BETA

E & M FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
E & M FOUNDATION INC (EIN 76-0509216)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-15
IRS object ID
201642289349100939
Schema version
2015v2.1
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)
Return2016-08-15T10:49:38-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHIEH LEE & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19889 BELLAIRE BLVD STE 127AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770363467ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760509216EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1E & M FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlE&MFBusinessNameControlTxt
Phone7139549507PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 772866AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77215ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEMILY WANGPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7139549507PhoneNum
Signature2016-08-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVERA LEEPreparerPersonNm
Phone7139549507PhoneNum
Preparation2016-08-15PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,154,285FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$551InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$551InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$551InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$17,055DividendsRevAndExpnssAmt
Dividends Net Invst Incm$17,055DividendsNetInvstIncmAmt
Dividends Adj Net Incm$17,055DividendsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$19,606TotalRevAndExpnssAmt
Total Net Invst Incm$17,606TotalNetInvstIncmAmt
Total Adj Net Incm$17,606TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,488AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$1,488AccountingFeesAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss$1,141TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Adj Net Incm$1,141TravConfMeetingAdjNetIncmAmt
Printing And Pub Rev And Expnss$281PrintingAndPubRevAndExpnssAmt
Printing And Pub Adj Net Incm$281PrintingAndPubAdjNetIncmAmt
Other Expenses Rev And Expnss$872OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$872OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$3,782TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$3,782TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$41,100ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$41,100ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$44,882TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$3,782TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$41,100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$25,276ExcessRevenueOverExpensesAmt
Net Investment Income$17,606NetInvestmentIncomeAmt
Adjusted Net Income$13,824AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$293,543CashBOYAmt
Cash EOY$268,267CashEOYAmt
Cash EOYFMV$268,267CashEOYFMVAmt
Corporate Stock BOY$628,747CorporateStockBOYAmt
Corporate Stock EOY$628,747CorporateStockEOYAmt
Corporate Stock EOYFMV$886,018CorporateStockEOYFMVAmt
Total Assets BOY$922,290TotalAssetsBOYAmt
Total Assets EOY$897,014TotalAssetsEOYAmt
Total Assets EOYFMV$1,154,285TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Additional Paid In Capital BOY$922,290AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$897,014AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY$922,290TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$897,014TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$922,290TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$897,014TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$922,290TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$25,276ExcessRevenueOverExpensesAmt
Subtotal$897,014SubtotalAmt
Tot Net Ast Or Fund Balances EOY$897,014TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$64,130AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,028,908NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.062328DistributionYr1Rt
Adjusted Qlfy Distri Yr2$45,918AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$400,308NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.114707DistributionYr2Rt
Adjusted Qlfy Distri Yr3$40,100AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$290,599NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.137991DistributionYr3Rt
Adjusted Qlfy Distri Yr4$11,600AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$175,859NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.065962DistributionYr4Rt
Adjusted Qlfy Distri Yr5$7,300AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$94,123NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.077558DistributionYr5Rt
Total Distribution0.458546TotalDistributionRt
Average Distribution0.091709AverageDistributionRt
Net Vl Noncharitable Assets$1,135,995NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$104,181AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$176NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$104,357AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$41,100QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$352InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$352SubtotalAmt
Tax Based On Investment Income$352TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid$0OriginalReturnTaxPaidAmt
Tax Due$352TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksEMILY WANGIndividualWithBooksNm
Phone7139549507PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 772866AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77215ZIPCd
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
Relying Current Ntc Dsstr Asst1Yes (X)RelyingCurrentNtcDsstrAsst1Ind
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
EMILY WANG
PO BOX 772866HOUSTONTX77215DIRECTOR3.00$0$0$0
MING WANG
PO BOX 772866HOUSTONTX77215DIRECTOR3.00$0$0$0
GRACE SHIEH
9889 BELLAIRE 127HOUSTOTX77036DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$873,418AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$279,876AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,153,294TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,153,294AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,299CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,135,995NetVlNoncharitableAssetsAmt
Minimum Investment Return$56,800MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$56,800MinimumInvestmentReturnAmt
Tax Based On Investment Income$352TaxBasedOnInvestmentIncomeAmt
Total Tax$352TotalTaxAmt
Distributable Before Adj$56,448DistributableBeforeAdjAmt
Distributable Before Ded$56,448DistributableBeforeDedAmt
Distributable As Adjusted$56,448DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$41,100ExpensesAndContributionsAmt
Qualifying Distributions$41,100QualifyingDistributionsAmt
Adjusted Qualifying Distri$41,100AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$56,448DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$27,080ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$64,130ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$91,210TotalExcessDistributionCyovAmt
Qualifying Distributions$41,100QualifyingDistributionsAmt
Remaining Distri From Corpus$41,100RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$56,448ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$56,448ExcessDistributionCyovAppCYAmt
Total Corpus$75,862TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$75,862ExcessDistriCyovToNextYrAmt
Excess From Year1$34,762ExcessFromYear1Amt
Excess From Current Year$41,100ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NAU CENTER FOR TX CULTURAL HERITAGE
PO BOX 3404HOUSTONTX77253EXEMPT ORGDONATION-$10,000
UNIVERSITY OF ST THOMAS
3800 MONTROSE BLVDHOUSTONTX77006EXEMPT ORGDONATION$40,000
HOUSTON CHINESE YOUTH CAMP
6918 CORPORATE DR SUITE A3HOUSTONTX77036EXEMPT ORGDONATION$1,000
OCA Houston
9800 TOWNPARK 142HOUSTONTX77036EXEMPT ORGDONATION$7,000
Asian Chamber of Commerce
6833 W Sam Houston Parkway S 207HoustonTX77072EXEMPT ORGDONATION$1,000
Houston International Initiatives
901 Bagby StHoustonTX77002EXEMPT ORGDONATION$1,000
World Youth Foundation
PO Box 479HoustonTX77001EXEMPT ORGDONATION$500
Friends and Families of Asians with Special Needs
PO Box 421766HoustonTX77242EXEMPT ORGDONATION$350
Chinese American Citizen's Lodge
HoustonHoustonTX77001EXEMPT ORGDONATION$250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$41,100TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$551RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,055RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,606RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,606TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3CASH USED FOR DONATION
4CASH USED FOR DONATION

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

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)

DescDesc
NONE
NONE

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEast West Bank 21319 shareS (29.49/per share)StockNm
EOY Book Value$628,747EOYBookValueAmt
EOYFMV$886,018EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER IRS TAX$862$862
BANK FEE$10$10

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.