SHEN FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SHEN FAMILY FOUNDATION (EIN 84-3036069)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-04
- IRS object ID
- 202533089349100508
- Schema version
- 2024v5.2
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-04T14:27:43-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843036069 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Shen Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SHEN | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Hubert Shen | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,664,824 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $512,573 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,184 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,184 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $42,155 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $42,155 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $149,445 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,131,201 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $177,895 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$984 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$984 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $707,373 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $223,250 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Taxes Rev And Expnss | $748 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $48 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $14,200 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,167 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,948 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $79 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $14,167 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $53,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $53,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $68,198 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $79 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $67,417 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $639,175 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $223,171 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $39,211 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $94,126 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $94,126 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $418,149 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $418,149 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $420,119 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,288,460 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,749,032 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,025,579 | CorporateStockEOYFMVAmt |
| Other Investments EOY | $124,014 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $125,000 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,745,820 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,385,321 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,664,824 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $9,343 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,669 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,343 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,669 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,736,477 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,375,652 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,736,477 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,375,652 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,745,820 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,385,321 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,736,477 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $639,175 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,375,652 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,375,652 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $1,131,201 | GrossSalesPriceAmt |
| Cost Or Other Basis | $953,306 | CostOrOtherBasisAmt |
| Gain Or Loss | $177,895 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $177,895 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $177,895 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,102 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,102 | SubtotalAmt |
| Tax Based On Investment Income | $3,102 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $742 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,700 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $3,442 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $340 | OverpaymentAmt |
| Applied To ES Tax | $340 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Hubert Shen | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres, Treas | 5.0 | $0 | $0 | $0 |
| Lea Shen | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,162,465 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $148,787 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,784 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,330,036 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,330,036 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $34,951 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,295,085 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $114,754 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $114,754 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,102 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,102 | TotalTaxAmt |
| Distributable Before Adj | $111,652 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $111,652 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $111,652 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $67,417 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $67,417 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $111,652 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $54,209 | UndistributedIncomePYAmt |
| Qualifying Distributions | $67,417 | QualifyingDistributionsAmt |
| Applied To Year1 | $54,209 | AppliedToYear1Amt |
| Applied To Current Year | $13,208 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $98,444 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Hubert Shen | ContributingManagerNm |
| Contributing Manager | Lea Shen | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| GETS THEOLOGICAL SEMINARY | |||||||
| 412 E ROWLAND ST | COVINA | CA | 91723 | N/A | PC | General & Unrestricted | $5,000 |
| HARVARD-WESTLAKE SCHOOL | |||||||
| 700 N FARING RD | LOS ANGELES | CA | 90077 | N/A | PC | Harvard Westlake School Annual Fund | $10,000 |
| LIVING HOPE COMMUNITY CHURCH OF WALNUT VALLEY | |||||||
| 1215 W LAMBERT RD | BREA | CA | 92821 | N/A | PC | Youth Honduras 2024 Missions trip fund | $1,000 |
| TEAK FELLOWSHIP INC | |||||||
| 16 W 22ND ST 3RD FL | NEW YORK | NY | 10010 | N/A | PC | General & Unrestricted | $2,500 |
| THE GATHERING | |||||||
| 15 N ELLSWORTH AVE STE 220 | SAN MATEO | CA | 94401 | N/A | PC | Charitable Event | $4,800 |
| THE GATHERING | |||||||
| 15 N ELLSWORTH AVE STE 220 | SAN MATEO | CA | 94401 | N/A | PC | Charitable Event | $4,950 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| 2929 WALNUT ST STE 300 | PHILADELPHIA | PA | 19104 | N/A | PC | Hubert and Lea Shen Endowed Scholarship Fund | $15,000 |
| WESTRIDGE SCHOOL FOR GIRLS | |||||||
| 324 MADELINE DR | PASADENA | CA | 91105 | N/A | PC | Westridge School Annual Fund | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $53,250 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,184 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $42,155 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $149,445 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$984 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $194,800 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $194,800 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Shen Hubert | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 Chandler Place | AddressLine1Txt |
| City | San Marino | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $512,573 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | SCHWAB S P 500 INDEX FUND SELECT SHARES SWPPX, 600 sh. | $48,090 | 2024-04-03 |
| 1 | VANECK SEMICONDUCTOR ETF SMH, 75 sh. | $16,883 | 2024-04-03 |
| 1 | AMAZON COM AMZN, 120 sh. | $21,760 | 2024-04-03 |
| 1 | INVESCO INDIA ETF PIN, 1000 sh. | $29,452 | 2024-07-01 |
| 1 | FIRST TRUST NASDAQ CYBERSECURITY ETF CIBR, 365 sh. | $20,869 | 2024-07-09 |
| 1 | SELECT SECTOR SPDR ENERGY FUND XLE, 300 sh. | $28,111 | 2024-10-07 |
| 1 | SCHWAB S P 500 INDEX FUND SELECT SHARES SWPPX, 500 sh. | $44,105 | 2024-10-07 |
| 1 | ISHARES US AEROSPACE AND DEFENSE ITA, 100 sh. | $15,149 | 2024-10-07 |
| 1 | SELECT SECTOR SPDR UTILITIES XLU, 330 sh. | $25,748 | 2024-12-10 |
| 1 | ISHARES US AEROSPACE AND DEFENSE ITA, 100 sh. | $14,970 | 2024-12-10 |
| 1 | INVESCO INDIA ETF PIN, 600 sh. | $17,436 | 2024-12-10 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (48 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANCED MICRO DEVICES INC | $20,400 | $18,119 |
| AMAZON COM | $65,134 | $92,144 |
| APOLLO GLOBAL MANAGEMENT, INC | $13,615 | $16,516 |
| APPLE INC | $23,521 | $37,696 |
| ARK INNOVATION ETF | $24,589 | $22,708 |
| BERKSHIRE HATHAWAY INC. CLASS | $46,860 | $56,660 |
| BLOCK INC | $12,053 | $16,998 |
| BYD CO LTD UNSP/ADR | $12,593 | $16,993 |
| CALL GLD 01/17/2025 $225 | $8,372 | $5,325 |
| CALL SOUNDHOUND $5 09/19/2025 | $5,115 | $10,815 |
| CALL UNITY $20 06/20/2025 | $5,307 | $5,900 |
| CRISPR THERAPEUTICS AG | $16,988 | $11,808 |
| FERRARI NV | $16,989 | $21,242 |
| FINANCIAL SELECT SECTOR SPDR F | $30,668 | $44,052 |
| FIRST TRUST INDXX GLOBAL NR | $15,360 | $12,452 |
| FIRST TRUST NASDAQ CYBERSECURI | $52,001 | $67,574 |
| GLOBAL X MSCI ARGENTINA | $38,865 | $45,469 |
| GLOBAL X URANIUM | $14,199 | $13,401 |
| GOLDMAN SACHS GROUP | $25,269 | $28,631 |
| HERMES INTL 10 ADR | $21,666 | $20,318 |
| INVESCO INDIA ETF | $120,166 | $131,320 |
| INVESCO OPTIMUM YIELD DIVERSIF | $27,947 | $25,980 |
| INVESCO QQQ TRUST | $130,630 | $166,855 |
| INVESCO S&P 500 INDEX MUTUAL F | $155,203 | $217,795 |
| ISHARES MSCI INDIA ETF | $20,223 | $21,056 |
| ISHARES RUSSELL 2000 | $48,299 | $44,192 |
| ISHARES S&P GSTI SOF | $32,855 | $30,036 |
| ISHARES US AEROSPACE AND DEFEN | $49,355 | $50,873 |
| KKR & CO INC | $13,167 | $14,791 |
| KRANESHARES CSI CHINA INTERNET | $53,557 | $45,336 |
| LVMH MOET HENN UNSP | $23,845 | $19,604 |
| META PLATFORMS INC | $16,220 | $29,366 |
| NEW PROVIDENCE ACQUISITION COR | $10,460 | $8,440 |
| NVIDIA CORP | $14,911 | $67,163 |
| PROSHARES BITCOIN STRATEGY ETF | $24,020 | $22,780 |
| RUBRIK, INC. | $10,472 | $9,804 |
| SCHWAB S P 500 INDEX FUND SELE | $44,105 | $45,135 |
| SEA LTD | $13,365 | $21,220 |
| SELECT SECTOR SPDR ENERGY FUND | $89,336 | $87,760 |
| SELECT SECTOR SPDR UTILITIES | $120,958 | $121,734 |
| SHOPIFY INC | $11,092 | $15,950 |
| THE BLACKSTONE GROUP INC CL A | $47,207 | $52,211 |
| TRANSMEDICS GROUP INC | $23,928 | $12,470 |
| UBER | $15,130 | $12,064 |
| UIPATH ORD SHS CLASS A | $19,361 | $19,065 |
| VANECK SEMICONDUCTOR ETF | $43,575 | $60,801 |
| VANGUARD SF REIT ETF | $49,802 | $46,473 |
| VANGUARD VALUE ETF | $50,279 | $60,484 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $418,149 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $420,119 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VERDANT ORCHARDS, LLC | CategoryOrItemTxt |
| Book Value | $124,014 | BookValueAmt |
| EOYFMV | $125,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $14,142 | $14,142 | |
| Bank Charges | $31 | $31 | |
| K-1 Exp VERDANT ORCHARDS, LLC | $2 | ||
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss VERDANT ORCHARDS, LLC | Desc |
| Revenue And Expenses Per Books | -$984 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$984 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| BOY Book Value | $9,343 | BOYBookValueAmt |
| EOY Book Value | $9,669 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $700 | |
| Foreign Tax Paid | $48 | $48 |