BETA

J & S FAMILY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
J & S FAMILY FOUNDATION (EIN 26-1363311)
Tax period
2013-10-01 to 2014-09-30
Filed
2014-12-15
IRS object ID
201413499349100211
Schema version
2013v3.1
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)
Return2014-12-15T17:45:31-08:00ReturnTs
Tax Period End2014-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ABEST TAX SERVICES INCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1
CityMILPITASCity
StateCAState
ZIP Code95035ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN261363311EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1J & S FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlJ&SFBusinessNameControlTxt
Phone4087728857PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLILI LIPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2014-12-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,512,725FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$250,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,122InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,122InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,122InterestOnSavingsAdjNetIncmAmt
Gross Rents Rev And Expnss$26,400GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$26,400GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$26,400GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$7,527NetRentalIncomeOrLossAmt
Total Rev And Expnss$277,522TotalRevAndExpnssAmt
Total Net Invst Incm$27,522TotalNetInvstIncmAmt
Total Adj Net Incm$27,522TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$850AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$850AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$791TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$791TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$12,208DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$7,960DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$11,634OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$10,913OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$11,634OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$25,483TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$18,873TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,275TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,120ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,120ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$28,603TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$18,873TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,395TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$248,919ExcessRevenueOverExpensesAmt
Net Investment Income$8,649NetInvestmentIncomeAmt
Adjusted Net Income$27,522AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$564,722CashBOYAmt
Cash EOY$825,849CashEOYAmt
Cash EOYFMV$825,849CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$753,374LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$63,893LandBldgEquipAccumDeprecAmt
Land BOY$701,689LandBOYAmt
Land EOY$689,481LandEOYAmt
Land EOYFMV$686,876LandEOYFMVAmt
Total Assets BOY$1,266,411TotalAssetsBOYAmt
Total Assets EOY$1,515,330TotalAssetsEOYAmt
Total Assets EOYFMV$1,512,725TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,266,411RetainedEarningBOYAmt
Retained Earning EOY$1,515,330RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,266,411TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,515,330TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,266,411TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,515,330TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,266,411TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$248,919ExcessRevenueOverExpensesAmt
Subtotal$1,515,330SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,515,330TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$173InvestmentIncomeExciseTaxAmt
Subtotal$173SubtotalAmt
Tax Based On Investment Income$173TaxBasedOnInvestmentIncomeAmt
Tax Due$173TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LILI LIBusinessNameLine1
FieldValueIRS element (for citing)
Phone4087728857PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
QINGPING ZHENG
19601 SOMERVILLER DRIVESARATOGACA95070President & CEO4.00$0
LILI LI
19601 SOMERVILLER DRIVESARATOGACA95070Secretary4.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$765,517AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$765,517TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$765,517AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,483CashDeemedCharitableAmt
Net Vl Noncharitable Assets$754,034NetVlNoncharitableAssetsAmt
Minimum Investment Return$37,702MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$37,702MinimumInvestmentReturnAmt
Tax Based On Investment Income$173TaxBasedOnInvestmentIncomeAmt
Total Tax$173TotalTaxAmt
Distributable Before Adj$37,529DistributableBeforeAdjAmt
Distributable Before Ded$37,529DistributableBeforeDedAmt
Distributable As Adjusted$37,529DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,395ExpensesAndContributionsAmt
Qualifying Distributions$16,395QualifyingDistributionsAmt
Adjusted Qualifying Distri$16,395AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$37,529DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$2,698ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$708,510ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$12,227ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$11,003ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$734,438TotalExcessDistributionCyovAmt
Qualifying Distributions$16,395QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$16,395AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$21,134ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$21,134ExcessDistributionCyovAppCYAmt
Total Corpus$713,304TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$713,304ExcessDistriCyovToNextYrAmt
Excess From Year3$690,074ExcessFromYear3Amt
Excess From Year2$12,227ExcessFromYear2Amt
Excess From Year1$11,003ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerQINGPING ZHENGContributingManagerNm
Contributing ManagerLILI LIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN RED CROSS
2025 E STREET NWWASHINGTONDC20006DONATIONPUBLICHELPING PEOPLE PREVENT, PREPARE FOR AND RESPOND TO EMERGENCIES$120
A-SHARP
204 SW 43RD STREETRENTONWA98057DONATIONPUBLICTO SERVE MUSICIANS OF ALL LEVELS, PROVIDE SOURCE FOR QUALITY INSTRUMENTS AND CARE.$1,000
ORION ABACUS ASSOCIATION
40087 MISSION BLVD 162FREMONTCA94539DONATIONPUBLICTO INTEGRATE THE RESOURCES OF TEACHERS AND MODERNIZE THE MATERIAL WITH THE LATEST HIGH TECH TO PROMOTE THIS ANCIENT CULTURE TO THE MAIN STREAM SCHOOLS.$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,120TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$1,122ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business531390BusinessCd
Unrelated Business Taxbl Incm$7,527UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$7,527UnrelatedBusinessTaxblIncmAmt
Exclusion$1,122ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,649TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonQINGPING ZHENG AND LILI LIContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode
FieldValueIRS element (for citing)
Total Contributions$25,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeeCategoryTxt
Amt$850Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$850DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (8 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
COMPUTER2008-12-02$1,025$966530.0576$59
AUTO2009-12-02$36,107$29,868550.1152$4,160
CHAIR2010-01-13$328$225570.0893$29
BUILDING2010-10-12$181,929$19,570850.0364$6,615$6,615
WASHER2011-06-03$704$501530.1152$81$81
WATER HEATER2012-01-13$800$416530.1920$154$154
IMPROVEMENT2013-07-08$6,000$75650.1000$600$600
IMPROVEMENT2013-08-20$5,100$64650.1000$510$510

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (6 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Auto./Transportation Equip.$36,106$34,028$2,078$1,500
Furniture and Fixtures$328$254$74$50
Machinery and Equipment$2,529$2,177$352$200
Buildings$181,929$26,185$155,744$155,744
Improvements$11,100$1,249$9,851$8,000
Land$521,382$521,382$521,382

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Auto Expenses$110$110
Bank Services Fee$36$36
Event Expenses$500$500
Filing Expense$75$75
Rental Expenses$10,913$10,913$10,913

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonQINGPING ZHENG AND LILI LIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Income Tax - FTB$250$250
Income Tax - IRS$118$118
Income Tax - IRS$423$423

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.