Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Chong-Moon Lee Foundation Co Silicon Valley Community Foundation
EIN 77-0414442 • 501(c)3 • Mountain View, CA
Profile
The organization is organized exclusively to benefit activities of the silicon valley community foundation and the asian art museum foundation. It is operated in connection with the silicon valley community foundation.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Down$3,193,404
Down $505,121 (-14%) from 2023
Liabilities
Down$0
Down $2,572 (-100%) from 2023
Net Assets
Down$3,193,404
Down $502,549 (-14%) from 2023
Revenue
Flat$0
Flat from 2023
Expenses
Down$502,549
Down $75,595 (-13%) from 2023
Net Income
Up-$502,549
Up $75,595 (+13%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $3,193,404
- Liabilities
- $0
- Net assets
- $3,193,404
- Revenue
- $0
- Expenses
- $502,549
- Net income
- -$502,549
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $0
Mission and Program Overview
Mission
Supports causes that promote cross-cultural understanding between asia and the u.s. With specific emphasis on art, education, social and youth programs, and activities.
Support causes that promote cross-cultural understanding between asia and the u.s. With specific emphasis on art, education, social and youth programs, and activities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $3,698,525 | $3,193,404 | ▼ $505,121 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $3,698,525 | $3,193,404 | ▼ $505,121 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,572 | $0 | ▼ $2,572 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $2,572 | $0 | ▼ $2,572 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,695,953 | $3,193,404 | ▼ $502,549 |
| Total Net Assets Fund Balance | $3,695,953 | $3,193,404 | ▼ $502,549 |
| Total Liabilities and Net Assets / Fund Balance | $3,698,525 | $3,193,404 | ▼ $505,121 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Chong-Moon Lee | President |
| Jorge Del calvo | Director |
| Pat Bresee | Director |
| Bong Joon Jung | Secretary |
| Reiko Takahashi Lee | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $-502,549
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $0
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Other Revenue Adjustments
- $0
- Total Revenue per Form 990
- $0
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $470,000 |
| Other Expenses | $32,549 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $470,000 | - | - | $470,000 |
| Fees for Services Management | $12,500 | $12,500 | - | $25,000 |
| Fees for Services Accounting | - | $5,408 | - | $5,408 |
| Insurance | - | $2,116 | - | $2,116 |
| Other Expenses | - | $25 | - | $25 |
| Total Functional Expenses | $482,500 | $20,049 | $0 | $502,549 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Expenses per Audited Statements | $0 |
| Other Expense Adjustments | $0 |
| Total Expenses per Form 990 | $0 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Asian Art Museum Foundation of San Francisco | San Francisco, CA | 501(c)(3) | Arts & Culture | $150,000 |
| Asia Society | New York, NY | 501(c)(3) | Arts & Culture | $100,000 |
| Consulate General of Japan | San Francisco, CA | Gov | Community Support | $100,000 |
| Asia Society Northern California | San Francisco, CA | 501(c)(3) | Arts & Culture | $50,000 |
| Stanford Health Care | Stanford, CA | 501(c)(3) | Community Support | $30,000 |
| Korean American Music Supporters Association USA Inc | Cupertino, CA | 501(c)(3) | Arts & Culture | $20,000 |
| San Francisco Korean Master Chorale | San Leandro, CA | 501(c)(3) | Arts & Culture | $20,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons
“BONG JOON JUNG AND CHONG-MOON LEE - Business relationship, CHONG-MOON LEE AND REIKO TAKAHASHI LEE - Family relationship”
Form 990, Part VI, Line 3 Delegation of management duties
“The employees of silicon valley community foundation, the supported exempt organization, performed the day to day operations of the chong-moon lee foundation. The community foundation was reimbursed for these services.”
Form 990, Part VI, Line 7A Members or stockholders electing members of governing body
“SVCF Class Directors shall be appointed by Silicon Valley Community Foundation ("SVCF"), so long as SVCF is (a) exempt from taxation under Section 501(c)(3) of the Internal Revenue Code, as amended (the "IRC"); (b) classified as a public charity under IRC Section 509(a)(1); and (c) named as one of this corporation's supported organizations in Article II.B of this corporation's Articles of Incorporation. The Donor Class Directors shall be designated by Chong-Moon Lee, who shall be referred to in these Bylaws as the Designator(s). Upon completion of the term of office or upon the death, resignation, or removal of a Donor Class Director, the Designator(s) shall designate a successor Donor Class Director by notifying the Secretary of this corporation in writing.”
Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body
“There are no other committees than the governing board.”
Form 990, Part VI, Line 11B Review of form 990 by governing body
“The form 990 is placed on a secured website or sent by email for the governing body to review and comment prior to 990 filing. Review is verified by email.”
Form 990, Part VI, Line 12C Conflict of interest policy
“In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the General Counsel, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement.”
Form 990, Part VI, Line 19 Required documents available to the public
“The audited financial statements and governing/organizing documents can be reviewed in the office or provided electronically via an emailed link to the document in box, a secure online content management system, upon request. The conflict of interest policy is not made available to the public.”
Form 990, Part VI, Line 15 Process to Establish Compensation
“The chong-moon lee foundation has no employees.”
Filing and Contact Details
Filer
- Filer Name
- The Chong-Moon Lee Foundation CO Silicon Valley Community Foundation
- EIN
- 77-0414442
- Phone
- 6504505400
- Address
- 444 Castro Street 140, Mountain View, CA 94041
Signing Officer
- Name
- Chong-Moon Lee
- Title
- President
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 1995
- Legal Domicile
- CA
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 0
- Volunteers
- 5
Preparer
- Firm
- Crowe LLP
- Address
- 5810 Tennyson Parkway Suite 450, Plano, TX 75024-4112
- Preparer
- Amy Bellanca
- Phone
- 2147775200
Supplemental Narrative
Financial Statement Notes
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
“Svcf and its supporting organizations and affiliate are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the internal revenue code. In addition, svcf and its supporting organizations and affiliate qualified for the charitable contribution deduction under section 170(b)(1)(a) of the internal revenue code and have been classified as organizations that are not private foundations. Unrelated business income tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. Svcf and its supporting organizations and affiliate do not have any material uncertain tax positions. Svcf and its supporting organizations and affiliate file informational tax returns in the u.s. Federal, california and other states jurisdictions.”
Raw XML AppendixShowing 400 of 748 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Bong Joon Jung |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -578144 |
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| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 205205488 |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | Silicon Valley Community Foundation |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATE ARE TAX-EXEMPT ORGANIZATIONS AND ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME, IN ACCORDANCE WITH SECTION 501(A) OF THE INTERNAL REVENUE CODE. IN ADDITION, SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATE QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) OF THE INTERNAL REVENUE CODE AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. UNRELATED BUSINESS INCOME TAX, IF ANY, IS IMMATERIAL AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATE DO NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. SVCF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATE FILE INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL, CALIFORNIA AND OTHER STATES JURISDICTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
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| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 100000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 50000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 150000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 100000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 5 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 6 | 30000 |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | GOV |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 4 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 5 | 501(c)(3) |
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| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
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| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 3 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 4 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 5 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 6 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 0 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 1 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 2 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 3 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 4 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 5 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 6 | N/A |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Arts & Culture |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | Arts & Culture |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | Arts & Culture |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | Community Support |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 4 | Arts & Culture |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 5 | Arts & Culture |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 6 | Community Support |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Asia Society |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | Asia Society Northern California |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | Asian Art Museum Foundation of San Francisco |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | Consulate General of Japan |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 4 | Korean American Music Supporters Association USA Inc |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 5 | San Francisco Korean Master Chorale |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 6 | Stanford Health Care |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 133234632 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 873562503 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 941704765 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 942883834 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 4 | 562302955 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 5 | 943408116 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 6 | 946174066 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 725 Park Ave |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 155 Sansome St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 200 Larkin St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 3 | 275 Battery St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 4 | PO Box 2063 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 5 | 13766 Aurora Dr |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 6 | PO Box 2046 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt | 0 | Ste 580 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt | 1 | Ste 2100 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | New York |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | San Francisco |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | San Francisco |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 3 | San Francisco |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 4 | Cupertino |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 5 | San Leandro |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 6 | Stanford |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 3 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 4 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 5 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 6 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 10021 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 94104 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 94102 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 3 | 94111 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 4 | 95015 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 5 | 94577 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 6 | 94309 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 1 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 2 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 3 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 4 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 5 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 6 | N/A |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | BY ACCEPTING THE GRANT, GRANTEES MUST AGREE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS, AND INCOME EARNED ON THOSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION - THE GRANT WILL BE USED SOLELY FOR THE PURPOSES SPECIFIED IN THE GRANT AWARD LETTER AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE AWARD LETTER WILL BE RETURNED TO THE ORGANIZATION - SOME GRANTEES MAY RECEIVE A FORMAL GRANT AGREEMENT, DEPENDING ON THE SIZE AND COMPLEXITY OF THE GRANT AND MUST SIGN A GRANT AGREEMENT THAT STIPULATES THAT THE GRANTEE WILL SEND TO THE COMMUNITY FOUNDATION A REPORT ON THE USE OF THE GRANTED FUNDS ONE YEAR FOLLOWING THE RECEIPT OF THE GRANT. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 7 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BONG JOON JUNG AND CHONG-MOON LEE - Business relationship, CHONG-MOON LEE AND REIKO TAKAHASHI LEE - Family relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, PERFORMED THE DAY TO DAY OPERATIONS OF THE CHONG-MOON LEE FOUNDATION. THE COMMUNITY FOUNDATION WAS REIMBURSED FOR THESE SERVICES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SVCF Class Directors shall be appointed by Silicon Valley Community Foundation ("SVCF"), so long as SVCF is (a) exempt from taxation under Section 501(c)(3) of the Internal Revenue Code, as amended (the "IRC"); (b) classified as a public charity under IRC Section 509(a)(1); and (c) named as one of this corporation's supported organizations in Article II.B of this corporation's Articles of Incorporation. The Donor Class Directors shall be designated by Chong-Moon Lee, who shall be referred to in these Bylaws as the Designator(s). Upon completion of the term of office or upon the death, resignation, or removal of a Donor Class Director, the Designator(s) shall designate a successor Donor Class Director by notifying the Secretary of this corporation in writing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | There are no other committees than the governing board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FORM 990 IS PLACED ON A SECURED WEBSITE OR SENT BY EMAIL FOR THE GOVERNING BODY TO REVIEW AND COMMENT PRIOR TO 990 FILING. REVIEW IS VERIFIED BY EMAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | In connection with any actual or possible conflict of interest, an interested person must disclose to the governing board on an annual basis through the "990 and Conflict of Interest" questionnaire and upon discovery of a potential conflict within 30 days. Via the questionnaires, provided by the General Counsel, the interested person must disclose a list of offices and directorships he or she holds in charitable and business organizations and to identify his or her place of employment or principal business activity as well as the organizations, corporations and other businesses with which each person and his or her spouse or other relative may be affiliated. After disclosure by the interested person of all related financial interests and all related material facts, the board will discuss and make a determination if a conflict of interest exists. In the event the organization is considering a procurement of services from an organization in which an interested person is an officer, director, or is employed, the interested person shall so inform the governing board of the conflict. The interested person may be present during the deliberation to answer questions, but must recuse himself/herself from voting on the procurement. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS CAN BE REVIEWED IN THE OFFICE OR PROVIDED ELECTRONICALLY VIA AN EMAILED LINK TO THE DOCUMENT IN BOX, A SECURE ONLINE CONTENT MANAGEMENT SYSTEM, UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE CHONG-MOON LEE FOUNDATION HAS NO EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 2 Family/business relationships amongst interested persons |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 3 Delegation of management duties |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 7a Members or stockholders electing members of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 11b Review of form 990 by governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 12c Conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 19 Required documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, LINE 15 PROCESS TO ESTABLISH COMPENSATION |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 1 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | NA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 352533262 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 1 | 981661128 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C Corporation |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 1 | C Corporation |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | Investment |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 1 | Investment |
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