Nonprofit · EIN 62-1720872
CHOU FAMILY FOUNDATION
Tax-exempt · RALEIGH, NC 27614
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-PF | $105,999 | $96,898 | $9,101 | $1,403,279 | $3,268 | $1,400,011 |
Financial details: 990-PF for the year ended December 31, 2023
Revenue
- Dividends
- $35,222
- Interest
- $275
- Net gain from sales of assets
- $65,068
- Other income
- $5,434
Expenses
- Grants and similar amounts paid
- $74,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $82,631
- Excise tax on investment income
- $1,306
Balance sheet and other
- Total assets, start of year
- $1,375,910
- Total assets, end of year
- $1,403,279
- Total liabilities, end of year
- $3,268
- Net assets, end of year
- $1,400,011
- Fair market value of assets
- $1,799,545
- Qualifying distributions
- $82,631
- Net investment income
- $106,434
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 December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL CHOU 13300 DURANT ROAD, RALEIGH, NC 27614 | TRUSTEE | 1 | $0 |
| ALICE CHOU 13300 DURANT ROAD, RALEIGH, NC 27614 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 13300 DURANT RD, RALEIGH, NC 27614-9199
- In care of
- % PAUL C CHOU
- Signed the 990-PF
- PAUL CHOU, TRUSTEE
- Phone
- (919) 846-8661
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 62-1720872
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,403,279
- Income (IRS master file)
- $347,411
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2023 | $105,999 | $96,898 | $1,403,279 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 62-1720872).
Questions about CHOU FAMILY FOUNDATION
- What is the EIN of CHOU FAMILY FOUNDATION?
- The employer identification number (EIN) of CHOU FAMILY FOUNDATION is 62-1720872.
- Is CHOU FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to CHOU FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHOU FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHOU FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHOU FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2023.
- Who are the officers and directors of CHOU FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does CHOU FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2023 it reported revenue of $105,999, expenses of $96,898 and total assets of $1,403,279 at year end.
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All nonprofits in RALEIGH · North Carolina · Philanthropy, voluntarism and grantmaking foundations