KAHNG FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- KAHNG FOUNDATION (EIN 74-2883492)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-23
- IRS object ID
- 201731439349100313
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-23T12:11:29-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ledwith Houghton & Co CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 643 Bair Island Rd 105 | AddressLine1Txt |
| City | Redwood City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742883492 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAHNG FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | CO STEPHEN KAHNG | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KAHN | BusinessNameControlTxt |
| Phone | 5126577777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9119 METRIC BLVD | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78758 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN KAHNG | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2017-05-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN R HOUGHTON CPA | PreparerPersonNm |
| PTIN | P01328531 | PTIN |
| Phone | 6503061400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,054,482 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $140,453 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $140,453 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $140,453 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $262,525 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $343,029 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $262,525 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $161,375 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $564,353 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $402,978 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $140,453 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $48,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $48,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $17,596 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $17,596 | PensionEmplBnftNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,500 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $8,252 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,252 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $132,289 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $132,289 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,800 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,800 | TravConfMeetingNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $43,525 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $43,525 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $255,962 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $255,962 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $587,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $587,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $843,112 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $255,962 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $587,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$278,759 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $147,016 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $140,453 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $104,117 | CashBOYAmt |
| Cash EOY | $105,869 | CashEOYAmt |
| Cash EOYFMV | $105,868 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $66,627 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $60 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $60 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $953,082 | CorporateStockBOYAmt |
| Corporate Stock EOY | $872,577 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,307,530 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $233,999 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $233,999 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $233,999 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,638,314 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $231,289 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,539,314 | LandBOYAmt |
| Land EOY | $3,407,025 | LandEOYAmt |
| Land EOYFMV | $3,407,025 | LandEOYFMVAmt |
| Total Assets BOY | $4,897,139 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,619,530 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,054,482 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $401,501 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $401,501 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $4,431 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,581 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $405,932 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $407,082 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Additional Paid In Capital BOY | $4,491,207 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $4,212,448 | AdditionalPaidInCapitalEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,491,207 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,212,448 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,897,139 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,619,530 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,491,207 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$278,759 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,212,448 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,212,448 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| APPLE INC | P | 2000-09-12 | 2016-01-01 | $341,966 | $3,388 | $338,578 | $338,578 |
| ALCATEL | P | 2000-01-18 | 2016-06-02 | $1,063 | $77,116 | -$76,053 | -$76,053 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $262,525 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $569,582 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,194,594 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04317 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $567,080 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,711,575 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04461 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $460,700 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,747,950 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03922 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $427,679 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $9,872,984 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04332 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $315,700 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,389,791 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03763 | DistributionYr5Rt |
| Total Distribution | 0.207941 | TotalDistributionRt |
| Average Distribution | 0.041588 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $14,715,055 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $611,970 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,470 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $613,440 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $587,150 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,940 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,940 | SubtotalAmt |
| Tax Based On Investment Income | $2,940 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,027 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,027 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $87 | EsPenaltyAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN KAHNG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5126577777 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9119 METRIC BLVD STE 100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78738 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2015 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| CHOONJA KAHNG | ||||||
| 2106 CLIFF EDGE DR | AUSTIN | TX | 78733 | President | 5.00 | $24,000 |
| STEPHEN KAHNG | ||||||
| 2106 CLIFF EDGE DR | AUSTIN | TX | 78733 | Treasurer | 5.00 | $24,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,327,637 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,138,336 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,473,169 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,939,142 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $14,939,142 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $224,087 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,715,055 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $735,753 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $735,753 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,940 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,940 | TotalTaxAmt |
| Distributable Before Adj | $732,813 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $732,813 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $732,813 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $587,150 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $587,150 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $587,150 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $732,813 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $658,312 | UndistributedIncomePYAmt |
| Qualifying Distributions | $587,150 | QualifyingDistributionsAmt |
| Applied To Year1 | $587,150 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Taxable2 | $71,162 | Taxable2Amt |
| Undistributed Income CY | $732,813 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASIAN ART MUSEUM OF SF | |||||||
| 200 Larkin St | SAN FRANCISCO | CA | 94102 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $100,000 |
| HARVARD UNIVERSITY | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 02138 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $125,000 |
| STANFORD UNIVERSITY | |||||||
| PO BOX 20466 | STANFORD | CA | 94309 | NONE | N/A | TO SUPPORT THE ONGOING EDUCATIONAL ACTIVITIES OF THE ORGANIZATION | $100,000 |
| COUNCIL FOR KOREAN AMERICANS | |||||||
| PO Box 47 | Dunn Loring | VA | 22027 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $1,500 |
| WHITNEY MUSEUM | |||||||
| 945 Madison Ave | New York | NY | 10021 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $14,000 |
| ASIA FOUNDATION | |||||||
| 465 CALIFORNIA ST 9 | SAN FRANCISCO | CA | 94104 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $100,000 |
| SAN FRANCISCO OPERA | |||||||
| 301 Van Ness Ave | San Francisco | CA | 94102 | NONE | N/A | TO SUPPORT THE ARTS | $85,000 |
| Korean American Community Foundatio | |||||||
| 3rd Fl 501 5th Ave | New York | NY | 10017 | NONE | NONE | TO SUPPORT THE ONGOING EDUCATIONAL ACTIVITIES OF THE ORGANIZATION | $5,000 |
| MUSIC FOR MINORS | |||||||
| 1100 Industrial Road Suite 10 | SAN CARLOS | CA | 94070 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $5,000 |
| United Way Silicon Valley | |||||||
| 1400 Parkmoor Avenue Suite 250 | San Jose | CA | 95126 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $150 |
| Saint Nicholas Chathlic Church | |||||||
| 473 Lincoln Ave | Los Altos | CA | 94022 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $10,000 |
| Sonnett Ensamble | |||||||
| 3148 El Camino Real 202 | Santa Clara | CA | 95051 | NONE | N/A | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $2,000 |
| ANGEL ISLAND FOUNDATION | |||||||
| 9119 METRIC BLVD | AUSTIN | TX | 78758 | NONE | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $5,000 | |
| FRIENDS OF HAWAII CHARITIESINC | |||||||
| 9119 METRIC BLVD | AUSTIN | TX | 78758 | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $11,750 | ||
| Committee for North Korean Human Ri | |||||||
| 9119 METRIC BLVD | AUSTIN | TX | 78758 | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $10,000 | ||
| Silicon Valley Education Foundation | |||||||
| 9119 METRIC BLVD | AUSTIN | TX | 78758 | NONE | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $10,000 | |
| Guggunheim Museum | |||||||
| 1071 5TH AVENUE | NEW YORK | NY | 10128 | NONE | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $1,750 | |
| Skys the Limit Fund | |||||||
| 510A Valley Way | Milpitas | CA | 95035 | NONE | TO SUPPORT THE ONGOING ACTIVITIES OF THE ORGANIZATION | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $587,150 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $140,453 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$6,136 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $262,525 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $140,453 | ExclusionAmt |
| Related Or Exempt Function Incm | $256,389 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $396,842 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| 150 WEST EDITH #11 CONDO | 2013-04-16 | $614,334 | $48,590 | SL | 0.0364 | $22,337 | $22,337 | $22,337 |
| BAY ROAD CONDO | 2015-07-01 | $3,023,980 | $50,410 | SL | 0.0364 | $109,952 | $109,952 | $109,952 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CHARLES SCHWAB | StockNm |
| EOY Book Value | $872,577 | EOYBookValueAmt |
| EOYFMV | $10,307,530 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MODO LABS INVESTMENT LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $233,999 | BookValueAmt |
| EOYFMV | $233,999 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Buildings | CategoryOrItemTxt |
| Cost Or Other Basis | $3,638,314 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $231,289 | AccumulatedDepreciationAmt |
| Book Value | $3,407,025 | BookValueAmt |
| EOYFMV | $3,407,025 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INSURANCE | $6,066 | $6,066 |
| OTHER INVESTMENT EXPENSES | $2,237 | $2,237 |
| Rental Expenses | $35,222 | $35,222 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rental Income - Noninvestment Property | Desc |
| Revenue And Expenses Per Books | $161,375 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED SALARIES | Desc |
| BOY Book Value | $4,431 | BOYBookValueAmt |
| EOY Book Value | $5,581 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAX | CategoryTxt |
| Amt | $8,252 | Amt |
| Net Investment Income | $8,252 | NetInvestmentIncomeAmt |
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