JAMES AND VICTORIA CHANG FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: JAMES AND VICTORIA CHANG FAMILY FOUNDATION (EIN 27-4811784)
Tax period: 2013-10-01 to 2014-09-30
Filed: 2015-02-16
IRS object ID: 201520489349100402
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-02-16T08:33:54-06:00	ReturnTs
Tax Period End	2014-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112336434	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RAICH ENDE MALTER & CO LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1375 BROADWAY	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	274811784	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JAMES AND VICTORIA CHANG FAMILY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	JAME	BusinessNameControlTxt
Phone	2127441354	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1115 FIFTH AVE NO 14A	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10128	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES M CHANG	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2127441354	PhoneNum
Signature	2015-02-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MITCHELL SORKIN	PreparerPersonNm
PTIN	P01327877	PTIN
Phone	2129444433	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$5,147,636	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	$15,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,978	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,978	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$25,508	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$25,508	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,350,186	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,452,289	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,350,186	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$485,258	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$485,258	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,877,930	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,862,930	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$3,429	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,057	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$1,372	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$11,405	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$11,405	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$8,728	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$8,560	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$168	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$23,562	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$22,022	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,540	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$350,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$350,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$373,562	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$22,022	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$351,540	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,504,368	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,840,908	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$362,088	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$4,531,416	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$4,647,636	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$3,153,555	OtherInvestmentsBOYAmt
Other Investments EOY	$500,000	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$500,000	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$3,515,643	TotalAssetsBOYAmt
Total Assets EOY	$5,031,416	TotalAssetsEOYAmt
Total Assets EOYFMV	$5,147,636	TotalAssetsEOYFMVAmt
Loans From Officers BOY	$100	LoansFromOfficersBOYAmt
Loans From Officers EOY	$100	LoansFromOfficersEOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$11,405	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$100	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$11,505	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$3,515,543	RetainedEarningBOYAmt
Retained Earning EOY	$5,019,911	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,515,543	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,019,911	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$3,515,643	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,031,416	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,515,543	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,504,368	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$5,019,911	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$5,019,911	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (73 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BERNSTEIN SHORT DURATION PLUS PORTFOLIO	P	2013-10-02	2013-12-11	$168	$170	-$2	-$2
BERNSTEIN SHORT DURATION PLUS PORTFOLIO	P		2014-04-22	$19,512	$19,760	-$248	-$248
BERNSTEIN SHORT DURATION PLUS PORTFOLIO	P		2014-04-22	$162	$162	$0	$0
ALLIANCEBERNSTEIN BD FD GOVT RESERVES	P	2014-04-22	2014-05-14	$299,999	$299,999	$0	$0
ALLIANCEBERNSTEIN BD FD GOVT RESERVES	P	2014-04-22	2014-05-21	$800,000	$800,000	$0	$0
ALLIANCEBERNSTEIN BD FD GOVT RESERVES	P	2014-04-22	2014-06-20	$3,429	$3,429	$0	$0
ALLIANCE BERNSTEIN WEALTH APPREC STRATEGY	P	2012-10-02	2014-04-22	$162,042	$129,439	$32,603	$32,603
ALLIANCE BERNSTEIN WEALTH APPREC STRATEGY	P	2012-11-02	2014-04-22	$2	$2	$0	$0
ALLIANCE BERNSTEIN WEALTH APPREC STRATEGY	P	2012-12-19	2014-04-22	$2,447	$1,950	$497	$497
ALLIANCE BERNSTEIN WEALTH APPREC STRATEGY	P	2013-09-13	2014-04-22	$21,722	$20,246	$1,476	$1,476
ALLIANCE BERNSTEIN WEALTH APPREC STRATEGY	P	2013-12-18	2014-04-22	$4,313	$4,074	$239	$239
AMAZON.COM INC	P	2014-04-22	2014-05-13	$3,040	$3,329	-$289	-$289
MACYS INC	P	2014-04-22	2014-05-13	$10,068	$10,147	-$79	-$79
STARBUCKS CORP	P	2014-04-22	2014-05-13	$1,775	$1,776	-$1	-$1
VERIZON COMMUNICATIONS CORP	P	2014-04-22	2014-05-13	$8,375	$8,435	-$60	-$60
VIACOM INC	P	2014-04-22	2014-05-13	$6,291	$6,333	-$42	-$42
CBS CORP	P	2014-04-22	2014-05-15	$12,553	$13,418	-$865	-$865
ANSYS INC	P	2014-04-22	2014-05-20	$3,682	$3,751	-$69	-$69
INTERCONTINENTALEXCHANGE GROUP	P	2014-04-22	2014-05-20	$2,828	$3,055	-$227	-$227
NAVIENT CORP	P	2014-05-06	2014-05-20	$6,000	$6,251	-$251	-$251
AMAZON.COM INC	P	2014-04-22	2014-05-21	$7,617	$8,322	-$705	-$705
GENWORTH FINANCIAL INC	P	2014-04-22	2014-05-23	$1,727	$1,765	-$38	-$38
GENWORTH FINANCIAL INC	P	2014-04-22	2014-05-30	$2,549	$2,648	-$99	-$99
FEDEX CORP	P	2014-04-22	2014-06-06	$10,719	$10,315	$404	$404
COGNIZANT TECHNOLOGY SOLUTIONS	P	2014-04-22	2014-06-10	$3,573	$3,694	-$121	-$121
TIME INC	P	2014-04-22	2014-06-10	$644	$605	$39	$39
TIME INC	P	2014-05-22	2014-06-10	$138	$144	-$6	-$6
UNION PACIFIC CORP	P	2014-04-22	2014-06-10	$2,547	$2,419	$128	$128
COSTCO WHOLESALE CORP	P	2014-04-22	2014-06-12	$2,884	$2,852	$32	$32
NIKE INC	P	2014-04-22	2014-06-12	$3,745	$3,724	$21	$21
WALT DISNEY CO	P	2014-04-22	2014-06-12	$2,074	$1,994	$80	$80
KROGER CO	P	2014-04-22	2014-06-13	$5,913	$5,683	$230	$230
HEALTH NET INC	P	2014-04-22	2014-06-19	$8,117	$6,557	$1,560	$1,560
VERIZON COMMUNICATIONS CORP	P	2014-04-22	2014-06-19	$2,471	$2,410	$61	$61
WALT-MART STORES INC	P	2014-04-22	2014-06-19	$7,606	$7,769	-$163	-$163
INTUITIVE SURGICAL INC	P	2014-04-22	2014-06-25	$4,038	$4,233	-$195	-$195
TJX COMPANIES INC	P	2014-05-22	2014-06-25	$3,996	$4,477	-$481	-$481
MEAD JOHNSON NUTRITION COMPANY	P	2012-04-22	2014-06-10	$2,193	$2,138	$55	$55
F5 NETWORKS INC	P	2014-04-22	2014-06-26	$5,366	$5,476	-$110	-$110
GANNETT CO INC	P	2014-04-22	2014-06-26	$11,483	$10,170	$1,313	$1,313
APPLE INC	P	2014-04-22	2014-06-27	$7,779	$6,435	$1,344	$1,344
LORILLARD INC	P	2014-04-22	2014-06-27	$3,067	$2,756	$311	$311
VERTEX PHARMACEUTICALS INC	P	2014-04-22	2014-06-27	$6,966	$5,130	$1,836	$1,836
VALERO ENERGY CORP	P	2014-04-22	2014-07-01	$10,071	$11,266	-$1,195	-$1,195
HASBRO INC	P	2014-05-14	2014-07-11	$4,082	$4,155	-$73	-$73
HERSHEY COMPANY	P	2014-04-23	2014-07-15	$7,128	$7,529	-$401	-$401
TIME WARNER INC	P	2014-04-22	2014-07-16	$6,262	$4,681	$1,581	$1,581
TJX COMPANIES INC	P	2014-04-22	2014-07-17	$6,548	$7,461	-$913	-$913
VALERO ENERGY CORP	P	2014-04-22	2014-07-21	$9,644	$11,266	-$1,622	-$1,622
EBAY INC	P	2014-04-22	2014-07-24	$10,658	$11,061	-$403	-$403
TIME INC	P	2014-07-02	2014-07-02	$9		$9	$9
PARKER HANNIFIN CORP	P	2014-04-22	2014-07-29	$8,929	$9,427	-$498	-$498
TJX COMPANIES INC	P	2014-04-22	2014-07-30	$7,947	$8,954	-$1,007	-$1,007
GENWORTH FINANCIAL INC	P	2014-04-22	2014-08-05	$5,881	$7,944	-$2,063	-$2,063
MONDELEZ INTERNATIONAL INC	P	2014-04-23	2014-08-05	$5,404	$5,273	$131	$131
DANAHER CORP	P	2014-04-22	2014-08-14	$1,867	$1,851	$16	$16
HESS CORP	P	2014-04-22	2014-08-14	$4,903	$4,405	$498	$498
BOEING CO	P	2014-04-22	2014-08-15	$6,169	$6,446	-$277	-$277
COGNIZANT TECHNOLOGY SOLUTIONS	P	2014-04-22	2014-08-15	$8,970	$9,849	-$879	-$879
INTERCONTINENTALEXCHANGE GROUP	P	2014-04-22	2014-08-19	$1,858	$2,036	-$178	-$178
MEAD JOHNSON NUTRITION COMPANY	P	2014-04-22	2014-08-27	$4,749	$4,276	$473	$473
MEDTRONIC INC	P	2014-04-22	2014-09-04	$3,216	$2,932	$284	$284
UNITED TECHNOLOGIES CORP	P	2014-04-22	2014-09-05	$5,437	$5,975	-$538	-$538
UNITED TECHNOLOGIES CORP	P	2014-06-26	2014-09-05	$2,718	$2,894	-$176	-$176
BERKSHIRE HATHAWAY INC	P	2014-04-22	2014-09-08	$10,373	$9,527	$846	$846
HERSHEY COMPANY	P	2014-04-23	2014-09-08	$9,198	$10,039	-$841	-$841
LINCOLN NATIONAL CORP	P	2014-04-22	2014-09-08	$9,508	$8,506	$1,002	$1,002
TIME WARNER INC	P	2014-04-22	2014-09-08	$5,750	$4,681	$1,069	$1,069
UNION PACIFIC CORP	P	2014-04-22	2014-09-08	$5,389	$4,838	$551	$551
CARECORE NATIONAL LLC	P		2013-12-31		$164	-$164	-$164
SALE OF INTEREST IN CARECORE NATIONAL	P	2013-06-30	2014-03-11	$1,811,212	$496,395	$1,314,817	$1,314,817
EUROPEAN OPPORTUNITIES SERIES	P	2014-05-23	2014-07-25	$823	$830	-$7	-$7
CAPITAL GAINS DIVIDENDS	P			$1,966		$1,966	$1,966

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,350,186	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$69,889	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$1,006,100	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.069465	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$0	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$15,333	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.000000	DistributionYr2Rt
Total Distribution	0.069465	TotalDistributionRt
Average Distribution	0.034733	AverageDistributionRt
Net Vl Noncharitable Assets	$4,398,336	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$152,767	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$18,409	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$171,176	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$351,540	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$18,409	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$18,409	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$18,409	TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$2	EsPenaltyAmt
Tax Due	$18,411	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (1)	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	JAMES CHANG	IndividualWithBooksNm
Phone	2127441354	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1115 FIFTH AVE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10128	ZIPCode

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES CHANG
1115 FIFTH AVE	NEW YORK	NY	10128	PRESIDENT	5.00	$0	$0	$0
MELISSA GUNN
170 EAST 87TH STREET	NEW YORK	NY	10128	DIRECTOR	5.00	$0	$0	$0
ALLISON CHANG
1115 FIFTH AVE	NEW YORK	NY	10128	DIRECTOR	5.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$4,013,115	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$452,201	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,465,316	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$4,465,316	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$66,980	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,398,336	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$219,917	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$219,917	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$18,409	TaxBasedOnInvestmentIncomeAmt
Income Tax	$143,447	IncomeTaxAmt
Total Tax	$161,856	TotalTaxAmt
Distributable Before Adj	$58,061	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$58,061	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$58,061	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$351,540	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$351,540	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$18,409	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$333,131	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$58,061	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr1	$19,039	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$19,039	TotalExcessDistributionCyovAmt
Qualifying Distributions	$351,540	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$58,061	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$293,479	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$312,518	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$312,518	ExcessDistriCyovToNextYrAmt
Excess From Year1	$19,039	ExcessFromYear1Amt
Excess From Current Year	$293,479	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
APEX FOR YOUTH INC
80 MAIDEN LANE	NEW YORK	NY	10038	PUBLIC CHARITY	GENERAL SUPPORT	$50,000
CHAPIN SCHOOL
100 EAST END AVE	NEW YORK	NY	10028	PUBLIC CHARITY	GENERAL SUPPORT	$200,000
MIT
600 MEMORIAL DRIVE	CAMBRIDGE	MA	02139	PUBLIC CHARITY	GENERAL SUPPORT	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$350,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,978	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$25,508	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Business	900099	BusinessCd
Unrelated Business Taxbl Incm	$485,258	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,350,186	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$485,258	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,377,672	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,862,930	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1	CityContributorUSAddress/City	StateContributorUSAddress/State	ZIP CodeContributorUSAddress/ZIPCode	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
JAMES CHANG
1	1115 FIFTH AVE	NEW YORK	NY	10128	$5,000	Yes (X)
MELISSA GUNN
2	170 EAST 87TH STREET	NEW YORK	NY	10128	$5,000	Yes (X)
ALLISON CHANG
3	1115 FIFTH AVE	NEW YORK	NY	10128	$5,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$3,429	Amt
Net Investment Income	$2,057	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,372	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
INVESTMENT IN CARECORE NATIONAL	AT COST	$0	$0
INVESTMENT IN BERNSTEIN MULTI MANAGER HEDGE FUND OFFSHORE	AT COST	$500,000	$500,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEES	$8,310	$8,310	$0
FILING FEES	$168	$100	$68
NYS FILING FEE	$250	$150	$100

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	CARECORE NATIONAL LLC	Desc
Revenue And Expenses Per Books	$485,258	RevenueAndExpensesPerBooksAmt
Net Investment Income	$485,258	NetInvestmentIncomeAmt
Adjusted Net Income	$485,258	AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	DUE TO CARECORE NATIONAL	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$11,405	EOYBookValueAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VICTORIA M CHANG CHARITABLE LEAD TRUST	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1115 FIFTH AVE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10128	ZIPCode

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	STATE TAXES	CategoryTxt
Amt	$11,405	Amt
Net Investment Income	$11,405	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

JAMES AND VICTORIA CHANG FAMILY FOUNDATION: Form 990PF, tax year 2013

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

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (73 entries)

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (3 entries)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Business Name BusinessName

US Address USAddress

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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