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Nonprofit · EIN 82-3662877

HWEI LIN AND THOMAS SUNG FOUNDATION INC

Tax-exempt · NEW YORK, NY 10013

Financials

$253K$109K2022$353K$207K2023$316K$113K2024
Revenue Expenses · by fiscal year end
Financials of HWEI LIN AND THOMAS SUNG FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$316,499$113,310$203,189$3,667,999$0$3,667,999
December 31, 2023990-PF$352,887$207,353$145,534$3,464,810$0$3,464,810
December 31, 2022990-PF (amended)$253,218$109,362$143,856$3,319,276$0$3,319,276
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$196,934
Dividends
$124,981
Net gain from sales of assets
-$5,416

Expenses

Grants and similar amounts paid
$106,900
Disbursements for charitable purposes
$112,544
Excise tax on investment income
$1,667

Balance sheet and other

Total assets, start of year
$3,464,810
Total assets, end of year
$3,667,999
Total liabilities, end of year
$0
Net assets, end of year
$3,667,999
Fair market value of assets
$3,249,493
Qualifying distributions
$112,544
Net investment income
$124,981

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
THOMAS SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
PRESIDENT4$0
HWEI LIN SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
VICE PRESIDENT1$0
VERA SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
SECRETARY2$0
JILL SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
TREASURER1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
THOMAS SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
President4$0
HWEI LIN SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Vice President1$0
VERA SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Secretary2$0
JILL SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Treasurer1$0
990-PF for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
THOMAS SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
President4$0
HWEI LIN SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Vice President1$0
VERA SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Secretary2$0
JILL SUNG
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013
Treasurer1$0

Address and contacts

Address (IRS master file)
6 BOWERY 6TH FLOOR, NEW YORK, NY 10013-5101
Signed the 990-PF
VERA SUNG, SECRETARY
Phone
(212) 964-8366
Return prepared by
WYCPAS 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-3662877
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
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,667,999
Income (IRS master file)
$514,384

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$316,499$113,310$3,667,999XML
990-PFDecember 2023$352,887$207,353$3,464,810XML
990-PFDecember 2022$253,218$109,362$3,319,276XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 82-3662877).

Questions about HWEI LIN AND THOMAS SUNG FOUNDATION INC

What is the EIN of HWEI LIN AND THOMAS SUNG FOUNDATION INC?
The employer identification number (EIN) of HWEI LIN AND THOMAS SUNG FOUNDATION INC is 82-3662877.
Is HWEI LIN AND THOMAS SUNG FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to HWEI LIN AND THOMAS SUNG FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does HWEI LIN AND THOMAS SUNG FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HWEI LIN AND THOMAS SUNG FOUNDATION INC 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 HWEI LIN AND THOMAS SUNG FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of HWEI LIN AND THOMAS SUNG FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does HWEI LIN AND THOMAS SUNG FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $316,499, expenses of $113,310 and total assets of $3,667,999 at year end.

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