LAPOINTE FAMILY PRIVATE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LAPOINTE FAMILY PRIVATE FOUNDATION (EIN 81-0858082)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-10
IRS object ID
202411019349100016
Schema version
2023v5.0
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)
Return2024-04-10T14:58:29-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461491609PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VINSON SCOTT & ASSOCIATES CPAS RLLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1767AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP830011767ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810858082EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAPOINTE FAMILY PRIVATE FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O LAPOINTE FINANCIAL LLCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAPOBusinessNameControlTxt
Phone3072033007PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4995AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW GRUPPPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2024-04-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMATTHEWPersonFirstNm
Person LastGRUPPPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE L VINSON CPAMACCPreparerPersonNm
PTINP00861820PTIN
Phone3077338377PhoneNum
Preparation2024-04-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$665,803FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$109,039ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4,661InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4,661InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$10,887DividendsRevAndExpnssAmt
Dividends Net Invst Incm$10,870DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$23,940NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$496,166GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$252CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$303OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$303OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$100,950TotalRevAndExpnssAmt
Total Net Invst Incm$16,086TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,353AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,353AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$9,852OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$178TaxesRevAndExpnssAmt
Taxes Net Invst Incm$178TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,244OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,244OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$14,627TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,775TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,627TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,775TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$86,323ExcessRevenueOverExpensesAmt
Net Investment Income$11,311NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$52,552CashBOYAmt
Cash EOY$198,692CashEOYAmt
Cash EOYFMV$198,692CashEOYFMVAmt
Corporate Stock BOY$485,537CorporateStockBOYAmt
Corporate Stock EOY$425,720CorporateStockEOYAmt
Corporate Stock EOYFMV$467,111CorporateStockEOYFMVAmt
Total Assets BOY$538,089TotalAssetsBOYAmt
Total Assets EOY$624,412TotalAssetsEOYAmt
Total Assets EOYFMV$665,803TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$538,089NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$624,412NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$538,089TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$624,412TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$538,089TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$624,412TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$538,089TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$86,323ExcessRevenueOverExpensesAmt
Subtotal$624,412SubtotalAmt
Tot Net Ast Or Fund Balances EOY$624,412TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$252CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$157InvestmentIncomeExciseTaxAmt
Subtotal$157SubtotalAmt
Tax Based On Investment Income$157TaxBasedOnInvestmentIncomeAmt
Tax Due$157TaxDueAmt

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
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMATTHEW GRUPPIndividualWithBooksNm
Phone3072033007PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4995AddressLine1Txt
CityJACKSONCityNm
State AbbreviationWYStateAbbreviationCd
ZIP83001ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MATTHEW GRUPP
PO BOX 4995JACKSONWY83001PRESIDENT2.00$0$0$0
MICHAEL ESTRADA
PO BOX 4995JACKSONWY83001VP LAPOINTE2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$470,988AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$125,622AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$596,610TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$596,610AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,949CashDeemedCharitableAmt
Net Vl Noncharitable Assets$587,661NetVlNoncharitableAssetsAmt
Minimum Investment Return$29,383MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$29,383MinimumInvestmentReturnAmt
Tax Based On Investment Income$157TaxBasedOnInvestmentIncomeAmt
Total Tax$157TotalTaxAmt
Distributable Before Adj$29,226DistributableBeforeAdjAmt
Distributable Before Ded$29,226DistributableBeforeDedAmt
Distributable As Adjusted$29,226DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$29,226DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$6,930ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov$6,930TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$6,930ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$6,930ExcessDistributionCyovAppCYAmt
Undistributed Income CY$22,296UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,661ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,887ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$303ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$252ExclusionAmt
Related Or Exempt Function Incm-$24,192RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,103ExclusionAmt
Related Or Exempt Function Incm-$24,192RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$8,089TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
ACCOUNTING FEES$1,465$1,465
TAX PREPARATION FEES$1,888$1,888

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (9 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CHARLES SCHWAB2023-01PURCHASE2023-12$373,331$409,831-$36,500
CHARLES SCHWAB2023-01PURCHASE2023-12$8,419$8,419
CHARLES SCHWAB2023-01PURCHASE2023-12$52,334$51,757$577
CHARLES SCHWAB2023-01PURCHASE2023-12$410$410
CHARLES SCHWAB2023-01PURCHASE2023-12$41,467$40,911$556
CHARLES SCHWAB2022-01PURCHASE2023-12$14,879$15,814-$935
CHARLES SCHWAB2022-01PURCHASE2023-12$1,723$1,793-$70
PROSHARES ULTRASHORT EURO2023-01PURCHASE2023-12$537$537
INVESCO DB US DOLLAR INDEX2023-01PURCHASE2023-12$2,814$2,814

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINTERACTIVE BROKERSStockNm
EOY Book Value$425,720EOYBookValueAmt
EOYFMV$467,111EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
CHARLES SCHWAB - ADVISORY FEE$1,244$1,244

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
INVESCO DB US DOLLAR INDEX BU$362$362
PROSHARES ULTRASHORT EURO-$59-$59

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryTRUSTEE FEESCategoryTxt
Amt$9,852Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX$77$77
FOREIGN TAXES$101$101

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