UNHYI AND HYOSEOK YANG FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
UNHYI AND HYOSEOK YANG FOUNDATION (EIN 47-4367935)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-04-08
IRS object ID
201920989349100212
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)
Return2019-04-08T15:33:37-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263747666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1H & H CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 SARATOGA AVE 310AddressLine1Txt
CitySANTA CLARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP950517337ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474367935EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNHYI AND HYOSEOK YANG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNHYBusinessNameControlTxt
Phone4087185622PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonUNHYI YANGPersonNm
Person TitleCFOPersonTitleTxt
Phone4087185622PhoneNum
Signature2019-04-04SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES S HAN CPAPreparerPersonNm
PTINP00895051PTIN
Phone4082465090PhoneNum
Preparation2019-04-08PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.215.3.118IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-08IPDt
IP Tm15:33:37IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id8891159DEEF9B6766752B926ADE7E52944868CD2AtSubmissionCreationDeviceId
At Submission Filing Device Id8891159DEEF9B6766752B926ADE7E52944868CD2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$164,942FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$198,928ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$76InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$76InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$76InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$202DividendsRevAndExpnssAmt
Dividends Net Invst Incm$202DividendsNetInvstIncmAmt
Dividends Adj Net Incm$202DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$13,166NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$157,850GrossSalesPriceAmt
Total Rev And Expnss$212,372TotalRevAndExpnssAmt
Total Net Invst Incm$278TotalNetInvstIncmAmt
Total Adj Net Incm$278TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,500AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$28TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$28TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,528TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,528TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$158,426ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$158,426ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$159,954TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$159,954TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$52,418ExcessRevenueOverExpensesAmt
Net Investment Income$278NetInvestmentIncomeAmt
Adjusted Net Income$278AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1CashBOYAmt
Sav And Temp Cash Invst BOY$114,987SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$164,942SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$164,942SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$114,988TotalAssetsBOYAmt
Total Assets EOY$164,942TotalAssetsEOYAmt
Total Assets EOYFMV$164,942TotalAssetsEOYFMVAmt
Other Liabilities BOY$5,819OtherLiabilitiesBOYAmt
Other Liabilities EOY$3,355OtherLiabilitiesEOYAmt
Total Liabilities BOY$5,819TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,355TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$109,169UnrestrictedBOYAmt
Unrestricted EOY$161,587UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$109,169TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$161,587TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$114,988TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$164,942TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$109,169TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$52,418ExcessRevenueOverExpensesAmt
Subtotal$161,587SubtotalAmt
Tot Net Ast Or Fund Balances EOY$161,587TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$36,112AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$55,252NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.653587DistributionYr1Rt
Adjusted Qlfy Distri Yr2$45,839AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$63,198NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.725324DistributionYr2Rt
Adjusted Qlfy Distri Yr3$13,540AdjustedQlfyDistriYr3Amt
Total Distribution1.378911TotalDistributionRt
Average Distribution0.689456AverageDistributionRt
Net Vl Noncharitable Assets$133,045NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$91,729AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$91,732AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$159,954QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$3InvestmentIncomeExciseTaxAmt
Subtotal$3SubtotalAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Tax Due$3TaxDueAmt

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
Individual With BooksHYOSEOK YANGIndividualWithBooksNm
Phone4087185622PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
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
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
UNHYI YANG
10398 WESTACRES DRIVECUPERTINOCA95014CFO1.00$0$0$0
HYOSEOK YANG
10398 WESTACRES DRIVECUPERTINOCA95014CEO1.00$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$135,071AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$135,071TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$135,071AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,026CashDeemedCharitableAmt
Net Vl Noncharitable Assets$133,045NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,652MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,652MinimumInvestmentReturnAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Total Tax$3TotalTaxAmt
Distributable Before Adj$6,649DistributableBeforeAdjAmt
Distributable Before Ded$6,649DistributableBeforeDedAmt
Distributable As Adjusted$6,649DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$159,954ExpensesAndContributionsAmt
Qualifying Distributions$159,954QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$3PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$159,951AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,649DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$13,540ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$42,681ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$33,352ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$89,573TotalExcessDistributionCyovAmt
Qualifying Distributions$159,954QualifyingDistributionsAmt
Applied To Current Year$6,649AppliedToCurrentYearAmt
Remaining Distri From Corpus$153,305RemainingDistriFromCorpusAmt
Total Corpus$242,878TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$242,878ExcessDistriCyovToNextYrAmt
Excess From Year3$13,540ExcessFromYear3Amt
Excess From Year2$42,681ExcessFromYear2Amt
Excess From Year1$33,352ExcessFromYear1Amt
Excess From Current Year$153,305ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEW LIFE MISSION CHURCH
1325 DRY CREEK RDSAN JOSECA95125TAX EXEMPTCHARITABLE DONATION$156,400
CAMPUS CRUSADE
16 TECHNOLOGY DR 205IRVINECA92618TAX EXEMPTCHARITABLE DONATION$100
COMPASSION INTERNATIONAL
12290 VOYAGER PKWYCOLORADO SPRINGSCO80921TAX EXEMPTCHARITABLE DONATION$906
THE KOREAN GOOD SAMARITAN CHURCH
19624 HOMESTEAD RDCUPERTINOCA95014TAX EXEMPTCHARITABLE DONATION$1,000
FREMONT HIGH SCHOOL DISTRICT
589 W FREMONT AVESUNNYVALECA94087TAX EXEMPTCHRITABLE DONATION$20
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$158,426TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$76RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$202RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,166RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,444RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,444TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHYOSEOK YANGContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line110398 WESTACRES DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95015ZIPCd
FieldValueIRS element (for citing)
Total Contributions$198,928TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1100 SHARES OF FDX STOCK$23,3822018-03-23
1100 SHARES OF BA STOCK$32,4732018-03-23
1914 SHARES OF APPLE STOCK$143,0732018-12-28

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$1,500Amt
Disbursements Charitable Prps$1,500DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
NANO2017-03PURCHASE2018-03$14,242$14,452-$210
APPLIED MATERIALS INC COM2017-04DONATION2018-02$26,774$19,433$7,341
BOEING CO COM2018-03DONATION2018-04$34,160$32,473$1,687
FEDEX CORP2018-03PURCHASE2018-04$25,528$23,382$2,146
APPLE INC2017-12DONATION2018-04$57,146$54,944$2,202

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
OUTSTANDING CHECKS
LOAN FROM SHAREHOLDERS$5,819$3,355

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INCORPORATION FILING FEES
TAX EXEMPT FILING FEES
FRANCHISE TAXES
OTHER TAXES$28$28

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