LAPOINTE FAMILY PRIVATE FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LAPOINTE FAMILY PRIVATE FOUNDATION (EIN 81-0858082)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-13
IRS object ID
202321039349100412
Schema version
2022v5.0
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)
Return2023-04-13T11:41:23-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Phone2086654600PhoneNum
Signature2023-04-01SignatureDt
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 CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE L VINSON CPAMACCPreparerPersonNm
PTINP00861820PTIN
Phone3077338377PhoneNum
Preparation2023-04-04PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$527,417FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$99,144ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$70InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$70InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$6,171DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,004DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$68,639NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,362,580GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$209CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$3,527OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$3,527OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$177,551TotalRevAndExpnssAmt
Total Net Invst Incm$9,810TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,188AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,188AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$7,725OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$68TaxesRevAndExpnssAmt
Taxes Net Invst Incm$68TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,048OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,048OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,029TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,304TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,029TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,304TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$165,522ExcessRevenueOverExpensesAmt
Net Investment Income$5,506NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$39,541CashBOYAmt
Cash EOY$52,552CashEOYAmt
Cash EOYFMV$52,552CashEOYFMVAmt
Corporate Stock BOY$333,026CorporateStockBOYAmt
Corporate Stock EOY$485,537CorporateStockEOYAmt
Corporate Stock EOYFMV$474,865CorporateStockEOYFMVAmt
Total Assets BOY$372,567TotalAssetsBOYAmt
Total Assets EOY$538,089TotalAssetsEOYAmt
Total Assets EOYFMV$527,417TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$372,567NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$538,089NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$372,567TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$538,089TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$372,567TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$538,089TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$372,567TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$165,522ExcessRevenueOverExpensesAmt
Subtotal$538,089SubtotalAmt
Tot Net Ast Or Fund Balances EOY$538,089TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$209CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$77InvestmentIncomeExciseTaxAmt
Subtotal$77SubtotalAmt
Tax Based On Investment Income$77TaxBasedOnInvestmentIncomeAmt
Tax Due$77TaxDueAmt

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 4995JACKSONWY83001PRESIDENT000.00$0$0$0
MICHAEL ESTRADA
PO BOX 4995JACKSONWY83001VP LAPOINTE000.00$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$46,046AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$462,080AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$508,126TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$508,126AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,622CashDeemedCharitableAmt
Net Vl Noncharitable Assets$500,504NetVlNoncharitableAssetsAmt
Minimum Investment Return$25,025MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$25,025MinimumInvestmentReturnAmt
Tax Based On Investment Income$77TaxBasedOnInvestmentIncomeAmt
Total Tax$77TotalTaxAmt
Distributable Before Adj$24,948DistributableBeforeAdjAmt
Distributable Before Ded$24,948DistributableBeforeDedAmt
Distributable As Adjusted$24,948DistributableAsAdjustedAmt

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$24,948DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,161ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$29,717ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$31,878TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$24,948ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$24,948ExcessDistributionCyovAppCYAmt
Total Corpus$6,930TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$6,930ExcessDistriCyovToNextYrAmt
Excess From Year4$6,930ExcessFromYear4Amt

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$70ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,171ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,527ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$209ExclusionAmt
Related Or Exempt Function Incm$68,430RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$9,977ExclusionAmt
Related Or Exempt Function Incm$68,430RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$78,407TotalIncomeProducingActyAmt

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$1,184$1,184
TAX PREPARATION FEES$2,004$2,004

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CHARLES SCHWAB2022-01PURCHASE2022-12$1,071,677$1,103,627-$31,950
CHARLES SCHWAB2022-01PURCHASE2022-12$16,915$16,915
CHARLES SCHWAB2021-01PURCHASE2022-12$272,377$181,150$91,227
CHARLES SCHWAB2021-01PURCHASE2022-12$1,402$1,194$208
PARTNERSHIP GAIN ADJUSTMENT2022-01PURCHASE2022-12$6,739-$6,739
PARTNERSHIP GAIN ADJUSTMENT2021-01PURCHASE2022-12$1,231-$1,231

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINTERACTIVE BROKERSStockNm
EOY Book Value$485,537EOYBookValueAmt
EOYFMV$474,865EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
CHARLES SCHWAB - ADVISORY FEE$1,048$1,048

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
INVESCO DB US DOLLAR INDEX BU$4,143$4,143
ENTERPRISE PRODUCTS PARTNERS-$1-$1
PROSHARES ULTRASHORT EURO-$586-$586
TEUCRIUM WHEAT FUND-$29-$29

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryTRUSTEE FEESCategoryTxt
Amt$7,725Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$68Amt
Net Investment Income$68NetInvestmentIncomeAmt

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