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 04-01-2020 , and ending 03-31-2021
Name of foundation
LARRY AND BEATRICE CHING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2050 OKIKA PLACE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96822
A Employer identification number

99-6003722
B Telephone number (see instructions)

(808) 946-8183
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$1,305,696J 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 59 59  
4 Dividends and interest from securities... 16,120 16,120  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 85,111
b Gross sales price for all assets on line 6a 248,285
7 Capital gain net income (from Part IV, line 2)... 85,111
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).......      
12 Total. Add lines 1 through 11........ 101,290 101,290  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,443 8,582   2,861
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 1,047 524   524
c Other professional fees (attach schedule).... Click to see attachment 19,643 19,643   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 541 541   0
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 146 0   17
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,820 29,290   3,402
25 Contributions, gifts, grants paid....... 48,600 48,600
26 Total expenses and disbursements. Add lines 24 and 25 81,420 29,290   52,002
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,870
b Net investment income (if negative, enter -0-) 72,000
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 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............. 4,362 9,238 9,238
2 Savings and temporary cash investments.........      
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)....... 682,467 Click to see attachment700,804 1,279,734
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).......... 19,013 Click to see attachment16,724 16,724
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) 705,842 726,766 1,305,696
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)    
23 Total liabilities (add lines 17 through 22)......... 0 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........ 705,842 726,766
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 705,842 726,766
30 Total liabilities and net assets/fund balances (see instructions). 705,842 726,766
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
705,842
2
Enter amount from Part I, line 27a .....................
2
19,870
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,170
4
Add lines 1, 2, and 3 ..........................
4
726,882
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
116
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
726,766
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 14SH MELLANOX TECH LTD P 2019-04-10 2020-04-07
b 12SH INCYTE CORP P 2020-01-03 2020-04-21
c 1SH TRINITY IND P 2019-05-03 2020-04-30
d 7SH ACTIVISION BLIZZARD INC P 2019-11-08 2020-05-18
e 5SH ENTERGY CORP NEW P 2020-04-01 2020-05-20
6SH INGERSOLL RAND INC P 2020-03-10 2020-05-20
10SH INCYTE CORP P 2020-01-03 2020-06-23
18SH T-MOBILE US INC RTS P 2020-06-24 2020-06-30
9SH T-MOBILE US INC RTS P 2020-06-24 2020-06-30
8SH ACTIVISION BLIZZARD INC P 2019-11-08 2020-07-13
9SH ACTIVISION BLIZZARD INC P 2019-10-01 2020-07-13
42SH WALGREENS BOOTS ALLIANCE INC P 2020-03-06 2020-08-13
24SH WALGREENS BOOTS ALLIANCE INC P 2020-05-14 2020-08-18
8SH WALGREENS BOOTS ALLIANCE INC P 2020-03-06 2020-08-18
7SH ACTIVISION BLIZZARD INC P 2019-10-01 2020-08-27
35SH INCYTE CORP P 2020-01-03 2020-09-03
4SH BANK OF AMERICA CORP P 2020-03-10 2020-09-18
10SH ACTIVISION BLIZZARD INC P 2019-10-01 2020-09-22
18SH VIACOMCBS INC CL B P 2020-03-10 2020-09-30
60SH CENTERPOINT ENERGY INC P 2020-06-26 2020-10-07
6SH CENTERPOINT ENERGY INC P 2020-05-20 2020-10-07
24SH CENTERPOINT ENERGY INC P 2020-05-20 2020-10-12
47SH CENTERPOINT ENERGY INC P 2020-05-20 2020-10-12
101SH CENTERPOINT ENERGY INC P 2020-05-15 2020-10-13
31SH CENTERPOINT ENERGY INC P 2020-05-20 2020-10-13
4SH STATE STREET CORP P 2020-03-26 2020-10-19
6SH STATE STREET CORP P 2020-04-21 2020-10-19
14SH COMCAST CORP (NEW) CLASS A P 2020-01-24 2020-11-18
15.796SH INTERNATIONAL FLAVORS&FRAGRANC P 2020-03-10 2021-02-08
25SH ENTERGY CORP NEW P 2020-04-01 2021-02-16
4SH ENTERGY CORP NEW P 2021-01-07 2021-02-16
65SH NUTRIEN LTD P 2020-11-03 2021-02-18
12SH BRISTOL MYERS SQUIBB CO P 2021-01-07 2021-02-23
10SH MORGAN STANLEY P 2020-10-28 2021-03-04
0.366SH RAYTHEON TECHNOLOGIES CORP P 2011-08-16 2020-04-03
40SH TRINITY IND P 2017-10-19 2020-04-30
10SH TRINITY IND P 2017-11-17 2020-04-30
4SH TRINITY IND P 2017-11-20 2020-04-30
1SH TRINITY IND P 2019-02-19 2020-04-30
2SH BIO RAD LAB A P 2019-02-08 2020-05-13
38SH INGERSOLL RAND INC P 2004-04-16 2020-05-20
57SH DELTA AIR LINES INC NEW P 2017-04-27 2020-06-05
20SH DELTA AIR LINES INC NEW P 2017-09-06 2020-06-05
8SH DELTA AIR LINES INC NEW P 2018-08-10 2020-06-05
7SH DELTA AIR LINES INC NEW P 2019-02-19 2020-06-05
7.225SH VIACOMCBS INC CL B P 2015-12-21 2020-06-09
13.714SH VIACOMCBS INC CL B P 2016-04-19 2020-06-09
10.061SH VIACOMCBS INC CL B P 2018-01-30 2020-06-09
22SH VIACOMCBS INC CL B P 2018-01-30 2020-06-09
8SH TERADYNE INC P 2014-08-12 2020-06-22
10SH TRINITY IND P 2017-11-10 2020-06-24
7SH TRINITY IND P 2017-11-17 2020-06-24
6SH TRINITY IND P 2017-11-17 2020-06-25
2SH TERADYNE INC P 2014-08-05 2020-07-08
21SH TERADYNE INC P 2014-08-07 2020-07-08
4SH TERADYNE INC P 2014-08-08 2020-07-08
3SH TERADYNE INC P 2014-08-12 2020-07-08
22SH FIRSTENERGY CORP P 2017-08-17 2020-07-21
12SH FIRSTENERGY CORP P 2017-08-22 2020-07-21
52SH FIRSTENERGY CORP P 2017-08-17 2020-07-22
12SH FIRSTENERGY CORP P 2017-08-18 2020-07-22
35SH FIRSTENERGY CORP P 2017-09-06 2020-07-22
37SH FIRSTENERGY CORP P 2017-09-13 2020-07-22
23SH FIRSTENERGY CORP P 2018-01-11 2020-07-22
26SH FIRSTENERGY CORP P 2018-01-16 2020-07-22
2SH BROADCOM INC P 2018-09-24 2020-09-04
23SH BANK OF AMERICA CORP P 2015-04-29 2020-09-18
5SH AON PLC CL A P 2015-09-01 2020-09-24
1SH AON PLC CL A P 2015-11-13 2020-09-24
7SH TRANE TECHNOLOGIES PLC P 2004-04-16 2020-09-24
17.939SH VIACOMCBS INC CL B P 2018-01-30 2020-09-30
17SH VIACOMCBS INC CL B P 2018-03-22 2020-09-30
11.925SH VIACOMCBS INC CL B P 2018-04-19 2020-09-30
2.981SH VIACOMCBS INC CL B P 2019-02-19 2020-09-30
7.155SH VIACOMCBS INC CL B P 2019-05-03 2020-09-30
1SH BIO RAD LAB A P 2019-02-08 2020-10-05
3SH BROADCOM INC P 2019-09-25 2020-10-08
19SH ARCHER DANIELS MIDLAND P 2019-10-18 2020-10-19
4SH TRANE TECHNOLOGIES PLC P 2004-04-16 2020-10-21
12SH DISCOVER FINCL SVCS P 2015-02-06 2020-10-27
76SH BANK OF AMERICA CORP P 2015-03-20 2020-10-28
17SH BANK OF AMERICA CORP P 2015-04-29 2020-10-28
1SH BIO RAD LAB A P 2016-06-24 2020-11-02
1SH BIO RAD LAB A P 2019-02-08 2020-11-02
69SH ARCHER DANIELS MIDLAND P 2019-10-18 2020-11-03
4SH TRANE TECHNOLOGIES PLC P 2004-04-16 2020-11-04
7SH JPMORGAN CHASE & CO P 2013-12-18 2020-11-10
8SH TRANE TECHNOLOGIES PLC P 2004-04-16 2020-11-17
16SH GENERAL MTRS CO P 2018-02-28 2020-11-23
11SH GENERAL MTRS CO P 2018-07-25 2020-11-23
8SH AMER INTL GP INC NEW P 2017-12-15 2020-11-24
8SH JPMORGAN CHASE & CO P 2013-12-18 2020-11-24
2SH BROADCOM INC P 2019-09-25 2020-12-03
21SH SEAGATE TECHNOLOGY PLC P 2019-07-31 2020-12-03
10SH CITIGROUP INC NEW P 2014-01-17 2020-12-04
4SH CITIGROUP INC NEW P 2015-02-05 2020-12-04
13SH ACTIVISION BLIZZARD INC P 2019-09-27 2020-12-14
7SH BIO RAD LAB A P 2016-06-24 2020-12-17
20SH TRINITY IND P 2017-11-10 2020-12-29
15SH TRINITY IND P 2018-02-08 2020-12-29
16.667SH DUPONT DE NEMOURS INC P 2016-12-13 2021-01-06
5SH DUPONT DE NEMOURS INC P 2017-02-03 2021-01-06
4SH DUPONT DE NEMOURS INC P 2017-05-02 2021-01-06
4SH DUPONT DE NEMOURS INC P 2017-05-04 2021-01-06
2.333SH DUPONT DE NEMOURS INC P 2019-04-10 2021-01-06
3SH DUPONT DE NEMOURS INC P 2019-02-19 2021-01-08
4.333SH DUPONT DE NEMOURS INC P 2019-04-04 2021-01-08
2.667SH DUPONT DE NEMOURS INC P 2019-04-10 2021-01-08
7SH DUPONT DE NEMOURS INC P 2019-05-02 2021-01-08
6.333SH DUPONT DE NEMOURS INC P 2019-03-29 2021-01-12
4.334SH DUPONT DE NEMOURS INC P 2019-05-02 2021-01-12
12.333SH DUPONT DE NEMOURS INC P 2019-05-07 2021-01-12
7SH DUPONT DE NEMOURS INC P 2019-11-21 2021-01-12
2SH DUPONT DE NEMOURS INC P 2019-11-21 2021-01-13
4SH DUPONT DE NEMOURS INC P 2019-11-25 2021-01-13
5SH DUPONT DE NEMOURS INC P 2019-12-13 2021-01-13
6SH DUPONT DE NEMOURS INC P 2019-12-24 2021-01-13
1SH DUPONT DE NEMOURS INC P 2019-12-05 2021-01-14
9SH DUPONT DE NEMOURS INC P 2019-12-24 2021-01-14
1SH BROADCOM INC P 2019-09-25 2021-01-22
21SH TRANE TECHNOLOGIES PLC P 2004-04-16 2021-01-22
29SH TRINITY IND P 2017-10-30 2021-01-22
2SH TRINITY IND P 2018-02-08 2021-01-22
25SH SEAGATE TECHNOLOGY PLC P 2019-07-31 2021-01-27
5SH SEAGATE TECHNOLOGY PLC P 2019-08-01 2021-01-27
35SH TRINITY IND P 2017-10-30 2021-01-28
19SH TRINITY IND P 2019-03-06 2021-01-28
0.592SH INTERNATIONAL FLAVORS&FRAGRANC P 2019-12-05 2021-01-30
5SH QUEST DIAGNOSTICS INC P 2019-03-29 2021-02-01
25SH TRINITY IND P 2018-04-19 2021-02-01
28SH TRINITY IND P 2019-03-06 2021-02-01
18SH ACTIVISION BLIZZARD INC P 2019-09-27 2021-02-04
15.204SH INTERNATIONAL FLAVORS&FRAGRANC P 2019-12-05 2021-02-08
22SH COCA COLA CO P 2017-05-17 2021-02-11
21SH COCA COLA CO P 2017-04-28 2021-02-16
3SH COCA COLA CO P 2017-05-17 2021-02-16
11SH BRISTOL MYERS SQUIBB CO P 2019-06-24 2021-02-23
18SH HESS CORPORATION P 2016-11-04 2021-02-23
4SH HESS CORPORATION P 2016-11-04 2021-03-04
5SH LOEWS CORPORATION P 2017-11-01 2021-03-05
25SH LOEWS CORPORATION P 2017-11-10 2021-03-05
10SH LOEWS CORPORATION P 2018-01-08 2021-03-05
19SH LOEWS CORPORATION P 2018-01-08 2021-03-05
4SH LOEWS CORPORATION P 2018-02-12 2021-03-05
11SH LOEWS CORPORATION P 2018-04-19 2021-03-05
5SH LOEWS CORPORATION P 2019-02-19 2021-03-05
6SH LOEWS CORPORATION P 2019-03-12 2021-03-05
5SH ADVANCE AUTO PARTS P 2016-11-23 2021-03-15
6SH BROADCOM INC P 2018-09-24 2021-03-18
1SH BROADCOM INC P 2019-09-25 2021-03-18
1SH ALEXION PHARM INC P 2014-12-17 2020-04-01
1SH ALEXION PHARM INC P 2015-01-21 2020-04-01
1SH ALEXION PHARM INC P 2015-03-11 2020-04-01
2SH ALEXION PHARM INC P 2015-03-12 2020-04-01
1SH ALEXION PHARM INC P 2015-04-27 2020-04-01
2SH ALEXION PHARM INC P 2015-02-11 2020-04-08
1SH ALEXION PHARM INC P 2015-03-12 2020-04-08
2SH ALEXION PHARM INC P 2015-04-02 2020-04-08
1SH ALEXION PHARM INC P 2015-05-06 2020-04-08
3SH ALEXION PHARM INC P 2015-09-21 2020-04-08
2SH ALEXION PHARM INC P 2014-12-02 2020-04-08
1SH ALEXION PHARM INC P 2016-01-20 2020-04-08
1SH ALEXION PHARM INC P 2016-04-29 2020-04-08
1SH ALEXION PHARM INC P 2016-05-13 2020-04-08
1SH ALEXION PHARM INC P 2016-10-13 2020-04-08
5SH CHUBB LTD P 2012-03-19 2020-04-08
2SH CHUBB LTD P 2012-04-18 2020-04-08
16SH VISA INC CL A P 2009-10-28 2020-04-23
1SH CHUBB LTD P 2011-06-02 2020-07-16
2SH CHUBB LTD P 2012-04-18 2020-07-16
6SH CHUBB LTD P 2012-06-28 2020-07-16
2SH ADOBE INC P 2016-07-26 2020-09-28
2SH FACEBOOK INC CL-A P 2014-10-29 2020-09-28
1SH HOME DEPOT INC P 2017-11-16 2020-09-28
1SH NVIDIA CORPORATION P 2018-05-11 2020-09-28
1SH S&P GLOBAL INC COM P 2017-10-31 2020-09-28
2SH ILLUMINA INC P 2019-07-31 2020-09-29
1SH ILLUMINA INC P 2019-08-02 2020-09-29
1SH ILLUMINA INC P 2019-09-04 2020-09-29
2SH ILLUMINA INC P 2015-03-11 2020-10-05
2SH SERVICENOW INC P 2014-03-24 2020-10-06
1SH ILLUMINA INC P 2014-11-07 2020-10-08
1SH ILLUMINA INC P 2014-11-14 2020-10-08
2SH ILLUMINA INC P 2014-12-02 2020-10-08
1SH ILLUMINA INC P 2015-03-25 2020-10-08
2SH CHUBB LTD P 2011-06-02 2020-10-30
5SH CHUBB LTD P 2011-08-03 2020-10-30
5SH CHUBB LTD P 2011-07-13 2020-11-05
3SH CHUBB LTD P 2011-07-25 2020-11-05
4SH CHUBB LTD P 2011-08-03 2020-11-05
9SH CHUBB LTD P 2011-08-15 2020-11-05
1SH TRADE DESK INC CLASS A P 2019-09-24 2020-11-19
1SH ADOBE INC P 2016-05-11 2020-12-02
2SH ADOBE INC P 2016-07-12 2020-12-02
2SH ALIGN TECHNOLOGY P 2018-07-27 2020-12-02
1SH ALPHABET INC CL C P 2014-05-02 2020-12-02
1SH AMAZON COM INC P 2013-12-30 2020-12-02
5SH AMERICAN TOWER REIT COM P 2013-12-30 2020-12-02
1SH ASML HOLDING NV NY REG NEW P 2019-08-14 2020-12-02
11SH CHARLES SCHWAB NEW P 2016-01-20 2020-12-02
1SH COSTCO WHOLESALE CORP NEW P 2008-07-15 2020-12-02
1SH COSTCO WHOLESALE CORP NEW P 2014-01-15 2020-12-02
1SH EQUINIX INC P 2013-02-28 2020-12-02
1SH FACEBOOK INC CL-A P 2014-10-29 2020-12-02
4SH FACEBOOK INC CL-A P 2014-12-02 2020-12-02
3SH HOME DEPOT INC P 2017-11-16 2020-12-02
2SH MASTERCARD INC CL A P 2017-01-23 2020-12-02
2SH NVIDIA CORPORATION P 2018-05-11 2020-12-02
10SH PAYPAL HLDGS INC COM P 2016-12-16 2020-12-02
1SH S&P GLOBAL INC COM P 2017-08-03 2020-12-02
1SH S&P GLOBAL INC COM P 2017-08-09 2020-12-02
8SH SALESFORCE.COM INC. P 2013-12-30 2020-12-02
3SH SERVICENOW INC P 2014-12-02 2020-12-02
2SH TRADE DESK INC CLASS A P 2019-09-24 2020-12-02
3SH TRANSUNION P 2018-02-16 2020-12-02
3SH TRANSUNION P 2018-07-27 2020-12-02
2SH ULTA BEAUTY INC P 2018-01-25 2020-12-02
9SH VISA INC CL A P 2009-10-28 2020-12-02
2SH WASTE CONNECTIONS INC P 2017-06-06 2020-12-02
3SH WASTE CONNECTIONS INC P 2017-11-13 2020-12-02
4SH XYLEM INC COM P 2018-10-08 2020-12-02
1SH XYLEM INC COM P 2018-10-02 2020-12-02
4SH XYLEM INC COM P 2019-08-07 2020-12-02
3SH ZOETIS INC CLASS-A P 2017-10-26 2020-12-02
3SH ZOETIS INC CLASS-A P 2017-11-14 2020-12-02
11SH BIOMARIN PHARMAC SE P 2013-12-30 2020-12-17
1SH BIOMARIN PHARMAC SE P 2016-05-13 2020-12-17
4SH BIOMARIN PHARMAC SE P 2017-08-09 2020-12-17
9SH BIOMARIN PHARMAC SE P 2013-06-04 2021-02-03
11SH BIOMARIN PHARMAC SE P 2013-06-11 2021-02-03
3SH BIOMARIN PHARMAC SE P 2013-07-12 2021-02-03
7SH BIOMARIN PHARMAC SE P 2013-05-30 2021-01-26
2SH BIOMARIN PHARMAC SE P 2013-07-12 2021-01-26
3SH CHARLES SCHWAB NEW P 2016-01-20 2021-01-26
1SH ILLUMINA INC P 2014-08-20 2021-01-26
1SH ILLUMINA INC P 2014-11-14 2021-01-06
1SH NVIDIA CORPORATION P 2018-08-20 2021-01-26
4SH SPLUNK INC P 2016-12-05 2021-02-19
2SH SPLUNK INC P 2016-12-05 2021-01-06
2SH XYLEM INC COM P 2018-10-10 2021-03-26
5SH XYLEM INC COM P 2018-10-11 2021-03-26
5SH XYLEM INC COM P 2018-10-19 2021-03-26
6SH XYLEM INC COM P 2018-12-06 2021-03-26
4SH XYLEM INC COM P 2018-10-10 2021-03-25
17SH XYLEM INC COM P 2018-08-22 2021-03-23
5SH XYLEM INC COM P 2018-10-09 2021-03-23
2SH XYLEM INC COM P 2018-10-10 2021-03-23
9SH XYLEM INC COM P 2018-08-22 2021-03-05
7SH XYLEM INC COM P 2018-08-22 2021-01-26
9SH XYLEM INC COM P 2018-08-22 2021-01-25
1SH XYLEM INC COM P 2019-08-07 2021-01-25
183SH THE BARCLAYS ETN+ FI P 2018-03-27 2020-05-07
92SH CREDIT SUISSE FI LARGE P 2014-06-10 2020-05-26
129SH ABB LTD SPON ADR P 2017-07-21 2020-12-03
1SH AMAZON.COM INC P 2011-02-09 2020-12-03
67SH ASTRAZENECA PLC SPON ADR P 2017-05-25 2020-12-03
3SH CARRIER GLOBAL CORP P 2008-02-11 2020-12-03
35SH CARRIER GLOBAL CORP P 2013-09-12 2020-12-03
11SH HOME DEPOT INC P 2012-07-26 2020-12-03
48SH NOVO NORDISK ADR DENMARK P 2012-05-22 2020-12-03
1.5SH OTIS WORLDWIDE CORP P 2008-02-11 2020-12-03
17.5SH OTIS WORLDWIDE CORP P 2013-09-12 2020-12-03
26SH SAP SE SPON ADR P 2021-04-24 2020-12-03
53SH SIEMENS A G SPON ADR P 2013-10-22 2020-12-03
76SH TOTAL SE SPON ADR P 2018-07-26 2020-12-03
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,687   1,663 24
b 1,193   932 261
c 19   22 -3
d 514   375 139
e 488   433 55
174   139 35
1,070   776 294
3   5 -2
2   2 0
649   428 221
730   475 255
1,725   2,092 -367
993   906 87
331   398 -67
587   369 218
3,219   2,717 502
101   93 8
809   527 282
520   365 155
1,233   1,060 173
123   102 21
520   406 114
1,019   799 220
2,125   1,701 424
652   524 128
257   194 63
386   339 47
698   621 77
2,008   831 1,177
2,355   2,119 236
377   383 -6
3,611   2,518 1,093
726   749 -23
811   478 333
23   6 17
772   972 -200
193   240 -47
77   96 -19
19   26 -7
906   496 410
1,101   270 831
2,047   2,609 -562
718   921 -203
287   438 -151
251   364 -113
192   475 -283
365   823 -458
268   590 -322
580   1,290 -710
669   150 519
209   232 -23
146   168 -22
125   144 -19
176   37 139
1,843   391 1,452
351   74 277
263   56 207
824   689 135
449   377 72
1,473   1,629 -156
340   375 -35
992   1,087 -95
1,048   1,117 -69
652   664 -12
737   744 -7
722   498 224
582   367 215
988   455 533
198   93 105
828   151 677
518   1,052 -534
491   863 -372
344   616 -272
86   146 -60
207   343 -136
531   248 283
1,118   819 299
962   755 207
517   86 431
790   705 85
1,775   1,207 568
397   271 126
590   138 452
590   248 342
3,305   2,742 563
548   87 461
809   391 418
1,187   173 1,014
719   636 83
495   410 85
330   476 -146
981   446 535
811   546 265
1,299   990 309
583   527 56
233   194 39
1,117   680 437
4,091   968 3,123
521   464 57
391   345 46
1,299   1,433 -134
390   444 -54
312   370 -58
312   365 -53
182   199 -17
245   242 3
354   359 -5
218   227 -9
572   546 26
546   487 59
374   338 36
1,064   885 179
604   458 146
167   131 36
334   261 73
418   325 93
502   382 120
83   62 21
745   573 172
466   273 193
3,224   454 2,770
810   656 154
56   46 10
1,868   1,178 690
374   232 142
980   791 189
532   429 103
75   51 24
669   447 222
708   564 144
793   632 161
1,673   942 731
1,933   1,314 619
1,105   970 135
1,060   905 155
151   132 19
666   506 160
1,210   840 370
280   187 93
251   248 3
1,254   1,238 16
502   505 -3
941   960 -19
201   190 11
545   566 -21
251   236 15
301   285 16
904   853 51
2,888   1,495 1,393
481   273 208
89   180 -91
89   181 -92
89   180 -91
178   353 -175
89   180 -91
197   347 -150
98   177 -79
197   338 -141
98   154 -56
295   481 -186
197   333 -136
98   160 -62
98   139 -41
98   139 -41
98   120 -22
570   365 205
228   145 83
2,678   310 2,368
135   68 67
270   145 125
810   426 384
975   194 781
513   151 362
273   167 106
518   258 260
356   155 201
611   606 5
306   296 10
306   270 36
634   382 252
1,000   124 876
329   188 141
329   180 149
657   376 281
329   186 143
258   137 121
644   332 312
689   326 363
413   196 217
551   266 285
1,240   575 665
805   194 611
479   96 383
958   194 764
1,012   715 297
1,826   527 1,299
3,199   398 2,801
1,146   397 749
450   209 241
560   279 281
384   70 314
384   116 268
691   210 481
287   76 211
1,147   301 846
812   501 311
679   219 460
1,083   516 567
2,123   395 1,728
333   152 181
333   150 183
1,761   433 1,328
1,576   184 1,392
1,720   388 1,332
280   176 104
280   216 64
564   455 109
1,888   174 1,714
204   135 69
305   208 97
385   310 75
96   77 19
385   304 81
477   192 285
477   208 269
985   760 225
90   83 7
358   341 17
748   534 214
914   647 267
249   183 66
606   449 157
173   122 51
169   76 93
419   173 246
375   180 195
539   251 288
678   226 452
323   113 210
208   146 62
520   352 168
520   350 170
624   396 228
406   291 115
1,726   1,281 445
508   373 135
203   146 57
898   678 220
699   528 171
914   678 236
102   76 26
13,204   17,241 -4,037
30,007   9,207 20,800
3,456   3,004 452
3,185   186 2,999
3,501   2,304 1,197
110   40 70
1,288   709 579
2,945   578 2,367
3,215   1,399 1,816
98   56 42
1,144   991 153
3,177   1,694 1,483
3,599   3,360 239
3,345   4,799 -1,454
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       24
b       261
c       -3
d       139
e       55
      35
      294
      -2
      0
      221
      255
      -367
      87
      -67
      218
      502
      8
      282
      155
      173
      21
      114
      220
      424
      128
      63
      47
      77
      1,177
      236
      -6
      1,093
      -23
      333
      17
      -200
      -47
      -19
      -7
      410
      831
      -562
      -203
      -151
      -113
      -283
      -458
      -322
      -710
      519
      -23
      -22
      -19
      139
      1,452
      277
      207
      135
      72
      -156
      -35
      -95
      -69
      -12
      -7
      224
      215
      533
      105
      677
      -534
      -372
      -272
      -60
      -136
      283
      299
      207
      431
      85
      568
      126
      452
      342
      563
      461
      418
      1,014
      83
      85
      -146
      535
      265
      309
      56
      39
      437
      3,123
      57
      46
      -134
      -54
      -58
      -53
      -17
      3
      -5
      -9
      26
      59
      36
      179
      146
      36
      73
      93
      120
      21
      172
      193
      2,770
      154
      10
      690
      142
      189
      103
      24
      222
      144
      161
      731
      619
      135
      155
      19
      160
      370
      93
      3
      16
      -3
      -19
      11
      -21
      15
      16
      51
      1,393
      208
      -91
      -92
      -91
      -175
      -91
      -150
      -79
      -141
      -56
      -186
      -136
      -62
      -41
      -41
      -22
      205
      83
      2,368
      67
      125
      384
      781
      362
      106
      260
      201
      5
      10
      36
      252
      876
      141
      149
      281
      143
      121
      312
      363
      217
      285
      665
      611
      383
      764
      297
      1,299
      2,801
      749
      241
      281
      314
      268
      481
      211
      846
      311
      460
      567
      1,728
      181
      183
      1,328
      1,392
      1,332
      104
      64
      109
      1,714
      69
      97
      75
      19
      81
      285
      269
      225
      7
      17
      214
      267
      66
      157
      51
      93
      246
      195
      288
      452
      210
      62
      168
      170
      228
      115
      445
      135
      57
      220
      171
      236
      26
      -4,037
      20,800
      452
      2,999
      1,197
      70
      579
      2,367
      1,816
      42
      153
      1,483
      239
      -1,454
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 85,111
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  
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 1,001
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 1,001
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 1,001
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,005
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 ofbulletTHALIA CHOY Telephone no.bullet (808) 946-8183

    Located atbullet2050 OKIKA PLACEHONOLULUHI ZIP+4bullet96822
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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
    THALIA CHOY PRESIDENT/DIRECTOR
    1.00     		11,443 0 0
    2050 OKIKA PLACE
    HONOLULU,HI96822
    DARRYL CHOY V.P./DIRECTOR
    0.00     		0 0 0
    2050 OKIKA PLACE
    HONOLULU,HI96822
    DEVIN CHOY TREAS/DIRECTOR
    0.00     		0 0 0
    2050 OKIKA PLACE
    HONOLULU,HI96822
    DENALEE CHOY SECTY/DIRECTOR
    0.00     		0 0 0
    2050 OKIKA PLACE
    HONOLULU,HI96822
    DATHAN CHOY DIRECTOR
    0.00     		0 0 0
    2050 OKIKA PLACE
    HONOLULU,HI96822
    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 0
    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.............bullet0
    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.........................bullet0
    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
    1,152,634
    b
    Average of monthly cash balances.......................
    1b
    22,854
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,175,488
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,175,488
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    17,632
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,157,856
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    57,893
    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
    57,893
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,001
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,001
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    56,892
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    56,892
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    56,892
    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
    52,002
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    52,002
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    52,002
    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 56,892
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 48,537
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 52,002
    a Applied to 2019, but not more than line 2a 48,537
    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..... 3,465
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		53,427
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    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:
    THALIA CHOY LARRY AND BEATRICE CHIN
    2050 OKIKA PLACE
    HONOLULU,HI96822
    (808) 946-8183
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS THAT APPLY SHOULD DO SO IN WRITING PREFERABLY USING THEIR OWN LETTERHEAD.
    cAny submission deadlines:
    APPLICATIONS FOR GRANTS OR CONTRIBUTIONS MAY BE SUBMITTED AT ANY TIME.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IN AWARDING GRANTS OR CONTRIBUTIONS, THE FOUNDATION GIVES PREFERENCES TO ORGANIZATIONS IN HAWAII. CONTRIBUTIONS ARE MADE FOR CHARITABLE, SCIENTIFIC, LITERARY, CIVIC, RELIGIOUS, BENEVOLENT, EDUCATIONAL & PHILANTHROPIC PURPOSES.
    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
    AGC EDUCATION & RESEARCH FOUNDATION
    2300 WILSON BLVD STE 400
    ARLINGTON,VA22201     		NONE PC SCHOLARSHIPS 5,000
    ALANA DUNG MEDICAL RESEARCH FUND
    3468 WAIALAE AVE 234
    HONOLULU,HI96816     		NONE PC MEDICAL RESEARCH 200
    AMERICAN CANCER SOCIETY
    2370B NUUANU AVE
    HONOLULU,HI96817     		NONE PC MEDICAL RESEARCH 200
    AMERICAN LUNG ASSOCIATION OF HAWAII
    201 MERCHANT ST 901
    HONOLULU,HI96813     		NONE PC EDUCATIONAL PROGRAMS 200
    ARTHRITIS FOUNDATION-HAWAII CHAPTER
    2752 WOODLAWN DR 5-204B
    HONOLULU,HI96822     		NONE PC MEDICAL RESEARCH 200
    BISHOP MUSEUM
    PO BOX 19000-A
    HONOLULU,HI96817     		NONE PC CULTURAL PROGRAMS 1,000
    CHINESE CHAMBER OF COMMERCE
    8 S KING ST STE 201
    HONOLULU,HI96813     		NONE PC CAPITAL FUND 300
    EASTER SEALS SOCIETY OF HAWAII
    710 GREEN ST
    HONOLULU,HI96813     		NONE PC EDUCATIONAL PROGRAMS 200
    GCA EDUCATION FOUNDATION
    1065 AHUA ST
    HONOLULU,HI96819     		NONE PC EDUCATIONAL PROGRAMS 1,000
    HAWAII COMMUNITY FOUNDATION
    827 FORT STREET MALL
    HONOLULU,HI96813     		NONE PC SCHOLARSHIPS 500
    HAWAII FOODBANK
    2611 KILIHAU ST
    HONOLULU,HI96819     		NONE PC PROVIDE FOOD TO THE COMMUNITY 1,500
    HAWAII HERITAGE CENTER
    PO BOX 37520
    HONOLULU,HI96837     		NONE PC EDUCATIONAL PROGRAMS 20,000
    HAWAII HISTORIC ARMS ASSOCIATION
    PO BOX 1733
    HONOLULU,HI96806     		NONE PC CIVIC PROGRAMS 500
    HAWAII PACIFIC UNIVERSITY
    1166 FORT STREET MALL FL 2
    HONOLULU,HI96813     		NONE PC EDUCATIONAL PROGRAMS 300
    HAWAII PUBLIC RADIO
    738 KAHEKA ST STE 101
    HONOLULU,HI96814     		NONE PC EDUCATIONAL PROGRAMS 300
    HAWAII PUBLIC TELEVISION
    PO BOX 11599
    HONOLULU,HI96828     		NONE PC EDUCATIONAL PROGRAMS 300
    HELEMANO PLANTATION (ORI ANUENUE HALE)
    64-1570 KAMEHAMEHA HWY
    WAHIAWA,HI96786     		NONE PC EDUCATIONAL PROGRAMS 6,000
    HONGWANJI MISSION SCHOOL
    1728 PALI HWY
    HONOLULU,HI96817     		NONE PC EDUCATIONAL PROGRAMS 2,200
    HONOLULU MUSEUM OF ART
    900 S BERETANIA ST
    HONOLULU,HI96814     		NONE PC EDUCATIONAL PROGRAMS 350
    INSTITUTE FOR HUMAN SERVICES
    546 KAAAHI ST
    HONOLULU,HI96817     		NONE PC SOCIAL SERVICES 300
    KUAKINI FOUNDATION
    347 KUAKINI ST
    HONOLULU,HI96817     		NONE PC CAPITAL FUND 200
    MARCH OF DIMES
    1451 S KING ST
    HONOLULU,HI96814     		NONE PC MEDICAL RESEARCH 200
    MID-PACIFIC INSTITUTE
    2445 KAALA ST
    HONOLULU,HI96822     		NONE PC ANNUAL FUND 200
    PALAMA SETTLEMENT
    810 N VINEYARD BLVD
    HONOLULU,HI96817     		NONE PC EDUCATIONAL PROGRAMS 200
    PALOLO CHINESE HOME
    2459 10TH AVE
    HONOLULU,HI96816     		NONE PC CAPITAL FUND 500
    PUNAHOU SCHOOL FOUNDATION
    1601 PUNAHOU ST
    HONOLULU,HI96822     		NONE PC CAPITAL FUND 2,250
    RED CROSS
    4155 DIAMOND HEAD RD
    HONOLULU,HI96816     		NONE PC FOOD AND SHELTER 500
    REHAB FOUNDATION
    226 N KUAKINI ST
    HONOLULU,HI96817     		NONE PC REHABILITATION SERVICES 500
    RONALD MCDONALD HOUSE CHARITIES
    PO BOX 61777
    HONOLULU,HI96839     		NONE PC SUPPORT SERVICES 200
    THE SALVATION ARMY
    PO BOX 620
    HONOLULU,HI96809     		NONE PC EDUCATIONAL PROGRAMS 300
    UNIVERSITY OF HAWAII FOUNDATION - COLLEGE OF ENGINEERING
    PO BOX 11270
    HONOLULU,HI96828     		NONE PC SCHOLARSHIPS 500
    UNIVERSITY OF HAWAII FOUNDATION - MEDICAL SCHOOL
    PO BOX 11270
    HONOLULU,HI96828     		NONE PC EDUCATIONAL PROGRAMS 1,000
    UNIVERSITY OF HAWAII FOUNDATION - SCHOOL OF ARCHITECTURE
    PO BOX 11270
    HONOLULU,HI96828     		NONE PC EDUCATIONAL PROGRAMS 500
    US CHINA PEOPLES FRIENDSHIP ASSOCIATION
    1268 YOUNG ST 301
    HONOLULU,HI96814     		NONE PC EDUCATIONAL PROGRAMS 500
    YMCA-KALIHI BRANCH
    1355 KALIHI ST
    HONOLULU,HI96819     		NONE PC BUILDING FUND 500
    Total .................................bullet 3a 48,600
    bApproved for future payment
    Total .................................bullet 3b 0
    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 59  
    4 Dividends and interest from securities....     14 16,120  
    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 85,111  
    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).. 0 101,290 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    101,290
    (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.)
    4 INVESTMENT INCOME.
    8 GAIN/LOSS ON SALE OF INVESTMENTS.
    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:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 1,047 524   524

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MSDW/UBS CORPORATE SECURITIES 700,804 1,279,734

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MSDW LIQUID ASSET ACCOUNTS AT COST 16,724 16,724

    TY 2020 OtherDecreasesSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Description Amount
    MEALS & ENTERTAINMENT (50%) 104
    PENALTY 12


    TY 2020 OtherExpensesSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES & PERMITS 3 0   0
    POSTAGE & DELIVERY 17 0   17
    MEALS & ENTERTAINMENT (50%) 104 0   0
    OFFICE SUPPLIES 22 0   0


    TY 2020 OtherIncreasesSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Description Amount
    FEDERAL INCOME TAX REFUND 1,170


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 19,643 19,643   0


    TY 2020 TaxesSchedule
    Name:
    LARRY AND BEATRICE CHING FOUNDATION
    EIN:
    99-6003722
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 541 541   0