E & M FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- E & M FOUNDATION INC (EIN 76-0509216)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-10-07
- IRS object ID
- 201442809349100004
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-07T09:24:23-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHIEH LEE & COMPANY | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9889 BELLAIRE BLVD STE 127 | AddressLine1 |
| City | HOUSTON | City |
| State | TX | State |
| ZIP Code | 770363467 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760509216 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | E & M FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | E&MF | BusinessNameControlTxt |
| Phone | 7139549507 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 772866 | AddressLine1 |
| City | HOUSTON | City |
| State | TX | State |
| ZIP Code | 77215 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMILY WANG | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7139549507 | PhoneNum |
| Signature | 2014-10-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VERA LEE | PreparerPersonNm |
| Phone | 7139549507 | PhoneNum |
| Preparation | 2014-10-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,080,217 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $653,924 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,173 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,173 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,173 | InterestOnSavingsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $655,097 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,173 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,173 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $930 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $930 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $930 | AccountingFeesChrtblPrpsAmt |
| Tot Opr Expenses Rev And Expnss | $930 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $930 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $930 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $45,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $45,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $45,930 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $930 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $45,930 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $609,167 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,173 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $243 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,695 | CashBOYAmt |
| Cash EOY | $4,938 | CashEOYAmt |
| Cash EOYFMV | $4,938 | CashEOYFMVAmt |
| Corporate Stock BOY | $335,196 | CorporateStockBOYAmt |
| Corporate Stock EOY | $943,120 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,075,279 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $338,891 | TotalAssetsBOYAmt |
| Total Assets EOY | $948,058 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,080,217 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Additional Paid In Capital BOY | $338,891 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $948,058 | AdditionalPaidInCapitalEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $338,891 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $948,058 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $338,891 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $948,058 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $338,891 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $609,167 | ExcessRevenueOverExpensesAmt |
| Subtotal | $948,058 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $948,058 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $40,100 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $290,599 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.137991 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $11,600 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $175,859 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.065962 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $7,300 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $94,123 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.077558 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $7,300 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $108,723 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.067143 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $10,105 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $327,121 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.030891 | DistributionYr5Rt |
| Total Distribution | 0.379545 | TotalDistributionRt |
| Average Distribution | 0.075909 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $400,308 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $30,387 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $30,399 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $45,930 | 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 | $12 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12 | SubtotalAmt |
| Tax Based On Investment Income | $12 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Tax Due | $12 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
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 |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | false | 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 |
| Individual With Books | EMILY WANG | IndividualWithBooksNm |
| Phone | 7139549507 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 772866 | AddressLine1 |
| City | HOUSTON | City |
| State | TX | State |
| ZIP Code | 77215 | 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 |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| EMILY WANG | ||||||||
| PO BOX 772866 | HOUSTON | TX | 77215 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| MING WANG | ||||||||
| PO BOX 772866 | HOUSTON | TX | 77215 | DIRECTOR | 3.00 | $0 | $0 | $0 |
| GRACE SHIEH | ||||||||
| 9889 BELLAIRE 127 | HOUSTO | TX | 77036 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $400,823 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,581 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $406,404 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $406,404 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,096 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $400,308 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $20,015 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $20,015 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12 | TotalTaxAmt |
| Distributable Before Adj | $20,003 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $20,003 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $20,003 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $45,930 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $45,930 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $12 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $45,918 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $20,003 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $6,235 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,594 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,807 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $40,100 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $51,736 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $45,930 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $45,930 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $20,003 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $20,003 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $77,663 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $77,663 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $31,733 | ExcessFromYear1Amt |
| Excess From Current Year | $45,930 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| NAU CENTER FOR TX CULTURAL HERITAGE | ||||||
| PO BOX 3404 | HOUSTON | TX | 77253 | EXEMPT ORG | DONATION | $5,000 |
| UNIVERSITY OF ST THOMAS | ||||||
| 3800 MONTROSE BLVD | HOUSTON | TX | 77006 | EXEMPT ORG | DONATION | $5,000 |
| BUDDHIST TZU CHI FOUNDATION | ||||||
| 6200 CORPORATE DR | HOUSTON | TX | 77036 | EXEMPT ORGEXEMPT ORG | DONATION | $34,000 |
| CHINESE COMMUNITY CULTURE CENTER | ||||||
| 9800 TOWN PARK | HOUSTON | TX | 77036 | EXEMPT ORG | DONATION | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $45,000 | TotalGrantOrContriPdDurYrAmt |
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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)
| DescDesc |
|---|
| NONE |
| NONE |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INITIAL (9407x 1.5) SHARES | $99,996 | $213,069 |
| METRO ADDITIONAL (10000 X1.5) SHARE IN 9-16-06FMV$23.52 | $235,200 | $226,500 |
| 42100 SHARES MCBI STOCKS (FMV at 11/27/13) $14.44 | $607,924 | $635,710 |
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