BETA

SUNRISE FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SUNRISE FOUNDATION (EIN 65-1288276)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-04-29
IRS object ID
202121199349101902
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)
Return2021-04-29T22:07:03-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN208786289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KIM & LEE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12305 W 190TH STAddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90504ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN651288276EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUNRISE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSUNRBusinessNameControlTxt
Phone9093731555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHIN H HWANGPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone9093731555PhoneNum
Signature2021-03-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHINPersonFirstNm
Person LastHWANGPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES S KIMPreparerPersonNm
PTINP01057772PTIN
Phone2133876000PhoneNum
Preparation2021-04-27PreparationDt
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$3,177,909FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$500,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$37,843InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$37,843InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$37,843InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$21,630DividendsRevAndExpnssAmt
Dividends Net Invst Incm$21,630DividendsNetInvstIncmAmt
Dividends Adj Net Incm$21,630DividendsAdjNetIncmAmt
Total Rev And Expnss$559,473TotalRevAndExpnssAmt
Total Net Invst Incm$59,473TotalNetInvstIncmAmt
Total Adj Net Incm$59,473TotalAdjNetIncmAmt
Taxes Rev And Expnss$2,987TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$35OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,022TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$431,299ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$431,299ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$434,321TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$431,299TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$125,152ExcessRevenueOverExpensesAmt
Net Investment Income$59,473NetInvestmentIncomeAmt
Adjusted Net Income$59,473AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,391,583CashBOYAmt
Cash EOY$24,309CashEOYAmt
Cash EOYFMV$24,309CashEOYFMVAmt
Sav And Temp Cash Invst EOY$2,470,295SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,470,295SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,366,002CorporateStockBOYAmt
Corporate Stock EOY$1,394,759CorporateStockEOYAmt
Corporate Stock EOYFMV$683,305CorporateStockEOYFMVAmt
Total Assets BOY$3,757,585TotalAssetsBOYAmt
Total Assets EOY$3,889,363TotalAssetsEOYAmt
Total Assets EOYFMV$3,177,909TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,757,585NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,889,363NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,757,585TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,889,363TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,757,585TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,889,363TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,757,585TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$125,152ExcessRevenueOverExpensesAmt
Other Increases$7,126OtherIncreasesAmt
Subtotal$3,889,863SubtotalAmt
Other Decreases$500OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,889,363TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$827InvestmentIncomeExciseTaxAmt
Subtotal$827SubtotalAmt
Tax Based On Investment Income$827TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$18EsPenaltyAmt
Tax Due$845TaxDueAmt

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
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
Individual With BooksSUNNY HWANGIndividualWithBooksNm
Phone9093731555PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SUNNY HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730PRESIDENT000.00$0$0$0
CHIN H HWANG
8949 BUFFALO AVERANCHO CUCAMONGACA91730SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$912,300AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,440,504AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,352,804TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,352,804AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$50,292CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,302,512NetVlNoncharitableAssetsAmt
Minimum Investment Return$165,126MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$165,126MinimumInvestmentReturnAmt
Tax Based On Investment Income$827TaxBasedOnInvestmentIncomeAmt
Total Tax$827TotalTaxAmt
Distributable Before Adj$164,299DistributableBeforeAdjAmt
Distributable Before Ded$164,299DistributableBeforeDedAmt
Distributable As Adjusted$164,299DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$431,299ExpensesAndContributionsAmt
Qualifying Distributions$431,299QualifyingDistributionsAmt
Adjusted Qualifying Distri$431,299AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$164,299DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$339,919ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$344,687ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$300,490ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$293,770ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,278,866TotalExcessDistributionCyovAmt
Qualifying Distributions$431,299QualifyingDistributionsAmt
Applied To Current Year$164,299AppliedToCurrentYearAmt
Remaining Distri From Corpus$267,000RemainingDistriFromCorpusAmt
Total Corpus$1,545,866TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,545,866ExcessDistriCyovToNextYrAmt
Excess From Year4$339,919ExcessFromYear4Amt
Excess From Year3$344,687ExcessFromYear3Amt
Excess From Year2$300,490ExcessFromYear2Amt
Excess From Year1$293,770ExcessFromYear1Amt
Excess From Current Year$267,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN RED CROSS
431 18TH STREET NWWASHINGTONDC20006DONATION$1,000
BERENDO STREET BAPTIST CHURCH
975 S BERENDO STLOS ANGELESCA90006DONATION$500
COMPASSION INT'L
12290 VOYAGER PKWYCOLORADO SPRINGSCO80921DONATION$3,000
DOORAE COMMUNITY MOVEMENT
9552 HOUNGHTON RDBAKERSFIELDCA93311DONATION$2,400
FOCUS ON THE FAMILY
8605 EXPLORER DRCOLORADO SPRINGSCO80920DONATION$2,000
HAPPY VILLAGE
690 WILSHIRE PLLOS ANGELESCA90005DONATION$12,000
INLAND CHURCH
1101 N GLEN AVEPOMONACA91768DONATION$80,000
KASEC
13353 ALONDRA BLVD 110SANTA FE SPRINGSCA90670DONATION$1,000
KIMBO FOUNDATION
72 SANTA ANA AVESAN FRANCISCOCA94127SCHOLARSHIP$305,000
WILLIAM JESSUP UNIVERSITY
2121 UNIVERSITY AVEROCKLINCA95765SCHOLARSHIP$20,000
WORLD VISION
PO BOX 9716FEDERAL WAYWA98063DONATION$1,399
ZION MOUNTAIN FOUNDATION
1382 E FOOTHILL BLVDUPLANDCA91786DONATION$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$431,299TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$37,843ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,630ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$59,473ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$59,473TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1CORNERSTONE PROPERTIES LLCBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line18949 BUFFALO AVEAddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd
FieldValueIRS element (for citing)
Total Contributions$500,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockAXA ADVISORSStockNm
EOY Book Value$1,394,759EOYBookValueAmt
EOYFMV$683,305EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescNONQUALIFIED ORG DONATIONDesc
Amt$500Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OTHER EXPENSE$35

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNONDIVIDEND DISTRIBUTIONDesc
Amt$7,126Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmt
REGISTRATION FEES$95
FEDERAL TAXES$2,882
STATE INCOME TAX$10

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