GIGGLE FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
GIGGLE FOUNDATION (EIN 46-1156385)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-02
IRS object ID
201713199349101711
Schema version
2016v3.0
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)
Return2017-11-02T16:22:10-04:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-10-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIra PutraPreparerPersonNm
PTINP01391844PTIN
Phone9096203900PhoneNum
Preparation2017-11-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.180.73.70IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-15IPDt
IP Tm12:30:29IPTm
Federal Original Submission Id9558592017319n51c4ivFederalOriginalSubmissionId
Federal Original Submission Id2017-11-15FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB395428916BEEEDB89B2A24C7444F4F0EAD7B2CFAtSubmissionCreationDeviceId
At Submission Filing Device IdB395428916BEEEDB89B2A24C7444F4F0EAD7B2CFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$390,840FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$349DividendsRevAndExpnssAmt
Dividends Net Invst Incm$349DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$269NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$269GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$269CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$30,618TotalRevAndExpnssAmt
Total Net Invst Incm$618TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,170AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$64TaxesRevAndExpnssAmt
Taxes Net Invst Incm$64TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$106OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$95OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,340TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$159TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$28,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$28,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$30,340TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$159TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$28,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$278ExcessRevenueOverExpensesAmt
Net Investment Income$459NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,783CashBOYAmt
Cash EOY$2,538CashEOYAmt
Cash EOYFMV$2,538CashEOYFMVAmt
Other Investments BOY$372,281OtherInvestmentsBOYAmt
Other Investments EOY$388,302OtherInvestmentsEOYAmt
Other Investments EOYFMV$388,302OtherInvestmentsEOYFMVAmt
Total Assets BOY$375,064TotalAssetsBOYAmt
Total Assets EOY$390,840TotalAssetsEOYAmt
Total Assets EOYFMV$390,840TotalAssetsEOYFMVAmt
Other Liabilities BOY$20,000OtherLiabilitiesBOYAmt
Total Liabilities BOY$20,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$355,064UnrestrictedBOYAmt
Unrestricted EOY$390,840UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$355,064TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$390,840TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$375,064TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$390,840TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$355,064TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$278ExcessRevenueOverExpensesAmt
Other Increases$35,498OtherIncreasesAmt
Subtotal$390,840SubtotalAmt
Tot Net Ast Or Fund Balances EOY$390,840TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCAPITAL GAIN DISTRIBUTIONSPropertyDesc
Gross Sales Price$269GrossSalesPriceAmt
Gain Or Loss$269GainOrLossAmt
Gains Minus Excess Or Losses$269GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$269CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$20,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$343,769NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.058179DistributionYr1Rt
Adjusted Qlfy Distri Yr2$20,042AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$338,593NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.059192DistributionYr2Rt
Adjusted Qlfy Distri Yr3$42,053AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$221,938NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.189481DistributionYr3Rt
Total Distribution0.306851TotalDistributionRt
Average Distribution0.06137AverageDistributionRt
Net Vl Noncharitable Assets$360,884NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$22,147AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$5NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$22,152AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$28,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$5InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$5SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Tax Due$5TaxDueAmt

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

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$362,186AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,194AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$366,380TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$366,380AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,496CashDeemedCharitableAmt
Net Vl Noncharitable Assets$360,884NetVlNoncharitableAssetsAmt
Minimum Investment Return$18,044MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$18,044MinimumInvestmentReturnAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Total Tax$5TotalTaxAmt
Distributable Before Adj$18,039DistributableBeforeAdjAmt
Distributable Before Ded$18,039DistributableBeforeDedAmt
Distributable As Adjusted$18,039DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$28,000ExpensesAndContributionsAmt
Qualifying Distributions$28,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$5PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$27,995AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$18,039DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$31,032ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,168ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,829ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$37,029TotalExcessDistributionCyovAmt
Qualifying Distributions$28,000QualifyingDistributionsAmt
Applied To Current Year$18,039AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,961RemainingDistriFromCorpusAmt
Total Corpus$46,990TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$46,990ExcessDistriCyovToNextYrAmt
Excess From Year3$31,032ExcessFromYear3Amt
Excess From Year2$3,168ExcessFromYear2Amt
Excess From Year1$2,829ExcessFromYear1Amt
Excess From Current Year$9,961ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PHOENIX CHILDRENS HOSPITAL
1919 E THOMAS RDPhoenixAZ85006PCGENERAL OPERATIONS$11,500
STJUDE CHILDRENS RESEARCH HOSPITA
262 DANNY THOMAS PLACEMemphisTN38105PCGENERAL OPERATIONS$14,000
MAKE A WISH FOUNDATION
2901 N 78TH STREETScottsdaleAZ85251PCGENERAL OPERATIONS$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$28,000TotalGrantOrContriPdDurYrAmt
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$349ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$269ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$618ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$618TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonTHE AVANA GROUP INCContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line18194 W DEER VALLEY RD SUITE 106-33AddressLine1Txt
CityPeoriaCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85382ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,170Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemMUTUAL FUNDCategoryOrItemTxt
Book Value$388,302BookValueAmt
EOYFMV$388,302EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SUPPLIES$11$0$0$0
Bank Fees$95$95$0$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNET UNREALIZED GAINSLOSSES ON INVDesc
Amt$35,498Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescEDWARD JONES PENDING STOCK SALEDesc
BOY Book Value$20,000BOYBookValueAmt
EOY Book Value$0EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$64Amt
Net Investment Income$64NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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