BETA

CHUNG CHARITABLE FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CHUNG CHARITABLE FOUNDATION INC (EIN 77-0607988)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-07-06
IRS object ID
201831879349100223
Schema version
2017v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2018-07-06T14:48:48-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330943985PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SOPHIA MC YANG & CO CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line117534 VON KARMAN AVEAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92614ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770607988EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHUNG CHARITABLE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHUNBusinessNameControlTxt
Phone9496608988PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 DOVE ST STE 300AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92660ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTINE CHUNGPersonNm
Person TitleVice PresidentPersonTitleTxt
Signature2018-07-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSophia YangPreparerPersonNm
PTINP01343930PTIN
Phone9496518080PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,177,752FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$17InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$17InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$55,744DividendsRevAndExpnssAmt
Dividends Net Invst Incm$55,744DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$269,135NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$625,212GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$269,135CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$374,896TotalRevAndExpnssAmt
Total Net Invst Incm$324,896TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,414AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,414AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$8,183OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$8,183OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$8,183OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$2,175TaxesRevAndExpnssAmt
Taxes Net Invst Incm$150TaxesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$236TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$236TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$479OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$479OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,487TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,333TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,312TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$81,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$81,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$95,287TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,333TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$93,112TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$279,609ExcessRevenueOverExpensesAmt
Net Investment Income$316,563NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$50,491SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$44,946SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$44,946SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,344,125CorporateStockBOYAmt
Corporate Stock EOY$1,627,619CorporateStockEOYAmt
Corporate Stock EOYFMV$2,132,806CorporateStockEOYFMVAmt
Total Assets BOY$1,394,616TotalAssetsBOYAmt
Total Assets EOY$1,672,565TotalAssetsEOYAmt
Total Assets EOYFMV$2,177,752TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,660AccountsPayableBOYAmt
Total Liabilities BOY$1,660TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,392,956RetainedEarningBOYAmt
Retained Earning EOY$1,672,565RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,392,956TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,672,565TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,394,616TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,672,565TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,392,956TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$279,609ExcessRevenueOverExpensesAmt
Subtotal$1,672,565SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,672,565TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
123.6920 DOUBLELINE TOTAL RETURN BD FD CL NP2017-01-012017-01-05$1,319$1,341-$22-$22
1000.0000 POWERSHARES SENIOR LOAN ETFP2017-01-052017-07-14$23,151$23,388-$237-$237
347.0000 REAL ESTATE SCTR SPDR ETFP2016-09-222017-03-30$10,892$11,295-$403-$403
3583.7870 DOUBLELINE TOTAL RETURN BD FD CL NP2015-01-012017-01-05$38,203$40,458-$2,255-$2,255
500.0000 ISHARES INTERM CREDIT BOND ETFP2008-06-302017-01-05$54,315$49,792$4,523$4,523
300.0000 SCHWAB INTERMEDIATE TERMUS TRS ETFP2015-07-072017-08-02$16,223$16,159$64$64
400.0000 SCHWAB INTERMEDIATE TERMUS TRS ETFP2016-01-042017-08-02$21,631$21,466$165$165
700.0000 SCHWAB US BROAD MARKET ETFP2015-08-242017-03-30$39,998$32,970$7,028$7,028
300.0000 SELECT SECTOR INDUSTRIAL SPDR ETFP2011-08-102017-12-11$22,322$9,095$13,227$13,227
50.0000 SPDR S&P 500 ETFP2009-01-152017-06-15$12,188$4,206$7,982$7,982
450.0000 SPDR S&P 500 ETFP2009-02-172017-06-15$109,696$36,089$73,607$73,607
500.0000 SPDR S&P 500 ETFP2009-02-172017-08-21$121,304$40,099$81,205$81,205
50.0000 SPDR S&P 500 ETFP2009-02-172017-09-08$12,340$4,010$8,330$8,330
400.0000 SPDR S&P 500 ETFP2009-03-172017-09-08$98,719$30,976$67,743$67,743
50.0000 SPDR S&P 500 ETFP2009-03-172017-10-17$12,765$3,872$8,893$8,893
1500.0000 VANECK VECTORS PFD SEC EX FINLS ETFP2012-09-062017-07-14$30,146$30,861-$715-$715
FieldValueIRS element (for citing)
Capital Gain Net Income$269,135CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$662NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$95,101AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,858,001NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05119DistributionYr1Rt
Adjusted Qlfy Distri Yr2$98,122AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,885,585NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05204DistributionYr2Rt
Adjusted Qlfy Distri Yr3$97,698AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,010,205NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04860DistributionYr3Rt
Adjusted Qlfy Distri Yr4$87,832AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,883,257NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04664DistributionYr4Rt
Adjusted Qlfy Distri Yr5$87,309AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,778,655NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04909DistributionYr5Rt
Total Distribution0.247549TotalDistributionRt
Average Distribution0.049510AverageDistributionRt
Net Vl Noncharitable Assets$2,029,916NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$100,501AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$3,166NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$103,667AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$93,112QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,331InvestmentIncomeExciseTaxAmt
Subtotal$6,331SubtotalAmt
Tax Based On Investment Income$6,331TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,909EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$5,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$6,909TotalPaymentsAndCreditsAmt
Overpayment$578OverpaymentAmt
Applied To ES Tax$578AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
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 Line1CHRISTINE CHUNGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9496608988PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11000 DOVE ST STE 300AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP926602850ZIPCd
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

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
NELSON CHUNG
1000 DOVE ST STE 300NEWPORT BEACHCA926602850President1.00$0
CHRISTINE CHUNG
1000 DOVE ST STE 300NEWPORT BEACHCA926602850Vice President1.00$0
JENNIFER CHUNG
1000 DOVE ST STE 300NEWPORT BEACHCA926602850Vice President12.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,004,301AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$56,527AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,060,828TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,060,828AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$30,912CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,029,916NetVlNoncharitableAssetsAmt
Minimum Investment Return$101,496MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$101,496MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,331TaxBasedOnInvestmentIncomeAmt
Total Tax$6,331TotalTaxAmt
Distributable Before Adj$95,165DistributableBeforeAdjAmt
Distributable Before Ded$95,165DistributableBeforeDedAmt
Distributable As Adjusted$95,165DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$93,112ExpensesAndContributionsAmt
Qualifying Distributions$93,112QualifyingDistributionsAmt
Adjusted Qualifying Distri$93,112AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$95,165DistributableAsAdjustedAmt
Undistributed Income PY$84,962UndistributedIncomePYAmt
Qualifying Distributions$93,112QualifyingDistributionsAmt
Applied To Year1$84,962AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,150AppliedToCurrentYearAmt
Undistributed Income CY$87,015UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNELSON CHUNGContributingManagerNm
Contributing ManagerCHRISTINE CHUNGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ELIJAH WEN
169 KENSINGTON PARKIRVINECA92606NONEISCHOLARSHIP$2,000
CRUZ GONZALEZ GAETO
334 BARBARA DRPERRISCA92570NONEISCHOLARSHIP$5,000
JOCELYN GONZALEZ GAETO
334 BARBARA DRPERRISCA92570NONEISCHOLARSHIP$3,000
MADISON P ZIMMERMAN
32925 BROOKSEED DRIVETRABUCO CANYONCA92679NONEISCHOLARSHIP$2,000
MATHEW ZIMMERMAN
32925 BROOKSEED DRIVETRABUCO CANYONCA92679NONEISCHOLARSHIP$1,500
FIDELITY CHARITABLE
PO BOX 770001CINCINNATIOH45277N/APCGENERAL & UNRESTRICTED$44,000
JOSHUA ACKERMAN
36943 REGENCY PLANCEPALMDALECA93552NONEISCHOLARSHIP$800
SOPHIE CHENG
63 WINDINGWAYIRVINECA92614NONEISCHOLARSHIP$500
ELLIE YA-SHUAN CHENG
33 CANYON WOODIRVINECA92620NONEISCHOLARSHIP$1,000
EVAN WAYEN CHENG
33 CANYON WOODIRVINECA92620NONEISCHOLARSHIP$1,000
AMOS HEALTH HOPE
3088 HABERLIEN RDGIBSONIAPA15044N/APCGENERAL & UNRESTRICTED$20,000
FRANK NGUYEN
245 E PEPPER DRLONG BEACHCA90807NONEISCHOLARSHIP$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$81,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$17ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$55,744ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$269,135RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$55,761ExclusionAmt
Related Or Exempt Function Incm$269,135RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$324,896TotalIncomeProducingActyAmt

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 PersonCHUNG NELSON PContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line18 HORIZON STREETAddressLine1Txt
CityNEWPORT COASTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92657ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$2,414Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,414DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
700 ISHARES TR US HEALTHCARE$45,638$121,961
1750 SPDR FUND CONSUMER$55,748$99,558
500 ISHARES TR BARCLAYS BOND
900 S P D R S&P 500 ETF TR$87,652$240,174
1500 ENERGY SELECT SECTOR$82,371$108,390
2300 COHEN & STEERS$36,496$55,200
2850 EATON VANCE LTD DURATION$41,149$38,903
1050 SELECT SECTOR UTI SELECT$37,067$55,314
1700 SELECT SECTOR INDUSTRIAL SPDR$52,218$128,639
3707.4790 DOUBLELIN TOTAL RETURN
1000 JP MORGAN EXCH TRADED NT$39,602$27,470
1500 VANECK VECTORS PFD SEC
1000 AT & T INC COM$34,508$38,880
3300/366 ALCOA CORP COM$7,874$19,716
1000 HOVNANIAN ENTERPRISE INC CL A$3,488$3,350
500 SPDR SER TR S&P HOMEBUILDERS ETF(XHB$13,993$22,130
500 PIMCO DYNAMIC INCOME FD$15,305$15,025
5000 BARRICK GOLD CORP COMN PV$82,137$72,350
6000 PETROLEO BRASILIRO SA PETROBRAS ADS$96,800$61,740
2800 SCHWAB US BROAD MARKET$132,872$180,656
3750 SELECT STR FINANCIAL$90,164$104,663
1100 ARCONIC INC COM$19,467$29,975
1750 DOUBLELINE OPPORTUNISTIC$42,600$38,833
347 REAL ESTATE SELECT SCTR SPDR ETF
700 SCHWAB INTERMEDIATE TERM
2875 SCHWAB US LARGE CAP ETF$156,911$183,368
6000 POWERSHARES PREFERRED$90,308$89,160
4250 SCHWAB EMERGING MARKETS$103,872$118,745
6650 SCHWAB INTERNATIONAL$206,638$226,566
1000 SCHWAB US AGGREGATE BOND$52,741$52,040

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SUPPLIES$328$328
TELEPHONE AND INTERNET$151$151

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMINISTRATIVE FEES$120$120$0$120
INVESTMENT MANAGEMENT SERVICES$8,063$8,063$0$8,063

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL INCOME TAX$2,000
FOREIGN TAX PAID ON DIVIDEND INCOME$150$150
STATE OF DELAWARE$25

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