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        <Description1Txt>1.RELIGIOUS OUTREACH AND CARES FOR TRUE JESUS CHURCHTHE TRUE JESUS CHURCH AND THE GRACE AND JOY HERITAGE FOUNDATION HAS AGREED TO PERFORM THE JOB FOR THE FOLLOWING WORK TO PROMOTE THE COMMUNITY SOCIAL ACTIVITIES FOR THE GENERAL PUBLIC AS WELL AS THE CHURCH MEMBERS. THE ACTIVITIES INCLUDE BUT NOT LIMITED TO THE LIST BELOW.ORGANIZE PROGRAM OF THE EVANGELICAL SERVICES AND SPIRITUAL CONVOCATION TWICE A YEARORGANIZE PROGRAM OF THE HOSANNA OUTREACH EVENTS TWICE A YEARORGANIZE PROGRAM OF THE CARING TEAM IN SAN JOSE CHURCH AND EAST BAY CHURCHORGANIZE PROGRAM OF THE NORTHWEST REGION CHURCH MEMBERS SPIRITUAL GROWTHOTHER COMMUNITY PROGRAM TO PROMOTE THE MENTAL AND SPIRITUAL GROWTH OF THE COMMUNITYCREATE RELIGIOUS EDUCATION TEXTBOOKS FOR THE CHURCH RELIGIOUS CLASSESTHE ACTIVITIES WILL BE SUPPORTED BY MARY HU AND ADDITIONAL PERSONNEL PROVIDED BY THE GRACE &amp; JOY HERITAGE FOUNDATION. THIS PROJECT WILL START FROM JULY 2017 AND CONTINUE UNTIL THE FOUNDATION DECIDE TO STOP IT.</Description1Txt>
        <Expenses1Amt>41914</Expenses1Amt>
        <Description2Txt>2.CHURCH WEBPAGE AND MOBILE APPLICATIONSTHE TRUE JESUS CHURCH AND THE GRACE AND JOY HERITAGE FOUNDATION HAS AGREED TO PERFORM THE JOB FOR THE FOLLOWING WORK TO PROVIDE THE RELIGIOUS INFORMATION AND HYMNAL PRESENTATIONS ON THE CHURCH WEBSITE TO BENEFIT THE CHURCH MEMBERS AND THE GENERAL PUBLIC TO ACCESS THIS INFORMATION. THE ACTIVITIES INCLUDE BUT NOT LIMITED TO THE LIST BELOW.CREATE WEBPAGE CONTENTS AND STRUCTURE FOR THE CHURCHMAINTAIN AND IMPROVE TJC WEBPAGE USER INTERFACEMAINTAIN AND IMPROVE THE MOBILE APPS FOR IOS AND ANDROID MOBILE DEVICESINCLUDE WEBPAGE FOR MULTIPLE LANGUAGES SUPPORT, SUCH AS SPANISH, PORTUGUESE, ETC.MAINTAIN MOBILE APPS USER COMMUNICATIONCREATE AND MAINTAIN THE HYMNAL MOBILE APPS USER COMMUNICATIONTHE ACTIVITIES WILL BE SUPPORTED BY PETER KYONE AND ADDITIONAL PERSONNEL PROVIDED BY THE GRACE &amp; JOY HERITAGE FOUNDATION. THIS PROJECT WILL START FROM JULY 2017 AND CONTINUE UNTIL THE FOUNDATION DECIDE TO STOP THE PROJECT.</Description2Txt>
        <Expenses2Amt>41915</Expenses2Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>920084</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>38316</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>958400</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>958400</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>14376</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>944024</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>47201</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>91524</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>91524</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2016-02-04</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>13824</CurrentYearAmt>
          <Year1Amt>20475</Year1Amt>
          <Year2Amt>23257</Year2Amt>
          <Year3Amt>37274</Year3Amt>
          <TotalAmt>94830</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>11750</CurrentYearAmt>
          <Year1Amt>17404</Year1Amt>
          <Year2Amt>19768</Year2Amt>
          <Year3Amt>31683</Year3Amt>
          <TotalAmt>80606</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>91524</CurrentYearAmt>
          <Year1Amt>165089</Year1Amt>
          <Year2Amt>170742</Year2Amt>
          <Year3Amt>135525</Year3Amt>
          <TotalAmt>562880</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>3500</CurrentYearAmt>
          <Year1Amt>25000</Year1Amt>
          <Year2Amt>30000</Year2Amt>
          <Year3Amt>25000</Year3Amt>
          <TotalAmt>83500</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>88024</CurrentYearAmt>
          <Year1Amt>140089</Year1Amt>
          <Year2Amt>140742</Year2Amt>
          <Year3Amt>110525</Year3Amt>
          <TotalAmt>479380</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>31467</CurrentYearAmt>
          <Year1Amt>30512</Year1Amt>
          <Year2Amt>35233</Year2Amt>
          <Year3Amt>37161</Year3Amt>
          <TotalAmt>134373</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOSEPH Y CHEN</ContributingManagerNm>
        <ContributingManagerNm>GRACIE L CHEN</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUE JESUS CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>123 DEMPSEY RD</AddressLine1Txt>
            <CityNm>MILPITAS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95035</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DONATIONS</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>USGA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>77 LIBERTY CORNER RD</AddressLine1Txt>
            <CityNm>LIBERTY COR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07938</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 C(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DONATIONS</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>3500</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>23</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>20145</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>38883</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>59051</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>59051</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>LEGAL AND PROFESSIONAL EXPENSE</CategoryTxt>
        <Amt>1542</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1542</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB</StockNm>
        <EOYBookValueAmt>186637</EOYBookValueAmt>
        <EOYFMVAmt>265153</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>503958</EOYBookValueAmt>
        <EOYFMVAmt>742510</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXP</Desc>
        <RevenueAndExpensesPerBooksAmt>7428</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7428</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>7428</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROGRAM EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>83829</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>83829</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGE</Desc>
        <RevenueAndExpensesPerBooksAmt>25</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>25</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTEREST EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>2628</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2628</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>OTHER PAYABLE</Desc>
        <BOYBookValueAmt>5296</BOYBookValueAmt>
        <EOYBookValueAmt>3814</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>EIDL LOAN</Desc>
        <BOYBookValueAmt>51100</BOYBookValueAmt>
        <EOYBookValueAmt>51100</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
  </ReturnData>
</Return>