BETA

RONG RONG FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
RONG RONG FAMILY FOUNDATION (EIN 27-4260437)
Tax period
2018-12-01 to 2019-11-30
Filed
2020-10-12
IRS object ID
202002879349100000
Schema version
2018v3.3
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)
Return2020-10-12T10:21:04-00:00ReturnTs
Tax Period End2019-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JULIA BROWN CPA A PROFESSIONAL CORPORATIONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14020 MOORPARK AVE SUITE 109AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95117ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274260437EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RONG RONG FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRONGBusinessNameControlTxt
Phone4085311589PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121800 ALMADEN AVENUEAddressLine1Txt
CityCupertinoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDUNFA XIPersonNm
Person TitleCEOPersonTitleTxt
Signature2020-10-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIA BROWNPreparerPersonNm
Phone4082169016PhoneNum
Preparation2020-10-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address70.228.76.96IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-13IPDt
IP Tm05:20:10IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6DCF654EB84F52BA8FCC35A78B731732A80907C9AtSubmissionCreationDeviceId
At Submission Filing Device Id6DCF654EB84F52BA8FCC35A78B731732A80907C9AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-09-10 13:11:23ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,168,021FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Gross Rents Rev And Expnss$26,116GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$26,116GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$26,116GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$1,862NetRentalIncomeOrLossAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$26,116TotalRevAndExpnssAmt
Total Net Invst Incm$26,116TotalNetInvstIncmAmt
Total Adj Net Incm$26,116TotalAdjNetIncmAmt
Taxes Rev And Expnss$777TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$5,918DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$5,918DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$5,918DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$18,396OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$18,336OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$18,336OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$60OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$25,091TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$24,254TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$24,254TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$60TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$50,300ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$50,300ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$75,391TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$24,254TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$24,254TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$50,360TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$49,275ExcessRevenueOverExpensesAmt
Net Investment Income$1,862NetInvestmentIncomeAmt
Adjusted Net Income$1,862AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$310,158CashBOYAmt
Cash EOY$268,021CashEOYAmt
Cash EOYFMV$268,021CashEOYFMVAmt
Invst Land Cost Or Other Basis$316,688InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$38,067InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$284,539LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$278,621LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$900,000LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$594,697TotalAssetsBOYAmt
Total Assets EOY$546,642TotalAssetsEOYAmt
Total Assets EOYFMV$1,168,021TotalAssetsEOYFMVAmt
Other Liabilities EOY$1,220OtherLiabilitiesEOYAmt
Total Liabilities EOY$1,220TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$585,452CapitalStockBOYAmt
Capital Stock EOY$585,452CapitalStockEOYAmt
Retained Earning BOY$9,245RetainedEarningBOYAmt
Retained Earning EOY-$40,030RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$594,697TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$545,422TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$594,697TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$546,642TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$594,697TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$49,275ExcessRevenueOverExpensesAmt
Subtotal$545,422SubtotalAmt
Tot Net Ast Or Fund Balances EOY$545,422TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$98,853AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,249,927NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.079087DistributionYr1Rt
Adjusted Qlfy Distri Yr2$127,664AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$408,892NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000.312219DistributionYr2Rt
Adjusted Qlfy Distri Yr3$9,932AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$666,928NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000.014892DistributionYr3Rt
Adjusted Qlfy Distri Yr4$5,111AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$525,293NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000.009730DistributionYr4Rt
Adjusted Qlfy Distri Yr5$29,821AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$319,985NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000.093195DistributionYr5Rt
Total Distribution000.509123TotalDistributionRt
Average Distribution000.101825AverageDistributionRt
Net Vl Noncharitable Assets$1,183,020NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$120,461AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$19NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$120,480AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$50,360QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$37InvestmentIncomeExciseTaxAmt
Subtotal$37SubtotalAmt
Tax Based On Investment Income$37TaxBasedOnInvestmentIncomeAmt
Tax Due$37TaxDueAmt

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
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDUNFA XIIndividualWithBooksNm
Phone4086230766PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121800 ALMADEN AVENUEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DUNFA XI
21800 ALMADEN AVENUECUPERTINOCA95014CEO000.00$0
WEIPING DOU
21800 ALMADEN AVENUECUPERTINOCA95014CFO000.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PROVIDED FREE BADMINTON LESSONS AND SPONSORED TOURNAMENTS OPEN TO PUBLIC.Description1Txt
Expenses1$50,000Expenses1Amt
Description2SUPPORT WOMEN'S FREEDOMDescription2Txt
Expenses2$300Expenses2Amt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$301,036AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$900,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,201,036TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,201,036AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,016CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,183,020NetVlNoncharitableAssetsAmt
Minimum Investment Return$59,151MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$59,151MinimumInvestmentReturnAmt
Tax Based On Investment Income$37TaxBasedOnInvestmentIncomeAmt
Total Tax$37TotalTaxAmt
Distributable Before Adj$59,114DistributableBeforeAdjAmt
Distributable Before Ded$59,114DistributableBeforeDedAmt
Distributable As Adjusted$59,114DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$50,360ExpensesAndContributionsAmt
Qualifying Distributions$50,360QualifyingDistributionsAmt
Adjusted Qualifying Distri$50,360AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$59,114DistributableAsAdjustedAmt
Qualifying Distributions$50,360QualifyingDistributionsAmt
Applied To Current Year$50,360AppliedToCurrentYearAmt
Undistributed Income CY$8,754UndistributedIncomeCYAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$1,862CurrentYearAmt
Year1$12,892Year1Amt
Year2$17,556Year2Amt
Year3$14,121Year3Amt
Total$46,431TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$1,583CurrentYearAmt
Year1$10,958Year1Amt
Year2$14,923Year2Amt
Year3$12,003Year3Amt
Total$39,467TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$50,360CurrentYearAmt
Year1$98,853Year1Amt
Year2$127,664Year2Amt
Year3$9,932Year3Amt
Total$286,809TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$50,360CurrentYearAmt
Year1$98,853Year1Amt
Year2$127,664Year2Amt
Year3$9,932Year3Amt
Total$286,809TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$39,434CurrentYearAmt
Year1$41,664Year1Amt
Year2$13,630Year2Amt
Year3$22,231Year3Amt
Total$116,959TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDUNFA XIContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Silicon Valley Women Alliance
710 Cayman LnFoster CityCA94404CharitablePCCharitable$50,000
Bay Badminton Training Academy
600 S Amphlett BlvdSan MateoCA94402CharitablePCCharitable$300
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$50,300TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$1,862ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,862ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,862TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (4 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
1388 Northwood Dr - Building2013-05-16$43,544$6,143SL0000000039.000000000000$1,117$1,117$1,117
1388 Northwood Dr - Land2013-05-16$10,886L0000000039.000000000000
4730 Antelope Circle - Building2013-07-09$187,258$26,006SL0000000039.000000000000$4,801$4,801$4,801
4730 Antelope Circle - Land2013-07-09$75,000L0000000039.000000000000

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (4 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
1388 Northwood Dr - Building$43,544$7,260$36,284$36,284
1388 Northwood Dr - Land$10,886$10,886$127,000
4730 Antelope Circle - Building$187,258$30,807$156,451$156,451
4730 Antelope Circle - Land$75,000$75,000$580,265

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Appraisal Fee$600$600$600
State Filing Fee$60$60
Contractor$11,250$11,250$11,250
Property Tax$4,229$4,229$4,229
Utilities$138$138$138
Repair Maintenance$2,119$2,119$2,119

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescPayable to Dunfa XiDesc
EOY Book Value$1,220EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Income TaxCategoryTxt
Amt$777Amt

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