BETA

MING K JEANG FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MING K JEANG FOUNDATION (EIN 76-0454594)
Tax period
2019-12-01 to 2020-11-30
Filed
2021-02-23
IRS object ID
202110549349100211
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)
Return2021-02-23T14:58:30-08:00ReturnTs
Tax Period End2020-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN741810249PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Mosher Seifert & Co CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14701 PrestonAddressLine1Txt
CityPasadenaCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77505ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760454594EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MING K JEANG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMINGBusinessNameControlTxt
Phone2812860803PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114203 LOFTY MOUNTAIN TRLAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMING K JEANGPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2021-02-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH J SEIFERTPreparerPersonNm
PTINP01460899PTIN
Phone2819911099PhoneNum
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$411,877FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$3,288DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,288DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,288DividendsAdjNetIncmAmt
Total Rev And Expnss$3,288TotalRevAndExpnssAmt
Total Net Invst Incm$3,288TotalNetInvstIncmAmt
Total Adj Net Incm$3,288TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,250AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,250AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$54TaxesRevAndExpnssAmt
Taxes Net Invst Incm$54TaxesNetInvstIncmAmt
Printing And Pub Rev And Expnss$50PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$50PrintingAndPubNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,354TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,354TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$107,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$107,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$108,354TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,354TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$107,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$105,066ExcessRevenueOverExpensesAmt
Net Investment Income$1,934NetInvestmentIncomeAmt
Adjusted Net Income$3,288AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$329,874SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$222,288SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$222,288SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$164,424OtherInvestmentsBOYAmt
Other Investments EOY$189,589OtherInvestmentsEOYAmt
Other Investments EOYFMV$189,589OtherInvestmentsEOYFMVAmt
Total Assets BOY$494,298TotalAssetsBOYAmt
Total Assets EOY$411,877TotalAssetsEOYAmt
Total Assets EOYFMV$411,877TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$200,000CapitalStockBOYAmt
Capital Stock EOY$200,000CapitalStockEOYAmt
Additional Paid In Capital BOY$294,298AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$211,877AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$494,298TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$411,877TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$494,298TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$411,877TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$494,298TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$105,066ExcessRevenueOverExpensesAmt
Other Increases$22,645OtherIncreasesAmt
Subtotal$411,877SubtotalAmt
Tot Net Ast Or Fund Balances EOY$411,877TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$36,050AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$499,259NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.07221DistributionYr1Rt
Adjusted Qlfy Distri Yr2$20,550AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$508,903NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04038DistributionYr2Rt
Adjusted Qlfy Distri Yr3$21,300AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$508,614NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04188DistributionYr3Rt
Adjusted Qlfy Distri Yr4$33,550AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$523,166NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.06413DistributionYr4Rt
Adjusted Qlfy Distri Yr5$400AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$533,267NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.00075DistributionYr5Rt
Total Distribution0.219346TotalDistributionRt
Average Distribution0.043869AverageDistributionRt
Net Vl Noncharitable Assets$387,311NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$16,991AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$19NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$17,010AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$107,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$19InvestmentIncomeExciseTaxAmt
Subtotal$19SubtotalAmt
Tax Based On Investment Income$19TaxBasedOnInvestmentIncomeAmt
Tax Due$19TaxDueAmt

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 StateTXOrgReportOrRegisterStateCd
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 Line1MING K JEANGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2812860803PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line114203 LOFTY MOUNTAIN TRLAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77062ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MING K JEANG
14203 LOFTY MOUNTAIN TRAILHOUSTONTX77062PRESIDENT0.50$0
SHAO-SHAN HWANG JEANG
14203 LOFTY MOUNTAIN TRAILHOUSTONTX77062SECRETARY0.20$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$393,209AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$393,209TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$393,209AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,898CashDeemedCharitableAmt
Net Vl Noncharitable Assets$387,311NetVlNoncharitableAssetsAmt
Minimum Investment Return$19,366MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$19,366MinimumInvestmentReturnAmt
Tax Based On Investment Income$19TaxBasedOnInvestmentIncomeAmt
Total Tax$19TotalTaxAmt
Distributable Before Adj$19,347DistributableBeforeAdjAmt
Distributable Before Ded$19,347DistributableBeforeDedAmt
Distributable As Adjusted$19,347DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$107,000ExpensesAndContributionsAmt
Qualifying Distributions$107,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$19PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$106,981AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$19,347DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$7,426ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$11,141ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$18,567TotalExcessDistributionCyovAmt
Qualifying Distributions$107,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$19,347AppliedToCurrentYearAmt
Remaining Distri From Corpus$87,653RemainingDistriFromCorpusAmt
Total Corpus$106,220TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$106,220ExcessDistriCyovToNextYrAmt
Excess From Year4$7,426ExcessFromYear4Amt
Excess From Year1$11,141ExcessFromYear1Amt
Excess From Current Year$87,653ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMING K JEANGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WORLD YOUTH VALUE SOCIETY
9253 PIGEONWING PLCOLUMBIAMD21045NONE501(C)(3)GENERAL OPERATIONS SUPPORT/DONATION TO COVID-19 MASK FUND$7,000
UNIVERISTY OF ARIZONA FOUNDATION
1111 NORTH CHERRY AVENUETUSCONAZ85721NONE501(C)(3)SCHOLARSHIP ENDOWMENT FUNDS$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$107,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,288ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,288ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,288TotalIncomeProducingActyAmt

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 AND TAX PREPARATIONCategoryTxt
Amt$1,250Amt
Net Investment Income$1,250NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemEQUITY / EXCHANGE TRADED FUNDSCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$189,589BookValueAmt
EOYFMV$189,589EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINTERNAL REVENUE SERVICECategoryTxt
Amt$54Amt
Net Investment Income$54NetInvestmentIncomeAmt

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