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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
BOB HONG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)955 MASSACHUSEETS AVE 360
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CAMBRIDGE, MA02139
A Employer identification number

04-6911786
B Telephone number (see instructions)

(650) 210-5000
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$3,115,130
J 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) 1,544,214
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 14,950 14,948  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 163,978
b Gross sales price for all assets on line 6a 477,204
7 Capital gain net income (from Part IV, line 2)... 163,978
8 Net short-term capital gain......... 0
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........ 1,723,142 178,926  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 5,834   0
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 750 0 0 750
c Other professional fees (attach schedule).... 15,680 15,680   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 456 439   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 141     141
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,027 21,953 0 891
25 Contributions, gifts, grants paid....... 58,815 58,815
26 Total expenses and disbursements. Add lines 24 and 25 75,842 21,953 0 59,706
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,647,300
b Net investment income (if negative, enter -0-) 156,973
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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.............      
2 Savings and temporary cash investments......... 25,256 66,902 66,902
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......      
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).......... 757,546 Click to see attachment2,368,136 3,048,228
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) 782,802 2,435,038 3,115,130
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
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........ 782,802 2,435,038
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)..... 782,802 2,435,038
30 Total liabilities and net assets/fund balances (see instructions). 782,802 2,435,038
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
782,802
2
Enter amount from Part I, line 27a .....................
2
1,647,300
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,936
4
Add lines 1, 2, and 3 ..........................
4
2,435,038
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,435,038
Form 990-PF (2021)
Form 990-PF (2021)
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 78. SEAGATE TECHNOLOGY PLC   2014-06-18 2021-01-27
b 1317. FREEPORT MCMORAN COPPER B   2016-09-12 2021-02-10
c 167. DISCOVERY INC   2020-05-14 2021-03-22
d 2. MERCADOLIBRE INC   2020-05-26 2021-03-25
e 32. TAIWAN SEMICONDUCTOR-SP ADR   2015-02-18 2021-04-08
13. ACCENTURE PLC   2016-08-25 2021-04-09
5. ASML HOLDING N V   2019-02-19 2021-04-09
2. HDFC BK LTD ADR REPSTG 3 SHS   2015-09-16 2021-04-26
20. HDFC BK LTD ADR REPSTG 3 SHS   2020-11-13 2021-04-26
172. SMITH & NEPHEW P L C SPD ADR NEW   2020-04-16 2021-04-26
12. AIA GROUP LTD   2020-09-11 2021-05-25
3. AMADEUS IT GROUP, S.A.   2020-12-04 2021-05-25
10. LVMH MOET HENNESSY LOUIS VUITTON   2015-04-24 2021-05-25
7. ATLAS COPCO AB SPONSORED ADR   2017-07-19 2021-05-26
5. CANADIAN PACIFIC RAILWAY CO.   2015-02-18 2021-05-26
1. EVOLUTION AB   2021-05-18 2021-05-26
10. EXPERIAN PLC ADR   2015-02-18 2021-05-26
3. LASERTEC CORP ADS   2021-05-12 2021-05-26
3. LONZA GROUP AG ADR   2020-07-30 2021-05-26
1. LULULEMON ATHLETICA INC   2019-11-27 2021-05-26
1. NESTLE S A SPONSORED ADR REPSTG REG SH   2015-02-18 2021-05-26
16. PERNOD RICARD S A   2018-04-23 2021-05-26
12. SIKA AG   2020-01-10 2021-05-26
6. TENCENT HLDGS LTD   2011-08-11 2021-05-26
1. AON PLC SHS CL A   2020-07-29 2021-05-26
2. STERIS PLC SHS USD   2020-04-16 2021-05-26
2. ALCON INC ORD SHS   2019-05-02 2021-05-26
410. NUANCE COMMUNICATIONS INC   2014-10-02 2021-05-28
3. DSV PANALPINA A/S   2016-08-18 2021-06-01
5. ALCON INC ORD SHS   2019-05-02 2021-06-01
109. NUANCE COMMUNICATIONS INC   2018-07-11 2021-06-14
196. NOV INC COM   2014-06-18 2021-06-23
47. TENCENT HLDGS LTD   2011-08-11 2021-07-28
4. CITRIX SYS INC   2020-09-08 2021-08-04
9. CITRIX SYS INC   2014-06-18 2021-08-04
394. NUCOR CORP   2014-06-18 2021-08-11
47. NUCOR CORP   2014-06-18 2021-08-25
67. TENCENT HLDGS LTD   2011-11-21 2021-08-27
25. LVMH MOET HENNESSY LOUIS VUITTON   2015-04-24 2021-08-31
112. TWITTER INC   2019-03-28 2021-09-07
8. UNITEDHEALTH GROUP INC   2019-04-16 2021-09-07
7. TE CONNECTIVITY LTD   2014-06-18 2021-09-07
205. NUANCE COMMUNICATIONS INC   2018-07-11 2021-10-06
15. BROADCOM INC COM   2019-06-14 2021-10-12
2. RESMED INC   2018-12-26 2021-10-12
57. UNITEDHEALTH GROUP INC   2019-04-16 2021-10-14
31. LASERTEC CORP ADS   2021-05-12 2021-10-19
8. WUXI BIOLOGICS CAYMAN INC UNSPONSORD ADR   2021-01-22 2021-10-19
64. NOW INC/DE   2014-06-18 2021-10-21
111. NOW INC/DE   2014-06-18 2021-10-22
96. NOW INC/DE   2014-11-18 2021-10-25
26. L3HARRIS TECHNOLOGIES INC COM   2014-06-18 2021-10-27
55. LIONS GATE ENTMNT CORP CL B NON VTG   2016-12-09 2021-10-27
28. L3HARRIS TECHNOLOGIES INC COM   2014-06-18 2021-10-28
29. LIONS GATE ENTMNT CORP CL B NON VTG   2016-12-09 2021-10-28
6. LIONS GATE ENTMNT CORP CL B NON VTG   2016-12-09 2021-10-29
526. QURATE RETAIL, INC. SERIES A   2014-06-18 2021-11-04
429. MANDIANT INC COM   2020-03-05 2021-11-10
46. WOLFSPEED INC COM   2014-06-18 2021-11-15
270. ISHARES MSCI EMERGING MKTS INDEX FUND   2011-08-08 2021-11-17
105. MANDIANT INC COM   2020-03-05 2021-11-23
125. HDFC BK LTD ADR REPSTG 3 SHS   2016-02-17 2021-12-01
11. ABERDEEN GLOBAL PREMIER PPTYS COM SH BEN INT   2021-10-13 2021-12-02
196. ABERDEEN GLOBAL PREMIER PPTYS COM SH BEN INT   2020-03-25 2021-12-02
5. ABERDEEN GLOBAL DYNAMIC DIVID COM   2016-12-07 2021-12-02
11. ABERDEEN TOTAL DYNAMIC DIVD FD COM SH BEN INT   2021-10-13 2021-12-02
403. ABERDEEN TOTAL DYNAMIC DIVD FD COM SH BEN INT   2019-01-17 2021-12-02
13. ADAMS EXPRESS CO   2020-09-30 2021-12-02
153. ADVENT CONVERTIBLE AND INCOME FUND   2020-06-04 2021-12-02
5. ALLIANCE WORLD DLR GOVT FUND II   2021-11-17 2021-12-02
68. ALLIANCE WORLD DLR GOVT FUND II   2020-09-30 2021-12-02
1. APOLLO SR FLOATING RATE FD INC   2021-06-30 2021-12-02
23. APOLLO SR FLOATING RATE FD INC   2020-09-30 2021-12-02
48. APOLLO TACTICAL INCOME FD INC   2020-08-26 2021-12-02
5. APOLLO TACTICAL INCOME FD INC   2021-02-10 2021-12-02
41. ARES DYNAMIC CR ALLOCATION FD   2016-06-29 2021-12-02
1. BLACKROCK CORE BOND TRUST   2018-12-06 2021-12-02
139. BLACKROCK ENHANCED GLOBAL DIVIDEND   2019-01-17 2021-12-02
346. BLACKROCK CREDIT ALLOC INC TR   2019-10-23 2021-12-02
23. BLACKROCK ENERGY & RES TR   2021-08-04 2021-12-02
8. BLACKROCK ENHANCED INTL DIVIDEND   2021-08-04 2021-12-02
147. BLACKROCK ENHANCED INTL DIVIDEND   2019-01-17 2021-12-02
10. BLACKROCK FLOAT RATE INC STR   2020-06-04 2021-12-02
26. BLACKSTONE GSO STRATEGIC CR FD   2021-02-10 2021-12-02
72. BOULDER GROWTH & INCOME FD I   2020-11-11 2021-12-02
45. BRANDYWINEGBL GLBAL INM OPRTUN COM   2021-11-17 2021-12-02
90. BRANDYWINEGBL GLBAL INM OPRTUN COM   2020-11-11 2021-12-02
216. CBRE GLOBAL REAL ESTATE INCOME FUND   2020-03-25 2021-12-02
12. CENTRAL SECS CORP COM   2020-03-25 2021-12-02
1. CENTRAL SECS CORP COM   2021-04-21 2021-12-02
46. FIRST TR INTER DUR PFD & IN FD   2020-03-25 2021-12-02
5. FIRST TR ABERDEEN GLBL OPP FD   2021-01-06 2021-12-02
14. FIRST TR ENERGY INFRASTRCTR FD COM   2021-03-17 2021-12-02
15. FIRST TR HIGH INCOME L/S FD   2021-06-30 2021-12-02
58. FIRST TR HIGH INCOME L/S FD   2020-11-11 2021-12-02
4. GENERAL AMERN INVS INC   2021-04-21 2021-12-02
3. GENERAL AMERN INVS INC   2020-11-11 2021-12-02
7. HANCOCK JOHN PFD INCOME FD II   2021-01-06 2021-12-02
27. ISHARES TRUST ISHARES PREFERRED AND INCOME SE   2021-09-08 2021-12-02
932. ISHARES INC CORE MSCI EMKT   2019-07-17 2021-12-02
12. KAYNE ANDERSON NEXTGEN ENERGY &   2020-08-26 2021-12-02
56. KAYNE ANDERSON NEXTGEN ENERGY &   2021-08-04 2021-12-02
291. MFS CHARTER INCOME TR   2019-05-23 2021-12-02
354. MFS MULTIMARKET INCOME TRUST   2020-03-25 2021-12-02
13. MFS GOVT MKTS INCOME TR   2021-04-21 2021-12-02
2. MACQUARIE GLBL INFRA TOTL RETN COM   2021-01-06 2021-12-02
13. MACQUARIE GLBL INFRA TOTL RETN COM   2019-12-04 2021-12-02
160. MANDIANT INC COM   2020-03-04 2021-12-02
17. NUVEEN SR INCOME FD   2021-05-26 2021-12-02
9. NUVEEN FLTNG RTE INCM OPP FD   2021-06-30 2021-12-02
9. NUVEEN REAL ESTATE INCOME FD COM   2021-10-13 2021-12-02
24. NUVEEN PREFERRED &INCOME SECURITIES FUND   2020-03-25 2021-12-02
10. NUVEEN PREFERRED &INCOME SECURITIES FUND   2021-11-17 2021-12-02
60. NUVEEN PREFERRED & INCOME OPPORTUNITIES FUND   2021-11-17 2021-12-02
24. NUVEEN PREFERRED & INCOME OPPORTUNITIES FUND   2020-07-22 2021-12-02
32. NUVEEN GLOBAL HIGH INCOME FD   2019-01-17 2021-12-02
4. NUVEEN GLOBAL HIGH INCOME FD   2021-09-08 2021-12-02
14. PGIM HIGH YIELD BOND FUND, INC.   2021-09-08 2021-12-02
68. PGIM HIGH YIELD BOND FUND, INC.   2018-12-06 2021-12-02
93. PGIM GLOBAL HIGH YIELD FUND, INC.   2020-08-26 2021-12-02
37. PGIM GLOBAL HIGH YIELD FUND, INC.   2021-11-17 2021-12-02
35. PUTNAM PREMIER INCOME TRUST SH BEN INT   2020-11-11 2021-12-02
112. PUTNAM PREMIER INCOME TRUST SH BEN INT   2021-11-17 2021-12-02
42. PUTNAM MASTER INTER INCOME TR SH BEN INT   2021-09-08 2021-12-02
26. ROYCE VALUE TR INC   2021-10-13 2021-12-02
181. ROYCE VALUE TR INC   2018-08-02 2021-12-02
107. ROYCE MICRO-CAP TR INC   2019-12-04 2021-12-02
3. ROYCE MICRO-CAP TR INC   2021-09-08 2021-12-02
110. TEMPLETON GLOBAL INCOME FD INC   2020-11-11 2021-12-02
57. TEMPLETON GLOBAL INCOME FD INC   2021-11-17 2021-12-02
23. TRI CONTINENTAL CORP   2015-09-24 2021-12-02
15. VIRTUS GLOBAL MULTI-SEC INC   2020-04-29 2021-12-02
8. VOYA EMERGING MKTS HIGH DIVID COM   2021-08-04 2021-12-02
77. VOYA GLBL EQTY DIV & PREM OPP   2020-11-11 2021-12-02
73. VOYA GLBL EQTY DIV & PREM OPP   2021-10-13 2021-12-02
93. ALLSPRING INCOME OPPORTUNITIES FUND   2020-09-30 2021-12-02
21. WESTERN ASSET INFLATION- LINKED   2020-11-11 2021-12-02
14. WESTERN ASSET INFLATION- LINKED   2021-11-17 2021-12-02
70. WESTERN ASSET INFLATION- LINKED   2021-11-17 2021-12-02
93. WESTERN ASSET INFLATION- LINKED   2020-11-11 2021-12-02
64. WESTERN ASSET GLOBAL CP DEFI   2018-12-06 2021-12-02
8. WESTERN ASSET GLOBAL CP DEFI   2021-11-17 2021-12-02
36. BNY MELLON HIGH YIELD STRATEGI SH BEN INT   2021-02-10 2021-12-03
9. MERCADOLIBRE INC   2020-05-26 2021-12-06
17. CALAMOS LNG SHR EQT DYNAMIC TR COM   2020-11-11 2021-12-08
34. CALAMOS LNG SHR EQT DYNAMIC TR COM   2021-03-17 2021-12-08
9. CUSHING NEXTGEN INFRA INCM FD COM   2021-08-04 2021-12-08
10. ECOFIN SUSTAINABLE & SOC IMP TRM FD COM USD0.   2021-03-17 2021-12-08
79. MFS INTER INCOME TR SH BEN INT   2020-04-29 2021-12-08
208. MFS INTER INCOME TR SH BEN INT   2021-09-08 2021-12-08
147. MANDIANT INC COM   2020-03-17 2021-12-08
79. NUVEEN CR STRATEGIES INCM FD   2021-11-17 2021-12-08
60. NUVEEN CR STRATEGIES INCM FD   2020-03-25 2021-12-08
67. NUVEEN REAL ASSET INC & GRTH   2019-01-17 2021-12-08
35. NUVEEN REAL ASSET INC & GRTH   2021-10-13 2021-12-08
1.7173 NUVEEN MULTI ASSET INCOME FUND COM   2021-03-17 2021-12-08
22.2827 NUVEEN MULTI ASSET INCOME FUND COM   2020-09-30 2021-12-08
60. TEMPLETON EMERGING MKT INCOME FUND   2020-11-11 2021-12-08
44. TEMPLETON EMERGING MKT INCOME FUND   2021-09-08 2021-12-08
54. VIRTUS ALLIANZGI CONVERTIBLE COM   2021-11-17 2021-12-08
44. VIRTUS ALLIANZGI CONVERTIBLE COM   2020-04-29 2021-12-08
2. VIRTUS DIVIDEND INTEREST & PR COM   2021-10-13 2021-12-08
268. VIRTUS DIVIDEND INTEREST & PR COM   2020-03-25 2021-12-08
5. VOYA GLBL ADV & PREM OPP FD COM   2021-06-30 2021-12-08
11. VOYA GLBL ADV & PREM OPP FD COM   2020-06-04 2021-12-08
128. WESTERN ASSET EMRG MKT DEBT   2019-09-11 2021-12-08
174. PROCTOR & GAMBLE CO   2021-12-08 2021-12-09
11. ACCENTURE PLC   2021-12-08 2021-12-09
305. MANDIANT INC COM   2020-03-17 2021-12-15
81. CITRIX SYS INC   2014-06-18 2021-12-17
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 5,721   4,386 1,335
b 41,736   20,561 21,175
c 12,680   3,321 9,359
d 2,738   1,719 1,019
e 3,940   791 3,149
3,725   1,495 2,230
3,164   912 2,252
141   58 83
1,407   1,348 59
7,034   7,921 -887
631   500 131
222   231 -9
1,566   349 1,217
429   261 168
406   193 213
181   170 11
386   185 201
102   98 4
192   185 7
329   227 102
124   75 49
701   534 167
386   218 168
473   29 444
251   206 45
389   303 86
140   118 22
21,616   6,790 14,826
367   75 292
353   296 57
5,966   1,428 4,538
3,044   15,266 -12,222
2,903   225 2,678
405   554 -149
912   463 449
48,030   20,263 27,767
5,683   2,417 3,266
3,958   280 3,678
3,692   852 2,840
7,279   3,652 3,627
3,365   1,747 1,618
1,044   430 614
11,287   2,656 8,631
7,301   3,996 3,305
504   212 292
24,053   8,379 15,674
1,439   1,009 430
238   252 -14
527   2,155 -1,628
850   3,738 -2,888
737   2,956 -2,219
5,980   2,468 3,512
636   1,436 -800
6,258   2,658 3,600
334   757 -423
69   157 -88
4,585   8,634 -4,049
7,807   6,252 1,555
6,355   2,344 4,011
13,948   10,970 2,978
1,754   1,420 334
8,377   3,548 4,829
68   69 -1
1,214   944 270
59   44 15
107   105 2
3,907   3,025 882
244   211 33
2,699   1,976 723
60   63 -3
821   684 137
16   16  
375   323 52
743   652 91
77   74 3
652   547 105
17   12 5
1,640   1,385 255
5,143   4,417 726
219   188 31
49   50 -1
901   754 147
135   116 19
354   328 26
939   758 181
526   552 -26
1,051   1,025 26
1,946   1,429 517
480   323 157
40   39 1
1,134   848 286
50   50  
182   154 28
231   225 6
891   841 50
169   161 8
127   107 20
146   130 16
1,038   1,049 -11
56,727   47,904 8,823
85   57 28
396   355 41
2,423   2,222 201
2,290   1,924 366
55   55  
45   41 4
294   272 22
2,652   2,134 518
100   96 4
90   88 2
105   99 6
225   174 51
94   97 -3
563   559 4
225   208 17
495   451 44
62   65 -3
220   228 -8
1,070   930 140
1,395   1,268 127
555   572 -17
150   150  
479   504 -25
163   169 -6
483   475 8
3,365   1,826 1,539
1,203   813 390
34   36 -2
586   572 14
304   300 4
805   422 383
172   142 30
58   59 -1
455   374 81
431   429 2
812   640 172
289   257 32
193   185 8
925   886 39
1,229   1,045 184
1,090   1,019 71
136   140 -4
111   109 2
9,978   6,487 3,491
331   279 52
662   621 41
408   385 23
145   139 6
284   282 2
747   750 -3
2,466   1,927 539
506   510 -4
385   284 101
1,030   982 48
538   516 22
32   27 5
412   300 112
431   468 -37
316   322 -6
276   284 -8
225   140 85
32   30 2
4,242   2,869 1,373
51   48 3
112   86 26
1,653   1,611 42
26,798   25,855 943
4,101   4,111 -10
5,125   2,701 2,424
6,800   4,169 2,631
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
      280
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       1,335
b       21,175
c       9,359
d       1,019
e       3,149
      2,230
      2,252
      83
      59
      -887
      131
      -9
      1,217
      168
      213
      11
      201
      4
      7
      102
      49
      167
      168
      444
      45
      86
      22
      14,826
      292
      57
      4,538
      -12,222
      2,678
      -149
      449
      27,767
      3,266
      3,678
      2,840
      3,627
      1,618
      614
      8,631
      3,305
      292
      15,674
      430
      -14
      -1,628
      -2,888
      -2,219
      3,512
      -800
      3,600
      -423
      -88
      -4,049
      1,555
      4,011
      2,978
      334
      4,829
      -1
      270
      15
      2
      882
      33
      723
      -3
      137
       
      52
      91
      3
      105
      5
      255
      726
      31
      -1
      147
      19
      26
      181
      -26
      26
      517
      157
      1
      286
       
      28
      6
      50
      8
      20
      16
      -11
      8,823
      28
      41
      201
      366
       
      4
      22
      518
      4
      2
      6
      51
      -3
      4
      17
      44
      -3
      -8
      140
      127
      -17
       
      -25
      -6
      8
      1,539
      390
      -2
      14
      4
      383
      30
      -1
      81
      2
      172
      32
      8
      39
      184
      71
      -4
      2
      3,491
      52
      41
      23
      6
      2
      -3
      539
      -4
      101
      48
      22
      5
      112
      -37
      -6
      -8
      85
      2
      1,373
      3
      26
      42
      943
      -10
      2,424
      2,631
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 163,978
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2,182
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 2,182
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 60
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,284
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,344
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 162
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet162 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletANDREW HONG CO CITI TRUST Telephone no.bullet (650) 210-5000

    Located atbullet388 GREENWICH STREET 19TH FNEW YORKNY ZIP+4bullet11120
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    ANDREW HONG TRUSTEE, AS REQ'D
    0
    0    
    PO BOX 990842
    BOSTON,MA02199
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    1,205,312
    b
    Average of monthly cash balances.......................
    1b
    37,200
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,242,512
    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
    1,242,512
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    18,638
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,223,874
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    61,194
    Part X
    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 IX, line 6..................
    1
    61,194
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,182
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,182
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    59,012
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    59,012
    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 XII, line 1 ...
    7
    59,012
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 59,012
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 53,270
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 59,706
    a Applied to 2020, but not more than line 2a 53,270
    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 2021 distributable amount..... 6,436
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    52,576
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE SUITE 200
    RYE BROOK,NY10573
    NONE PC GENERAL OPERATING 2,000
    PENSACOLA SCHOOL OF LIBERAL ARTS
    301 E GADSDEN ST
    PENSACOLA,FL32501
    NONE PC GENERAL OPERATING 12,000
    LAKOTA WELLNESS SOCIETY
    25343 BIA 4
    PARMELEE,SD57566
    NONE PC GENERAL OPERATING 10,000
    PROJECT RESOTRE US INC
    310 MASSACHUSETTS AVE
    CAMBRIDGE,MA02139
    NONE PC GENERAL OPERATING 34,815
    Total .................................bullet 3a 58,815
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........
             
    4 Dividends and interest from securities ....          
    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 ............
        18 163,978  
    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) ..   178,928  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    178,928
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    BOB HONG FOUNDATION
     
    Employer identification number

    04-6911786
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    BOB HONG FOUNDATION
     
    Employer identification number
    04-6911786
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    HONG CRUT AGENCY
    C/O CITI TRUST
    388 GREENWICH STREET 19TH FL
    NEW YORK, NY11120

    $ 1,544,214


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    BOB HONG FOUNDATION
     
    Employer identification number

    04-6911786
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    VARIOUS SECURITIES $ 93,747 2021-12-01
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    BOB HONG FOUNDATION
     
    Employer identification number

    04-6911786
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 750     750

    TY 2021 InvestmentsOtherSchedule2
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHED STATEMENT AT COST 2,368,136 3,048,228

    TY 2021 OtherExpensesSchedule
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER MISC EXPENSES 106 0   106
    STATE FILING FEE/TAXES 35 0   35


    TY 2021 OtherIncreasesSchedule
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Description Amount
    COST BASIS ON ASSETS CONTRIBUTED 4,936


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 15,680 15,680    


    TY 2021 TaxesSchedule
    Name:
    BOB HONG FOUNDATION
    EIN:
    04-6911786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 315 315   0
    FEDERAL ESTIMATES - PRINCIPAL 17 0   0
    FOREIGN TAXES ON QUALIFIED FOR 106 106   0
    FOREIGN TAXES ON NONQUALIFIED 18 18   0