efile Public Visual Render
ObjectId: 202121269349103252 - Submission: 2021-05-06
TIN: 02-0718525
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
KOOK MIN HUR FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
1506 ONIPAA STREET
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU
,
HI
96819
A Employer identification number
02-0718525
B
Telephone number (see instructions)
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
564,337
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
3,462
3,462
4
Dividends and interest from securities
...
9,836
9,836
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
22,987
b
Gross sales price for all assets on line 6a
234,120
7
Capital gain net income (from Part IV, line 2)
...
22,987
8
Net short-term capital gain
.........
104
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
36,285
36,285
104
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
1,466
c
Other professional fees (attach schedule)
....
7,547
7,547
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
146
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
9,159
7,547
0
25
Contributions, gifts, grants paid
.......
26,000
0
26
Total expenses and disbursements.
Add lines 24 and 25
35,159
7,547
0
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
1,126
b
Net investment income
(if negative, enter -0-)
28,738
c
Adjusted net income
(if negative, enter -0-)
...
104
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2020)
Page 2
Form 990-PF (2020)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
481,896
483,022
564,337
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
481,896
483,022
564,337
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
481,896
483,022
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
481,896
483,022
30
Total liabilities and net assets/fund balances
(see instructions)
.
481,896
483,022
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
481,896
2
Enter amount from Part I, line 27a
.....................
2
1,126
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
483,022
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
483,022
Form
990-PF
(2020)
Page 3
Form 990-PF (2020)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
BORING CO
P
2019-07-31
2020-01-16
b
QUALCOM INC
P
2019-09-24
2020-09-10
c
US TSY
P
2020-01-16
2020-02-14
d
US TSY
P
2020-03-12
2020-04-01
e
KEYCORP
P
2020-05-21
2020-08-17
ARES MGMT CORP
P
ALLSTATE CORP
P
2020-01-13
AGREE RLTY CORP
P
2020-07-27
2020-12-24
AON PLC
P
2020-04-30
APARTMENT INVT
P
2020-12-16
ALEXANDRIA REAL EST
P
2020-07-27
AMETEK INC
P
2020-01-13
ACADIA REALTY
P
2020-07-27
AGILENT TECHNOLOGY
P
2020-01-13
APTIV PLC
P
2020-10-12
AMERICAN INTERNATIONAL
P
2020-01-08
2020-03-20
AMERICAN TOWER REIT
P
2020-10-01
AMERICAN HOMES 4 RENT
P
2019-01-19
2020-07-27
ARAMARK
2019-02-21
2020-01-13
ACCOR SAATHENE HLDG
P
2020-09-21
2020-11-11
ACS ACTIVIDADES CONS
P
2020-11-04
ANALOG DEVICES INC
P
2020-06-26
APTARGROUP
P
2020-01-14
BAKER HUGHES CO
P
2020-01-13
BLACKSTONE GROUP
P
2020-12-14
BRINKS CO
P
2019-02-21
2020-01-15
BASF SE
P
2019-07-23
2020-03-11
BOOZ ALLEN HAMILTON
P
2020-01-13
BRIXMOR PPTY
P
2020-07-27
BANK OF N T BUTTERFIELD
P
2020-01-16
BOEING CO
P
BROWN FORMAN CORP
P
2020-01-13
2020-09-25
COUSINS PROPERTIES INC
P
2020-07-27
VIACOMBCBS
P
CONSTELLIUM SE
P
2020-01-15
CITRIX SYSTEMS
P
2020-01-13
2020-07-02
CORP OFFICE PPTYS
P
2019-08-14
2020-07-27
CONSTELLATIONS BRANDS
P
2020-01-13
CHEVRON CORP
P
2020-04-23
CENTENE CORP
P
2020-01-13
CUBESMART
P
2020-05-05
CYRUSONE INC
P
CARETR REIT
P
CROWN CASTLE
P
CHUBB
P
CINTAS CORP
P
2020-01-13
2020-09-25
DELTA AIR
P
2019-10-23
2020-03-24
DOLLAR GENERAL
P
2020-01-13
DISNEY CO
P
EVERGY INC
P
2020-01-13
CAESAR ENTERTAIN
P
2020-07-27
2020-09-24
ENTEGRIS INC MINN
P
EXTRA SPACE STORAGE
P
EQTY LIFESTYLS PPTY
P
2019-12-05
2020-07-27
EQT CORP
P
2020-02-12
ESSENT GROUP
P
2020-01-14
EQUINIX INC
P
2020-02-14
2020-12-29
FMC CORP
P
2019-09-11
2020-01-13
FIRST INCL REALTY
P
FEDERAL REALTY INVES
P
2020-07-27
FISERV INC
P
2020-01-13
GRAND CANYON ED
P
GENERAL MOTORS
P
HD SUPPLY HLDGS
P
2020-12-16
HSBC HLDG
P
2020-06-05
HUDSPM PAC
P
2020-07-27
2020-08-27
HUBBELL INC
P
2019-11-04
2020-01-13
HILTON WORLDWIDE
P
2020-07-27
2020-08-05
INTUITIVE SURGICAL
P
2020-04-23
2020-09-21
INDEPENDENCE RLTY TR
P
2020-07-27
IRON MOUNTAIN
P
JETBLUE AIRWAYS
P
JAPAN AIRLINES CO LTD
P
2020-06-18
KILROY REALTY
P
ROYAL DSM N V SPON
P
KIMCO REALTY CORP
P
LAM RESEARCH
P
LLOYDS BANKRING
P
2019-09-18
2020-03-19
LYONDELLBASELL INDUS
P
2020-01-13
LONDON STK EXCH
P
2020-03-27
2020-12-01
LIFE STORAGE INC
P
2020-07-27
LAUREATE ED
P
MERCK
P
2020-02-21
2020-09-21
MAXIMUS INC
P
2020-01-14
MEDICAL PPTYS TR
P
MONDELEX INTERNATIONAL
P
MOELIS AND CO
P
2020-01-13
2020-09-21
MGIX INVT CORP
P
2020-01-14
NASDAQ OMX
P
2019-03-25
2020-01-14
NOXOZMES AN
P
NEXSTARY MEDIA GRP
P
2019-08-20
2020-01-14
NATIONAL RETAQIL PPTYS
P
2019-08-14
2020-07-27
NUTIENS LTD
P
2019-09-18
2020-07-29
OLD DOMINION FGHT
P
OSHKOSH
P
2019-10-28
2020-01-13
PROSUS N V
P
2020-05-07
PUBLIC STORAGE
P
PIONEER NATURAL RES
P
2020-01-13
TRICE T ROWE
P
PACWEST BANKCORP
P
2020-01-13
PEBBLEBROOK HOTEL TR
P
2020-07-27
PERRIGO CO PLC
P
PFIZER INC
P
2019-11-22
2020-08-11
RWE AG SPON
P
2019-08-05
2020-01-31
RADIAN GROUP
P
2019-10-28
2020-01-14
ROYAL DUTCH SHELL PLC
P
2020-02-21
RECKITT BENCKISER
P
2019-11-27
2020-10-22
REXFORD INDL
P
2020-07-27
RINGCENTRALS
P
2019-10-07
2020-01-13
ROLLS ROYCE GRP
P
2020-04-08
SPIRIT REALTY CAP
P
2020-06-18
2020-12-21
SIEMENS HELTHINEERS
P
2019-09-18
2020-08-25
EQUINOR ASA
P
SUN COMMTYS INC
P
SCHEIN INC
P
2020-03-26
2020-07-24
SOLARWINDS CORP
P
SALESFORCE COM
P
SVB FINL GRP
P
POOL CORPORATION
P
2019-02-25
2020-01-13
SHISEIDO LTD
P
2020-03-10
2020-08-13
SERVICEMASETER GLOBAL
P
SABRE CORP
P
2020-03-18
STORE CAP CORP
P
2020-05-04
SERITAGE GRWTH
P
WELLTOWER INC
P
WILLSCOT CORP
P
2020-01-14
TCF FINL
P
TOTAL S A
P
TAIWEAN MANUFCTRING ADR
P
TIMKEN CO
P
VIATRIS INC
P
2020-11-24
UNITEDHEALTH GROUP
P
UDR INC
P
2020-03-25
VERIZON COMM
P
VIRTU FINL INC
P
VEREIT INC
P
VISTRA ENERGY CORP
P
W P CAREY INC
P
2020-07-27
2020-12-29
WORKDAY INC
P
WHIRLPOOL
P
WELLS FARGO
P
2020-06-19
WPC ENERGY INC
P
2020-01-13
WEST PHARM SVC
P
2019-01-23
2020-01-13
ALTHENE HLDG
P
2019-10-29
2020-01-14
SIEMANS AG
P
2020-11-25
2020-11-25
AT&T
P
2016-02-09
2020-09-10
AMGEN INC
P
2018-09-19
2020-12-01
ANHEUSER BUSCH
P
2018-11-01
2020-09-22
COMCAST CORP
P
2017-02-01
2020-12-01
EQT CORP
P
2018-06-07
2020-02-04
JPMORGAN CHASE
P
2017-07-21
2020-12-01
MCKESSON CORP
P
2018-02-08
2020-12-01
STARBUCKS CORP
P
2018-10-03
2020-10-08
WESTPAC BANKING
P
2017-06-22
2020-06-18
USD ROYAL BK CANA
P
2015-04-08
2020-02-24
US TSY
P
2016-06-14
2020-06-22
US TSY
P
2015-04-08
2020-06-22
ALLSTATE CORP
P
2020-01-13
ALCON SA
P
2020-01-03
AON PLC
P
AXA SPONS
P
2020-02-28
AMAZON COM
P
2016-08-17
2020-07-07
AMEREN CORP
P
2020-01-13
ACADIA REALTY
P
AVALONBAY CMMUN
P
ALLIANCE DATA SYS
P
2020-01-13
AMERICAN INTERNATIONAL
P
AMERICOLD RLTY
P
AMERICAN ASSETS TR
P
2020-07-27
PROLOGIX INC
P
AIA GROUP
P
2017-03-15
2020-05-27
AON PLC
P
2016-09-21
2020-02-13
ASML HLDG NV
P
2019-03-25
2020-04-30
AMERICAN HOME 4 RENT
P
2020-07-27
ALLEGION PLC
P
2018-08-16
2020-01-13
ARAMARK SHS
P
2020-01-13
ALIBABA GROUP
P
ACCOR SA
P
2020-11-11
ALPHABET INC
P
2016-08-17
2020-09-21
ALPHABET INC
P
2016-08-17
2020-09-21
ANGLO AMERICAN PLC
P
2019-10-10
2020-12-02
ATLANTICA YIELD
P
2020-01-15
ATHENE HLDG
P
2020-01-13
AMER EXPRESS CO
P
2016-09-08
2020-01-02
AMERICAP HLDGS
P
2020-03-19
ACS ACTIVIDADES CONS UNS
P
AMGEN INC
P
ANALOG DEVICES
P
2020-01-13
APPLIED MATERIALS
P
AUTODESK IN DEL
P
AUTOMATIC DATA
P
AVERY DENNISON
P
2020-01-13
BAKER HUGHES
P
2020-01-13
BRINKS CO
P
2020-01-14
BOSTON PPTYS INC
P
BASF SE
P
2018-09-24
2020-03-11
BERKSHIRE HATHAWAY
P
BANK OF N T BUTTERFIELD
P
COMCAST CORP
P
2020-09-11
VIACOMCBS
P
2020-02-12
CONSTELLIM SE
P
2020-01-13
CACI INTL INC
P
CMS ENERGY CORP
P
2020-01-13
CAPITAL ONE
P
COOPER COS INC
P
2019-01-09
2020-01-13
CROWN HLDGS
P
2020-01-13
CORP OFFICE PPTYS
P
CHECK POINT SOFTWARE
P
2020-01-13
CENTENE CORP
P
2020-01-13
CERNER CORP
P
CITIGROUP INC
P
CUBESMART
P
CYUSONE INC
P
2020-01-13
CDW CORP
P
2019-01-09
2020-01-13
CHUBB LTD
P
2020-01-13
CAPGEMINI SE
P
2019-09-05
2020-09-21
CISCO SYSTEMS
P
COCA COLA
P
COLGATE PALMOLIVE
P
DUKE REALTU
P
DBS GROUP HLDGS
P
2020-07-27
DIGITAL RLTY TR
P
DOUGLAZ EMMETT
P
DELTA AIR LINES
P
DEUTSCHE BOERSE
P
2017-10-19
2020-05-29
DANONE SPONS
P
DEUTSCHE POST
P
DEERE CO
P
ESSEX PPTY TR
P
ELANCO ANIMAL HEALTH
P
2020-09-04
EON SE
P
ESSILORLUXOTTICA
P
EQTY LIFESTYLS
P
EQT CORP
P
EATON CORP
P
EMPIRE ST RLTY
P
ESSENT GRP
P
2017-12-20
2020-01-13
EQUINIX INC
P
EVERSOURCE ENERGY
P
2020-01-13
ELECTRONIC ARTS INC
P
2020-01-13
EXPIDITORS INTL WASH
P
FMC CORP
P
2020-01-13
FACTSET RESH SYS
P
2016-08-17
2020-09-21
FEDERAL REALTY INVEST
P
FIDELITY NATL INFO SVC
P
2020-01-13
FANUC LTD
P
2018-08-13
2020-12-02
FACEBOOK INC
P
FISERV INC WISC
P
2020-01-13
GALLAGHER ARTHUS J
P
GLOBAL PMTS INC GEORGIA
P
2020-01-13
ENGIE SHS
P
HELATHPEAK PPTYS
P
HOST HOTELS & RESORTS
P
2020-07-27
HSBC HLDG
P
2020-06-05
HEALTHCARE TR OF AMER
P
HUBBELL INC
P
2020-01-13
HOLOGIX INC
P
2020-01-13
IQVIA HLDG
P
2020-01-13
INVITATION HOMES
P
JULIUS BAER GRP
P
2015-09-15
2020-12-03
ROYAL DSM N V SPON
P
KEYSIGHT TECHOLOGIES
P
2020-01-13
LLOYDS BANKING GRP
P
2020-03-19
LAUREATE ED
P
LENNAR CORP
P
MORGAN STANLEY
P
MURATA MANUFACTURING CL
P
MERCH AND CO
P
MONDELEX INTERNATIONAL
P
MGIC INVT CORP
P
2020-01-13
MARSH AND MCLENNAN COS
P
MICROSOFT CORP
P
NVENT ELEC PLC
P
NASDAQ OMX GRP
P
NOVARTIS ADR
P
NVIDIA
P
NEXSTAR MEDIA GRP
P
NATIONA RETAIL PPTYS
P
NXP SEMICONDUCTORS
P
NEW RESIDENTIAL INVT
P
2020-01-13
MONSTER BEVERAGE
P
NUTRIEN LTD
P
2020-07-29
NOVO NORDISK
P
OTSUKA HOLDINGS
P
2020-03-17
ORACLE CORP
P
OSHKOSH CORP
P
2020-01-13
PACWEST BANCORP
P
2020-01-13
PROCTOR AND GAMBLE
P
QUALCOM INC
P
RWE AG SPON
P
2019-08-05
2020-08-12
RADIAN GROUP
P
ROYAL DUTCH SHELL
P
REINSURANCE GROUP AMERICA
P
RESFORD INDL
P
REGENERON PHARM
P
REPSOL YPF S A
P
ROCHE HLDG LTD
P
SEI INVT CO
P
SIEMENS HELATHINEERS ADR
P
SENSATA TECH
P
SAP SE SHS
P
SCHLUMBERGER LTD
P
SIMON PROPERTY GRP
P
SVB FINL GRP
P
SERVICEMASTER GLOBAL
P
2020-01-13
SABRE CORP
P
SYNCHRONY FINL COM
P
2020-01-13
STORE CAP CORP
P
WEC ENERGY GRP
P
2020-01-13
WELLTOWER INC
P
WILLSCOT CORP
P
STARBUCKS CORP
P
TCF FINL
P
TOTAL S A SP
P
THE HOWARD HUGHS CORP
P
2020-01-13
THERMO FISHER SCIENTIFIC
P
TIMKEN CO
P
2020-01-13
VIATRIS INC
P
2019-11-22
2020-11-24
UNITEDHEALTH GRP
P
2019-08-29
2020-11-10
UDR
P
VEREIT INC
P
2019-09-25
2020-12-22
VARIAN MEDICAL SYS
P
VISA INC
P
VISTRA ENERGY CORP
P
2020-01-13
VICI PPTYS
P
WALMART INC
P
YUM BRANDS INC
P
YUM CHINA HLDG
P
WPX ENERGY INC
P
2020-01-13
LOOMIS SAYLES SECURITIZE
P
UNITED TECHNOLOGI
P
2018-10-15
2020-05-19
ACS ACTIVIDADES
P
2020-07-01
2020-08-03
DISALLOWED WASH SALE
P
DISALLOWED WASH SALE
P
ACCRUED INTEREST & ADJUSTMENT
P
OCCIDENTAL PERTOL
P
US TSY 3
P
2019-05-01
2020-03-05
VERIZON COMMUN
P
2016-08-17
2020-01-08
GOLMAN SACHS
P
2020-07-23
IS TSY 2625
P
2018-10-22
2020-06-08
WESTERN ASSET SMASH
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
1,013
1,005
8
b
1,116
1,050
66
c
1,015
994
21
d
1,085
1,073
12
e
1,063
1,000
63
433
259
174
228
183
45
64
62
2
341
387
-46
48
185
-137
1,001
932
69
501
415
86
103
124
-21
436
367
69
649
287
362
146
361
-215
482
517
-35
81
80
1
45
33
12
311
255
56
307
291
16
1,422
1,077
345
347
310
37
196
184
12
442
287
155
94
80
14
79
107
-28
545
375
170
594
881
-287
180
190
-10
671
664
7
371
339
32
372
526
-154
531
978
-447
262
267
-5
603
460
143
172
198
-26
753
854
-101
1,397
2,019
-622
127
101
26
123
168
-45
785
738
47
301
305
-4
644
669
-25
899
678
221
649
565
84
176
377
-201
307
240
67
362
349
13
913
789
124
54
32
22
543
380
163
322
260
62
64
73
-9
171
334
-163
101
102
-1
710
647
63
98
88
10
208
206
2
143
182
-39
353
256
97
376
505
-129
1,129
2,329
-1,200
2,066
1,486
580
133
191
-58
72
71
1
146
145
1
157
152
5
636
517
119
222
199
23
361
328
33
937
1,559
-622
484
774
-290
246
278
-32
385
376
9
246
210
36
2,177
1,404
773
50
89
-39
544
546
-2
703
566
137
737
876
-139
125
115
10
87
81
6
527
493
34
410
420
-10
440
420
20
166
154
12
97
95
2
107
84
23
734
567
167
246
192
54
68
109
-41
66
104
-38
1,318
1,203
115
92
84
8
680
674
6
469
371
98
739
661
78
1,328
1,434
-106
183
189
-6
231
523
-292
408
454
-46
267
266
1
35
27
8
49
50
-1
396
484
-88
292
254
38
206
193
13
185
170
15
288
819
-531
39
37
2
92
79
13
446
722
-276
839
848
-9
270
220
50
796
793
3
1,132
722
410
831
857
-26
215
159
56
535
615
-80
223
234
-11
60
205
-145
123
246
-123
225
548
-323
388
304
84
145
138
7
273
236
37
908
1,178
-270
238
160
78
172
156
16
94
89
5
1,738
1,551
187
61
93
-32
1,251
1,111
140
169
243
-74
151
264
-113
204
219
-15
71
67
4
393
265
128
867
583
284
1,139
1,173
-34
297
250
47
155
105
50
48
44
4
70
70
1,111
970
141
1,031
971
60
1,196
948
248
1,077
993
84
951
965
-14
1,079
1,006
73
1,160
1,002
158
1,134
994
140
1,038
1,000
38
1,000
1,000
1,228
1,012
216
1,221
989
232
570
410
160
113
99
14
517
396
121
664
694
-30
3,048
760
2,288
776
586
190
200
559
-359
1,519
1,650
-131
224
441
-217
885
1,945
-1,060
928
657
271
375
612
-237
1,295
804
491
298
225
73
231
111
120
299
187
112
569
459
110
370
260
110
542
438
104
1,556
545
1,011
557
755
-198
1,424
775
649
1,419
798
621
141
106
35
513
344
169
287
254
33
125
66
59
241
662
-421
506
561
-55
1,369
1,040
329
477
338
139
1,189
598
591
1,199
296
903
303
138
165
390
228
162
196
474
-278
667
540
127
871
1,265
-394
437
791
-354
643
441
202
397
414
-17
221
181
40
803
1,327
-524
147
99
48
1,061
349
712
765
559
206
502
667
-165
334
259
75
577
416
161
466
494
-28
564
431
133
633
370
263
485
442
43
1,081
925
156
534
547
-13
372
358
14
142
82
60
1,055
1,006
49
106
99
7
1,754
1,190
564
1,480
1,614
-134
469
429
40
379
296
83
239
180
59
1,877
1,409
468
524
608
-84
988
1,502
-514
148
97
51
1,573
1,928
-355
192
225
-33
583
256
327
452
498
-46
306
317
-11
781
686
95
748
591
157
644
461
183
381
1,673
-1,292
1,170
916
254
370
511
-141
202
186
16
1,513
868
645
765
534
231
439
349
90
590
344
246
490
360
130
332
173
159
409
685
-276
992
472
520
150
116
34
1,498
738
760
705
305
400
476
302
174
962
400
562
448
654
-206
526
447
79
523
924
-401
400
618
-218
635
704
-69
292
238
54
527
411
116
791
432
359
431
389
42
92
73
19
738
332
406
506
307
199
361
809
-448
411
316
95
1,777
1,192
585
573
523
50
606
357
249
1,623
1,270
353
1,223
941
282
194
204
-10
1,100
912
188
3,350
975
2,375
382
403
-21
641
310
331
353
287
66
1,422
443
979
1,222
671
551
529
675
-146
1,528
1,153
375
378
298
80
845
537
308
397
641
-244
1,641
1,312
329
489
601
-112
944
660
284
276
252
24
256
333
-77
2,024
1,546
478
1,200
836
364
196
137
59
246
221
25
248
284
-36
471
348
123
874
505
369
1,070
778
292
663
900
-237
797
587
210
370
323
47
794
690
104
488
651
-163
457
340
117
142
547
-405
448
1,093
-645
633
419
214
149
99
50
840
1,608
-768
282
248
34
345
478
-133
748
512
236
1,414
1,470
-56
417
362
55
313
237
76
822
852
-30
1,298
2,241
-943
238
253
-15
2,178
874
1,304
344
254
90
5
5
350
230
120
65
103
-38
29
39
-10
983
493
490
1,390
510
880
612
620
-8
269
292
-23
461
314
147
264
193
71
427
229
198
374
320
54
1,938
2,191
-253
1,103
994
109
1
1
871
871
282
282
746
178
568
2,470
3,112
-642
5,342
4,065
1,277
4,423
4,381
42
5,534
5,164
370
3,017
2,998
19
13,984
13,933
51
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
22,987
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
104
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1
Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved
...........................
2
3
Reserved
...........................
3
4
Reserved
...........................
4
5
Reserved
...........................
5
6
Reserved
...........................
6
7
Reserved
...........................
7
8
Reserved
,..........................
8
Form
990-PF
(2020)
Page 4
Form 990-PF (2020)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
399
c
All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
399
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
399
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
600
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
600
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
201
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
201
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
No
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
HI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2020)
Page 5
Form 990-PF (2020)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
14
The books are in care of
KERRY AHN
Telephone no.
(808) 741-9062
Located at
1506 ONIPAA STREET
HONOLULU
HI
ZIP+4
96819
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2020?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2020?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2020 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2020.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
4b
No
Form
990-PF
(2020)
Page 6
Form 990-PF (2020)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
DUKE H CHUNG JR
PRESIDENT & DIRECTOR
1.00
0
0
0
1346 KUKILA STREET
HONOLULU
,
HI
96818
KERRY S B AHN
VPTREAS & DIRECTOR
1.00
0
0
0
1506 ONIPAA STREET
HONOLULU
,
HI
96819
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2020)
Page 7
Form 990-PF (2020)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
PROVIDE FUNDING TO QUALIFYING CHARITABLE ORGANIZATION IN ACCORDANCE WITH THE FOUNDATIONS EXEMPT PURPOSE
26,000
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
NA
0
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2020)
Page 8
Form 990-PF (2020)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
552,788
b
Average of monthly cash balances
.......................
1b
0
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
552,788
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
552,788
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
8,292
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
544,496
6
Minimum investment return.
Enter 5% of line 5
..................
6
27,225
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
27,225
2a
Tax on investment income for 2020 from Part VI, line 5
......
2a
399
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
399
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
26,826
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
26,826
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
26,826
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
0
b
Program-related investments—total from Part IX-B
..................
1b
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2020)
Page 9
Form 990-PF (2020)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2019
(c)
2019
(d)
2020
1
Distributable amount for 2020 from Part XI, line 7
26,826
2
Undistributed income, if any, as of the end of 2020:
a
Enter amount for 2019 only
.......
25,161
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2020:
a
From 2015
......
b
From 2016
......
c
From 2017
......
d
From 2018
......
e
From 2019
......
f
Total
of lines 3a through e
........
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
a
Applied to 2019, but not more than line 2a
25,161
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
25,315
c
Treated as distributions out of corpus (Election
required—see instructions)
........
d
Applied to 2020 distributable amount
.....
839
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2021. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
25,987
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2015 not
applied on line 5 or line 7 (see instructions)
...
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
10
Analysis of line 9:
a
Excess from 2016
....
b
Excess from 2017
....
c
Excess from 2018
....
d
Excess from 2019
....
e
Excess from 2020
....
Form
990-PF
(2020)
Page 10
Form 990-PF (2020)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2020
(b)
2019
(c)
2018
(d)
2017
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KERRY S B AHN
1506 ONIPAA STREET
HONOLULU
,
HI
96819
(808) 741-9062
b
The form in which applications should be submitted and information and materials they should include:
CLEAR INDICATION OF THE CHARITY AND STATEMENT OF NEED
c
Any submission deadlines:
NONE
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form
990-PF
(2020)
Page 11
Form 990-PF (2020)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
MILILANI YMCA
95-1190 HIKAULIA ST
MILILANI
,
HI
96789
NONE
PC
SUPPORT OF YMCA EXEMPT PURPOSE
4,000
HAWAII FOOD BANK
2611 KIIHAU ST
HONOLULU
,
HI
96819
NONE
PC
SUPPORT OF FOOD BANK EXEMPT PURPOSE
6,000
UNIVERSITY OF HAWAII
2404 MAILE WAY
HONOLULU
,
HI
96822
NONE
PC
SCHOLARSHIP FOR STUDENTS STUDYING IN ASIA
4,000
KOREAN LIBRARY FOUNDATION
2211 S KING ST
HONOLULU
,
HI
96826
NONE
PC
SUPPORT OF LIBRARYS EXEMPT PURPOSE
4,000
MAKE-A-WISH FOUNDATION
223 S KING ST
HONOLULU
,
HI
96813
NONE
PC
SUPPORT OF FOUNDATIONS EXEMPT PURPOSE
2,000
SALVATION ARMY
2950 MANOA RD
HONOLULU
,
HI
96822
NONE
PC
SUPPORT FOR HURRICANE RELIEF FUND
6,000
Total
.................................
3a
26,000
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2020)
Page 12
Form 990-PF (2020)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
13,298
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
22,987
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
36,285
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
36,285
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2020)
Page 13
Form 990-PF (2020)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
2021-05-01
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Peter K Matsumoto
Preparer's Signature
Date
2021-05-06
Check if self-
employed
PTIN
P00229365
Firm's name
Peter K Matsumoto CPA
Firm's EIN
20-3108947
Firm's address
PO Box 26479
Honolulu
,
HI
96825
Phone no.
(808) 371-9394
Form
990-PF
(2020)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description