CHAI FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CHAI FAMILY FOUNDATION (EIN 20-8034700)
- Tax period
- 2018-12-01 to 2019-11-30
- Filed
- 2020-02-10
- IRS object ID
- 202040419349100704
- Schema version
- 2018v3.1
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Investments Land Schedule2
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-10T12:35:57-06:00 | ReturnTs |
| Tax Period End | 2019-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475284605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC ZHANG & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 HILLVIEW CT 180 | AddressLine1Txt |
| City | MILPITAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208034700 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAI FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAI | BusinessNameControlTxt |
| Phone | 4089816181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7120 BLUE HILL DR | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LI CHAI | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4089816181 | PhoneNum |
| Signature | 2020-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC ZHANG CPA | PreparerPersonNm |
| PTIN | P00548506 | PTIN |
| Phone | 6265812266 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $890,063 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $75 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $75 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $46,784 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $46,784 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $23,868 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,593 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $52,452 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $46,859 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,647 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,647 | AccountingFeesChrtblPrpsAmt |
| Deprec And Dpltn Rev And Expnss | $8,406 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $8,406 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $32,244 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $14,510 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,734 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $47,297 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,916 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,381 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $48,797 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,916 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $25,881 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,655 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $23,943 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $45,949 | CashBOYAmt |
| Cash EOY | $58,279 | CashEOYAmt |
| Cash EOYFMV | $58,279 | CashEOYFMVAmt |
| Invst Land Cost Or Other Basis | $757,048 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $40,403 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $725,051 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $716,645 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $795,443 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $67,381 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $66,495 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $36,341 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $22,445 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,445 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $838,381 | TotalAssetsBOYAmt |
| Total Assets EOY | $841,419 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $890,063 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $617 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $617 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $795,472 | CapitalStockBOYAmt |
| Capital Stock EOY | $795,472 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $42,292 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,947 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $837,764 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $841,419 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $838,381 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $841,419 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $837,764 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,655 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $841,419 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $841,419 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $44,084 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,037,247 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.042501 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $33,069 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $770,575 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.042915 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $17,870 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $686,252 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.026040 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $18,633 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $49,559 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.375976 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $11,239 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $108,568 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.103520 | DistributionYr5Rt |
| Total Distribution | 0.590952 | TotalDistributionRt |
| Average Distribution | 0.118190 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $869,667 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $102,786 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $239 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $103,025 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $25,881 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $479 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $479 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $479 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,748 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,748 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,269 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $1,269 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | BEI QIN | IndividualWithBooksNm |
| Phone | 4089816181 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7120 BLUE HILL DR | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| BEI QIN | ||||||||
| 7120 BLUE HILL DR | SAN JOSE | CA | 95129 | CEO | 3.00 | $980 | $0 | $0 |
| JING CHAI | ||||||||
| 942 COLUSA AVE | SUNNYVALE | CA | 94085 | SECRETARY AND CFO | 8.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OUR FOUNDATION'S MISSION: EDUCATION ABOUT WOMEN AND CHILDREN ISSUES, TO ORGANIZE VARIOUS ACTIVITIES IN EDUCATIONAL FIELDS, COMMUNITY SERVICES, DIVERSIFIED CULTURE, TO SHARE AND APPRECIATE SINO-AMERICAN CULTURE AND HERITAGE.WE HOSTED COUPLE OF EDUCTION EVENTS TO EDUCATE PEOPLE IN CALIFORNIA CIVIL LAW, TAX LAW, AND HUMAN HEALTH ETC. WE ALSO HOST DONATION EVENT AS WELL. THE PEOPLE WHO ATTENDED THOSE EVENTS WERE LOCAL AND FROM THE PUBLIC AFTER WE DID OUR BROADCAST OUR EVENT TOPICS. DURING THIS FISCAL YEAR, WE HELD THREE EVENTS. PLEASE REFER TO ATTACHMENT OF SUMMARY OF DIRECT CHARITABLE ACTIVITIES. | Description1Txt |
| Expenses1 | $16,399 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $51,127 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $831,784 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $882,911 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $882,911 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,244 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $869,667 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $43,483 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $43,483 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $479 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $479 | TotalTaxAmt |
| Distributable Before Adj | $43,004 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $43,004 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $43,004 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $25,881 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $25,881 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $25,881 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $43,004 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $20,497 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $25,881 | QualifyingDistributionsAmt |
| Applied To Year1 | $20,497 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,384 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $37,620 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BEI QIN | ContributingManagerNm |
| Contributing Manager | JING CHAI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SILICON VALLEY WOMEN ALLIANCE SVWA | |||||||
| 616TEAL STREET | FOSTER CITY | CA | 94404 | N/A | PUBLIC CHARITY | DONATION | $500 |
| FIRST UNITED METHODIST CHURCH | |||||||
| 535 OLD SAN FRANCISCO ROAD | SUNNYVALE | CA | 94086 | N/A | PUBLIC CHARITY | DONATION | $800 |
| HOPKINS BAND AND ORCHESTRA BOOSTERS | |||||||
| 600 DRISCOLL ROAD | FREMONT | CA | 94539 | N/A | PUBLIC CHARITY | DONATION | $200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $75 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $23,868 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| DIVISION STREET AND AVE P8 LLC | 531390 | -$886 | ||
| IRS TAX REFUND | 01 | $3,504 | ||
| FTB TAX REFUND | 01 | $2,975 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$886 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $30,422 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,536 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEE | CategoryTxt |
| Amt | $6,647 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $6,647 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| HAYWARD BUILDING 44% OWN | 2014-05-19 | $133,022 | $18,760 | SL | 39.000000000000 | $3,411 | $3,411 | $0 |
| HAYWARD LAND 44% OWN | 2014-05-19 | $88,682 | L | $0 | $0 | $0 | ||
| SANTA CLARA BUILDING 28% | 2015-06-01 | $124,699 | $12,788 | SL | 39.000000000000 | $3,197 | $3,197 | $0 |
| SANTA CLARA LAND 28% | 2015-06-01 | $88,101 | L | $0 | $0 | $0 | ||
| NISSAN | 2012-05-31 | $22,445 | $22,445 | SL | 5.000000000000 | $0 | $0 | $0 |
| 963 COLLEGE DR BUILDING 23% | 2018-08-21 | $70,121 | $449 | SL | 39.000000000000 | $1,798 | $1,798 | $0 |
| 963 COLLEGE DR BUILDING 23% | 2018-08-21 | $252,423 | L | $0 | $0 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUMMARY OF DIRECT CHARITABLE ACTIVITIES | IdentifierTxt |
| Form And Line Reference | FORM 990PF, PART IX-A LINE 1 | FormAndLineReferenceDesc |
| Medium Explanation | WORKSHOP: TAX&RETIREMENT PLANNING FOR HIGH NET-WORTH INDIVIDUALS TIME: 1:30 PM 4:00 PM, SATURDAY, 8/24/2019ADDRESS: SHENZHEN BAY INNOVATION CENTER3120 SCOTT BOULEVARD, SANTA CLARA, CA, 95054GUEST SPEAKER: COURTNEY ZHANG, CPA AND BEI QIN, CEO OF CHAI FAMILY FOUNDATION WORKSHOP: HOW TO PROTECT YOUR RIGHTS AS A LANDLORD AND GAIN MORE RETURNTIME: 2 PM - 4 PM, SATURDAY, JUNE 8TH, 2019ADDRESS: 20065 STEVENS CREEK BLVD., BLDG. C, STE. C1, CUPERTINO, CA 95014GUEST SPEAKERS: 1. ADELES FAN, BOARD MEMBER OF BAHN (BAY AREA HOMEOWNERS NETWORK),2. JING CHAI, REAL ESTATE BROKER WORKSHOP: HOW TO DO CONSTRUCTION AND BUILD RESIDENTIAL HOMESSESSION ONE:TIME: 10:00 AM - 12:30 PM, SATURDAY, MARCH 9TH, 2019SESSION TWO:TIME: 10:00 AM - 12:30 PM, SATURDAY, APRIL 27TH, 2019ADDRESS: 20065 STEVENS CREEK BLVD., BLDG. C, STE. C1, CUPERTINO, CA 95014GUEST SPEAKER: JOHN HA. (JOHN HOLDS A GENERAL BUILDING CONTRACTOR LICENSE AND ARCHITECT LICENSE. HE IS THE PARTNER OF PROVISION DEVELOPMENT, INC. HE HAS 35+ YEARS OF EXPERIENCE IN RESIDENTIAL DESIGN AND BUILDING). | MediumExplanationTxt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| HAYWARD BUILDING 44% OWN | $133,022 | $22,171 | $110,851 | $244,175 |
| HAYWARD LAND 44% OWN | $88,682 | $0 | $88,682 | $0 |
| SANTA CLARA BUILDING 28% | $124,699 | $15,985 | $108,714 | $229,268 |
| SANTA CLARA LAND 28% | $88,101 | $0 | $88,101 | $0 |
| 963 COLLEGE DR BUILDING 23% | $70,121 | $2,247 | $67,874 | $322,000 |
| 963 COLLEGE DR BUILDING 23% | $252,423 | $0 | $252,423 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DIVISION STREET AND AVE P8 LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $66,495 | BookValueAmt |
| EOYFMV | $36,341 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FILIGN FEE | $60 | $0 | $0 | $60 |
| AUTO EXPENSE | $1,271 | $0 | $0 | $1,271 |
| PROGRAM FEE | $16,399 | $0 | $0 | $16,399 |
| OFFICE SUPPLIES | $4 | $0 | $0 | $4 |
| MANAGEMENT FEE | $3,984 | $3,984 | $0 | |
| PROPERTY TAX | $5,738 | $5,738 | $0 | |
| INSURANCE | $934 | $934 | $0 | |
| HOA | $74 | $74 | $0 | |
| ASSESSMENT FEE | $740 | $740 | $0 | |
| REPAIRS | $925 | $925 | $0 | |
| GARDENING | $793 | $793 | $0 | |
| UTILITIES | $1,322 | $1,322 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| DIVISION STREET AND AVE P8 LLC | -$886 | $0 |
| IRS TAX REFUND | $3,504 | $3,504 |
| FTB TAX REFUND | $2,975 | $2,975 |
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