LAM FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LAM FAMILY FOUNDATION (EIN 83-2311910)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-10-14
IRS object ID: 202532889349100303
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
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-10-14T22:42:04-07:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt
Disaster Relief	LOS ANGELES WILDFIRES IRS 7508A,CA157	DisasterReliefTxt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	474838330	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CHAN & CHEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2366 Huntington Dr	AddressLine1Txt
City	San Marino	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91108	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	832311910	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	LAMF	BusinessNameControlTxt
Phone	6264462988	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	411 E HUNTINGTON DR 305	AddressLine1Txt
City	ARCADIA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91006	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RONNIE LAM	PersonNm
Person Title	CEO	PersonTitleTxt
Signature	2025-10-14	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	HOMER CHAN	PreparerPersonNm
PTIN	P00107482	PTIN
Phone	6265728930	PhoneNum

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	$9,277	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$50,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$11	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$11	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$11	InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss	$50,011	TotalRevAndExpnssAmt
Total Net Invst Incm	$11	TotalNetInvstIncmAmt
Total Adj Net Incm	$11	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$70	TaxesRevAndExpnssAmt
Taxes Adj Net Incm	$70	TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss	$22,538	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$22,538	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$22,608	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$70	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$22,538	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$45,712	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$45,712	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$68,320	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$70	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$68,250	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$18,309	ExcessRevenueOverExpensesAmt
Net Investment Income	$11	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$27,586	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$9,277	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$9,277	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$27,586	TotalAssetsBOYAmt
Total Assets EOY	$9,277	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,277	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$27,586	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$9,277	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$27,586	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$9,277	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$27,586	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$9,277	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$27,586	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$18,309	ExcessRevenueOverExpensesAmt
Subtotal	$9,277	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$9,277	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Due	$0	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

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	Yes (true)	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
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	RONNIE LAM	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6264462988	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	411 E HUNTINGTON DR STE 305	AddressLine1Txt
City	ARCADIA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91006	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
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 (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
RONNIE LAM
411 E HUNTINGTON DR STE 305	ARCADIA	CA	91006	CEO	10.00	$0
SHIRLEY LAM
411 E HUNTINGTON DR STE 305	ARCADIA	CA	91006	Secretary	10.00	$0
TIFFANY LAM
411 E HUNTINGTON DR STE 305	ARCADIA	CA	91006	OFFICER	10.00	$0
STEPHANIE LAM
411 E HUNTINGTON DR STE 305	ARCADIA	CA	91006	Treasurer	10.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

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
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	$68,250	ExpensesAndContributionsAmt
Qualifying Distributions	$68,250	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$30,000	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$30,000	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2	$37,800	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$40,000	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$137,800	TotalExcessDistributionCyovAmt
Qualifying Distributions	$68,250	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$68,250	RemainingDistriFromCorpusAmt
Total Corpus	$206,050	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$30,000	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$176,050	ExcessDistriCyovToNextYrAmt
Excess From Year4	$30,000	ExcessFromYear4Amt
Excess From Year2	$37,800	ExcessFromYear2Amt
Excess From Year1	$40,000	ExcessFromYear1Amt
Excess From Current Year	$68,250	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	RONNIE LAM	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
PANDA CARES FOUNDATION
1683 WALNUT GROVE AVE	ROSEMEAD	CA	91770	N/A	PC	TO SUPPORT THE ORGANIZATION'S CHARITY EVENTS.	$23,440
PANDA CARES FOUNDATION
1683 WALNUT GROVE AVE	ROSEMEAD	CA	91770	N/A	PC	TO SUPPORT THE ORGANIZATION'S CHARITY EVENTS.	$22,272

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$45,712	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$11	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$11	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$11	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	3	LineNumberTxt
Relationship Statement	THE PRIVATE FOUNDATION DOES NOT CONDUCT ANY DIRECT UNRELATED BUSINESS ACTIVITIES, AND INTEREST INCOME EARNED FROM BANK IS EXCLUDED FROM TAXATION UNDER IRC SECTION 512.	RelationshipStatementTxt

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

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	EVENT EXPENSES	Desc
Revenue And Expenses Per Books	$22,538	RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps	$22,538	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	LICENSES	CategoryTxt
Amt	$70	Amt
Adjusted Net Income	$70	AdjustedNetIncomeAmt

LAM FAMILY FOUNDATION: Form 990PF, tax year 2024

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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