RONG RONG FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
RONG RONG FAMILY FOUNDATION (EIN 27-4260437)
Tax period
2012-12-01 to 2013-11-30
Filed
2014-06-23
IRS object ID
201431749349100308
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)
Timestamp2014-06-23T12:12:51-07:00Timestamp
Tax Period End Date2013-11-30TaxPeriodEndDate

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 Date2012-12-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN274260437EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RONG RONG FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlRONGNameControl
Phone4086230766Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14166 Astin Canyon CtAddressLine1
CitySan JoseCity
StateCAState
ZIP Code95121ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDunfa XiName
TitleCEOTitle
Date Signed2014-06-23DateSigned
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 EOY320752FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss234500ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss2874InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm2874InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm2874InterestOnSavingsAdjNetIncm
Gross Rents Rev And Expnss6820GrossRentsRevAndExpnss
Gross Rents Net Invst Incm6820GrossRentsNetInvstIncm
Gross Rents Adj Net Incm6820GrossRentsAdjNetIncm
Net Rental Income Or Loss-1036NetRentalIncomeOrLoss
Other Income Rev And Expnss21OtherIncomeRevAndExpnss
Total Revenue And Expenses244215TotalRevenueAndExpenses
Total Net Investment Income9694TotalNetInvestmentIncome
Total Adjusted Net Income9694TotalAdjustedNetIncome
Legal Fees Rev And Expnss845LegalFeesRevAndExpnss
Legal Fees Adj Net Incm845LegalFeesAdjNetIncm
Legal Fees Dsbrs Chrtbl Prps845LegalFeesDsbrsChrtblPrps
Taxes Rev And Expnss1430TaxesRevAndExpnss
Taxes Adj Net Incm1430TaxesAdjNetIncm
Taxes Dsbrs Chrtbl Prps1430TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss3711DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm3704DeprecAndDepletionNetInvstIncm
Deprec And Depletion Adj Net Incm3711DeprecAndDepletionAdjNetIncm
Other Expenses Rev And Expnss37070OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm4152OtherExpensesNetInvstIncm
Other Expenses Adj Net Incm37070OtherExpensesAdjNetIncm
Other Expenses Dsbrs Chrtbl Prps37070OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss43056TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm7856TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm43056TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps39345TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss795ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps795ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss43851TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm7856TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm43056TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps40140TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses200364ExcessOfRevenueOverExpenses
Net Investment Income1838NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY5534CashBOY
Cash EOY3184CashEOY
Cash EOYFMV3183CashEOYFMV
Investments Land Etc Basis317024InvestmentsLandEtcBasis
Accum Deprec Investments Land Etc3703AccumDeprecInvestmentsLandEtc
Investments Land Etc EOY313321InvestmentsLandEtcEOY
Investments Land Etc EOYFMV317011InvestmentsLandEtcEOYFMV
Investments Other BOY111016InvestmentsOtherBOY
Land Building And Equipment Basis565LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip7AccumDeprecLandBldgAndEquip
Land Building And Equipment EOY558LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV558LandBuildingAndEquipmentEOYFMV
Total Assets BOY116550TotalAssetsBOY
Total Assets EOY317063TotalAssetsEOY
Total Assets EOYFMV320752TotalAssetsEOYFMV
Other Liabilities BOY5370OtherLiabilitiesBOY
Other Liabilities EOY5519OtherLiabilitiesEOY
Total Liabilities BOY5370TotalLiabilitiesBOY
Total Liabilities EOY5519TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY143702CapitalStockBOY
Capital Stock EOY378202CapitalStockEOY
Retained Earnings BOY-32522RetainedEarningsBOY
Retained Earnings EOY-66658RetainedEarningsEOY
Total Net Assets BOY111180TotalNetAssetsBOY
Total Net Assets EOY311544TotalNetAssetsEOY
Total Liabilities Net Assets BOY116550TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY317063TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY111180TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses200364ExcessOfRevenueOverExpenses
Subtotal311544Subtotal
Total Net Assets Fund Balances EOY311544TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax37InvestmentIncomeExciseTax
Subtotal37Subtotal
Tax Based On Investment Income37TaxBasedOnInvestmentIncome
Tax Due37TaxDue

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 FoundationtruePrivateOperatingFoundation
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 Line1Dunfa XiBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4086230766BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line14166 Astin Canyon CtAddressLine1
CitySan JoseCity
StateCAState
ZIP Code95121ZIPCode
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
Weiping Dou
4166 Astin Canyon CtSan JoseCA95121CFO0.000
Dunfa Xi
4166 Astin Canyon CtSan JoseCA95121CEO2.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1PROVIDE FREE BADMINTON LESSONS AND OPEN TO PUBLIC REGULARLY.Description1
Expenses11904Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances74619AvgMonthlyCashBalances
FMV All Other Noncharitable Assets317011FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets391630TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets391630AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable5874CashDeemedCharitable
Net Noncharitable Assets385756NetNoncharitableAssets
Minimum Investment Return19288MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgXSect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions40140ExpensesAndContributions
Amounts Paid Acq Charitable Assets565AmountsPaidAcqCharitableAssets
Qualifying Distributions40705QualifyingDistributions
Adj Qualifying Distributions40705AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

FieldValueIRS element (for citing)
Section4942j3XSection4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

FieldValueIRS element (for citing)
Current Year0CurrentYear
Total0Total

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Current Year40705CurrentYear
Year141851Year1
Year25687Year2
Total88243Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

FieldValueIRS element (for citing)
Current Year40705CurrentYear
Year141851Year1
Year25687Year2
Total88243Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

FieldValueIRS element (for citing)
Current Year12858CurrentYear
Year14036Year1
Year21590Year2
Total18484Total

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerDunfa XiContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

FieldValueIRS element (for citing)
Recipient Person NameJFS SCHOOLRecipientPersonName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12220 WOODBURY LNAddressLine1
CitySAN JOSECity
StateCAState
ZIP Code95111ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationship
Recipient Foundation Status501(C)RecipientFoundationStatus
Purpose Of Grant Or ContributionDONATIONPurposeOfGrantOrContribution
Amount$795Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year795TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Related Or Exempt Function Income2874RelatedOrExemptFunctionIncome

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Related Or Exempt Function Income-1036RelatedOrExemptFunctionIncome

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Related Or Exempt Function Income21RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Related Or Exempt Function Income1859RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA1859TotalPartXVIA

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 IndividualDunfa XiContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line14166 Astin Canyon CtAddressLine1
CitySan JoseCity
StateCAState
ZIP Code95121ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions234500AggregateContributions
Person Contribution TypeXPersonContributionType

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLand (3 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisBook ValueBookValueEOYFMVEOYFMVAccumulated DepreciationAccumulatedDepreciation
Land841498414984149
Buildings2325602288702325603690
Machinery and Equipment31530230213

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItem
Cost Or Other Basis565CostOrOtherBasis
Accumulated Depreciation7AccumulatedDepreciation
Book Value558BookValue
EOYFMV558EOYFMV

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

FieldValueIRS element (for citing)
Amount$845Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income845AdjustedNetIncome
Disbursements Charitable Prps845DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (9 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
Rental Expenses4152415241524152
PROGRAM EXPENSE190419041904
POSTAGE EXPENSE129129129
PENALTIES AND FINES EXP494949
OUTSIDE SERVICE EXP260002600026000
OFFICE SUPPLIES161161161
MEALS AND ENTERTAINMENT456045604560
FILING FEE353535
BANK CHARGE808080

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionOther Investment IncomeDescription
Revenue And Expenses Per Books21RevenueAndExpensesPerBooks

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionBOY Book ValueBOYBookValueEOY Book ValueEOYBookValue
Rounding1
ADVANCE FROM FOUNDER53695519

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameDunfa XiPersonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line14166 Astin Canyon CtAddressLine1
CitySan JoseCity
StateCAState
ZIP Code95121ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
Amount$1,430Amount
Adjusted Net Income1430AdjustedNetIncome
Disbursements Charitable Prps1430DisbursementsCharitablePrps

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