MING K JEANG FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: MING K JEANG FOUNDATION (EIN 76-0454594)
Tax period: 2013-12-01 to 2014-11-30
Filed: 2015-03-11
IRS object ID: 201530709349100308
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
Accounting Fees Schedule
Investments Other Schedule2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-03-11T13:17:32-07:00	ReturnTs
Tax Period End	2014-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Mosher Seifert & Co CPAs	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4701 Preston	AddressLine1
City	Pasadena	City
State	TX	State
ZIP Code	775052050	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	760454594	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MING K JEANG FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	MING	BusinessNameControlTxt
Phone	2812860803	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14203 LOFTY MOUNTAIN TRL	AddressLine1
City	HOUSTON	City
State	TX	State
ZIP Code	77062	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MING K JEANG	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Signature	2014-03-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KENNETH J SEIFERT	PreparerPersonNm
PTIN	P01460899	PTIN
Phone	2819911099	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)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$541,749	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$1,104	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,104	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$1,104	InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss	$1,104	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,104	TotalNetInvstIncmAmt
Total Adj Net Incm	$1,104	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$1,095	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$1,095	AccountingFeesNetInvstIncmAmt
Printing And Pub Rev And Expnss	$50	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$50	PrintingAndPubNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$1,145	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,145	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$170,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$170,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$171,145	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,145	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$170,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$170,041	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$1,104	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$699,954	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$435,182	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$435,182	SavAndTempCashInvstEOYFMVAmt
Other Investments EOY	$106,567	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$106,567	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$699,954	TotalAssetsBOYAmt
Total Assets EOY	$541,749	TotalAssetsEOYAmt
Total Assets EOYFMV	$541,749	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$200,000	CapitalStockBOYAmt
Capital Stock EOY	$200,000	CapitalStockEOYAmt
Additional Paid In Capital BOY	$499,954	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$341,749	AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY	$699,954	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$541,749	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$699,954	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$541,749	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$699,954	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$170,041	ExcessRevenueOverExpensesAmt
Other Increases	$11,836	OtherIncreasesAmt
Subtotal	$541,749	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$541,749	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$26,000	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$703,690	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.03695	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$40,050	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$723,171	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.05538	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$43,050	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$764,150	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.05634	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$51,550	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$816,655	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.06312	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$41,100	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$890,724	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.04614	DistributionYr5Rt
Total Distribution	0.25793	TotalDistributionRt
Average Distribution	0.05159	AverageDistributionRt
Net Vl Noncharitable Assets	$548,924	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$28,317	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$28,317	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$170,000	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	$0	InvestmentIncomeExciseTaxAmt

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
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	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	MING K JEANG	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	2812860803	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	14203 LOFTY MOUNTAIN TRL	AddressLine1
City	HOUSTON	City
State	TX	State
ZIP Code	77062	ZIPCode

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
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
MING K JEANG
14203 LOFTY MOUNTAIN TRAIL	HOUSTON	TX	77062	PRESIDENT	0.50	$0
SHAO-SHAN HWANG JEANG
14203 LOFTY MOUNTAIN TRAIL	HOUSTON	TX	77062	SECRETARY	0.20	$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	$557,283	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$557,283	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$557,283	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$8,359	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$548,924	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$27,446	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$27,446	MinimumInvestmentReturnAmt
Distributable Before Adj	$27,446	DistributableBeforeAdjAmt
Distributable Before Ded	$27,446	DistributableBeforeDedAmt
Distributable As Adjusted	$27,446	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$170,000	ExpensesAndContributionsAmt
Qualifying Distributions	$170,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$170,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$27,446	DistributableAsAdjustedAmt
Undistributed Income PY	$34,263	UndistributedIncomePYAmt
Qualifying Distributions	$170,000	QualifyingDistributionsAmt
Applied To Year1	$34,263	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$27,446	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$108,291	RemainingDistriFromCorpusAmt
Total Corpus	$108,291	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$108,291	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$108,291	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MING K JEANG	ContributingManagerNm
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 RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BAYLOR COLLEGE OF MEDICINE
ONE BAYLOR PLAZA	HOUSTON TEXAS	TX	77030	NONE	501(C)3	CHARITABLE CONTRIBUTION FOR COLLEGE PRIORITIES FUND	$150,000
80-20 NATIONAL ASIAN AMERICAN EDU F
222 CALLE DOS	MARBLE FALLS	TX	78654	NONE	501(C)3	GENERAL OPERATIONS SUPPORT	$10,000
SOCIETY OF CHINESE BIOSCIENTISTS IN
20 SOUTH 200 EAST	SMITHFIELD	UT	84335	NONE	501(C)3	CHARITABLE CONTRIBUTION FOR OPERATIONS	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$170,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,104	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,104	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,104	TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING AND TAX PREPARATION	CategoryTxt
Amt	$1,095	Amt
Net Investment Income	$1,095	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	EQUITY / EXCHANGE TRADED FUNDS	CategoryOrItemTxt
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$106,567	BookValueAmt
EOYFMV	$106,567	EOYFMVAmt

MING K JEANG 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

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

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 (2 entries)

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

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Comments