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CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC (EIN 98-0477422)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-02-06
IRS object ID
201520379349301307
Schema version
2013v4.0
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)
Return2015-02-06T15:58:36-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042442519PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EDELSTEIN AND COMPANY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1160 FEDERAL STREET 9TH FLOORAddressLine1
CityBOSTONCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN980477422EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHINESE UNIVERSITY OF HONG KONGBusinessNameLine1
Business Name Line2FOUNDATION INCBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlCHINBusinessNameControlTxt
Phone6174267080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O GMA FOUNDATIONS 77 SUMMER ST NOAddressLine1
Address Line2800AddressLine2
CityBOSTONCity
StateMAState
ZIP Code021101006ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSALOME CHANPersonNm
Person TitleCLERKPersonTitleTxt
Phone6174267080PhoneNum
Signature2014-12-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALFONSO PERILLOPreparerPersonNm
PTINP00950491PTIN
Phone6172276161PhoneNum
Preparation2014-12-16PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHIEN LEEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O GMA FOUNDATIONS 77 SUMMER ST NOAddressLine1
Address Line2800AddressLine2
CityBOSTONCity
StateMAState
ZIP Code021101006ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$881,568GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,357,860PYContributionsGrantsAmt
CY Contributions Grants$845,630CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$3,531PYInvestmentIncomeAmt
CY Investment Income$4,048CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,361,391PYTotalRevenueAmt
CY Total Revenue$849,678CYTotalRevenueAmt
PY Grants And Similar Paid$6,351,060PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$734,727CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$29,594PYOtherExpensesAmt
CY Other Expenses$37,610CYOtherExpensesAmt
PY Total Expenses$6,380,654PYTotalExpensesAmt
CY Total Expenses$772,337CYTotalExpensesAmt
PY Revenues Less Expenses-$5,019,263PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$77,341CYRevenuesLessExpensesAmt
Total Assets BOY$660,392TotalAssetsBOYAmt
Total Assets EOY$841,970TotalAssetsEOYAmt
Total Liabilities BOY$39,708TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,945TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$620,684NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$798,025NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$734,727ExpenseAmt
Grant$734,727GrantAmt
DescTO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG.Desc
Total Program Service Expenses$734,727TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GMA FOUNDATIONSBusinessNameLine1
FieldValueIRS element (for citing)
Phone6174267080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line177 SUMMER STREET 8TH FLOORAddressLine1
CityBOSTONCity
StateMAState
ZIP Code021101006ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SHING-TUNG YAU
DIRECTOR1.00Yes (X)$0$0$0
CHIEN LEE
PRESIDENT/DIRECTOR1.00Yes (X)$0$0$0Yes (X)
BENJAMIN W WAH
TREASURER/DIRECTOR1.00Yes (X)$0$0$0Yes (X)
JOSEPH JY SUNG
DIRECTOR1.00Yes (X)$0$0$0
SALOME CHAN
CLERK1.00$0$0$0Yes (X)
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 Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$845,630AllOtherContributionsAmt
Noncash Contributions$123,420NoncashContributionsAmt
Total Contributions$845,630TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$104TotalRevenueColumnAmt
Exclusion$104ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$35,834SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$31,890SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,944SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,944TotalRevenueColumnAmt
Exclusion$3,944ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$849,678TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,048ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$734,727TotalAmt
Program Services$734,727ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,559TotalAmt
Management And General$3,559ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,192TotalAmt
Management And General$24,192ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,002TotalAmt
Management And General$1,002ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,572TotalAmt
Management And General$4,572ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
FILING FEES$3,281$3,281
CREDIT CARD MERCHANT FE$1,004$1,004

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$772,337TotalAmt
Program Services$734,727ProgramServicesAmt
Management And General$37,610ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$24,347BOYAmt
EOY$14,734EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,708BOYAmt
EOY$2,713EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$500BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$60BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,777BOYAmt
EOY$2,993EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$630,000BOYAmt
EOY$821,530EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$660,392BOYAmt
EOY$841,970EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,708BOYAmt
EOY$18,945EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$25,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,708BOYAmt
EOY$43,945EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$611,004BOYAmt
EOY$797,930EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,680BOYAmt
EOY$95EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$620,684BOYAmt
EOY$798,025EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$660,392BOYAmt
EOY$841,970EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$77,341ReconcilationRevenueExpnssAmt
Prior Period Adjustments$100,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,850CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$622,400CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$478,173CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,357,860CurrentTaxYearMinus1YearAmt
Current Tax Year$845,630CurrentTaxYearAmt
Total$3,661,913TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,850CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$622,400CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$478,173CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,357,860CurrentTaxYearMinus1YearAmt
Current Tax Year$845,630CurrentTaxYearAmt
Total$3,661,913TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,174,619SubstantialContributorsTotAmt
Public Support Total170$1,487,294PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$86,263CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$69,779CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,182CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,531CurrentTaxYearMinus1YearAmt
Current Tax Year$104CurrentTaxYearAmt
Total$222,859TotalAmt
FieldValueIRS element (for citing)
Total Support$3,884,772TotalSupportAmt
Public Support CY1700.38290PublicSupportCY170Pct
Public Support PY1700.45580PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part IV Form990ScheduleAPartIVGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS:FormAndLineReferenceDesc
ExplanationDESCRIPTION: SUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG DATE: 02/26/09 AMOUNT: 5140988. DESCRIPTION: SUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG DATE: 01/28/11 AMOUNT: 2500000.ExplanationTxt

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 D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$91,530RevenuesIncludedAmt
Assets Included$821,530AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$9,680BeginningYearBalanceAmt
Contributions$721,098ContributionsAmt
Investment Earnings Or Losses$4,044InvestmentEarningsOrLossesAmt
Grants Or Scholarships$734,727GrantsOrScholarshipsAmt
End Year Balance$95EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,000,855BeginningYearBalanceAmt
Contributions$1,357,760ContributionsAmt
Investment Earnings Or Losses$2,249InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,807,227GrantsOrScholarshipsAmt
Other Expenditures$4,543,957OtherExpendituresAmt
End Year Balance$9,680EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,576,393BeginningYearBalanceAmt
Contributions$478,073ContributionsAmt
Investment Earnings Or Losses$226,866InvestmentEarningsOrLossesAmt
Grants Or Scholarships$21,178GrantsOrScholarshipsAmt
Other Expenditures$259,299OtherExpendituresAmt
End Year Balance$5,000,855EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,844,552BeginningYearBalanceAmt
Contributions$122,300ContributionsAmt
Investment Earnings Or Losses$204,798InvestmentEarningsOrLossesAmt
Grants Or Scholarships$160,125GrantsOrScholarshipsAmt
Other Expenditures$435,132OtherExpendituresAmt
End Year Balance$4,576,393EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,828,797BeginningYearBalanceAmt
Contributions$357,750ContributionsAmt
Investment Earnings Or Losses$328,938InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,946,624GrantsOrScholarshipsAmt
Other Expenditures$724,309OtherExpendituresAmt
End Year Balance$4,844,552EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
WORKS OF ART$221,530
HISTORICAL TREASURE$600,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$821,530TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLOAN FROM AFFILIATEDesc
Amt$25,000Amt
FieldValueIRS element (for citing)
Total Liability$25,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$849,678TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$849,678RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$849,678TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$772,337TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$772,337ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$772,337TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:WORKS OF ART ARE COMPRISED OF FOUR PAINTINGS THAT WERE DONATED TO THE ORGANIZATION IN 2008, AN ANCIENT CHINESE BRONZE BASIN THAT WAS DONATED IN 2011, AND A PAINTING THAT WAS DONATED IN 2014. THE FAIR VALUES OF THE PAINTINGS ($221,530) AND THE FAIR VALUE OF THE BASIN ($600,000) WERE DERIVED FROM APPRAISALS CONDUCTED AT THE TIME OF THE DONATIONS OR SALES RECEIPTS FOR WORKS OF ART PURCHASED JUST PRIOR TO DONATION. THE PAINTINGS DONATED IN 2008 HAVE BEEN SUBSEQUENTLY LOANED TO THE UNIVERSITY, AS PROVIDED UNDER AGREEMENT WHOSE TERMS EXPIRES IN DECEMBER, 2017, AND ARE TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MUSEUM FOR RESEARCH PURPOSES. THE ANCIENT CHINESE BRONZE BASIN IS ON LOAN TO THE UNIVERSITY AND IS TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MUSEUM FOR RESEARCH PURPOSES, PURSUANT TO A LOAN AGREEMENT, WHOSE TERMS EXPIRES IN JANUARY, 2016. THE PAINTING ACQUIRED IN 2014 IS ON LOAN TO THE UNIVERSITY AND IS TEMPORARILY BEING STORED AT THE UNIVERSITY'S ART MUSEUM FOR RESEARCH PURPOSES, PURSUANT TO A LOAN AGREEMENT, WHOSE TERM EXPIRES IN APRIL, 2017.
PART V, LINE 4:TEMPORARILY RESTRICTED NET ASSETS WERE AVAILABLE TO SUPPORT OTHER PROGRAMS AT JUNE 30, 2014.
PART X, LINE 2:THE ORGANIZATION HAS EVALUATED THE TAX POSITIONS TAKEN ON RETURNS FOR OPEN YEARS AND THOSE EXPECTED TO BE TAKEN ON RETURNS FOR THE YEAR ENDED JUNE 30, 2014. IT IS MANAGEMENT'S BELIEF THAT SUCH TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. ACCORDINGLY, NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN REFLECTED IN THESE FINANCIAL STATEMENTS. TAX RETURNS FOR TAX YEARS BEGINNING WITH THOSE FILED FOR FISCAL YEAR ENDED JUNE 30, 2011 ARE OPEN TO EXAMINATION.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEAST ASIA AND THE PACIFIC -RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANTMAKING TO THE CHINESE UNIVERSITY OF HONG KONGTypeOfActivitiesConductedTxt
Specific Services ProvidedN/ASpecificServicesProvidedTxt
Region Total Expenditures$734,727RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$734,727SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$734,727TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEAST ASIA AND THE PACIFIC -RegionTxt
Purpose Of GrantSUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG.PurposeOfGrantTxt
Cash Grant$734,727CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE ORGANIZATION ACTS AS A "FRIENDS OF" ORGANIZATION THAT SUPPORTS THE CHINESE UNIVERSITY OF HONG KONG, WHICH IS A FOREIGN UNIVERSITY.
PART I, LINE 3:THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH U.S. GAAP TO ACCOUNT FOR ITS EXPENDITURES.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$91,530NoncashContributionsRptF990Amt
Method Of Determining RevenuesSALES RECEIPTMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$31,890NoncashContributionsRptF990Amt
Method Of Determining RevenuesSTOCK EXCHANGEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION HAS ONLY 4 BOARD MEMBERS THEREFORE THERE ARE NO SUCH COMMITTEES. ALL DECISIONS ARE MADE AT THE BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 11WHEN EDELSTEIN & COMPANY, THE AUDITOR OF THE FOUNDATION, HAS COMPLETED THE FORM 990, THE COMPLETED FORM WILL BE SENT TO GMA AND THE FOUNDATION'S CLERK TO CHECK THE ACCURACY OF THE FIGURES AND CORRECTNESS OF INFORMATION. THE CLERK WILL THEN DISTRIBUTE THE COMPLETED FORM TO THE CHAIRMAN OF THE BOARD FOR REVIEW AND SIGNATURE ON BEHALF OF THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION HAS ADOPTED A POLICY ON CONFLICTS OF INTEREST SETTING FORTH STANDARDS OF CONDUCT EXPECTED BY THE DIRECTORS AND OFFICERS OF THE FOUNDATION. THE FOUNDATION ALSO DEFINES THE ACTIVITIES THAT MAY GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST AND REMINDS EACH AND EVERY DIRECTOR AND OFFICER ACCORDINGLY. EACH DIRECTOR OR OFFICER IS REQUESTED TO CONFIRM COMPLIANCE OF THIS POLICY BY SIGNING A STATEMENT ANNUALLY. THE BOARD OF DIRECTORS IS THE GOVERNING BODY TO ASSESS AND DECIDE IF A CONFLICT OF INTEREST EXISTS. SO FAR, THE BOARD HAS NOT DISCOVERED ANY TRANSACTIONS THAT GIVE RISE TO A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION.
FORM 990, PART XI, LINE 8THE FISCAL YEAR ENDED JUNE 30, 2011 FORM 990 WAS AMENDED IN OCTOBER 2014 TO REFLECT AN ERROR IN REPORTING THE FMV OF THE HISTORICAL TREASURE DONATED DURING THAT FISCAL YEAR. CONSEQUENTLY, THIS RETURN REFLECTS THAT CHANGE AS A PRIOR PERIOD ADJUSTMENT.

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