2020-11-30T15:34:38-06:00 2020-06-30 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2019-07-01 980477422 THE CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC C/O GMA FOUNDATIONS CHIN 6174267080 2 LIBERTY SQUARE NO 500 BOSTON MA 02109 SALOME YP LAM CLERK 6174267080 2020-11-30 1 EUGENE BORGONZI P01269879 6172276161 2020-11-30 2019 2022-09-23 18:48:47Z CHIEN LEE 2 LIBERTY SQUARE NO 500 BOSTON MA 02109 205473 0 X N/A X 2005 MA TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 4 4 0 5 0 0 431064 204688 0 0 64 785 0 0 431128 205473 443466 270944 0 0 0 0 0 0 1009 28228 29786 471694 300730 -40566 -95257 190807 95864 18758 19072 172049 76792 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 0 0 270944 270944 0 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 270944 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA CA NJ IL X GMA FOUNDATIONS 6174267080 2 LIBERTY SQUARE SUITE 500 BOSTON MA 02109 X SHING-TUNG YAU DIRECTOR 0.10 X 0 0 0 CHIEN LEE PRESIDENT/DIRECTOR 0.10 X X 0 0 0 BENJAMIN W WAH TREASURER/DIRECTOR(REMOVED 12/29/19) 0.05 X X 0 0 0 ROCKY S TUAN TREASURER (APPOINTED 12/30/19)/DIRECTOR 0.10 X X 0 0 0 ALAN KL CHAN APPOINTED 1120 DIRECTOR 0.05 X 0 0 0 SALOME YP LAM CLERK 0.40 X 0 0 0 0 0 0 0 0 0 0 0 204688 204688 785 785 205473 0 0 785 270944 270944 22287 21278 1009 851 851 5173 5173 FILING FEES 1475 1475 300730 270944 28777 1009 30435 65686 2740 2746 1500 200 3232 3232 152900 24000 190807 95864 18758 19072 18758 19072 X 168949 47073 3100 29719 172049 76792 190807 95864 -95257 0 X 0 1 X 0 0 X 1183366 383773 229219 431064 204688 2432110 1183366 383773 229219 431064 204688 2432110 1260155 1171955 40 699 1469 64 785 3057 2435167 0.48130 0.43880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 24000 X 0 0 WOOD SCULPTURES 24000 24000 222088 16615 16615 205473 0 205473 317345 16615 16615 300730 0 300730 PART III, LINE 4: WORKS OF ART ARE COMPRISED OF A SET OF DONATED WORKS OF THE LU-I WOODCUT DONATED TO THE ORGANIZATION ON NOVEMBER 08, 2018. THE FAIR VALUE OF SELECTED WORKS OF LU-I WOODCUT ($24,000) WAS DERIVED FROM APPRAISALS CONDUCTED AT THE TIME OF THE DONATIONS OR SALES RECEIPTS FOR WORKS OF ART PURCHASED JUST PRIOR TO DONATION. THE SELECTED WORKS OF LU-I WOODCUT WAS ACQUIRED IN NOVEMBER, 2018 AND IS ON LOAN TO THE UNIVERSITY AND ARE TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MESUEM FOR RESEARCH PURPOSES, PURSUANT TO A LOAN AGREEMENT, WHOSE TERM EXPIRES ON NOVEMBER 8, 2021. 0 EAST ASIA AND THE PACIFIC - 0 0 GRANTMAKING TO THE CHINESE UNIVERSITY OF HONG KONG N/A 270944 0 0 0 0 0 0 270944 0 270944 EAST ASIA AND THE PACIFIC - SUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG. 142044 CHECK 128900 A SET OF CALIGRAPHY COUPLET DONATED TO THE ORGANIZATION IN DECEMBER 2016 WITH ITS VALUE DERIVED FROM AN APPRAISAL CONDUCTED AT THE TIME OF DONATION OR SALES RECEIPTS FOR WORKS OF ART PURCHASED JUST PRIOR TO DONATION. THE SET OF CALIGRAPHY COUPLET WAS GRANTED BY THE ORGANIZATION TO SUPPORT THE CONTINUED EDUCATIONAL AND RESEARCH PURPOSE AT THE ARTS MUSEUM AT THE CHINESE UNIVERSITY OF HONG KONG IN JANUARY 2020. APPRAISAL AT TIME OF DONATION 1 0 1 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION ACTS AS A "FRIENDS OF ORGANIZATION THAT SUPPORTS THE CHINESE UNIVERSITY OF HONG KONG, WHICH IS A FOREIGN UNIVERSITY. PART I, LINE 3: THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH U.S. GAAP TO ACCOUNT FOR ITS EXPENDITURES. PART II, LINE 1 ACCOUNTING METHOD: THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH U.S. GAAP TO ACCOUNT FOR ITS GRANTS PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART IV, LINE 1 THE ORGANIZATION WAS A U.S. TRANSFEROR OF PROPERTY TO A FOREIGN CORPORATION. THIS TRANSFER OF PROPERTY WAS A GRANT TO THE FOREIGN NON-PROFIT CORPORATION AND SINCE THE ORGANIZATION HAS NO OWNERSHIP INTEREST IN THE FOREIGN CORPORATION, THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS ONLY 4 BOARD MEMBERS AT JUNE 30, 2020. THEREFORE THERE ARE NO SUCH COMMITTEES. ALL DECISIONS ARE MADE AT THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B WHEN EDELSTEIN & COMPANY, THE AUDITOR OF THE FOUNDATION, HAS COMPLETED THE FORM 990, THE COMPLETED FORM WILL BE SENT TO GMA AND THE FOUNDATION'S CLERK TO CHECK THE ACCURACY OF THE FIGURES AND CORRECTNESS OF INFORMATION. THE CLERK WILL THEN DISTRIBUTE THE COMPLETED FORM TO THE CHAIRMAN OF THE BOARD FOR REVIEW AND SIGNATURE ON BEHALF OF THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS ADOPTED A POLICY ON CONFLICTS OF INTEREST SETTING FORTH STANDARDS OF CONDUCT EXPECTED BY THE DIRECTORS AND OFFICERS OF THE FOUNDATION. THE FOUNDATION ALSO DEFINES THE ACTIVITIES THAT MAY GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST AND REMINDS EACH AND EVERY DIRECTOR AND OFFICER ACCORDINGLY. EACH DIRECTOR OR OFFICER IS REQUESTED TO CONFIRM COMPLIANCE OF THIS POLICY BY SIGNING A STATEMENT ANNUALLY. THE BOARD OF DIRECTORS IS THE GOVERNING BODY TO ASSESS AND DECIDE IF A CONFLICT OF INTEREST EXISTS. SO FAR, THE BOARD HAS NOT DISCOVERED ANY TRANSACTIONS THAT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION.