2025-10-31T14:22:52-04:00 2024-12-31 823554073 HK & COMPANY AN ACCOUNTANCY CORPORATION 675 MARINERS ISLAND BLVD STE 108 SAN MATEO CA 944041040 990 2024-01-01 912155836 THE PEACH FOUNDATION PEAC 6505251188 1098 MARLIN AVENUE FOSTER CITY CA 94404 RUTH JENG PRESIDENT 6505251188 2025-10-23 true false ZHIHUI HUANG CPA P00548061 6505251988 2025-10-31 X 2024 2025-03-06 01:10:19Z RUTH JENG 1098 MARLIN AVE FOSTER CITY CA 94404 1988494 false X WWW.PEACHFOUNDATIONUSA.ORG X 2001 CA GRANTING SCHOLARSHIPS AND EDUCATIONAL FUNDS TO HELP CHILDREN FROM THE POOREST PARTS OF CHINA AND SOUTHEAST ASIA WITH AN OPPORTUNITY TO COMPLETE A COLLEGE EDUCATION. TO HELP BREAK THE VICIOUS CYCLE OF POVERTY AND TO RAISE THE EDUCATIONAL STANDARD OF THE REGIONS IN WHICH THE CHILDREN LIVE. SEE PART III & SCHEDULE O FOR DETAILS. 5 5 2 9 0 1662507 1580187 0 222673 408307 0 1885180 1988494 1025574 886809 0 67093 67135 0 10456 160832 200545 1253499 1154489 631681 834005 10720702 12224778 1724 4344 10718978 12220434 X GRANTING SCHOLARSHIPS AND EDUCATIONAL FUNDS TO HELP CHILDREN FROM THE POOREST PARTS OF CHINA AND SOUTHEAST ASIA WITH AN OPPORTUNITY TO COMPLETE A COLLEGE EDUCATION. TO HELP BREAK THE VICIOUS CYCLE OF POVERTY AND TO RAISE THE EDUCATIONAL STANDARD OF THE REGIONS IN WHICH THE CHILDREN LIVE. SEE PART III & SCHEDULE O FOR DETAILS. false false 569174 569174 GRANT SCHOLARSHIPS TO STUDENTS IN THE POOREST REGIONS OF CHINA, MAINLY TO SPONSOR THEIR MIDDLE/HIGH SCHOOL AND COLLEGE TUITION FEES. EXCEPTIONS MAY BE MADE FOR ELEMENTARY-LEVEL STUDENTS UNDER SPECIAL CIRCUMSTANCE. 2553 STUDENTS RECEIVED THE SCHOLARSHIPS DURING 2024. SEE ATTACHEMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE AND ATTACHMENT B, SUPPLEMENTAL INFORMATION TO FORM 990 PART III, LINE 4A FOR RECIPIENT DETAIL. 311316 311316 USING 'TEACHER TRAINING FUNDS' TO PURCHASE TEACHING MATERIALS AND TO CONDUCT TRAINING SEMINARS FOR SCHOOLS LOCATED IN THE POOREST REGIONS OF CHINA IN ORDER TO ENHANCE THE EFFECTIVENESS OF TEACHING. SCHOOLS IN CHINA RECEIVED TEACHING MATERIALS AND/OR HELD SEMINARS USING THE TEACHER TRAINING FUNDS IN 2024. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'LIBRARY FUNDS' TO PURCHASE BOOKS FOR SCHOOLS LOCATED IN THE POOREST REGIONS OF CHINA. SCHOOLS RECEIVED BOOKS BOUGHT WITH THE LIBRARY FUNDS IN 2024. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'STUDENT MAGAZINE FUNDS' TO PUBLISH THE FOUNDATION'S MAGAZINE, PEACHER, WHICH COLLECTS ARTICLES FROM SCHOLARSHIP RECIPIENTS AND SERVES AS A VEHICLE FOR THEM TO SHARE IDEAS AND ENHANCE WRITING SKILLS. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'MYANMAR PROJECT FUNDS', 'THAILAND PROJECT FUNDS', AND 'CAMBODIA PROJECT FUNDS' TO HELP THE POOREST CHILDREN TO OBTAIN EDUCATION FROM MIDDLE SCHOOLS TO COLLEGES AND TRAIN TEACHERS TO OBTAIN BETTER TEACHING SKILLS. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. 6319 6319 USING 'STUDENT MEDICAL FUNDS' FOR PHYSICAL EXAMINATIONS AND MEDICAL TREATMENTS DEEMED NECESSARY FOR THOSE SCHOLARSHIP RECIPIENTS WHO CANNOT AFFORD THE EXPENSES THEMSELVES. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. 83140 PAYROLL AND OFFICE EXPENSES ALLOCATED TO PROGRAMS. 83140 969949 true true false false false false false false false false true false false false true false false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false true X 1 0 false 2 true false true CH false false false false false false X 5 5 false false false false false false false true true false false true true true true false false false false false CA X RUTH JENG 6505251188 1098 MARLIN AVE FOSTER CITY CA 94404 RUTH JENG PRESIDENT 40.00 X X 50000 0 0 ANLI CHAO SECRETARY 30.00 X X 0 0 0 LINDA LIM TREASURER X X 0 0 0 EMILY MANN DIRECTOR 10.00 X 0 0 0 CLARA YU DIRECTOR X 0 0 0 50000 false false false 1580187 1580187 408307 408307 1988494 408307 886809 886809 50000 15000 35000 12000 12000 5135 1200 3935 4120 4120 29156 29156 300 300 4886 4886 8996 8996 LIASON OFFICE PAYROLL 121750 60875 60875 LIASON OFFICE EXPENSE 12130 6065 6065 FUNDRAISING 10456 10456 PHONE 2711 2711 6040 6040 1154489 969949 174084 10456 499 499 10364179 11904490 70747 43508 350880 74599 285277 276281 10720702 12224778 1724 4344 1724 4344 X 10718978 12220434 10718978 12220434 10720702 12224778 X 834005 677648 -10197 X false false X 1741134 1450906 1283743 1662507 1580187 7718477 1741134 1450906 1283743 1662507 1580187 7718477 706491 614065 636454 1002221 974470 3933701 706491 614065 636454 1002221 974470 3933701 3784776 159509 188317 153176 259680 408307 1168989 159509 188317 153176 259680 408307 1168989 1900643 1639223 1436919 1922187 1988494 8887466 0.42590 0.47120 0.13000 0.11000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350880 74599 276281 276281 OTHER PAYABLE 4344 4344 true YUNNAN PROVINCE & SICHUAN DISTRIBUTING FUNDS PROVINCE, CHINA & ADMIN PROG SUPPORT 88444 DISTRIBUTING FUNDS MAYNMAR, CAMODIA, THAILAND & ADMIN PROG SUPPORT 45436 DISTRIBUTING FUNDS 133880 133880 GRANT TEACHERS TRAIN 29643 WIRE FUNDS MYANMAR PROJECTS 32468 WIRE FUNDS GRANT MEDICAL FUND 6319 WIRE FUNDS CAMBODIA PROJECTS 7760 WIRE FUNDS THAILAND PROJECTS 130121 WIRE FUNDS SCHOLARSHIPS CHINA 569174 WIRE FUNDS STUDENT SUMMER CAMP CHINA 104951 WIRE FUNDS false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 1. AGENTS IN CHINA CHOOOSE POTENTIAL CANDIDATES AND COLLECT THEIR APPLICATION FORMS. 2. FOUNDATION'S OFFICERS SCREEN CANDIDATS BASED ON CANDIDATES' APPLICATION FORMS. 3. FOUNDATION'S OFFICERS TRAVEL TO CHINA TO VERIFY CANDIDATES' QUALIFICATIONS (MAINLY FINANCIAL STATUS) ON A RANDOM BASIS. 4. FOUNDATION'S OFFICERS WIRE FUNDS TO AGENTS IN CHINA UPON APPROVAL OF GRANTEES. 5. AGENTS IN CHINA DISTRIBUTE FUNDS TO THE GRANTEES IN ACCORDANCE WITH THE INSPECTIONS GIVEN BY THE FOUNDATION'S OFFICERS. 6. GRANTEES ARE REQUIRED TO SEND THEIR RECEIPTS TO THE FOUNDATION'S OFFICERS DIRECTLY. 7. FOUNDATION'S OFFICERS RANDOMLY CHECK WITH THE GRANTEES IN PERSON TO MEKE SURE THAT THEY HAVE INDEED RECEIVED FUNDS. SCHEDULE F, PAGE 1, PART I, LINE 3 YUNNAN PROVINCE & SICHUAN 0 0 PROVINCE, CHINA 88,444 0 0 0 MAYNMAR, CAMODIA, THAILAND 45,436 0 0 0 FORM 990 - ORGANIZATION'S MISSION GRANTING SCHOLARSHIPS AND EDUCATIONAL FUNDS TO HELP CHILDREN FROM THE POOREST PARTS OF CHINA AND SOUTHEAST ASIA WITH AN OPPORTUNITY TO COMPLETE A COLLEGE EDUCATION. TO HELP BREAK THE VICIOUS CYCLE OF POVERTY AND TO RAISE THE EDUCATIONAL STANDARD OF THE REGIONS IN WHICH THE CHILDREN LIVE. SEE PART III & SCHEDULE O FOR DETAILS. FORM 990, PAGE 2, PART III, LINE 4B USING 'TEACHER TRAINING FUNDS' TO PURCHASE TEACHING MATERIALS AND TO CONDUCT TRAINING SEMINARS FOR SCHOOLS LOCATED IN THE POOREST REGIONS OF CHINA IN ORDER TO ENHANCE THE EFFECTIVENESS OF TEACHING. SCHOOLS IN CHINA RECEIVED TEACHING MATERIALS AND/OR HELD SEMINARS USING THE TEACHER TRAINING FUNDS IN 2024. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'LIBRARY FUNDS' TO PURCHASE BOOKS FOR SCHOOLS LOCATED IN THE POOREST REGIONS OF CHINA. SCHOOLS RECEIVED BOOKS BOUGHT WITH THE LIBRARY FUNDS IN 2024. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'STUDENT MAGAZINE FUNDS' TO PUBLISH THE FOUNDATION'S MAGAZINE, PEACHER, WHICH COLLECTS ARTICLES FROM SCHOLARSHIP RECIPIENTS AND SERVES AS A VEHICLE FOR THEM TO SHARE IDEAS AND ENHANCE WRITING SKILLS. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. USING 'MYANMAR PROJECT FUNDS', 'THAILAND PROJECT FUNDS', AND 'CAMBODIA PROJECT FUNDS' TO HELP THE POOREST CHILDREN TO OBTAIN EDUCATION FROM MIDDLE SCHOOLS TO COLLEGES AND TRAIN TEACHERS TO OBTAIN BETTER TEACHING SKILLS. SEE ATTACHMENT A, SCHEDULE TO FORM 990 PART III FOR REFERENCE. FORM 990, PAGE 2, PART III, LINE 4D PAYROLL AND OFFICE EXPENSES ALLOCATED TO PROGRAMS. FORM 990, PART V, LINE 4B CHINA, PEOPLES REPUB, BURMA, THAILAND, CAMBODIA (KAMPUCHEA) FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO THE FOUNDATION'S OFFICERS/DIRECTORS FOR REVIEW BEFORE THE TAX RETURN IS FINALIZED. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ALL INTERESTED PARTIES UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ALL INTERESTED PARTIES UPON REQUEST. FORM 990, PART XI, LINE 9 GAIN ON FOREIGN CURRENCY EXHANGE 0 LOSS ON FOREIGN CURRENCY EXHANGE -10,197 TOTAL -10,197