O & R FOUNDATION INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
O & R FOUNDATION INC (EIN 20-3976090)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-11-13
IRS object ID
201733179349102503
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)
Return2017-11-13T15:49:29-08:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Benn & Leman CPAs IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11508 Eureka Road Suite 200AddressLine1Txt
CityRosevilleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95661ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203976090EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The O&R Chun Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlO&RCBusinessNameControlTxt
Phone9167867626PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13741 Douglas Blvd Suite 130AddressLine1Txt
CityRosevilleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95661ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRichard BD ChunPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKatherine L Leman CPAPreparerPersonNm
PTINP00298369PTIN
Phone9167601680PhoneNum
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$182,590FMVAssetsEOYAmt
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$3,413DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,413DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,413DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$7,084NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$69,043GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,084CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$10,497TotalRevAndExpnssAmt
Total Net Invst Incm$10,497TotalNetInvstIncmAmt
Total Adj Net Incm$3,413TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$1,368OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$80TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,448TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,750ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,750ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,198TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$12,750TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3,701ExcessRevenueOverExpensesAmt
Net Investment Income$10,497NetInvestmentIncomeAmt
Adjusted Net Income$3,413AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,202CashBOYAmt
Cash EOY$2,048CashEOYAmt
Cash EOYFMV$2,048CashEOYFMVAmt
Other Investments BOY$151,343OtherInvestmentsBOYAmt
Other Investments EOY$147,796OtherInvestmentsEOYAmt
Other Investments EOYFMV$180,542OtherInvestmentsEOYFMVAmt
Total Assets BOY$153,545TotalAssetsBOYAmt
Total Assets EOY$149,844TotalAssetsEOYAmt
Total Assets EOYFMV$182,590TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$153,545UnrestrictedBOYAmt
Unrestricted EOY$149,844UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$153,545TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$149,844TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$153,545TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$149,844TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$153,545TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3,701ExcessRevenueOverExpensesAmt
Subtotal$149,844SubtotalAmt
Tot Net Ast Or Fund Balances EOY$149,844TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
997.68 SHARES DFA GLOBAL AALOC 25/75P2009-03-062016-10-26$12,865$9,191$3,674$3,674
90.957 SHARES DFA SHORT TERM EXTENDED QUALITYP2017-01-012017-05-01$985$987-$2-$2
5099.50 SHARES DFA SHORT TERM EXTENDED QUALITYP2015-01-012017-05-01$55,193$51,781$3,412$3,412
FieldValueIRS element (for citing)
Capital Gain Net Income$7,084CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$2NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$12,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$190,736NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.06291DistributionYr1Rt
Adjusted Qlfy Distri Yr2$12,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$202,701NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05920DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,437AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$214,411NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.07666DistributionYr3Rt
Adjusted Qlfy Distri Yr4$17,940AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$221,739NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.08091DistributionYr4Rt
Adjusted Qlfy Distri Yr5$14,201AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$233,385NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06085DistributionYr5Rt
Total Distribution0.340529TotalDistributionRt
Average Distribution0.068106AverageDistributionRt
Net Vl Noncharitable Assets$181,741NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$12,378AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$105NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$12,483AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$12,750QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$105InvestmentIncomeExciseTaxAmt
Subtotal$105SubtotalAmt
Tax Based On Investment Income$105TaxBasedOnInvestmentIncomeAmt
Applied To Es Tax$105AppliedToEsTaxAmt
Total Payments And Credits$105TotalPaymentsAndCreditsAmt

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 Line1Benn & Leman CPAs IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9167601680PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11508 Eureka Road Suite 200AddressLine1Txt
CityRosevilleCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95661ZIPCd
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
Richard BD Chun
3741 Douglas Blvd Suite 130RosevilleCA95661President1.00$0
Kimberly Foss CFP
3741 Douglas Blvd Suite 130RosevilleCA95661Secretary1.00$0
Charles K Benn CPA
1508 Eureka Road Suite 200RosevilleCA95661Treasurer1.00$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$182,004AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,505AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$184,509TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$184,509AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,768CashDeemedCharitableAmt
Net Vl Noncharitable Assets$181,741NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,087MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,087MinimumInvestmentReturnAmt
Tax Based On Investment Income$105TaxBasedOnInvestmentIncomeAmt
Total Tax$105TotalTaxAmt
Distributable Before Adj$8,982DistributableBeforeAdjAmt
Distributable Before Ded$8,982DistributableBeforeDedAmt
Distributable As Adjusted$8,982DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,750ExpensesAndContributionsAmt
Qualifying Distributions$12,750QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$105PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$12,645AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,982DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,620ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$6,973ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$5,842ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,035ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,533ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$20,003TotalExcessDistributionCyovAmt
Qualifying Distributions$12,750QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,982AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,768RemainingDistriFromCorpusAmt
Total Corpus$23,771TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,620ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$21,151ExcessDistriCyovToNextYrAmt
Excess From Year4$6,973ExcessFromYear4Amt
Excess From Year3$5,842ExcessFromYear3Amt
Excess From Year2$2,035ExcessFromYear2Amt
Excess From Year1$2,533ExcessFromYear1Amt
Excess From Current Year$3,768ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRichard BD ChunContributingManagerNm
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
SIERRA COLLEGE FOUNDATION
5000 ROCKLIN ROADROCKLINCA95677NonePCEDUCATIONAL ASSISTANCE$12,000
BRANDMAN UNIVERSITY FOR KRISTY WETZ
400 Sunrise Ave Suite 200RosevilleCA95661NoneEDUCATIONAL SCHOLARSHIP$750
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,750TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,413ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,084ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$10,497ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,497TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
DFA SHORT TERM EXTENDED QUALITY PORT INSAT COST
DFA GLOBAL ALLOC 25/75AT COST$147,796$180,542

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORY FEESCategoryTxt
Amt$1,368Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL NET INVESTMENT INCOME TAX$70
STATE FILING FEE$10

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