SAM M SCITURRO FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SAM M SCITURRO FAMILY FOUNDATION INC (EIN 46-1154485)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-19
- IRS object ID
- 202402939349100400
- Schema version
- 2023v5.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-19T08:49:32-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 832542444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Young Hanks & Hanks CPAs PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 229 Nokomis Ave S | AddressLine1Txt |
| City | Venice | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34285 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461154485 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAM M SCITURRO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAMM | BusinessNameControlTxt |
| Phone | 9413505715 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16011 BAYCROSS DR | AddressLine1Txt |
| City | LAKEWOOD RANCH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAM M SCITURRO | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-10-19 | 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 | SUSAN C HANKS | PreparerPersonNm |
| PTIN | P00963938 | PTIN |
| Phone | 9418002424 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $770,240 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $24,288 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $24,288 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $24,288 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $24,288 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $24,288 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $24,288 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $1,100 | AccountingFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $3,061 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $4,161 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $143,990 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $143,990 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $148,151 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $143,990 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$123,863 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $24,288 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $24,288 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $240,134 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $115,808 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $115,808 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $418,523 | CorporateStockBOYAmt |
| Corporate Stock EOY | $335,985 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $654,432 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $658,657 | TotalAssetsBOYAmt |
| Total Assets EOY | $451,793 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $770,240 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $658,657 | RetainedEarningBOYAmt |
| Retained Earning EOY | $451,793 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $658,657 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $451,793 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $658,657 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $451,793 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $658,657 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$123,863 | ExcessRevenueOverExpensesAmt |
| Subtotal | $534,794 | SubtotalAmt |
| Other Decreases | $83,001 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $451,793 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $338 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $338 | SubtotalAmt |
| Tax Based On Investment Income | $338 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $338 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAM SCITURRO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9413505715 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16011 BAYCROSS DR | AddressLine1Txt |
| City | LAKEWOOD RANCH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34202 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| SAM M SCITURRO | ||||||
| 16011 BAYCROSS DR | LAKEWOOD RANCH | FL | 34202 | President | 5.00 | $0 |
| LITA SCITURRO-SMITH | ||||||
| 5657 CREEKWOOD CIR | SARASOTA | FL | 34233 | Vice President | 5.00 | $0 |
| DAVID LEONARD SCITURRO | ||||||
| 12276 LANDERS COURT | PLYMOUTH | MI | 48170 | Vice President | 5.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $309,504 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $177,971 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $487,475 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $487,475 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,312 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $480,163 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,008 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,008 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $338 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $338 | TotalTaxAmt |
| Distributable Before Adj | $23,670 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $23,670 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $23,670 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $143,990 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $143,990 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $23,670 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $45,723 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $30,382 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $34,517 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $21,738 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $12,556 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $144,916 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $143,990 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $23,670 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $120,320 | RemainingDistriFromCorpusAmt |
| Total Corpus | $265,236 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $45,723 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $219,513 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $30,382 | ExcessFromYear4Amt |
| Excess From Year3 | $34,517 | ExcessFromYear3Amt |
| Excess From Year2 | $21,738 | ExcessFromYear2Amt |
| Excess From Year1 | $12,556 | ExcessFromYear1Amt |
| Excess From Current Year | $120,320 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SAM M SCITURRO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| MAKE A WISH | ||||||
| 3550 N CENTRAL AVE | PHOENIX | AZ | 85012 | ACTIVE | CHARITY FOR GENERAL USE | $24,400 |
| SPARCC | ||||||
| 2139 MAIN ST | SARASOTA | FL | 34236 | ACTIVE | CHARITY FOR GENERAL USE | $2,250 |
| V FOUNDATION | ||||||
| 14600 WESTON PARKWAY | CARY | NC | 27513 | ACTIVE | CHARITY FOR GENERAL USE | $8,000 |
| STILLPOINT MISSION | ||||||
| 1608 14TH ST WEST | BRADENTON | FL | 34206 | ACTIVE | CHARITY FOR GENERAL USE | $500 |
| BIBLE BAPTIST YOUTH | ||||||
| 2113 MORGAN JOHNSON RD | BRADENTON | FL | 34208 | ACTIVE | CHARITY FOR GENERAL USE | $200 |
| OUR LADY OF THE ANGELS | ||||||
| 12905 SR 70E | LAKEWOOD RANCH | FL | 34202 | ACTIVE | GENERAL USE | $100,000 |
| HEART OF THE NATION | ||||||
| 1205 S 70TH ST 701 | MILWAUKEE | WI | 53214 | ACTIVE | GENERAL USE | $1,000 |
| K OF C | ||||||
| 1 COLUMBUS PLAZA | NEW HAVEN | CT | 06510 | ACTIVE | GENERAL USE | $40 |
| TAYLOR RANCH ELEMENTARY | ||||||
| 2500 TAYLOR RANCH TERR | VENICE | FL | 34293 | ACTIVE | GENERAL USE | $4,500 |
| ANIMAL RESCUE COALITION | ||||||
| 6320 TOWER LANE | SARASOTA | FL | 34240 | ACTIVE | GENERAL USE | $500 |
| FLORIDA CENTER FOR EARLY CHILDHOOD | ||||||
| 4620 17TH STREET | SARASOTA | FL | 34235 | ACTIVE | GENERAL USE | $2,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $143,990 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24,288 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $24,288 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $24,288 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $1,100 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2022 TAXES PAID | $203 |
| UNREALIZED LOSSES | $82,798 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| administration expenses | $3,000 |
| corporation renewal | $61 |