LIXU FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LIXU FAMILY FOUNDATION (EIN 26-3473646)
Tax period
2012-09-01 to 2013-08-31
Filed
2014-01-15
IRS object ID
201410159349100301
Schema version
2012v2.0
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)
Timestamp2014-01-15T09:15:13-08:00Timestamp
Tax Period End Date2013-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Jimmy J Chen & Associates IncBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11582 Centre Pointe DriveAddressLine1
CityMilpitasCity
StateCAState
ZIP Code95035ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN263473646EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LIXU FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLIXUNameControl
Phone6503265015Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12727 KIPLING STAddressLine1
CityPALO ALTOCity
StateCAState
ZIP Code94306ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWANJING XUName
TitleCFOTitle
Date Signed2014-01-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJIMMY J CHENName
PTINP01715847PTIN
Phone4084358828Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY168337FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss50000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss42InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm42InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm42InterestOnSavingsAdjNetIncm
Total Revenue And Expenses50042TotalRevenueAndExpenses
Total Net Investment Income42TotalNetInvestmentIncome
Total Adjusted Net Income42TotalAdjustedNetIncome
Accounting Fees Rev And Expnss1190AccountingFeesRevAndExpnss
Accounting Fees Adj Net Incm1190AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps1190AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss1TaxesRevAndExpnss
Taxes Adj Net Incm1TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps1TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss2030DeprecAndDepletionRevAndExpnss
Deprec And Depletion Adj Net Incm2030DeprecAndDepletionAdjNetIncm
Trav Conf Meeting Rev And Expnss110TravConfMeetingRevAndExpnss
Trav Conf Meeting Adj Net Incm110TravConfMeetingAdjNetIncm
Trav Conf Meeting Dsbrs Chrtbl Prps110TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss2128OtherExpensesRevAndExpnss
Other Expenses Adj Net Incm2128OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps2128OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss5459TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm5459TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps3429TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss1875ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps1875ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss7334TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm5459TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps5304TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses42708ExcessOfRevenueOverExpenses
Net Investment Income42NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash EOY149501CashEOY
Cash EOYFMV149501CashEOYFMV
Savings And Temp Cash Invst BOY119861SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY15490SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV15490SavingsAndTempCashInvstEOYFMV
Land Building And Equipment Basis9267LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip5921AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY4913LandBuildingAndEquipmentBOY
Land Building And Equipment EOY3346LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV3346LandBuildingAndEquipmentEOYFMV
Other Assets BOY855OtherAssetsBOY
Total Assets BOY125629TotalAssetsBOY
Total Assets EOY168337TotalAssetsEOY
Total Assets EOYFMV168337TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY190050CapitalStockBOY
Capital Stock EOY240050CapitalStockEOY
Retained Earnings BOY-64421RetainedEarningsBOY
Retained Earnings EOY-71713RetainedEarningsEOY
Total Net Assets BOY125629TotalNetAssetsBOY
Total Net Assets EOY168337TotalNetAssetsEOY
Total Liabilities Net Assets BOY125629TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY168337TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY125629TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses42708ExcessOfRevenueOverExpenses
Subtotal168337Subtotal
Total Net Assets Fund Balances EOY168337TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax1InvestmentIncomeExciseTax
Subtotal1Subtotal
Tax Based On Investment Income1TaxBasedOnInvestmentIncome
Tax Due1TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508efalseRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithCAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1WANJING XUBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number6503265015BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line12727 KIPLING STAddressLine1
CityPALO ALTOCity
StateCAState
ZIP Code94306ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
WANJING XU
2727 KIPLING STPALO ALTOCA94306CFO0.000
FAYU LI
2727 KIPLING STPALO ALTOCA94306CEO0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances152319AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets152319TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets152319AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2285CashDeemedCharitable
Net Noncharitable Assets150034NetNoncharitableAssets
Minimum Investment Return7502MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return7502MinimumInvestmentReturn
Tax Based On Investment Income1TaxBasedOnInvestmentIncome
Total Tax1TotalTax
Distributable Amount Before Adj7501DistributableAmountBeforeAdj
Distributable Amount Before Ded7501DistributableAmountBeforeDed
Distributable Amount As Adjusted7501DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions5304ExpensesAndContributions
Qualifying Distributions5304QualifyingDistributions
Adj Qualifying Distributions5304AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted7501DistributableAmountAsAdjusted
Excess Distri Carryover Year4755ExcessDistriCarryoverYear4
Excess Distri Carryover Year324690ExcessDistriCarryoverYear3
Excess Distri Carryover Year217420ExcessDistriCarryoverYear2
Excess Distri Carryover Year11084ExcessDistriCarryoverYear1
Total Excess Distri Carryover43949TotalExcessDistriCarryover
Qualifying Distributions5304QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year5304AppliedToCurrentYear
Excess Distri Cyov App CY Corpus2197ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY2197ExcessDistriCyovAppliedCY
Total Corpus41752TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year41752ExcessDistriCyovToNextYear
Excess From Year323248ExcessFromYear3
Excess From Year217420ExcessFromYear2
Excess From Year11084ExcessFromYear1

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerWANJING XUContributingManager
Contributing ManagerFAYU LIContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
MARCH OF DIMES FOUNDATION
1101 WINCHESTER BLVDSAN JOSECA95128NONE501CDONATION$200
PLAY SPORTS BOOSTER
50 EMBARCADERO ROADPALO ALTOCA94301NONE501CDONATION$175
PALO ALTO PARTNER IN EDUCATION
25 CHURCHILL AVEPALO ALTOCA94306NONE501C3charity$1,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year1875TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Related Or Exempt Function Income42RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Related Or Exempt Function Income42RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA42TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualWANJING XUContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line12727 KIPLING STAddressLine1
CityPALO ALTOCity
StateCAState
ZIP Code94306ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions50000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
Categoryaccounting feeCategory
Amount$1,190Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income1190AdjustedNetIncome
Disbursements Charitable Prps1190DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (2 entries)

Description Of PropertyDescriptionOfPropertyDate AcquiredDateAcquiredCost Or Other BasisCostOrOtherBasisPrior Years DepreciationPriorYearsDepreciationComputation MethodComputationMethodRateRateCurrent Year ExpenseCurrentYearExpense
TV2008-10-1818501272570.0893165
OFFICE DESKS2009-01-05994683570.089389

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (2 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisAccumulated DepreciationAccumulatedDepreciationBook ValueBookValueEOYFMVEOYFMV
Machinery and Equipment6283390923742374
Furniture and Fixtures29842012972972

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
UTILITIES EXPENSE523523523
TELEPHONE EXPENSE126712671267
SUPPLIES EXPENSE120120120
POSTAGE EXPENSE303030
OFFICE EXPENSES158158158
FILING FEE303030

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameFAYU LIPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line12727 KIPLING STAddressLine1
CityPALO ALTOCity
StateCAState
ZIP Code94306ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryIRSCategory
Amount$1Amount
Adjusted Net Income1AdjustedNetIncome
Disbursements Charitable Prps1DisbursementsCharitablePrps

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