2024-11-15T21:30:58-06:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 274068790 Jeremy Lin Foundation % Jeremy Lin Foundation JERE 8008391754 3790 EL CAMINO REAL UNIT 194 Palo Alto CA 94306 PHILLIP JUNG TREASURER 8008391754 2024-11-15 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X 11878747 X 911423 8956 8956 147235 147235 159310 1288966 184650 146986 162065 1373910 502906 24000 24000 183333 183333 61557 61557 43063 43063 12200 15830 15830 627 627 130163 54893 71947 470773 97956 357294 821000 821000 1291773 97956 1178294 82137 404950 475130 486396 486396 154341 3302 154341 154341 1166361 1367360 1300104 2796203 3125508 3920441 458682 557522 552894 750000 250000 250000 4389232 4179920 5214571 10038910 10121047 11878747 0 0 X 9938910 10019777 100000 101270 10038910 10121047 10038910 10121047 10038910 82137 10121047 10121047 Publicly-traded Securities 1263828 1109369 154459 154459 Passthrough K1 Capital Gain/(Loss) -6237 ADVANCE TRADE GROWTH OFFSHORE FD LTD P 2019-11-04 2023-08-04 25138 8929 16209 16209 DISTRIB IN EXCESS OF BASIS - KIMPACT EVERGREEN REAL ESTATE P 20219 184650 5629 5629 5629 8000 0 8000 X 0 2371 2371 false false false false false true true false true true CA true false true false false true Jeremy Lin Foundation 8008391754 3790 El Camino Real 194 Palo Alto CA 94306 false false false false true false false false false false false false false false false false false false false false false false Phillip Jung 3790 EL CAMINO REAL UNIT 194 Palo Alto CA 94306 Dir, Treas 2.0 6000 0 0 Jeremy Lin 3790 EL CAMINO REAL UNIT 194 Palo Alto CA 94306 Dir 1.0 0 0 0 Joshua Lin 3790 EL CAMINO REAL UNIT 194 Palo Alto CA 94306 Dir, Sec, VP 1.0 6000 0 0 Patricia Sun 3790 EL CAMINO REAL UNIT 194 Palo Alto CA 94306 Dir, Pres 10.0 12000 0 0 STEPHANIE HSU 3790 EL CAMINO REAL UNIT 194 PALO ALTO CA 94036 Executive Director 35.0 183333 48644 STRONG TOGETHER COLLABORATIVE: A WORKSHOP FOR LEADERS/ORGANIZATIONS THAT SERVE NYC ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) & CROSS-RACIAL YOUTH 32730 4921747 519893 5681204 11122844 0 11122844 166843 10956001 547800 547800 5629 5629 542171 542171 542171 1178294 0 0 0 0 1178294 542171 125184 125184 1178294 542171 636123 761307 0 50000 711307 75184 636123 Jeremy Lin X ADHIKAAR FOR HUMAN RIGHTS AND SOCIAL JUSTICE 7107 WOODSIDE AVE 1ST FL WOODSIDE NY 11377 N/A PC General & Unrestricted 52000 APEX FOR YOUTH INC 195 CHRYSTIE ST 200 NEW YORK NY 10002 N/A PC General & Unrestricted 52000 ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES 50 BROAD ST 1002 NEW YORK NY 10004 N/A PC General & Unrestricted 52000 BOSTON CHINATOWN NEIGHBORHOOD CENTER INC 38 ASH ST BOSTON MA 02111 N/A PC General & Unrestricted 25000 CHINATOWN YOUTH INITIATIVES 333 SCHERMERHORN ST APT 16B BROOKLYN NY 11217 N/A PC General & Unrestricted 52000 COMMITTEE AGAINST ANTI ASIAN VIOLENCE 55 HESTER ST NEW YORK NY 10002 N/A PC General & Unrestricted 52000 COMMUNITY YOUTH CENTER OF SAN FRANCISCO 1038 POST ST SAN FRANCISCO CA 94109 N/A PC General & Unrestricted 50000 DRUM-DESIS RISING UP AND MOVING INC 72-18 ROOSEVELT AVE STE 2 JACKSON HEIGHTS NY 11372 N/A PC General & Unrestricted 50000 EAST BAY ASIAN YOUTH CENTER 2025 E 12TH ST OAKLAND CA 94606 N/A PC General & Unrestricted 50000 HARBOR HOUSE MINISTRIES INC 1811 11TH AVE OAKLAND CA 94606 N/A PC General & Unrestricted 50000 HOPE HORIZON EAST PALO ALTO 1001 BEECH ST E PALO ALTO CA 94303 N/A PC General & Unrestricted 50000 MEKONG INC 2471 UNIVERSITY AVE BRONX NY 10468 N/A PC General & Unrestricted 52000 MINKWON CENTER FOR COMMUNITY ACTION INC 13329 41ST AVE STE 202 FLUSHING NY 11355 N/A PC General & Unrestricted 52000 SOUTH ASIAN YOUTH ACTION SAYA INC 5405 SEABURY ST ELMHURST NY 11373 N/A PC General & Unrestricted 52000 STREETCODE ACADEMY PO BOX 51867 E PALO ALTO CA 94303 N/A PC General & Unrestricted 50000 TRYBE INC 3542 FRUITVALE AVE 135 OAKLAND CA 94602 N/A PC General & Unrestricted 80000 821000 14 8956 14 147235 525990 278 18 159032 K-1 Inc/Loss 525990 -15080 14 128708 INTEREST INCOME FROM MORTGAGE RECEIVABLE 14 33358 -14802 477289 462487 false false false false false false false false false false X X 1 DICK'S Sporting Goods Foundation c/o Aimee Waters 345 Court St Coraopolis PA 151083817 50000 X 2 F L 55 WALLS DRIVE 3RD FL Fairfield CT 06824 250000 X 3 Lin Jeremy 55 WALLS DRIVE 3RD FL Fairfield CT 06824 252832 X 4 Ma Siyuan 55 WALLS DRIVE 3RD FL Fairfield CT 06824 5000 X 5 NBPA Foundation 1133 Avenue of the Americas New York NY 10036 15000 X 6 Rechnitz Steve 55 WALLS DRIVE 3RD FL Fairfield CT 06824 40000 X 7 Sanzo Brands Inc 228 Park Ave S PMB 67188 Brooklyn NY 10003 5000 X 8 The Asian American Foundation c/o Norman Chen CEO PO Box 21749 Washington DC 200099749 250000 X 9 The Chinese Canadian Youth Athletic 101 Town Center Blvd Markham CA L3R 9W3 24966 X 10 Williams Angelique 55 WALLS DRIVE 3RD FL Fairfield CT 06824 5000 X 3 VANGUARD TOTAL STOCK MARKET ETF VTI, 247 sh. 58893 2023-12-28 3 SPDR GOLD SHARES GLD, 911 sh. 175062 2023-12-28 3 ISHARES GOLD TR IAU, 481 sh. 18876 2023-12-28 Part XII, Line 7 (990-PF) Part XII, Line 7 (990-PF) Jeremy Lin Foundation (the "Foundation") received a grant of $50,000 in the taxable year ending December 31, 2023 from DICK'S Sporting Goods Foundation, a private non-operating foundation. As reported in Part XII, Line 7, the Foundation is treating $50,000 of its 2022 qualifying distributions in excess of the immediately preceding tax year's undistributed income as distributions out of corpus as required by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). Additionally, as required, the Foundation has no remaining undistributed income for 2023. PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $159,032 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $278 TOTAL PART I, LINE 6A: $159,310 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,263,828 BOOK BASIS: $1,134,987 NET GAIN/(LOSS): $128,841 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $(6,237) ADVANCE TRADE GROWTH OFFSHORE FD LTD GROSS SALES PRICE: $25,138 BOOK BASIS: $8,929 NET GAIN/(LOSS): $16,209 DISTRIB IN EXCESS OF BASIS - KIMPACT NET GAIN/(LOSS): $20,219 FORM 990-PF FORM 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. FORM 990-PF FORM 990-PF One or more partnerships in which the foundation was invested in 2023 have provided a Schedule K-1 indicating that a Schedule K-3 would be provided, but it was not provided. As a result, there is insufficient information to allow Foundation Source, as tax preparer, to ascertain whether there is missing information about direct or indirect foreign investments that might have affected any item on this return or required additional forms to be filed. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. AMERICAN EXPRESS CO NOTE - 4.0 37638 38647 BANK OF AMERICA - 3.950% - 04/ 38876 36386 CITIGROUP - 3.700% - 01/12/202 39907 40038 EL PASO PIPELINE - 4.300% - 05 41390 40780 ENERGY TRANSFER OPERATING LP - 35834 33873 ENERGY TRANSFER PARTNERS DTD - 7846 7871 GOLDMAN SACHS GROUP - 2.640% - 39414 40788 GREAT LAKES WAT - 1.654% - 07/ 54742 52548 HOME DEPOT - 1.500% - 09/15/20 32985 34611 NEW YORK NEW Y C - 1.890% - 05 43505 44238 PNC FINL - 5.354% - 12/02/2028 29868 30383 ROYAL BANK OF CANADA - 2.550% 35029 34479 SCHWAB CHARLES CORP NOTE CALL 19331 15892 STATE STREET - 1.684% - 11/18/ 32126 33031 TOYOTA MOTOR CRE - 4.450% - 05 29668 29925 US BANCORP - 4.653% - 02/01/20 39363 39404 CLIFFWATER CORPORATE LENDING F 230000 228029 INVESCO QQQ TRUST 168110 450472 ISHARES GOLD TR 18876 18773 SPDR GOLD SHARES 175062 174156 VANGUARD FTSE DEVELOPED MARKET 746419 819090 VANGUARD FTSE EMERGING MARKETS 390856 393738 VANGUARD TOTAL STOCK MARKET ET 1105543 1529358 WORLD GOLD TRUST SPDR GOLD MIN 290642 306825 1367360 1300104 BREVET DIRECT LENDING - SHOR 646427 773673 CAPROCK IMPACT PARTNERS I, L.P 94262 108489 CIM ENTERPRISE LOAN FUND L.P 267772 269318 COLUMBIA PACIFIC 2016 ACQUISIT 194660 35067 GOODWATER CAPITAL IV LP 138074 130899 GREENBACKER RENEWABLE ENRGY CO 357995 475093 KAIROS CREDIT STRATEGIES REIT 299873 299819 KEYSTONE REAL ESTATE LENDING F 305537 300000 KIMPACT EVERGREEN REAL ESTATE 515830 LEGACY VENTURE X, LLC 134044 125765 MARATHON DISTRESSED CREDIT FUN 269526 264756 PENNYBACKVI 23345 17775 REACH III, LP 150499 179581 REDWOOD-KAIROS RE VALUE FND VI 119035 198069 REDWOOD-KAIROS REAL ESTATE VAL 61188 157952 SAF III (NON-US FEEDER), LP 307994 270145 SOVEREIGN'S CAPITAL III, LP 184259 277121 TCG PRIVATE SELECT PTNRS II 214633 323984 TCG PRIVATE SELECT PTNRS III 314862 434031 TRILINC GLOBAL IMPACT FUND LLC 95935 57204 Administrative Fees 33822 33822 Bank Charges 438 438 Indemnification Insurance 3625 3625 K-1 Exp BREVET DIRECT LENDING 1576 20 K-1 Exp CAPROCK IMPACT PARTNER 6422 5855 K-1 Exp CIM ENTERPRISE LOAN FU 54 54 K-1 Exp COLUMBIA PACIFIC 2016 657 656 K-1 Exp GOODWATER CAPITAL IV L 7213 7213 K-1 Exp GREENBACKER RENEWABLE 920 920 K-1 Exp KEYSTONE REAL ESTATE L 1002 1002 K-1 Exp LEGACY VENTURE X, LLC 7576 7575 K-1 Exp MARATHON DISTRESSED CR 4390 3887 K-1 Exp PENNYBACKVI 1495 924 K-1 Exp REACH III, LP 6496 6496 K-1 Exp REDWOOD-KAIROS RE VALU 8 K-1 Exp REDWOOD-KAIROS REAL ES 302 301 K-1 Exp SAF III (NON-US FEEDER 157 157 K-1 Exp SOVEREIGN'S CAPITAL II 6721 6721 K-1 Exp TCG PRIVATE SELECT PAR 4366 4331 K-1 Exp TCG PRIVATE SELECT PAR 8423 8343 DONATION PROCESSING FEES 1240 1240 OFFICE & SUPPLIES 728 728 State or Local Filing Fees 1632 1632 TRAINING & PROFESSIONAL DEV 30900 30900 K-1 Inc/Loss BREVET DIRECT LENDING - SH 46134 36393 K-1 Inc/Loss CAPROCK IMPACT PARTNERS I, L.P -274 1568 K-1 Inc/Loss CIM ENTERPRISE LOAN FUND L.P 20261 20261 K-1 Inc/Loss COLUMBIA PACIFIC 2016 ACQUISITION II -10948 K-1 Inc/Loss GOODWATER CAPITAL IV LP 307 307 K-1 Inc/Loss GREENBACKER RENEWABLE ENRGY CO LLC 7341 7341 K-1 Inc/Loss KEYSTONE REAL ESTATE LENDING FUND, L 25935 25935 K-1 Inc/Loss KIMPACT EVERGREEN REAL ESTATE INV FD 1165 1165 K-1 Inc/Loss LEGACY VENTURE X, LLC 831 666 K-1 Inc/Loss MARATHON DISTRESSED CREDIT FUND, L.P 21815 15544 K-1 Inc/Loss PENNYBACKVI -6226 -1586 K-1 Inc/Loss REACH III, LP 153 153 K-1 Inc/Loss REDWOOD-KAIROS RE VALUE FND VIII -2793 -708 K-1 Inc/Loss REDWOOD-KAIROS REAL ESTATE VALUE FUN -14133 -1213 K-1 Inc/Loss SAF III (NON-US FEEDER), LP 10328 10328 K-1 Inc/Loss SOVEREIGN'S CAPITAL III, LP 6162 6162 K-1 Inc/Loss TCG PRIVATE SELECT PARTNERS II, L.P 2043 3093 K-1 Inc/Loss TCG PRIVATE SELECT PARTNERS III, LP 2205 -24 K-1 Inc/Loss TRILINC GLOBAL IMPACT FUND LLC 3322 3322 interest income from mortgage receivable 33358 33358 Investment Management Services 43063 43063 F L 55 WALLS DRIVE 3RD FL Fairfield CT 06824 990-PF Estimated Tax for 2023 4800 990-PF Extension for 2022 2200 990-T Extension for 2022 5200