GARIPPA FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GARIPPA FOUNDATION INC (EIN 01-0846118)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-03
IRS object ID
202513079349101286
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)
Return2025-11-03T11:47:24-08:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222747750PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Angelo & Pacilli PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1340 North Avenue EastAddressLine1Txt
CityCranfordCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07016ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010846118EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GARIPPA FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGARIBusinessNameControlTxt
Phone2396497710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN GARIPPAPersonNm
Person TitleDirectorPersonTitleTxt
Signature2025-11-03SignatureDt
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 PersonAlfred Angelo CPAPreparerPersonNm
PTINP00788207PTIN
Phone9082768300PhoneNum
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$1,486,546FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$474,043ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$16,819InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$16,819InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,010DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,010DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$14,426NetGainSaleAstRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$14,426CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$424OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$424OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$512,722TotalRevAndExpnssAmt
Total Net Invst Incm$38,679TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$9,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$4,500CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$4,500CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,218AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,218AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,290TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$35,968OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$229OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$35,739OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$49,476TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,947TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$40,239TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$50,476TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,947TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$41,239TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$462,246ExcessRevenueOverExpensesAmt
Net Investment Income$31,732NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$44,834CashBOYAmt
Cash EOY$51,437CashEOYAmt
Cash EOYFMV$51,437CashEOYFMVAmt
Sav And Temp Cash Invst BOY$360,936SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$454,141SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$455,589SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$431,461CorporateStockBOYAmt
Corporate Stock EOY$793,899CorporateStockEOYAmt
Corporate Stock EOYFMV$979,520CorporateStockEOYFMVAmt
Total Assets BOY$837,231TotalAssetsBOYAmt
Total Assets EOY$1,299,477TotalAssetsEOYAmt
Total Assets EOYFMV$1,486,546TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$837,231CapitalStockBOYAmt
Capital Stock EOY$1,299,477CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$837,231TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,299,477TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$837,231TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,299,477TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$837,231TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$462,246ExcessRevenueOverExpensesAmt
Subtotal$1,299,477SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,299,477TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$14,426CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$441InvestmentIncomeExciseTaxAmt
Subtotal$441SubtotalAmt
Tax Based On Investment Income$441TaxBasedOnInvestmentIncomeAmt
Tax Due$441TaxDueAmt
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 StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.GARIPPAFOUNDATION.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JOHN GARIPPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2396497710PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP341027872ZIPCd
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
JOHN GARIPPA
925 ADMIRALTY PARADENAPLESFL341027872Director1.00$0
LINDA GARIPPA
925 ADMIRALTY PARADENAPLESFL341027872Director1.00$0
JOHN S GARIPPA
8157 MADISON LAKE CIRCLE SOUTHDAVIEFL33328Director6.00$9,000
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$727,180AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$466,754AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,193,934TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,193,934AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,909CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,176,025NetVlNoncharitableAssetsAmt
Minimum Investment Return$58,801MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$58,801MinimumInvestmentReturnAmt
Tax Based On Investment Income$441TaxBasedOnInvestmentIncomeAmt
Total Tax$441TotalTaxAmt
Distributable Before Adj$58,360DistributableBeforeAdjAmt
Distributable Before Ded$58,360DistributableBeforeDedAmt
Distributable As Adjusted$58,360DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$41,239ExpensesAndContributionsAmt
Qualifying Distributions$41,239QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$58,360DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$8,497ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$957,717ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$11,301ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$11,802ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$989,317TotalExcessDistributionCyovAmt
Qualifying Distributions$41,239QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$41,239AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$17,121ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$17,121ExcessDistributionCyovAppCYAmt
Total Corpus$972,196TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$972,196ExcessDistriCyovToNextYrAmt
Excess From Year3$949,093ExcessFromYear3Amt
Excess From Year2$11,301ExcessFromYear2Amt
Excess From Year1$11,802ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJOHN GARIPPAContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE GARIPPA FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1925 ADMIRALTY PARADEAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34106ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2396497710RecipientPhoneNum
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission Deadlines12/31SubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonCHRIST CHURCH SCHOOLRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14845 NE 25TH AVENUEAddressLine1Txt
CityFORT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33308ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeCHARITABLE CONTRIBUTIONGrantOrContributionPurposeTxt
Amt$1,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,819RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7,010RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$424RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,426RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$38,679RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$38,679TotalIncomeProducingActyAmt

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 (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtNoncash ContributionNoncashContributionIndPerson ContributionPersonContributionInd
JOHN GARIPPA
1925 ADMIRALTY PARADENAPLESFL34102$34,829Yes (X)
FERRARI FAMILY FOUNDATION
21066 VAUGHN CREST DRIVEFRANKLINTN37069$13,000Yes (X)
LINDA GARIPPA
3925 ADMIRALTY PARADENAPLESFL34102$34,828Yes (X)
ESTATE OF PETER GARIPPA
411 ARGYLE PLACENORTH ARLINGTONNJ07031$362,391Yes (X)Yes (X)
RALPH STAYER
52100 GORDON DRIVENAPLESFL34102$25,000Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1Publically Traded Securities$34,8292024-07-15
3Publically Traded Securities$34,8282024-07-14
4Publically Traded Securities$347,3802025-04-14

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAngelo & Pacilli PACategoryTxt
Amt$2,218Amt
Net Investment Income$2,218NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSchedule Available Upon RequestStockNm
EOY Book Value$793,899EOYBookValueAmt
EOYFMV$979,520EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Advertising$27,615$27,615
Bank Charges$24$24
Computer Expenses - Web Site$1,624$1,624
Editing - Radio$6,500$6,500
Investment Advisory Fees$73$73
Office Expenses$132$132

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$424RevenueAndExpensesPerBooksAmt
Net Investment Income$424NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
JOHN GARIPPA
925 ADMIRALTY PARADENAPLESFL34102
LINDA GARIPPA
925 ADMIRALTY PARADENAPLESFL34102
RALPH STAYER
2100 GORDON DRIVENAPLESFL34102
FERRARI FAMILY FOUNDATION
1066 VAUGHN CREST DRIVEFRANKLINTN37069
ESTATE OF PETER GARIPPA
11 ARGYLE PLACENORTH ARLINGTONNJ07031

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Excise TaxCategoryTxt
Amt$2,290Amt

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