TONG & DANIELLE FAMILY FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
TONG & DANIELLE FAMILY FOUNDATION (EIN 27-4205986)
Tax period
2015-12-01 to 2016-11-30
Filed
2017-10-13
IRS object ID
201732869349100318
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)
Return2017-10-13T11:41:52-07:00ReturnTs
Tax Period End2016-11-30TaxPeriodEndDt

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 Begin2015-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274205986EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TONG & DANIELLE FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTONGBusinessNameControlTxt
Phone5103861943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11263 FARRAGUT DRAddressLine1Txt
CityFREMONTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94539ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIELLE SUNPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2017-10-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIC ZHANG CPAPreparerPersonNm
PTINP00548506PTIN
Phone4084358828PhoneNum
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$179,271FMVAssetsEOYAmt
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$6,686DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,686DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$6,826NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$117,893GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6,826CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$13,512TotalRevAndExpnssAmt
Total Net Invst Incm$13,512TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$1,140LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$1,140LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$2,435TaxesRevAndExpnssAmt
Taxes Net Invst Incm$107TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$2,328TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$1,381DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$26OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$26OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$4,982TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$107TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,494TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,185ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,185ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,167TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$107TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,679TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,345ExcessRevenueOverExpensesAmt
Net Investment Income$13,405NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$7,140CashEOYAmt
Cash EOYFMV$7,140CashEOYFMVAmt
Sav And Temp Cash Invst BOY$15,263SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$46,719SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$46,719SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$142,125CorporateStockBOYAmt
Corporate Stock EOY$110,362CorporateStockEOYAmt
Corporate Stock EOYFMV$125,412CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$5,867LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,867LandBldgEquipAccumDeprecAmt
Land BOY$1,381LandBOYAmt
Total Assets BOY$158,769TotalAssetsBOYAmt
Total Assets EOY$164,221TotalAssetsEOYAmt
Total Assets EOYFMV$179,271TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,099AccountsPayableBOYAmt
Accounts Payable EOY$1,206AccountsPayableEOYAmt
Total Liabilities BOY$1,099TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,206TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$75,157CapitalStockBOYAmt
Capital Stock EOY$75,157CapitalStockEOYAmt
Retained Earning BOY$82,513RetainedEarningBOYAmt
Retained Earning EOY$87,858RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$157,670TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$163,015TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$158,769TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$164,221TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$157,670TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,345ExcessRevenueOverExpensesAmt
Subtotal$163,015SubtotalAmt
Tot Net Ast Or Fund Balances EOY$163,015TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
50 SHARES AAPLP2014-07-072016-04-27$4,884$4,711$173$173
1000 SHARES EXGP2013-12-012016-04-27$8,777$7,722$1,055$1,055
600 SHARES INTCP2013-12-012016-04-27$18,898$12,965$5,933$5,933
60 SHARES IBMP2015-06-082016-04-27$9,012$10,027-$1,015-$1,015
89 SHARES MNKP2014-07-072016-04-27$5,817$6,308-$491-$491
130 SHARES MSFTP2014-07-072016-04-27$6,597$5,426$1,171$1,171
63908.17 SHARES VMMXXP2016-07-012016-10-05$63,908$63,908
FieldValueIRS element (for citing)
Capital Gain Net Income$6,826CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,015NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$268InvestmentIncomeExciseTaxAmt
Subtotal$268SubtotalAmt
Tax Based On Investment Income$268TaxBasedOnInvestmentIncomeAmt
Tax Due$268TaxDueAmt

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 Line1TONG JIANGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5103861943PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11263 FARRAGUT DRAddressLine1Txt
CityFREMONTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94539ZIPCd
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
TONG JIANG
1263 FARRAGUT DRFREMONTCA94539President5.00$0
DANIELLE SUN
1263 FARRAGUT DRFREMONTCA94539Secretary5.00$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$147,752AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$28,503AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$176,255TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$176,255AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,644CashDeemedCharitableAmt
Net Vl Noncharitable Assets$173,611NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,681MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,681MinimumInvestmentReturnAmt
Tax Based On Investment Income$268TaxBasedOnInvestmentIncomeAmt
Total Tax$268TotalTaxAmt
Distributable Before Adj$8,413DistributableBeforeAdjAmt
Distributable Before Ded$8,413DistributableBeforeDedAmt
Distributable As Adjusted$8,413DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,679ExpensesAndContributionsAmt
Qualifying Distributions$6,679QualifyingDistributionsAmt
Adjusted Qualifying Distri$6,679AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,413DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$5,150ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$5,150TotalExcessDistributionCyovAmt
Qualifying Distributions$6,679QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,679AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$1,734ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$1,734ExcessDistributionCyovAppCYAmt
Total Corpus$3,416TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$3,416ExcessDistriCyovToNextYrAmt
Excess From Year2$3,416ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerTONG JIANGContributingManagerNm
Contributing ManagerDANIELLE SUNContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STPHILADELPHIAPA19104N/A501(C)DONATION$500
NORTHWESTERN UNIVERSITY
1201 DAVIS STEVANSTONIL60208N/A501(C)DONATION$1,000
MISSION SAN JOSE HIGH SCHOOL
41717 PALM AVEFREMONTCA94539N/A501(C)DONATION$1,685
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,185TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,686RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6,826RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,512RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,512TotalIncomeProducingActyAmt

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

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$5,867CostOrOtherBasisAmt
Accumulated Depreciation$5,867AccumulatedDepreciationAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEECategoryTxt
Legal Fees$1,140LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,140DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK CHARGESDesc
Revenue And Expenses Per Books$26RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$26DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
FTB FILING FEE$10$10
IRS PENALTY$2,318$2,318
IRS TAX$107$107

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