GARIPPA FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GARIPPA FOUNDATION INC (EIN 01-0846118)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-09-22
IRS object ID
202312659349100106
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)
Return2023-09-22T08:47:57-07:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222747750PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Angelo & Pacilli PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1340 North Avenue EastAddressLine1Txt
CityCranfordCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07016ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010846118EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GARIPPA FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGARIBusinessNameControlTxt
Phone2396497710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN GARIPPAPersonNm
Person TitleDirectorPersonTitleTxt
Signature2023-09-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastGARIPPAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAlfred Angelo CPAPreparerPersonNm
PTINP00788207PTIN
Phone9082768300PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$869,866FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,941ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$224InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$224InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$9,556DividendsRevAndExpnssAmt
Dividends Net Invst Incm$9,556DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$21,762NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$30,857GrossSalesPriceAmt
Total Rev And Expnss$38,959TotalRevAndExpnssAmt
Total Net Invst Incm$9,780TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$9,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$4,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$4,500CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,146AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,146AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$49,462OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,404OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$46,058OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$60,608TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,050TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$50,558TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$60,608TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,050TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$50,558TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$21,649ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$30,080CashBOYAmt
Cash EOY$41,020CashEOYAmt
Cash EOYFMV$41,020CashEOYFMVAmt
Sav And Temp Cash Invst BOY$42,870SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$62,900SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$62,900SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$707,730CorporateStockBOYAmt
Corporate Stock EOY$655,111CorporateStockEOYAmt
Corporate Stock EOYFMV$765,946CorporateStockEOYFMVAmt
Total Assets BOY$780,680TotalAssetsBOYAmt
Total Assets EOY$759,031TotalAssetsEOYAmt
Total Assets EOYFMV$869,866TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$780,680CapitalStockBOYAmt
Capital Stock EOY$759,031CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$780,680TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$759,031TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$780,680TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$759,031TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$780,680TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$21,649ExcessRevenueOverExpensesAmt
Subtotal$759,031SubtotalAmt
Tot Net Ast Or Fund Balances EOY$759,031TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income-$21,762CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$21,650NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.GARIPPAFOUNDATION.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JOHN GARIPPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2396497710PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP341027872ZIPCd
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
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JOHN GARIPPA
925 ADMIRALTY PARADENAPLESFL341027872Director1.00$0
LINDA GARIPPA
925 ADMIRALTY PARADENAPLESFL341027872Director1.00$0
JOHN S GARIPPA
8157 MADISON LAKE CIRCLE SOUTHDAVIEFL33328Director6.00$9,000
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$716,237AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$80,859AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$797,096TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$797,096AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,956CashDeemedCharitableAmt
Net Vl Noncharitable Assets$785,140NetVlNoncharitableAssetsAmt
Minimum Investment Return$39,257MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$39,257MinimumInvestmentReturnAmt
Distributable Before Adj$39,257DistributableBeforeAdjAmt
Distributable Before Ded$39,257DistributableBeforeDedAmt
Distributable As Adjusted$39,257DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$50,558ExpensesAndContributionsAmt
Qualifying Distributions$50,558QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$39,257DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$33,407ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$8,497ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$957,717ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$999,621TotalExcessDistributionCyovAmt
Qualifying Distributions$50,558QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$39,257AppliedToCurrentYearAmt
Remaining Distri From Corpus$11,301RemainingDistriFromCorpusAmt
Total Corpus$1,010,922TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$33,407ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$977,515ExcessDistriCyovToNextYrAmt
Excess From Year3$8,497ExcessFromYear3Amt
Excess From Year1$957,717ExcessFromYear1Amt
Excess From Current Year$11,301ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOHN GARIPPAContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE GARIPPA FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34106ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2396497710RecipientPhoneNum
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission Deadlines12/31SubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$224RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,556RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$21,762RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$11,982RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$11,982TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
FERRARI FAMILY FOUNDATION
11066 VAUGHN CREST DRIVEFRANKLINTN37069$13,000Yes (X)
RALPH STAYER
22100 GORDON DRIVENAPLESFL34102$20,000Yes (X)
VICTOR LOMBARDO
320933 CORKSCREW SHORES BLVDESTEROFL33928$6,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAngelo & Pacilli PACategoryTxt
Amt$2,146Amt
Net Investment Income$2,146NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Advertising$29,742$29,742
Bank Charges$24$24
Computer Expenses - Web Site$2,246$2,246
Editing - Radio$11,299$11,299
Investment Advisory Fees$608$608
Office Expenses$347$173$174
Rental Expenses$5,196$2,598$2,598

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
RALPH STAYER
2100 GORDON DRIVENAPLESFL34102
VICTOR LOMBARDO
20933 CORKSCREW SHORES BLVDESTEROFL33928
FERRARI FAMILY FOUNDATION
1066 VAUGHN CREST DRIVEFRANKLINTN37069

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