BETA

KAHNG FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
KAHNG FOUNDATION (EIN 74-2883492)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-14
IRS object ID
202641049349100024
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)
Return2026-04-14T11:12:12-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1575 MARKET STREET SUITE 3300AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP941055829ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742883492EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAHNG FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKAHNBusinessNameControlTxt
Phone2122423625PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 WEST AVENUE 2206AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETER KAHNGPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2122423625PhoneNum
Signature2026-04-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDIANE KIRMACIPreparerPersonNm
PTINP01578407PTIN
Phone4155761100PhoneNum
Preparation2026-04-13PreparationDt
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$62,936,244FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$156InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$156InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$203,875DividendsRevAndExpnssAmt
Dividends Net Invst Incm$203,875DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$208,768GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$208,768GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$169,180NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$2,180,280NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,190,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,180,280CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,593,079TotalRevAndExpnssAmt
Total Net Invst Incm$2,593,079TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$8,948AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,474AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$4,474AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$630OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$630OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$144,907TaxesRevAndExpnssAmt
Taxes Net Invst Incm$71,554TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$136,712DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$106,823DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$4,172OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$0OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$2,956TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$2,956TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$42,528OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$42,528OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$340,853TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$226,009TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$7,430TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,171,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,171,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,512,353TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$226,009TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$2,178,930TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$80,726ExcessRevenueOverExpensesAmt
Net Investment Income$2,367,070NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$221,064CashBOYAmt
Cash EOY$323,287CashEOYAmt
Cash EOYFMV$323,287CashEOYFMVAmt
Sav And Temp Cash Invst EOY$522,649SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$522,649SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$4,226PrepaidExpensesBOYAmt
Prepaid Expenses EOY$4,357PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$4,357PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$1,423,245CorporateStockBOYAmt
Corporate Stock EOY$1,076,409CorporateStockEOYAmt
Corporate Stock EOYFMV$58,386,670CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$3,648,122InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,215,707InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$2,539,237LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$2,432,415LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$2,432,415LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$233,999OtherInvestmentsBOYAmt
Other Investments EOY$233,999OtherInvestmentsEOYAmt
Other Investments EOYFMV$233,999OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,217,046LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$184,179LandBldgEquipAccumDeprecAmt
Land BOY$1,062,756LandBOYAmt
Land EOY$1,032,867LandEOYAmt
Land EOYFMV$1,032,867LandEOYFMVAmt
Total Assets BOY$5,484,527TotalAssetsBOYAmt
Total Assets EOY$5,625,983TotalAssetsEOYAmt
Total Assets EOYFMV$62,936,244TotalAssetsEOYFMVAmt
Accounts Payable BOY$18,294AccountsPayableBOYAmt
Accounts Payable EOY$76,470AccountsPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$1,500OtherLiabilitiesEOYAmt
Total Liabilities BOY$18,294TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,970TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$4,554,618AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$4,622,759AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$911,615RetainedEarningBOYAmt
Retained Earning EOY$925,254RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,466,233TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,548,013TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,484,527TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,625,983TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,466,233TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$80,726ExcessRevenueOverExpensesAmt
Other Increases$1,054OtherIncreasesAmt
Subtotal$5,548,013SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$5,548,013TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyLONG TERM PUBLICLY TRADED STOCKS CAPITAL GAINPropertyDesc
Gross Sales Price$2,190,000GrossSalesPriceAmt
Cost Or Other Basis$9,720CostOrOtherBasisAmt
Gain Or Loss$2,180,280GainOrLossAmt
Gains Minus Excess Or Losses$2,180,280GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,180,280CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$0NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$32,902InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$32,902SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$32,902TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$40,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$40,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$7,098OverpaymentAmt
Applied To ES Tax$7,098AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksPETER KAHNGIndividualWithBooksNm
Phone2122423625PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1301 WEST AVENUE UNIT 2206AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
PETER KAHNG
301 WEST AVENUE STE 2206AUSTINTX78701PRESIDENT15.00$0$0$0
CHOONGJA KAHNG
301 WEST AVENUE STE 2206AUSTINTX78701VICE PRESIDENT10.00$0$0$0
STEPHEN KAHNG
301 WEST AVENUE STE 2206AUSTINTX78701VICE PRESIDENT5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$47,404,648AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$512,258AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,316,769FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$51,233,675TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$51,233,675AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$768,505CashDeemedCharitableAmt
Net Vl Noncharitable Assets$50,465,170NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,523,259MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,523,259MinimumInvestmentReturnAmt
Tax Based On Investment Income$32,902TaxBasedOnInvestmentIncomeAmt
Total Tax$32,902TotalTaxAmt
Distributable Before Adj$2,490,357DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$2,490,357DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$2,490,357DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,178,930ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,178,930QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,490,357DistributableAsAdjustedAmt
Undistributed Income PY$2,170,412UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$2,178,930QualifyingDistributionsAmt
Applied To Year1$2,170,412AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,518AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$2,481,839UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ASIAN ART MUSEUM
200 LARKIN STSAN FRANCISCOCA94102NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$100,000
AUSTRALIAN AMERICAN LEADERSHIP DIALOGUE FOUNDATION
45 WEST 36TH STREET 6TH FLOORNEW YORKNY10018NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$50,000
BLANTON MUSEUM AT UT AUSTIN
200 E MARTIN LUTHER KING JR BLVDAUSTINTX78712NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$25,000STOP D1303
CARNEGIE HALL
881 SEVENTH AVENUENEW YORKNY10019NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$6,000
COMMITTEE FOR HUMAN RIGHTS IN NORTH KOREA
1801 F STREET NW SUITE 305WASHINGTONDC20006NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$50,000
COUNCIL OF KOREAN AMERICANS
1100 15TH STREET NW SUITE 400WASHINGTONDC20005NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$1,500
FRIENDS OF NEW CURATORS INC
799 9TH STREET NW STE 500WASHINGTONDC20001NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$50,000
GUGGENHEIM FOUNDATION
1071 FIFTH AVENUENEW YORKNY10128NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$1,000,000
HARVARD UNIVERSITY
124 MT AUBURN STREETCAMBRIDGEMA02138NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$150,000
KOREA MUSIC FOUNDATION
50 VILLAGE GATE WAYNYACKNY10960NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$10,000
METROPOLITAN OPERA
LINCOLN CENTERNEW YORKNY10023NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$25,000
MUSEUM OF MODERN ART
11 WEST 53RD STREETNEW YORKNY10019NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$7,000
NEW MUSEUM OF CONTEMPORARY ART
235 BOWERYNEW YORKNY10002NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$50,000
NEW YORK PHILHARMONIC
10 LINCOLN CENTER PLAZANEW YORKNY100236970NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$460,000
NYU CENTER FOR ART RESEARCH ALLIANCES
225 WEST 13TH STREETNEW YORKNY10011NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$7,500
PS1 CONTEMPORARY ART CENTER INC
22-25 JACKSON AVELONG ISLAND CITYNY11101NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$10,000
STANFORD UNIVERSITY - CANTOR ARTS CENTER
328 LOMITA DRIVESTANFORDCA943055060NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$20,000
TATE AMERICAS FOUNDATION
520 WEST 27TH STREET 404NEW YORKNY10001NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$16,500
TEXAS STATE UNIVERSITY
601 UNIVERSITY DRIVE JCK 320SAN MARCOSTX78666NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$25,000
THE INSTITUTE OF FINE ARTS AT NYU
1 EAST 78TH STREETNEW YORKNY10075NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$25,000
THE SEJONG CULTURAL SOCIETY
606 FOREST ROADGLENVIEWIL60025NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$1,000
UT AUSTIN - SCHOOL OF FINE ARTS
2301 TRINITY STREETAUSTINTX78712NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$2,000
WHITNEY MUSEUM
99 GANSEVOORT STREETNEW YORKNY10014NONEPCFOR CHARITABLE PURPOSE OF ORGANIZATION$80,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,171,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$156ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$203,875ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$169,180ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion05ExclusionCd
Exclusion$2,180,280ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$2,553,491ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,553,491TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$8,948Amt
Net Investment Income$4,474NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$4,474DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
BUILDING - WEST EDITH2013-04-16$491,467$236,237SL27.500000000000$17,872$17,872$0
BUILDING - 301 WEST AVE2019-10-18$1,067,188$168,744SL39.000000000000$27,364$0$0
IMPROVEMENTS - SHADES & LIGHT2019-10-18$31,282$17,935SL15.000000000000$2,525$0$0
IMPROVEMENTS - WEST EDITH2020-06-01$9,808$5,395SL10.000000000000$981$981$0
BUILDING - BAY ROAD CONDOS2015-07-01$2,419,184$974,076SL27.500000000000$87,970$87,970$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSCHWAB BROKERAGE ACCOUNTStockNm
EOY Book Value$1,076,409EOYBookValueAmt
EOYFMV$58,386,670EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMODO LABS INVESTMENT LLCCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$233,999BookValueAmt
EOYFMV$233,999EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (5 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
BUILDING - WEST EDITH$491,467$254,109$237,358
BUILDING - 301 WEST AVE$1,067,188$196,108$871,080
IMPROVEMENTS - SHADES & LIGHT$31,282$20,460$10,822
IMPROVEMENTS - WEST EDITH$9,808$6,376$3,432
BUILDING - BAY ROAD CONDOS$2,419,184$1,062,046$1,357,138

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
RENTAL EXPENSES$39,588$39,588$0$0
INSURANCE EXPENSES$2,940$2,940$0$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPRIOR PERIOD ADJUSTMENTDesc
Amt$1,054Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescSECURITY DEPOSITDesc
BOY Book Value$0BOYBookValueAmt
EOY Book Value$1,500EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PRFOESSIONAL FEESCategoryTxt
Amt$630Amt
Net Investment Income$630NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROPERTY TAXES$71,554$71,554$0$0
FEDERAL EXCISE TAX$73,353$0$0$0

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