BONFARE MARKETS CHARITABLE FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
BONFARE MARKETS CHARITABLE FOUNDATION (EIN 03-0511948)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-06-05
IRS object ID
201741569349300014
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)
Return2017-06-05T14:23:06-04:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770462987PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALAM ACCOUNTANCY CORPORATION PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11922 THE ALAMEDA SUITE 318AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030511948EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BONFARE MARKETS CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBONFBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1461 SOUTH MILPITAS BLVD SUITE 1AddressLine1Txt
CityMilpitasCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFRANK W ADAMSONPersonNm
Person TitleTRUSTEEDIRECTORPersonTitleTxt
Phone4088748600PhoneNum
Signature2017-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKHORSHED ALAM CPAPreparerPersonNm
PTINP00077540PTIN
Phone4084451120PhoneNum
Preparation2017-06-05PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address73.15.175.186IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-06-05IPDt
IP Tm17:12:41IPTm
Federal Original Submission Id7766322017156xwqeudgFederalOriginalSubmissionId
Federal Original Submission Id2017-06-05FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id57D85B01C7A1A5AE38117B42580EB463E525DC62AtSubmissionCreationDeviceId
At Submission Filing Device Id57D85B01C7A1A5AE38117B42580EB463E525DC62AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$335,565GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscFOUNDATIONOtherOrganizationDsc
Formation2003FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionAid general members of public. To help general members of public by giving charitable donation, this organization arranges annual Golf Tournament asking donation for Charity.ActivityOrMissionDesc
Voting Members Governing Body2VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$190TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$177,074PYContributionsGrantsAmt
CY Contributions Grants$335,375CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$384PYOtherRevenueAmt
CY Other Revenue$190CYOtherRevenueAmt
PY Total Revenue$177,458PYTotalRevenueAmt
CY Total Revenue$335,565CYTotalRevenueAmt
PY Grants And Similar Paid$205,900PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$234,991CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$82,542PYOtherExpensesAmt
CY Other Expenses$43,938CYOtherExpensesAmt
PY Total Expenses$288,442PYTotalExpensesAmt
CY Total Expenses$278,929CYTotalExpensesAmt
PY Revenues Less Expenses-$110,984PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$56,636CYRevenuesLessExpensesAmt
Total Assets BOY$125,006TotalAssetsBOYAmt
Total Assets EOY$186,142TotalAssetsEOYAmt
Total Liabilities BOY$1,500TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$123,506NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$180,142NetAssetsOrFundBalancesEOYAmt
MissionAid general members of public. To help general members of public by giving charitable donation, this organization arranges annual Golf Tournament asking donation for Charity.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$278,929ExpenseAmt
Grant$234,991GrantAmt
DescHeld the Annual Golf Tournament and Fundraiser to raise funds for the organization and also provide contributions to needy organizations.Desc
Total Program Service Expenses$278,929TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members2GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonFrank W AdamsonPersonNm
Phone4088748600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1461 South Milpitas Blvd Suite 1AddressLine1Txt
CityMilpitasCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonFRANK W ADAMSONPersonNm
TitleTRUSTEEDIRECTORTitleTxt
Average Hours Per Week2.00AverageHoursPerWeekRt
Average Hours Per Week Rltd Org0.00AverageHoursPerWeekRltdOrgRt
Individual Trustee Or DirectorYes (X)IndividualTrusteeOrDirectorInd
Reportable Comp From Org$0ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$335,375AllOtherContributionsAmt
Total Contributions$335,375TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINTEREST INCOMEDesc
Business900099BusinessCd
Total Revenue Column$190TotalRevenueColumnAmt
Unrelated Business Revenue$190UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$190OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$335,565TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$190UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$234,991TotalAmt
Program Services$234,991ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt
Program Services$1,000ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10TotalAmt
Program Services$10ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Bank Charge$1,122$1,122
GOLF COURSE COST$41,806$41,806

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$278,929TotalAmt
Program Services$278,929ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$125,006BOYAmt
EOY$186,142EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$125,006BOYAmt
EOY$186,142EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,500BOYAmt
EOY$6,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,500BOYAmt
EOY$6,000EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$123,506BOYAmt
EOY$180,142EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$123,506BOYAmt
EOY$180,142EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$125,006BOYAmt
EOY$186,142EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$56,636ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$133,374CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$177,074CurrentTaxYearMinus1YearAmt
Current Tax Year$335,375CurrentTaxYearAmt
Total$850,823TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$133,374CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$177,074CurrentTaxYearMinus1YearAmt
Current Tax Year$335,375CurrentTaxYearAmt
Total$850,823TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$850,823PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$34CurrentTaxYearMinus2YearsAmt
Total$36TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$34CurrentTaxYearMinus2YearsAmt
Total$36TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$133,374CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,034CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$177,074CurrentTaxYearMinus1YearAmt
Current Tax Year$335,375CurrentTaxYearAmt
Total$850,859TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5090.99990PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (14 entries)

Cash GrantCashGrantAmtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
STROKE AWARENESS
$1,000
SIKH SPORTS ASSOCIATION
$2,5004430 Deer Field WayDanvilleCA94506
AMEX - FOUND 4 EXCEL
$10,000
PARTNERS IN PREVENTION
$25,000444 Divisadero St Suite 200San FranciscoCA94117
FOUNDATION FOR EXCELLENCE
$50,0001270 Oakmead Pkwy 111SunnyvaleCA94085
MAITRI FOUNDATION
$10,000
GURDWARA
$15,0001805 HILL AVEHAYWARDCA94541
SINGH SABAH GURDWARA
$5,000680 East Calaveras BlvdMilpitasCA95035
SIKH FOUNDATION
$725580 College Ave 1Palo AltoCA94306
ELS FOR AUTISIM
$15,000
VOYGR
$92,866
VISION ONE
$1,500
BOY SCOUT TROOP 227
$400
SDRIDAR RECEIVABLE
$6,000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990 governing body review Part VI line 11REVIEWED THE ACTIVITES OF THE ORGANIZATION DURING 2016 AND EXPRESSED SATISFACTION OF SAID ACTIVITIES AND PERFORMANCE.
Other officer or key employee compensation Part VI line 15bNO COMPENSATION FOR OFFICERS OR KEY EMPLOYEES
Governing documents etc available to public Part VI line 19DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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