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 05-01-2021 , and ending 04-30-2022
Name of foundation
THE Y C HOHELEN AND MICHAEL CHIANG
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)CO PKFOD 500 MAMARONECK AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARRISON, NY105281633
A Employer identification number

05-0613835
B Telephone number (see instructions)

(646) 449-6310
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$78,949,700J Accounting method:
modified cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 200 200  
4 Dividends and interest from securities... 2,650,786 2,650,786  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -4
b Gross sales price for all assets on line 6a 1,011
7 Capital gain net income (from Part IV, line 2)... 0
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........ 2,650,982 2,650,986  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 227,500 0   227,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 55,635 0   55,635
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 39,455 0   39,455
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 35,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 30,178 0   30,178
21 Travel, conferences, and meetings....... 2,076 0   2,076
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 28,875 0   28,875
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 418,719 0   383,719
25 Contributions, gifts, grants paid....... 3,419,180 3,419,180
26 Total expenses and disbursements. Add lines 24 and 25 3,837,899 0   3,802,899
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,186,917
b Net investment income (if negative, enter -0-) 2,650,986
c Adjusted net income (if negative, enter -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......... 1,388,454 202,552 202,552
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 20,459,721 Click to see attachment18,304,873 18,304,873
b Investments—corporate stock (attach schedule)....... 62,429,798 Click to see attachment60,438,075 60,438,075
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,200 Click to see attachment4,200 Click to see attachment4,200
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 84,282,173 78,949,700 78,949,700
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 84,282,173 78,949,700
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 84,282,173 78,949,700
30 Total liabilities and net assets/fund balances (see instructions). 84,282,173 78,949,700
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
84,282,173
2
Enter amount from Part I, line 27a .....................
2
-1,186,917
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
83,095,256
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,145,556
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
78,949,700
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 PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,011   1,015 -4
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -4
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -4
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 36,849
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 36,849
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 41,085
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,085
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 4,236
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,236 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE, NY
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.HOCHIANGFOUNDATION.ORG
    14
    The books are in care ofbulletDSJCPA Telephone no.bullet (516) 541-6549

    Located atbullet1400 OLD COUNTRY ROAD SUITE 310EWESTBURYNY ZIP+4bullet115905132
    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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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
     
    No
    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)
    Yes
     
    (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
    Yes
     
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    BESSIE CHIANG MD DIRECTOR, PRESIDENT/TREASURER
    10.00     		75,000 16,147 0
    C/O PKFOD 500 MAMARONECK AVENUE
    HARRISON,NY105281633
    HELEN CHIANG DIRECTOR, SECRETARY
    5.00     		0 0 0
    C/O PKFOD 500 MAMARONECK AVENUE
    HARRISON,NY105281633
    CAROL CHIANG-LI DIRECTOR, ASST SECRETARY
    5.00     		0 0 0
    C/O PKFOD 500 MAMARONECK AVENUE
    HARRISON,NY105281633
    CAROL GALLO EXECUTIVE DIRECTOR, ASST SECRETARY
    24.00     		152,500 22,870 0
    C/O PKFOD 500 MAMARONECK AVENUE
    HARRISON,NY105281633
    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.........................bullet0
    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
    85,595,930
    b
    Average of monthly cash balances.......................
    1b
    1,947,532
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,200
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,547,662
    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
    87,547,662
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,313,215
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    86,234,447
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,311,722
    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
    4,311,722
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    36,849
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,849
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,274,873
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,274,873
    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
    4,274,873
    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 4,274,873
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,680,861
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,802,899
    a Applied to 2020, but not more than line 2a 3,680,861
    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..... 122,038
    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 ..........     		4,152,835
    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....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    AMERICAN ACADEMY OF HOSPICE AND PALLIATIVE MEDICINE INC
    8735 WEST HIGGINS ROAD SUITE 300
    CHICAGO,IL606312738     		N/A PC HOSPICE AND PALLIATIVE MEDICINE FELLOWSHIP GRANT PROGRAM 45,000
    CALVARY HOSPITAL INC
    1740 EASTCHESTER ROAD
    BRONX,NY104612392     		N/A PC BEREAVEMENT SUPPORT SERVICES AND CALVARY@HOME 60,000
    CANDID
    32 OLD SLIP 24TH FLOOR
    NEW YORK,NY100053582     		N/A PC GENERAL SUPPORT 3,000
    CHILDREN'S HOSPITAL CORPORATION
    300 LONGWOOD AVENUE
    BOSTON,MA021155724     		N/A PC PEDIATRIC ADVANCED CARE TEAM SOCIAL WORK FELLOWSHIP 100,000
    COALITION TO TRANSFORM ADVANCED CARE
    1299 PENNSYLVANIA AVE NW
    WASHINGTON,DC200042426     		N/A PC REIMAGINE END OF LIFE WORKSHOP 20,000
    COALITION TO TRANSFORM ADVANCED CARE
    1299 PENNSYLVANIA AVENUE NW SUITE
    1175
    WASHINGTON,DC200042426     		N/A PC SPONSORSHIP OF NATIONAL SUMMIT ON ADVANCED ILLNESS CARE 2,000
    COMPASSION AND CHOICES
    PO BOX 101810
    DENVER,CO802501810     		N/A PC GENERAL SUPPORT 40,000
    CONCERTS IN MOTION INC
    PO BOX 231097
    NEW YORK,NY100230019     		N/A PC PALLIATIVE CARE CONCERTS 30,000
    DANA-FARBER CANCER INSTITUTE
    450 BROOKLINE AVENUE BP418
    BOSTON,MA022155450     		N/A PC NURSE PRACTITIONER FELLOWSHIP IN PALLIATIVE CARE 100,000
    DOUBLE H-HOLE IN THE WOODS RANCH INC
    97 HIDDEN VALLEY ROAD
    LAKE LUZERNE,NY128463318     		N/A PC PAUL'S BODY SHOP - MEDICAL FACILITY 50,000
    DOULA PROGRAM TO ACCOMPANY AND COMFORT INC
    55 EXCHANGE PLACE SUITE 402
    NEW YORK,NY100053304     		N/A PC GENERAL SUPPORT AND CAPACITY BUILDING 50,000
    END WELL FOUNDATION
    1901 AVENUE OF THE STARS 16TH FLOOR
    LOS ANGELES,CA900676001     		N/A PC SPONSORSHIP OF "THE END IN MIND: PSYCHEDELICS & ENDING WELL" CONFERENCE 10,000
    END WELL FOUNDATION
    1901 AVENUE OF THE STARS 16TH FLOOR
    LOS ANGELES,CA900676001     		N/A PC RESHAPING NARRATIVES AROUND END OF LIFE (IN PARTNERSHIP WITH HOLLYWOOD, HEALTH & SOCIETY) 50,000
    ENGLEWOOD HOSPITAL AND MEDICAL CENTER FOUNDATION INC
    350 ENGLE STREET
    ENGLEWOOD,NJ076311808     		N/A PC GENERAL SUPPORT 150,000
    EXPONENT PHILANTHROPY
    1720 N STREET NW
    WASHINGTON,DC200362907     		N/A PC GENERAL SUPPORT 6,180
    FIDELITY INVESTMENTS CHARITABLE GIFT FUND
    200 SEAPORT BOULEVARD MZNM43A
    BOSTON,MA022102000     		N/A PC GENERAL SUPPORT FOR ACCOUNT 1011752 300,000
    FRIENDS OF KAREN INC
    118 TITICUS ROAD
    NORTH SALEM,NY105602700     		N/A PC GENERAL SUPPORT 35,000
    GEORGE MARK CHILDRENS FUND
    2121 GEORGE MARK LANE
    SAN LEANDRO,CA945781017     		N/A PC PEDIATRIC PALLIATIVE CARE CONFERENCE 2,500
    GEORGE MARK CHILDRENS FUND
    2121 GEORGE MARK LANE
    SAN LEANDRO,CA945781017     		N/A PC NURSING EDUCATION, TRAINING, AND EMPLOYMENT INITIATIVE 50,000
    GLOBAL CHILDRENS ART PROGRAMME
    PO BOX 20351
    NEW YORK,NY100098964     		N/A PC GENERAL SUPPORT 6,500
    GODS LOVE WE DELIVER INC
    166 AVENUE OF THE AMERICAS
    NEW YORK,NY100131207     		N/A PC GENERAL SUPPORT 40,000
    GRANTMAKERS IN AGING INC
    333 MAMARONECK AVENUE SUITE 238
    WHITE PLAINS,NY106051440     		N/A PC SERIOUS ILLNESS AND END OF LIFE FUNDERS COMMUNITY 10,000
    HAPPINESS IS CAMPING INC
    62 SUNSET LAKE ROAD
    HARDWICK,NJ078259552     		N/A PC GENERAL SUPPORT 40,000
    HARVARD UNIVERSITY
    ATTN OFFICE OF THE RECORDING
    SECRETARY 124 MOUNT AUBURN STREET
    CAMBRIDGE,MA021385813     		N/A PC GENERAL SUPPORT 125,000
    HASSENFELD CHILDREN'S HOSPITAL AT NYU LANGONE HOSPITALS
    424 EAST 34TH STREET
    NEW YORK,NY100164901     		N/A PC PEDIATRIC PALLIATIVE CARE SENIOR SOCIAL WORKER 100,000
    HEALTHCARE CHAPLAINCY NETWORK
    500 SEVENTH AVENUE 8TH FLOOR
    NEW YORK,NY100180818     		N/A PC GENERAL SUPPORT 50,000
    HOLE IN THE WALL GANG FUND INC
    555 LONG WHARF DRIVE
    NEW HAVEN,CT065116107     		N/A PC HOSPITAL OUTREACH PROGRAM 20,000
    HOSPICE AND PALLIATIVE NURSES FOUNDATION
    400 LYDIA STREET SUITE 103
    CARNEGIE,PA151062792     		N/A PC APRN POLARIS PROGRAM 50,000
    HOSPICE OF HENDERSON COUNTY INC
    571 S ALLEN ROAD
    FLAT ROCK,NC287319447     		N/A PC VIDEO EDUCATION LIBRARY TO ENHANCE THE PATIENT AND FAMILY EXPERIENCE IN HOSPICE & PALLIATIVE CARE 60,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAICENTER TO ADVANCE PALLIATIVE CARE
    1255 FIFTH AVENUE SUITE C-2
    NEW YORK,NY100293852     		N/A PC GENERAL SUPPORT FOR THE CENTER TO ADVANCE PALLIATIVE CARE 200,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAIMOUNT SINAI ALUMNI ASSOCIATION
    ONE GUSTAVE L LEVY PLACE BOX 1049
    NEW YORK,NY100296504     		N/A PC GENERAL SUPPORT 30,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAINATIONAL PALLIATIVE CARE RESEARCH C
    ONE GUSTAVE L LEVY PLACE BOX 1070
    NEW YORK,NY100296504     		N/A PC GENERAL SUPPORT FOR NATIONAL PALLIATIVE CARE RESEARCH CENTER 85,000
    INSTITUTE FOR APPLIED GERONTOLOGY INC
    39 BROADWAY 3RD FLOOR
    NEW YORK,NY100063003     		N/A PC EDUCATING SOCIAL WORKERS IN PALLIATIVE AND END-OF-LIFE CARE 50,000
    INSTITUTE FOR APPLIED GERONTOLOGY INC
    39 BROADWAY 3RD FLOOR
    NEW YORK,NY100063003     		N/A PC FELLOWSHIP IN HOSPICE AND PALLIATIVE MEDICINE 100,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    885 2ND AVENUE 8TH FLOOR
    NEW YORK,NY100172250     		N/A PC ADVANCED PRACTICE PROVIDER FELLOWSHIP IN PAIN AND PALLIATIVE (SUPPORTIVE) CARE 150,000
    MONTEFIORE MEDICAL CENTER
    111 EAST 210TH STREET
    BRONX,NY104672401     		N/A PC PALLIATIVE CARE SOCIAL WORK FELLOWSHIP 65,000
    NATIONAL CHILDRENS CHORUS
    511 AVENUE OF THE AMERICAS SUITE 28
    NEW YORK,NY100118436     		N/A PC GENERAL SUPPORT 100,000
    NATIONAL HOSPICE AND PALLIATIVE CARE ORGANIZATION INC
    1731 KING STREET SUITE 100
    ALEXANDRIA,VA223142720     		N/A PC NATIONAL PEDIATRIC PALLIATIVE CARE TASK FORCE 50,000
    NEW YORK CITY HEALTH AND HOSPITALS CORPORATION (BELLEVUE HOSPITALHHC)
    462 FIRST AVENUE ROOM 17 SOUTH 19
    NEW YORK,NY100169198     		N/A PC PALLIATIVE CARE CHAPLAIN 80,000
    NEW YORK CITY HEALTH AND HOSPITALS CORPORATION (BELLEVUE HOSPITALHHC)
    462 FIRST AVENUE ROOM 17 SOUTH 19
    NEW YORK,NY100169198     		N/A PC FELLOWSHIP AND EDUCATION 30,000
    NEW YORK LEGAL ASSISTANCE GROUP INC
    7 HANOVER SQUARE 18TH FLOOR
    NEW YORK,NY100044027     		N/A PC LEGALHEALTH PALLIATIVE CARE OUTREACH PROJECT 50,000
    NEW YORK UNIVERSITY - SILVER SCHOOL OF SOCIAL WORK
    1 WASHINGTON SQUARE NORTH
    NEW YORK,NY100036654     		N/A PC ZELDA FOSTER MSW FELLOWSHIP 65,000
    NEW YORK-PRESBYTERIAN FUND INCWEILL CORNELL
    525 EAST 68TH STREET
    NEW YORK,NY100654870     		N/A PC PALLIATIVE CARE CHAPLAIN FELLOW AND ASSISTANT FACULTY FOR GERIATRICS AND PALLIATIVE CARE FELLOWSHIP PROGRAMS 100,000
    NEW YORK-PRESBYTERIAN QUEENS
    5645 MAIN STREET
    FLUSHING,NY113555045     		N/A PC GOALS OF CARE: STARTING THE CONVERSATION 50,000
    PRINCETON DAY SCHOOL INC
    PO BOX 75
    PRINCETON,NJ085420075     		N/A PC GENERAL SUPPORT 150,000
    SERIOUSFUN CHILDRENS NETWORK INC
    230 EAST AVENUE SUITE 107
    NORWALK,CT068551930     		N/A PC SERIOUSFUN CHILDREN'S NETWORK NURSING ADVISOR SUPPORT 40,000
    ST JAMES SCHOOL
    PO BOX 310
    BASKING RIDGE,NJ079200310     		N/A PC GENERAL SUPPORT 5,000
    THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION
    3401 CIVIC CENTER BOULEVARD
    PHILADELPHIA,PA191044319     		N/A PC PEDIATRIC HOSPICE AND PALLIATIVE MEDICINE FELLOWSHIP TRAINING PROGRAM 100,000
    THE COURAGEOUS PARENTS NETWORK INC
    21 ROCHESTER ROAD
    NEWTON,MA024582517     		N/A PC GENERAL SUPPORT 40,000
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK
    622 WEST 168TH STREET
    NEW YORK,NY100323720     		N/A PC PEDIATRIC PALLIATIVE CARE SOCIAL WORKER 100,000
    TRUSTEES OF MOUNT HOLYOKE COLLEGE
    50 COLLEGE STREET
    SOUTH HADLEY,MA010751461     		N/A PC GENERAL SUPPORT 35,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO
    2001 THE EMBARCADERO 3RD FLOOR
    SAN FRANCISCO,CA941435200     		N/A PC THE PREPARE FOR YOUR CARE ADVANCE CARE PLANNING TOOLKIT AND PAMPHLET 28,000
    VALERIE FUND
    2101 MILLBURN AVENUE
    MAPLEWOOD,NJ070403719     		N/A PC GENERAL SUPPORT 5,000
    VISITING NURSE SERVICE OF NEW YORK
    220 EAST 42ND STREET 6TH FLOOR
    NEW YORK,NY100175831     		N/A SO III FI PROJECT HOPE 35,000
    VISITING NURSE SERVICE OF NEW YORK
    220 EAST 42ND STREET 6TH FLOOR
    NEW YORK,NY100175831     		N/A SO III FI PHYSICIAN PALLIATIVE CARE FELLOWSHIP TRAINING PROGRAM 70,000
    YOU TELL ME STORIES INC
    420 EAST 72ND STREET SUITE 10B
    NEW YORK,NY100214646     		N/A PC GENERAL SUPPORT 1,000
    Total .................................bullet 3a 3,419,180
    bApproved for future payment
    AMERICAN ACADEMY OF HOSPICE AND PALLIATIVE MEDICINE INC
    8735 WEST HIGGINS ROAD SUITE 300
    CHICAGO,IL606312738     		N/A PC HOSPICE AND PALLIATIVE MEDICINE FELLOWSHIP GRANT PROGRAM 45,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAICENTER TO ADVANCE PALLIATIVE CARE
    1255 FIFTH AVENUE SUITE C-2
    NEW YORK,NY100293852     		N/A PC GENERAL SUPPORT FOR THE CENTER TO ADVANCE PALLIATIVE CARE 200,000
    NEW YORK-PRESBYTERIAN QUEENS
    5645 MAIN STREET
    FLUSHING,NY113555045     		N/A PC GOALS OF CARE: STARTING THE CONVERSATION 50,000
    Total .................................bullet 3b 295,000
    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 ...........     		    14 200  
    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 -4  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 2,650,982 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,650,982
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING 9,845 0   9,845
    FINANCIAL STATEMENT AUDIT AND TAX RETURN PREPARATION 29,610 0   29,610

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    DENNIS O'NEILL FOUNDATION
          		4 DYFRIG STREET
    PONTCANNA,CARDIFFCF119LR
    UK     		2020-03-03 25,980 SUPPORT FOR SCHOLARSHIPS FOR MUSIC STUDENTS 25,980 TO THE GRANTOR'S KNOWLEDGE, NO FUNDS HAVE BEEN DIVERTED FROM THE PURPOSE. 10/30/2020; 05/31/2022   N/A

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AFFILLATED MANGERS GROUP - PREFERRED STOCK (008252843) 10,000 QTY 197,000 197,000
    AMERICAN FINANCIAL GROUP - PREFERRED STOCK (025932864) 1,000 QTY 20,100 20,100
    AMERICAN FINANCIAL GROUP - PREFERRED STOCK (025932872) 40,000 QTY 977,200 977,200
    APPLE INC (AAPL) 28,000.000 SHARES 4,414,200 4,414,200
    AT&T INC (T) 30,000.000 SHARES 565,800 565,800
    BANK OF AMERICA CORP - PREFERRED STOCK (060505195) 40,000 QTY 979,200 979,200
    BANK OF AMERICA CORP - PREFERRED STOCK (06053U601) 80,000 QTY 1,798,400 1,798,400
    BANK OF AMERICA CORP (BAC) 40,000.000 SHARES 1,427,200 1,427,200
    BOEING COMPANY (BA) 20,000.000 SHARES 2,976,800 2,976,800
    BP PLC SPON ADR (BP) 15,000.000 SHARES 430,800 430,800
    BROOKFIELD FINANCE INC - PREFERRED STOCK (11271L102) 40,000 QTY 758,000 758,000
    CVS HEALTH CORP (CVS) 10,000.000 SHARES 961,300 961,300
    DTE ENERGY CO - PREFERRED STOCK (233331826) 10,000 QTY 198,100 198,100
    GENERAL ELECTRIC (GE) 1,250.000 SHARES 93,188 93,188
    HOME DEPOT INC (HD) 5,000.000 SHARES 1,502,000 1,502,000
    INTL BUSINESS MACHINES CORP (IBM) 65,000.000 SHARES 8,593,650 8,593,650
    JOHNSON AND JOHNSON COM (JNJ) 33,000.000 SHARES 5,955,180 5,955,180
    JP MORGAN CHASE & CO - PREFERRED STOCK (48128B655) 40,000 QTY 982,000 982,000
    KYNDRYL HOLDINGS INCORP (KD) 13,000.000 SHARES 154,570 154,570
    MICROSOFT CORP (MSFT) 60,000.000 SHARES 16,651,200 16,651,200
    PFIZER INC (PFE) 40,000.000 SHARES 1,962,800 1,962,800
    PRUDENTIAL FINCL INC - PREFERRED STOCK (744320805) 40,000 QTY 990,000 990,000
    PRUDENTIAL FINCL INC - PREFERRED STOCK (744320888) 4,000 QTY 82,440 82,440
    SOUTHERN CO - PREFERRED STOCK (842587883) 10,000 QTY 196,100 196,100
    SYNCHRONY FINANCIAL - PREFERRED STOCK (87165B202) 40,000 QTY 827,200 827,200
    SYNCHRONY FINL COM (SYF) 30,000.000 SHARES 1,104,300 1,104,300
    UNITED PARCEL SVC CL B (UPS) 20,000.000 SHARES 3,599,600 3,599,600
    VERIZON COMMUNICATNS COM (VZ) 40,000.000 SHARES 1,852,000 1,852,000
    VIATRIS INC (VTRS) 4,963.000 SHARES 51,268 51,268
    WABTEC (WAB) 53.000 SHARES 4,765 4,765
    WARNER BROS DISCOVERY INC CL A (WBD) 7,257.000 SHARES 131,714 131,714

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    18,304,873
    State & Local Government Securities - End of Year Fair Market Value:


    18,304,873


    TY 2021 OtherAssetsSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 4,200 4,200 4,200


    TY 2021 OtherDecreasesSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 4,145,556


    TY 2021 OtherExpensesSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 17,820 0   17,820
    FILING FEES 1,719 0   1,719
    INSURANCE 2,199 0   2,199
    MISCELLANEOUS OFFICE EXPENSES 5,105 0   5,105
    PAYROLL PROCESSING FEES 2,032 0   2,032


    TY 2021 TaxesSchedule
    Name:
    THE Y C HOHELEN AND MICHAEL CHIANG
     
    FOUNDATION
    EIN:
    05-0613835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX PAID 35,000 0   0