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JEFF & LINDA BASISTA FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
JEFF & LINDA BASISTA FOUNDATION (EIN 87-3989035)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-22
IRS object ID
202621429349100402
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-22T08:44:26-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN873989035EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Jeff & Linda Basista FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Linda BasistaInCareOfNm
Business Name ControlJEFFBusinessNameControlTxt
Phone9066305040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 153AddressLine1Txt
CitySpringportCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49284ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDA BASISTAPersonNm
Person TitlePresidentPersonTitleTxt
Phone9066305040PhoneNum
Signature2026-05-22SignatureDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$52,441FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$2,121DividendsRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$2,072CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$2,072NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$2,121TotalRevAndExpnssAmt
Total Net Invst Incm$2,072TotalNetInvstIncmAmt
Total Adj Net Incm$2,072TotalAdjNetIncmAmt
Occupancy Rev And Expnss$955OccupancyRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$955TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,455TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$334ExcessRevenueOverExpensesAmt
Net Investment Income$2,072NetInvestmentIncomeAmt
Adjusted Net Income$2,072AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,848SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$380SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$380SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$14,260USGovernmentObligationsBOYAmt
US Government Obligations EOY$14,862USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$14,862USGovtObligationsEOYFMVAmt
Corporate Stock BOY$27,963CorporateStockBOYAmt
Corporate Stock EOY$37,199CorporateStockEOYAmt
Corporate Stock EOYFMV$37,199CorporateStockEOYFMVAmt
Total Assets BOY$45,071TotalAssetsBOYAmt
Total Assets EOY$52,441TotalAssetsEOYAmt
Total Assets EOYFMV$52,441TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$45,071NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$52,441NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$45,071TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$52,441TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$45,071TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$52,441TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$45,071TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$334ExcessRevenueOverExpensesAmt
Subtotal$44,737SubtotalAmt
Tot Net Ast Or Fund Balances EOY$44,737TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyFirst Eagle Global CPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$2,072GrossSalesPriceAmt
Gain Or Loss$2,072GainOrLossAmt
Gains Minus Excess Or Losses$2,072GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,072CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$2,072NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$29InvestmentIncomeExciseTaxAmt
Subtotal$29SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$29TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Tax Due$29TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Linda K BasistaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9066305040PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 153AddressLine1Txt
CitySPRINGPORTCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49284ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JEFFREY S BASISTA
PO BOX 153SPRINGPORTMI49284DIRECTOR0.00$0$0$0
BEVERLY A BRESSETTE
PO BOX 153SPRINGPORTMI49284DIRECTOR0.00$0$0$0
LINDA K BASISTA
PO Box 153SpringportMI49284President0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$47,141AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,604AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$48,745TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$48,745AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,000CashDeemedCharitableAmt
Net Vl Noncharitable Assets$45,745NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,287MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,287MinimumInvestmentReturnAmt
Tax Based On Investment Income$29TaxBasedOnInvestmentIncomeAmt
Total Tax$29TotalTaxAmt
Distributable Before Adj$2,258DistributableBeforeAdjAmt
Distributable Before Ded$2,258DistributableBeforeDedAmt
Distributable As Adjusted$2,258DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,500ExpensesAndContributionsAmt
Qualifying Distributions$1,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,258DistributableAsAdjustedAmt
Qualifying Distributions$1,500QualifyingDistributionsAmt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$1,500RemainingDistriFromCorpusAmt
Total Corpus$1,500TotalCorpusAmt
Undistributed Income CY$2,258UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,500ExcessDistriCyovToNextYrAmt
Excess From Current Year$1,500ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJEFFREY BASISTAContributingManagerNm
Contributing ManagerLINDA BASISTAContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Best of Friends Humane SocietyBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1149 E 7 Mile RdAddressLine1Txt
CitySault Sainte MarieCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49783ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipnaRecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeAnimal welfareGrantOrContributionPurposeTxt
Amt$1,500Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

FieldValueIRS element (for citing)
Short ExplanationAmount to be transferred to cash for charitable giving activities in 2026ShortExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFirst Eagle Global CStockNm
EOY Book Value$37,199EOYBookValueAmt
EOYFMV$37,199EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$14,862USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$14,862USGovtObligationsEOYFMVAmt

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