J & S FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
J & S FAMILY FOUNDATION (EIN 26-1363311)
Tax period
2011-10-01 to 2012-09-30
Filed
2013-01-21
IRS object ID
201300219349100100
Schema version
2011v1.5
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)
Timestamp2013-01-21T09:07:05-08:00Timestamp
Tax Period End Date2012-09-30TaxPeriodEndDate

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 Date2011-10-01TaxPeriodBeginDate

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 Signed2013-01-21DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSHUANG MAOName
Phone4083929977Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY979639FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss270000ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss541InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm541InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm541InterestOnSavingsAdjNetIncm
Gross Rents Rev And Expnss26400GrossRentsRevAndExpnss
Gross Rents Net Invst Incm26400GrossRentsNetInvstIncm
Gross Rents Adj Net Incm26400GrossRentsAdjNetIncm
Net Rental Income Or Loss13554NetRentalIncomeOrLoss
Total Revenue And Expenses296941TotalRevenueAndExpenses
Total Net Investment Income26941TotalNetInvestmentIncome
Total Adjusted Net Income26941TotalAdjustedNetIncome
Accounting Fees Rev And Expnss775AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps775AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss7016TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps7016TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss14108DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm7000DeprecAndDepletionNetInvstIncm
Trav Conf Meeting Rev And Expnss792TravConfMeetingRevAndExpnss
Trav Conf Meeting Dsbrs Chrtbl Prps792TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss14570OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm5846OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps14570OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss37261TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm12846TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps23153TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss70ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps70ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss37331TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm12846TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps23223TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses259610ExcessOfRevenueOverExpenses
Net Investment Income14095NetInvestmentIncome
Adjusted Net Income26941AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY21438CashBOY
Cash EOY294357CashEOY
Cash EOYFMV294357CashEOYFMV
Land Building And Equipment Basis742274LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip40221AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY715362LandBuildingAndEquipmentBOY
Land Building And Equipment EOY702053LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV685282LandBuildingAndEquipmentEOYFMV
Total Assets BOY736800TotalAssetsBOY
Total Assets EOY996410TotalAssetsEOY
Total Assets EOYFMV979639TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY755670CapitalStockBOY
Capital Stock EOY1025670CapitalStockEOY
Retained Earnings BOY-18870RetainedEarningsBOY
Retained Earnings EOY-29260RetainedEarningsEOY
Total Net Assets BOY736800TotalNetAssetsBOY
Total Net Assets EOY996410TotalNetAssetsEOY
Total Liabilities Net Assets BOY736800TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY996410TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY736800TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses259610ExcessOfRevenueOverExpenses
Subtotal996410Subtotal
Total Net Assets Fund Balances EOY996410TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax282InvestmentIncomeExciseTax
Subtotal282Subtotal
Tax Based On Investment Income282TaxBasedOnInvestmentIncome
Tax Due282TaxDue

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 Balances245228AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets245228TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets245228AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable3678CashDeemedCharitable
Net Noncharitable Assets241550NetNoncharitableAssets
Minimum Investment Return12078MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return12078MinimumInvestmentReturn
Tax Based On Investment Income282TaxBasedOnInvestmentIncome
Total Tax282TotalTax
Distributable Amount Before Adj11796DistributableAmountBeforeAdj
Distributable Amount Before Ded11796DistributableAmountBeforeDed
Distributable Amount As Adjusted11796DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions23223ExpensesAndContributions
Amounts Paid Acq Charitable Assets800AmountsPaidAcqCharitableAssets
Qualifying Distributions24023QualifyingDistributions
Adj Qualifying Distributions24023AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted11796DistributableAmountAsAdjusted
Excess Distri Carryover Year22698ExcessDistriCarryoverYear2
Excess Distri Carryover Year1708510ExcessDistriCarryoverYear1
Total Excess Distri Carryover711208TotalExcessDistriCarryover
Qualifying Distributions24023QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year11796AppliedToCurrentYear
Remaining Distri From Corpus12227RemainingDistriFromCorpus
Total Corpus723435TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year723435ExcessDistriCyovToNextYear
Excess From Year22698ExcessFromYear2
Excess From Year1708510ExcessFromYear1
Excess From Current Year12227ExcessFromCurrentYear

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$70Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year70TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code1ExclusionCode
Exclusion$541ExclusionAmount

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business Code531390BusinessCode
Unrelated Business Income$13,554UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$13,554UnrelatedBusinessIncomeAmount
Exclusion$541ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA14095TotalPartXVIA

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 Contributions270000AggregateContributions
Person Contribution TypeXPersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryPREPARE TAX RETURNCategory
Amount$775Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps775DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (6 entries)

Description Of PropertyDescriptionOfPropertyDate AcquiredDateAcquiredCost Or Other BasisCostOrOtherBasisComputation MethodComputationMethodRateRateCurrent Year ExpenseCurrentYearExpenseNet Investment IncomeNetInvestmentIncomePrior Years DepreciationPriorYearsDepreciation
WATER HEATER2012-01-13800530.2000160160
WASHER2011-06-03704530.3200225225141
BUILDING2010-10-12181929850.0364661566156340
CHAIR2010-01-13328570.174957127
AUTO2009-12-0236107550.1920693318775
COMPUTER2008-12-021025530.1152118730

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (5 entries)

Category Or ItemCategoryOrItemCost Or Other BasisCostOrOtherBasisBook ValueBookValueEOYFMVEOYFMVAccumulated DepreciationAccumulatedDepreciation
Land521382521382521382
Buildings18192916897415500012955
Machinery and Equipment252911558001374
Furniture and Fixtures328144100184
Auto./Transportation Equip.3610610398800025708

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (11 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrpsNet Investment IncomeNetInvestmentIncome
TRANSPORTATION EXPENSES200200
SCHOOL CHESS PROGRAM68346834
Rental Expenses584658465846
POSTAGE EXPENSE2222
PENALTY EXPENSE1414
OFFICE SUPPLIES272272
MEALS AND ENTERTAINMENT9999
FILING FEE6060
EVENT EXPENSE870870
BANK SERVICE CHARGE1010
AUTO EXPENSE343343

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

FieldValueIRS element (for citing)
Person NameQINGPING ZHENG AND LILI LIPersonName

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$4,4614461
INCOME TAX - FTB$2,5552555

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