JHB FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: JHB FOUNDATION (EIN 46-5596497)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-12
IRS object ID: 202523169349100542
Schema version: 2024v5.2
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
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-12T13:33:28-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	464071583	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	JWVC CPAS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9520 12 LAS TUNAS DRIVE	AddressLine1Txt
City	Temple City	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91780	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	465596497	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JHB FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% HSINHUNG J HSU	InCareOfNm
Business Name Control	JHBF	BusinessNameControlTxt
Phone	8056508933	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4951 OLIVAS PARK DRIVE	AddressLine1Txt
City	VENTURA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93003	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HSINHUNG J HSU	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	8056508933	PhoneNum
Signature	2025-11-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH WANGLIN	PreparerPersonNm
PTIN	P00563851	PTIN
Phone	6263090516	PhoneNum
Preparation	2025-11-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$389,415	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
Total Rev And Expnss	$0	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$1,650	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$1,650	AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss	$3	InterestRevAndExpnssAmt
Interest Dsbrs Chrtbl	$3	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$481	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$481	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,424	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$1,424	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,558	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,558	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$28,265	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$28,265	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$31,823	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$31,823	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$31,823	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$321,238	CashBOYAmt
Cash EOY	$289,415	CashEOYAmt
Cash EOYFMV	$289,415	CashEOYFMVAmt
Pledges Rcvbl	$100,000	PledgesRcvblAmt
Pledges Rcvbl BOY	$100,000	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$100,000	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$100,000	PledgesRcvblEOYFMVAmt
Total Assets BOY	$421,238	TotalAssetsBOYAmt
Total Assets EOY	$389,415	TotalAssetsEOYAmt
Total Assets EOYFMV	$389,415	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$421,238	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$389,415	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$421,238	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$389,415	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$421,238	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$389,415	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$421,238	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$31,823	ExcessRevenueOverExpensesAmt
Subtotal	$389,415	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$389,415	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt

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
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	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
Individual With Books	HSINHUNG JONH HSU	IndividualWithBooksNm
Phone	8056508933	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4951 OLIVAS PARK DRIVE	AddressLine1Txt
City	VENTURA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93003	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
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
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
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
HSINHUNG JONH HSU
4951 OLIVAS PARK DRIVE	VENTURA	CA	93003	CEO	10.00	$0	$0	$0
ALICE HSU
4951 OLIVAS PARK DRIVE	VENTURA	CA	93003	CFO	10.00	$0	$0	$0
FRANCIS HSU
4951 OLIVAS PARK DRIVE	VENTURA	CA	93003	SECRETARY	10.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	CONTRIBUTION TO NATIONAL CHUNG TAICHUNG UNIVERSITY TAWAIN FOR SCHOLARSHIPS PURPOSE	Description1Txt
Expenses1	$25,000	Expenses1Amt
Description2	CONTRIBUTION TO ROC113FLAG FOR PERFORMING NOSTALGIA FOR TAIWAN ON SEPT 18 2024 AT BALDWIN PARK PERFORMING ARTS CENTER	Description2Txt
Expenses2	$2,000	Expenses2Amt
Description3	CONTRIBUTION TO 501C3 ORGANIZATION TAIWANESE HAKKA ASSOCIATION OF NORTHERN CALIFORNIA FOR THANC EVENT	Description3Txt
Expenses3	$1,000	Expenses3Amt
Description4	CONTRIBUTION TO TAIWAN CENTER FOR	Description4Txt
Expenses4	$265	Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt
Description2	NONE	Description2Txt
Expenses2	$0	Expenses2Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$31,823	ExpensesAndContributionsAmt
Qualifying Distributions	$31,823	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Undistributed Income PY	$15,877	UndistributedIncomePYAmt
Qualifying Distributions	$31,823	QualifyingDistributionsAmt
Applied To Year1	$15,877	AppliedToYear1Amt
Remaining Distri From Corpus	$15,946	RemainingDistriFromCorpusAmt
Total Corpus	$15,946	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$15,946	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$15,946	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	JOHN HSU	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	6023 BRIDGEVIEW DR	AddressLine1Txt
City	VENTURA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	93003	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8056508933	RecipientPhoneNum
Recipient Email Address	JOHNHSU.JHB@GMAIL.COM	RecipientEmailAddressTxt
Form And Info And Materials	WRITTEN REQUEST STATING EDUCATIONAL, ENVIRONMENTAL OR CHARITABLEPURPOSES AND AMOUNT	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE EXCEPT SPECIFIED	SubmissionDeadlinesTxt
Restrictions On Awards	NO RESTRICTION OR LIMITATIONS	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd
NATIONAL CHUNG HSING UNIVERSITY
145 XINGHA RD	SOUTH DIST	TW	402	NONE	NC	ACADEMIC SCHOLARSHIP	$25,000
ROC113FLAG
				NONE	NC	NOSTALGIA FOR TAIWAN PERFORMING	$2,000	608 VALLEY BLVD D81	SAN GABRIEL	CA	91776
TAIWANESE HAKKA ASSOCIATION OF NORT
				NONE	NC	THANC EVENT	$1,000	41 DEL PRADO DRIVE	CAMPBELL	CA	95008
TAIWAN CENTER
				NONE	NC	ACADEMIC SCHOLARSHIP	$256	901 S FREMONT AVE 118	ALHAMBRA	CA	91803

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$28,256	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

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 FEE	CategoryTxt
Amt	$1,650	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,650	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROGRAM INCOME MEMBERSHIP DUES	$1,399	$0	$0	$1,399
LICENSE FEE	$25	$0	$0	$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES	CategoryTxt
Amt	$481	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$481	DisbursementsCharitablePrpsAmt