DANIEL HAIMING & CAI LI CHANG FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DANIEL HAIMING & CAI LI CHANG FAMILY FOUNDATION (EIN 81-1567287)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202143169349100329
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T08:51:44-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 811567287 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daniel Haiming & Cai Li Chang Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | DANI | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAI LI CHANG | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAI LI | PersonFirstNm |
| Person Last | CHANG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $10,747,926 | 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 | $3,942,053 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $243 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $243 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $82,901 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $82,901 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $48,880 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $940,308 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $390,305 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,074,077 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $473,449 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $33,972 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $33,972 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,329 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,729 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $26,135 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $346 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $25,789 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $63,436 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $36,047 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $25,789 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $142,586 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $142,586 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $206,022 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $36,047 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $168,375 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,868,055 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $437,402 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $31,593 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $50,742 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $50,742 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,524,470 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,373,376 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,697,184 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $4,556,063 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,424,118 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,747,926 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,556,063 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,424,118 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,556,063 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,424,118 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,556,063 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,424,118 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,556,063 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,868,055 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,424,118 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,424,118 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $940,308 | GrossSalesPriceAmt |
| Cost Or Other Basis | $550,003 | CostOrOtherBasisAmt |
| Gain Or Loss | $390,305 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $390,305 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $390,305 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,080 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,080 | SubtotalAmt |
| Tax Based On Investment Income | $6,080 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,734 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,350 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $6,084 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $4 | OverpaymentAmt |
| Applied To ES Tax | $4 | 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Cai Li Chang | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Daniel Hai-ming Chang | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,840,259 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $98,253 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,938,512 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,938,512 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $89,078 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,849,434 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $292,472 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $292,472 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,080 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,080 | TotalTaxAmt |
| Distributable Before Adj | $286,392 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $286,392 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $286,392 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $168,375 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $168,375 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $168,375 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $286,392 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $168,375 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $168,375 | QualifyingDistributionsAmt |
| Applied To Year1 | $168,375 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $286,392 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Cai Li Chang | ContributingManagerNm |
| Contributing Manager | Daniel Hai-ming Chang | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN CHINESE CULTURE AND EDUCATION FOUNDATION | |||||||
| PO BOX 723008 | SAN DIEGO | CA | 92172 | N/A | PC | General & Unrestricted | $1,000 |
| AMERICAN CHINESE CULTURE AND EDUCATION FOUNDATION | |||||||
| PO BOX 723008 | SAN DIEGO | CA | 92172 | N/A | PC | Covid-19 Fund | $20,000 |
| AMERICAN CHINESE CULTURE AND EDUCATION FOUNDATION | |||||||
| PO BOX 723008 | SAN DIEGO | CA | 92172 | N/A | PC | Coronavirus Fund | $2,000 |
| AUSABLE RIVER ASSOCIATION INC | |||||||
| PO BOX 8 | WILMINGTON | NY | 12997 | N/A | PC | General & Unrestricted | $500 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | |||||||
| 200 SEAPORT BLVD MZ NM43A | BOSTON | MA | 02210 | N/A | PC | Chang Family Donor Advised Fund | $113,086 |
| FRIENDS OF COAST WALK TRAIL | |||||||
| 1515 COAST WALK | LA JOLLA | CA | 92037 | N/A | PC | General & Unrestricted | $500 |
| FRIENDS OF WE CHINESE IN AMERICA | |||||||
| 4151 CLAIREMONT MESA BLVD | SAN DIEGO | CA | 92117 | N/A | PC | General & Unrestricted | $500 |
| SAN DIEGO CHINESE AMERICAN ASSOCIATION | |||||||
| 7323 CONVOY COURT B111 | SAN DIEGO | CA | 92111 | N/A | PC | Covid-19 Fund | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $142,586 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $243 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $82,901 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $48,880 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $132,024 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $132,024 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Chang Family Irrevocable Trust | ||||||
| 1 | 1535 Coast Walk | La Jolla | CA | 92037 | $2,266,388 | Yes (X) |
| Chang Family Revocable Trust | ||||||
| 2 | 1535 Coast Walk | La Jolla | CA | 92037 | $1,675,665 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (20 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | NETEASE.COM INC COM STK NTES, 600 sh. | $271,404 | 2020-07-08 |
| 1 | JD.COM, INC JD, 2800 sh. | $228,816 | 2020-12-22 |
| 1 | ALIBABA GROUP HOLDING LTD BABA, 1500 sh. | $385,313 | 2020-12-22 |
| 1 | IAC INTERACTIVE CORP IAC, 700 sh. | $125,797 | 2020-12-22 |
| 1 | MATCH GROUP INC MTCH, 1510 sh. | $235,326 | 2020-12-22 |
| 1 | MONSTER BEVERAGE CORP MNST, 1000 sh. | $88,405 | 2020-12-22 |
| 1 | ACTIVISION BLIZZARD INC ATVI, 1000 sh. | $88,955 | 2020-12-22 |
| 1 | NVIDIA CORP NVDA, 200 sh. | $105,565 | 2020-12-22 |
| 1 | APPLIED MATERIALS INC AMAT, 3800 sh. | $327,085 | 2020-12-22 |
| 1 | WALT DISNEY HOLDINGS CO DIS, 535 sh. | $91,113 | 2020-12-22 |
| 1 | AIR PRODS & CHEM INC APD, 400 sh. | $105,258 | 2020-12-22 |
| 1 | ABBOTT LABS ABT, 1348.262 sh. | $145,612 | 2020-12-22 |
| 1 | STARBUCKS CORP COM SBUX, 500 sh. | $51,265 | 2020-12-22 |
| 1 | LOWES COMPANIES INC LOW, 100 sh. | $16,474 | 2020-12-22 |
| 2 | NETEASE.COM INC COM STK NTES, 250 sh. | $122,659 | 2020-07-09 |
| 2 | INTEL CORP INTC, 4100 sh. | $188,826 | 2020-12-22 |
| 2 | APPLE INC AAPL, 4720 sh. | $623,182 | 2020-12-22 |
| 2 | NASDAQ OMX GROUP NDAQ, 2200 sh. | $282,832 | 2020-12-22 |
| 2 | MASTERCARD INC MA, 432 sh. | $144,033 | 2020-12-22 |
| 2 | SVB FINANCIAL GROUP SIVB, 850 sh. | $314,135 | 2020-12-22 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (100 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $291,961 | $366,601 |
| ABBVIE INC | $56,190 | $62,790 |
| ACTIVISION BLIZZARD INC | $106,322 | $129,990 |
| ADOBE SYSTEMS, INC | $59,782 | $70,017 |
| AIR PRODS & CHEM INC | $183,753 | $218,576 |
| ALIBABA GROUP HOLDING LTD | $385,312 | $349,095 |
| ALPHABET INC CL A | $31,607 | $52,579 |
| AMAZON COM | $26,672 | $113,993 |
| AMGEN INC | $36,570 | $45,984 |
| AMPHENOL CORPORATION | $41,631 | $65,385 |
| ANALOG DEVICES INC | $77,790 | $137,389 |
| APPLE INC | $656,424 | $732,448 |
| APPLIED MATERIALS INC | $410,775 | $491,909 |
| BANK OF AMERICA CORP | $80,661 | $98,508 |
| BAYER A G SPONSORED ADR | $15,965 | $14,840 |
| BLACKROCK INC | $58,935 | $93,800 |
| BOEING CO | $58,161 | $42,812 |
| BRISTOL-MYERS SQUIBB CO | $58,109 | $62,030 |
| CAPITAL ONE FINANCIAL CORP | $18,020 | $19,770 |
| CARRIER GLOBAL | $6,195 | $11,316 |
| CATERPILLAR INC | $54,812 | $72,808 |
| CENTENE CORP | $19,358 | $18,009 |
| CHECK POINT SOFTWARE TECHNOLOG | $112,850 | $132,910 |
| CHENIERE ENERGY INC | $11,389 | $12,006 |
| CHEVRON CORP | $23,556 | $16,890 |
| CIGNA CORPORATION | $47,599 | $32,892 |
| CISCO SYSTEMS INC | $65,437 | $67,125 |
| CITIGROUP INC | $23,792 | $24,664 |
| COMERICA INC | $43,498 | $33,516 |
| CORTEVA INC | $6,413 | $9,022 |
| COSTCO WHOLESALE CORPORATION | $215,492 | $267,514 |
| CSX CORP | $39,684 | $72,600 |
| CVS CAREMARK CORP | $39,609 | $40,980 |
| D R HORTON | $4,843 | $10,338 |
| DEERE CO | $89,877 | $161,430 |
| DELL TECHNOLOGIES INC CLASS C | $253,052 | $370,700 |
| DEXCOM, INC | $12,624 | $11,092 |
| DIAGEO PLC ADS | $61,924 | $68,288 |
| DOW INC | $25,021 | $27,750 |
| EAST WEST BANCORP, INC | $44,705 | $45,639 |
| ELI LILLY & CO | $84,380 | $101,304 |
| EOG RESOURCES INC | $21,456 | $9,974 |
| EXPEDITORS INTL WASH INC | $66,622 | $87,501 |
| EXXON MOBIL CORP | $58,750 | $32,976 |
| FIRST REPUBLIC BANK | $27,173 | $44,079 |
| FREEPORT-MCMORAN COPPER & GOLD | $10,592 | $26,020 |
| GLOBE LIFE INC | $79,969 | $71,220 |
| GOLDMAN SACHS GROUP | $34,511 | $52,742 |
| HALLIBURTON COMPANY | $14,663 | $11,340 |
| HOME DEPOT INC | $66,206 | $79,686 |
| HONEYWELL INTL | $62,791 | $95,715 |
| HSBC HOLDINGS PLC | $53,152 | $28,501 |
| IAC INTERACTIVE CORP | $172,067 | $246,155 |
| ILLINOIS TOOL WORKS | $30,714 | $46,892 |
| INTEL CORP | $188,826 | $204,262 |
| INTUIT | $55,850 | $79,769 |
| JD.COM, INC | $228,816 | $246,120 |
| JP MORGAN CHASE | $51,744 | $69,889 |
| KANSAS CITY SOUTHERN | $32,499 | $61,239 |
| L3HARRIS TECHNOLOGIES | $34,205 | $49,145 |
| LINDE PLC COM | $37,625 | $52,702 |
| LOCKHEED MARTIN CORP | $27,285 | $35,498 |
| LOWES COMPANIES INC | $27,186 | $32,102 |
| LVMH MOET HENN UNSP | $52,650 | $112,257 |
| MARTIN MARIETTA MATLS INC | $64,869 | $78,092 |
| MASTERCARD INC | $144,033 | $154,198 |
| MATCH GROUP INC | $334,219 | $424,087 |
| MEDTRONIC PLC | $33,479 | $46,856 |
| MERCADOLIBRE, INC | $58,360 | $167,522 |
| MICROSOFT CORP | $31,927 | $66,726 |
| MONSTER BEVERAGE CORP | $88,405 | $92,480 |
| MORGAN STANLEY | $57,136 | $90,460 |
| NASDAQ OMX GROUP | $282,832 | $292,028 |
| NEW ORIENTAL ED & TECHNOLOGY G | $123,015 | $185,810 |
| NICE SYSTEMS LTD | $26,210 | $56,708 |
| NORFOLK SOUTHERN CORP | $78,648 | $142,566 |
| NVIDIA CORP | $133,581 | $208,880 |
| OCCIDENTAL PETROLEUM CORP | $6,791 | $2,527 |
| OCCIDENTAL PETROLEUM CORP WARR | $89 | $123 |
| ORACLE CORP | $27,828 | $32,345 |
| PAYPAL HOLDINGS, INC | $95,965 | $234,200 |
| PULTE GROUP INC | $4,878 | $8,624 |
| QUALCOMM INC | $80,114 | $137,106 |
| RAYTHEON TECHNOLOGIES CORP | $48,772 | $54,777 |
| REGENERON PHARMACEUTICALS INC | $137,831 | $108,700 |
| RESMED INC | $54,550 | $106,280 |
| SALESFORCE.COM | $46,032 | $77,886 |
| SCHLUMBERGER LTD | $11,697 | $6,549 |
| STARBUCKS CORP COM | $66,059 | $74,886 |
| STRYKER CORPORATION | $52,957 | $85,764 |
| SVB FINANCIAL GROUP | $314,134 | $329,656 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $124,560 | $250,792 |
| THERMO FISHER SCIENTIFIC INC | $130,302 | $209,601 |
| UNION PACIFIC | $31,236 | $62,466 |
| V F CORP | $5,801 | $8,541 |
| VALERO ENERGY CORP | $43,677 | $45,256 |
| VISA INC | $121,070 | $147,643 |
| WALT DISNEY HOLDINGS CO | $108,963 | $124,108 |
| WHIRLPOOL CORP | $14,180 | $14,439 |
| ZIMMER BIOMET HOLDINGS | $13,074 | $15,409 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $25,764 | $25,764 | |
| Bank Charges | $346 | $346 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $33,972 | Amt |
| Net Investment Income | $33,972 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Chang Family Irrevocable Trust | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1535 Coast Walk | AddressLine1Txt |
| City | La Jolla | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $1,600 | |
| Foreign Tax Paid | $1,729 | $1,729 |
Comments