Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo 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 02-01-2020 , and ending 01-31-2021
Name of foundation
HUNG WO AND ELIZABETH LAU
CHING FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)841 BISHOP ST STE 940
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96813
A Employer identification number

99-6008990
B Telephone number (see instructions)

(808) 521-4961
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,547,532J Accounting method:
 
(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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 382 382 382
4 Dividends and interest from securities... 107,536 107,536 107,536
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 898
b Gross sales price for all assets on line 6a 396,671
7 Capital gain net income (from Part IV, line 2)... 898
8 Net short-term capital gain......... 4,199
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........ 108,816 108,816 112,117
Operating and Administrative Expenses 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)....... Click to see attachment 26,725 26,725 26,725  
c Other professional fees (attach schedule).... Click to see attachment 55,239 55,239 55,239  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,305 3,305 3,305  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,900 2,900 2,900  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 88,169 88,169 88,169 0
25 Contributions, gifts, grants paid....... 297,250 297,250
26 Total expenses and disbursements. Add lines 24 and 25 385,419 88,169 88,169 297,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -276,603
b Net investment income (if negative, enter -0-) 20,647
c Adjusted net income (if negative, enter -0-)... 23,948
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
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
Assets 1 Cash—non-interest-bearing............. 1,873 1,855 1,855
2 Savings and temporary cash investments......... 53,202 75,773 75,773
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)....... 4,435,786 Click to see attachment4,136,130 5,469,904
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,490,861 4,213,758 5,547,532
Liabilities 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 bullet) Click to see attachment500  
23 Total liabilities (add lines 17 through 22)......... 500 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
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 4,490,361 4,213,758
29 Total net assets or fund balances (see instructions)..... 4,490,361 4,213,758
30 Total liabilities and net assets/fund balances (see instructions). 4,490,861 4,213,758
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
4,490,361
2
Enter amount from Part I, line 27a .....................
2
-276,603
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,213,758
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,213,758
Form 990-PF (2020)
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 MARKETABLE SECURITIES P    
b MARKETABLE SECURITIES P    
c
d
e
(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 22,286   18,087 4,199
b 373,158   377,686 -4,528
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       4,199
b       -4,528
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 898
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 ................... 		Bracket 3 4,199
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)
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 Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 287
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  
3 Add lines 1 and 2........................... 3 287
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 287
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,677
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 8,677
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,390
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet8,390 RefundedBullet 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 the instructions
for the 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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
    Yes
     
    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)
    bulletHI
    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)
    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 addressbulletN/A
    14
    The books are in care ofbulletALOHA INVESTMENT COMPANY Telephone no.bullet (808) 521-4961

    Located atbullet841 BISHOP ST STE 940HONOLULUHI ZIP+4bullet96813
    15
    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
    15
     
    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
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
     
    ........bullet
    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
     
     
    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?.............
    If "Yes," list the years bullet20, 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.
    bullet20, 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?......................
    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)
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    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?..........
    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?.....................
    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?
    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? .................
    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
    HAN HSIN CHING VICE-PRESIDE
    0.50     		0 0 0
    623 PAIKAU STREET
    HONOLULU,HI96816
    HAN PING CHING VICE PRESIDE
    0.50     		0 0 0
    3769 DIAMOND HEAD ROAD
    HONOLULU,HI96816
    EDRIC M CHING SECRETARY
    0.50     		0 0 0
    1435 PUEO STREET
    HONOLULU,HI96821
    SHELLI MEI LI CHING ASST SECRETA
    0.50     		0 0 0
    623 PAIKAU STREET
    HONOLULU,HI96816
    MARIE SAKAMOTO TREASURER
    0.50     		0 0 0
    3055 POLOHINANO PLACE
    HONOLULU,HI96817
    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...................bullet  
    Form 990-PF (2020)
    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 MOLOKAI HIGH SCHOOL ACHIEVEMENT AWARD RECIPIENTS 2,500 EACH 10,000
    2 FARRINGTON HIGH SCHOOL ACHEIVEMENT AWARD RECIPIENTS 500 EACH 5,000
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    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
    5,067,245
    b
    Average of monthly cash balances.......................
    1b
    160,097
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,227,342
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,227,342
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    78,410
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,148,932
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    257,447
    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.)
    1
    Minimum investment return from Part X, line 6....................
    1
    257,447
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    287
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    287
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    257,160
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    257,160
    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
    257,160
    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
    297,250
    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
    297,250
    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
    297,250
    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)
    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 7 257,160
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 73,758
    b From 2016...... 66,145
    c From 2017......  
    d From 2018......  
    e From 2019...... 53,777
    fTotal of lines 3a through e........ 193,680
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 297,250
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 257,160
    e Remaining amount distributed out of corpus 40,090
    5 Excess distributions carryover applied to 2020.    
    (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 5 233,770
    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 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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		73,758
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		160,012
    10 Analysis of line 9:
    a Excess from 2016.... 66,145
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 53,777
    e Excess from 2020.... 40,090
    Form 990-PF (2020)
    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 section or
    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.)
    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).)
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HAN H HAN P CHING
    841 BISHOP ST STE 940
    HONOLULU,HI96813
    (808) 521-4961
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS MUST SUBMIT WRITTEN INFORMATION REGARDING ITS ORGANIZATION AND PURPOSE WHICH IS THEN REVIEWED BY THE BOARD OF DIRECTORS FOR SUBMISSION
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PREFERENCE IS GIVEN TO ORGANIZATIONS EXEMPT UNDER IRC 501 AND SITUATED IN THE STATE OF HAWAII
    Form 990-PF (2020)
    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)
    aPaid during the year
    AMERICAN CANCER SOCIETY
    251 S VINEYARD ST
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    AMERICAN HEART ASSOCIATION
    677 ALA MOANA BLVD 600
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    AMERICAN RED CROSS HI STATE CHAPTER
    4155 DIAMOND HEAD ROAD
    HONOLULU,HI96816     		    GENERAL PURPOSE 3,500
    BOYS AND GIRLS CLUB OF HAWAII
    1000 BISHOP ST 505
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    COMMUNITY CHURCH OF HONOLULU
    2345 NUUANU AVE
    HONOLULU,HI96817     		    GENERAL PURPOSE 3,500
    GONZAGA UNIVERSITY
    502 E BOONE AVE
    SPOKANE,WA99258     		    GENERAL PURPOSE 500
    HAWAII FOODBANK
    2611 KILIHAU ST
    HONOLULU,HI96819     		    GENERAL PURPOSE 3,500
    HAWAII MEALS ON WHEELS
    2728 HUAPALA ST 209
    HONOLULU,HI96822     		    GENERAL PURPOSE 3,500
    HAWAII PUBLIC RADIO
    738 KEHEKA ST
    HONOLULU,HI96814     		    GENERAL PURPOSE 1,000
    HAWAII SYMPHONY ORCHESTRA
    3610 WAIALAE AVE
    HONOLULU,HI96816     		    GENERAL PURPOSE 3,000
    HELPING HANDS HAWAII
    2100 N NIMITZ HWY
    HONOLULU,HI96819     		    GENERAL PURPOSE 3,500
    HONOLULU MUSEUM OF ART
    900 S BERETANIA ST
    HONOLULU,HI96814     		    GENERAL PURPOSE 3,500
    HUGS
    3636 KILAUEA AVE
    HONOLULU,HI96816     		    GENERAL PURPOSE 3,500
    INSTITUTE FOR HUMAN SERVICES
    546 KAAAHI ST
    HONOLULU,HI96817     		    GENERAL PURPOSE 3,500
    IOLANI SCHOOL
    563 KAMOKU ST
    HONOLULU,HI96826     		    GENERAL PURPOSE 75,000
    MARYKNOLL SCHOOL
    1526 ALEXANDER ST
    HONOLULU,HI96822     		    GENERAL PURPOSE 20,000
    MCKINLEY HIGH SCHOOL
    1039 S KING ST
    HONOLULU,HI96814     		    GENERAL PURPOSE 10,000
    NAVIAN HAWAII
    860 IWILEI RD
    HONOLULU,HI96817     		    GENERAL PURPOSE 1,250
    PALAMA SETTLEMENT
    810 N VINEYARD BLVD
    HONOLULU,HI96817     		    GENERAL PURPOSE 3,500
    PALOLO CHINESE HOME
    2459 10TH AVE
    HONOLULU,HI96816     		    GENERAL PURPOSE 3,500
    PBS HAWAII
    315 SAND ISLAND ACCESS RD
    HONOLULU,HI96819     		    GENERAL PURPOSE 1,000
    PUNAHOU SCHOOL
    1601 PUNAHOU ST
    HONOLULU,HI96822     		    GENERAL PURPOSE 75,000
    REHAB FOUNDATION
    226 N KUAKINI ST
    HONOLULU,HI96817     		    GENERAL PURPOSE 3,500
    RONALD MCDONALD HOUSE
    1970 JUDD HILLSIDE RD
    HONOLULU,HI96822     		    GENERAL PURPOSE 3,500
    RUTGERS UNIVERSITY FOUNDATION
    335 GEORGE ST 4000
    NEW BRUNSWICK,NJ08901     		    GENERAL PURPOSE 250
    SALVATION ARMY
    296 N VINEYARD BLVD
    HONOLULU,HI96817     		    GENERAL PURPOSE 3,500
    SANTA CLARA UNIVERSITY
    500 EL CAMINO REAL
    SANTA CLARA,CA95053     		    GENERAL PURPOSE 10,000
    SCRIPPS COLLEGE
    1030 COLUMBIA AVE
    CLAREMONT,CA91711     		    GENERAL PURPOSE 250
    SPECIAL OLYMPICS
    1833 KALAKAUA AVE 500
    HONOLUL,HI96815     		    GENERAL PURPOSE 3,500
    STANFORD UNIVERSITY
    450 SERRA MALL
    STANFORD,CA94305     		    GENERAL PURPOSE 10,000
    TEACH FOR AMERICA HAWAII
    500 ALA MOANA BLVD 3-580
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    THE QUEEN'S MEDICAL CENTER
    1301 PUNCHBOWL ST
    HONOLULU,HI96813     		    GENERAL PURPOSE 5,000
    YMCA OF HONOLULU
    1441 HI-61
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    YWCA OF OAHU
    1040 RICHARD STREET
    HONOLULU,HI96813     		    GENERAL PURPOSE 3,500
    ERICA CORRALES
    823 MOMOLIO STREET C
    HONOLULU,HI96817     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    BERNADETTE CASTILLO
    94913 KAHUAILANI STREET
    HONOLULU,HI96797     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    JHEN MARIZ ELIZONDO
    1629 KNO STREET L
    HONOLULU,HI96819     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    CASSANDRA MIA REFORMADO
    267 MOKAUEA STREET 2
    HONOLULU,HI96819     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    RONHELLE CALIMLIM
    91913 PUKIKANI STREET
    EWA BEACH,HI96706     		NONE   ACHIEVEMENT AWARD RECPIENT 500
    LYNNETE PASCUA
    91320 KAUKOLU WAY
    EWA BEACH,HI96706     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    MASANIGA SAKAIO
    1212 PALAMEA LANE
    HONOLULU,HI96817     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    JO FRANZEN CASTRO
    1685 KINO STREET A
    HONOLULU,HI96819     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    LADRAVIAN WILLIAMS
    45901 NANI PLACE
    KANEOHE,HI96744     		NONE   ACHIEVEMENT AWARD RECIPIENT 500
    ROLEE ANNE JOY RUBINA
    1912 HANI LANE A
    HONOLULU,HI96819     		NONE   ACHEIVEMENT AWARD RECIPIENT 500
    JALEN KALAMA
    PO BOX 1718
    KAUNAKAKAI,HI96748     		NONE   ACHIEVEMENT AWARD RECIPIENT 2,500
    MARIA ANGST
    PO BOX 103
    MAUNALOA,HI96770     		NONE   ACHEIVEMENT AWARD RECPIENT 2,500
    AYLA-ROSE NAEHU-RAMOS
    99205 KAMEHAMEHA V HWY
    KAUNAKAKAI,HI96748     		NONE   ACHIEVEMENT AWARD RECIPIENT 2,500
    CLAUDIA KEANINI
    PO BOX 40
    HOOLEHUA,HI96729     		NONE   ACHIEVEMENT AWARD RECIPIENT 2,500
    Total .................................bullet 3a 297,250
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    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
    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 ...........     		    14 382  
    4 Dividends and interest from securities....     14 107,536  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 898  
    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)..   108,816  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    108,816
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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)
    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? ...........
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 26,725 26,725 26,725  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10731SHS VANGUARD TOTAL BOND MARKET 893,509 938,211
    75610SHS GS ENHANCED INCOME FUND CLA 715,077 722,072
    42687SHS GS HIGH YIELD FUND CLASS P 279,025 275,755
    5758SHS SPDR S&P 500 ETF TRUST 1,198,501 2,130,863
    66SHS AAR CORP.CMN    
    37SHS AGREE REALTY CORPORATION CMN 2,336 2,346
    27SHS ALAMO GROUP INC. CMN 2,117 3,769
    18SHS ALLEGIANT TRAVEL COMPANY CMN 2,735 3,267
    110SHS AMERIS BANCORP CMN 3,566 4,302
    50SHS AMERISAFE, INC CMN 2,228 2,775
    75SHS ATRICURE, INC CMN 2,177 4,367
    137SHS AVIENT COR CMN 4,647 5,265
    32SHS BALCHEM CORPORATION CMN 2,072 3,425
    59SHS BOOT BARN HOLDINGS, INC. CMN 1,901 3,377
    55SHS BROOKS AUTOMATION, INC. CMN 3,932 4,167
    11SHS CACI INTERNATIONAL INC CMN CLA 2,100 2,653
    25SHS CANTEL MEDICAL CORP. CMN    
    25SHS CASTLE BIOSCIENCES INC CMN 1,517 1,671
    82SHS CTALENT, INC CMN    
    108SHS CATHAY GENERAL BANCORP CMN 3,502 3,653
    19SHS CENTRAL GARDEN & PET CO CMN 750 804
    104SHS CENTRAL GARDEN & PET COMPANY 3,405 4,056
    25SHS CERENCE, INC. CMN 1,830 2,798
    16SHS CHURCHILL DOWNS INCORPORATED C 1,257 2,999
    54SHS CHUYS HLDGS INC CMN 1,426 1,894
    55SHS COHEN & STEERS, INC. CMN 2,201 3,603
    30SHS COMPASS MINERALS INTL, INC. CM 2,327 1,748
    154SHS COVETRUS INC CMN 3,805 5,247
    123SHS CRYOLIFE, INC. CMN 2,783 2,943
    58SHS CRYOPORT, INC. CMN 1,050 3,956
    35SHS DESCARTES SYSTEMS GRP (THE) CM 1,128 2,137
    162SHS DEVON ENERGY CORPORATION (NEW 2,544 2,667
    30SHS DRIL-QUIP INC CMN    
    48SHS EMERGENT BIOSOLUTIONS INC. CMN 3,750 5,129
    72SHS ENDAVA PLC ADR CMN 4,795 5,692
    75SHS ENTEGRIS INC CMN    
    36SHS EXCELSERVICE HOLDINGS INC CMN    
    21SHS FIVE BELOW INC CMN 730 3,690
    95SHS GLACIER BANCORP INC (NEW) CMN 2,927 4,432
    15SHS GLOBANT S.A. CMN    
    80SHS GLOBUS MEDICAL INC CMN CLASS A 1,638 4,935
    55SHS GRAND CANYON EDUCATION, INC. C 2,321 4,672
    90SHS HALOZYME THERAPEUTICS, INC. CM 2,956 4,283
    55SHS HEALTHEQUITY, INC. CMN 2,767 4,595
    130SHS HEARTLAND EXPRESS INC CMN 2,455 2,440
    13SHS HELEN OF TROY LTD (NEW) CMN 1,358 3,175
    75SHS HELIOS TECHNOLOGIES INC. CMN 3,028 4,091
    95SHS HORACE MANN EDUCATORS CORP CMN 4,005 3,721
    52SHS HOULIHAN LOKEY, INC. CMN 2,395 3,372
    29SHS HUBSPOT INC CMN    
    42SHS ICF INTERNATIONAL INC CMN 2,353 3,239
    10SHS ICU MEDICAL INC CMN 627 2,045
    34SHS IDACORP, INC. CMN 2,597 3,002
    66SHS INTEGRA LIFESCIENCES HOLDING C 3,739 4,359
    23SHS JOHN BEAN TECHNOLOGIES CORPORA    
    17SHS LHC GROUP, INC. CMN 1,624 3,387
    23SHS LITHIA MOTORS INC CL-A CMN CLA 1,991 7,330
    97SHS MACOM TECHNOLOGY SOLUTIONS CMN 3,211 5,515
    187SHS MATADOR RES CO CMN    
    29SHS MEDPACE HOLDINGS, INC. CMN 3,460 3,851
    106SHS MERIDIAN BANCORP INC. CMN 1,934 1,606
    50SHS MINERALS TECHNOLOGIES INC. CMN 2,830 3,082
    72SHS MOBILE MINI INC CMN    
    44SHS NATIONAL HEALTH INVESTORS, INC 2,740 2,853
    62SHS NORTHWESTERN CORPORATION CMN 3,001 3,377
    33SHS NOVANTA INC. CMN 2,847 4,122
    100SHS OCEANFIRST FINANCIAL CORP CMN 1,530 1,816
    35SHS OLLIE'S BARGAIN OUTLET HLDG IN 2,155 3,316
    32SHS OXFORD IND INC CMN 2,204 2,088
    122SHS PACIFIC PREMIER BANCORP, INC 4,621 4,057
    64SHS PATRICK INDUSTRIES, INC. CMN 3,252 4,420
    25SHS PAYLOCITY HOLDING CORPORATION 1,824 4,687
    55SHS PEBBLEBROOK HOTEL TRUST CMN    
    108SHS PERFORMANCE FOOD GROUP COMPAN 3,107 5,063
    77SHS PHREESIA INC CMN 2,101 5,027
    117SHS POLYONE CORPORATION CMN    
    19SHS POWER INTEGRATIONS INC CMN    
    55SHS PRA GROUP INC CMN    
    130SHS PRIMORIS SERVICES CORPORATION 3,331 3,784
    78SHS PROGYNY INC CMN 2,056 3,648
    23SHS PROOFPOINT, INC. CMN 1,754 2,969
    62SHS QTS REALTY TRUST, INC. CMN 3,120 4,036
    54SHS RAPID7, INC. CMN 3,061 4,688
    25SHS RBC BEARINGS INCORPORATED CMN 1,345 4,183
    75SHS RITCHIE BROS. AUCTIONEERS INC 1,629 4,418
    10SHS ROGERS CORP CMN 684 1,561
    30SHS RYMAN HOSPITALITY PPTYS INC CM 2,567 1,945
    149SHS SEACOAST BANKING CORPORATION 3,812 4,537
    49SHS SHYFT GROUP, INC. (THE) CMN 1,168 1,480
    50SHS SILGAN HOLDINGS INC CMN 1,223 1,822
    39SHS SILICON LABORATORIES INC. CMN 2,953 5,116
    16SHS SITEONE LANDSCAPE SUPPLY, INC. 915 2,523
    141SHS SKYLINE CHAMPION CORPORATION 3,730 4,742
    160SHS STAG INDUSTRIAL, INC. CMN 3,860 4,787
    100SHS STIFEL FINANCIAL CORP CMN 2,842 5,182
    105SHS SUPERNUS PHARMACEUTICALS, INC 2,520 3,086
    78SHS SYNEOS HEALTH INC CMN 3,366 5,799
    78SHS TEXAS ROADHOUSE, INC. CMN 2,344 5,944
    85SHS UFP INDUSTRIES, INC. CMN 1,527 4,585
    25SHS UNITED BANKSHARES INC W V CMN    
    85SHS UNIVERSAL FOREST PRODUCTS INC    
    55SHS US ECOLOGY HOLDINGS INC CMN 2,449 1,815
    67SHS VERACYTE, INC. CMN 1,902 3,799
    290SHS VIAVI SOLUTIONS, INC. CMN 3,767 4,481
    79SHS VIRTUSA CORPORATION CMN    
    10SHS WD 40 CO CMN    
    63SHS WEBSTER FINANCIAL CORP CMN    
    95SHS WILLSCOT MOBILE MINI HOLDINGS 1,386 2,252
    65SHS WOLVERINE WORLD WIDE CMN 1,232 1,868
    135SHS WPX ENERGY INC CMN    
    11163SHS VANGUARD FTSE DEVELOPED MKT 374,363 523,210
    11946SHS XTRACKERS MSCI EAFE HEDGED 328,112 400,549
    3325SHS VANGUARD FTSE EMERGING MKTS 138,791 171,836
    23920.24SHS GS TACTICAL TILT OVERLAY    

    TY 2020 OtherExpensesSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OUTSIDE SERVICES 2,450 2,450 2,450  
    INSURANCE 443 443 443  
    OTHERS 7 7 7  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Description Beginning of Year - Book Value End of Year - Book Value
    ADVANCES DUE TO AFFILIATES 500  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 52,883 52,883 52,883  
    PROPERTY RE-ZONING 2,356 2,356 2,356  


    TY 2020 TaxesSchedule
    Name:
    HUNG WO AND ELIZABETH LAU
     
    CHING FOUNDATION
    EIN:
    99-6008990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL PROPERTY TAXES 3,285 3,285 3,285  
    FOREIGN TAXES 20 20 20