UNHYI AND HYOSEOK YANG FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
UNHYI AND HYOSEOK YANG FOUNDATION (EIN 47-4367935)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-09-17
IRS object ID
201802619349100300
Schema version
2017v2.3
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)
Return2018-09-17T17:38:47-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

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 Begin2017-01-01TaxPeriodBeginDt

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
Signature2018-09-13SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES S HAN CPAPreparerPersonNm
PTINP00895051PTIN
Phone4082465090PhoneNum
Preparation2018-09-17PreparationDt
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)
IP2018-09-17IPDt
IP Tm19:38:47IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD5CD4E1E6B4B9D3341AB49C889C1500E54BFD036AtSubmissionCreationDeviceId
At Submission Filing Device Id8891159DEEF9B6766752B926ADE7E52944868CD2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$114,988FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$95,009ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$150DividendsRevAndExpnssAmt
Dividends Net Invst Incm$150DividendsNetInvstIncmAmt
Dividends Adj Net Incm$150DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$11,221NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$21,067GrossSalesPriceAmt
Total Rev And Expnss$106,383TotalRevAndExpnssAmt
Total Net Invst Incm$153TotalNetInvstIncmAmt
Total Adj Net Incm$153TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,500AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,525TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,525TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$34,587ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$34,587ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$36,112TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$36,112TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$70,271ExcessRevenueOverExpensesAmt
Net Investment Income$153NetInvestmentIncomeAmt
Adjusted Net Income$153AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1CashBOYAmt
Cash EOY$1CashEOYAmt
Cash EOYFMV$1CashEOYFMVAmt
Sav And Temp Cash Invst BOY$52,439SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$114,987SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$114,987SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$52,440TotalAssetsBOYAmt
Total Assets EOY$114,988TotalAssetsEOYAmt
Total Assets EOYFMV$114,988TotalAssetsEOYFMVAmt
Other Liabilities BOY$13,542OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,819OtherLiabilitiesEOYAmt
Total Liabilities BOY$13,542TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,819TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$38,898UnrestrictedBOYAmt
Unrestricted EOY$109,169UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$38,898TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$109,169TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$52,440TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$114,988TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$38,898TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$70,271ExcessRevenueOverExpensesAmt
Subtotal$109,169SubtotalAmt
Tot Net Ast Or Fund Balances EOY$109,169TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$45,839AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$63,198NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.725324DistributionYr1Rt
Adjusted Qlfy Distri Yr2$13,540AdjustedQlfyDistriYr2Amt
Total Distribution0.725324TotalDistributionRt
Average Distribution0.725324AverageDistributionRt
Net Vl Noncharitable Assets$55,252NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$40,076AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$2NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$40,078AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$36,112QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
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

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$56,093AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$56,093TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$56,093AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$841CashDeemedCharitableAmt
Net Vl Noncharitable Assets$55,252NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,763MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,763MinimumInvestmentReturnAmt
Tax Based On Investment Income$3TaxBasedOnInvestmentIncomeAmt
Total Tax$3TotalTaxAmt
Distributable Before Adj$2,760DistributableBeforeAdjAmt
Distributable Before Ded$2,760DistributableBeforeDedAmt
Distributable As Adjusted$2,760DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$36,112ExpensesAndContributionsAmt
Qualifying Distributions$36,112QualifyingDistributionsAmt
Adjusted Qualifying Distri$36,112AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,760DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$13,540ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$42,681ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$56,221TotalExcessDistributionCyovAmt
Qualifying Distributions$36,112QualifyingDistributionsAmt
Applied To Current Year$2,760AppliedToCurrentYearAmt
Remaining Distri From Corpus$33,352RemainingDistriFromCorpusAmt
Total Corpus$89,573TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$89,573ExcessDistriCyovToNextYrAmt
Excess From Year2$13,540ExcessFromYear2Amt
Excess From Year1$42,681ExcessFromYear1Amt
Excess From Current Year$33,352ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEW LIFE MISSION CHURCH
1325 DRY CREEK RDSAN JOSECA95125TAX EXEMPTCHARITABLE DONATION$33,717
BETA FOUNDTION (MIT)
600 MEMORIAL DRCAMBRIDGEMA02139TAX EXEMPTCHARITABLE DONATION$100
KENNEDY MIDDLE SCHOOL
821 BUBB RDCUPERTINOCA95014TAX EXEMPTCHARITABLE DONATION$770
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$34,587TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$150RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,221RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,374RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$11,374TotalIncomeProducingActyAmt

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$95,009TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1500 SHARES OF AMI STOCK$19,4332017-04-05
1800 SHARES OF BAC STOCK$20,6322017-10-11
1321 SHARES OF APPLE STOCK$54,9442017-12-28

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

FieldValueIRS element (for citing)
Asset800 SHARES OF BANK OF AMERICA STOCKAssetDesc
Acquired2016-06AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2017-11SoldDt
Gross Sales Price$21,067GrossSalesPriceAmt
Basis$9,846BasisAmt
Total Net$11,221TotalNetAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
OUTSTANDING CHECKS
LOAN FROM SHAREHOLDERS$13,542$5,819

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INCORPORATION FILING FEES
TAX EXEMPT FILING FEES
FRANCHISE TAXES
OTHER TAXES$25$25

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