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DAVID & ELLEN ROSS SCHOLARSHIP FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
DAVID & ELLEN ROSS SCHOLARSHIP FOUNDATION (EIN 46-4630629)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-27
IRS object ID
201511479349300136
Schema version
2014v5.0
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)
Return2015-05-27T13:10:32-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470893045PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1INTEGRAL CPAS & ASSOCIATES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13435 WILSHIRE BLVD STE 2370AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900101983ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464630629EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVID & ELLEN ROSS SCHOLARSHIPBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDAVIBusinessNameControlTxt
Phone2137989176PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11025 STANFORD AVEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUNG HWAN HANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2137989176PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGERALD B CHUNGPreparerPersonNm
PTINP01405194PTIN
Phone2133838470PhoneNum
Preparation2015-05-27PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerJUNG HWAN HANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11025 STANFORD AVEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90021ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$122,746GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionTO HELP & DEVELOP FUTURE CHRISTIAN LEADERS WHO ARE DELICATED FOR THE FURTHERANCE OF GOD'S KINGDOM. TO HELP & ASSIST THE MISSIONARIES WHO ARE ACTIVELY WORKING ON NORTH KOREAN MISSION, AND TO HELP NORTH KOREAN REFUGEES AND THEIR CHILDREN IN THEIR PURSUIT OF EDUCATIONAL OPPORTUNITIES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$122,574CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$172CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$122,746CYTotalRevenueAmt
CY Grants And Similar Paid$4,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$1,055CYOtherExpensesAmt
CY Total Expenses$5,055CYTotalExpensesAmt
CY Revenues Less Expenses$117,691CYRevenuesLessExpensesAmt
Total Assets EOY$117,691TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$117,691NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO HELP & DEVELOP FUTURE CHRISTIAN LEADERS WHO ARE DELICATED FOR THE FURTHERANCE OF GOD'S KINGDOM. TO HELP & ASSIST THE MISSIONARIES WHO ARE ACTIVELY WORKING ON NORTH KOREAN MISSION, AND TO HELP NORTH KOREAN REFUGEES AND THEIR CHILDREN IN THEIR PURSUIT OF EDUCATIONAL OPPORTUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$4,000ExpenseAmt
Grant$4,000GrantAmt
DescDEVELOPMENT OF CHRISTIAN LEADERSHIP BY PROVIDING SCHOLARSHIP TO THE YOUNG STUDENTS WHO SHOW THEIR INTENTION OF FUTURE DEVOTION TO THE MISSIONARY ACTIVITIES, SPECIALLY HELPING REFUGEES OF NORTH KOREA AND OTHER UNDERDEVELOPED COUNTRIES. THE FOLLOWING ARE THE SCHOLARSHIP RECIPIENTS IN 2014 NAME & AMT RESIDENCE COLLEGE ATTENDING RELATION WITH MISSIONARY 1 YOON KWON SWEDEN STOCKHOLM REV. SOOHONG SONG, FATHER, SONG UNIVERSITY PRESIDENT OF HEART FOR 1,000 KOREA FOUNDATION BASED IN SWEDEN TO HELP ORPHANAGES IN NORTH KOREA. 2 ALLISON CANADA UNIVERSITY OF REV. PETER YANG, FATHER, YANG BRITISH COLUMBIA FOUNDER OF BETHEL VISION 1,000 CENTER WHICH HELP ORPHANAGES IN NORTH KOREA. 3 SEOJOON SOUTH WILL ATTEND KOREA REFUGEE OF NORTH KOREA. CHUNG KOREA UNIV. MEDICAL 1,000 SCHOOL IN 2015 4 YOUNG JAE U S A GORDON COLLEGE KYUNG HYUK CHAMG. FATHER, CHANG MISSIONARY TO NORTH KOREA 1,000 FOR 11YEARS. TOTAL : 4,000Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,000ExpenseAmt
Grant$1,000GrantAmt
DescSEMINARS, CONFERENCES, AND MEETINGS TO PROMOTE VARIOUS MISSIONARY ACTIVITIES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,000TotalProgramServiceExpensesAmt
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 OrganizationsfalseGrantsToOrganizationsInd
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
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
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

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGERALD B CHUNG CPAPersonNm
Phone2133838470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13435 WILSHIRE BLVD 2370AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JUNG HWAN HAN
PRESIDENT20.00Yes (X)Yes (X)$0$0$0
KY HWAN KIM
SECRETARY10.00Yes (X)Yes (X)$0$0$0
KATHY MYUNG I LEE
TREASURER10.00Yes (X)Yes (X)$0$0$0
KENNETH KIM
DIRECTOR10.00Yes (X)$0$0$0
YOUNG KEUN LEE
DIRECTOR10.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$122,574AllOtherContributionsAmt
Total Contributions$122,574TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$172TotalRevenueColumnAmt
Exclusion$172ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$122,746TotalRevenueColumnAmt
Exclusion$172ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

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

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Program Services$3,000ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

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

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK CHARGEDesc
Total$55TotalAmt
Management And General$55ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,055TotalAmt
Program Services$5,000ProgramServicesAmt
Management And General$55ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$117,691EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$117,691EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
EOY$117,691EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$117,691EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$117,691EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$117,691ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$122,574CurrentTaxYearAmt
Total$122,574TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$122,574CurrentTaxYearAmt
Total$122,574TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$72,560SubstantialContributorsTotAmt
Public Support Total170$50,014PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$172CurrentTaxYearAmt
Total$172TotalAmt
FieldValueIRS element (for citing)
Total Support$122,746TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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 O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO HELP & DEVELOP FUTURE CHRISTIAN LEADERS WHO ARE DELICATED FOR THE FURTHERANCE OF GOD'S KINGDOM. TO HELP & ASSIST THE MISSIONARIES WHO ARE ACTIVELY WORKING ON NORTH KOREAN MISSION, AND TO HELP NORTH KOREAN REFUGEES AND THEIR CHILDREN IN THEIR PURSUIT OF EDUCATIONAL OPPORTUNITIES.
FORM 990, PAGE 2, PART III, LINE 4ATHE FOLLOWING ARE THE SCHOLARSHIP RECIPIENTS IN 2014 NAME & AMT RESIDENCE COLLEGE ATTENDING RELATION WITH MISSIONARY 1 YOON KWON SWEDEN STOCKHOLM REV. SOOHONG SONG, FATHER, SONG UNIVERSITY PRESIDENT OF HEART FOR 1,000 KOREA FOUNDATION BASED IN SWEDEN TO HELP ORPHANAGES IN NORTH KOREA. 2 ALLISON CANADA UNIVERSITY OF REV. PETER YANG, FATHER, YANG BRITISH COLUMBIA FOUNDER OF BETHEL VISION 1,000 CENTER WHICH HELP ORPHANAGES IN NORTH KOREA. 3 SEOJOON SOUTH WILL ATTEND KOREA REFUGEE OF NORTH KOREA. CHUNG KOREA UNIV. MEDICAL 1,000 SCHOOL IN 2015 4 YOUNG JAE U S A GORDON COLLEGE KYUNG HYUK CHAMG. FATHER, CHANG MISSIONARY TO NORTH KOREA 1,000 FOR 11YEARS. TOTAL : 4,000
FORM 990, PAGE 6, PART VI, LINE 11BTHE FINANCE COMMITTEE HIRES AN INDEPENDENT ACCOUNTANT TO PREPARE THE YEAR-END FINANCIAL STATEMENTS AND FORM 990. THE FINANCIAL STATEMENTS AND FORM 990 ARE REVIEWED AND APPROVED BY THE FINANCE COMMITTEE BEFORE FILING THE FORM WITH THE TAXING AUTHORITIES. THE FINANCIAL STATEMENTS AND FORM 990 REPORTED ARE PROVIDED TO THE ANNUAL BOARD OF DIRECTORS MEETING.
FORM 990, PAGE 6, PART VI, LINE 19UNLESS SHOWN TO BE UNFAIR AND UNREASONABLE AS TO THE FOUNDATION, NO CONTRACT OR THER TRASACTION BETWEEN THE FOUNDATION AND ONE OR MORE OF ITS DIRECTORS, OR BETWEEN THE FOUNDATION AND ANY OTHER CORPORATION, FIRM, ASSOCIATION OR OTHER ENTITY IN WHICH ONE OR MORE OF THE DIRECTIORS ARE DIRECTORS OR OFFICERS, OR ARE FINANCIALLY INTERESTED, SHALL BE EITHER VOID OR VOIDABLE, IRRESPECTIVE OF WHETHER SUCH INTERESTED DIRECTOR OR DIRECTORS ARE PRESENT AT A MEETING OF THE BOARD OF DIRECTORS, OR OF A COMMITTEE THEREOF, WHICH AUTHORIZES SUCH CONTRACT OR TRANSACTION AND IRRESPECTIVE OF WHETHER HIS, HER OR THEIR VOTES ARE COUNTED FOR SUCH PURPOSE. IN THE ABSENSE OF FRAUD ANY SPECIAL CONTRACT AND TRANSACTION CONCLUSIVELY MAY BE AUTHORIZED OR APPROVED AS FAIR AND REASONABLY BY THE BOARD OF DIRECTORS OR A DULY EMPOWERED COMMITTEE THEREOF, BY A VOTE SUFFICIENT FOR SUCH PURPOSE WITHOUT COUNTING THE VOTE OR VOTES OF SUCH INTERESTED DIRECTOR OR DIRECTORS, IF THE FACT OF SUCH COMMON DIRECTORSHIP, OFFICERSHIP OR FINANCIAL INTEREST IS DISCLOSED OR KNOWN TO THE BOARD OR COMMITTEE.

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