STRATEGY STUDIO / PUBLIC DATA EXPLORER

DI MASSA FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
DI MASSA FAMILY FOUNDATION (EIN 46-5757643)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-01
IRS object ID
202431539349100403
Schema version
2023v5.0
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)
Return2024-06-01T12:05:40-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954829307PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILIP ROSS CPA AN ACCTNY CORPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line124730 AVENUE TIBBITTS UNIT 100AddressLine1Txt
CityVALENCIACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91355ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465757643EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE DIMASSA FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDIMABusinessNameControlTxt
Phone6265779973PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12212 NO EL MOLINO AVE UNIT M 219AddressLine1Txt
CityALTADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH DIMASSAPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-06-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastDIMASSAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPhilip RossPreparerPersonNm
PTINP00155289PTIN
Phone6617750640PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,095DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,095DividendsNetInvstIncmAmt
Dividends Adj Net Incm$5,095DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$460NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$317GrossSalesPriceAmt
Total Rev And Expnss$4,635TotalRevAndExpnssAmt
Total Net Invst Incm$5,095TotalNetInvstIncmAmt
Total Adj Net Incm$5,095TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,000AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,000AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$319OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$319OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$319OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$362OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,319TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,319TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,319TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,362TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,250ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,250ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,569TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,319TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,319TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$14,612TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,934ExcessRevenueOverExpensesAmt
Net Investment Income$3,776NetInvestmentIncomeAmt
Adjusted Net Income$3,776AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$24,746SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$9,775SavAndTempCashInvstEOYAmt
Corporate Stock BOY$189,475CorporateStockBOYAmt
Corporate Stock EOY$194,469CorporateStockEOYAmt
Total Assets BOY$214,221TotalAssetsBOYAmt
Total Assets EOY$204,244TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$214,221CapitalStockBOYAmt
Capital Stock EOY$204,244CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$214,221TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$204,244TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$214,221TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$204,244TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$214,221TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,934ExcessRevenueOverExpensesAmt
Subtotal$204,287SubtotalAmt
Other Decreases$43OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$204,244TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property30 WARNER BROS DISCOVERYPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2010-01-15AcquiredDt
Sold2023-09-07SoldDt
Gross Sales Price$317GrossSalesPriceAmt
Cost Or Other Basis$777CostOrOtherBasisAmt
Gain Or Loss-$460GainOrLossAmt
Gains Minus Excess Or Losses-$460GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$460CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$52InvestmentIncomeExciseTaxAmt
Subtotal$52SubtotalAmt
Tax Based On Investment Income$52TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$52TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JOSEPH DIMASSABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6265779979PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12212 NO EL MOLINO AVE UNIT M 219AddressLine1Txt
CityALTADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP910013074ZIPCd
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

FieldValueIRS element (for citing)
PersonJOSEPH DI MASSAPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12212 NO EL MOLINO AVE M 219AddressLine1Txt
CityALTADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP910013074ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
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$276,918AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$25,587AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$302,505TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$302,505AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,538CashDeemedCharitableAmt
Net Vl Noncharitable Assets$297,967NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,898MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,898MinimumInvestmentReturnAmt
Tax Based On Investment Income$52TaxBasedOnInvestmentIncomeAmt
Total Tax$52TotalTaxAmt
Distributable Before Adj$14,846DistributableBeforeAdjAmt
Distributable Before Ded$14,846DistributableBeforeDedAmt
Distributable As Adjusted$14,846DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$14,612ExpensesAndContributionsAmt
Qualifying Distributions$14,612QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,846DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$799ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,562ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$5,361TotalExcessDistributionCyovAmt
Qualifying Distributions$14,612QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$14,612AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$234ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$234ExcessDistributionCyovAppCYAmt
Total Corpus$5,127TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$5,127ExcessDistriCyovToNextYrAmt
Excess From Year4$565ExcessFromYear4Amt
Excess From Year3$4,562ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MISSISSIPPI TODAY
750 WOODLANDS PKWY 100RIDGELANDMS39157PCDONATION - GEN'L$2,000
NATIONAL TRUST FOR LOCAL NEWS
405 WALTHAM ST 319LEXINGTONMA02421PCDONATION - GEN'L$2,000
DOWNTOWN LA SOCCER CLUB
917 S GENESEE AVELOS ANGELESCA90036PCDONATION - GEN'L$250
IAMLA
125 PASEO DE LA PLAZALOS ANGELESCA90012PCDONATION - GEN'L$2,500
SEQUOYAH SCHOOL
535 SO PASADENA AVEPASADENACA91105PCDONATION - GEN'L$4,000
YOUNG HEALTHY
136 W PEORIA STPASADENACA91103PCDONATION - GEN'L$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,250TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5,095RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$460RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,635RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,635TotalIncomeProducingActyAmt

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)
CategoryTAX PREPCategoryTxt
Amt$1,000Amt
Net Investment Income$1,000NetInvestmentIncomeAmt
Adjusted Net Income$1,000AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFED INCOME TAXDesc
Amt$43Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTO MILEAGE$11$11$11$11
BOOKS/MEETINGS$164$164$164$164
FED INCOME TAX$43
LICENSES$60$60$60$60
OFFICE EXP$59$59$59$59
POSTAGE$25$25$25$25