<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-05-07T09:27:45-07:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>953510881</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Sy Lee &amp; Chen LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>362 W Garvey Ave</AddressLine1Txt>
        <CityNm>Monterey Park</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>91754</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>823101408</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE SIMON AND ANN CHEN FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SIMO</BusinessNameControlTxt>
      <PhoneNum>6264292662</PhoneNum>
      <USAddress>
        <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
        <CityNm>LEWES</CityNm>
        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>19958</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SIMON YING CHEN</PersonNm>
      <PersonTitleTxt>Director</PersonTitleTxt>
      <SignatureDt>2024-05-07</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>SIMON YING</PersonFirstNm>
        <PersonLastNm>CHEN</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>CHEN C LEE</PreparerPersonNm>
      <PTIN>P01336977</PTIN>
      <PhoneNum>6262887202</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
        <FederatedAssuranceLevelCd>FAL1</FederatedAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="4">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="23017517" softwareVersionNum="2023v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>503900</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>59968</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>34</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>34</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>34</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>6987</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>6987</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>6987</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>9399</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>55566</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>9399</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>1229</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>76388</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>16420</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>8250</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">900</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>300</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>600</AccountingFeesChrtblPrpsAmt>
        <TravConfMeetingRevAndExpnssAmt>7591</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingNetInvstIncmAmt>2530</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>5061</TravConfMeetingDsbrsChrtblAmt>
        <PrintingAndPubRevAndExpnssAmt>14</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubNetInvstIncmAmt>5</PrintingAndPubNetInvstIncmAmt>
        <PrintingAndPubDsbrsChrtblAmt>10</PrintingAndPubDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">6051</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>5767</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>284</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>14556</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>8602</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>5955</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>37690</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>37690</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>52246</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>8602</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>43645</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>24142</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>7818</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>8250</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>6692</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>9910</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>9910</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>345021</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>365945</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>493990</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>351713</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>375855</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>503900</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>351713</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>375855</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>351713</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>375855</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>351713</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>375855</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>351713</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>24142</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>375855</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>375855</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>95SH ATVI</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-12-18</AcquiredDt>
          <SoldDt>2023-10-13</SoldDt>
          <GrossSalesPriceAmt>9025</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6295</CostOrOtherBasisAmt>
          <GainOrLossAmt>2730</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2730</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>35SH BABA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-12-19</AcquiredDt>
          <SoldDt>2023-12-27</SoldDt>
          <GrossSalesPriceAmt>2650</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6016</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3366</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3366</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>36SH BABA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-12-24</AcquiredDt>
          <SoldDt>2023-12-27</SoldDt>
          <GrossSalesPriceAmt>2726</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8074</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5348</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5348</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>30SH AMAT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-12-26</AcquiredDt>
          <SoldDt>2023-11-27</SoldDt>
          <GrossSalesPriceAmt>4532</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1534</CostOrOtherBasisAmt>
          <GainOrLossAmt>2998</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2998</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100SH CSCO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-12-23</AcquiredDt>
          <SoldDt>2023-08-02</SoldDt>
          <GrossSalesPriceAmt>5292</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6218</CostOrOtherBasisAmt>
          <GainOrLossAmt>-926</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-926</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>160SH JD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-12-15</AcquiredDt>
          <SoldDt>2023-12-27</SoldDt>
          <GrossSalesPriceAmt>4399</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6454</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2055</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2055</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>15SH PH</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-12-23</AcquiredDt>
          <SoldDt>2023-11-27</SoldDt>
          <GrossSalesPriceAmt>6504</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4668</CostOrOtherBasisAmt>
          <GainOrLossAmt>1836</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1836</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>40SH GRVO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-12-26</AcquiredDt>
          <SoldDt>2023-11-27</SoldDt>
          <GrossSalesPriceAmt>3739</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2627</CostOrOtherBasisAmt>
          <GainOrLossAmt>1112</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1112</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>30SH PWR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-29</AcquiredDt>
          <SoldDt>2023-11-27</SoldDt>
          <GrossSalesPriceAmt>5510</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4281</CostOrOtherBasisAmt>
          <GainOrLossAmt>1229</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1229</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>67SH VMW</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2023-09-28</SoldDt>
          <GrossSalesPriceAmt>11189</GrossSalesPriceAmt>
          <GainOrLossAmt>11189</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11189</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>9399</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>1229</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>109</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>109</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>109</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>109</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>DE</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>EMILY CHEN</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6264292662</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
          <CityNm>LEWES</CityNm>
          <StateAbbreviationCd>DE</StateAbbreviationCd>
          <ZIPCd>19958</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SIMON YING CHEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
            <CityNm>LEWES</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19958</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANN CHEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
            <CityNm>LEWES</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19958</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EMILY CHEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
            <CityNm>LEWES</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19958</ZIPCd>
          </USAddress>
          <TitleTxt>Dir, PRES</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ERIC CHEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>16192 COASTAL HIGHWAY</AddressLine1Txt>
            <CityNm>LEWES</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19958</ZIPCd>
          </USAddress>
          <TitleTxt>SEC, TREAS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>431912</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>8362</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>440274</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>440274</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>6604</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>433670</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>21684</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>21684</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>109</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>109</TotalTaxAmt>
        <DistributableBeforeAdjAmt>21575</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>21575</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>21575</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>43645</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>43645</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>21575</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>1891</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>1880</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>2502</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>9281</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>15554</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>43645</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>21575</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>22070</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>37624</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>37624</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1891</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>1880</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>2502</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>9281</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>22070</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FAMILY KEEPERS INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>20672 Carrey Rd</AddressLine1Txt>
            <CityNm>Walnut</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91789</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>INTERNATIONAL CULTURE EXCHANGE ASSO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11931 Foundation Place Suite 220</AddressLine1Txt>
            <CityNm>Gold River</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95670</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KIWANIS CLUB OF MONTEREY PARK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11001 MAIN ST SUITE 200</AddressLine1Txt>
            <CityNm>EL MONTE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91731</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE CENTER FOR ASIA AMERICAN MEDIA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>145 NINTH STREET SUITE 350</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94103</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KUNDIMAN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>113 WEST 60TH STREET ROOM 924</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CREATION AND CULTIVATION OF ASIAN AMERICAN CREATIVE WRITING.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ASIAN YOUTH CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>100 Clary Ave</AddressLine1Txt>
            <CityNm>San Gabriel</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91776</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Culture and Education</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ASIAN AMERICAN JOURNALISTS ASSOCIAT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>231 EAST THIRD STREET</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90013</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ASIAN COUNSELING AND REFERRAL SERVI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3639 Martin Luther King Jr Way S</AddressLine1Txt>
            <CityNm>Seattle</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98144</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>IBPS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3456 GLENMARK DR</AddressLine1Txt>
            <CityNm>HACIENDA HEIGHTS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91745</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>320</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BOCA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3027 DEL MAR AVE</AddressLine1Txt>
            <CityNm>ROSEMEAD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91770</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>370</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CITY OF HOPE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1500E DUARTE RD</AddressLine1Txt>
            <CityNm>DUARTE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91010</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LA MISSION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 54059</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90054</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DAILY CALIFORNIA EDUCATION FOUNDATI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2483 HEARST AVE</AddressLine1Txt>
            <CityNm>Berkeley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94709</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION AND CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>37690</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>34</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>6987</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>9399</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>16420</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>16420</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="23017517" softwareVersionNum="2023v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>SIMON YING CHEN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>6849 N VISTA ST</AddressLine1Txt>
          <CityNm>SAN GABRIEL</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>91775</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>59968</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>30SH APD $ 7,909188SH CP 13,801 15SH BLK 11,154 78SH ABT 8,144100SH SBUX 9,651 20SH MLM 9,309</NoncashPropertyDesc>
        <FairMarketValueAmt>59968</FairMarketValueAmt>
        <ReceivedDt>2023-12-08</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>900</Amt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>600</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>ADR FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>19</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>19</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVISOR FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>4806</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4806</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEDERAL TAX (2022)</Desc>
        <RevenueAndExpensesPerBooksAmt>85</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>85</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>99</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>99</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>278</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>93</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>185</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PENALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>764</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>764</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
  </ReturnData>
</Return>
