TY 2020 Form 990PF

- TIN:

Form990-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.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
SUSIE & GIDEON YU FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)314 LYTTON AVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PALO ALTO, CA94301

A Employer identification number

26-1118316

B Telephone number (see instructions)

(415) 310-5310

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

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 ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$28,210,020J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(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
4	Dividends and interest from securities...	456,716		465,065
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,507,356
b	Gross sales price for all assets on line 6a 6,466,650
7	Capital gain net income (from Part IV, line 2)...			1,696,392
8	Net short-term capital gain.........
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).......		875	875
12	Total. Add lines 1 through 11........	1,964,947		2,162,332
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		77,231	44,691	44,691
c	Other professional fees (attach schedule)....		39,834	39,834	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		48,000	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		6,113	5,538	575
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	171,178		90,063	45,266
25	Contributions, gifts, grants paid.......	1,826,784			2,127,000
26	Total expenses and disbursements. Add lines 24 and 25	1,997,962		90,063	2,172,266
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-33,015
b	Net investment income (if negative, enter -0-)			2,072,269
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	4,040,633	167,185	167,185
	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..........	30,000	1,000	1,000
	10a	Investments—U.S. and state government obligations (attach schedule)	1,072,967	938,967	938,967
	b	Investments—corporate stock (attach schedule).......	14,984,080	17,589,073	17,589,073
	c	Investments—corporate bonds (attach schedule).......	6,764,195	9,476,937	9,476,937
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	45,207	36,858	36,858
	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)	26,937,082	28,210,020	28,210,020
	17	Accounts payable and accrued expenses..........	31,653	19,502
	18	Grants payable.................	945,506	645,290
	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 )	91,000	110,000
	23	Total liabilities (add lines 17 through 22).........	1,068,159	774,792
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	25,868,923	27,435,228
	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........
	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).....	25,868,923	27,435,228
	30	Total liabilities and net assets/fund balances (see instructions).	26,937,082	28,210,020

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

25,868,923

Enter amount from Part I, line 27a .....................

-33,015

Other increases not included in line 2 (itemize) bullet

1,599,320

Add lines 1, 2, and 3 ..........................

27,435,228

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

27,435,228

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	2020-01-01	2020-12-31
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,466,650	4,770,258	1,696,392
b
c
d
e

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			1,696,392
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	1,696,392
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

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

Reserved...........................

Reserved,..........................

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	28,805
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	28,805
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	28,805
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	30,016
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	30,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	60,016
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
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	31,211
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax31,211	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

CA, DE

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

APERCEN PARTNERS LLC Telephone no. bullet

(650) 804-7100

Located at bullet

314 LYTTON AVEPALO ALTOCA ZIP+4 bullet

94301

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

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 bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
SUSIE YU	PRESIDENT/SECRETARY/DIRECTOR 0.50	0	0	0
314 LYTTON AVE PALO ALTO,CA94301	PRESIDENT/SECRETARY/DIRECTOR 0.50	0	0	0
GIDEON YU	VICE PRESIDENT/TREASURER 0.50	0	0	0
314 LYTTON AVE PALO ALTO,CA94301	VICE PRESIDENT/TREASURER 0.50	0	0	0

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

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............. bullet

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


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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

25,777,133

Average of monthly cash balances.......................

1,116,817

Fair market value of all other assets (see instructions)................

36,858

Total (add lines 1a, b, and c).........................

26,930,808

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

26,930,808

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

403,962

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

26,526,846

Minimum investment return. Enter 5% of line 5..................

1,326,342

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,326,342

Tax on investment income for 2020 from Part VI, line 5......

28,805

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

28,805

Distributable amount before adjustments. Subtract line 2c from line 1............

1,297,537

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,297,537

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,297,537

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

2,172,266

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

2,172,266

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

2,172,266

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

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					1,297,537
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......	289,840
c From 2017......
d From 2018......
e From 2019......	630,186
fTotal of lines 3a through e........		920,026
4Qualifying distributions for 2020 from Part
XII, line 4: $ 2,172,266
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					1,297,537
e Remaining amount distributed out of corpus		874,729
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,794,755
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
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......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
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) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		1,794,755
10 Analysis of line 9:
a Excess from 2016....	289,840
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....	630,186
e Excess from 2020....	874,729

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....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(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	(e) Total

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.)

1Information Regarding Foundation Managers:

aList 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).)

SUSIE YU

GIDEON YU

bList 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.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CALIFORNIA FIRE FOUNDATION 1780 CREEKSIDE OAKS DRIVE SACRAMENTO,CA95833		PC	GENERAL SUPPORT	100,000
KOREAN HEALTH EDUCATION INFORMATION AND RESEARCH CENTER 3727 W 6TH STREET SUITE 210 LOS ANGELES,CA90020		PC	GENERAL SUPPORT	100,000
KOREATOWN YOUTH AND COMMUNITY CENTER 3727 W 6TH STREET SUITE 300 LOS ANGELES,CA90020		PC	COVID-19 FUNDRAISER	100,000
LOS ANGELES REGIONAL FOOD BANK 1734 EAST 41ST STREET LOS ANGELES,CA90058		PC	GENERAL SUPPORT	200,000
MONTEREY BAY AQUARIUM FOUNDATION 886 CANNERY ROW MONTEREY,CA93940		PC	OCEAN CONSERVATION EFFORTS	200,000
MONTEREY BAY AQUARIUM FOUNDATION 886 CANNERY ROW MONTEREY,CA93940		PC	SPECIAL FUND FOR THE AQUARIUM	500,000
OAKWOOD SCHOOL 11600 MAGNOLIA BOULEVARD NORTH HOLLYWOOD,CA91601		PC	SCHOLARSHIP ENDOWMENT	17,000
OAKWOOD SCHOOL 11600 MAGNOLIA BOULEVARD NORTH HOLLYWOOD,CA91601		PC	ANNUAL FUND	30,000
PHILLIPS BROOKS SCHOOL 2245 AVY AVENUE MENLO PARK,CA94025		PC	SPARK CAMPAIGN	25,000
SECOND HARVEST OF SILICON VALLEY 750 CURTNER AVENUE SAN JOSE,CA95125		PC	GENERAL SUPPORT	200,000
SECOND HARVEST OF SILICON VALLEY 750 CURTNER AVENUE SAN JOSE,CA95125		PC	GENERAL SUPPORT	250,000
SOCIETY FOR SCIENCE & THE PUBLIC 1719 N STREET NW WASHINGTON,DC20036		PC	AWARD FOR INNOVATION IN SUSTAINABILITY; GENERAL SUPPORT	75,000
STANFORD HEALTH CARE 3172 PORTER DRIVE SUITE 210 PALO ALTO,CA94304		PC	PLANNING AND DESIGN OF NEW HOSPITAL	200,000
UNITED STATES HEALTHFUL FOOD COUNCIL INC 1200 18TH STREET NW SUITE 700 WASHINGTON,DC20036		PC	COVID-19 EMERGENCY RESPONSE	70,000
WESTSIDE INCLUSIVE SCHOOL HOUSE INC 6550 WEST 80TH STREET LOS ANGELES,CA90045		PC	GENERAL SUPPORT	60,000
Total ................................. 3a				2,127,000

bApproved for future payment
PHILLIPS BROOKS SCHOOL 2245 AVY AVENUE MENLO PARK,CA94025	PC	SPARK CAMPAIGN	75,000
Total ................................. 3b			75,000

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.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees 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	456,716
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....			14	875
8 Gain or (loss) from sales of assets other than inventory ............			18	1,507,356
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)..		0		1,964,947	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,964,947

(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

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	77,231	44,691		44,691

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AETNA INC	10,370	10,370
AFLAC INC	22,121	22,121
AMERICAN EXPRESS CO	46,431	46,431
AMERICAN WATER CAP	11,052	11,052
AMERIPRISE FINANCIAL INC	6,631	6,631
APPLE INC	75,851	75,851
ATLANTIC CITY ELECTRIC	11,736	11,736
ATMOS ENERGY CORP	20,976	20,976
BALTIMORE GAS & ELECTRIC	10,817	10,817
BANK OF AMERICA CORP	114,223	114,223
BANK OF NOVA SCOTIA	32,642	32,642
BANK OF NY MELLON CORP	45,657	45,657
BB&T CORPORATION	40,032	40,032
BERKSHIRE HATHAWAY INC	44,682	44,682
BLACKROCK HIGH YIELD BOND PORTFOLIO	985,342	985,342
BLACKROCK INC	20,922	20,922
BNP PARIBAS	34,045	34,045
BP CAPITAL MARKETS AMERICA	51,904	51,904
CHARLES SCHWAB CORP	22,639	22,639
CHUBB INA HOLDINGS INC	24,939	24,939
CITIGROUP INC	78,208	78,208
COLUMBIA PIPELINE GROUP	22,996	22,996
COMCAST CORP	62,787	62,787
COMERICA INC	26,969	26,969
COOPERATIEVE RABOBANK UA	38,472	38,472
COSTCO WHOLESALE CORP	25,689	25,689
DOMINION GAS HOLDINGS LLC	11,055	11,055
DUKE ENERGY CAROLINAS	10,436	10,436
DUKE ENERGY PROGRESS LLC	13,359	13,359
ENTERGY LOUISIANA LLC	10,809	10,809
ENTERGY TEXAS INC	11,673	11,673
GENERAL ELECTRIC CO	20,861	20,861
GILEAD SCIENCES INC	35,963	35,963
GOLDMAN SACHS GROUP INC	82,861	82,861
HOME DEPOT INC	38,790	38,790
INTEL CORP	10,842	10,842
INTUIT INC	10,123	10,123
ISHARES TIPS BOND ETF	227,345	227,345
JOHN DEERE CAPITAL CORP	26,773	26,773
JPMORGAN HIGH YIELD FUND	483,183	483,183
LINCOLN NATIONAL CORP	5,454	5,454
LOWES COMPANIES INC	16,739	16,739
MANULIFE FINANCIAL CORP	12,792	12,792
MARSH & MCLENNAN COS INC	10,586	10,586
METLIFE INC	12,185	12,185
MITSUBISHI UFJ FINANCIAL GROUP	35,288	35,288
MORGAN STANLEY	74,088	74,088
MUFG AMERICAS HOLDINGS CORP	17,470	17,470
NATIONAL RURAL UTILITY COOP	39,989	39,989
NORTHERN TRUST CORP	15,001	15,001
NUTRIEN LTD	5,423	5,423
ONE GAS INC	5,212	5,212
ORACLE CORP	37,851	37,851
ORIX CORP	28,519	28,519
PACIFICORP	5,492	5,492
PFIZER INC	23,364	23,364
PHILIP MORRIS INTERNATIONAL INC	39,357	39,357
PIEDMONT NATURAL GAS CO	11,474	11,474
PIMCO SHORT TERM FUND INSTITUTIONAL	218,663	218,663
PRECISION CASTPARTS CORP	11,048	11,048
PRINCIPAL FINANCIAL GROUP	26,730	26,730
PROGRESSIVE CORP	2,164	2,164
PROLOGIS LP	9,896	9,896
PRUDENTIAL FINANCIAL INC	20,746	20,746
PUBLIC STORAGE	22,878	22,878
REALTY INCOME CORP	33,526	33,526
S&P GLOBAL INC	10,901	10,901
SCHLUMBERGER INVESTMENT	5,141	5,141
SHELL INTERNATIONAL FINANCIAL	44,039	44,039
SIMON PROPERTY GROUP LP	33,658	33,658
STATE STREET CORP	34,049	34,049
SUMITOMO MITSUI FINANCIAL GROUP	51,279	51,279
TEXAS INSTRUMENTS INC	10,365	10,365
THE WALT DISNEY COMPANY	11,912	11,912
TOTAL CAPITAL INTERNATIONAL SA	37,301	37,301
TRUIST BANK	25,789	25,789
UNITEDHEALTH GROUP INC	30,891	30,891
US BANCORP	49,681	49,681
VANGUARD MORTGAGE-BACKED SECURITIES FUND	465,110	465,110
VANGUARD TOTAL BOND MARKET INDEX FUND	2,471,253	2,471,253
VANGUARD TOTAL INTERNATIONAL BOND FUND	2,422,759	2,422,759
VIRGINIA ELECTRIC & POWER CO	10,786	10,786
VISA INC	10,640	10,640
WACHOVIA CORP	13,166	13,166
WELLS FARGO & COMPANY	70,784	70,784
WESTPAC BANKING CORP	43,292	43,292

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMERICAN FUNDS INTERNATIONAL VINTAGE F3	151,485	151,485
ARTISAN INTERNATIONAL INSTITUTIONAL FUND	201,528	201,528
ARTISAN INTERNATIONAL VALUE FUND	231,893	231,893
DIAMOND HILL LARGE CAP FUND	300,978	300,978
FACEBOOK INC	3,219,191	3,219,191
FIDELITY 500 INDEX FUND	4,914,640	4,914,640
ISHARES CORE MSCI EAFE ETF	1,189,384	1,189,384
ISHARES CORE S&P MIDCAP ETF	652,487	652,487
ISHARES MSCI CANADA ETF	238,887	238,887
ISHARES MSCI JAPAN ETF	242,473	242,473
ISHARES MSCI ALL COUNTRY ASIA	64,430	64,430
PRIMECAP ODYSSEY STOCK FUND	552,378	552,378
SPDR S&P 500 ETF TRUST	3,986,682	3,986,682
VANGUARD FTSE EMERGING MARKET	1,323,606	1,323,606
VANGUARD FTSE EUROPE ETF	319,031	319,031

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

US Government Securities - End of Year Book Value:

938,967

US Government Securities - End of Year Fair Market Value:

938,967

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCRUED INTEREST	FMV	36,858	36,858

- TIN:

TY 2020 OtherExpensesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BOND PREMIUM AMORTIZATION	5,538	5,538		0
LICENSES AND FEES	575	0		575

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INVESTMENT INCOME	875	875	875

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	1,599,320

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED TAX LIABILITY	91,000	110,000

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	39,834	39,834		0

- TIN:

TY 2020 TaxesSchedule

Name:

SUSIE & GIDEON YU FOUNDATION

EIN:

26-1118316

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	48,000	0		0