CHI FAMILY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
CHI FAMILY FOUNDATION INC (EIN 46-4168073)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-22
IRS object ID
202631129349100708
Schema version
2025v4.0
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)
Return2026-04-22T10:06:30-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KIM LEE CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1663 GRAND AVE STE 3AddressLine1Txt
CityRIDGEFIELDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP076571521ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464168073EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHI FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHIFBusinessNameControlTxt
Phone6095196519PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O 265 INDIES WAY 902AddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYOUNGSUK CHIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6095196519PhoneNum
Signature2026-04-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYONG BAE KIMPreparerPersonNm
PTINP00738702PTIN
Phone2014612727PhoneNum
Preparation2026-04-22PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,868,883FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$148,718DividendsRevAndExpnssAmt
Dividends Net Invst Incm$148,718DividendsNetInvstIncmAmt
Total Rev And Expnss$148,718TotalRevAndExpnssAmt
Total Net Invst Incm$148,718TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,800AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$2,462TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$232OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$5,494TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$478,508ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$478,508ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$484,002TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$478,508TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$335,284ExcessRevenueOverExpensesAmt
Net Investment Income$148,718NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$415,899CashBOYAmt
Cash EOY$509,004CashEOYAmt
Cash EOYFMV$509,004CashEOYFMVAmt
Corporate Stock BOY$2,883,091CorporateStockBOYAmt
Corporate Stock EOY$2,634,626CorporateStockEOYAmt
Corporate Stock EOYFMV$7,359,879CorporateStockEOYFMVAmt
Total Assets BOY$3,298,990TotalAssetsBOYAmt
Total Assets EOY$3,143,630TotalAssetsEOYAmt
Total Assets EOYFMV$7,868,883TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,298,990NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,143,630NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,298,990TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,143,630TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,298,990TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,143,630TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,298,990TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$335,284ExcessRevenueOverExpensesAmt
Other Increases$179,924OtherIncreasesAmt
Subtotal$3,143,630SubtotalAmt
Tot Net Ast Or Fund Balances EOY$3,143,630TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,067InvestmentIncomeExciseTaxAmt
Subtotal$2,067SubtotalAmt
Tax Based On Investment Income$2,067TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,856EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,856TotalPaymentsAndCreditsAmt
Overpayment$1,789OverpaymentAmt
Applied To ES Tax$1,789AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
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
Individual With BooksYOUNGSUK CHIIndividualWithBooksNm
Phone6095196519PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1265 INDIES WAY 902AddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34110ZIPCd
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
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
YOUNGSUK CHI
265 INDIES WAY 902NAPLESFL34110PRESIDENT1.00$0$0$0
SUNGEUN KIM CHI
265 INDIES WAY 902NAPLESFL34110VICE-PRESIDE1.00$0$0$0
EUNJEONG KIM CHI
127 WILSON ROADPRINCETONNJ08540DIRECTOR1.00$0$0$0
SOOJEONG SOPHIA CHI
87 ESSEX AVEMONTCLAIRNJ07042DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$8,566,220AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$452,440AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,018,660TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,018,660AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$135,280CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,883,380NetVlNoncharitableAssetsAmt
Minimum Investment Return$444,169MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$444,169MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,067TaxBasedOnInvestmentIncomeAmt
Total Tax$2,067TotalTaxAmt
Distributable Before Adj$442,102DistributableBeforeAdjAmt
Distributable Before Ded$442,102DistributableBeforeDedAmt
Distributable As Adjusted$442,102DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$478,508ExpensesAndContributionsAmt
Qualifying Distributions$478,508QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$442,102DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$339,163ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$103,240ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$385ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$109,062ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$38,214ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$590,064TotalExcessDistributionCyovAmt
Qualifying Distributions$478,508QualifyingDistributionsAmt
Applied To Current Year$442,102AppliedToCurrentYearAmt
Remaining Distri From Corpus$36,406RemainingDistriFromCorpusAmt
Total Corpus$626,470TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$339,163ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$287,307ExcessDistriCyovToNextYrAmt
Excess From Year4$103,240ExcessFromYear4Amt
Excess From Year3$385ExcessFromYear3Amt
Excess From Year2$109,062ExcessFromYear2Amt
Excess From Year1$38,214ExcessFromYear1Amt
Excess From Current Year$36,406ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerYOUNGSUK CHIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2TxtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCd
PHILIPPINES HUMANITARIAN
124 S 400 E SUITE 400SALT LAKE CITYUT84111PCGENERAL PURPOSE$20,050
LAWRENCEVILLE SCHOOL
2500 MAIN STLAWRENCEVILLENJ08648PCGENERAL PURPOSE$1,200
BAN KIMOON FOUNDATION USA
112 EAST 71ST STREETNEW YORKNY10021PCGENERAL PURPOSE$49,030APT 2A
PRINCETON UNIVERSITY
100 OVERLOOK CENTERPRINCETONNJ08540PCGENERAL PURPOSE$279,675
FRIENDS OF U OF SURREY USA
1350 AVE OF THE AMERICANEW YORKNY10019PCGENERAL PURPOSE$99,684FL 2 SUITE 266
625 FOUNDATION
C/O 157 ROUTE 315RUPERTVT05768PCGENERAL PURPOSE$20,000
ASIAN AMERICAN ALUMNI ASSOCIATION O
PRINCETON UNIVERSITYPRINCETONNJ08540PCGENERAL PURPOSE$5,000
PRINCETON CLUB OF SW FLORIDA
PRINCETON UNIVERSITYPRINCETONNJ08540PCGENERAL PURPOSE$120
PHARE PONLEU SELPAK
PCGENERAL PURPOSE$1,000PO BOX 316BATTAMBANGBATTAMBANGCB
CHAPIN SCHOOL
4101 PRINCETON PIKEPRINCETONNJ08540PCGENERAL PURPOSE$1,931
KOREAN AMERICAN COMMUNITY FOUNDATIO
135 E 64TH STNEW YORKNY10065PCGENERAL PURPOSE$818
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$478,508TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$148,718RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$148,718RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$148,718TotalIncomeProducingActyAmt

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 FEECategoryTxt
Amt$2,800Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
INTEL CORP$11,648$17,565
LVMH MOET HENNESSY LOUIS$57,852$93,502
COCA-COLA CO COM$89,595$159,744
WALT DISNEY CO
MICROSOFT CORP$186,100$2,418,100
RELX PLC SPON ADR$240,350$383,990
ENERGY SECTOR SPDR TRUST$307,510$312,970
RELX NV SPON ADR$336,342$901,690
RELX NV EUR$395,345$737,659
RELX PLC SPON ADR$1,009,884$2,334,659

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE CHARGES$87
DUES AND SUBSCRIPTIONS$25
MISCELLANEOUS$120

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescSTOCK DONATION BOOK TAX DIFFDesc
Amt$179,924Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt
Amt$2,462Amt

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