LAPOINTE FAMILY PRIVATE FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LAPOINTE FAMILY PRIVATE FOUNDATION (EIN 81-0858082)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-09-11
IRS object ID
202022559349100607
Schema version
2019v5.0
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)
Return2020-09-11T10:09:02-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461491609PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FIELD VINSON & 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 Begin2019-01-01TaxPeriodBeginDt

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
Signature2020-08-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE L VINSON CPAMACCPreparerPersonNm
PTINP00861820PTIN
Phone3077338377PhoneNum
Preparation2020-08-21PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address52.38.98.93IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-11IPDt
IP Tm10:09:02IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdFB1769D4BC458E7CA34DE8AF68CC6F763AE0A516AtSubmissionCreationDeviceId
At Submission Filing Device IdC2C3861737BAC7EABFA6A3FC92D0D31B52244E01AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$190,594FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$84,298ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$93InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$93InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2,240DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,240DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$780NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$122,984GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$151CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$245OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$86,096TotalRevAndExpnssAmt
Total Net Invst Incm$2,484TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,714AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,714AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$1,204OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$1,204OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$77TaxesRevAndExpnssAmt
Taxes Net Invst Incm$77TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$1,086OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,086OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,081TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,081TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,081TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,081TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$81,015ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$78,550CashBOYAmt
Cash EOY$28,816CashEOYAmt
Cash EOYFMV$28,816CashEOYFMVAmt
Other Nts And Loans Rcvbl$55,665OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY$55,665OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$55,665OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$26,152CorporateStockBOYAmt
Corporate Stock EOY$101,236CorporateStockEOYAmt
Corporate Stock EOYFMV$106,113CorporateStockEOYFMVAmt
Total Assets BOY$104,702TotalAssetsBOYAmt
Total Assets EOY$185,717TotalAssetsEOYAmt
Total Assets EOYFMV$190,594TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$104,702NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$185,717NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$104,702TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$185,717TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$104,702TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$185,717TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$104,702TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$81,015ExcessRevenueOverExpensesAmt
Subtotal$185,717SubtotalAmt
Tot Net Ast Or Fund Balances EOY$185,717TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$151CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$105,658NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.331257DistributionYr1Rt
Adjusted Qlfy Distri Yr2$49,200AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$85,667NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.574317DistributionYr2Rt
Adjusted Qlfy Distri Yr3$21AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$33,813NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.000621DistributionYr3Rt
Net Vl Noncharitable Assets Yr4$411NetVlNoncharitableAssetsYr4Amt
Total Distribution0.906195TotalDistributionRt
Average Distribution0.302065AverageDistributionRt
Net Vl Noncharitable Assets$145,210NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$43,863AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$43,863AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1LAPOINTE FINANCIAL LLCBusinessNameLine1Txt
Business Name Line2LAPOINTE FINANCIAL LLCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Phone3072033007PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4995AddressLine1Txt
Address Line2PO BOX 4995AddressLine2Txt
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$65,905AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$53,683AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$27,833FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$147,421TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$147,421AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,211CashDeemedCharitableAmt
Net Vl Noncharitable Assets$145,210NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,261MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,261MinimumInvestmentReturnAmt
Distributable Before Adj$7,261DistributableBeforeAdjAmt
Distributable Before Ded$7,261DistributableBeforeDedAmt
Distributable As Adjusted$7,261DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

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

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,261DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$43,226ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$29,717ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$72,943TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$7,261ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$7,261ExcessDistributionCyovAppCYAmt
Total Corpus$65,682TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$65,682ExcessDistriCyovToNextYrAmt
Excess From Year2$35,965ExcessFromYear2Amt
Excess From Year1$29,717ExcessFromYear1Amt

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$93ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,240ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$151ExclusionAmt
Related Or Exempt Function Incm-$931RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (12 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
INTERACTIVE BROKERS - NON-D14$87
WESTERN MIDSTREAM PARTNERS,14-$57
WESTERN MIDSTREAM PARTNERS,14$1
PLAINS ALL AMERICAN PIPELIN14-$53
ENERGY TRANSFER LP14-$98
DORCHESTER MINERALS LP14$23
ALLIANCE RESOURCE PARTNERS14-$9
ALLIANCE RESOURCE PARTNERS14$4
DELEK LOGISTICS PARTNERS LP14-$23
DELEK LOGISTICS PARTNERS LP14$1
PARTNERSHIP DISTRIBUTIONS R14$120
MISC INCOME14$249

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,729ExclusionAmt
Related Or Exempt Function Incm-$931RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,798TotalIncomeProducingActyAmt

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 (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
ACCOUNTING FEES$488$488
ACCOUNTING FEES$488$488
TAX PREPARATION FEES$869$869
TAX PREPARATION FEES$869$869

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
417 SH PROSHARES SHORT DOW302019-01PURCHASE2019-04$22,735$25,669-$2,934
373 SH SPDR DJIA TRUST2019-04PURCHASE2019-07$99,503$97,496$2,007
19 SH VIACOM INC-CLASS B2019-07PURCHASE2019-12$582$582
0.3288 SH VIACOM INC-CLASS B2019-07PURCHASE2019-12$13$17-$4

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINTERACTIVE BROKERSStockNm
EOY Book Value$101,236EOYBookValueAmt
EOYFMV$106,113EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INTERACTIVE BROKERS - INV FEE$1,053$1,053
ENERGY TRANSFER LP$1$1
DORCHESTER MINERALS LP - ROYA$4$4
DORCHESTER MINERALS LP - OTHE$26$26
ALLIANCE RESOURCE PARTNERS -$1$1
ALLIANCE RESOURCE PARTNERS -$1$1

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (12 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
INTERACTIVE BROKERS - NON-DIV$87
WESTERN MIDSTREAM PARTNERS, L-$57
WESTERN MIDSTREAM PARTNERS, L$1
PLAINS ALL AMERICAN PIPELINE-$53
ENERGY TRANSFER LP-$98
DORCHESTER MINERALS LP$23
ALLIANCE RESOURCE PARTNERS LP-$9
ALLIANCE RESOURCE PARTNERS LP$4
DELEK LOGISTICS PARTNERS LP-$23
DELEK LOGISTICS PARTNERS LP$1
PARTNERSHIP DISTRIBUTIONS REC$120
MISC INCOME$249

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1DONATION IN TRANSITBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$55,665BalanceDueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
TRUSTEE FEES$602$602
TRUSTEE FEES$602$602

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
INTERACTIVE BROKERS - FOREIGN TA$75$75
PLAINS ALL AMERICAN - FOREIGN TA$2$2

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