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ROBERT I & LIEN Q CHEN FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ROBERT I & LIEN Q CHEN FAMILY FOUNDATION (EIN 20-1885060)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201943199349103954
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T12:36:10-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN943040933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STOREK CARLSON & STRUTZ LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1900 E HAMILTON AVE STE 450AddressLine1Txt
CityCAMPBELLCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95008ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201885060EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT & LIEN CHEN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROBEBusinessNameControlTxt
Phone4085853510PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114265 BERRY HILL COURTAddressLine1Txt
CityLOS ALTOS HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLIEN Q CHENPersonNm
Person TitleVP, SECY, CFOPersonTitleTxt
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRED STOREKPreparerPersonNm
PTINP00022536PTIN
Phone6509615520PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,928,228FMVAssetsEOYAmt
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$1,122InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,122InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,122InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$59,068DividendsRevAndExpnssAmt
Dividends Net Invst Incm$59,068DividendsNetInvstIncmAmt
Dividends Adj Net Incm$59,068DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$99,475NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,558,335GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$99,475CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$99,475NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$159,665TotalRevAndExpnssAmt
Total Net Invst Incm$159,665TotalNetInvstIncmAmt
Total Adj Net Incm$159,665TotalAdjNetIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$15,000OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Adj Net Incm$15,000OthEmplSlrsWgsAdjNetIncmAmt
Legal Fees Rev And Expnss$2,050LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm$2,050LegalFeesAdjNetIncmAmt
Other Expenses Rev And Expnss$12,494OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$12,494OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$29,544TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$29,544TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$180,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$180,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$209,544TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$29,544TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$180,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$49,879ExcessRevenueOverExpensesAmt
Net Investment Income$159,665NetInvestmentIncomeAmt
Adjusted Net Income$130,121AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$94,910CashBOYAmt
Corporate Stock BOY$3,744,319CorporateStockBOYAmt
Corporate Stock EOY$3,788,950CorporateStockEOYAmt
Corporate Bonds EOYFMV$4,928,228CorporateBondsEOYFMVAmt
Total Assets BOY$3,839,229TotalAssetsBOYAmt
Total Assets EOY$3,788,950TotalAssetsEOYAmt
Total Assets EOYFMV$4,928,228TotalAssetsEOYFMVAmt
Accounts Payable BOY$400AccountsPayableBOYAmt
Total Liabilities BOY$400TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$3,838,829CapitalStockBOYAmt
Capital Stock EOY$3,788,950CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$3,838,829TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,788,950TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,839,229TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,788,950TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,838,829TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$49,879ExcessRevenueOverExpensesAmt
Subtotal$3,788,950SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,788,950TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMERRILL LYNCHPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$2,558,335GrossSalesPriceAmt
Cost Or Other Basis$2,458,860CostOrOtherBasisAmt
Gain Or Loss$99,475GainOrLossAmt
Gains Minus Excess Or Losses$99,475GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$99,475CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$99,475NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,193InvestmentIncomeExciseTaxAmt
Subtotal$3,193SubtotalAmt
Tax Based On Investment Income$3,193TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$127EsPenaltyAmt
Tax Due$3,320TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
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 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 Line1ROBERT CHENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6509495498PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line114265 BERRY HILL CTAddressLine1Txt
CityLOS ALTOS HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94022ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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
ROBERT I CHEN
14265 BERRY HILL COURTLOS ALTOS HILLSCA94022Trustee0.00$0
LIEN Q CHEN
14265 BERRY HILL CTLOS ALTOS HILLSCA94022VP, SECY, CFO0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Firefighter supportDescription1Txt
Expenses1$25,000Expenses1Amt
Description2Enviornmental reformDescription2Txt
Expenses2$30,000Expenses2Amt
Description3University research supportDescription3Txt
Expenses3$50,000Expenses3Amt
Description4EntrepreneurshipDescription4Txt
Expenses4$20,000Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$3,193TaxBasedOnInvestmentIncomeAmt
Total Tax$3,193TotalTaxAmt
Distributable Before Adj$3,193DistributableBeforeAdjAmt
Distributable Before Ded$3,193DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$180,000ExpensesAndContributionsAmt
Qualifying Distributions$180,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$180,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$159,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$159,500TotalExcessDistributionCyovAmt
Qualifying Distributions$180,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$180,000RemainingDistriFromCorpusAmt
Total Corpus$339,500TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$339,500ExcessDistriCyovToNextYrAmt
Excess From Year1$159,500ExcessFromYear1Amt
Excess From Current Year$180,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UNIV OF CALIF REGENTS
ONE SHIELDS AVENUEDAVISCA95616QUALIFIED CHARITYEOFEDUCATIONAL$50,000
ANGEL ISLAND IMMIGRATION STATION FO
5 Third St Suite 700San FranciscoCA94103QUALIFIED CHARITYEOFEducational$15,000
INTERNATIONAL RESCUE COMMITTEE
122 EAST 42ND STREETNEW YORKNY10168NONEPOFUNRESTRICTED$10,000
SAN FRANCISCO CONSERVATORY OF MUSIC
50 OAK STREETSAN FRANCISCOCA94102UNRESTRICTED$10,000
EARTHJUSTICE
50 CALIFORNIA STREET SUITE 500SAN FRANCISCOCA94111NONEPCUNRESTRICTED$30,000
HENRY M GUNN HIGH SCHOOL
780 ARASTRADERO ROADPALO ALTOCA94306NONEPCATHLETIC PROGRAM$10,000
POSITIVE COACHING ALLIANCE
10101 N RENGSTORFF AVE 100MOUNTAIN VIEWCA94043NONEEOFEDUCATIONAL$20,000
CALIFORNIA FIRE FOUNDATION
1780 CREEKSIDE OAKSSACRAMENTOCA95833NONEFIRE FIGHTER SUPPORT$25,000
FRENCH AMERICAN FOUNDATION
28 WEST 44TH STREETNEW YORKNY10036NONERESEARCH$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$180,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$1,122RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$59,068RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion6ExclusionCd
Exclusion$99,475ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$99,475ExclusionAmt
Related Or Exempt Function Incm$60,190RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$159,665TotalIncomeProducingActyAmt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$2,050LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$2,050AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT ADVISORY FEEDesc
Revenue And Expenses Per Books$12,494RevenueAndExpensesPerBooksAmt
Adjusted Net Income$12,494AdjustedNetIncomeAmt

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