLE SUPPORT	$500
PUNAHOU SCHOOL
1601 Punahou Street	honolulu	HI	96822	CHARITABLE SUPPORT	$900
AMERICAN HEART
7272 Greenville Ave	DALLAS	TX	75231	CHARITABLE SUPPORT	$2,000
BIG BROTHERS BIG SISTERS SAN DIEGO
4305 University Ave Suite 590	SAN DIEGO	CA	92105	CHARITABLE SUPPORT	$700
KENSINGTON COMMUNITY CHURH
4773 Marlborough Drive	SAN DIEGO	CA	92116	CHARITABLE SUPPORT	$600

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,750	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$821	RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$3,633	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$88,669	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$93,123	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$93,123	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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$296,801	BookValueAmt
EOYFMV	$296,801	EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	ADVISOR FEES	CategoryTxt
Amt	$2,216	Amt
Net Investment Income	$2,216	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$34	Amt
Net Investment Income	$34	NetInvestmentIncomeAmt

YUEN LARSON LEGACY FOUNDATION: Form 990PF, tax year 2019

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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