SUNRISE FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: SUNRISE FOUNDATION (EIN 65-1288276)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-27
IRS object ID: 201131479349100703
Schema version: 2010v3.2
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Compensation Explanation
Legal Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-27T19:12:52-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HJS AN ACCOUNTANCY CORPORATION	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3250 WILSHIRE BLVD STE 1700	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	900101607	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	651288276	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SUNRISE FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SUNR	NameControl
Phone	9053731555	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8949 BUFFALO AVE	AddressLine1
City	RNACHO CUCAMONGA	City
State	CA	State
ZIP Code	91730	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SUNNY HWANG	Name
Title	PRESIDENT	Title
Phone	9053731555	Phone
Date Signed	2011-03-31	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Date Prepared	2011-03-23	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	456803	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	300000	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	3029	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	3029	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	3029	InterestOnSavingsAdjNetIncm
Total Revenue And Expenses	303029	TotalRevenueAndExpenses
Total Net Investment Income	3029	TotalNetInvestmentIncome
Total Adjusted Net Income	3029	TotalAdjustedNetIncome
Legal Fees Rev And Expnss	50	LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps	50	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	650	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	650	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	129	TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps	129	TaxesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	829	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	829	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	169823	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	169823	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	170652	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	170652	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	132377	ExcessOfRevenueOverExpenses
Net Investment Income	3029	NetInvestmentIncome
Adjusted Net Income	3029	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	324426	CashBOY
Cash EOY	456803	CashEOY
Cash EOYFMV	456803	CashEOYFMV
Total Assets BOY	324426	TotalAssetsBOY
Total Assets EOY	456803	TotalAssetsEOY
Total Assets EOYFMV	456803	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	324426	UnrestrictedBOY
Unrestricted EOY	456803	UnrestrictedEOY
Total Net Assets BOY	324426	TotalNetAssetsBOY
Total Net Assets EOY	456803	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	324426	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	456803	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	324426	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	132377	ExcessOfRevenueOverExpenses
Subtotal	456803	Subtotal
Total Net Assets Fund Balances EOY	456803	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	102820	QualifyingDistributionsYear1
Noncharitable Assets Year1	183752	NoncharitableAssetsYear1
Distribution Ratio Year1	0.559559	DistributionRatioYear1
Total Distribution Ratio	0.559559	TotalDistributionRatio
Average Distribution Ratio	0.559559	AverageDistributionRatio
Net Noncharitable Assets	258649	NetNoncharitableAssets
Adjusted Noncharitable Assets	144729	AdjustedNoncharitableAssets
One Percent Net Investment Income	30	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	144759	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	170652	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	30	InvestmentIncomeExciseTax
Subtotal	30	Subtotal
Tax Based On Investment Income	30	TaxBasedOnInvestmentIncome
Tax Due	30	TaxDue
Amount Credited To Next Year	0	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	NewSubstantialContributors
Interest In Controlled Entity	true	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	SUNNY HWANG	BooksInCareOfPersonName
Books In Care Of Phone Number	9093731555	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	8949 BUFFALO AVE	AddressLine1
City	RANCHO CUCAMONGA	City
State	CA	State
ZIP Code	91730	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
SUNNY HWANG
8949 BUFFALO AVE	RANCHO CUCAMONGA	CA	91730	PRESIDENT	10.00	0	0	0
CHIN HEE HWANG
8949 BUFFALO AVE	RANCHO CUCAMONGA	CA	91730	SECRETARY	10.00	0	0	0
WILLY HWANG
8949 BUFFALO AVE	RANCHO CUCAMONGA	CA	91730	DIRECTOR	40.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	262588	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	262588	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	262588	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	3939	CashDeemedCharitable
Net Noncharitable Assets	258649	NetNoncharitableAssets
Minimum Investment Return	12932	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	12932	MinimumInvestmentReturn
Tax Based On Investment Income	30	TaxBasedOnInvestmentIncome
Total Tax	30	TotalTax
Distributable Amount Before Adj	12902	DistributableAmountBeforeAdj
Distributable Amount Before Ded	12902	DistributableAmountBeforeDed
Distributable Amount As Adjusted	12902	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	170652	ExpensesAndContributions
Qualifying Distributions	170652	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	30	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	170622	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	12902	DistributableAmountAsAdjusted
Excess Distri Carryover Year3	18651	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	56070	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	93731	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	168452	TotalExcessDistriCarryover
Qualifying Distributions	170652	QualifyingDistributions
Applied To Current Year	12902	AppliedToCurrentYear
Remaining Distri From Corpus	157750	RemainingDistriFromCorpus
Total Corpus	326202	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	326202	ExcessDistriCyovToNextYear
Excess From Year3	18651	ExcessFromYear3
Excess From Year2	56070	ExcessFromYear2
Excess From Year1	93731	ExcessFromYear1
Excess From Current Year	157750	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Business Name Line2RecipientBusinessName/BusinessNameLine2
KIMBO FOUNDATION
72 SANTA ANA AVE	SAN FRANCISCO	CA	94127	SCHOLARSHIP	$125,000
KAVC
690 WILSHIRE PLACE	LOS ANGELES	CA	90005	SCHOLARSHIP	$44,823	KOREAN AMERICAN VOLUNTEER CORPORATION

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	169823	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$3,029	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$3,029	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	3029	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	SUNNY DESIGNS INC	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	8949 BUFFALO AVE	AddressLine1
City	RANCHO CUCAMONGA	City
State	CA	State
ZIP Code	91730	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	300000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$650	Amount
Disbursements Charitable Prps	650	DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

SUNNY HWANG
CHIN HEE HWANG
WILLY HWANG

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	ATTORNEY GENERAL'S REGISTRY	Category
Amount	$50	Amount

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Disbursements Charitable PrpsDisbursementsCharitablePrps
FEDERAL INCOME TAX	$99	99
STATE INCOME TAX	$10	10
LICENSE	$20	20

SUNRISE FOUNDATION: Form 990PF, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Address US ContributorAddressUS

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

Comments