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CK FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CK FAMILY FOUNDATION (EIN 45-4005757)
Tax period
2019-12-01 to 2020-11-30
Filed
2021-10-15
IRS object ID
202102889349100335
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-10-15T15:58:39-07:00ReturnTs
Tax Period End2020-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371420474PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fontanello Duffield & Otake LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line144 Montgomery Street Suite 1305AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454005757EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CK Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCKFABusinessNameControlTxt
Phone4085308800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11294 Kifer RoadAddressLine1Txt
CitySunnyvaleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94086ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMary WangPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2021-10-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErik SatowPreparerPersonNm
PTINP01410341PTIN
Phone4159830200PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$883,278FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,148InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,148InterestOnSavNetInvstIncmAmt
Gross Rents Rev And Expnss$20,709GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$20,709GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$13,498NetRentalIncomeOrLossAmt
Total Rev And Expnss$22,857TotalRevAndExpnssAmt
Total Net Invst Incm$22,857TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$45,292LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$45,292LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$11,414AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$11,414AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$841TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$5,749DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$7,935OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,211OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$724OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$71,231TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,211TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$57,430TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$110,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$110,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$181,231TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,211TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$167,430TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$158,374ExcessRevenueOverExpensesAmt
Net Investment Income$15,646NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$139,962CashBOYAmt
Cash EOY$88,520CashEOYAmt
Cash EOYFMV$88,520CashEOYFMVAmt
Sav And Temp Cash Invst BOY$614,105SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$511,359SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$511,359SavAndTempCashInvstEOYFMVAmt
Invst Land Cost Or Other Basis$330,382InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$46,983InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$289,148LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$283,399LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$283,399LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$1,043,215TotalAssetsBOYAmt
Total Assets EOY$883,278TotalAssetsEOYAmt
Total Assets EOYFMV$883,278TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,043,215NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$1,043,215TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$883,278TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,043,215TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$883,278TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,043,215TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$158,374ExcessRevenueOverExpensesAmt
Subtotal$884,841SubtotalAmt
Other Decreases$1,563OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$883,278TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$113,586AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,146,311NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.09909DistributionYr1Rt
Adjusted Qlfy Distri Yr2$113,785AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,243,447NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.09151DistributionYr2Rt
Adjusted Qlfy Distri Yr3$159,054AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,396,525NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.11389DistributionYr3Rt
Adjusted Qlfy Distri Yr4$13,173AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,262,213NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.01044DistributionYr4Rt
Adjusted Qlfy Distri Yr5$108,541AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,267,095NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.08566DistributionYr5Rt
Total Distribution0.400586TotalDistributionRt
Average Distribution0.080117AverageDistributionRt
Net Vl Noncharitable Assets$956,057NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$76,596AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$156NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$76,752AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$167,430QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$156InvestmentIncomeExciseTaxAmt
Subtotal$156SubtotalAmt
Tax Based On Investment Income$156TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$156TaxDueAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Michael SunBusinessNameLine1Txt

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11294 Kifer Road Ste 703AddressLine1Txt
CitySunnyvaleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94086ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Michael Sun
1294 Kifer Road Ste 703SunnyvaleCA94086CEO5.00$0
Charlie C Sun
1294 Kifer Road Ste 703SunnyvaleCA94086CFO5.00$0
Mary Wang
1294 Kifer Road Ste 703SunnyvaleCA94086Secretary5.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$640,231AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$330,385FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$970,616TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$970,616AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,559CashDeemedCharitableAmt
Net Vl Noncharitable Assets$956,057NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,803MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,803MinimumInvestmentReturnAmt
Tax Based On Investment Income$156TaxBasedOnInvestmentIncomeAmt
Total Tax$156TotalTaxAmt
Distributable Before Adj$47,647DistributableBeforeAdjAmt
Distributable Before Ded$47,647DistributableBeforeDedAmt
Distributable As Adjusted$47,647DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$167,430ExpensesAndContributionsAmt
Qualifying Distributions$167,430QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$156PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$167,274AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,647DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$16,138ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$16,138TotalExcessDistributionCyovAmt
Qualifying Distributions$167,430QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$47,647AppliedToCurrentYearAmt
Remaining Distri From Corpus$119,783RemainingDistriFromCorpusAmt
Total Corpus$135,921TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$135,921ExcessDistriCyovToNextYrAmt
Excess From Year2$16,138ExcessFromYear2Amt
Excess From Current Year$119,783ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMichael SunContributingManagerNm
Contributing ManagerCharlie C SunContributingManagerNm
Contributing ManagerMary WangContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
The Thatcher School
5025 Thacher RdOjaiCA93023N/APCGeneral Support$90,000
Shin Shin Educational Foundation
PO Box 399CupertinoCA95015N/APCGeneral Support$15,000
The Home of Christ Church
10340 Bubb RdCupertinoCA95014N/APCGeneral Support$2,000
Opera San Jose
2149 Paragon DrSan JoseCA95131N/APCGeneral Support$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$110,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,148ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$13,498ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$15,646ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,646TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$11,414Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$11,414DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmtLifeLifeRt
Building2015-03-31$163,349$37,664SL0.0345$5,632
Fixtures and Furniture2015-03-31$3,687$3,570200DB$1175.0000

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Furniture and Fixtures$3,687$3,687
Buildings$163,349$43,296$120,053$120,050
Land$163,346$163,346$163,349

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal FeesCategoryTxt
Legal Fees$45,292LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$45,292DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Filing Fees$65$65
Insurance$659$659
Rental Expenses$7,211$7,211

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryState TaxesCategoryTxt
Amt$841Amt

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