J & S FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
J & S FAMILY FOUNDATION (EIN 26-1363311)
Tax period
2012-10-01 to 2013-09-30
Filed
2014-02-06
IRS object ID
201420379349100502
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)
Timestamp2014-02-06T10:22:30-08:00Timestamp
Tax Period End Date2013-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

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

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1
CityMILPITASCity
StateCAState
ZIP Code95035ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN261363311EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1J & S FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlJ&SFNameControl
Phone4087728857Phone

US Address USAddress

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

Officer Officer

FieldValueIRS element (for citing)
NameLILI LIName
TitleSecretaryTitle
Date Signed2014-02-06DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSHUANG MAO EAName
PTINP00660082PTIN
Phone4083929977Phone
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 EOY1259654FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss280000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss829InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm829InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm829InterestOnSavingsAdjNetIncm
Gross Rents Rev And Expnss26400GrossRentsRevAndExpnss
Gross Rents Net Invst Incm26400GrossRentsNetInvstIncm
Gross Rents Adj Net Incm26400GrossRentsAdjNetIncm
Net Rental Income Or Loss5051NetRentalIncomeOrLoss
Total Revenue And Expenses307229TotalRevenueAndExpenses
Total Net Investment Income27229TotalNetInvestmentIncome
Total Adjusted Net Income27229TotalAdjustedNetIncome
Accounting Fees Rev And Expnss850AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps850AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss6210TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps6210TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss11464DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm7145DeprecAndDepletionNetInvstIncm
Trav Conf Meeting Rev And Expnss1215TravConfMeetingRevAndExpnss
Trav Conf Meeting Dsbrs Chrtbl Prps1215TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss17369OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm14204OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps17369OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss37108TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm21349TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps25644TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss120ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps120ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss37228TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm21349TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps25764TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses270001ExcessOfRevenueOverExpenses
Net Investment Income5880NetInvestmentIncome
Adjusted Net Income27229AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY294357CashBOY
Cash EOY564722CashEOY
Cash EOYFMV564722CashEOYFMV
Land Building And Equipment Basis753374LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip51685AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY702053LandBuildingAndEquipmentBOY
Land Building And Equipment EOY701689LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV694932LandBuildingAndEquipmentEOYFMV
Total Assets BOY996410TotalAssetsBOY
Total Assets EOY1266411TotalAssetsEOY
Total Assets EOYFMV1259654TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY996410RetainedEarningsBOY
Retained Earnings EOY1266411RetainedEarningsEOY
Total Net Assets BOY996410TotalNetAssetsBOY
Total Net Assets EOY1266411TotalNetAssetsEOY
Total Liabilities Net Assets BOY996410TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1266411TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY996410TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses270001ExcessOfRevenueOverExpenses
Subtotal1266411Subtotal
Total Net Assets Fund Balances EOY1266411TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax118InvestmentIncomeExciseTax
Subtotal118Subtotal
Tax Based On Investment Income118TaxBasedOnInvestmentIncome
Tax Due118TaxDue

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 Over1000trueUnrelatedBusIncomeOver1000
Form990 T FiledtrueForm990TFiled
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 Line1LILI LIBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4087728857BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode
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
LILI LI
19601 SOMERVILLER DRIVESARATOGACA95070Secretary4.000
QINGPING ZHENG
19601 SOMERVILLER DRIVESARATOGACA95070President & CEO4.000
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 Balances527493AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets527493TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets527493AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable7912CashDeemedCharitable
Net Noncharitable Assets519581NetNoncharitableAssets
Minimum Investment Return25979MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return25979MinimumInvestmentReturn
Tax Based On Investment Income118TaxBasedOnInvestmentIncome
Total Tax118TotalTax
Distributable Amount Before Adj25861DistributableAmountBeforeAdj
Distributable Amount Before Ded25861DistributableAmountBeforeDed
Distributable Amount As Adjusted25861DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions25764ExpensesAndContributions
Amounts Paid Acq Charitable Assets11100AmountsPaidAcqCharitableAssets
Qualifying Distributions36864QualifyingDistributions
Adj Qualifying Distributions36864AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted25861DistributableAmountAsAdjusted
Excess Distri Carryover Year32698ExcessDistriCarryoverYear3
Excess Distri Carryover Year2708510ExcessDistriCarryoverYear2
Excess Distri Carryover Year112227ExcessDistriCarryoverYear1
Total Excess Distri Carryover723435TotalExcessDistriCarryover
Qualifying Distributions36864QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year25861AppliedToCurrentYear
Remaining Distri From Corpus11003RemainingDistriFromCorpus
Total Corpus734438TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year734438ExcessDistriCyovToNextYear
Excess From Year32698ExcessFromYear3
Excess From Year2708510ExcessFromYear2
Excess From Year112227ExcessFromYear1
Excess From Current Year11003ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerLILI LIContributingManager
Contributing ManagerQINGPING ZHENGContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

FieldValueIRS element (for citing)
Recipient Person NameAMERICAN RED CROSSRecipientPersonName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12025 E STREET NWAddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20006ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipDONATIONRecipientRelationship
Recipient Foundation StatusPUBLICRecipientFoundationStatus
Purpose Of Grant Or ContributionHELPING PEOPLE PREVENT, PREPARE FOR AND RESPOND TO EMERGENCIESPurposeOfGrantOrContribution
Amount$120Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year120TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code1ExclusionCode
Exclusion$829ExclusionAmount

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business Code531390BusinessCode
Unrelated Business Income$5,051UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$5,051UnrelatedBusinessIncomeAmount
Exclusion$829ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA5880TotalPartXVIA

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 IndividualQINGPING ZHENG AND LILI LIContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line119601 SOMERVILLER DRIVEAddressLine1
CitySARATOGACity
StateCAState
ZIP Code95070ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions280000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryPrepare Tax ReturnCategory
Amount$850Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps850DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (8 entries)

Description Of PropertyDescriptionOfPropertyDate AcquiredDateAcquiredCost Or Other BasisCostOrOtherBasisComputation MethodComputationMethodRateRateCurrent Year ExpenseCurrentYearExpenseNet Investment IncomeNetInvestmentIncomePrior Years DepreciationPriorYearsDepreciation
IMPROVEMENT2013-08-205100650.01256464
IMPROVEMENT2013-07-086000650.01257575
WATER HEATER2012-01-13800530.3200256256160
WASHER2011-06-03704530.1920135135366
BUILDING2010-10-12181929850.03646615661512955
CHAIR2010-01-13328570.124941184
AUTO2009-12-0236107550.1152416025708
COMPUTER2008-12-021025530.1152118848

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (6 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisBook ValueBookValueEOYFMVEOYFMVAccumulated DepreciationAccumulatedDepreciation
Land521382521382521382
Improvements11100109618000139
Buildings18192916235916000019570
Machinery and Equipment25296465001883
Furniture and Fixtures32810350225
Auto./Transportation Equip.361066238500029868

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
Rental Expenses142041420414204
Office Supplies10421042
Meals and Entertainment917917
Filing Expense105105
Bank Services Fee6161
Auto Expenses10401040

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameJ S FAMILY FOUNDATIONPersonName

US Address USAddress

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

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountDisbursements Charitable PrpsDisbursementsCharitablePrps
Income Tax - IRS$4,0114011
Income Tax - FTB$2,1992199

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