CHUNG CHARITABLE FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHUNG CHARITABLE FOUNDATION INC (EIN 77-0607988)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-26
- IRS object ID
- 202141469349100714
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-26T14:54:29-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330943985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOPHIA MC YANG & CO CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17534 VON KARMAN AVE | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770607988 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHUNG CHARITABLE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHUN | BusinessNameControlTxt |
| Phone | 9496608988 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 DOVE ST STE 300 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTINE CHUNG | PersonNm |
| Person Title | Vice President | PersonTitleTxt |
| Signature | 2021-05-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRISTINE | PersonFirstNm |
| Person Last | CHUNG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sophia Yang | PreparerPersonNm |
| PTIN | P01343930 | PTIN |
| Phone | 9496518080 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $5,374,042 | 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 | $1,510,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $71,827 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $71,827 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $50,087 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $50,087 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $12,377 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $648,119 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,377 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,644,291 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $134,291 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $3,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $3,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $9,150 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,025 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $125 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,888 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $388 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $19,238 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,413 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,325 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $114,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $114,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $133,938 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,413 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $118,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,510,353 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $124,878 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $739,168 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,526,776 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,526,776 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,270,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $600,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,270,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,270,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,035,732 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,088,477 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,577,266 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,374,900 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,885,253 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,374,042 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,374,900 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,885,253 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,374,900 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,885,253 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,374,900 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,885,253 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,374,900 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,510,353 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,885,253 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,885,253 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (19 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 7933.3690 PIMCO INCOME INSTL:PIMIX | P | 2020-01-01 | 2020-09-01 | $93,358 | $95,036 | -$1,678 | -$1,678 |
| 2000.0000 INVESTCO PREFERRED ETF:PGX | P | 2017-07-14 | 2020-07-09 | $28,447 | $30,158 | -$1,711 | -$1,711 |
| 2500.0000 INVESTCO PREFERRED ETF:PGX | P | 2017-08-21 | 2020-07-09 | $35,559 | $37,566 | -$2,007 | -$2,007 |
| 1500.0000 INVESTCO PREFERRED ETF:PGX | P | 2017-09-08 | 2020-07-09 | $21,335 | $22,584 | -$1,249 | -$1,249 |
| 500.0000 INVESCO PREFERRED ETF | P | 2018-07-16 | 2020-07-09 | $7,112 | $7,302 | -$190 | -$190 |
| 525.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2017-08-21 | 2020-02-07 | $41,658 | $30,406 | $11,252 | $11,252 |
| 700.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-01-18 | 2020-02-07 | $55,544 | $46,687 | $8,857 | $8,857 |
| 450.000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-03-07 | 2020-02-07 | $35,707 | $29,153 | $6,554 | $6,554 |
| 1025.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-04-05 | 2020-02-07 | $81,333 | $65,267 | $16,066 | $16,066 |
| 250.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-04-05 | 2020-03-03 | $17,952 | $15,919 | $2,033 | $2,033 |
| 200.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-05-29 | 2020-03-03 | $14,362 | $12,836 | $1,526 | $1,526 |
| 534.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-07-16 | 2020-03-03 | $38,346 | $35,729 | $2,617 | $2,617 |
| 466.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-07-16 | 2020-03-12 | $27,970 | $31,179 | -$3,209 | -$3,209 |
| 534.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-09-19 | 2020-03-12 | $32,051 | $37,230 | -$5,179 | -$5,179 |
| 1036.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-09-19 | 2020-03-20 | $57,632 | $72,229 | -$14,597 | -$14,597 |
| 430.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-09-18 | 2020-04-02 | $25,452 | $29,979 | -$4,527 | -$4,527 |
| 542.0000 SCHWAB US LARGE CAP ETF: SCHX | P | 2018-10-19 | 2020-04-02 | $32,082 | $35,788 | -$3,706 | -$3,706 |
| 10.00000 SCHWAB US LARGE CAP ETF IV: SCHX | P | 2019-04-12 | 2020-10-14 | $840 | $694 | $146 | $146 |
| Capital Gain Dividends | $1,379 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,377 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$1,678 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,736 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,736 | SubtotalAmt |
| Tax Based On Investment Income | $1,736 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,196 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,196 | TotalPaymentsAndCreditsAmt |
| Overpayment | $5,460 | OverpaymentAmt |
| Applied To ES Tax | $5,460 | AppliedToESTaxAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | 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 | CHRISTINE CHUNG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9496608988 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 DOVE ST STE 300 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 926602850 | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| NELSON CHUNG | ||||||
| 1000 DOVE ST STE 300 | NEWPORT BEACH | CA | 926602850 | President | 1.00 | $0 |
| CHRISTINE CHUNG | ||||||
| 1000 DOVE ST STE 300 | NEWPORT BEACH | CA | 926602850 | Vice President | 1.00 | $0 |
| JENNIFER CHUNG | ||||||
| 1000 DOVE ST STE 300 | NEWPORT BEACH | CA | 926602850 | Vice President | 12.00 | $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 | $2,264,530 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $280,095 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,130,417 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,675,042 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,675,042 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $55,126 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,619,916 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $180,996 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $180,996 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,736 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,736 | TotalTaxAmt |
| Distributable Before Adj | $179,260 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $179,260 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $179,260 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $118,025 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $118,025 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $118,025 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $179,260 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $108,472 | UndistributedIncomePYAmt |
| Qualifying Distributions | $118,025 | QualifyingDistributionsAmt |
| Applied To Year1 | $108,472 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,553 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $169,707 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NELSON CHUNG | ContributingManagerNm |
| Contributing Manager | CHRISTINE CHUNG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY CHARITABLE | |||||||
| PO BOX 770001 | CINCINNATI | OH | 45277 | N/A | PC | GENERAL & UNRESTRICTED | $77,000 |
| SOPHIE CHENG | |||||||
| 63 WINDINGWAY | IRVINE | CA | 92614 | NONE | I | SCHOLARSHIP | $2,000 |
| ELLIE YA-SHUAN CHENG | |||||||
| 33 CANYON WOOD | IRVINE | CA | 92620 | NONE | I | SCHOLARSHIP | $2,500 |
| AMOS HEALTH HOPE | |||||||
| 3088 HABERLIEN RD | GIBSONIA | PA | 15044 | N/A | PC | GENERAL & UNRESTRICTED | $10,000 |
| CCLIFE | |||||||
| 670 BONDED PKWY | STREAMWOOD | IL | 60107 | N/A | PC | GENERAL AND UNRESTRICTED | $1,000 |
| BETHIA ACKERMAN | |||||||
| 36943 REGENCY PLANCE | PALMDALE | CA | 93552 | NONE | I | SCHOLARSHIP | $1,000 |
| SALLY CHENG | |||||||
| 63 WINDING WAY | IRVINE | CA | 92614 | NONE | I | SCHOLARSHIP | $200 |
| MARINERS CHRISTIAN SCHOOL | |||||||
| 300 FISCHER AVENUE | COSTA MESA | CA | 92626 | NONE | PC | GENERAL & UNRESTRICTED | $500 |
| LOGOS EVANGELICAL SEMINARY | |||||||
| 9358 TELSTAR AVE | EL MONTE | CA | 91731 | NONE | PC | GENERAL & UNRESTRICTED | $5,000 |
| ELIJAH WEN | |||||||
| 169 KENSINGTON PARK | IRVINE | CA | 92606 | NONE | I | SCHOLARSHIP | $10,000 |
| EVAN WAYEN CHENG | |||||||
| 33 CANYON WOOD | IRVINE | CA | 92620 | NONE | I | SCHOLARSHIP | $500 |
| NINA NICOLE GONZALES | |||||||
| 376 SANTA ANA BARBARA | IRVINE | CA | 92606 | NONE | I | SCHOLARSHIP | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $114,700 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $71,827 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $50,087 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,377 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $134,291 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $134,291 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | CHUNG NELSON P | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 HORIZON STREET | AddressLine1Txt |
| City | NEWPORT COAST | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92657 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,510,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $3,200 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,200 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (26 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1000 AT & T INC COM | $34,508 | $28,760 |
| 40 HOVNANIAN ENTERPRISE INC CL A | $3,488 | $1,314 |
| 500 SPDR SER TR S&P HOMEBUILDERS ETF(XHB | $13,993 | $28,820 |
| 5000 BARRICK GOLD CORP COMN PV | $82,137 | $113,900 |
| 275 ARCONIC INC COM | $2,256 | $8,195 |
| 6198 SCHWAB US LARGE CAP ETF | $406,281 | $563,708 |
| 143.292 FIDELITY BLUE CHIP GROWTH | $14,862 | $23,368 |
| 175 BIOGEN INC | $39,452 | $42,851 |
| 555 JOHNSON & JOHNSON | $75,280 | $87,346 |
| 650 LOWES COMPANIES INC | $72,933 | $104,332 |
| 470 3M CO | $76,397 | $82,151 |
| 2850 SCHWAB EMERGING MARKETS EQUITY ETF | $72,970 | $87,353 |
| 2300 SCHWAB US AGGREGATE BOND ETF | $122,988 | $128,869 |
| 15170.5790 DOUBLELINE TOTAL RETURN BD FD | $163,054 | $162,325 |
| 2487.5620 RIVERNORTH DOUBLELINE ST RAT | $25,018 | $26,095 |
| 9075 SCHWAB INTERNATIONAL EQUITY ETF | $293,638 | $326,791 |
| 448 AUTO DATA PROCESSING | $59,453 | $78,938 |
| 374 CINTAS CORP | $60,884 | $132,194 |
| 378 FACEBOOK INC | $78,500 | $103,254 |
| 1196 INTEL CORP | $79,414 | $59,585 |
| 738 MEDTRONIC PLC | $73,972 | $86,449 |
| 400 STRYKER CORP | $57,284 | $98,016 |
| 568 T ROWE PRICE GROUP | $78,137 | $85,990 |
| 13236.8420 LORD ABBETT SHORT DURATI | $55,366 | $55,727 |
| 2810.7510 RIVERNORTH DOUBLELINE ST R | $29,000 | $29,541 |
| 1100 HOWMET AEROSPACE INC COM | $17,212 | $31,394 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)
| Balance DueBalanceDueAmt |
|---|
| CALIFORNIA HIGHLAND ENTERPRISE |
| $600,000 |
| TORRANCE HOMES LLC |
| $670,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| DELAWARE AGENT ANNUAL FEE | $125 | $0 | $0 | $125 |
| INVESTMENT MANAGEMENT SERVICES | $9,025 | $9,025 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL INCOME TAX | $6,500 | |
| FOREIGN TAX PAID ON DIVIDEND INCOME | $388 | $388 |
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