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Nonprofit · EIN 47-2523341

WLC FAMILY FOUNDATION

Tax-exempt · STOCKTON, CA 95219

Financials

$217K$42K2022$34K$79K2023$283K$82K2024
Revenue Expenses · by fiscal year end
Financials of WLC FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$282,759$82,400$200,359$953,116$0$953,116
October 31, 2024990-PF$34,318$78,712-$44,394$752,757$0$752,757
October 31, 2023990-PF$216,966$41,978$174,988$797,151$0$797,151
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$4,578
Interest
$17
Net rental income
-$12,336
Net gain from sales of assets
$257,283

Expenses

Grants and similar amounts paid
$17,270
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$73,586
Excise tax on investment income
$3,469

Balance sheet and other

Total assets, start of year
$752,757
Total assets, end of year
$953,116
Total liabilities, end of year
$0
Net assets, end of year
$953,116
Fair market value of assets
$2,284,400
Qualifying distributions
$73,586
Net investment income
$282,759

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WEN SHEAN CHERNG
5261 POPPY HILLS CIR STOCKTON CA, Stockton, CA 95219
CEO5$0
LI FANG CHERNG
5261 POPPY HILLS CIR, Stockton, CA 95219
SECRETARY10$0
990-PF for the year ended October 31, 2024: 2 people
NameTitleHours / weekCompensation
WEN SHEAN CHERNG
5261 POPPY HILLS CIR, STOCKTON, CA 95219
CEO5$0
LI FANG CHERNG
5261 POPPY HILLS CIR, STOCKTON, CA 95219
SECRETARY10$0
990-PF for the year ended October 31, 2023: 4 people
NameTitleHours / weekCompensation
WEN SHEAN CHERNG
5261 POPPY HILLS CIR, STOCKTON, CA 95219
CEO5$0
LI FANG CHERNG
5261 POPPY HILLS CIR, STOCKTON, CA 95219
SECRETARY10$0
NANCY REIM
5261 POPPY HILLS CIR, STOCKTON, CA 95219
DIRECTOR1$0
GENE CHERNG
2435 SHIBLEY AVE, SAN JOSE, CA 95125
DIRECTOR1$0

Address and contacts

Address (IRS master file)
5261 POPPY HILLS CIR, STOCKTON, CA 95219-1920
In care of
% WEN SHEAN CHERNG
Signed the 990-PF
WLC FAMILY FOUNDATION, SECRETARY
Phone
(209) 256-1251

California records

California keeps its own records of charities and corporations. Search them by EIN 47-2523341 or by the name WLC FAMILY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file
2022October 31, 2023March 15, 2024990-PF on file

IRS record

EIN
47-2523341
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2015
Accounting year ends
October
Files
Form 990-PF
Category (NTEE)
Education (B90)
Assets (IRS master file)
$953,116
Income (IRS master file)
$646,544

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$282,759$82,400$953,116XML
990-PFOctober 2024$34,318$78,712$752,757XML
990-PFOctober 2023$216,966$41,978$797,151XML
990-PFOctober 2022–––IRS
990-PFOctober 2021–––IRS
990-PFOctober 2020–––IRS
990-PFOctober 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2523341).

Questions about WLC FAMILY FOUNDATION

What is the EIN of WLC FAMILY FOUNDATION?
The employer identification number (EIN) of WLC FAMILY FOUNDATION is 47-2523341.
Is WLC FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to WLC FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does WLC FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WLC FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WLC FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of WLC FAMILY FOUNDATION?
The 990-PF for the year ended October 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does WLC FAMILY FOUNDATION have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $282,759, expenses of $82,400 and total assets of $953,116 at year end.

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