FURP.ORG / PUBLIC DATA EXPLORER

FULU FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FULU FOUNDATION (EIN 36-4409239)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-06-10
IRS object ID
202111619349100206
Schema version
2020v4.1
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)
Return2021-06-10T10:17:42-04:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN462586516PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARCC CONSULTING CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11401 N Western Ave Ste 2AddressLine1Txt
CityLake ForestCityNm
State AbbreviationILStateAbbreviationCd
ZIP60045ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364409239EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FULU FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFULUBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 GraftonAddressLine1Txt
CityLake BluffCityNm
State AbbreviationILStateAbbreviationCd
ZIP60044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMou-Ying Fu LuPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8477575864PhoneNum
Signature2021-06-08SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMou-YingPersonFirstNm
Person LastFu LuPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonChitrak PatelPreparerPersonNm
PTINP01397594PTIN
Phone8472950671PhoneNum
Preparation2021-06-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$253,059FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Dividends Rev And Expnss$142DividendsRevAndExpnssAmt
Dividends Net Invst Incm$142DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$37,147NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$779,045GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$37,147CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$36,381NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$37,289TotalRevAndExpnssAmt
Total Net Invst Incm$37,289TotalNetInvstIncmAmt
Total Adj Net Incm$36,381TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$1,620OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$1,620OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,620TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,620TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,952ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,952ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,572TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,620TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$8,952TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$26,717ExcessRevenueOverExpensesAmt
Net Investment Income$37,289NetInvestmentIncomeAmt
Adjusted Net Income$34,761AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$13,641CashBOYAmt
Cash EOY$12,775CashEOYAmt
Cash EOYFMV$12,775CashEOYFMVAmt
Corporate Stock BOY$151,856CorporateStockBOYAmt
Corporate Stock EOY$179,439CorporateStockEOYAmt
Corporate Stock EOYFMV$240,284CorporateStockEOYFMVAmt
Total Assets BOY$165,497TotalAssetsBOYAmt
Total Assets EOY$192,214TotalAssetsEOYAmt
Total Assets EOYFMV$253,059TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$165,497NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$192,214NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$165,497TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$192,214TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$165,497TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$192,214TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$165,497TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$26,717ExcessRevenueOverExpensesAmt
Subtotal$192,214SubtotalAmt
Tot Net Ast Or Fund Balances EOY$192,214TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VARIOUSD2020-01-012020-12-31$691,630$658,493$33,137$33,137
VARIOUSD2020-01-012020-12-31$25,852$22,608$3,244$3,244
VARIOUSD2019-01-012020-12-31$54,048$50,465$3,583$3,583
VARIOUSD2019-01-012020-12-31$7,515$6,939$576$576
VARIOUSD2019-01-012020-12-31$3,393-$3,393-$3,393
FieldValueIRS element (for citing)
Capital Gain Net Income$37,147CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$36,381NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$518InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$518SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$518TaxBasedOnInvestmentIncomeAmt
Tax Due$518TaxDueAmt

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 StateILOrgReportOrRegisterStateCd
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
Individual With BooksShau-Zou LuIndividualWithBooksNm
Phone8477575864PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1195 Grafton CourtAddressLine1Txt
CityLake BluffCityNm
State AbbreviationILStateAbbreviationCd
ZIP60044ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Mou-Ying Fu Lu
195 Grafton CourtLake BluffIL60044President0.00$0$0$0
Shau-Zou Lu
195 Grafton CourtLake BluffIL60044Treasurer0.00$0$0$0
Eva Lu Bonn
ResidenceRvanstonIL60029Director0.00$0$0$0
Linda Lu
ResidenceGlenviewIL60025Director0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$129,599AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$42,551AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$172,150TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$172,150AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,582CashDeemedCharitableAmt
Net Vl Noncharitable Assets$169,568NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,478MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,478MinimumInvestmentReturnAmt
Tax Based On Investment Income$518TaxBasedOnInvestmentIncomeAmt
Total Tax$518TotalTaxAmt
Distributable Before Adj$7,960DistributableBeforeAdjAmt
Distributable Before Ded$7,960DistributableBeforeDedAmt
Distributable As Adjusted$7,960DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,952ExpensesAndContributionsAmt
Qualifying Distributions$8,952QualifyingDistributionsAmt
Adjusted Qualifying Distri$8,952AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,960DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$10,679ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$7,395ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$18,074TotalExcessDistributionCyovAmt
Qualifying Distributions$8,952QualifyingDistributionsAmt
Applied To Current Year$7,960AppliedToCurrentYearAmt
Remaining Distri From Corpus$992RemainingDistriFromCorpusAmt
Total Corpus$19,066TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$19,066ExcessDistriCyovToNextYrAmt
Excess From Year2$10,679ExcessFromYear2Amt
Excess From Year1$7,395ExcessFromYear1Amt
Excess From Current Year$992ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDR SHAU-ZOU LURecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1195 GRAFTON COURTAddressLine1Txt
CityLake BluffCityNm
State AbbreviationILStateAbbreviationCd
ZIP60044ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8472952539RecipientPhoneNum
Form And Info And MaterialsNO PARTICULAR FORM REQUIREDFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsONLY EDUCATIONAL, RELIGIOUS, OR CHARITABLE PURPOSERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
Heritage Museum of Asian Art
218 W 26th StChicagoIL60616CharityFor charitable purposes$1,000
Chicago Botanic Garden
1000 Lake Cook RdGlencoeIL60022CharityFor charitable purposes$524
Turning Point
8324 Skokie BlvdSkokieIL60077CharityFor charitable purposes$90
Doctors Without Borders
PO Box 5030HagerstownMD21741CharityFor charitable purpose$65
Kindness Connection
2052 Northbrook CtNorthbrookIL60062CharityFor charitable purpose$1,000
St Josephs Indian School
1301 North Main StreetChamberlainSD57325CharityFor charitable purpose$10
NOIL Food Bank
273 Dearborn CourtGenevaIL60134CharityFor charitable purpose$60
The Community Church
PO Box 26Lake BluffIL60044CharityFor charitable purpose$4,171
The Doctor Redwood City
1401 N Western Ave Ste 2Lake ForestIL60045CharityFor charitable purpose$58
Nature Conservancy
400 N Michigan AveChicagoIL60611CharityFor charitable purpose$15
Sierra Club
70 E Lake StChicagoIL60601CharityFor charitable purpose$15
The Carter Center
453 John Lewis Freedom PkwyAtlantaGA30307CharityFor charitable purpose$25
LBOLA
250 Rockland RdLake BluffIL60044CharityFor charitable purpose$40
WTTW Chicago
5400 N St Louis AveChicagoIL60625CharityFor charitable purpose$108
Clarkson University
8 Clarkson AvePotsdamNY13699CharityFor charitable purpose$400
American Cancer Society
225 Michigan AveChicagoIL60601CharityFor charitable purpose$40
Boys Girls Club of Chicago
2102 W Monroe StreetChicagoIL60612CharityFor charitable purpose$100
Northfield Food Pantry
2550 Waukegan RdGlenviewIL60025CharityFor charitable purpose$50
Rotary Club
65 W Jackson BlvdChicagoIL60604CharityFor charitable purpose$451PF
San Fran Edu
2350 Turk BlvdSan FranciscoCA94118CharityFor charitable purpose$250
Openlands
25 E Washington StChicagoIL60602CharityFor charitable purpose$200
Lake Bluff Parks
355 W Washington AveLake BluffIL60044CharityFor charitable purpose$125PF
WFMT Chicago
5400 N St Louis AveChicagoIL60625CharityFor charitable purpose$35
Friends of the LA
123 E Scranton AveLake BluffIL60044CharityFor charitable purpose$25
Running Strong
8301 Richmond HighwayAlexandriaVA22309CharityFor charitable purpose$10
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,867TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,270ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$40,540ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$41,810ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$41,810TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
Shau-Zou Lu
1195 Grafton CourtLake BluffIL60044$8,305Yes (X)
Mou-Ying Fu Lu
2195 Grafton CourtLake BluffIL60044$8,305Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmt
1Meeting and administrative expenses$0
2Office and administrative expenses$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSTOCKSStockNm
EOY Book Value$179,439EOYBookValueAmt
EOYFMV$240,284EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Tax Preparation$1,500$0$1,500$0
Taxes$82$0$82$0
Postage$13$0$13$0
Annual Report Fee$25$0$25$0