BETA

KAHNG FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
KAHNG FOUNDATION (EIN 74-2883492)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-11
IRS object ID
202023169349102212
Schema version
2019v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-11T15:24:47-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742984516PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MEADOR & JONES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12414 EXPOSITION BLVD SUITE BC-230AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78703ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742883492EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAHNG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKAHNBusinessNameControlTxt
Phone5726577777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 WEST AVENUE UNIT 2206AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN KAHNGPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5726577777PhoneNum
Signature2020-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFF MEADOR CPAPreparerPersonNm
PTINP00164184PTIN
Phone5124720795PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.218.162.161IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-11IPDt
IP Tm09:04:00IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7C4FEB31209783E1F4D86D12722EDA5DAC3F7BD5AtSubmissionCreationDeviceId
At Submission Filing Device Id7C4FEB31209783E1F4D86D12722EDA5DAC3F7BD5AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$23,464,466FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$838InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$838InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$148,190DividendsRevAndExpnssAmt
Dividends Net Invst Incm$148,190DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$219,487GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$219,487GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$99,782NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$1,734,052NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,770,502GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,734,052CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,102,567TotalRevAndExpnssAmt
Total Net Invst Incm$2,102,567TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$700LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$700LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$15,918AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$7,959AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$7,959AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$99OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$99OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$88,395TaxesRevAndExpnssAmt
Taxes Net Invst Incm$67,611TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$110,686DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$105,842DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$425OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$425OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$18,771TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$18,771TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$21,389OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$13,863OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,988OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$256,383TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$195,374TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$29,843TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$909,985ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$909,985ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,166,368TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$195,374TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$939,828TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$936,199ExcessRevenueOverExpensesAmt
Net Investment Income$1,907,193NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$89,631CashBOYAmt
Cash EOY-$13,036CashEOYAmt
Cash EOYFMV-$13,036CashEOYFMVAmt
Sav And Temp Cash Invst BOY$257,499SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,759SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,759SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,058,508CorporateStockBOYAmt
Corporate Stock EOY$1,158,633CorporateStockEOYAmt
Corporate Stock EOYFMV$18,386,384CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$3,638,314InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$575,262InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$3,168,894LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$3,063,052LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$3,638,314LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$233,999OtherInvestmentsBOYAmt
Other Investments EOY$233,999OtherInvestmentsEOYAmt
Other Investments EOYFMV$233,999OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,217,046LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,844LandBldgEquipAccumDeprecAmt
Land BOY$0LandBOYAmt
Land EOY$1,212,202LandEOYAmt
Land EOYFMV$1,217,046LandEOYFMVAmt
Total Assets BOY$4,808,531TotalAssetsBOYAmt
Total Assets EOY$5,656,609TotalAssetsEOYAmt
Total Assets EOYFMV$23,464,466TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$4,808,531AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$4,808,531AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$848,078RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,808,531TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,656,609TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,808,531TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,656,609TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,808,531TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$936,199ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$5,744,730SubtotalAmt
Other Decreases$88,121OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$5,656,609TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1,000 SHS APPLE INCP2000-09-122019-09-18$222,027$4,860$217,167$217,167
1,000 SHS APPLE INCP2000-09-122019-09-19$223,200$4,860$218,340$218,340
2,000 SHS APPLE INCP2000-09-122019-09-30$448,205$9,720$438,485$438,485
1,000 SHS APPLE INCP2000-09-122019-10-01$227,000$4,860$222,140$222,140
1,000 SHS APPLE INCP2000-09-122019-10-11$234,070$4,860$229,210$229,210
106 SHS APPLE INCP2000-09-122019-12-11$28,726$515$28,211$28,211
894 SHS APPLE INCP2000-09-122019-12-11$242,274$4,345$237,929$237,929
500 SHS APPLE INCP2000-09-122019-12-30$145,000$2,430$142,570$142,570
FieldValueIRS element (for citing)
Capital Gain Net Income$1,734,052CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$775,010AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$18,767,790NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.041295DistributionYr1Rt
Adjusted Qlfy Distri Yr2$724,957AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$15,415,918NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.047027DistributionYr2Rt
Adjusted Qlfy Distri Yr3$587,150AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$14,715,055NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.039901DistributionYr3Rt
Adjusted Qlfy Distri Yr4$569,582AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$13,194,594NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.043168DistributionYr4Rt
Adjusted Qlfy Distri Yr5$567,080AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$12,711,575NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.044611DistributionYr5Rt
Total Distribution0.216002TotalDistributionRt
Average Distribution0.043200AverageDistributionRt
Net Vl Noncharitable Assets$19,606,553NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$847,003AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$19,072NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$866,075AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$939,828QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$19,072InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$19,072SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$19,072TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$14,863EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$45,057ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$59,920TotalPaymentsAndCreditsAmt
Es Penalty$16EsPenaltyAmt
Overpayment$40,832OverpaymentAmt
Applied To ES Tax$40,832AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSTEPHEN KAHNGIndividualWithBooksNm
Phone6502708888PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1301 WEST AVENUE UNIT 2206AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnYes (1)BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHOONGJA KAHNG
9707 CRENATA COVEAUSTINTX78759PRESIDENT10.00$0$0$0
STEPHEN KAHNG
9707 CRENATA COVEAUSTINTX78759TREASURER10.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$15,533,744AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$499,073AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,872,313FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$19,905,130TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$19,905,130AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$298,577CashDeemedCharitableAmt
Net Vl Noncharitable Assets$19,606,553NetVlNoncharitableAssetsAmt
Minimum Investment Return$980,328MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$980,328MinimumInvestmentReturnAmt
Tax Based On Investment Income$19,072TaxBasedOnInvestmentIncomeAmt
Total Tax$19,072TotalTaxAmt
Distributable Before Adj$961,256DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$961,256DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$961,256DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$939,828ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$939,828QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$19,072PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$920,756AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$961,256DistributableAsAdjustedAmt
Undistributed Income PY$909,042UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$939,828QualifyingDistributionsAmt
Applied To Year1$909,042AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$30,786AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$930,470UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AUSTIN OPERA
3009 INDUSTRIAL TERRACEAUSTINTX78758N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$51,100
GUGGENHEIM MUSEUM
1071 FIFTH AVENUENEW YORKNY10128N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$30,000
WHITNEY MUSEUM
99 GANSEVOORT STNEW YORKNY10014N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$40,885
METROPOLITAN OPERA
LINCOLN CENTERNEW YORKNY10023N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$25,000
UNIVIRSITY OF TEXAS - BLANTON MUSEUM
200 E MARTIN LUTHER KING JR BLVDAUSTINTX78712N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$25,000
ST JOHN NEWMAN CATHOLIC CHURCH
5455 BEE CAVE ROADWEST LAKE HILLSTX78746N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$2,000
AMERICAN FOREIGN POLICY COUNCIL
509 C STREET NEWASHINGTON DCDC20002N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$50,000
ASIA FOUNDATION
465 CALIFORNIA ST 9TH FLRSAN FRANCISCOCA94104N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$50,000
ASIAN ART MUSEUM
200 LARKIN STSAN FRANCISCOCA94102N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$100,000
AUSTIN SYMPHONY
1101 RED RIVER STAUSTINTX78701N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$10,000
CARNEGIE MELON UNIVERSITY
5000 FORBES AVENUEPITTSBURGHPA15213N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$10,000
CKA
1875 K STREET NW SUITE 400WASHINGTON DCDC20006N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$3,000
COMMITTEE FOR NORTH KOREAN HUMAN RIGHTS
1001 CONNECTICUT AVE NW 435WASHINGTON DCDC20036N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$20,000
FOREIGN POLICY ASSOCIATION
551 FITH AVENUENEW YORKNY10176N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$5,000
HOPE CHURCH MIDTOWN
221 E 52ND STNEW YORKNY10022N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$2,000
PACIFIC COUNCIL ON INTERNATIONAL POLICY
725 S FIGUEROA ST STE 450LOS ANGELESCA90017N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$1,000
SANTA CRUZ EDUCATION FOUNDATION
PO BOX 8501SANTA CRUZCA95061N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$20,000
TATE AMERICAS FOUNDATION
520 WEST 27TH STREET UNIT 404NEW YORKNY10001N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$15,000
UNIVIRSITY OF TEXAS - FINE ARTS
2301 TRINITY STAUSTINTX78712N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$350,000
UNIVIRSITY OF TEXAS - DELL MEDICAL CENTER
1500 RED RIVER STAUSTINTX78712N/A501(C)(3)GENERAL SUPPORT OF THE ORGANIZATION$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$909,985TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$838ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$148,190ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$99,782ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,734,052ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,982,862ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,982,862TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$15,918Amt
Net Investment Income$7,959NetInvestmentIncomeAmt
Disbursements Charitable Prps$7,959DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (8 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
BUILDING - EDITH CONDO2013-04-16$491,467$111,136SL27.500000000000$17,872$17,872
LAND - EDITH CONDO2013-04-16$122,867L$0$0
BUILDING - BAY ROAD CONDOS2015-07-01$2,419,184$358,284SL27.500000000000$87,970$87,970
LAND - BAY ROAD CONDOS2015-07-01$604,796L$0$0
BUILDING - 301 W AVENUE2019-10-18$1,067,188SL39.000000000000$4,561$0
LAND - 301 W AVENUE2019-10-18$118,576L$0$0
IMPROVEMENTS - SHADE & LIGHT CONTROL SYSTEM2019-10-18$25,508SL15.000000000000$283$0
LIGHT FIXTURES2019-12-19$5,774SL7.000000000000$0$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSCHWAB BROKERAGE ACCOUNTStockNm
EOY Book Value$1,158,633EOYBookValueAmt
EOYFMV$18,386,384EOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (4 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING - EDITH CONDO$491,467$129,008$362,459$491,467
LAND - EDITH CONDO$122,867$0$122,867$122,867
BUILDING - BAY ROAD CONDOS$2,419,184$446,254$1,972,930$2,419,184
LAND - BAY ROAD CONDOS$604,796$0$604,796$604,796

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMODO LABS INVESTMENT LLCCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$233,999BookValueAmt
EOYFMV$233,999EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (4 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING - 301 W AVENUE$1,067,188$4,561$1,062,627$1,067,188
LAND - 301 W AVENUE$118,576$0$118,576$118,576
IMPROVEMENTS - SHADE & LIGHT CONTROL SYSTEM$25,508$283$25,225$25,508
LIGHT FIXTURES$5,774$0$5,774$5,774

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$700LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$700DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPPADesc
Amt$88,121Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMINISTRATIVE COSTS$1,988$0$1,988
OTHER COSTS$3,673$0$0
PENALTIES & LATE FEES$250$0$0
NONDEDUCTIBLE DONATION$1,615$0$0
HOA FEES$4,250$4,250$0
REPAIRS & MAINTENANCE$173$173$0
INSURANCE$2,123$2,123$0
RENTAL EXPENSES$1,863$1,863$0
REPAIRS & MAINTENANCE$4,571$4,571$0
UTILITIES$883$883$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryLLC REGISTERED AGENT FEESCategoryTxt
Amt$99Amt
Net Investment Income$99NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAXES$20,784$0$0
PROPERTY TAXES - EDITH CONDO$9,538$9,538$0
PROPERTY TAXES - BAY ROAD CONDOS$56,473$56,473$0
CALIFORNIA LLC FRANCHISE TAX$1,600$1,600$0

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