LAPOINTE FAMILY PRIVATE FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
LAPOINTE FAMILY PRIVATE FOUNDATION (EIN 81-0858082)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-07-02
IRS object ID
201811839349100511
Schema version
2017v2.3
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)
Return2018-07-02T11:17:43-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2017-01-01TaxPeriodBeginDt

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
Signature2018-05-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE L VINSON CPAABVCFFPreparerPersonNm
PTINP00861820PTIN
Phone3077338377PhoneNum
Preparation2018-05-31PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$110,260FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$55,665ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$97DividendsRevAndExpnssAmt
Dividends Net Invst Incm$97DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$178NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$305,936GrossSalesPriceAmt
Total Rev And Expnss$55,584TotalRevAndExpnssAmt
Total Net Invst Incm$97TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,243AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,800AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$892OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$892OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$85InterestRevAndExpnssAmt
Interest Net Invst Incm$85InterestNetInvstIncmAmt
Other Expenses Rev And Expnss$406OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$406OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,626TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,183TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$49,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$49,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$51,826TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,183TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$49,200TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,758ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$63,655CashBOYAmt
Cash EOY$455CashEOYAmt
Cash EOYFMV$455CashEOYFMVAmt
Corporate Stock EOY$98,612CorporateStockEOYAmt
Corporate Stock EOYFMV$109,805CorporateStockEOYFMVAmt
Total Assets BOY$63,655TotalAssetsBOYAmt
Total Assets EOY$99,067TotalAssetsEOYAmt
Total Assets EOYFMV$110,260TotalAssetsEOYFMVAmt
Other Liabilities EOY$31,654OtherLiabilitiesEOYAmt
Total Liabilities EOY$31,654TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$63,655UnrestrictedBOYAmt
Unrestricted EOY$67,413UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$63,655TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$67,413TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$63,655TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$99,067TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$63,655TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,758ExcessRevenueOverExpensesAmt
Subtotal$67,413SubtotalAmt
Tot Net Ast Or Fund Balances EOY$67,413TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$21AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$33,813NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.000621DistributionYr1Rt
Net Vl Noncharitable Assets Yr2$411NetVlNoncharitableAssetsYr2Amt
Total Distribution0.000621TotalDistributionRt
Average Distribution0.000621AverageDistributionRt
Net Vl Noncharitable Assets$85,667NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$53AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$53AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$49,200QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Extsn Request Income Tax Paid$507ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$507TotalPaymentsAndCreditsAmt
Overpayment$507OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$507RefundAmt

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
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
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

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$54,917AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$32,055AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$86,972TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$86,972AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,305CashDeemedCharitableAmt
Net Vl Noncharitable Assets$85,667NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,283MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,283MinimumInvestmentReturnAmt
Distributable Before Adj$4,283DistributableBeforeAdjAmt
Distributable Before Ded$4,283DistributableBeforeDedAmt
Distributable As Adjusted$4,283DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$49,200ExpensesAndContributionsAmt
Qualifying Distributions$49,200QualifyingDistributionsAmt
Adjusted Qualifying Distri$49,200AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,283DistributableAsAdjustedAmt
Undistributed Income PY$1,691UndistributedIncomePYAmt
Qualifying Distributions$49,200QualifyingDistributionsAmt
Applied To Year1$1,691AppliedToYear1Amt
Applied To Current Year$4,283AppliedToCurrentYearAmt
Remaining Distri From Corpus$43,226RemainingDistriFromCorpusAmt
Total Corpus$43,226TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$43,226ExcessDistriCyovToNextYrAmt
Excess From Current Year$43,226ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BIG SKY DISCOVERY ACADEMYBusinessNameLine1Txt
Business Name Line2BIG SKY DISCOVERY ACADEMYBusinessNameLine2Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1175 ASPEN LEAF DRIVEAddressLine1Txt
Address Line2175 ASPEN LEAF DRIVEAddressLine2Txt
CityBIG SKYCityNm
State AbbreviationMTStateAbbreviationCd
ZIP59716ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeOPERATIONSGrantOrContributionPurposeTxt
Amt$49,200Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$49,200TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$97ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$178RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$97ExclusionAmt
Related Or Exempt Function Incm-$178RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$81TotalIncomeProducingActyAmt

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$343$900
TAX PREPARATION FEES$900$900

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetINTERACTIVE BROKERSAssetDesc
Acquired2017-05AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2017-11SoldDt
Gross Sales Price$305,936GrossSalesPriceAmt
Basis$306,114BasisAmt
Total Net-$178TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINTERACTIVE BROKERSStockNm
EOY Book Value$98,612EOYBookValueAmt
EOYFMV$109,805EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK FEES$30$30
INTERACTIVE BROKERS - INV FEE$376$376

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescINTERACTIVE BROKERS - MARGINDesc
EOY Book Value$31,654EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT OTHER PROFESSIONAL FEESCategoryTxt
Amt$892Amt
Net Investment Income$892NetInvestmentIncomeAmt

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