2019-12-17T14:04:40-06:00 2019-06-30 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2018-07-01 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 2019-12-17 1 SCOTT KAPLOWITCH P00002440 6172276161 2019-12-17 38.111.9.114 2019-12-17 13:24:58 ES P C1284B650163F101757B7047818B4EE77766F5D2 8A1D67C05B5E288A233D410CFFE3E7F30C826A4A 2018 2020-03-31 21:24:44Z CHIEN LEE 2 LIBERTY SQUARE NO 500 BOSTON MA 02109 431128 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 229219 431064 0 0 -1893 64 0 0 227326 431128 355857 443466 0 0 0 0 0 0 903 28485 28228 384342 471694 -157016 -40566 232641 190807 20026 18758 212615 172049 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 0 0 443466 443466 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 443466 1 1 0 0 0 0 0 1 0 1 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 1 0 0 0 0 0 0 0 1 1 0 1 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 0.10 X X 0 0 0 ROCKY S TUAN DIRECTOR 0.10 X 0 0 0 SALOME YP LAM CLERK 0.40 X 0 0 0 0 0 0 0 0 0 0 0 431064 24000 431064 64 64 431128 0 0 64 443466 443466 20861 19958 903 929 929 5173 5173 FILING FEES 1265 1265 471694 443466 27325 903 23260 30435 2733 2740 10000 1500 3232 3232 193416 152900 232641 190807 20026 18758 20026 18758 X 202615 168949 10000 3100 212615 172049 232641 190807 -40566 0 X 0 1 X 0 0 X 644764 1183366 383773 229219 431064 2872186 644764 1183366 383773 229219 431064 2872186 1610795 1261391 13 40 699 1469 64 2285 2874471 0.43880 0.38460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24000 152900 X 0 10000 372050 378950 3100 60000 245857 295857 10000 411300 196873 548173 60000 100 1080600 669400 411300 95 507786 507781 100 1.00000 0 0 0 WORKS OF ART 128900 WOOD SCULPTURES 24000 152900 449837 18709 18709 431128 0 431128 490403 18709 18709 471694 0 471694 PART III, LINE 4: WORKS OF ART ARE COMPRISED OF A SET OF CALIGRAPHY COUPLET DONATED TO THE ORGANIZATION IN DECEMBER 2016 AND DONATED WORKS OF THE LU-I WOODCUT DONATED TO THE ORGANIZATION ON NOVEMBER 08, 2018. THE FAIR VALUE OF THE CALIGRAPHY COUPLET ($128,900), AND THE FAIR VALUE OF SELECTED WORKS OF LU-I WOODCUT ($24,000) WERE DERIVED FROM APPRAISALS CONDUCTED AT THE TIME OF THE DONATIONS OR SALES RECEIPTS FOR WORKS OF ART PURCHASED JUST PRIOR TO DONATION. THE CALIGRAPHY COUPLET ACQUIRED IN DECEMBER 2016 IS ON LOAN TO THE UNIVERSITY AND ARE TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MUSEUM FOR RESEARCH PURPOSES, PURSUANT TO A LOAN AGREEMENT, WHOSE TERM EXPIRES IN JANUARY 2020. THE SELECTED WORKS OF LU-I WOODCUT WAS ACQUIRED IN NOVEMBER, 2018 AND IS ALSO 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. PART V, LINE 4: TEMPORARILY RESTRICTED NET ASSETS WERE AVAILABLE TO SUPPORT THE FOLLOWING PROGRAMS AT JUNE 30, 2019: NEW ASIA COLLEGE $2,000 SCHOLARSHIPS $1,000 OTHER PROGRAMS $ 100 TOTAL TEMP. RESTRICTED FUNDS $3,100 0 EAST ASIA AND THE PACIFIC - 0 0 GRANTMAKING TO THE CHINESE UNIVERSITY OF HONG KONG N/A 443466 0 0 0 0 0 0 443466 0 443466 EAST ASIA AND THE PACIFIC - SUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG. 378950 CHECK 64516 THREE RUBBINGS GIVEN TO THE ORGANIZATION IN DECEMBER 2015 WITH ITS VALUES DERIVED FROM APPRAISALS CONDUCTED AT THE TIME OF THE DONATIONS OR SALES RECEIPTS FOR WORKS OF ART PURCHASED JUST PRIOR TO ORIGINAL RECEIPTS. THE RUBBINGS WERE GRANTED BY THE ORGANIZATION TO SUPPORT THE CONTINUED EDUCATIONAL AND RESEARCH PURPOSE AT THE ARTS MUSEUM AT THE CHINESE UNIVERSITY OF HONG KONG IN DECEMBER 2018. APPRAISAL AT TIME OF DONATION 1 0 0 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. X 19 24000 APPRAISAL 1 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS ONLY 4 BOARD MEMBERS AT JUNE 30, 2019. 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.