RIM FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
RIM FAMILY FOUNDATION (EIN 46-4333400)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-04-21
IRS object ID
202021129349100702
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-04-21T08:58:05-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330683620PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHARLES RIM ACCOUNTANCY CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126314 WESTERN AVE STE 200AddressLine1Txt
CityLOMITACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90717ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464333400EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIM FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIMFBusinessNameControlTxt
Phone3105392460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126314 WESTERN AVENUE RM/STE 200AddressLine1Txt
CityLOMITACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90717ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSOON K RIMPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3105392460PhoneNum
Signature2020-04-14SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES A RIMPreparerPersonNm
PTINP00045438PTIN
Phone3105392460PhoneNum
Preparation2020-04-21PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address172.5.192.207IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-04-21IPDt
IP Tm08:58:05IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdA6C105A8C0F3F0A56B0F069D6649820C025205B6AtSubmissionCreationDeviceId
At Submission Filing Device IdA6C105A8C0F3F0A56B0F069D6649820C025205B6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,018,958FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$18,962DividendsRevAndExpnssAmt
Dividends Net Invst Incm$18,962DividendsNetInvstIncmAmt
Dividends Adj Net Incm$18,962DividendsAdjNetIncmAmt
Total Rev And Expnss$38,962TotalRevAndExpnssAmt
Total Net Invst Incm$18,962TotalNetInvstIncmAmt
Total Adj Net Incm$18,962TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$36,924OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$36,924TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$40,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$40,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$76,924TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$40,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$37,962ExcessRevenueOverExpensesAmt
Net Investment Income$18,962NetInvestmentIncomeAmt
Adjusted Net Income$18,962AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$203,991SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$207,858SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$207,858SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$852,929OtherAssetsBOYAmt
Other Assets EOY$811,100OtherAssetsEOYAmt
Other Assets EOYFMV$811,100OtherAssetsEOYFMVAmt
Total Assets BOY$1,056,920TotalAssetsBOYAmt
Total Assets EOY$1,018,958TotalAssetsEOYAmt
Total Assets EOYFMV$1,018,958TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,056,920NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,018,958NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,056,920TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,018,958TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,056,920TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,018,958TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,056,920TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$37,962ExcessRevenueOverExpensesAmt
Subtotal$1,018,958SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,018,958TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$62,834AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$881,664NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.071268DistributionYr1Rt
Adjusted Qlfy Distri Yr2$47,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,188,961NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.039530DistributionYr2Rt
Adjusted Qlfy Distri Yr3$124,818AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,075,681NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.116036DistributionYr3Rt
Adjusted Qlfy Distri Yr4$27,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$3,022,068NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.008934DistributionYr4Rt
Adjusted Qlfy Distri Yr5$15,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,100,880NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.013625DistributionYr5Rt
Total Distribution0.249393TotalDistributionRt
Average Distribution0.049879AverageDistributionRt
Net Vl Noncharitable Assets$1,014,188NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$50,587AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$190NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$50,777AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$40,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$379InvestmentIncomeExciseTaxAmt
Subtotal$379SubtotalAmt
Tax Based On Investment Income$379TaxBasedOnInvestmentIncomeAmt
Tax Due$379TaxDueAmt

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
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CHARLES RIMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3105392460PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line126314 WESTERN AVENUE 200AddressLine1Txt
CityLOMITACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90717ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SOON K RIM
26314 WESTERN AVE SUITE 200LOMITACA90717PRESIDENT000.00$0$0$0
JOHN RIM
125 RIZAL DRIVEHILLSBOROUGHCA94010SECRETARY000.00$0$0$0
CHARLES A RIM
26314 WESTERN AVENUE SUITE 200LOMITACA90717C.F.O.000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$1,029,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,029,632TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,029,632AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,444CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,014,188NetVlNoncharitableAssetsAmt
Minimum Investment Return$50,709MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$50,709MinimumInvestmentReturnAmt
Tax Based On Investment Income$379TaxBasedOnInvestmentIncomeAmt
Total Tax$379TotalTaxAmt
Distributable Before Adj$50,330DistributableBeforeAdjAmt
Distributable Before Ded$50,330DistributableBeforeDedAmt
Distributable As Adjusted$50,330DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$40,000ExpensesAndContributionsAmt
Qualifying Distributions$40,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$40,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$50,330DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$6,927ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$6,927TotalExcessDistributionCyovAmt
Qualifying Distributions$40,000QualifyingDistributionsAmt
Applied To Current Year$40,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$6,927ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$6,927ExcessDistributionCyovAppCYAmt
Undistributed Income CY$3,403UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJOHN RIMRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1RIM FAMILY FOUNDATIONAddressLine1Txt
Address Line226314 WESTERN AVE 200AddressLine2Txt
CityLOMITACityNm
State AbbreviationCAStateAbbreviationCd
ZIP90717ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3105392460RecipientPhoneNum
Recipient Email AddressJOHNRIM@YAHOO.COMRecipientEmailAddressTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1EWHA UNIVERSITYBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1475 RIVERSIDE DR 1505AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10115ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusEXEMPTRecipientFoundationStatusTxt
Grant Or Contribution PurposeSCHOLARSHIP GRANTEDGrantOrContributionPurposeTxt
Amt$40,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$40,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$18,962ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$18,962ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18,962TotalIncomeProducingActyAmt

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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENTS IN MONEY MARKETDesc
BOY Book Value$852,929BOYBookValueAmt
EOY Book Value$811,100EOYBookValueAmt
EOYFMV$811,100EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FILING FEES$204
INSURANCE$36,720

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