BETA

GIGGLE FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GIGGLE FOUNDATION (EIN 46-1156385)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-09-16
IRS object ID
201932599349100438
Schema version
2018v3.1
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)
Return2019-09-16T15:38:54-04:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450505886PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1IP Consulting Accountancy CorpBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1981 Corporate Center Dr Ste 168AddressLine1Txt
CityPomonaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91768ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461156385EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GIGGLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGIGLBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line18194 W DEER VALLEY RD 106-333AddressLine1Txt
CityPeoriaCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85382ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSANAT PATELPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone6238780258PhoneNum
Signature2019-04-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIra PutraPreparerPersonNm
PTINP01391844PTIN
Phone9096203900PhoneNum
Preparation2019-09-16PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.180.73.70IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-16IPDt
IP Tm15:40:46IPTm
Federal Original Submission Id95585920192594u0tiunFederalOriginalSubmissionId
Federal Original Submission Id2019-09-16FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB395428916BEEEDB89B2A24C7444F4F0EAD7B2CFAtSubmissionCreationDeviceId
At Submission Filing Device IdB395428916BEEEDB89B2A24C7444F4F0EAD7B2CFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$497,522FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$580DividendsRevAndExpnssAmt
Dividends Net Invst Incm$580DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$907NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$907GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$907CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,487TotalRevAndExpnssAmt
Total Net Invst Incm$1,487TotalNetInvstIncmAmt
Taxes Rev And Expnss$27TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$27TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$527TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$960ExcessRevenueOverExpensesAmt
Net Investment Income$1,487NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,994CashBOYAmt
Cash EOY$5,467CashEOYAmt
Cash EOYFMV$5,467CashEOYFMVAmt
Other Investments BOY$489,547OtherInvestmentsBOYAmt
Other Investments EOY$492,055OtherInvestmentsEOYAmt
Other Investments EOYFMV$492,055OtherInvestmentsEOYFMVAmt
Total Assets BOY$495,541TotalAssetsBOYAmt
Total Assets EOY$497,522TotalAssetsEOYAmt
Total Assets EOYFMV$497,522TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$495,541UnrestrictedBOYAmt
Unrestricted EOY$497,522UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$495,541TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$497,522TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$495,541TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$497,522TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$495,541TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$960ExcessRevenueOverExpensesAmt
Other Increases$1,021OtherIncreasesAmt
Subtotal$497,522SubtotalAmt
Tot Net Ast Or Fund Balances EOY$497,522TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCAPITAL GAIN DISTRIBUTIONPropertyDesc
Gross Sales Price$907GrossSalesPriceAmt
Gain Or Loss$907GainOrLossAmt
Gains Minus Excess Or Losses$907GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$907CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$25,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$437,550NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.058279DistributionYr1Rt
Adjusted Qlfy Distri Yr2$28,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$360,884NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.077587DistributionYr2Rt
Adjusted Qlfy Distri Yr3$20,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$343,769NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.058179DistributionYr3Rt
Adjusted Qlfy Distri Yr4$20,042AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$338,593NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.059192DistributionYr4Rt
Adjusted Qlfy Distri Yr5$42,053AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$221,938NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.189481DistributionYr5Rt
Total Distribution0.442718TotalDistributionRt
Average Distribution0.088544AverageDistributionRt
Net Vl Noncharitable Assets$509,330NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$45,098AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$15NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$45,113AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$30InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$30SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Tax Due$30TaxDueAmt

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 StateAZOrgReportOrRegisterStateCd
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
Individual With BooksSANAT PATELIndividualWithBooksNm
Phone6238780258PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line18194 W DEER VALLEY RD 106-333AddressLine1Txt
CityPeoriaCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85382ZIPCd
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
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
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SUNDIP PATEL
8194 W DEER VALLEY RD 106-333PeoriaAZ85382PRESIDENT2.00$0$0$0
SANAT PATEL
8194 W DEER VALLEY RD 106-333PeoriaAZ85382DIRECTOR2.00$0$0$0
TANYA MANSOUR
8194 W DEER VALLEY RD 106-333PeoriaAZ85382DIRECTOR2.00$0$0$0
JAGRUTI PATEL
8194 W DEER VALLEY RD 106-333PeoriaAZ85382DIRECTOR2.00$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

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$511,488AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,598AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$517,086TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$517,086AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,756CashDeemedCharitableAmt
Net Vl Noncharitable Assets$509,330NetVlNoncharitableAssetsAmt
Minimum Investment Return$25,467MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$25,467MinimumInvestmentReturnAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Total Tax$30TotalTaxAmt
Distributable Before Adj$25,437DistributableBeforeAdjAmt
Distributable Before Ded$25,437DistributableBeforeDedAmt
Distributable As Adjusted$25,437DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$500ExpensesAndContributionsAmt
Qualifying Distributions$500QualifyingDistributionsAmt
Adjusted Qualifying Distri$500AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$25,437DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$31,032ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,168ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,829ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$9,961ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,649ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$50,639TotalExcessDistributionCyovAmt
Qualifying Distributions$500QualifyingDistributionsAmt
Applied To Current Year$500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$24,937ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$24,937ExcessDistributionCyovAppCYAmt
Total Corpus$25,702TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$6,095ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$19,607ExcessDistriCyovToNextYrAmt
Excess From Year4$3,168ExcessFromYear4Amt
Excess From Year3$2,829ExcessFromYear3Amt
Excess From Year2$9,961ExcessFromYear2Amt
Excess From Year1$3,649ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonLIONS FOUNDATION OF AZRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13124 E ROOSEVELT ST SUITE 3AddressLine1Txt
CityPhoenixCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85008ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGENERAL OPERATIONSGrantOrContributionPurposeTxt
Amt$500Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$580ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$907ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,487ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,487TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDCategoryOrItemTxt
Book Value$492,055BookValueAmt
EOYFMV$492,055EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNET UNREALIZED GAINSLOSSES ON INVDesc
Amt$1,021Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$27Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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