BETA

E & M FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
E & M FOUNDATION INC (EIN 76-0509216)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-07-16
IRS object ID
201841979349100514
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)
Return2018-07-16T15:38:04-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHIEH LEE & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19889 BELLAIRE BLVD STE 127AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770363467ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760509216EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1E & M FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlE&MFBusinessNameControlTxt
Phone7139549507PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 19383AddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP772249383ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEMILY WANGPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7139549507PhoneNum
Signature2018-07-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVERA LEEPreparerPersonNm
PTINP00037152PTIN
Phone7139549507PhoneNum
Preparation2018-07-16PreparationDt
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$1,464,340FMVAssetsEOYAmt
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$362InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$362InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$362InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,788DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,788DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,788DividendsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$23,150TotalRevAndExpnssAmt
Total Net Invst Incm$23,150TotalNetInvstIncmAmt
Total Adj Net Incm$23,150TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,260AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$1,260AccountingFeesAdjNetIncmAmt
Printing And Pub Rev And Expnss$57PrintingAndPubRevAndExpnssAmt
Printing And Pub Adj Net Incm$57PrintingAndPubAdjNetIncmAmt
Other Expenses Rev And Expnss$529OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$529OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,846TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,846TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$67,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$67,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$69,546TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,846TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$67,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$46,396ExcessRevenueOverExpensesAmt
Net Investment Income$23,150NetInvestmentIncomeAmt
Adjusted Net Income$21,304AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$244,316CashBOYAmt
Cash EOY$197,920CashEOYAmt
Cash EOYFMV$197,920CashEOYFMVAmt
Corporate Stock BOY$614,001CorporateStockBOYAmt
Corporate Stock EOY$614,001CorporateStockEOYAmt
Corporate Stock EOYFMV$1,266,420CorporateStockEOYFMVAmt
Total Assets BOY$858,317TotalAssetsBOYAmt
Total Assets EOY$811,921TotalAssetsEOYAmt
Total Assets EOYFMV$1,464,340TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Additional Paid In Capital BOY$858,317AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$811,921AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$858,317TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$811,921TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$858,317TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$811,921TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$858,317TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$46,396ExcessRevenueOverExpensesAmt
Subtotal$811,921SubtotalAmt
Tot Net Ast Or Fund Balances EOY$811,921TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$62,950AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,019,952NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.061719DistributionYr1Rt
Adjusted Qlfy Distri Yr2$41,100AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,135,995NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.036180DistributionYr2Rt
Adjusted Qlfy Distri Yr3$64,130AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,028,908NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.062328DistributionYr3Rt
Adjusted Qlfy Distri Yr4$45,918AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$400,308NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.114707DistributionYr4Rt
Adjusted Qlfy Distri Yr5$40,100AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$290,599NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.137991DistributionYr5Rt
Total Distribution0.412925TotalDistributionRt
Average Distribution0.082585AverageDistributionRt
Net Vl Noncharitable Assets$1,377,667NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$113,775AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$232NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$114,007AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$67,700QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$463InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$463SubtotalAmt
Tax Based On Investment Income$463TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid$0OriginalReturnTaxPaidAmt
Tax Due$463TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksEMILY WANGIndividualWithBooksNm
Phone7139549507PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 772866AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77215ZIPCd
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
Relying Current Ntc Dsstr Asst1Yes (X)RelyingCurrentNtcDsstrAsst1Ind
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

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
EMILY WANG
PO BOX 772866HOUSTONTX77215DIRECTOR3.00$0$0$0
MING WANG
PO BOX 772866HOUSTONTX77215DIRECTOR3.00$0$0$0
GRACE SHIEH
9889 BELLAIRE 127HOUSTOTX77036DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt
Expenses2$0Expenses2Amt
Expenses3$0Expenses3Amt
Expenses4$0Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,183,360AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$215,287AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,398,647TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,398,647AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,980CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,377,667NetVlNoncharitableAssetsAmt
Minimum Investment Return$68,883MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$68,883MinimumInvestmentReturnAmt
Tax Based On Investment Income$463TaxBasedOnInvestmentIncomeAmt
Total Tax$463TotalTaxAmt
Distributable Before Adj$68,420DistributableBeforeAdjAmt
Distributable Before Ded$68,420DistributableBeforeDedAmt
Distributable As Adjusted$68,420DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$67,700ExpensesAndContributionsAmt
Qualifying Distributions$67,700QualifyingDistributionsAmt
Adjusted Qualifying Distri$67,700AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$68,420DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$25,384ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$62,950ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$88,334TotalExcessDistributionCyovAmt
Qualifying Distributions$67,700QualifyingDistributionsAmt
Remaining Distri From Corpus$67,700RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$68,420ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$68,420ExcessDistributionCyovAppCYAmt
Total Corpus$87,614TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$87,614ExcessDistriCyovToNextYrAmt
Excess From Year1$19,914ExcessFromYear1Amt
Excess From Current Year$67,700ExcessFromCurrentYearAmt

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 Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Buddhist Tzu Chi Foundation
6200 Corporate DrHOUSTONTX77036EXEMPT ORGDONATION$10,000
UNIVERSITY OF ST THOMAS
3800 MONTROSE BLVDHOUSTONTX77006EXEMPT ORGDONATION$30,000
Thin Blue Line (TBL) Foundation
5020 Montrose Blvd Ste400HOUSTONTX77006EXEMPT ORGDONATION$200
Houston Chinese Youth Camp
6918 Corporate Dr Suite A3HOUSTONTX77036EXEMPT ORGDONATION$1,000
Friends and Families of Asians with Special Needs
PO Box 421766HoustonTX77242EXEMPT ORGDONATION$500
Army War College Foundation Inc
122 Forbes AveCarlislePA17013EXEMPT ORGDONATION$1,000
Baylor College Of Medicine
PO Box 301207DALLASTX75303EXEMPT ORGDONATION$10,000
RICE University
PO Box 1892HOUSTONTX772511892EXEMPT ORGDONATION$10,000
Joint Chinese College Alumni Association of Houston Scholarships Inc
10303 West Office DrHOUSTONTX77042EXEMPT ORGDONATION$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$67,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$362RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,788RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,150RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$23,150TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3CASH USED FOR DONATION
4CASH USED FOR DONATION

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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)

DescDesc
NONE
NONE

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEast West Bank 20819 shares (29.49233/per share)StockNm
EOY Book Value$614,001EOYBookValueAmt
EOYFMV$1,266,420EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescOTHER IRS TAXDesc
Revenue And Expenses Per Books$529RevenueAndExpensesPerBooksAmt
Adjusted Net Income$529AdjustedNetIncomeAmt

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