2025-11-13T13:11:18-06:00 2024-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2024-01-01 874812150 YUAN FOUNDATION YUAN 2405797456 12358 PARKLAWN DRIVE 110 NORTH BETHESDA MD 20852 TING TANG CHIEF EXECUTIVE OFFICER 2405797456 2025-11-06 1 1 JULIA L LAFFERTY P02288149 3019860600 2025-11-06 2024 2025-03-06 01:10:19Z TING TANG 12358 PARKLAWN DRIVE 110 NORTH BETHESDA MD 20852 227205 0 X YUAN.FOUNDATION X 2022 DC THE FOUNDATION IS DEDICATED TO THE ENRICHMENT OF THE UNITED STATES BY ENCOURAGING CITIZENS TO EMBRACE THEIR RIGHTS AND RESPONSIBILITIES, BY PROMOTING THE FOUNDING IDEALS OF LIBERTY AND DEMOCRACY AND PROVIDING A PLATFORM FOR VOICING COMMON CONCERNS AND INTERESTS. 5 3 3 33 0 0 526510 214465 7824 6110 0 0 0 2453 534334 223028 5800 0 0 0 233505 220519 0 0 76609 185830 197163 425135 417682 109199 -194654 437984 15008 276162 47840 161822 -32832 THE FOUNDATION IS DEDICATED TO THE ENRICHMENT OF THE UNITED STATES BY ENCOURAGING CITIZENS TO EMBRACE THEIR RIGHTS AND RESPONSIBILITIES, BY PROMOTING THE FOUNDING IDEALS OF LIBERTY AND DEMOCRACY AND PROVIDING A PLATFORM FOR VOICING COMMON CONCERNS AND INTERESTS. 0 0 275178 0 8563 THE FOUNDATION IS A NON-PARTISAN ORGANIZATION WITHOUT ITS OWN POLICY OBJECTIVES THAT PROVIDES A PLATFORM FOR THE EXCHANGE OF IDEAS, INCREASED PUBLIC AWARENESS, ENGAGEMENT OF THE COMMUNITY IN THE ELECTORAL PROCESS, AND PARTICIPATION IN THEIR FEDERAL, STATE, AND LOCAL GOVERNMENTS. THE FOUNDATION DOES THIS THROUGH MEDIA OUTREACH, EDUCATIONAL EVENTS AND OPPORTUNITIES, AND CONDUCTING RESEARCH ON TOPICS RELEVANT TO THE FOUNDATION'S MISSION. 275178 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ ND NY NC OH OR PA RI SC TN VA WV WI WA X STEPHANIE GUALINO 2405797456 12358 PARKLAWN DRIVE 110 NORTH BETHESDA MD 20852 TING TANG CHIEF EXECUTIVE OFFICER 40.00 X X 68034 0 21770 STEPHANY YU CHAIR 10.00 X X 0 0 0 WEIHONG CUI VICE CHAIR 0.50 X X 0 0 0 FANGHUA JIANG DIRECTOR 0.50 X 0 0 0 BING LU DIRECTOR 0.50 X 0 0 0 STEPHANIE GUALINO TREASURER 1.00 X 0 0 0 ARIC LAVINTHAL SECRETARY 1.00 X 0 0 0 68034 0 21770 0 0 0 0 0 214465 214465 PROGRAM REVENUE 900099 6110 6110 6110 4177 4177 0 0 MISCELLANEOUS REVENUE 900099 2453 2453 2453 223028 8563 0 0 X 89804 66185 5074 18545 110043 81100 6218 22725 2323 1712 131 480 8815 6497 498 1820 9534 7026 539 1969 26207 26207 74641 55478 4816 14347 804 402 402 21412 12152 2958 6302 48517 35757 2741 10019 8348 4174 4174 620 620 2496 2496 MISCELLANEOUS 13618 4695 8923 OTHER EXPENSES 500 500 417682 275178 65895 76609 173149 14200 7 2479 808 0 996 261353 0 437984 15008 15087 6289 261075 41551 276162 47840 X 161822 -32832 161822 -32832 437984 15008 -194654 0 X 1 X 0 0 0 X 257003 526510 214465 997978 2960 7824 6110 16894 259963 534334 220575 1014872 253223 525000 206000 984223 0 253223 525000 206000 984223 30649 2453 2453 259963 534334 223028 1017325 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2024 AMOUNT: $ 2,453. PART III, LINE 1, COLUMN (C) 2022 THIS COLUMN REPRESENTS THE INITIAL SHORT YEAR OF THE FOUNDATION (01/14/2022 - 12/31/2022). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO SUNWATER CAPITAL MANAGEMENT 36359 DUE TO YUAN MEDIA 5192 41551 X PART X, LINE 2: THE FOUNDATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO TAX POSITIONS TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. STEPHANY YU CHAIR 48517 RENT PAID TO GREENCOURT LLC. THE CHAIR IS AN INDIRECT OWNER OF GREENCOURT LLC. 0 STEPHANY YU CHAIR 69476 BACKOFFICE FEES PAID TO SUNWATER CAPITAL MANAGEMENT. THE CHAIR IS AN OWNER OF SUNWATER CAPITAL MANAGEMENT. 0 FORM 990, PART IV, LINE 33: SALE OF SUBSIDIARY - DUE TO CONTINUED OPERATIONAL AND FINANCIAL CHALLENGES OF MAINTAINING YUAN MEDIA UNDER THE FOUNDATION'S OWNERSHIP ON DECEMBER 5, 2024, THE FOUNDATION'S BOARD OF DIRECTORS APPROVED A RESOLUTION TO SELL YUAN MEDIA TO SUNWATER III LLC, WHICH IS OWNED BY SUNWATER GROUP, LLC. THE SALE WAS FINALIZED ON DECEMBER 13, 2024. THE NET BOOK VALUE OF YUAN MEDIA'S ASSETS AND LIABILITIES AT THE TIME OF SALE WAS $4,177 AND CONSISTED OF CASH BALANCES, COMPUTER EQUIPMENT, ACCOUNTS RECEIVABLE, AND ACCOUNTS PAYABLE BALANCES, ALL VENDOR CONTRACTS INCLUDING THE TRANSFER TO THE OPERATING LEASE FOR OFFICE SPACE. NO GAIN OR LOSS WAS RECOGNIZED ON THE SALE. FORM 990, PART VI, SECTION A, LINE 2 STEPHANY YU, BING LU, ARIC LAVINTHAL, AND STEPHANIE GUALINO EACH HAVE A BUSINESS RELATIONSHIP AS EMPLOYEES OF DIFFERENT ENTITIES IN WHICH MS. YU HAS AN OWNERSHIP INTEREST. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REVIEWS THE CONFLICT OF INTEREST POLICY FOR POSSIBLE VIOLATIONS AT EACH ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION APPROVES COMPENSATION THROUGH IMPARTIAL DECISION MAKERS USING COMPARABILITY DATA AND WRITTEN JOB DESCRIPTIONS FOR POSITIONS AT SIMILAR ORGANIZATIONS. THE FOUNDATION DOCUMENTS HOW IT REACHED ITS DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 55,478. MANAGEMENT AND GENERAL EXPENSES 4,816. FUNDRAISING EXPENSES 14,347. TOTAL EXPENSES 74,641.