FLOREANA FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
FLOREANA FOUNDATION (EIN 46-4277670)
Tax period
2015-11-01 to 2016-10-31
Filed
2017-06-08
IRS object ID
201741599349100909
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)
Return2017-06-08T14:00:08-07:00ReturnTs
Tax Period End2016-10-31TaxPeriodEndDt

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 Begin2015-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464277670EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLOREANA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone4089307012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121534 CONRADIA CTAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHIACHING CHANGPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2017-06-08SignatureDt
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$1,105,617FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12InterestOnSavingsAdjNetIncmAmt
Gross Rents Rev And Expnss$27,736GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$27,736GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$27,736GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss-$5,940NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$460,128NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$462,848GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$460,128CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$487,876TotalRevAndExpnssAmt
Total Net Invst Incm$487,876TotalNetInvstIncmAmt
Total Adj Net Incm$27,748TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,265AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,265AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$29,432DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$29,337DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$18,386DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$21,205OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$21,095OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$15,290OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$110OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$51,902TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$50,432TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$33,676TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,375TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$51,902TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$50,432TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$33,676TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,375TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$435,974ExcessRevenueOverExpensesAmt
Net Investment Income$437,444NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$34,037SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$115,365SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$115,365SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,720CorporateStockBOYAmt
Invst Land Cost Or Other Basis$1,051,467InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$61,326InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$632,680LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$990,141LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$990,141LandBldgInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$285LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$174LandBldgEquipAccumDeprecAmt
Land BOY$206LandBOYAmt
Land EOY$111LandEOYAmt
Land EOYFMV$111LandEOYFMVAmt
Total Assets BOY$669,643TotalAssetsBOYAmt
Total Assets EOY$1,105,617TotalAssetsEOYAmt
Total Assets EOYFMV$1,105,617TotalAssetsEOYFMVAmt
Accounts Payable BOY$5,917AccountsPayableBOYAmt
Accounts Payable EOY$5,917AccountsPayableEOYAmt
Total Liabilities BOY$5,917TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,917TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$113,098CapitalStockBOYAmt
Capital Stock EOY$113,098CapitalStockEOYAmt
Retained Earning BOY$550,628RetainedEarningBOYAmt
Retained Earning EOY$986,602RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$663,726TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,099,700TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$669,643TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,105,617TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$663,726TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$435,974ExcessRevenueOverExpensesAmt
Subtotal$1,099,700SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,099,700TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property3200 SHARES JAZZ PHARMACEUTICALPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2013-12-19AcquiredDt
Sold2015-11-18SoldDt
Gross Sales Price$462,848GrossSalesPriceAmt
Cost Or Other Basis$2,720CostOrOtherBasisAmt
Gain Or Loss$460,128GainOrLossAmt
Gains Minus Excess Or Losses$460,128GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$460,128CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8,749InvestmentIncomeExciseTaxAmt
Subtotal$8,749SubtotalAmt
Tax Based On Investment Income$8,749TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$12,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$12,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$261EsPenaltyAmt
Overpayment$2,990OverpaymentAmt
Refund$2,990RefundAmt

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 FoundationYes (true)PrivateOperatingFoundationInd
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 Line1PAILING HOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4089307012PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121534 CONRADIA CTAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd
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
PAILING HO
21534 CONRADIA CTCUPERTINOCA95014CEO6.00$0
CHIACHING CHANG
21534 CONRADIA CTCUPERTINOCA95014Secretary4.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description16/5/2016 Organized and invited local people to celebrate Chinese dragon festival and promote different cultures in the community. The activity included potluck, making traditional Chinese handcraft - sachets with herbs, aromatic ingredients inside, and violin performance. Totally around 30 people participated the event.Description1Txt
Expenses1$0Expenses1Amt
Description28/6/2016Organized a Photography workshop I - Use the camera you have for now!Invite local Photographer Yao-Pi Hsu who is the member of Los Gatos Museum Gallery and she also won the award of Best of Show Winner of 2016 Solo Exhibition, Salon at the Triton Museum: A 2D Art Competition Exhibition. Yao-pi worked in the Biosciences field as a research scientist for over thirty years, she applies principles she used in scientific research, explores concepts from different perspectives to present the diversity and abundance of the world,she captured the extraordinary beauty of an ordinary subject.During the workshop Yao-Pi covered the following topics, also shared lots of her experience and presented her several nice photos to the audience.what is Photographywhat are Exposure, Aperture, shutter speed, ISO and the relationship between themHistogramWhite BalanceAfter the workshop, people in the class all expressed they not only learned a lot in using their cameras but they also learned to bringDescription2Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$18,304AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$137,498AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,051,467FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,207,269TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,207,269AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$18,109CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,189,160NetVlNoncharitableAssetsAmt
Minimum Investment Return$59,458MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,375ExpensesAndContributionsAmt
Qualifying Distributions$1,375QualifyingDistributionsAmt
Adjusted Qualifying Distri$1,375AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year2$25,603Year2Amt
Total$25,603TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Year2$21,763Year2Amt
Total$21,763TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$1,375CurrentYearAmt
Year1$32,496Year1Amt
Year2$17,382Year2Amt
Total$51,253TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$1,375CurrentYearAmt
Year1$32,496Year1Amt
Year2$17,382Year2Amt
Total$51,253TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$39,639CurrentYearAmt
Year1$19,055Year1Amt
Year2$17,068Year2Amt
Total$75,762TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerPAILING HOContributingManagerNm
Contributing ManagerCHIACHING CHANGContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12RelatedOrExemptFunctionIncmAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$5,940RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$460,128RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$454,200RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$454,200TotalIncomeProducingActyAmt

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$1,265Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,265DisbursementsCharitablePrpsAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$776,399$58,444$717,955$717,955
Improvements$16,732$2,882$13,850$13,850
Land$258,336$258,336$258,336

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$285CostOrOtherBasisAmt
Accumulated Depreciation$174AccumulatedDepreciationAmt
Book Value$111BookValueAmt
EOYFMV$111EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FILING FEE$35$35
HOA FEE$2,651$2,651
POSTAGE EXPENSE$75$75
PROPERTY TAX$3,154$3,154
Rental Expenses$15,290$15,290$15,290

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