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JAMES AND GINA GIORDANO FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
JAMES AND GINA GIORDANO FOUNDATION INC (EIN 92-1384552)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202533189349103893
Schema version
2024v5.2
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)
Return2025-11-14T12:30:13-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133985822PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GIANFRANCO RICCIARDELLA CPAPCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 BRIDGE ST STE P1BAddressLine1Txt
CityIRVINGTONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10533ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN921384552EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES AND GINA GIORDANO FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJAMEBusinessNameControlTxt
Phone5165512452PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BMW OF BROOKL 9326 FOURTH AVEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARMINE ABRUZZOPersonNm
Person TitleDirectorPersonTitleTxt
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGIANFRANCO RICCIARDELLA CPAPreparerPersonNm
PTINP00612068PTIN
Phone9145913295PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$925,596FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$403,050ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$23,482InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$23,482InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$23,482InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$456DividendsRevAndExpnssAmt
Dividends Net Invst Incm$456DividendsNetInvstIncmAmt
Dividends Adj Net Incm$456DividendsAdjNetIncmAmt
Other Income Rev And Expnss$3,716OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$3,716OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$430,704TotalRevAndExpnssAmt
Total Net Invst Incm$27,654TotalNetInvstIncmAmt
Total Adj Net Incm$23,938TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$8,929LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$10,500AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,461OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,461OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$21,890TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,461TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$158,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$158,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$179,890TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,461TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$158,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$250,814ExcessRevenueOverExpensesAmt
Net Investment Income$25,193NetInvestmentIncomeAmt
Adjusted Net Income$23,938AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$46,494CashBOYAmt
Cash EOY$22,144CashEOYAmt
Cash EOYFMV$22,144CashEOYFMVAmt
Sav And Temp Cash Invst BOY$100,022SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,928SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,928SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$517,583USGovernmentObligationsBOYAmt
US Government Obligations EOY$898,524USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$898,524USGovtObligationsEOYFMVAmt
Other Assets BOY$5,381OtherAssetsBOYAmt
Total Assets BOY$669,480TotalAssetsBOYAmt
Total Assets EOY$925,596TotalAssetsEOYAmt
Total Assets EOYFMV$925,596TotalAssetsEOYFMVAmt
Deferred Revenue BOY$10,072DeferredRevenueBOYAmt
Deferred Revenue EOY$15,375DeferredRevenueEOYAmt
Other Liabilities BOY$1OtherLiabilitiesBOYAmt
Total Liabilities BOY$10,073TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,375TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$659,407NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$910,221NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$659,407TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$910,221TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$669,480TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$925,596TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$659,407TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$250,814ExcessRevenueOverExpensesAmt
Subtotal$910,221SubtotalAmt
Tot Net Ast Or Fund Balances EOY$910,221TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$350InvestmentIncomeExciseTaxAmt
Subtotal$350SubtotalAmt
Tax Based On Investment Income$350TaxBasedOnInvestmentIncomeAmt
Tax Due$350TaxDueAmt
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 StateNYOrgReportOrRegisterStateCd
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 Addresswww.jamesandginagiordanofoundation.comWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CARMINE ABRUZZOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5165512452PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1C/O BMW OF BRKLY 9326 FOURTH AVEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd
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
COLLETTE ABRUZZO
C/O BMW 9326 FOURTH AVEC/O BMBROOKLYNNY11209Director0.00$0
CARMINE ABRUZZO
C/O BMW 9326 FOURTH AVEBROOKLYNNY11209Director0.00$0
ISABELLA ABRUZZO
C/O BMW 9326 FOURTH AVEC/O BMBROOKLYNNY11209Director0.00$0
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$834,571AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$171,570AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,006,141TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,006,141AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,092CashDeemedCharitableAmt
Net Vl Noncharitable Assets$991,049NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,552MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,552MinimumInvestmentReturnAmt
Tax Based On Investment Income$350TaxBasedOnInvestmentIncomeAmt
Total Tax$350TotalTaxAmt
Distributable Before Adj$49,202DistributableBeforeAdjAmt
Distributable Before Ded$49,202DistributableBeforeDedAmt
Distributable As Adjusted$49,202DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$158,000ExpensesAndContributionsAmt
Qualifying Distributions$158,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,202DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$161,334ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$161,334TotalExcessDistributionCyovAmt
Qualifying Distributions$158,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,202AppliedToCurrentYearAmt
Remaining Distri From Corpus$108,798RemainingDistriFromCorpusAmt
Total Corpus$270,132TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$270,132ExcessDistriCyovToNextYrAmt
Excess From Year1$161,334ExcessFromYear1Amt
Excess From Current Year$108,798ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCARMINE ABRUZZORecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line19326 FOURTH AVEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5165512452RecipientPhoneNum
Form And Info And MaterialsRECOMMENDATION FROM CLERGY AND OTHER REFERENCES, PLUS OTHER FINANCIAL INFORMATION AS DEEMED NECESSARYFormAndInfoAndMaterialsTxt
Submission Deadlines12/31SubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
COOLEYS ANEMIA FOUNDATION
330 7TH AVENUE STE 200NEW YORKNY10001NONEPCDISEASE RESEARCH AND PATIENT SERVICES$100,000
ROBERT DOUD FOUNDATION
BLUFTONBLUFTONSC29909NONEPCDISEASE RESEARCH AND PATIENT SERVICES AND OTHER CHARITABLE PURPOSES$13,000
CARMELLE CONTENT
43 LAWRENCE AVELAWRENCENY11096NONEHARD TIMES FAMILY NECESITY$25,000
CHARLES SCHEMBRI
330 7TH AVE 200NEW YORKNY10001NONEMEDICAL NECESSITY$5,000
DR SANTO BARBARINO SCHOLARSHIP FUND
47 1ST STLYNBROOKNY11563NONESCHOLARSHIP DONATION$5,000
PAUL RAPHAEL
1412 NOEL AVENUEHEWLETTNY11557NONEMEDICAL NECESSITY$5,000
SUSAN WINNER
6763 MARTEL PLACENEWARKCA94560NONEMEDICAL NECESSITY$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$158,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$23,482ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$456ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,716ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,654ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$27,654TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
CategoryACCOUNTING AND TAXESCategoryTxt
Amt$10,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$8,929LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$2,461RevenueAndExpensesPerBooksAmt
Net Investment Income$2,461NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$3,716RevenueAndExpensesPerBooksAmt
Net Investment Income$3,716NetInvestmentIncomeAmt

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