WANGSONG FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
WANGSONG FAMILY FOUNDATION (EIN 46-1586372)
Tax period
2015-11-01 to 2016-10-31
Filed
2017-02-16
IRS object ID
201700489349100000
Schema version
2015v3.0
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)
Return2017-02-16T09:03:45-00:00ReturnTs
Tax Period End2016-10-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2015-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461586372EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WANGSONG FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWANGBusinessNameControlTxt
Phone4082129778PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12522 BATON ROUGEAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95133ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWEI WANGPersonNm
Person TitleCEOPersonTitleTxt
Signature2017-02-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWINSTON W LEE CPAPreparerPersonNm
Phone7075295480PhoneNum
Preparation2017-02-16PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$322,691FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$974InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$974InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$974TotalRevAndExpnssAmt
Total Net Invst Incm$974TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$700AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$21TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$30OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$751TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$18,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$18,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,251TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,277ExcessRevenueOverExpensesAmt
Net Investment Income$974NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$20,085CashBOYAmt
Cash EOY$3,344CashEOYAmt
Cash EOYFMV$3,344CashEOYFMVAmt
Sav And Temp Cash Invst BOY$320,883SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$319,347SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$319,347SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$340,968TotalAssetsBOYAmt
Total Assets EOY$322,691TotalAssetsEOYAmt
Total Assets EOYFMV$322,691TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$340,968UnrestrictedBOYAmt
Unrestricted EOY$322,691UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$340,968TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$322,691TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$340,968TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$322,691TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$340,968TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,277ExcessRevenueOverExpensesAmt
Subtotal$322,691SubtotalAmt
Tot Net Ast Or Fund Balances EOY$322,691TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$17,989AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$340,878NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.052773DistributionYr1Rt
Adjusted Qlfy Distri Yr2$16,990AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$343,642NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000.049441DistributionYr2Rt
Adjusted Qlfy Distri Yr3$348AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$345,093NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000.001008DistributionYr3Rt
Total Distribution000.103222TotalDistributionRt
Average Distribution000.034407AverageDistributionRt
Net Vl Noncharitable Assets$334,280NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$11,502AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$10NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$11,512AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$10InvestmentIncomeExciseTaxAmt
Subtotal$10SubtotalAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Tax Due$10TaxDueAmt

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
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 AddressNAWebsiteAddressTxt
Individual With BooksXIN-NING SONGIndividualWithBooksNm
Phone4084317688PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12522 BATON ROUGEAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95133ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
WEI WANG
2522 BATON ROUGESAN JOSECA95133CEO006.00$0
XIN-NING SONG
2522 BATON ROUGESAN JOSECA95133CFO SECRETARY006.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1CHINESE PERFORMING ARTS OF AMERICA CONTRIBUTION FOR PURPOSE OF PROMOTING CHINESE PERFORMING ARTS IN THE UNITED STATESDescription1Txt
Expenses1$16,500Expenses1Amt
Description2SUMMIT PUBLIC SCHOOLS CONTRIBUTION TO ASSIST STUDENTS FOR A SUCCESSFUL POST SECONDARY EDUCATIONDescription2Txt
Expenses2$2,000Expenses2Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$339,371AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$339,371TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$339,371AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,091CashDeemedCharitableAmt
Net Vl Noncharitable Assets$334,280NetVlNoncharitableAssetsAmt
Minimum Investment Return$16,714MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$16,714MinimumInvestmentReturnAmt
Tax Based On Investment Income$10TaxBasedOnInvestmentIncomeAmt
Total Tax$10TotalTaxAmt
Distributable Before Adj$16,704DistributableBeforeAdjAmt
Distributable Before Ded$16,704DistributableBeforeDedAmt
Distributable As Adjusted$16,704DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,500ExpensesAndContributionsAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$10PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$18,490AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$16,704DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$967ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$967TotalExcessDistributionCyovAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt
Applied To Current Year$16,704AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,796RemainingDistriFromCorpusAmt
Total Corpus$2,763TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,763ExcessDistriCyovToNextYrAmt
Excess From Year1$967ExcessFromYear1Amt
Excess From Current Year$1,796ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonXIN-NING SONGRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12522 BATON ROUGEAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95133ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4084317688RecipientPhoneNum
Recipient Email AddressXINITAGMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsNONE AT PRESENTFormAndInfoAndMaterialsTxt
Submission DeadlinesNONE AT PRESENTSubmissionDeadlinesTxt
Restrictions On AwardsNONE AT PRESENTRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SUMMIT PUBLIC SCHOOLS
495 MERCURY DRIVESUNNYVALECA94085ASSIST COLLEGE BOUND STUDENTS$2,000
CHINESE PERFORMING ARTS OF AMERICA
6148 BOLLINGER ROADSAN JOSECA95129PROMOTE CHINESE ARTS$16,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$18,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$974RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$974RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$974TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (9 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1WANGSONG FAMILY FOUNDATIONS MISSION IS TO PROVIDE K-12 ENRICHMENT SERVICES.
2CHINESE PERFORMING ARTS OF AMERICA PROVIDES CLASSES TO CHILDREN AND ADULTS
3EACH WEEK IN CHINESE TRANDITIONAL AND COMTEMPRORARY PERFORMING ARTS AS WELL AS
4PERFORMANCE OPPORTUNITIES FOR CHILDREN AND YOUTH SUCH AS AT COMPETITIONS AND
5FESTIVALS.
6ANOTHER MISSION OF THE FOUNDATION IS TO PROVIDE EDUCATIONAL RESOURCES TO
7UNDERPRIVILEGED CHILDREN BY WAYS PROVIDING EDUCATIONAL TOOLS, BOOKS, PROVIDING
8A PART OF THE ENROLLMENT FEES TO VARIOUS SCHOOL PROGRAMS. THE FOUNDATIONS
9DONATION TO SUMMIT PUBLIC SCHOOLS FULFILL SUCH MISSION.

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEECategoryTxt
Amt$700Amt

General Explanation Attachment GeneralExplanationAttachment

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMISC. EXPENSESDesc
Revenue And Expenses Per Books$30RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
CA FRANCHISE TAX BOARD$10
UNITED STATES TREASURY$11

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.