DRS KIRAN & PALLAVI PATEL FAMILYFOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: DRS KIRAN & PALLAVI PATEL FAMILYFOUNDATION INC (EIN 20-3916634)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2025-03-13
IRS object ID: 202530729349100813
Schema version: 2022v5.0
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
Form 990-PF
Schedule B
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-03-13T13:17:58-04:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	593592794	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GERALD L BIRCH CPA PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	12901 SAULSTON PL	AddressLine1Txt
City	HUDSON	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34669	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203916634	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DRS KIRAN & PALLAVI PATEL	BusinessNameLine1Txt
Business Name Line2	FAMILY FOUNDATION INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	DRSK	BusinessNameControlTxt
Phone	8135066083	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5600 MARINER STREET STE 200	AddressLine1Txt
City	TAMPA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33609	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PALLAVI C PATEL MD	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	8135066083	PhoneNum
Signature	2025-03-13	SignatureDt

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	GERALD L BIRCH CPA	PreparerPersonNm
PTIN	P00290598	PTIN
Phone	8138308868	PhoneNum
Preparation	2025-03-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Amended Return	Yes (X)	AmendedReturnInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$55,527,629	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$7,300	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$376,111	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$376,111	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$376,111	InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$148,289	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$148,289	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$148,289	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$437,220	OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm	-$437,220	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$94,480	TotalRevAndExpnssAmt
Total Net Invst Incm	$524,400	TotalNetInvstIncmAmt
Total Adj Net Incm	-$61,109	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$900	LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl	$900	LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$840	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl	$840	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$274,667	InterestRevAndExpnssAmt
Interest Net Invst Incm	$274,667	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$425	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$425	TaxesDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$476	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$476	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$6,962,617	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$6,961,564	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$1,053	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$7,239,925	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$7,236,231	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,694	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$872,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$872,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$8,112,425	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$7,236,231	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$876,194	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$8,017,945	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,540,170	CashBOYAmt
Cash EOY	$341,146	CashEOYAmt
Cash EOYFMV	$314,146	CashEOYFMVAmt
Other Investments BOY	$12,940,539	OtherInvestmentsBOYAmt
Other Investments EOY	$12,175,513	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$12,175,513	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$38,049,674	OtherAssetsBOYAmt
Other Assets EOY	$31,673,970	OtherAssetsEOYAmt
Other Assets EOYFMV	$43,037,970	OtherAssetsEOYFMVAmt
Total Assets BOY	$52,530,383	TotalAssetsBOYAmt
Total Assets EOY	$44,190,629	TotalAssetsEOYAmt
Total Assets EOYFMV	$55,527,629	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$516	AccountsPayableEOYAmt
Other Liabilities BOY	$1,400,000	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$1,400,000	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,400,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,400,516	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$51,130,383	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$42,790,113	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$51,130,383	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$42,790,113	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$52,530,383	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$44,190,629	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$51,130,383	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$8,017,945	ExcessRevenueOverExpensesAmt
Subtotal	$43,112,438	SubtotalAmt
Other Decreases	$322,325	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$42,790,113	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$148,289	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

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	Yes (true)	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
Website Address	KANDPHOLDINGS.COM	WebsiteAddressTxt
Individual With Books	BHARATI SHAH	IndividualWithBooksNm
Phone	8135941026	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5600 MARINER STREET	AddressLine1Txt
Address Line2	SUITE 227	AddressLine2Txt
City	TAMPA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33609	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 (5 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
PALLAVI C PATEL MD
5600 MARINER ST	SUITE 200	TAMPA	FL	33609	PRESIDENT	000.00	$0	$0	$0
SHILEN PATEL
5600 MARINER ST	SUITE 200	TAMPA	FL	33609	V PRESIDENT	000.00	$0	$0	$0
KIRAN C PATEL MD
5600 MARINER ST	SUITE 200	TAMPA	FL	33609	SEC/TREAS	000.00	$0	$0	$0
SONALI JUDD
5600 MARINER ST	SUITE 200	TAMPA	FL	33609	TRUSTEE	000.00	$0	$0	$0
SHEETAL PATEL
5600 MARINER ST	SUITE 200	TAMPA	FL	33609	TRUSTEE	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	SHAW ELEMENTARY LEARNING CENTERS SEE WEBSITE FOR PROGRAM DETAILS	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$876,194	ExpensesAndContributionsAmt
Qualifying Distributions	$876,194	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$6,696,120	ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov	$6,696,120	TotalExcessDistributionCyovAmt
Qualifying Distributions	$876,194	QualifyingDistributionsAmt
Remaining Distri From Corpus	$876,194	RemainingDistriFromCorpusAmt
Total Corpus	$7,572,314	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$7,572,314	ExcessDistriCyovToNextYrAmt
Excess From Year4	$6,696,120	ExcessFromYear4Amt
Excess From Current Year	$876,194	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	KIRAN C PATEL MD	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	5600 MARINER STREET	AddressLine1Txt
Address Line2	SUITE 227	AddressLine2Txt
City	TAMPA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33609	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8138068500	RecipientPhoneNum
Recipient Email Address	BHARATI@KANDPHOLDINGS.COM	RecipientEmailAddressTxt
Form And Info And Materials	NONE	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
USF FOUNDATION
4202 EAST FOWLER AVE	TAMPA	FL	33620	501 (C) (3)	PROGRAMS	$505,000
JAIN SOCIETY
5511 LYNN RD	TAMPA	FL	33624	501 (C) (3)	PROGRAMS	$75,000
AFRICAN COLLEGE FUND
204 RADIACE CIRCLE	FAIRFIELD	IA	52556	501 (C) (3)	PROGRAMS	$40,000
SHERIFF'S INDIAN ADVISORY COUNCIL
2008 E 8TH AVE	TAMPA	FL	33605	501 (C) (3)	PROGRAMS	$2,500
HUAN SERVICE TRUST ZAMBIA
PO BOX 50431LUSAKA	MAKENI	FL	33609	501 (C) (3)	PROGRAMS	$20,000
TIE TAMPA BAY ANGLE FUND LP
13234 TELECOM DR	TAMPA	FL	33637	501 (C) (3)	PROGRAMS	$15,000
MIND BODY & SOUL
907 N PARSON AVE	BRANDON	FL	33510	501(C) (3)	PROGRAMS	$25,000
PATEL INSTITUTE FOR INNOVATION
6279 DUPONT STATION COURT	JACKSONVILLE	FL	32217	501 (C) (3)	PROGRAMS	$190,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$872,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$376,111	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$148,289	RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
OTHER NONOPERATING REVENUE	$17
TIE TAMPA BAY ANGEL FUND	-$43,659
DFN ALPHA 90-10 FUND	-$393,578

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$87,180	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$87,180	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	CONRIBUTIONS UNDER 5000	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	5600 MARINER ST	AddressLine1Txt
Address Line2	STE 200	AddressLine2Txt
City	TAMPA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33609	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$7,300	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
DFN ALPHA 90-10 FUND LLC	AT COST	$11,327,493	$11,327,493
TIE TAMPA ANGEL FUND	AT COST	$848,020	$848,020
ACE INVESTMENTS	AT COST

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	INDIRECT LEGAL FEES	CategoryTxt
Legal Fees	$900	LegalFeesAmt
Disbursements Charitable Prps	$900	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ACCRUED INTEREST RECEIVABLE	$1,262,496	$1,262,496	$12,626,496
OTHER LONG TERM ASSETS	$36,787,178	$30,411,474	$30,411,474

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

DescDesc	AmtAmt
ACE ENDOWMENT	$259,219
PY ACE ENDOWMENT UNREALIZED GAIN	$27,458
NON-DEDUCTIBLE FEDERAL TAX	$35,648

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK CHARGES	$1,137	$1,137
POSTAGE	$678		$678
OFFICE EXPENSE	$375		$375
PASS-THORUGH EXPENSE	$143,345	$143,345
OTHER ADMINISTRATIVE EXPENSE	$2,005	$2,005
LOSS ON SALE OF SUBSIDIARY	$6,815,077	$6,815,077

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OTHER NONOPERATING REVENUE	$17	$17
TIE TAMPA BAY ANGEL FUND	-$43,659	-$43,659
DFN ALPHA 90-10 FUND	-$393,578	-$393,578

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	LINE OF CREDIT DFN ALPHA 90-10 LOAN	Desc
BOY Book Value	$1,400,000	BOYBookValueAmt
EOY Book Value	$1,400,000	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT OTHER PROFESSIONAL FEES	CategoryTxt
Amt	$840	Amt
Disbursements Charitable Prps	$840	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT TAXES/LICENSES	CategoryTxt
Amt	$425	Amt
Disbursements Charitable Prps	$425	DisbursementsCharitablePrpsAmt

DRS KIRAN & PALLAVI PATEL FAMILYFOUNDATION INC: Form 990PF, tax year 2022

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

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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