2015-02-06T15:58:36-06:00 2014-06-30 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2013-07-01 980477422 THE CHINESE UNIVERSITY OF HONG KONG FOUNDATION INC CHIN 6174267080 C/O GMA FOUNDATIONS 77 SUMMER ST NO 800 BOSTON MA 021101006 SALOME CHAN CLERK 6174267080 2014-12-18 1 ALFONSO PERILLO P00950491 6172276161 2014-12-16 2013 2016-02-25 16:41:14Z CHIEN LEE C/O GMA FOUNDATIONS 77 SUMMER ST NO 800 BOSTON MA 021101006 881568 0 X N/A X 2005 MA TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 4 4 0 0 0 0 1357860 845630 0 0 3531 4048 0 0 1361391 849678 6351060 734727 0 0 0 0 0 0 0 29594 37610 6380654 772337 -5019263 77341 660392 841970 39708 43945 620684 798025 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 0 0 734727 734727 TO PROVIDE SUPPORT FOR THE ACTIVITIES AND THE BENEFIT OF THE CHINESE UNIVERSITY OF HONG KONG. 734727 1 1 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA NY CA NJ IL X GMA FOUNDATIONS 6174267080 77 SUMMER STREET 8TH FLOOR BOSTON MA 021101006 X SHING-TUNG YAU DIRECTOR 1.00 X 0 0 0 CHIEN LEE PRESIDENT/DIRECTOR 1.00 X X 0 0 0 BENJAMIN W WAH TREASURER/DIRECTOR 1.00 X X 0 0 0 JOSEPH JY SUNG DIRECTOR 1.00 X 0 0 0 SALOME CHAN CLERK 1.00 X 0 0 0 0 0 0 0 0 0 0 0 845630 123420 845630 104 104 35834 31890 3944 3944 3944 849678 0 0 4048 734727 734727 3559 3559 24192 24192 1002 1002 4572 4572 FILING FEES 3281 3281 CREDIT CARD MERCHANT FE 1004 1004 772337 734727 37610 0 24347 14734 2708 2713 500 60 2777 2993 630000 821530 660392 841970 14708 18945 25000 25000 39708 43945 X 611004 797930 9680 95 620684 798025 660392 841970 77341 100000 0 X 0 1 X 0 0 X 357850 622400 478173 1357860 845630 3661913 357850 622400 478173 1357860 845630 3661913 2174619 1487294 86263 69779 63182 3531 104 222859 3884772 0.38290 0.45580 X SCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS: DESCRIPTION: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91530 821530 X 0 9680 721098 4044 734727 95 5000855 1357760 2249 1807227 4543957 9680 4576393 478073 226866 21178 259299 5000855 4844552 122300 204798 160125 435132 4576393 7828797 357750 328938 2946624 724309 4844552 1.00000 0 0 0 WORKS OF ART 221530 HISTORICAL TREASURE 600000 821530 LOAN FROM AFFILIATE 25000 25000 X 849678 0 849678 0 849678 772337 0 772337 0 772337 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. 0 EAST ASIA AND THE PACIFIC - 0 0 GRANTMAKING TO THE CHINESE UNIVERSITY OF HONG KONG N/A 734727 0 0 0 0 0 0 734727 0 734727 EAST ASIA AND THE PACIFIC - SUPPORT THE ACTIVITIES OF THE CHINESE UNIVERSITY OF HONG KONG. 734727 CHECK N/A N/A 1 0 0 0 0 0 0 0 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. X 1 91530 SALES RECEIPT X 1 31890 STOCK EXCHANGE 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE 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 11 WHEN 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 12C THE 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 19 THE 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 8 THE 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.