Liang Family Foundation 061002

Liang Kai Lang Ttee

Irvine, CA
Tax-exempt since July 2002
EIN: 72-6213757

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$251k (2024)

Expenses

$619k (2024)

Total Assets

$566k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$250,566

Expenses

$619,393

Net Income

-$368,827

Net Assets

$566,304

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$119	0.0%
Dividends	$19,841	7.9%
Sales of Assets	$230,606	92.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$611,194	98.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$566,304
Total Liabilities	$0
Net Assets	$566,304

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Oct. 4, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$158,458

Expenses

$91,277

Net Income

$67,181

Net Assets

$935,131

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$80,000	50.5%
Interest Revenue	$1,053	0.7%
Dividends	$21,737	13.7%
Sales of Assets	$55,668	35.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$82,388	90.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$935,131
Total Liabilities	$0
Net Assets	$935,131

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Sept. 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$176,302

Expenses

$79,869

Net Income

$96,433

Net Assets

$867,950

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$102,452	58.1%
Interest Revenue	$7,046	4.0%
Dividends	$12,882	7.3%
Sales of Assets	$53,922	30.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$73,432	91.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$867,950
Total Liabilities	$0
Net Assets	$867,950

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on July 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$104,716

Expenses

$73,491

Net Income

$31,225

Net Assets

$771,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,487	5.2%
Dividends	$12,444	11.9%
Sales of Assets	$86,785	82.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,244	91.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$771,517
Total Liabilities	$0
Net Assets	$771,517

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Oct. 24, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$96,570

Expenses

$84,534

Net Income

$12,036

Net Assets

$740,291

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,000	20.7%
Interest Revenue	$3,333	3.5%
Dividends	$10,514	10.9%
Sales of Assets	$62,723	65.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$79,765	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$740,292
Total Liabilities	$1
Net Assets	$740,291

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Nov. 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$56,858

Expenses

$81,998

Net Income

-$25,140

Net Assets

$728,255

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$26,000	45.7%
Interest Revenue	$6,159	10.8%
Dividends	$10,206	17.9%
Sales of Assets	$14,493	25.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$74,498	90.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$728,256
Total Liabilities	$1
Net Assets	$728,255

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on July 9, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$241,091

Expenses

$57,377

Net Income

$183,714

Net Assets

$753,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	2.1%
Interest Revenue	$4,873	2.0%
Dividends	$7,963	3.3%
Sales of Assets	$223,255	92.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,687	93.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$753,396
Total Liabilities	$0
Net Assets	$753,396

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on May 16, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$629,134

Expenses

$65,901

Net Income

$563,233

Net Assets

$569,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$579,131	92.1%
Interest Revenue	$1,914	0.3%
Dividends	$3,798	0.6%
Sales of Assets	$44,291	7.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,449	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$570,432
Total Liabilities	$750
Net Assets	$569,682

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Sept. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$251,643

Expenses

$250,813

Net Income

$830

Net Assets

$6,449

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$252,000	> 100%
Interest Revenue	$10	0.0%
Dividends	$66	0.0%
Sales of Assets	-$433
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$250,650	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,199
Total Liabilities	$750
Net Assets	$6,449

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

-$1,111

Expenses

$3,785

Net Income

-$4,896

Net Assets

$5,619

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000
Interest Revenue	$1
Dividends	$42
Sales of Assets	-$4,154
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,628	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,369
Total Liabilities	$750
Net Assets	$5,619

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on May 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

Expenses

$2,785

Net Income

-$2,783

Net Assets

$10,515

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	100%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,628	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,265
Total Liabilities	$750
Net Assets	$10,515

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on May 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$5,001

Expenses

$1,760

Net Income

$3,241

Net Assets

$13,298

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	100.0%
Interest Revenue	$1	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,608	91.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,048
Total Liabilities	$750
Net Assets	$13,298

Compensation

Key Employees and Officers	Compensation	Other
Kai Liang (Trustee)	$0	$0
Daphen Liang (Trustee)	$0	$0

990-PF

Filed on Aug. 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$2,000

Expenses

$2,760

Net Income

-$760

Net Assets

$10,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,608	94.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,807
Total Liabilities	$750
Net Assets	$10,057

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$3,002

Expenses

$4,235

Net Income

-$1,233

Net Assets

$10,816

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000	99.9%
Interest Revenue	$2	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,088	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,817
Total Liabilities	$1
Net Assets	$10,816

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Liang Family Foundation 061002

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $251k (2024)

Expenses $619k (2024)

Total Assets $566k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$251k (2024)

Expenses

$619k (2024)

Total Assets

$566k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002