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GLEICHER CHEN FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
GLEICHER CHEN FAMILY FOUNDATION (EIN 33-1286196)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-08-31
IRS object ID
202612439349100311
Schema version
2025v4.1
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

FieldValueIRS element (for citing)
Return2026-08-31T09:07:59-07:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN364587059PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Clarity Group FinancialBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line127141 Aliso Creek Rd Ste 205AddressLine1Txt
CityAliso ViejoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92656ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN331286196EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GleicherChen Family FoundationBusinessNameLine1Txt
Business Name Line2co Damon Chen TrusteeBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGLEIBusinessNameControlTxt
Phone9493947281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110161 Park Run Drive 150AddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89145ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDamon ChenPersonNm
Person TitleTrusteePersonTitleTxt
Signature2026-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJill C GriffithPreparerPersonNm
PTINP00520493PTIN
Phone9493409643PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,532,163FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,118,934ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$27InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$27InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$90,059DividendsRevAndExpnssAmt
Dividends Net Invst Incm$90,059DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$105,844NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,298,697GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$619,864CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,314,864TotalRevAndExpnssAmt
Total Net Invst Incm$709,950TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$26,310LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$26,310LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$3,025AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$3,025AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$1,500TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$1,500TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$1,559OccupancyRevAndExpnssAmt
Occupancy Dsbrs Chrtbl$1,559OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$2,547TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$2,547TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$7,374OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$7,374OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$42,315TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,374TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$34,941TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$219,130ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$219,130ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$261,445TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,374TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$254,071TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,053,419ExcessRevenueOverExpensesAmt
Net Investment Income$702,576NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,400,005SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$65,091SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$65,091SavAndTempCashInvstEOYFMVAmt
Other Investments EOY$3,467,072OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,467,072OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,400,005TotalAssetsBOYAmt
Total Assets EOY$3,532,163TotalAssetsEOYAmt
Total Assets EOYFMV$3,532,163TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,400,005NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,532,163NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,400,005TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,532,163TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,400,005TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,532,163TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,400,005TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,053,419ExcessRevenueOverExpensesAmt
Other Increases$284,255OtherIncreasesAmt
Subtotal$3,737,679SubtotalAmt
Other Decreases$205,516OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,532,163TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Fidelity TradesD2025-05-052025-07-11$1,600,000$1,027,706$572,294$572,294
Bank of America TradesP2025-06-302025-07-01$2,476,606$2,476,580$26$26
Bank of America TradesP2025-06-302025-07-01$174,075$174,547-$472-$472
Capital Gains DividendsP$48,016$48,016$48,016
FieldValueIRS element (for citing)
Capital Gain Net Income$619,864CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$9,766InvestmentIncomeExciseTaxAmt
Subtotal$9,766SubtotalAmt
Tax Based On Investment Income$9,766TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,600EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$2,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$10,100TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$392EsPenaltyAmt
Tax Due$58TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
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 Line1M Distefano CPA retiredBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7144018201PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 3865AddressLine1Txt
CityTustinCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92781ZIPCd
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
Damon Chen
16 AristotleIrvineCA92603Trustee2.00$0
Howard Gleicher
16 AristotleIrvineCA92603Trustee2.00$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$2,472,336AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$143,798AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,616,134TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,616,134AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$39,242CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,576,892NetVlNoncharitableAssetsAmt
Minimum Investment Return$128,845MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$128,845MinimumInvestmentReturnAmt
Tax Based On Investment Income$9,766TaxBasedOnInvestmentIncomeAmt
Total Tax$9,766TotalTaxAmt
Distributable Before Adj$119,079DistributableBeforeAdjAmt
Distributable Before Ded$119,079DistributableBeforeDedAmt
Distributable As Adjusted$119,079DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$254,071ExpensesAndContributionsAmt
Qualifying Distributions$254,071QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$119,079DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$97,001ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$97,001TotalExcessDistributionCyovAmt
Qualifying Distributions$254,071QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$119,079AppliedToCurrentYearAmt
Remaining Distri From Corpus$134,992RemainingDistriFromCorpusAmt
Total Corpus$231,993TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$231,993ExcessDistriCyovToNextYrAmt
Excess From Year1$97,001ExcessFromYear1Amt
Excess From Current Year$134,992ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDamon ChenContributingManagerNm
Contributing ManagerHoward GleicherContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Radiant Health Centers
17982 Skypark Circle JIrvineCA92614nonePCQualifying Charitable Distribution$100,000
City Year Inc
606 S Olive StreetLos AngelesCA90014nonePCQualifying Charitable Distribution$5,000
Segerstrom Center
600 Town Center DriveCosta MesaCA92626nonePCQualifying Charitable Distribution$5,000
Center Theater Group
601 W Temple SteetLos AngelesCA90012nonePCQualifying Charitable Distribution$8,000
Chabad Center for Jewish Life
2240 University DriveNewport BeachCA92660nonePCQualifying Charitable Distribution$35,000
Kaleidoscope Child Foundation
2470 Pine Cove DriveTuckerGA30084nonePCQualifying Charitable Distribution$5,000
Apla Health
611 S Kingsley DriveLos AngelesCA90005nonePCQualifying Charitable Distribution$25,000
Crohns Colitis Foundation
733 Third AvenueNew YorkNY10017nonePCQualifying Charitable Distribution$1,000
Simon Wiesenthal Center
1399 S Roxbury DriveLos AngelesCA90035nonePCQualifying Charitable Distribution$6,000
Jewish Federation of OC
1 Federation WayIrvineCA92603nonePCQualifying Charitable Distribution$1,750
Neuroendocrine Tumor Research Fndn
100 Hancock StreetQuincyMA02171nonePCQualifying Charitable Distribution$880
Skirball Cultural Center
2701 N Sepulveda BlvdLos AngelesCA90049nonePCQualifying Charitable Distribution$25,000
Irvine Barclay Theater
4199 Campus DriveIrvineCA92612nonePCQualifying Charitable Distribution$500
American Film Institute
2021 N Western AvenueLos AngelesCA90027nonePCQualifying Charitable Distribution$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$219,130TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$27ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$90,059ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$105,844ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$195,930ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$195,930TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHoward Gleicher and Damon ChenContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line116 AristotleAddressLine1Txt
CityIrvineCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92603ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,118,934TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property49,710 SHS AIQQX; 72,310 SHS AIFFXNoncashPropertyDesc
Fair Market Value$2,118,934FairMarketValueAmt
Received2025-05-05ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccountingCategoryTxt
Amt$3,025Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$3,025DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
Bank of AmericaAT COST$2,429,846$2,429,846
FidelityAT COST$1,037,226$1,037,226

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegalCategoryTxt
Legal Fees$26,310LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$26,310DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescDeferred GainsDesc
Amt$205,516Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescAsset Mgmt FeesDesc
Revenue And Expenses Per Books$7,374RevenueAndExpensesPerBooksAmt
Net Investment Income$7,374NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal TaxesCategoryTxt
Amt$1,500Amt
Disbursements Charitable Prps$1,500DisbursementsCharitablePrpsAmt

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