TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

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

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 12-01-2020 , and ending 11-30-2021

Name of foundation
PAUL BAO-HO AND MEI-YEA LIAO
CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1001
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MERCER ISLAND, WA980409804

A Employer identification number

27-4390027

B Telephone number (see instructions)

(206) 963-8885

C If exemption application is pending, check here bullet

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

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

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

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

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

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

$1,646,271J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	150		150
4	Dividends and interest from securities...	32,502		32,502
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		167,680
b	Gross sales price for all assets on line 6a 1,480,959
7	Capital gain net income (from Part IV, line 2)...			167,680
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........	200,332		200,332
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		851	851
b	Accounting fees (attach schedule).......		4,362	4,362
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		10,319	509
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		9,208	9,208
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,740		14,930	0
25	Contributions, gifts, grants paid.......	60,500			60,500
26	Total expenses and disbursements. Add lines 24 and 25	85,240		14,930	60,500
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	115,092
b	Net investment income (if negative, enter -0-)			185,402
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	36,740	31,345	31,345
	2	Savings and temporary cash investments.........	57,025	17,807	17,087
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,208,575	1,368,916	1,597,839
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,302,340	1,418,068	1,646,271
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	1,302,340	1,418,068
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	1,302,340	1,418,068
	30	Total liabilities and net assets/fund balances (see instructions).	1,302,340	1,418,068

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

1,302,340

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

115,092

Other increases not included in line 2 (itemize) bullet

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

1,417,432

Decreases not included in line 2 (itemize) bullet

-636

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

1,418,068

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	CASH IN LIEU AARONS CO INC.	P	2019-11-14	2020-12-04
b	APPLE INC	P	2021-02-12	2021-03-12
c	DIAGEO PLC	P	2021-02-12	2021-10-06
d	INTERCONTINENTAL EXCHANGE	P	2021-02-12	2021-08-18
e	ASAHI BREWERIES	P	2021-02-15	2021-03-18
	PAYPAL HOLDINGS INC	P	2021-02-12	2021-03-12
	REPLIGEN CORP	P	2021-01-22	2021-05-13
	TENCENT HOLDINGS LTD	P	2021-02-12	2021-08-04
	TENCENT HOLDINGS LTD	P	2021-02-16	2021-07-23
	ALLSTATE CORP/THE	P	2015-07-17	2021-02-12
	DUKE ENERGY CORP	P	2015-10-08	2021-02-12
	INTERNATIONAL PAPER CO	P	2016-05-06	2021-02-12
	PFIZER INC	P	2016-07-14	2021-02-12
	SOUTHERN CO/THE	P	2018-06-25	2021-02-12
	AT&T	P	2020-04-16	2021-02-12
	APPLE INC	P	2021-02-12	2021-10-06
	DIGITAL REALTY TRUST INC	P	2020-04-16	2021-02-12
	INTERNATIONAL BUSINESS MACHINES	P	2020-04-16	2021-02-12
	ASAHI BREWERIES	P	2021-02-15	2021-03-19
	ROCHE HLDGS	P	2021-02-15	2021-04-07
	ROCHE HLDG LTD SPONSORED ADR	P	2021-02-12	2021-03-05
	3M CO	P	2020-03-19	2021-02-12
	AMDOCS LTD	P	2020-08-19	2021-02-12
	ALLSTATE CORP/THE	P	2019-01-14	2021-02-12
	DUKE ENERGY CORP	P	2016-07-14	2021-02-12
	INTERNATIONAL PAPER CO	P	2016-05-09	2021-02-12
	PFIZER INC	P	2018-06-25	2021-02-12
	TRUIST FINL CORP	P	2018-10-30	2021-02-12
	ABBOT LABORATORIES	P	2021-02-12	2021-03-05
	APPLIED MATERIALS	P	2020-05-19	2021-02-12
	WALT DISNEY CO/THE	P	2021-02-12	2021-10-06
	INTERNATIONAL PAPER CO	P	2020-04-16	2021-02-12
	DBS GROUP HLDGS	P	2021-02-15	2021-10-07
	ROCHE HLDGS	P	2021-02-15	2021-10-07
	ROCHE HLDG LTD SPONSORED ADR	P	2021-02-12	2021-05-10
	3M CO	P	2020-04-16	2021-02-12
	ATLASSIAN CORP PLC	P	2021-02-12	2021-03-12
	BRISOL-MYERS SQUIBB CO	P	2018-12-14	2021-02-12
	DUKE ENERGY CORP	P	2018-06-25	2021-02-12
	INTERNATIONAL PAPER CO	P	2016-07-14	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2015-07-17	2021-02-12
	VALERO ENERGY CORP	P	2017-03-08	2021-02-12
	ABBOT LABORATORIES	P	2021-01-22	2021-10-06
	BAXTER INTERNATIONAL INC	P	2021-02-12	2021-03-05
	DUKE ENERGY CORP	P	2020-04-16	2021-02-12
	INTERNATIONAL PAPER CO	P	2020-09-15	2021-02-12
	FANUC	P	2021-02-15	2021-10-07
	PFIZER INC	P	2020-04-16	2021-02-12
	SPDR S&P BIOTECH ETF	P	2021-02-12	2021-03-05
	TRUIST FINL CORP	P	2020-09-15	2021-02-12
	APTIV PLC	P	2021-02-12	2021-05-06
	BRISTOL-MYERS SQUIBB CO	P	2019-01-14	2021-02-12
	EOG RESOURCES INC	P	2019-10-22	2021-02-12
	INTERNATIONAL PAPER CO	P	2018-06-25	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2016-07-14	2021-02-12
	VALERO ENERGY CORP	P	2018-06-28	2021-02-12
	ABBVIE INC	P	2020-04-16	2021-02-12
	BERKSHIRE HATHAWAY INC	P	2021-05-13	2021-10-06
	EMERSON ELECTRIC CO	P	2020-05-06	2021-02-12
	JP MORGAN CHASE	P	2020-04-16	2021-02-12
	NETAPP INC	P	2020-04-16	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2020-04-16	2021-02-12
	SEMPRA ENERGY	P	2020-08-19	2021-02-12
	US BANCORP	P	2020-06-19	2021-02-12
	APTIV PLC	P	2021-02-12	2021-09-22
	CARDINAL HEALTH INC	P	2019-01-25	2021-02-12
	ENBRIDGE INC	P	2016-06-22	2021-02-12
	INTERPUBLIC GROUP OF COS INC/THE	P	2019-09-24	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2018-06-25	2021-02-12
	VERIZON COMMUNICATIONS	P	2015-07-17	2021-02-12
	ADOBE SYSTEM	P	2021-02-12	2021-03-05
	BLACKSTONE GROUP	P	2021-02-12	2021-10-06
	ENBRIDGE INC	P	2020-04-16	2021-02-12
	L3HARRIS TECHNOLOGIES	P	2020-06-19	2021-02-12
	KEYENCE CORP	P	2021-02-15	2021-03-01
	PROCTER & GAMBLE	P	2021-02-12	2021-04-06
	SIMON PROPERTY GROUP INC	P	2020-02-14	2021-02-12
	US BANCORP	P	2020-09-15	2021-02-12
	ASML HOLDINGS	P	2021-02-12	2021-05-13
	CHEVRONTEXACO CORP	P	2018-08-15	2021-02-12
	ENBRIDGE INC	P	2016-06-23	2021-02-12
	JP MORGAN CHASE & CO	P	2019-07-15	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2018-07-05	2021-02-12
	VERIZON COMMUNICATIONS	P	2016-07-14	2021-02-12
	ALIBABA GROUP	P	2021-02-12	2021-07-22
	BROADCOM INC	P	2021-02-12	2021-03-12
	EXXON MOBIL CORP	P	2020-04-16	2021-02-12
	LVMH MOET HENNESSY LOUIS VUITTON	P	2021-02-12	2021-07-02
	NEXTERA ENERGY INC	P	2021-02-12	2021-10-06
	PRUDENTIAL FINANCIAL	P	2020-04-16	2021-02-12
	SOUTHERN CO	P	2020-04-16	2021-02-12
	UNITED PARCEL SERVICE INC	P	2020-03-10	2021-02-12
	AT&T INC	P	2015-07-17	2021-02-12
	CHEVRONTEXACO CORP	P	2018-08-15	2021-02-12
	ENBRIDGE INC	P	2018-09-13	2021-02-12
	KROGER CO/THE	P	2019-07-15	2021-02-12
	PHILIP MORRIS INTERNATIONAL INC	P	2019-01-25	2021-02-12
	VERIZON COMMUNICATIONS	P	2017-03-15	2021-02-12
	ALIBABA GROUP	P	2021-02-12	2021-07-27
	BROADCOM INC	P	2021-02-12	2021-05-13
	FACEBOOK INC	P	2021-02-12	2021-07-02
	LVMH MOET HENNESSY LOUIS VUITTON	P	2021-02-12	2021-09-22
	NIDEC CORP	P	2021-02-15	2021-03-15
	QUALCOMM INC	P	2020-04-16	2021-02-12
	TAIWAN SEMICONDUCTOR MFG	P	2021-02-12	2021-07-22
	UNITED PARCEL SERVICE INC	P	2020-04-16	2021-02-12
	AT&T INC	P	2016-07-14	2021-02-12
	CHEVRONTEXACO CORP	P	2018-08-15	2021-05-10
	EXXON MOBIL CORP	P	2020-02-03	2021-02-12
	MERCK & CO INC	P	2020-01-17	2021-02-12
	PROG HLDGS INC	P	2019-11-14	2021-02-12
	VERIZON COMMUNICATIONS	P	2017-05-11	2021-02-12
	ALIBABA GROUP	P	2021-02-12	2021-10-08
	CARDINAL HEALTH	P	2020-04-16	2021-02-12
	FOX CORP	P	2020-05-19	2021-02-12
	LVMH MOET HENNESSY LOUIS VUITTON	P	2021-02-12	2021-09-23
	NIDEC CORP	P	2021-02-15	2021-05-07
	QUEST DIAGNOSTICS INC	P	2020-09-17	2021-02-12
	TARGET CORP	P	2021-02-12	2021-02-22
	UNITEDHEALTH GROUP INC	P	2021-02-12	2021-10-06
	AT&T INC	P	2017-09-19	2021-02-12
	CHEVRONTEXACO CORP	P	2018-08-15	2021-05-10
	EXXON MOBIL CORP	P	2020-02-04	2021-02-12
	MERCK & CO INC	P	2020-01-17	2021-02-12
	PRUDENTIAL FINANCIAL INC	P	2019-11-12	2021-02-12
	VERIZON COMMUNICATIONS	P	2018-06-25	2021-02-12
	ALPHABET INC	P	2021-03-17	2021-07-02
	CARMAX	P	2021-02-12	2021-07-12
	GILEAD SCIENCES	P	2020-04-16	2021-02-12
	MASTERCARD INC	P	2021-02-12	2021-02-19
	NIDEC CORP	P	2021-02-15	2021-08-19
	REPLIGEN CORP	P	2021-02-12	2021-03-05
	TELADOC INC	P	2021-02-12	2021-02-26
	VF CORP	P	2020-06-19	2021-02-12
	AT&T INC	P	2018-06-25	2021-02-12
	CISCO SYSTEMS INC	P	2019-10-22	2021-02-12
	GENERAL DYNAMICS CORP	P	2019-01-14	2021-02-12
	MORGAN STANLEY	P	2019-05-20	2021-02-12
	PRUDENTIAL FINANCIAL INC	P	2019-11-13	2021-02-12
	VERIZON COMMUNICATIONS	P	2019-01-14	2021-02-12
	ANALOG DEVICES	P	2020-09-17	2021-02-12
	CARMAX	P	2021-02-12	2021-07-13
	HILL ROM HLDGS	P	2021-02-12	2021-03-17
	MASTERCARD INC	P	2021-02-12	2021-05-13
	NVIDIA CORP	P	2021-02-12	2021-03-05
	REPLIGEN CORP	P	2021-02-12	2021-03-05
	TELADOC INC	P	2021-02-12	2021-04-06
	VALERO ENERGY CORP	P	2020-04-16	2021-02-12
	AT&T INC	P	2018-11-13	2021-02-12
	CONSTELLATION BRANDS INC	P	2019-01-15	2021-02-12
	GENERAL DYNAMICS CORP	P	2018-01-18	2021-02-12
	NETAPP INC	P	2019-08-07	2021-02-12
	QUALCOMM INC	P	2017-09-19	2021-02-12
	LYONDELLBASELL INDUSTRIES NV	P	2019-02-15	2021-02-12
	ANTHEM INC	P	2020-03-18	2021-02-12
	CISCO SYSTEMS INC	P	2020-10-29	2021-02-12
	HILL ROM HLDGS	P	2021-02-12	2021-03-17
	MASTERCARD INC	P	2021-02-12	2021-10-06
	OREILLY AUTOMOTIVE INC	P	2020-11-18	2021-02-12
	REPLIGEN CORP	P	2021-02-12	2021-05-10
	TELADOC INC	P	2021-02-12	2021-05-06
	VERIZON COMMUNICATIONS	P	2020-04-16	2021-02-12
	AARONS CO INC	P	2019-11-14	2021-02-12
	DIGITAL REALTY TRUST INC	P	2015-07-17	2021-02-12
	GENERAL DYNAMICS CORP	P	2020-01-17	2021-02-12
	NETAPP INC	P	2019-08-08	2021-02-12
	QUALCOMM INC	P	2018-06-25	2021-02-12
	APPLE INC	P	2021-02-12	2021-02-19
	CITIGROUP INC	P	2021-02-12	2021-10-06
	HILL ROM HLDGS	P	2021-02-12	2021-03-18
	MCDONALDS CORP	P	2021-02-12	2021-05-10
	ORGANON & CO	P	2021-05-10	2021-07-12
	REPLIGEN CORP	P	2021-02-12	2021-05-11
	TELADOC INC	P	2021-01-29	2021-05-10
	VISA INC	P	2021-02-12	2021-05-10
	ABBVIE INC	P	2015-12-22	2021-02-12
	DIGITAL REALTY TRUST INC	P	2016-07-14	2021-02-12
	GILEAD SCIENCES INC	P	2020-01-28	2021-02-12
	ORGANON & CO	P	2020-02-07	2021-07-12
	QUALCOMM INC	P	2019-01-25	2021-02-12
	APPLE INC	P	2021-02-12	2021-02-26
	CITRIX SYSTEMS INC	P	2020-11-18	2021-02-12
	HILL ROM HLDGS	P	2021-02-12	2021-03-19
	MCDONALDS CORP	P	2021-02-12	2021-05-10
	ORGANON & CO	P	2021-05-10	2021-07-12
	REPLIGEN CORP	P	2021-02-12	2021-05-11
	TELADOC INC	P	2021-02-12	2021-05-10
	WERNER ENTERPRISES INC	P	2020-11-18	2021-02-12
	ABBVIE INC	P	2016-07-14	2021-02-12
	DIGITAL REALTY TRUST INC	P	2018-06-25	2021-02-12
	INTERNATIONAL BUSINESS MACHINES CORP	P	2017-05-09	2021-02-12
	ORGANON & CO	P	2020-02-07	2021-07-12
	SOUTHERN CO/THE	P	2015-07-17	2021-02-12
	APPLE INC	P	2021-02-12	2021-03-12
	DEXCOM INC	P	2021-02-12	2021-05-13
	HOME DEPOT INC	P	2021-02-12	2021-07-12
	MICROSOFT CORP	P	2021-02-12	2021-10-06
	ORGANON & CO	P	2021-05-10	2021-08-26
	REPLIGEN CORP	P	2021-02-12	2021-05-11
	TELADOC INC	P	2021-02-12	2021-05-13
	PROSUS	P	2021-02-12	2021-07-28
	ABBVIE INC	P	2018-06-25	2021-02-12
	DUKE ENERGY CORP	P	2015-10-07	2021-02-12
	INTERNATIONAL BUSINESS MACHINES CORP	P	2018-06-25	2021-02-12
	PFIZER INC	P	2015-07-17	2021-02-12
	SOUTHERN CO/THE	P	2016-07-14	2021-02-12

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	9	8	1
b	359	359
c	190	167	23
d	4,765	4,540	225
e	4,642	4,551	91
	996	996
	1,018	1,604	-586
	5,399	9,136	-3,737
	1,331	1,874	-543
	13,698	8,839	4,859
	14,460	11,717	2,743
	1,525	1,307	218
	906	907	-1
	1,621	1,253	368
	4,340	4,532	-192
	279	269	10
	5,088	5,100	-12
	3,618	3,467	151
	2,488	2,447	41
	2,274	2,464	-190
	2,465	2,685	-220
	27,364	21,160	6,204
	16,166	12,687	3,479
	627	503	124
	359	339	20
	28,577	24,698	3,879
	244	241	3
	31,306	27,717	3,589
	4,550	4,550
	24,426	11,804	12,622
	173	189	-16
	3,886	2,396	1,490
	201	178	23
	379	352	27
	2,908	3,081	-173
	3,376	2,746	630
	1,132	1,271	-139
	13,156	11,451	1,705
	718	629	89
	246	221	25
	22,237	22,233	4
	27,468	28,831	-1,363
	230	279	-49
	2,941	2,981	-40
	3,682	3,577	105
	8,214	6,949	1,265
	201	270	-69
	3,728	3,631	97
	4,481	5,484	-1,003
	11,975	8,801	3,174
	1,547	1,699	-152
	180	144	36
	12,218	14,208	-1,990
	197	210	-13
	171	207	-36
	128	218	-90
	4,886	3,886	1,000
	276	287	-11
	39,863	25,768	14,095
	18,298	11,375	6,923
	6,137	3,564	2,573
	4,789	4,198	591
	12,273	12,565	-292
	34,532	27,936	6,596
	1,309	1,390	-81
	34,064	32,105	1,959
	9,202	9,373	-171
	16,095	13,998	2,097
	599	557	42
	25,343	22,242	3,101
	3,931	3,931
	224	141	83
	3,669	3,054	615
	5,224	5,171	53
	1,442	1,657	-215
	1,092	1,015	77
	11,744	15,092	-3,348
	11,384	8,941	2,443
	1,245	1,202	43
	5,867	5,867
	16,757	17,155	-398
	17,031	13,804	3,227
	5,730	5,472	258
	326	336	-10
	1,289	1,615	-326
	1,794	1,794
	3,510	2,743	767
	2,202	1,803	399
	317	335	-18
	3,969	2,571	1,398
	4,564	4,217	347
	23,493	13,048	10,445
	19,918	24,276	-4,358
	183	183
	3,080	3,045	35
	13,812	9,037	4,775
	9,151	7,796	1,355
	12,672	11,616	1,056
	2,195	3,230	-1,035
	1,293	1,449	-156
	2,839	2,157	682
	301	258	43
	3,074	3,711	-637
	7,340	3,825	3,515
	1,514	1,811	-297
	6,852	4,235	2,617
	201	300	-99
	11,962	12,798	-836
	12,036	14,554	-2,518
	8,089	9,838	-1,749
	13,891	15,065	-1,174
	218	184	34
	2,264	3,769	-1,505
	4,284	4,049	235
	13,584	11,667	1,917
	915	773	142
	1,917	2,427	-510
	14,074	12,450	1,624
	2,450	2,483	-33
	390	330	60
	5,260	6,991	-1,731
	3,217	3,437	-220
	15,847	19,136	-3,289
	4,718	4,718
	13,932	16,053	-2,121
	109	99	10
	2,498	2,090	408
	6,631	6,180	451
	4,536	5,154	-618
	1,354	1,361	-7
	1,666	2,141	-475
	3,329	3,329
	1,764	1,764
	15,252	12,149	3,103
	1,092	1,210	-118
	13,848	14,026	-178
	330	328	2
	299	185	114
	17,901	20,492	-2,591
	272	290	-18
	17,745	12,778	4,967
	8,860	8,451	409
	878	866	12
	2,886	2,723	163
	3,455	4,274	-819
	1,301	1,301
	914	1,436	-522
	3,513	2,465	1,048
	7,933	8,421	-488
	18,471	12,324	6,147
	10,063	12,676	-2,613
	20,364	13,489	6,875
	7,194	2,562	4,632
	9,532	8,746	786
	12,143	8,372	3,771
	35,562	26,954	8,608
	110	108	2
	343	340	3
	13,387	14,278	-891
	6,657	8,609	-1,952
	1,805	3,447	-1,642
	4,568	4,814	-246
	2,583	2,131	452
	26,149	12,418	13,731
	2,475	2,732	-257
	28,454	19,380	9,074
	881	340	541
	1,432	1,432
	285	255	30
	1,527	1,516	11
	6,873	6,211	662
	30	38	-8
	1,576	2,039	-463
	1,130	2,848	-1,718
	4,788	4,405	383
	35,764	19,840	15,924
	424	324	100
	36,086	34,916	1,170
	98	140	-42
	25,251	8,872	16,379
	991	991
	16,421	14,494	1,927
	2,914	2,923	-9
	1,662	1,499	163
	80	102	-22
	702	906	-204
	7,911	16,197	-8,286
	14,431	14,421	10
	1,352	831	521
	1,272	970	302
	28,824	36,381	-7,557
	89	128	-39
	34,468	25,021	9,447
	359	359
	1,300	1,619	-319
	5,138	4,458	680
	289	244	45
	3	4	-1
	350	453	-103
	1,855	4,021	-2,166
	3,232	5,120	-1,888
	1,248	1,114	134
	13,921	11,305	2,616
	482	557	-75
	28,154	26,809	1,345
	300	267	33

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			1
b
c			23
d			225
e			91

			-586
			-3,737
			-543
			4,859
			2,743
			218
			-1
			368
			-192
			10
			-12
			151
			41
			-190
			-220
			6,204
			3,479
			124
			20
			3,879
			3
			3,589

			12,622
			-16
			1,490
			23
			27
			-173
			630
			-139
			1,705
			89
			25
			4
			-1,363
			-49
			-40
			105
			1,265
			-69
			97
			-1,003
			3,174
			-152
			36
			-1,990
			-13
			-36
			-90
			1,000
			-11
			14,095
			6,923
			2,573
			591
			-292
			6,596
			-81
			1,959
			-171
			2,097
			42
			3,101

			83
			615
			53
			-215
			77
			-3,348
			2,443
			43

			-398
			3,227
			258
			-10
			-326

			767
			399
			-18
			1,398
			347
			10,445
			-4,358

			35
			4,775
			1,355
			1,056
			-1,035
			-156
			682
			43
			-637
			3,515
			-297
			2,617
			-99
			-836
			-2,518
			-1,749
			-1,174
			34
			-1,505
			235
			1,917
			142
			-510
			1,624
			-33
			60
			-1,731
			-220
			-3,289

			-2,121
			10
			408
			451
			-618
			-7
			-475


			3,103
			-118
			-178
			2
			114
			-2,591
			-18
			4,967
			409
			12
			163
			-819

			-522
			1,048
			-488
			6,147
			-2,613
			6,875
			4,632
			786
			3,771
			8,608
			2
			3
			-891
			-1,952
			-1,642
			-246
			452
			13,731
			-257
			9,074
			541

			30
			11
			662
			-8
			-463
			-1,718
			383
			15,924
			100
			1,170
			-42
			16,379

			1,927
			-9
			163
			-22
			-204
			-8,286
			10
			521
			302
			-7,557
			-39
			9,447

			-319
			680
			45
			-1
			-103
			-2,166
			-1,888
			134
			2,616
			-75
			1,345
			33

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	167,680
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	77,852

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	2,577
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	2,577
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	2,577
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	2,552
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	3,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,552
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,975
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax2,975	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

DAHLIA LIAO Telephone no. bullet

(425) 649-1554

Located at bullet

11911 NE 1ST STREETSUITE 304BELLEVUEWA ZIP+4 bullet

98005

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

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

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

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
DAHLIA LIAO MAK	VICE PRESIDE 000.00	0	0	0
11911 NE 1ST STREET SUITE 304 BELLEVUE,WA98005	VICE PRESIDE 000.00	0	0	0
MEI-YEA LIAO	DIRECTOR 000.00	0	0	0
11911 NE 1ST STREET SUITE 304 BELLEVUE,WA98005	DIRECTOR 000.00	0	0	0
DARLENE LIAO	PRESIDENT 000.00	0	0	0
11911 NE 1ST STREET SUITE 304 BELLEVUE,WA98005	PRESIDENT 000.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

1,470,360

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

96,090

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

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

1,566,450

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

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

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

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

1,566,450

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

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

23,497

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

1,542,953

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

77,148

Part XI

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

and do not complete this part.)

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

77,148

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

2,577

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

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

2,577

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

74,571

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

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

74,571

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

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

74,571

Part XII

Qualifying Distributions (see instructions)

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

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

60,500

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

60,500

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

60,500

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7			74,571
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......	69,573
b From 2016......	17,621
c From 2017......	44,246
d From 2018......	32,071
e From 2019......	6,465
fTotal of lines 3a through e........		169,976
4Qualifying distributions for 2020 from Part
XII, line 4: $ 60,500
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.....			60,500
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.		14,071	14,071
(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		155,905
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) ...		55,502
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		100,403
10 Analysis of line 9:
a Excess from 2016....	17,621
b Excess from 2017....	44,246
c Excess from 2018....	32,071
d Excess from 2019....	6,465
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

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

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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

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

cAny submission deadlines:

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

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NORTHWEST HARVEST PO BOX 12272 SEATTLE,WA98102	N/A	PC	FOOD BANK	5,000
STANWOOD-CAMANO AREA FOUNDATION MARTY DIRKS FUND PO BOX 1209 STANWOOD,WA98292	N/A	PC	COMMUNITY BUILDING	500
UNIVERSITY OF WASHINGTON FOUNDATION PATIENT SAFETY RESEARCH 4333 BROOKLYN AVE NE SEATTLE,WA98105	N/A	PC	EDUCATION	20,000
SEATTLE CHILDREN'S FOUNDATION GREATEST NEED M/S 818-F PO BOX 5371 SEATTLE,WA981455005	N/A	PC	HEALTHCARE	10,000
UNITED NATIONS CHILDREN'S FUND HAITI EDUCATION 125 MAIDEN LANE NEW YORK,NY10038	N/A	PC	EDUCATION	5,000
UNIVERSITY OF WASHINGTON FOUNDATION DEMENTIA CARE/NURSING 4333 BROOKLYN AVE NE SEATTLE,WA98105	N/A	PC	EDUCATION	20,000
Total ................................. 3a				60,500

bApproved for future payment

Total ................................. 3b

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........					150
4 Dividends and interest from securities....					32,502
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 ............					167,680
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)..					200,332

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

200,332

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LUBY & THOMSON	4,362	4,362

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Name of Stock	End of Year Book Value	End of Year Fair Market Value
SW XX XXXX-5048
SW XX XXXX-7900
BANK OF AMERICA XX-X-XXX-XX61543	1,368,916	1,597,839

- TIN:

TY 2020 LegalFeesSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CHANG LAW	851	851

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Description	Amount
BASIS ADJUSTMENT BANK OF AMERICA	-636

- TIN:

TY 2020 OtherExpensesSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Description	Revenue and Expenses per Books	Net Investment Income
EXPENSES
ADVISORY FEES 7900	478	478
ADVISORY FEES 5048	205	205
ADVISORY FEES BOFA JAN-NOV 20	8,510	8,510
MISC. BOFA JAN-NOV 2021	15	15

- TIN:

TY 2020 TaxesSchedule

Name:

PAUL BAO-HO AND MEI-YEA LIAO

CHARITABLE FOUNDATION

EIN:

27-4390027

Category	Amount	Net Investment Income
FOREIGN TAXES PAID 7900	89	89
IRS TAXES	9,810
FOREIGN TAX PAID BOFA JAN-NOV 20	420	420