RIM FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
RIM FAMILY FOUNDATION (EIN 46-4333400)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-20
IRS object ID
201941409349100514
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)
Return2019-05-20T12:45:35-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-05-20SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES A RIMPreparerPersonNm
PTINP00045438PTIN
Phone3105392460PhoneNum
Preparation2019-05-20PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address172.5.192.207IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-20IPDt
IP Tm12:45:35IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id284B969A496A4E681547907C7012CDB165C96FD7AtSubmissionCreationDeviceId
At Submission Filing Device Id284B969A496A4E681547907C7012CDB165C96FD7AtSubmissionFilingDeviceId
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$1,056,920FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$16,580DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,580DividendsNetInvstIncmAmt
Dividends Adj Net Incm$16,580DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$16,363NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$933,932GrossSalesPriceAmt
Total Rev And Expnss$32,943TotalRevAndExpnssAmt
Total Net Invst Incm$16,580TotalNetInvstIncmAmt
Total Adj Net Incm$16,580TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$37,123OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$37,123TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$63,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$63,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$100,123TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$63,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$67,180ExcessRevenueOverExpensesAmt
Net Investment Income$16,580NetInvestmentIncomeAmt
Adjusted Net Income$16,580AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$59,259SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$203,991SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$203,991SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$1,064,910OtherAssetsBOYAmt
Other Assets EOY$852,929OtherAssetsEOYAmt
Other Assets EOYFMV$852,929OtherAssetsEOYFMVAmt
Total Assets BOY$1,124,169TotalAssetsBOYAmt
Total Assets EOY$1,056,920TotalAssetsEOYAmt
Total Assets EOYFMV$1,056,920TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,124,169UnrestrictedBOYAmt
Unrestricted EOY$1,056,920UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,124,169TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,056,920TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,124,169TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,056,920TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,124,169TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$67,180ExcessRevenueOverExpensesAmt
Other Increases-$69OtherIncreasesAmt
Subtotal$1,056,920SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,056,920TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$47,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,188,961NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.039530DistributionYr1Rt
Adjusted Qlfy Distri Yr2$124,818AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,075,681NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.116036DistributionYr2Rt
Adjusted Qlfy Distri Yr3$27,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$3,022,068NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.008934DistributionYr3Rt
Adjusted Qlfy Distri Yr4$15,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,100,880NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.013625DistributionYr4Rt
Total Distribution0.178125TotalDistributionRt
Average Distribution0.044531AverageDistributionRt
Net Vl Noncharitable Assets$881,664NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$39,261AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$166NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$39,427AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$63,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$166InvestmentIncomeExciseTaxAmt
Subtotal$166SubtotalAmt
Tax Based On Investment Income$166TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$166ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$166TotalPaymentsAndCreditsAmt

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$895,090AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$895,090TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$895,090AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$13,426CashDeemedCharitableAmt
Net Vl Noncharitable Assets$881,664NetVlNoncharitableAssetsAmt
Minimum Investment Return$44,083MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$44,083MinimumInvestmentReturnAmt
Tax Based On Investment Income$166TaxBasedOnInvestmentIncomeAmt
Total Tax$166TotalTaxAmt
Distributable Before Adj$43,917DistributableBeforeAdjAmt
Distributable Before Ded$43,917DistributableBeforeDedAmt
Distributable As Adjusted$43,917DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$63,000ExpensesAndContributionsAmt
Qualifying Distributions$63,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$166PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$62,834AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$43,917DistributableAsAdjustedAmt
Undistributed Income PY$12,156UndistributedIncomePYAmt
Qualifying Distributions$63,000QualifyingDistributionsAmt
Applied To Year1$12,156AppliedToYear1Amt
Applied To Current Year$43,917AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,927RemainingDistriFromCorpusAmt
Total Corpus$6,927TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$6,927ExcessDistriCyovToNextYrAmt
Excess From Current Year$6,927ExcessFromCurrentYearAmt

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 (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS STUDENTS
C/O 26314 WESTERN AVELOMITACA90717NONESTUDENTSSCHOLARSHIP$33,000
103 SAINT KOREAN CATHOLIC CENTER
2701 W 237TH STTORRANCECA90505NONEEXEMPT ORG.SCHOLARSHIP GRANTED$10,000
EWHA UNIVERSITY
475 RIVERSIDE DR 1505NEW YORKNY10115NONEEXEMPTSCHOLARSHIP GRANTED$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$63,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,580RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,363RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$32,943RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$32,943TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
270 ALPHABETH INC2018-01PURCHASE2018-02$303,357$306,393-$3,036
1800 JPMORGAN CHASE & CO2018-01PURCHASE2018-02$315,052$304,219$10,833
3400 MICROSOFT CORP2018-01PURCHASE2018-02$315,523$306,957$8,566

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENTS IN STOCKSDesc
BOY Book Value$1,064,910BOYBookValueAmt
EOY Book Value$852,929EOYBookValueAmt
EOYFMV$852,929EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE CHARGE$51
FILING FEES$352
INSURANCE$36,720

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN VALUEDesc
Amt-$69Amt

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