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LANG & SUN FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LANG & SUN FAMILY FOUNDATION (EIN 45-4084644)
Tax period
2024-12-01 to 2025-11-30
Filed
2026-02-10
IRS object ID
202620419349100422
Schema version
2024v5.2
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)
Return2026-02-10T17:43:39-08:00ReturnTs
Tax Period End2025-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263000418PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ABEST TAX SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11621A S MAIN STAddressLine1Txt
CityMILPITASCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95035ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454084644EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LANG & SUN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLANGBusinessNameControlTxt
Phone4084823371PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121950 LINDY LNAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGRACE SUNPersonNm
Person TitleSecretary & CFOPersonTitleTxt
Signature2026-02-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHUANG MAOPreparerPersonNm
PTINP00660082PTIN
Phone4083929977PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$762,078FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$4,385DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,385DividendsNetInvstIncmAmt
Dividends Adj Net Incm$4,385DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$359,756NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$526,246GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$359,756CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$359,756NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$367,141TotalRevAndExpnssAmt
Total Net Invst Incm$364,141TotalNetInvstIncmAmt
Total Adj Net Incm$364,141TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,259AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,259AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$1,451DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$8,249OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$8,249OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$10,959TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,508TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,060ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,060ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$18,019TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,568TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$349,122ExcessRevenueOverExpensesAmt
Net Investment Income$364,141NetInvestmentIncomeAmt
Adjusted Net Income$364,141AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$8,362CashBOYAmt
Cash EOY$6,615CashEOYAmt
Cash EOYFMV$6,615CashEOYFMVAmt
Corporate Stock BOY$114,190CorporateStockBOYAmt
Corporate Stock EOY$615,983CorporateStockEOYAmt
Corporate Stock EOYFMV$754,613CorporateStockEOYFMVAmt
Other Investments BOY$152,121OtherInvestmentsBOYAmt
Land Bldg Equip Cost Or Other Bss$8,948LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,217LandBldgEquipAccumDeprecAmt
Land BOY$1,168LandBOYAmt
Land EOY$1,731LandEOYAmt
Land EOYFMV$850LandEOYFMVAmt
Total Assets BOY$275,841TotalAssetsBOYAmt
Total Assets EOY$624,329TotalAssetsEOYAmt
Total Assets EOYFMV$762,078TotalAssetsEOYFMVAmt
Other Liabilities BOY$6,098OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,464OtherLiabilitiesEOYAmt
Total Liabilities BOY$6,098TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,464TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$269,743RetainedEarningBOYAmt
Retained Earning EOY$618,865RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$269,743TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$618,865TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$275,841TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$624,329TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$269,743TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$349,122ExcessRevenueOverExpensesAmt
Subtotal$618,865SubtotalAmt
Tot Net Ast Or Fund Balances EOY$618,865TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Fidelity - 6159P2024-12-012024-12-01$24,368$14,369$9,999$9,999
Jackson National Life Insurance-InvestmeP2024-12-012024-12-01$501,878$152,121$349,757$349,757
FieldValueIRS element (for citing)
Capital Gain Net Income$359,756CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$359,756NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,062InvestmentIncomeExciseTaxAmt
Subtotal$5,062SubtotalAmt
Tax Based On Investment Income$5,062TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$6TotalPaymentsAndCreditsAmt
Tax Due$5,056TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
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 Line1GRACE SUNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4084823371PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121950 LINDY LNAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd
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
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
CHI-I LANG
21950 LINDY LNCUPERTINOCA95014President & CEO2.00$0
GRACE SUN
21950 LINDY LNCUPERTINOCA95014Secretary & CFO2.00$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$626,421AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$43,646AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$670,067TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$670,067AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,051CashDeemedCharitableAmt
Net Vl Noncharitable Assets$660,016NetVlNoncharitableAssetsAmt
Minimum Investment Return$33,001MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$33,001MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,062TaxBasedOnInvestmentIncomeAmt
Total Tax$5,062TotalTaxAmt
Distributable Before Adj$27,939DistributableBeforeAdjAmt
Distributable Before Ded$27,939DistributableBeforeDedAmt
Distributable As Adjusted$27,939DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,568ExpensesAndContributionsAmt
Charitable Assets Acquis Paid$2,014CharitableAssetsAcquisPaidAmt
Qualifying Distributions$18,582QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$27,939DistributableAsAdjustedAmt
Undistributed Income PY$377UndistributedIncomePYAmt
Qualifying Distributions$18,582QualifyingDistributionsAmt
Applied To Year1$377AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$18,205AppliedToCurrentYearAmt
Undistributed Income CY$9,734UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHI-I LANGContributingManagerNm
Contributing ManagerGRACE SUNContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Friendship Agape Church
5150 Camden AveSan JoseCA95124DonationPCAs evangelical Christians, we are affiliated with the Christian Reformed Church denomination. Based in San Jose, California, we serve our local community with English and Mandarin Chinese programs for individuals, couples and families.$2,000
River of Life Christian Church
1177 Laurelwood RdSanta ClaraCA95054DonationPCTo build a glorious church through praise & worship, Holy Spirit renewal, cell church and glocal impact.$4,000
Double Portion Media
1177 Laurelwood RoadSanta ClaraCA95054DonationPCTo bring positive influence in the Chinese community with quality programs via radio, TV and other media platforms.$1,060
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,060TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,385RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$359,756RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$364,141RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$364,141TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$1,259Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,259DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmt
APPLE2024-07-24$686$229200DB0.4445$305
APPLE2024-08-20$1,067$356200DB0.4445$474
APPLE2025-05-12$974200DB0.3333$325
APPLE2025-08-25$821200DB0.3333$274
COMPUTER EQUIPMENT2025-05-05$219200DB0.3333$73

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFidelity-6159StockNm
EOY Book Value$615,983EOYBookValueAmt
EOYFMV$754,613EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemMachinery and EquipmentCategoryOrItemTxt
Cost Or Other Basis$8,948CostOrOtherBasisAmt
Accumulated Depreciation$7,217AccumulatedDepreciationAmt
Book Value$1,731BookValueAmt
EOYFMV$850EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Service Charges$83$83
Filing Fees$25$25
Fraud Expense$6,881$6,881
Office Supplies$1,260$1,260

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCredit CardsDesc
BOY Book Value$1,000BOYBookValueAmt
EOY Book Value$366EOYBookValueAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonCHI-I LANG GRACE SUNPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line121950 LINDY LNAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd

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