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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
The Chin Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

47-2356672
B Telephone number (see instructions)

(800) 839-1754
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$8,187,788J 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) 2,939,184
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,272 5,272  
4 Dividends and interest from securities... 152,336 152,336  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 46,326
b Gross sales price for all assets on line 6a 3,081,707
7 Capital gain net income (from Part IV, line 2)... 1,149,845
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
3,613 3,613  
12 Total. Add lines 1 through 11........ 3,146,731 1,311,066  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
38,576 38,576    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
18,518 1,818    
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
24,248 685   23,563
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,342 41,079   23,563
25 Contributions, gifts, grants paid....... 2,239,000 2,239,000
26 Total expenses and disbursements. Add lines 24 and 25 2,320,342 41,079   2,262,563
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 826,389
b Net investment income (if negative, enter -0-) 1,269,987
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 1,074,970 1,055,364 1,055,364
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) 40,208    
b Investments—corporate stock (attach schedule)....... 3,280,487 Click to see attachment
List of Attached Documents:
// Content
4,105,491 		4,556,763
c Investments—corporate bonds (attach schedule)....... 1,121,858 Click to see attachment
List of Attached Documents:
// Content
1,131,503 		1,099,993
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).......... 876,922 Click to see attachment
List of Attached Documents:
// Content
928,476 		1,475,668
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) 6,394,445 7,220,834 8,187,788
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,394,445 7,220,834
29 Total net assets or fund balances (see instructions)..... 6,394,445 7,220,834
30 Total liabilities and net assets/fund balances (see instructions). 6,394,445 7,220,834
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
6,394,445
2
Enter amount from Part I, line 27a .....................
2
826,389
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,220,834
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,220,834
Form 990-PF (2024)
Form 990-PF (2024)
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 AG ENERGY PARTNERS II OFFSHORE HOLDINGS LP P 2017-12-07 2024-05-30
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 3,070,955   1,894,638 1,176,317
b 10,752   37,224 -26,472
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       1,176,317
b       -26,472
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 1,149,845
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 17,653
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  
3 Add lines 1 and 2........................... 3 17,653
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 17,653
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 11,938
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,500
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,438
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 0
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 10 785
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow785 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
List of Attached Documents:
// Content
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 arrowDE
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 2024 or the taxable year beginning in 2024? 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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
Pamela Elizabeth Chin Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Patricia A Chin Pres, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
William Chin VP, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
William Edward Chin Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
 
Total number of others receiving over $50,000 for professional services.............right arrow  
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 arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
5,095,217
b
Average of monthly cash balances.......................
1b
325,748
c
Fair market value of all other assets (see instructions)................
1c
1,472,286
d
Total (add lines 1a, b, and c).........................
1d
6,893,251
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
6,893,251
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
103,399
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,789,852
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
339,493
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
339,493
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
17,653
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
17,653
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
321,840
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
321,840
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
321,840
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
2,262,563
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,262,563
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 321,840
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 51,726
b From 2020......  
c From 2021......  
d From 2022...... 135,122
e From 2023...... 2,833,432
f Total of lines 3a through e ........ 3,020,280
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,262,563
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 321,840
e Remaining amount distributed out of corpus 1,940,723
5 Excess distributions carryover applied to 2024.    
(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 4,961,003
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		51,726
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		4,909,277
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 135,122
d Excess from 2023.... 2,833,432
e Excess from 2024.... 1,940,723
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
Patricia A Chin
William Chin
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
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

ABERCROMBIE & KENT PHILANTHROPY INC

1411 OPUS PL STE 300
DOWNERS GROVE,IL60515 		N/A PC Nakatindi student lunch program 75,000

CALIFORNIA STATE UNIVERSITY LOS ANGELES FOUNDATION

5151 STATE UNIVERSITY DR ADM 802
LOS ANGELES,CA90032 		N/A PC Charitable Event 5,000

DENISON UNIVERSITY

PO BOX 2007
MOUNT VERNON,OH43050 		N/A PC Chin Family Scholars Fund 750,000

GREATER LOS ANGELES ZOO ASSOCIATION

655 N CENTRAL AVE 17TH FL
GLENDALLE,CA91203 		N/A PC General & Unrestricted 20,000

INSIDE CLIMATE NEWS

26 COURT ST STE 1617
BROOKLYN,NY11242 		N/A PC General & Unrestricted 5,000

LA MIRADA THEATRE FOR THE PERFORMING ARTS FOUNDATI

13700 LA MIRADA BLVD
LA MIRADA,CA90638 		N/A PC General & Unrestricted 1,000

LISTEN LEBANON IN SERVICE TO EACH NEIGHBOR

60 HANOVER ST
LEBANON,NH03766 		N/A PC General & Unrestricted 5,000

NORTHERN STAGE COMPANY

76 GATES ST
WHITE RIV JCT,VT05001 		N/A PC Annual Fund 1,000

PLANNED PARENTHOOD PASADENA AND SAN GABRIEL VALLEY

2333 LAKE AVE 2ND FL
ALTADENA,CA91001 		N/A PC General & Unrestricted 50,000

RENSSELAER POLYTECHNIC INSTITUTE

PO BOX 3164
BOSTON,MA02241 		N/A PC Scholarship Fund 20,000

THE BRIGHAM & WOMENS HOSPITAL INC

263 HUNTINGTON AVE 318
BOSTON,MA02115 		N/A PC PAC SIM Lab 750,000

TRUSTEES OF MOUNT HOLYOKE COLLEGE

PO BOX 889
SOUTH HADLEY,MA01075 		N/A PC Mount Holyoke College Scholarship Fund 52,000

UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION

118 COLLEGE DR 5210
HATTIESBURG,MS39406 		N/A PC General & Unrestricted 500,000

UPPER VALLEY HAVEN INC

713 HARTFORD AVE
WHITE RIVER JUNCTION,VT05001 		N/A PC General & Unrestricted 5,000
Total .................................right arrow 3a 2,239,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 5,272  
4 Dividends and interest from securities ....     14 152,336  
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 46,326  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		    14 3,473  
bCLASS ACTION LAWSUIT PROCEEDS     01 140  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   207,547  
13Total. Add line 12, columns (b), (d), and (e)..................
13
207,547
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


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Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The Chin Family Foundation
 
Employer identification number

47-2356672
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
The Chin Family Foundation
  		Employer identification number
47-2356672
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CHIN CLAT DTD 12202016 PE CHIN
724 Crest Vista Dr
 
Monterey Park, CA917543748

$ 882,450


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
William and Patricia Chin Trust
724 Crest Vista Dr
 
Monterey Park, CA91754

$ 349,377


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
William Chin Patricia Chin TRUST
724 Crest Vista Dr
 
Monterey Park, CA91754

$ 1,707,357


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The Chin Family Foundation
  		Employer identification number

47-2356672
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 ELI LILLY & CO LLY, 112 sh. $ 84,677 2024-04-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 CHIPOTLE MEX GRILL CMG, 30 sh. $ 88,104 2024-04-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 ARISTA NETWORKS ANET, 607 sh. $ 176,596 2024-04-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 ELI LILLY & CO LLY, 249 sh. $ 226,732 2024-07-01
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 TEXAS ROADHOUSE, INC TXRH, 1310 sh. $ 220,447 2024-07-01
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 CHIPOTLE MEX GRILL CMG, 4558 sh. $ 280,340 2024-07-01
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
The Chin Family Foundation
  		Employer identification number

47-2356672
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 ILLINOIS TOOL WORKS ITW, 260 sh. $ 67,034 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 GOLDMAN SACHS GROUP GS, 119 sh. $ 68,672 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 EMERSON ELECTRIC CO EMR, 537 sh. $ 67,155 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 COSTCO WHOLESALE CORPORATION COST, 101 sh. $ 96,194 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 CHIPOTLE MEX GRILL CMG, 1698 sh. $ 105,310 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 176 sh. $ 80,349 2024-12-24
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
The Chin Family Foundation
  		Employer identification number

47-2356672
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 UNITED PARCEL SERVICE UPS, 544 sh. $ 68,220 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 NVIDIA CORP NVDA, 681 sh. $ 95,527 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 MARRIOTT INTERNATIONAL INC. CL A MAR, 310 sh. $ 88,243 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 LENNOX INTL INC LII, 150 sh. $ 94,286 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 JP MORGAN CHASE JPM, 333 sh. $ 80,180 2024-12-24
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 INTUITIVE SURGICAL ISRG, 129 sh. $ 68,668 2024-12-24
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The Chin Family Foundation
  		Employer identification number

47-2356672
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
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TY 2024 DepreciationSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 InvestmentsCorpBondsSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Name of Bond End of Year Book Value End of Year Fair Market Value
AECOM - 5.125% - 03/15/2027 36,918 32,629
ALTRIA GROUP INC - 4.400% - 02 26,179 23,882
AMERIAN TOWER COPR - 5.450% - 10,049 10,020
AMERICAN TOWER CORP - 3.375% - 10,101 8,791
AMERICAN TOWER CORP NT - 3.800 5,363 4,737
AT&T INC - 4.350% - 03/01/2029 6,867 6,852
AT&T, INC - 2.550% - 12/01/203 17,258 16,927
BAT CAPITAL CORP - 6.241% - 08 18,066 17,970
BAT CAPITAL CORP MTN CALL MAKE 6,435 6,431
BLOCK FINL LLC - 2.500% - 07/1 16,857 15,462
BLOCK FINL LLC - 3.875% - 08/1 8,232 8,303
BOYD GAMING - 4.750% - 12/01/2 8,260 7,734
BROADCOM INC SER B NOTE - 4.11 26,777 23,451
BROWN & BROWN INC - 4.200% - 0 19,565 19,372
BROWN AND BROWN - 5.650% - 06/ 4,208 4,007
CARLISLE COS INC NOTE - 2.750% 22,640 24,178
CDW CORP - 3.250% - 02/15/2029 26,000 23,951
DISCOVERY COMMUNICATIONS LLC - 22,911 19,885
DISCOVERY COMMUNICATIONS LLC - 3,773 3,727
DOLLAR TREE INC - 4.000% - 05/ 6,743 5,978
DOLLAR TREE INC - 4.200% - 05/ 22,692 20,420
ENCOMPASS HEALTH CORP - 4.500% 35,504 32,807
EXPEDIA GROUP INC - 3.800% - 0 10,142 10,626
EXPEDIA GROUP INC SER B NOTE - 12,974 13,940
FISERV INC - 5.650% - 08/21/20 23,796 23,413
FORTUNE BRANDS - 5.875% - 06/0 23,606 23,593
HCA INC - 5.375% - 09/01/2026 26,229 23,068
L BRANDS INC - 7.500% - 06/15/ 27,900 30,915
LOWE'S COMPANIES, INC - 5.150% 23,445 22,883
MARRIOTT INTERNATIONAL INC. CL 23,464 23,546
MGM RESORTS INTERNATIONAL - 6. 32,480 31,887
MICROCHIP TECHNOLOGYINC. SER B 25,260 23,900
MOLSON COORS BEVERAGE CO NOTE 26,128 24,351
MOTOROLA - 4.600% - 02/23/2028 26,806 23,779
NORDSTROM - 4.250% - 08/01/203 27,750 32,359
OLIN CORP NOTE CALL - 5.125% - 23,306 23,489
ORACLE CORP NOTE - 6.250% - 11 22,164 22,268
PHILIP MORRIS INTL INC NOTE - 22,824 22,667
QORVO INC - 4.350% - 10/15/202 27,594 23,446
QUANTA SVCS INC - 2.900% - 10/ 23,721 24,115
SBA COMMUNICATIONS CORP SER B 21,769 24,371
SBA COMMUNICATIONS CORP SER B 10,475 9,587
SERVICE CORP INTL - 5.125% - 0 33,876 32,896
SILGAN HOLDINGS - 4.125% - 02/ 36,365 33,404
TELEFLEX INC - 4.625% - 11/15/ 7,245 6,783
TENET HEALTHCARE CORP SER B NO 32,788 33,938
TOTAL SYSTEMS SERVICES - 4.800 26,581 23,943
TRANSDIGM INC SER B NOTE - 5.5 33,986 34,393
TRINITY ACQUISITION PLC - 4.40 4,625 3,972
UNITED RENTALS NORTH AMER INC 33,044 33,679
VONTIER CORPORATION SER B NOTE 20,699 24,055
WESTINGHOUSE AIR BRAKE TECHNOL 25,170 23,767
WILLIS NORTH AMER - 5.350% - 0 17,859 17,888
WILLIS NORTH AMER INC NOTE - 4 2,214 1,963
YUM BRANDS INC NOTE CALL MAKE 33,820 33,595

TY 2024 InvestmentsCorpStockSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD 6,502 11,440
ABBVIE INC 40,202 46,735
ACCENTURE PLC 14,571 15,127
ACI WORLDWIDE INC 3,436 6,385
ADIDAS AG 3,091 3,897
AIA GROUP LTD ADR 9,030 6,571
AIR PRODS & CHEM INC 18,578 17,982
AIRBNB 15,583 15,901
AIRBUS GROUP 5,593 6,931
AMADEUS IT HLDS SA 9,072 9,876
AMICUS THERAPEUTICS INC 5,295 3,825
ANHEUSER BUSCH COS INC 7,061 5,558
APPLIED IDNS TECH 3,190 3,832
APPLOVIN CORP 13,243 12,306
ARES MANAGEMENT CORPORATION 14,474 17,172
ARGENX SE 8,338 13,530
ASHTEAD GROUP PLC 4,821 3,668
ASML HOLDING NV NY REG SHS 9,958 10,396
ASTRAZENECA 8,014 10,090
AUTODESK, INC 35,014 43,744
AUTOMATIC DATA PROCESSING INC 20,106 24,004
AVIDITY BIOSCIENCES, INC. 2,471 1,570
AVIENT 3,561 3,555
B&M EUROPEAN VALUE RETAIL SA A 1,888 1,180
BAE SYSTEMS PLC 5,690 5,087
BEIGENE LTD 2,133 2,217
BERKSHIRE HATHAWAY INC. CLASS 80,349 79,777
BHP BILLITON LIMITED 1,912 1,563
BILL COM HOLDINGS 3,599 3,388
BP PLC SPONSORED ADR 4,720 3,725
BRAZE, INC 5,723 4,314
BRINKS CO 3,285 2,876
BRITISH AMERICAN TOBACCO PLC 3,384 3,160
BROADCOM INC 52,488 153,245
BUILDERS FIRST SOURCE INC 14,278 11,863
BWX TECHNOLOGIES INC 8,142 13,924
CABOT CP 2,183 2,191
CALRSBERG AS SP ADR REP B 4,411 3,223
CANADIAN NATL RAILWAY CO 6,961 5,888
CAP GEMINI SA UNSP/ADR 8,362 7,239
CHAMPIONX CORP 2,978 4,785
CHARLES RIV LABORATORIES INTL 9,810 7,753
CHEVRON CORP 28,079 23,030
CHEWY INC 6,674 7,468
CHIPOTLE MEX GRILL 118,575 115,776
CHUGAI PHARMACEUTICAL CO., LTD 3,160 2,939
CINTAS CRP 8,590 10,962
CISCO SYSTEMS INC 4,769 5,979
CLEAN HARBORS, INC 5,942 5,984
CME GROUP, INC 13,489 14,630
CONFLUENT, INC 3,593 3,970
CORNING INC 10,264 14,874
COSTCO WHOLESALE CORPORATION 96,194 92,543
CRINETICS PHARMACEUTICALS INC 2,347 3,221
CROWDSTRIKE HOLDINGS, INC 26,038 36,269
CURTISS WRIGHT CP 4,237 7,807
DAIICHI SANKYO CO LTD SPONSORE 7,631 6,850
DAIKIN INDS LTD ADR 4,640 3,478
DBS GROUP HLDGS SPON ADR 4,993 8,015
DECKERS OUTDOOR CORPORATION 3,256 9,342
DELL TECHNOLOGIES INC CLASS C 11,007 15,442
DEUTSCHE BANK AG 3,994 4,280
DFA INVT DIMENSIONS GROUP INC 199,524 250,780
DNB BANK ASA 4,151 4,060
DOCUSIGN INC 17,034 20,416
DOLBY LABORATORIES 15,598 14,370
DORMAN PRODUCTS INC 3,378 4,016
DOXIMITY ORD SHS CLASS A 9,376 14,202
DRIEHAUS EMERGING MARKETS GROW 110,690 120,071
DSV UNSP ADR EACH REPR 0.5 ORD 4,697 5,947
E.L.F. BEAUTY, INC. 14,843 11,048
EATON CORP PLC 12,758 26,218
EATON VANCE FLOATING-RATE & HI 126,305 126,102
ELASTIC NV 3,235 2,972
ELI LILLY & CO 19,655 45,548
EMCOR GROUP INC 3,574 10,894
EMERSON ELECTRIC CO 67,155 66,550
ENGIE 4,887 5,355
ENTEGRIS INC 6,840 7,925
EPIROC AB 8,219 7,361
EQT CORPORATION 4,324 4,888
ESSILOR INTL ADR 6,971 9,895
ETSY INC 10,815 4,972
EVOLUTION GAMING GROUP AB ADR 2,574 2,152
EXLSERVICE HOLDINGS INC 3,369 4,438
EXPEDIA INC 10,179 13,043
EXXON MOBIL CORP 12,804 11,940
FASTENAL COMPANY 4,758 6,112
FERRARI NV 3,402 3,399
FREEPORT-MCMORAN COPPER & GOLD 13,626 14,508
FUJITSU LTD ADR OTC 2,953 3,582
GEN DYNAMICS CP 8,054 7,378
GENMAB A/S SPON 5,044 3,005
GITLAB INC 7,770 9,241
GIVAUDAN SA UNSP/ADR 5,228 6,270
GODADDY INC 5,336 12,632
GOLDMAN SACHS GROUP 68,672 68,142
GQG PARTNERS EMERGING MARKETS 62,580 78,469
GRACO INC 4,452 5,395
GRAINGER W W INC 15,635 17,919
GROUPE DANONE ADS 3,063 3,441
GUGGENHEIM TOTAL RETURN BOND F 118,680 116,363
HAMILTON LANE INC 4,671 5,626
HERMES INTL 10 ADR 3,304 5,259
HITACHI LTD 4,693 7,320
HOME DEPOT INC 24,821 27,229
HONG KONG EX&CL UNSP/ADR 3,195 3,903
HOULIHAN LOKEY INC 5,671 6,599
HOYA CORP SPONS ADR 2,452 2,480
HP INC 9,708 8,614
HUBBELL INCORPORATED 6,398 7,959
HUBSPOT INC 34,173 50,864
HYATT HOTELS CORP 6,633 9,576
IBERDROLA ADR 2,999 3,529
IDEAYA BIOSCIENCES 7,076 4,395
IDEXX CORP 9,760 8,269
ILLINOIS TOOL WORKS 78,689 78,857
IMMUNOCORE HLDGS PLC 6,605 3,393
IMPERIAL BRANDS PL 3,257 4,391
INARI MEDICAL INC 4,006 3,574
INDUSTRIA DE DISENO 4,290 8,571
INSMED INC COM DE 4,842 5,109
INSULET CORPORATION 10,314 12,531
INTUITIVE SURGICAL 68,668 67,333
IONIS PHARMACEUTICALS INC 6,197 4,125
ITOCHU CORP ADR OTC 7,560 8,772
JFROG 5,395 6,147
JOHNSON & JOHNSON 17,775 16,921
JOHNSON CONTROLS INTERNATIONAL 14,956 21,153
JP MORGAN CHASE 99,079 104,034
KEURIG DR PEPPER INC 14,072 12,976
KEYENCE CORPORATION,FIRST SECT 7,057 6,079
KINDER MORGAN INC 6,714 10,330
KNIGHT SWIFT TRANSPORTATION HO 3,174 3,129
KON KPN NV SPON ADR REP 1 ORD 3,605 3,683
L'AIR LIQUIDE ADR OTC 3,871 4,547
L'OREAL ADR 7,744 6,830
L3HARRIS TECHNOLOGIES 19,799 19,766
LATTICE SEMICONDUCTOR 8,951 6,345
LENNOX INTL INC 101,480 99,316
LIBERTY MEDIA CORPORATION - SE 972 1,429
LIBERTY MEDIA CORPORATION - SE 7,861 10,749
LINCOLN ELECTRIC HOLDING INC 5,599 5,062
LOCKHEED MARTIN CORP 16,609 17,494
LONDON STK EXCHANGE GROUP 10,637 12,420
LVMH MOET HENN UNSP 8,917 7,319
MADRIGAL PHARMACEUTICALS 3,499 4,629
MANHATTAN ASSOCIATES INC 6,774 7,567
MARRIOTT INTERNATIONAL INC. CL 88,243 86,471
MARSH AND MCLENNAN COMPANIES I 21,530 26,976
MARUBENI CORP ADR CNV INTO 10 4,110 3,307
MCDONALD'S CORP 26,479 28,409
MERCK & CO INC 36,019 35,017
MICROSOFT CORP 21,759 29,084
MODINE MFG CO 2,612 2,666
MONDELEZ INTERNATIONAL INC 34,637 30,821
MONGODB INC CL A 18,478 14,434
MSCI INC 11,872 12,600
MTU AERO ENGINES 2,825 4,473
MUELLER IND INC 4,380 5,238
MUENCHENER RUECKVERS 5,087 4,870
MURPHY USA INC 7,001 7,526
NATIONAL GRID TRANSCO PLC 4,068 3,595
NATWEST GROUP ADR REPRESENTING 4,838 5,980
NESTLE S.A 10,109 7,108
NETEASE.COM INC COM STK 1,978 1,695
NEUROCRINE BIOSCIENCES, INC 7,636 9,419
NEW YORK TIMES CO CL A 6,118 9,005
NEXTERA ENERGY, INC 31,859 27,887
NOMURA RESEARCH INST LTD 4,968 5,171
NORDSON CP 7,342 6,277
NOTORI HOLDINGS 2,800 2,167
NOVO NORDISK A S 8,348 12,817
NVIDIA CORP 95,527 91,451
OLD DOMINION FREIGHT LINE 16,383 14,112
ONEOK INC 9,386 11,446
OPTION CARE HEALTH INC 3,148 2,088
PALANTIR TECHNOLOGIES INC 3,912 3,933
PATRICK IND INC 3,374 3,323
PAYCHEX 13,940 15,985
PAYLOCITY CORP 3,874 4,787
PEPSICO INC 35,678 30,564
PHILLIPS 66 14,778 15,494
PINTEREST INC 21,022 17,255
PNC FINANCIAL GROUP INC 24,621 29,313
POWER INTEGRATIONS, INC 5,622 3,949
PPL CORPORATION 14,038 15,321
PROCEPT BIOROBOTICS 2,058 2,335
PROCORE TECHNOLOGIES INC 7,659 7,268
PROCTER GAMBLE CO 31,708 34,201
PROLOGIS 10,264 9,196
QUALCOMM INC 7,834 11,061
RAYTHEON TECHNOLOGIES CORP 6,230 7,522
REALTY INCOME CORP 20,764 17,305
RECRUIT HOLDINGS CO 4,229 6,734
RELX PLC 6,604 8,357
ROBINHOOD 4,911 4,658
ROLLS ROYCE GRP PLC S/ADR 6,202 7,705
SAFRAN SA - UNSPON ADR 7,876 14,116
SAP AKTIENGESELL ADS 13,571 20,682
SAREPTA THERAPEUTICS INC 6,291 5,958
SEAGATE TECHNOLOGY HOLDINGS PL 5,311 5,524
SEMPRA ENERGY COM 18,929 22,719
SERVICE NOW 15,188 23,323
SHENKMAN SHORT DURATION HIGH I 108,549 108,385
SHIN-ETSU CHEMICAL C 3,993 4,593
SHOPIFY INC 11,575 19,352
SIKA AG BEARER SHS 5,972 5,308
SMC CORP 6,352 4,351
SMITH A O CORP DEL COM 6,939 6,889
SNOWFLAKE INC 16,798 14,823
SPOTIFY TECHNOLOGY SA 1,859 1,790
SPRINGWORKS THERAPEUTICS INC 5,584 5,853
SPROUTS FARMERS MARKET INC 4,150 5,210
STARBUCKS CORP COM 11,293 10,768
STIFEL FINANCIAL CP 6,310 9,759
STRAUMANN HLDG 2,546 2,527
SUZUKI MOTOR CORP UNSP ADR 3,712 3,737
TAIWAN SEMICONDUCTOR MFG CO LT 7,215 12,639
TAPESTRY INC 6,773 12,347
TDK CORP 3,329 5,702
TE CONNECTIVITY LTD 33,797 36,600
TENCENT HOLDINGS LIMITED 7,560 4,946
TERUMO CORP 1,927 2,282
TEXAS INSTRUMENTS INC 20,673 22,501
TEXAS ROADHOUSE, INC 5,829 6,315
TFI INTERNATIONAL 3,499 4,593
TJX COMPANIES INC 20,786 26,457
TKO GROUP HOLDINGS, INC 9,315 14,779
TOKYO ELECTRON LTD 3,683 4,001
TOPBUILD CORP 3,609 5,604
TOTALENERGIES SE 11,975 10,737
TRACTOR SUPPLY CO COM 11,826 11,939
TRAVELERS COMPANIES INC 23,955 30,834
TYLER TECHNOLOGIES, INC 8,781 14,993
UNICHARM CORP - SPN ADR 2,391 1,418
UNICREDIT SPA 6,207 6,733
UNITED PARCEL SERVICE 74,251 73,012
UNITEDHEALTH GROUP INC 27,971 26,305
VALVOLINE INC 3,155 2,894
VERRA MOBILITY CORPORATION 4,758 4,062
VERTEX PHARMCTLS INC 45,002 47,116
VERTIV CL A 17,911 22,381
VIKING THERAPEUTICS INC 2,303 1,449
VIRTUS KAR SMALL-MID CAP CORE 112,689 124,787
WEC ENERGY GROUP, INC 9,926 9,874
WESTERN DIGITAL CORP 5,523 6,380
WILLIAMS COS 24,767 37,505
WINGSTOP INC 5,872 9,663
WINTRUST FINANCIAL CORPORATION 5,841 7,358
XENON PHARMACEUTICALS 3,030 2,940

TY 2024 InvestmentsOtherSchedule2
Name:
The Chin Family Foundation
EIN:
47-2356672
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALPHAKEYS MILLENIUM FD (OFFSHO   393,384 515,727
ATLAS ENHANCED FUND LTD CL Y-1   215,920 600,109
CLOVER PRIVATE CREDIT OPP ORIG   202,056 187,553
CLOVER PRIVATE CREDIT OPP SECO   50,865 95,238
CLOVER PRIVATE CREDIT OPPORTUN   66,251 77,041

TY 2024 LiquidationExplanationStmt
Name:
The Chin Family Foundation
EIN:
47-2356672
Statement:
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,239,000. This amount represents 25% or more of the Foundation's net assets of $6,974,598 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


TY 2024 OtherExpensesSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 23,538     23,538
Bank Charges 627 627    
K-1 Exp CLOVER PRIVATE CREDIT 58 58    
State or Local Filing Fees 25     25


TY 2024 OtherIncomeSchedule2
Name:
The Chin Family Foundation
EIN:
47-2356672
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss CLOVER PRIVATE CREDIT OPPORTUNITIES 3,473 3,473  
Class Action Lawsuit Proceeds 140 140  


TY 2024 OtherProfessionalFeesSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 38,576 38,576    


TY 2024 TaxesSchedule
Name:
The Chin Family Foundation
EIN:
47-2356672
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 11,300      
990-PF Extension for 2023 5,400      
Foreign Tax Paid 1,818 1,818