| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,350 | 4,175 | 4,175 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VII-B, LINE 1A(2): | LANLAN ZHANG, DIRECTOR, LENT MONEY TO THE FOUNDATION WHERE THE LOAN BEARS NO INTEREST OR OTHER CHARGES. THIS IS NOT AN ACT OF SELF-DEALING AS THE LOAN IS WITHOUT INTEREST PURSUANT REG. 53.4941(D)-2(C)(2). |
| Item No. | 1 |
|---|---|
| Lender's Name | LANLAN ZHANG |
| Lender's Title | DIR./PRES./TREA. |
| Original Amount of Loan | 4000 |
| Balance Due | |
| Date of Note | 2015-12 |
| Maturity Date | |
| Repayment Terms | LOAN WITHOUT INTEREST OR OTHER CHARGE |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | LEGAL FEE EXPENSE FOR THE INCORPORATION OF THE FOUNDATION |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REGISTRATION | 100 | 0 | 100 |