2025-11-17T22:21:23-06:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-03-28 992966950 SHEIN Foundation % SHEIN Foundation SHEI 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 annabella ng executive director 8008391754 2025-11-11 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X X 4332837 X 6960000 15284 15284 0 6975284 15284 0 24508 819 23689 29339 29339 53847 819 53028 2588600 2588600 2642447 819 2641628 4332837 14465 0 4332837 4332837 0 4332837 4332837 0 0 X 4332837 0 4332837 0 4332837 0 4332837 4332837 4332837 201 201 201 0 300 300 99 99 false false false false false false true true true DE true false true false false true SHEIN Foundation 6560283873 757 S Alameda St Suite 340 Los Angeles CA 90021 false false true false false false false false false false false false false false false false false false false false false false Peter Day Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 Leonard Lin Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Annabella Ng Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres 1.0 0 0 0 Sharon Tan Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 Donald Tang Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Frances Townsend Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 0 1439417 0 1439417 0 1439417 21591 1417826 54040 54040 201 201 53839 53839 53839 2641628 0 0 0 0 2641628 53839 2641628 53839 2587789 2587789 0 2587789 2587789 NONE X AFRICA COLLECT TEXTILES FOUNDATION EBP BD RD 41 PO BOX 1423-00618 RUARAKA NAIROBI KE N/A PC General & Unrestricted 2088600 THE ASSOCIATION OF PROFESSIONAL SCHOOLS OF INTERNA 1001 CONNECTICUT AVE NW STE 63 WASHINGTON DC 20036 N/A PC General & Unrestricted 250000 THE ASSOCIATION OF PROFESSIONAL SCHOOLS OF INTERNA 1001 CONNECTICUT AVE NW STE 63 WASHINGTON DC 20036 N/A PC School of International and Public Affairs Columbia University International Affairs Building 250000 2588600 14 15284 15284 15284 false false false false false false false false false false X X 1 SHEIN Group 12 Marina Blvd 15-01 Marina Bay FC Singapore SN 018982 6960000 X As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2024 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,588,600. This amount represents 25% or more of the Foundation's net assets of $2,500,000 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 20239 20239 ADMINISTRATIVE SET-UP FEE 9000 9000 Registered Agent Fee 100 100 MARKETING SERVICES 19689 19689 PHILANTHROPIC CONSULTING SRVCS 4000 4000 INVESTMENT MANAGEMENT SERVICES 819 819 SHEIN Group 12 Marina Blvd 15-01 Marina Bay FC Singapore SN 018982