GIGGLE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: GIGGLE FOUNDATION (EIN 46-1156385)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-14
IRS object ID: 202543189349102904
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
Form 990-PF
Schedule B
Depreciation Schedule
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-14T11:07:49-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SMITH & HOWARD ADVISORY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	271 17TH STREET NW SUITE 2100	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30363	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	461156385	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE GIGGLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% SANAT PATEL	InCareOfNm
Business Name Control	GIGG	BusinessNameControlTxt
Phone	6238780258	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8194 W DEER VALLEY RD 106333	AddressLine1Txt
City	PEORIA	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85382	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SANAT PATEL	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6238780258	PhoneNum
Signature	2025-11-17	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MELISSA L HORNE	PreparerPersonNm
PTIN	P00788553	PTIN
Phone	4048746244	PhoneNum
Preparation	2025-11-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,138,562	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$70,000	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$6,710	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$6,710	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,761	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,761	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,761	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$78,471	TotalRevAndExpnssAmt
Total Net Invst Incm	$8,471	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$70,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$70,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$70,000	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$70,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$8,471	ExcessRevenueOverExpensesAmt
Net Investment Income	$8,471	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,765	CashBOYAmt
Cash EOY	$1,765	CashEOYAmt
Cash EOYFMV	$1,765	CashEOYFMVAmt
Other Investments BOY	$313,475	OtherInvestmentsBOYAmt
Other Investments EOY	$651,947	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,136,797	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$315,240	TotalAssetsBOYAmt
Total Assets EOY	$653,712	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,138,562	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Additional Paid In Capital BOY	$320,240	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$320,240	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	-$5,000	RetainedEarningBOYAmt
Retained Earning EOY	$333,472	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$315,240	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$653,712	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$315,240	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$653,712	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$315,240	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$8,471	ExcessRevenueOverExpensesAmt
Other Increases	$330,001	OtherIncreasesAmt
Subtotal	$653,712	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$653,712	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	CAPITAL GAIN DIVIDENDS	PropertyDesc
How Acquired	P	HowAcquiredCd
Gain Or Loss	$1,761	GainOrLossAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,761	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$118	InvestmentIncomeExciseTaxAmt
Subtotal	$118	SubtotalAmt
Tax Based On Investment Income	$118	TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Tax Due	$118	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SANAT PATEL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6238780258	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	8194 W DEER VALLEY RD 106333	AddressLine1Txt
City	PEORIA	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85382	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
SANAT PATEL
8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	PRESIDENT	1.0	$0	$0	$0
SUNDIP PATEL
8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	DIRECTOR	1.0	$0	$0	$0
JAGRUTI PATEL
8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	DIRECTOR	1.0	$0	$0	$0
TANYA MANSOUR
8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	DIRECTOR	1.0	$0	$0	$0

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,004,696	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,765	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,006,461	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,006,461	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$15,097	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$991,364	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$49,568	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$49,568	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$118	TaxBasedOnInvestmentIncomeAmt
Total Tax	$118	TotalTaxAmt
Distributable Before Adj	$49,450	DistributableBeforeAdjAmt
Distributable Before Ded	$49,450	DistributableBeforeDedAmt
Distributable As Adjusted	$49,450	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$70,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$70,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$49,450	DistributableAsAdjustedAmt
Prior Year1	2022	PriorYear1Yr
Prior Year2	2021	PriorYear2Yr
Prior Year3	2020	PriorYear3Yr
Excess Distribution Cyov Yr2	$50,000	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$70,000	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$120,000	TotalExcessDistributionCyovAmt
Qualifying Distributions	$70,000	QualifyingDistributionsAmt
Applied To Current Year	$49,450	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$20,550	RemainingDistriFromCorpusAmt
Total Corpus	$140,550	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$140,550	ExcessDistriCyovToNextYrAmt
Excess From Year2	$50,000	ExcessFromYear2Amt
Excess From Year1	$70,000	ExcessFromYear1Amt
Excess From Current Year	$20,550	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	SANAT PATEL SUNDIP PATEL JAGRUTI	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION INC
641 Lexington Avenue 15th floor	NEW YORK	NY	10022	NONE	PHILANTHROPIC	$10,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 Danny Thomas Place	MEMPHIS	TN	38105	NONE	PHILANTHROPIC	$25,000
PRATHAM USA
9703 Richmond Ave Suite 102	HOUSTON	TX	77042	NONE	PHILANTHROPIC	$25,000
PHOENIX CHILDREN'S HOSPITAL
1919 E Thomas Rd	PHOENIX	AZ	85016	NONE	PHILANTHROPIC	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$70,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$8,471	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Income		OtherInvestmentIncomeGrp
Gain Sales Ast Oth Than Invntry		GainSalesAstOthThanInvntryGrp
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$8,471	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$8,471	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
SANAT PATEL
1	8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	$17,500	Yes (X)
SUNDIP PATEL
2	8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	$17,500	Yes (X)
JAGRUTI PATEL
3	8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	$17,500	Yes (X)
TANYA MANSOUR
4	8194 W DEER VALLEY RD 106333	PEORIA	AZ	85382	$17,500	Yes (X)

Depreciation Schedule DepreciationSchedule

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN ON INVESTMENT	Desc
Amt	$330,001	Amt

GIGGLE FOUNDATION: Form 990PF, tax year 2024

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (4 entries)

Depreciation Schedule DepreciationSchedule

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Comments