Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 04-01-2023 , and ending 03-31-2024
Name of foundation
LARRY AND BEATRICE CHING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2050 OKIKA PLACE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96822
A Employer identification number

99-6003722
B Telephone number (see instructions)

(808) 946-8183
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,411,570J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 2 2  
4 Dividends and interest from securities... 19,737 19,737  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 71,910
b Gross sales price for all assets on line 6a 248,314
7 Capital gain net income (from Part IV, line 2)... 71,910
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)....... Click to see attachment
List of Attached Documents:
// Content
63 63  
12 Total. Add lines 1 through 11........ 91,712 91,712  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,616 9,462   3,154
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
524 262   262
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
21,230 21,230   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,861 861   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
162 60   38
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,393 31,875   3,454
25 Contributions, gifts, grants paid....... 51,850 51,850
26 Total expenses and disbursements. Add lines 24 and 25 88,243 31,875   55,304
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,469
b Net investment income (if negative, enter -0-) 59,837
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 2,602 4,450 4,450
2 Savings and temporary cash investments......... 14,460 18,083 18,083
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 753,728 Click to see attachment
List of Attached Documents:
// Content
751,726 		1,389,037
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 770,790 774,259 1,411,570
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 770,790 774,259
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 770,790 774,259
30 Total liabilities and net assets/fund balances (see instructions). 770,790 774,259
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
770,790
2
Enter amount from Part I, line 27a .....................
2
3,469
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
774,259
5
Decreases not included in line 2 (itemize) right arrow
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
774,259
Form 990-PF (2023)
Form 990-PF (2023)
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 1 ALIGN TECHNOLOGY P 2018-10-10 2023-04-17
b 1 ASML HOLDING NV NY REG NEW P 2019-05-21 2023-04-18
c 4 ALPHABET INC CL C P 2014-05-02 2023-04-24
d 9 LAS VEGAS SANDS CORPORATION P 2020-11-20 2023-04-25
e 17 LAS VEGAS SANDS CORPORATION P 2020-12-21 2023-04-25
19 LAS VEGAS SANDS CORPORATION P 2021-01-20 2023-04-25
1 LAS VEGAS SANDS CORPORATION P 2021-05-19 2023-04-25
5 PUBLIC SERVICE ENTERPRISE GP P 2022-05-11 2023-04-26
24 PUBLIC SERVICE ENTERPRISE GP P 2022-07-22 2023-04-26
54 PUBLIC SERVICE ENTERPRISE GP P 2022-01-26 2023-04-26
6 VERTEX PHARMACEUTICALS P 2021-02-23 2023-05-02
1 VERTEX PHARMACEUTICALS P 2021-02-23 2023-05-03
2 VERTEX PHARMACEUTICALS P 2021-05-13 2023-05-03
3.483 VERTEX PHARMACEUTICALS P 2021-05-13 2023-05-08
0.449 VERTEX PHARMACEUTICALS P 2021-03-10 2023-05-10
1.517 VERTEX PHARMACEUTICALS P 2021-05-13 2023-05-10
4.551 VERTEX PHARMACEUTICALS P 2021-03-10 2023-05-12
3.322 NVIDIA CORPORATION P 2018-06-25 2023-05-16
5 TRANSUNION P 2017-08-03 2023-05-18
1.337 TRANSUNION P 2017-09-13 2023-05-18
15.975 PULTE GROUP INC P 2020-11-24 2023-05-23
1.727 NVIDIA CORPORATION P 2018-06-25 2023-05-23
1.442 ADOBE INC P 2016-02-08 2023-05-25
5 ORACLE CORP P 2013-08-14 2023-05-26
9 ORACLE CORP P 2013-10-24 2023-05-26
3 ORACLE CORP P 2016-06-02 2023-05-26
20 VIASAT INC P 2019-11-19 2023-05-26
4 VIASAT INC P 2019-11-29 2023-05-26
2 VIASAT INC P 2019-12-10 2023-05-26
1.097 ADOBE INC P 2016-02-08 2023-05-26
1.951 NVIDIA CORPORATION P 2018-06-25 2023-05-26
0.002 NVIDIA CORPORATION P 2018-10-19 2023-05-26
3 VIASAT INC P 2019-12-10 2023-05-30
18 T-MOBILE US INC COM P 2020-04-03 2023-06-02
9 T-MOBILE US INC COM P 2020-04-07 2023-06-02
1 T-MOBILE US INC COM P 2021-02-09 2023-06-02
1 T-MOBILE US INC COM P 2022-01-14 2023-06-02
1 T-MOBILE US INC COM P 2022-02-03 2023-06-02
3 T-MOBILE US INC COM P 2022-03-18 2023-06-02
4 TRADE DESK INC CLASS A P 2019-09-24 2023-06-07
0.494 ADOBE INC P 2016-02-08 2023-06-08
0.651 ADOBE INC P 2016-02-08 2023-06-12
11.837 ORACLE CORP P 2013-10-24 2023-06-13
10.098 ORACLE CORP P 2013-10-24 2023-06-15
0.741 ADOBE INC P 2016-02-08 2023-06-16
1.966 NVIDIA CORPORATION P 2018-10-19 2023-06-16
8 NVENT ELECTRIC PLC P 2020-09-08 2023-06-28
10 NVENT ELECTRIC PLC P 2020-09-09 2023-06-28
5.025 PULTE GROUP INC P 2020-11-24 2023-06-29
2.733 PULTE GROUP INC P 2020-11-30 2023-06-29
7 TRANSUNION P 2017-09-13 2023-07-10
4.957 TRANSUNION P 2017-05-05 2023-07-14
0.663 TRANSUNION P 2017-09-13 2023-07-14
13 BAKER HUGHES COMPANY CL A P 2021-03-25 2023-07-17
8 BAKER HUGHES COMPANY CL A P 2022-02-03 2023-07-17
9 BAKER HUGHES COMPANY CL A P 2022-03-18 2023-07-17
17 NVENT ELECTRIC PLC P 2020-09-08 2023-07-17
0.058 NVIDIA CORPORATION P 2018-04-23 2023-07-19
2.032 NVIDIA CORPORATION P 2018-10-19 2023-07-19
5 TRADE DESK INC CLASS A P 2019-09-24 2023-07-19
2.979 TRANSUNION P 2017-05-05 2023-07-19
18 BOSTON SCIENTIFIC CORP P 2019-08-09 2023-08-02
10 BOSTON SCIENTIFIC CORP P 2020-01-10 2023-08-02
8 WASTE CONNECTIONS INC P 2017-06-06 2023-08-02
0.962 WASTE CONNECTIONS INC P 2017-07-27 2023-08-02
0.433 ADOBE INC P 2016-02-08 2023-08-03
7.643 TRANSUNION P 2017-04-17 2023-08-07
10 TRANSUNION P 2017-04-21 2023-08-07
7 TRANSUNION P 2017-04-25 2023-08-07
7.064 TRANSUNION P 2017-05-05 2023-08-07
2.749 SALESFORCE INC P 2013-05-22 2023-08-08
1 SALESFORCE INC P 2014-05-22 2023-08-08
26.357 TRANSUNION P 2017-04-17 2023-08-10
11.147 AMER INTL GP INC NEW P 2017-12-15 2023-08-17
4.475 CHESAPEAKE ENERGY CORP P 2022-12-07 2023-08-17
4.997 EATON CORP PLC SHS P 2020-06-25 2023-08-22
2 EATON CORP PLC SHS P 2020-10-01 2023-08-22
1.722 SALESFORCE INC P 2013-05-22 2023-08-22
1.23 S&P GLOBAL INC COM P 2018-07-30 2023-08-25
0.703 S&P GLOBAL INC COM P 2019-03-26 2023-08-25
0.257 SALESFORCE INC P 2013-05-13 2023-08-25
1 SALESFORCE INC P 2013-05-15 2023-08-25
2.529 SALESFORCE INC P 2013-05-22 2023-08-25
1.172 ADOBE INC P 2016-02-08 2023-08-31
3 VISA INC CL A P 2009-10-28 2023-08-31
1.698 VISA INC CL A P 2010-05-24 2023-08-31
8.631 PAYPAL HLDGS INC COM P 2016-11-14 2023-09-05
13 NVENT ELECTRIC PLC P 2020-09-08 2023-09-08
4.32 EATON CORP PLC SHS P 2020-06-25 2023-09-13
14 SHELL PLC ADR P 2023-06-07 2023-09-18
1.843 WALMART INC P 2021-08-19 2023-09-18
2.173 ULTA BEAUTY INC P 2017-12-04 2023-09-21
7 BHP GROUP LIMITED ADR P 2020-10-13 2023-10-03
3.611 BHP GROUP LIMITED ADR P 2020-10-29 2023-10-03
83 COCA COLA CO P 2017-04-06 2023-10-03
1.834 S&P GLOBAL INC COM P 2018-07-30 2023-10-04
3.634 AMERICAN TOWER CORP P 2011-05-03 2023-10-24
3 ALIGN TECHNOLOGY P 2017-12-22 2023-10-26
1 ALIGN TECHNOLOGY P 2018-02-02 2023-10-26
2 ALIGN TECHNOLOGY P 2018-05-04 2023-10-26
1 ALIGN TECHNOLOGY P 2018-11-19 2023-10-26
0.357 ALIGN TECHNOLOGY P 2019-07-25 2023-10-26
4.643 ALIGN TECHNOLOGY P 2019-07-25 2023-10-30
2 ALIGN TECHNOLOGY P 2019-07-26 2023-10-30
2.303 ENPHASE ENERGY P 2023-08-02 2023-10-30
19 ENPHASE ENERGY P 2022-03-09 2023-10-30
1 ENPHASE ENERGY P 2022-04-21 2023-10-30
3 ENPHASE ENERGY P 2022-04-22 2023-10-30
0.159 IQVIA HOLDINGS INC P 2020-10-27 2023-11-03
1 IQVIA HOLDINGS INC P 2022-03-09 2023-11-03
32 PAYPAL HLDGS INC COM P 2016-07-29 2023-11-03
13 PAYPAL HLDGS INC COM P 2016-09-01 2023-11-03
10.369 PAYPAL HLDGS INC COM P 2016-11-14 2023-11-03
5.2 ABBVIE INC COM P 2023-06-15 2023-11-07
8 ABBVIE INC COM P 2021-08-24 2023-11-07
9 ABBVIE INC COM P 2021-09-29 2023-11-07
5 ABBVIE INC COM P 2021-10-06 2023-11-07
12 ABBVIE INC COM P 2021-10-28 2023-11-07
1.643 IQVIA HOLDINGS INC P 2020-10-27 2023-11-07
3.091 IQVIA HOLDINGS INC P 2020-10-27 2023-11-15
2.079 NVIDIA CORPORATION P 2018-04-23 2023-11-15
2.424 SERVICENOW INC P 2014-03-27 2023-11-15
2.226 IQVIA HOLDINGS INC P 2020-10-27 2023-12-01
4 COMCAST CORP (NEW) CLASS A P 2020-01-24 2023-12-04
19 COMCAST CORP (NEW) CLASS A P 2020-01-28 2023-12-04
20 COMCAST CORP (NEW) CLASS A P 2020-01-31 2023-12-04
28 COMCAST CORP (NEW) CLASS A P 2020-02-03 2023-12-04
13 COMCAST CORP (NEW) CLASS A P 2020-10-30 2023-12-04
1.829 IQVIA HOLDINGS INC P 2020-10-27 2023-12-06
2.459 ALEXANDRIA REAL ESTATE EQ INC P 2023-03-02 2023-12-11
6 ASTRAZENECA PLC ADR P 2021-12-22 2023-12-11
5 CITIGROUP INC NEW P 2011-03-29 2023-12-11
5 CITIGROUP INC NEW P 2011-05-12 2023-12-11
6 DUPONT DE NEMOURS INC P 2021-05-19 2023-12-11
2 ELEVANCE HEALTH INC P 2020-02-06 2023-12-11
10 FIRSTENERGY CORP P 2023-04-26 2023-12-11
0.206 FISERV INC P 2020-08-04 2023-12-11
2.794 FISERV INC P 2020-08-04 2023-12-11
6 FISERV INC P 2021-06-09 2023-12-11
12 FLOWSERVE CORP P 2022-07-29 2023-12-11
5 FLOWSERVE CORP P 2022-08-17 2023-12-11
5 GENL DYNAMICS CORP P 2020-02-27 2023-12-11
4 GLOBE LIFE INC P 2021-12-22 2023-12-11
6 HESS CORPORATION P 2020-09-10 2023-12-11
1 HUBBELL INC P 2020-10-21 2023-12-11
1 HUBBELL INC P 2022-03-18 2023-12-11
4 JPMORGAN CHASE & CO P 2004-04-16 2023-12-11
7 KKR & CO INC CL A P 2021-12-17 2023-12-11
8 MORGAN STANLEY P 2022-02-28 2023-12-11
3 MORGAN STANLEY P 2022-10-13 2023-12-11
9 NVENT ELECTRIC PLC P 2020-09-08 2023-12-11
4.065 ORACLE CORP P 2013-10-24 2023-12-11
9 PINNACLE WEST CAPITAL CORP P 2020-10-13 2023-12-11
6 QUEST DIAGNOSTICS INC P 2019-03-28 2023-12-11
2 RTX CORPORATION P 2020-05-15 2023-12-11
2 SHELL PLC ADR P 2023-06-07 2023-12-11
10 SHELL PLC ADR P 2021-07-09 2023-12-11
2 STATE STREET CORP P 2020-03-26 2023-12-11
9 STATE STREET CORP P 2022-02-28 2023-12-11
5 TRIPADVISOR INC COM P 2021-05-19 2023-12-11
32 TRIPADVISOR INC COM P 2021-05-21 2023-12-11
2 WALMART INC P 2021-01-07 2023-12-11
0.157 WALMART INC P 2021-08-19 2023-12-11
11 WELLS FARGO & CO NEW P 2021-05-19 2023-12-11
12 ALPHABET INC CL C P 2014-05-02 2023-12-11
11 AMAZON COM INC P 2013-12-30 2023-12-11
4 COSTCO WHOLESALE CORP NEW P 2008-07-15 2023-12-11
4 HOME DEPOT INC P 2017-11-16 2023-12-11
1 MASTERCARD INC CL A P 2017-01-23 2023-12-11
0.953 MICROSOFT CORP P 2023-07-19 2023-12-11
2.307 MICROSOFT CORP P 2023-12-04 2023-12-11
2.863 NVIDIA CORPORATION P 2018-04-23 2023-12-11
0.576 SERVICENOW INC P 2014-03-27 2023-12-11
1 SERVICENOW INC P 2014-04-23 2023-12-11
3.302 VISA INC CL A P 2010-05-24 2023-12-11
2.913 IQVIA HOLDINGS INC P 2020-10-27 2023-12-13
0.139 IQVIA HOLDINGS INC P 2020-10-27 2023-12-13
1.964 IQVIA HOLDINGS INC P 2020-10-28 2023-12-13
1.215 IQVIA HOLDINGS INC P 2020-09-28 2023-12-18
0.036 IQVIA HOLDINGS INC P 2020-10-28 2023-12-18
4 OLIN CORPORATION P 2021-07-28 2023-12-19
22 OLIN CORPORATION P 2021-08-09 2023-12-19
7 OLIN CORPORATION P 2021-08-09 2023-12-19
19 OLIN CORPORATION P 2022-01-28 2023-12-19
3.424 PULTE GROUP INC P 2020-11-30 2023-12-19
8.772 IQVIA HOLDINGS INC P 2020-09-28 2023-12-19
25 MEDTRONIC PLC SHS P 2020-08-13 2023-12-20
0.954 MEDTRONIC PLC SHS P 2020-08-24 2023-12-20
12 MEDTRONIC PLC SHS P 2020-08-25 2023-12-20
1 MEDTRONIC PLC SHS P 2021-02-15 2023-12-20
14.013 IQVIA HOLDINGS INC P 2020-09-28 2023-12-22
2 IQVIA HOLDINGS INC P 2020-10-30 2023-12-22
12.456 DOMINION ENERGY INC P 2021-08-06 2024-01-08
13 DOMINION ENERGY INC P 2021-08-26 2024-01-08
3 DOMINION ENERGY INC P 2022-03-18 2024-01-08
4.905 JPMORGAN CHASE & CO P 2004-04-16 2024-01-11
1.462 NVIDIA CORPORATION P 2018-04-23 2024-01-17
7.62 PULTE GROUP INC P 2020-11-30 2024-01-18
3.105 EATON CORP PLC SHS P 2020-06-25 2024-01-23
4.271 FISERV INC P 2020-08-04 2024-01-23
4.384 GLOBE LIFE INC P 2021-12-22 2024-01-23
2.665 KKR & CO INC CL A P 2021-12-17 2024-01-23
10.381 SEAGATE TECHNOLOGY HLDNGS PLC P 2023-06-27 2024-01-23
39 CHESAPEAKE ENERGY CORP P 2022-06-17 2024-01-25
1.525 CHESAPEAKE ENERGY CORP P 2022-12-07 2024-01-25
5 CHESAPEAKE ENERGY CORP P 2023-01-05 2024-01-25
1.223 PULTE GROUP INC P 2020-11-30 2024-01-26
4.484 PULTE GROUP INC P 2020-12-01 2024-01-26
1.841 EATON CORP PLC SHS P 2020-06-25 2024-02-02
11 NVENT ELECTRIC PLC P 2020-09-08 2024-02-02
2.516 PULTE GROUP INC P 2020-12-01 2024-02-06
11.498 PULTE GROUP INC P 2020-12-16 2024-02-06
2.146 NVIDIA CORPORATION P 2018-04-23 2024-02-06
3.474 S&P GLOBAL INC COM P 2018-07-30 2024-02-06
4.558 SALESFORCE INC P 2013-05-13 2024-02-06
1.226 SERVICENOW INC P 2014-04-23 2024-02-06
1.133 CROWDSTRIKE HLDGS INC CL A P 2022-01-12 2024-02-07
1 CROWDSTRIKE HLDGS INC CL A P 2022-02-28 2024-02-07
13.001 TRADE DESK INC CLASS A P 2019-09-24 2024-02-07
6.56 MERCK & CO INC NEW COM P 2023-11-14 2024-02-08
11 NVENT ELECTRIC PLC P 2020-09-08 2024-02-08
2.256 EATON CORP PLC SHS P 2020-06-25 2024-02-09
1.845 NVIDIA CORPORATION P 2018-04-23 2024-02-09
1.046 CROWDSTRIKE HLDGS INC CL A P 2022-01-12 2024-02-13
0.826 CROWDSTRIKE HLDGS INC CL A P 2022-01-12 2024-02-14
6.204 TRADE DESK INC CLASS A P 2019-09-24 2024-02-16
41.546 FIRSTENERGY CORP P 2023-04-26 2024-02-29
7.473 KKR & CO INC CL A P 2021-12-17 2024-03-01
3 WALMART INC P 2021-01-07 2024-03-01
9 WALMART INC P 2021-05-19 2024-03-01
5.375 AMERICAN TOWER CORP P 2011-05-03 2024-03-05
1.306 NVIDIA CORPORATION P 2018-04-23 2024-03-05
1.174 NVIDIA CORPORATION P 2018-04-23 2024-03-07
11.046 MEDTRONIC PLC SHS P 2020-08-24 2024-03-08
9.741 MEDTRONIC PLC SHS P 2022-08-16 2024-03-08
0.259 MEDTRONIC PLC SHS P 2022-08-16 2024-03-11
13 MEDTRONIC PLC SHS P 2022-10-21 2024-03-11
5 MEDTRONIC PLC SHS P 2022-08-22 2024-03-11
2 MEDTRONIC PLC SHS P 2022-12-19 2024-03-11
3.853 AMER INTL GP INC NEW P 2017-12-15 2024-03-18
2.525 AMER INTL GP INC NEW P 2017-12-27 2024-03-18
15 BAKER HUGHES COMPANY CL A P 2021-03-25 2024-03-18
2.388 CHENIERE ENERGY INC NEW P 2016-03-15 2024-03-18
91 KENVUE INC P 2023-05-08 2024-03-18
27 KENVUE INC P 2023-05-22 2024-03-18
0.479 NVIDIA CORPORATION P 2018-04-23 2024-03-20
2.557 EATON CORP PLC SHS P 2020-06-25 2024-03-22
1.98 HUBBELL INC P 2020-10-21 2024-03-22
14 NVENT ELECTRIC PLC P 2020-09-08 2024-03-22
18.523 NIKE INC B P 2021-09-14 2024-03-25
0.539 NVIDIA CORPORATION P 2018-04-23 2024-03-26
17 KENVUE INC P 2023-05-22 2024-03-27
11 KENVUE INC P 2023-08-09 2024-03-27
27 KENVUE INC P 2023-08-10 2024-03-27
21 KENVUE INC P 2023-08-16 2024-03-27
0.316 NVIDIA CORPORATION P 2018-04-23 2024-03-28
30 3M CO P 2020-05-27 2023-07-07
5 ACCELLERON INDS LTD ADR P 2017-04-21 2023-03-30
18 ADVANCED MICRO DEVICES P 2020-03-11 2023-12-13
14 AMER EXPRESS CO P 2012-07-26 2023-12-13
14 AMER EXPRESS CO P 2013-06-24 2023-12-13
11 APPLE INC P 2023-02-20 2023-12-13
16 BLOCK INC CL A P 2020-05-27 2023-07-07
79 BNP PARIBAS SA ADR P 2017-04-21 2023-12-13
14 DOCUSIGN INC P 2021-11-12 2023-04-19
43 HESS CORP P 2019-01-10 2023-07-07
160 ING GROEP N V NL SPON P 2017-04-19 2023-12-13
8 MICROSOFT CORP P 2008-03-17 2023-12-13
0.5 MURATA MFG CO LTD ADR P 2017-10-13 2023-10-03
37 NEXTERA ENERGY INC COM P 2020-05-27 2023-10-20
24 ORACLE CORP P 2007-11-16 2023-12-13
31 PAYPAL HOLDINGS INC P 2019-07-25 2023-07-07
19 PAYPAL HOLDINGS INC P 2020-02-24 2023-07-07
17 PAYPAL HOLDINGS INC P 2020-05-07 2023-07-07
13 PAYPAL HOLDINGS INC P 2021-11-11 2023-07-07
11 SALESFORCE, INC. P 2018-10-01 2023-12-13
15 SAP SE SPON ADR P 2012-04-24 2023-12-13
57 SCHLUMBERGER LTD P 2018-02-28 2023-07-06
46 SCHLUMBERGER LTD P 2019-01-10 2023-07-06
22 TARGET CORP P 2022-08-31 2023-07-07
27 TOKYO ELECTRON LTD ADR P 2017-10-13 2023-12-13
.5 TOKYO ELECTRON LTD ADR P 2017-10-13 2023-04-04
107 UBER TECHNOLOGIES INC P 2021-12-16 2023-07-07
0.3333 VERALTO CORP P 2020-02-18 2023-10-02
19 ZOOM VIDEO P 2021-12-16 2023-04-17
7 ASML HLDG NV SPON ADR P 2017-04-21 2024-01-24
5 LAM RESEARCH CORP P 2020-03-11 2024-01-25
1 LAM RESEARCH CORP P 2021-07-22 2024-01-25
13 SALESFORCE, INC. P 2018-10-01 2024-01-24
8 SALESFORCE, INC. P 2019-07-25 2024-01-24
(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 345   320 25
b 642   194 448
c 424   105 319
d 568   504 64
e 1,072   948 124
1,198   1,036 162
63   56 7
313   348 -35
1,502   1,436 66
3,379   3,498 -119
2,086   1,292 794
349   215 134
698   428 270
1,199   745 454
158   96 62
533   325 208
1,582   971 611
979   197 782
354   230 124
95   59 36
1,050   702 348
533   103 430
567   106 461
526   168 358
947   298 649
316   115 201
912   1,467 -555
182   294 -112
91   143 -52
452   80 372
755   116 639
1     1
137   215 -78
2,334   1,483 851
1,167   785 382
130   124 6
130   107 23
130   121 9
389   385 4
297   78 219
217   36 181
308   48 260
1,375   391 984
1,277   334 943
371   54 317
853   113 740
404   148 256
505   188 317
387   221 166
211   119 92
541   307 234
393   203 190
53   29 24
451   280 171
278   211 67
312   316 -4
914   315 599
27   3 24
951   117 834
439   97 342
242   122 120
921   780 141
511   456 55
1,132   538 594
136   63 73
227   32 195
599   294 305
783   393 390
548   272 276
553   289 264
581   128 453
211   51 160
2,060   1,015 1,045
648   663 -15
391   424 -33
1,080   421 659
432   201 231
357   80 277
479   229 250
274   132 142
54   11 43
210   45 165
532   118 414
655   86 569
738   58 680
418   32 386
551   335 216
750   241 509
957   364 593
911   813 98
302   275 27
883   481 402
383   298 85
198   140 58
4,553   3,540 1,013
660   342 318
588   193 395
574   669 -95
191   259 -68
383   518 -135
191   207 -16
68   72 -4
850   939 -89
366   399 -33
176   329 -153
1,456   3,350 -1,894
77   162 -85
230   465 -235
32   25 7
199   219 -20
1,781   1,187 594
724   477 247
577   402 175
733   706 27
1,128   955 173
1,269   977 292
705   546 159
1,693   1,313 380
323   262 61
635   494 141
1,010   116 894
1,577   138 1,439
476   355 121
172   177 -5
818   839 -21
862   864 -2
1,206   1,206 0
560   547 13
397   292 105
293   351 -58
381   346 35
241   227 14
241   210 31
429   506 -77
949   563 386
374   407 -33
28   21 7
375   283 92
803   669 134
466   401 65
194   173 21
1,263   842 421
493   365 128
819   274 545
314   148 166
314   188 126
636   158 478
540   503 37
661   723 -62
248   226 22
508   167 341
468   134 334
679   726 -47
821   532 289
164   104 60
128   116 12
639   396 243
150   97 53
673   759 -86
92   200 -108
589   1,279 -690
302   293 9
24   23 1
507   505 2
1,612   316 1,296
1,599   219 1,380
2,496   280 2,216
1,325   668 657
415   110 305
353   337 16
854   848 6
1,333   160 1,173
406   33 373
704   53 651
849   62 787
637   465 172
31   22 9
444   309 135
274   190 84
8   6 2
213   185 28
1,174   995 179
373   317 56
1,014   902 112
354   150 204
2,014   1,371 643
2,041   2,532 -491
78   96 -18
980   1,232 -252
82   114 -32
3,197   2,189 1,008
456   306 150
609   950 -341
635   1,016 -381
147   244 -97
831   194 637
811   82 729
790   333 457
751   261 490
601   433 168
536   400 136
223   191 32
920   641 279
3,016   3,146 -130
118   145 -27
387   425 -38
128   53 75
470   191 279
498   155 343
700   204 496
259   107 152
1,186   487 699
1,444   120 1,324
1,565   648 917
1,296   200 1,096
946   65 881
361   216 145
319   194 125
908   252 656
835   672 163
706   204 502
627   190 437
1,321   103 1,218
335   199 136
275   157 118
561   120 441
1,520   1,640 -120
734   536 198
176   147 29
527   426 101
1,112   286 826
1,106   73 1,033
1,083   66 1,017
943   1,109 -166
832   927 -95
22   25 -3
1,110   1,085 25
427   457 -30
171   153 18
291   229 62
191   150 41
486   323 163
384   85 299
1,830   2,415 -585
543   707 -164
425   27 398
806   215 591
826   293 533
1,031   259 772
1,744   2,947 -1,203
511   30 481
361   445 -84
234   256 -22
574   634 -60
446   490 -44
286   18 268
2,925   4,715 -1,790
115   78 37
2,456   829 1,627
2,397   808 1,589
2,396   1,020 1,376
2,147   178 1,969
976   3,647 -2,671
2,567   2,627 -60
727   3,700 -2,973
5,695   2,171 3,524
2,346   2,435 -89
2,978   228 2,750
4   4 0
1,911   2,215 -304
2,432   499 1,933
2,078   3,605 -1,527
1,274   2,220 -946
1,140   2,484 -1,344
872   2,651 -1,779
2,811   1,762 1,049
2,358   977 1,381
2,780   3,847 -1,067
2,244   1,929 315
2,868   3,539 -671
2,244   722 1,522
29   13 16
4,562   4,042 520
29   19 10
1,274   3,453 -2,179
5,821   916 4,905
4,379   1,396 2,983
876   637 239
3,612   2,082 1,530
2,223   1,279 944
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       25
b       448
c       319
d       64
e       124
      162
      7
      -35
      66
      -119
      794
      134
      270
      454
      62
      208
      611
      782
      124
      36
      348
      430
      461
      358
      649
      201
      -555
      -112
      -52
      372
      639
      1
      -78
      851
      382
      6
      23
      9
      4
      219
      181
      260
      984
      943
      317
      740
      256
      317
      166
      92
      234
      190
      24
      171
      67
      -4
      599
      24
      834
      342
      120
      141
      55
      594
      73
      195
      305
      390
      276
      264
      453
      160
      1,045
      -15
      -33
      659
      231
      277
      250
      142
      43
      165
      414
      569
      680
      386
      216
      509
      593
      98
      27
      402
      85
      58
      1,013
      318
      395
      -95
      -68
      -135
      -16
      -4
      -89
      -33
      -153
      -1,894
      -85
      -235
      7
      -20
      594
      247
      175
      27
      173
      292
      159
      380
      61
      141
      894
      1,439
      121
      -5
      -21
      -2
      0
      13
      105
      -58
      35
      14
      31
      -77
      386
      -33
      7
      92
      134
      65
      21
      421
      128
      545
      166
      126
      478
      37
      -62
      22
      341
      334
      -47
      289
      60
      12
      243
      53
      -86
      -108
      -690
      9
      1
      2
      1,296
      1,380
      2,216
      657
      305
      16
      6
      1,173
      373
      651
      787
      172
      9
      135
      84
      2
      28
      179
      56
      112
      204
      643
      -491
      -18
      -252
      -32
      1,008
      150
      -341
      -381
      -97
      637
      729
      457
      490
      168
      136
      32
      279
      -130
      -27
      -38
      75
      279
      343
      496
      152
      699
      1,324
      917
      1,096
      881
      145
      125
      656
      163
      502
      437
      1,218
      136
      118
      441
      -120
      198
      29
      101
      826
      1,033
      1,017
      -166
      -95
      -3
      25
      -30
      18
      62
      41
      163
      299
      -585
      -164
      398
      591
      533
      772
      -1,203
      481
      -84
      -22
      -60
      -44
      268
      -1,790
      37
      1,627
      1,589
      1,376
      1,969
      -2,671
      -60
      -2,973
      3,524
      -89
      2,750
      0
      -304
      1,933
      -1,527
      -946
      -1,344
      -1,779
      1,049
      1,381
      -1,067
      315
      -671
      1,522
      16
      520
      10
      -2,179
      4,905
      2,983
      239
      1,530
      944
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 71,910
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 832
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........................... 3 832
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- ..... 5 832
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,148
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 1,148
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 312
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow312 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowHI
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowN/A
14
The books are in care ofright arrowTHALIA CHOY Telephone no.right arrow (808) 946-8183

Located atright arrow2050 OKIKA PLACEHONOLULUHI ZIP+4right arrow96822
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
THALIA CHOY PRESIDENT/DIRECTOR
1.00 		12,616 0 0
2050 OKIKA PLACE
HONOLULU,HI96822
DARRYL CHOY V.P./DIRECTOR
0.00 		0 0 0
2050 OKIKA PLACE
HONOLULU,HI96822
DEVIN CHOY TREAS/DIRECTOR
0.00 		0 0 0
2050 OKIKA PLACE
HONOLULU,HI96822
DENALEE CHOY SECTY/DIRECTOR
0.00 		0 0 0
2050 OKIKA PLACE
HONOLULU,HI96822
DATHAN CHOY DIRECTOR
0.00 		0 0 0
2050 OKIKA PLACE
HONOLULU,HI96822
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
1,218,598
b
Average of monthly cash balances.......................
1b
21,081
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,239,679
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
1,239,679
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
18,595
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,221,084
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
61,054
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
61,054
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
832
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
832
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
60,222
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
60,222
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
60,222
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
55,304
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
55,304
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 60,222
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 51,804
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 55,304
a Applied to 2022, but not more than line 2a 51,804
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 2023 distributable amount..... 3,500
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		56,722
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THALIA CHOY LARRY AND BEATRICE CHIN
2050 OKIKA PLACE
HONOLULU,HI96822
(808) 946-8183
bThe form in which applications should be submitted and information and materials they should include:
ORGANIZATIONS THAT APPLY SHOULD DO SO IN WRITING PREFERABLY USING THEIR OWN LETTERHEAD.
cAny submission deadlines:
APPLICATIONS FOR GRANTS OR CONTRIBUTIONS MAY BE SUBMITTED AT ANY TIME.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IN AWARDING GRANTS OR CONTRIBUTIONS, THE FOUNDATION GIVES PREFERENCES TO ORGANIZATIONS IN HAWAII. CONTRIBUTIONS ARE MADE FOR CHARITABLE, SCIENTIFIC, LITERARY, CIVIC, RELIGIOUS, BENEVOLENT, EDUCATIONAL & PHILANTHROPIC PURPOSES.
Form 990-PF (2023)
Form 990-PF (2023)
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

AGC EDUCATION & RESEARCH FOUNDATION

2300 WILSON BLVD STE 400
ARLINGTON,VA22201 		NONE PC SCHOLARSHIPS 5,000

ALANA DUNG MEDICAL RESEARCH FUND

3468 WAIALAE AVE 234
HONOLULU,HI96816 		NONE PC MEDICAL RESEARCH 200

AMERICAN CANCER SOCIETY

2370B NUUANU AVE
HONOLULU,HI96817 		NONE PC MEDICAL RESEARCH 200

AMERICAN LUNG ASSOCIATION OF HAWAII

1050 QUEEN ST 100
HONOLULU,HI96814 		NONE PC EDUCATIONAL PROGRAMS 200

ARTHRITIS FOUNDATION-HAWAII CHAPTER

2752 WOODLAWN DR 5-204B
HONOLULU,HI96822 		NONE PC MEDICAL RESEARCH 200

BISHOP MUSEUM

PO BOX 19000-A
HONOLULU,HI96817 		NONE PC CULTURAL PROGRAMS 1,000

EASTER SEALS SOCIETY OF HAWAII

710 GREEN ST
HONOLULU,HI96813 		NONE PC EDUCATIONAL PROGRAMS 200

GCA EDUCATION FOUNDATION

1065 AHUA ST
HONOLULU,HI96819 		NONE PC EDUCATIONAL PROGRAMS 500

HAWAII COMMUNITY FOUNDATION

827 FORT STREET MALL
HONOLULU,HI96813 		NONE PC SCHOLARSHIPS 300

HAWAII FOODBANK

2611 KILIHAU ST
HONOLULU,HI96819 		NONE PC PROVIDE FOOD TO THE COMMUNITY 500

HAWAII HERITAGE CENTER

PO BOX 37520
HONOLULU,HI96837 		NONE PC EDUCATIONAL PROGRAMS 24,000

HAWAII HISTORIC ARMS ASSOCIATION

PO BOX 1733
HONOLULU,HI96806 		NONE PC CIVIC PROGRAMS 500

HAWAII PACIFIC UNIVERSITY

1166 FORT STREET MALL FL 2
HONOLULU,HI96813 		NONE PC EDUCATIONAL PROGRAMS 500

HAWAII PUBLIC RADIO

738 KAHEKA ST STE 101
HONOLULU,HI96814 		NONE PC EDUCATIONAL PROGRAMS 200

HAWAII PUBLIC TELEVISION

PO BOX 11599
HONOLULU,HI96828 		NONE PC EDUCATIONAL PROGRAMS 200

HELEMANO PLANTATION (ORI ANUENUE HALE)

64-1570 KAMEHAMEHA HWY
WAHIAWA,HI96786 		NONE PC EDUCATIONAL PROGRAMS 8,000

HONGWANJI MISSION SCHOOL

1728 PALI HWY
HONOLULU,HI96817 		NONE PC EDUCATIONAL PROGRAMS 3,000

HONOLULU MUSEUM OF ART

900 S BERETANIA ST
HONOLULU,HI96814 		NONE PC EDUCATIONAL PROGRAMS 350

INSTITUTE FOR HUMAN SERVICES

546 KAAAHI ST
HONOLULU,HI96817 		NONE PC SOCIAL SERVICES 200

KUAKINI FOUNDATION

347 KUAKINI ST
HONOLULU,HI96817 		NONE PC CAPITAL FUND 200

MARCH OF DIMES

1580 MAKALOA ST 1200
HONOLULU,HI96814 		NONE PC MEDICAL RESEARCH 200

MID-PACIFIC INSTITUTE

2445 KAALA ST
HONOLULU,HI96822 		NONE PC ANNUAL FUND 200

PALAMA SETTLEMENT

810 N VINEYARD BLVD
HONOLULU,HI96817 		NONE PC EDUCATIONAL PROGRAMS 200

PALOLO CHINESE HOME

2459 10TH AVE
HONOLULU,HI96816 		NONE PC CAPITAL FUND 200

PUNAHOU SCHOOL FOUNDATION

1601 PUNAHOU ST
HONOLULU,HI96822 		NONE PC CAPITAL FUND 2,600

RED CROSS

4155 DIAMOND HEAD RD
HONOLULU,HI96816 		NONE PC FOOD AND SHELTER 200

REHAB FOUNDATION

226 N KUAKINI ST
HONOLULU,HI96817 		NONE PC REHABILITATION SERVICES 200

RONALD MCDONALD HOUSE CHARITIES

PO BOX 61777
HONOLULU,HI96839 		NONE PC SUPPORT SERVICES 200

THE SALVATION ARMY

PO BOX 30040
HONOLULU,HI96820 		NONE PC EDUCATIONAL PROGRAMS 200

UNIVERSITY OF HAWAII FOUNDATION - COLLEGE OF ENGINEERING

PO BOX 11270
HONOLULU,HI96828 		NONE PC SCHOLARSHIPS 500

UNIVERSITY OF HAWAII FOUNDATION - MEDICAL SCHOOL

PO BOX 11270
HONOLULU,HI96828 		NONE PC EDUCATIONAL PROGRAMS 1,000

US CHINA PEOPLES FRIENDSHIP ASSOCIATION

1268 YOUNG ST 301
HONOLULU,HI96814 		NONE PC EDUCATIONAL PROGRAMS 500

YMCA-KALIHI BRANCH

1355 KALIHI ST
HONOLULU,HI96819 		NONE PC BUILDING FUND 200
Total .................................right arrow 3a 51,850
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 2  
4 Dividends and interest from securities ....     14 19,737  
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 .....     14 63  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 71,910  
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 91,712 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
91,712
(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.)
3 INVESTMENT INCOME.
4 INVESTMENT INCOME.
8 GAIN/LOSS ON SALE OF INVESTMENTS.
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 524 262   262

TY 2023 InvestmentsCorpStockSchedule
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Name of Stock End of Year Book Value End of Year Fair Market Value
MSDW/UBS CORPORATE SECURITIES 751,726 1,389,037

TY 2023 OtherExpensesSchedule
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGE 1 0   0
LICENSES & PERMITS 3 0   0
CHECKS 25 0   25
POSTAGE & DELIVERY 13 0   13
MEALS 120 60   0


TY 2023 OtherIncomeSchedule2
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MORGAN STANLEY 027544 41 41 41
MORGAN STANLEY 027560 22 22 22


TY 2023 OtherProfessionalFeesSchedule
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 21,230 21,230   0


TY 2023 TaxesSchedule
Name:
LARRY AND BEATRICE CHING FOUNDATION
EIN:
99-6003722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 861 861   0
FEDERAL INCOME TAX 1,000 0   0