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J & S FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
J & S FAMILY FOUNDATION (EIN 26-1363311)
Tax period
2016-10-01 to 2017-09-30
Filed
2017-12-08
IRS object ID
201703439349100000
Schema version
2016v3.0
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)
Return2017-12-08T17:59:11-08:00ReturnTs
Tax Period End2017-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ABEST TAX SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1Txt
CityMILPITASCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN261363311EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1J & S FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJ&SFBusinessNameControlTxt
Phone4087728857PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLILI LIPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2017-12-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,473,040FMVAssetsEOYAmt
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$1,246InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,246InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,246InterestOnSavingsAdjNetIncmAmt
Gross Rents Rev And Expnss$13,747GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$13,747GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$13,747GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss-$11,122NetRentalIncomeOrLossAmt
Total Rev And Expnss$14,993TotalRevAndExpnssAmt
Total Net Invst Incm$14,993TotalNetInvstIncmAmt
Total Adj Net Incm$14,993TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$780AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$780AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$7,787DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$7,771DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$21,591OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$17,098OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$21,591OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$30,158TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$24,869TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$22,371TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,850ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,850ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$33,008TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$24,869TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,221TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,015ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$14,993AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$837,312CashBOYAmt
Cash EOY$827,083CashEOYAmt
Cash EOYFMV$827,083CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$753,374LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$89,572LandBldgEquipAccumDeprecAmt
Land BOY$671,588LandBOYAmt
Land EOY$663,802LandEOYAmt
Land EOYFMV$645,957LandEOYFMVAmt
Total Assets BOY$1,508,900TotalAssetsBOYAmt
Total Assets EOY$1,490,885TotalAssetsEOYAmt
Total Assets EOYFMV$1,473,040TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,508,900RetainedEarningBOYAmt
Retained Earning EOY$1,490,885RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,508,900TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,490,885TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,508,900TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,490,885TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,508,900TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,015ExcessRevenueOverExpensesAmt
Subtotal$1,490,885SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,490,885TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 Line1LILI LIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4087728857PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
QINGPING ZHENG
19601 SOMERVILLER DRIVESARATOGACA95070President & CEO4.00$0
LILI LI
19601 SOMERVILLER DRIVESARATOGACA95070Secretary4.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$833,304AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$833,304TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$833,304AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,500CashDeemedCharitableAmt
Net Vl Noncharitable Assets$820,804NetVlNoncharitableAssetsAmt
Minimum Investment Return$41,040MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$41,040MinimumInvestmentReturnAmt
Distributable Before Adj$41,040DistributableBeforeAdjAmt
Distributable Before Ded$41,040DistributableBeforeDedAmt
Distributable As Adjusted$41,040DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,221ExpensesAndContributionsAmt
Qualifying Distributions$25,221QualifyingDistributionsAmt
Adjusted Qualifying Distri$25,221AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$41,040DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$12,227ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$11,003ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$23,230TotalExcessDistributionCyovAmt
Qualifying Distributions$25,221QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$25,221AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$15,819ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$15,819ExcessDistributionCyovAppCYAmt
Total Corpus$7,411TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$7,411ExcessDistriCyovToNextYrAmt
Excess From Year4$7,411ExcessFromYear4Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerQINGPING ZHENGContributingManagerNm
Contributing ManagerLILI LIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
A-Sharp Choir
10110 N De Anza BlvdCupertinoCA95014DonationPCTo bring choral music to our community, foster cultural exchanges and education, especially in the areas of music and choral art, and to promote Chinese culture. NCCCA improves the cooperation, exchange, and education among choirs by organizing all kinds of cultural activities, therefore increases the level of artistry, the visibility and impact of choral art, and community services.$1,350
Orion Abacus Association
40087 Mission Blvd Unit 162FremontCA94539DonationPCDedicated to helping students improve their arithmetic skills.$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,850TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,246RelatedOrExemptFunctionIncmAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business531390BusinessCd
Unrelated Business Taxbl Incm-$11,122UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm-$11,122UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm$1,246RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$9,876TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeeCategoryTxt
Amt$780Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$780DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
CHAIR2010-01-13$328$312200DB0.0446$16
BUILDING2010-10-12$181,929$39,415SL0.0364$6,615$6,615
WATER HEATER2012-01-13$800$754200DB0.0576$46$46
IMPROVEMENT2013-07-08$6,000$1,875SL0.1000$600$600
IMPROVEMENT2013-08-20$5,100$1,594SL0.1000$510$510

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (6 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtEOYFMVEOYFMVAmtBook ValueBookValueAmt
Auto./Transportation Equip.$36,106$36,106$500
Furniture and Fixtures$328$328$25
Machinery and Equipment$2,529$2,529$50
Buildings$181,929$46,030$120,000$135,899
Improvements$11,100$4,579$4,000$6,521
Land$521,382$521,382$521,382

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Auto Expenses$954$954
Bank Services Fee$208$208
Books, subscriptions, reference$2,000$2,000
Filing Expense$42$42
Meals and Entertainment$1,151$1,151
Office Expenses$3$3
Office Supplies$135$135
Rental Expenses$17,098$17,098$17,098

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