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JAMES AND SUSAN HE FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
JAMES AND SUSAN HE FOUNDATION (EIN 20-5282768)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-12-14
IRS object ID
201723489349100012
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)
Return2017-12-14T13:16:42-08:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Eric Zhang & Associates LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1920 Hillview Court 180AddressLine1Txt
CityMilpitasCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205282768EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES AND SUSAN HE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJAMEBusinessNameControlTxt
Phone4084200974PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1874 PECAN COURTAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUNSHENG HEPersonNm
Person TitleCEOPersonTitleTxt
Signature2017-12-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIC ZHANG CPAPreparerPersonNm
PTINP00548506PTIN
Phone4084358828PhoneNum
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$683,035FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$24,782DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,782DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,990NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$55,994GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,990CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$26,772TotalRevAndExpnssAmt
Total Net Invst Incm$26,772TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,515AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,515AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$3,992TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,685TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$637DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$337OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$337OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$6,481TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,685TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,852TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$6,481TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,685TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,852TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$20,291ExcessRevenueOverExpensesAmt
Net Investment Income$24,087NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$101,482SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$43,136SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$43,136SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$508,855CorporateStockBOYAmt
Corporate Stock EOY$496,667CorporateStockEOYAmt
Corporate Stock EOYFMV$547,431CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$4,740LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,734LandBldgEquipAccumDeprecAmt
Land BOY$1,643LandBOYAmt
Land EOY$1,006LandEOYAmt
Land EOYFMV$1,006LandEOYFMVAmt
Other Assets EOY$91,462OtherAssetsEOYAmt
Other Assets EOYFMV$91,462OtherAssetsEOYFMVAmt
Total Assets BOY$611,980TotalAssetsBOYAmt
Total Assets EOY$632,271TotalAssetsEOYAmt
Total Assets EOYFMV$683,035TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$219,330CapitalStockBOYAmt
Capital Stock EOY$219,330CapitalStockEOYAmt
Retained Earning BOY$392,650RetainedEarningBOYAmt
Retained Earning EOY$412,941RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$611,980TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$632,271TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$611,980TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$632,271TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$611,980TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$20,291ExcessRevenueOverExpensesAmt
Subtotal$632,271SubtotalAmt
Tot Net Ast Or Fund Balances EOY$632,271TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property10000 PXLWPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2014-10-10AcquiredDt
Sold2017-05-05SoldDt
Gross Sales Price$55,994GrossSalesPriceAmt
Cost Or Other Basis$54,004CostOrOtherBasisAmt
Gain Or Loss$1,990GainOrLossAmt
Gains Minus Excess Or Losses$1,990GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,990CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$42,503AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$542,935NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.07828DistributionYr1Rt
Adjusted Qlfy Distri Yr2$44,068AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$671,141NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06566DistributionYr2Rt
Adjusted Qlfy Distri Yr3$45,759AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$638,615NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.07165DistributionYr3Rt
Adjusted Qlfy Distri Yr4$33,232AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$546,047NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.06086DistributionYr4Rt
Adjusted Qlfy Distri Yr5$32,258AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$526,158NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06131DistributionYr5Rt
Total Distribution0.337767TotalDistributionRt
Average Distribution0.067553AverageDistributionRt
Net Vl Noncharitable Assets$675,807NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$45,653AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$241NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$45,894AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,852QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$482InvestmentIncomeExciseTaxAmt
Subtotal$482SubtotalAmt
Tax Based On Investment Income$482TaxBasedOnInvestmentIncomeAmt
Tax Due$482TaxDueAmt

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 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 Line1RUNSHENG HEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4084200974PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1874 PECAN COURTAddressLine1Txt
CitySUNNYVALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94087ZIPCd
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
RUNSHENG HE
874 PECAN COURTSUNNYVALECA94087CEO2.00$0
FANG WU
874 PECAN COURTSUNNYVALECA94087Secretary2.00$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$546,582AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$48,054AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$91,462FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$686,098TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$686,098AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,291CashDeemedCharitableAmt
Net Vl Noncharitable Assets$675,807NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,790MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,790MinimumInvestmentReturnAmt
Tax Based On Investment Income$482TaxBasedOnInvestmentIncomeAmt
Total Tax$482TotalTaxAmt
Distributable Before Adj$33,308DistributableBeforeAdjAmt
Distributable Before Ded$33,308DistributableBeforeDedAmt
Distributable As Adjusted$33,308DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,852ExpensesAndContributionsAmt
Qualifying Distributions$1,852QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,852AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$33,308DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$6,441ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr1$17,392ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,833TotalExcessDistributionCyovAmt
Qualifying Distributions$1,852QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,852AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$23,833ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$23,833ExcessDistributionCyovAppCYAmt
Undistributed Income CY$7,623UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRUNSHENG HEContributingManagerNm
Contributing ManagerFANG WUContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$24,782RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,990RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26,772RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$26,772TotalIncomeProducingActyAmt

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$1,515Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,515DisbursementsCharitablePrpsAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$4,740CostOrOtherBasisAmt
Accumulated Depreciation$3,734AccumulatedDepreciationAmt
Book Value$1,006BookValueAmt
EOYFMV$1,006EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescOTHER RECEIVABLESDesc
EOY Book Value$91,462EOYBookValueAmt
EOYFMV$91,462EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$90$90
FILLING FEE$60$60
TRANSPORTATION EXPENSE$187$187

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$524$524
TAX PAYMENT$3,468$2,161

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