STRATEGY STUDIO / PUBLIC DATA EXPLORER

SCOTTSDALE FARMS AND GIANTURCO FAMILY INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SCOTTSDALE FARMS AND GIANTURCO FAMILY INC (EIN 46-0547742)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-02
IRS object ID
202531839349101008
Schema version
2024v5.1
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

FieldValueIRS element (for citing)
Return2025-07-02T07:37:51-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460547742EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Scottsdale Farms and Gianturco Family IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlSCOTBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLUCA GIANTURCOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-06-10SignatureDt
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 PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
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$1,012,757FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$967InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$967InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$15,203DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,203DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$32,438NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$56,140GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$32,438CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$48,608TotalRevAndExpnssAmt
Total Net Invst Incm$48,608TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$9,271OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,271OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,705TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$11,163OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$11,163OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$22,139TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,271TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,163TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$47,350ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$47,350ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$69,489TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,271TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$58,513TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$20,881ExcessRevenueOverExpensesAmt
Net Investment Income$39,337NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$33,294SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$36,516SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$36,516SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$719,920CorporateStockBOYAmt
Corporate Stock EOY$696,217CorporateStockEOYAmt
Corporate Stock EOYFMV$976,241CorporateStockEOYFMVAmt
Total Assets BOY$753,214TotalAssetsBOYAmt
Total Assets EOY$732,733TotalAssetsEOYAmt
Total Assets EOYFMV$1,012,757TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$753,214RetainedEarningBOYAmt
Retained Earning EOY$732,733RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$753,214TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$732,733TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$753,214TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$732,733TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$753,214TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$20,881ExcessRevenueOverExpensesAmt
Other Increases$400OtherIncreasesAmt
Subtotal$732,733SubtotalAmt
Tot Net Ast Or Fund Balances EOY$732,733TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$56,140GrossSalesPriceAmt
Cost Or Other Basis$23,702CostOrOtherBasisAmt
Gain Or Loss$32,438GainOrLossAmt
Gains Minus Excess Or Losses$32,438GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$32,438CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$547InvestmentIncomeExciseTaxAmt
Subtotal$547SubtotalAmt
Tax Based On Investment Income$547TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$381EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$581TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$34OverpaymentAmt
Applied To ES Tax$34AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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
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)
PersonLuca F GianturcoPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitlePres, Dir, SecTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$979,950AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$28,800AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,008,750TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,008,750AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,131CashDeemedCharitableAmt
Net Vl Noncharitable Assets$993,619NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,681MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,681MinimumInvestmentReturnAmt
Tax Based On Investment Income$547TaxBasedOnInvestmentIncomeAmt
Total Tax$547TotalTaxAmt
Distributable Before Adj$49,134DistributableBeforeAdjAmt
Recoveries Qualfied Distri$400RecoveriesQualfiedDistriAmt
Distributable Before Ded$49,534DistributableBeforeDedAmt
Distributable As Adjusted$49,534DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$58,513ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$58,513QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,534DistributableAsAdjustedAmt
Undistributed Income PY$44,071UndistributedIncomePYAmt
Qualifying Distributions$58,513QualifyingDistributionsAmt
Applied To Year1$44,071AppliedToYear1Amt
Applied To Current Year$14,442AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$35,092UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI
225 N MICHIGAN AVE 17TH FLCHICAGOIL60601N/APCGeneral & Unrestricted$100
BEARFOOT RANCH INC
12976 CUMMING HWYCANTONGA30115N/APCGeneral & Unrestricted$1,500
BIRMINGHAM UNITED METHODIST CHURCH INC
15770 BIRMINGHAM HWYMILTONGA30004N/APCGeneral & Unrestricted$2,000
FELLOWSHIP OF CHRISTIAN ATHLETES
8701 LEEDS RDKANSAS CITYMO64129N/APCGeneral & Unrestricted$1,000
ROSWELL LACROSSE CLUB
11595 KING RDROSWELLGA30075N/APCGeneral & Unrestricted$750
STONECREEK CHURCH
12850 HWY 9 N STE 600 PMB 210ALPHARETTAGA30004N/APCGeneral & Unrestricted$1,900
STONECREEK CHURCH
12850 HWY 9 N STE 600 PMB 210ALPHARETTAGA30004N/APCTo support the following projects: Replace aging electrical system, Get in water supply to the vicinity of the pavilion, Build a ramp from the parking lot to the grass field, Fencing, and Lighting$40,000
WWP INC - WOUNDED WARRIOR PROJECT INC
PO BOX 758516TOPEKAKS66675N/APCGeneral & Unrestricted$100
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$47,350TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$967ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,203ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$32,438ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$48,608ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$48,608TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMG RIVER ROAD SMALL-MID CAP V$16,551$21,234
ARTISAN INTERNATIONAL VALUE FU$26,906$36,804
DFA U S CORE EQUITY 1 PORTFOLI$93,584$157,413
DOUBLELINE TOTAL RETURN BOND-R$43,478$35,295
EATON VANCE ATLANTA CPTL SMID$37,470$41,320
EDGEWOOD GROWTH FUND INSTI$18,027$34,812
INVESCO S&P 500 EQUAL WEIGHT E$31,715$41,179
ISHARES BARCLAYS 1-3 YEAR TREA$28,695$28,693
JOHCM INTERNATIONAL SELECT FUN$25,594$24,665
LYRICAL U.S. VALUE EQUITY FUND$60,000$84,948
PIMCO INVESTMENT GRADE CORP BD$30,000$30,068
SPDR S&P 500 ETF TRUST$132,511$242,051
TECHNOLOGY SPDR$5,259$14,184
THE MERGER FUND CL I$28,390$28,542
VANGUARD GROWTH INDEX INSTL CL$28,037$68,938
VANGUARD TOTAL BOND MARKET IND$90,000$86,095

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$11,138$11,138
State or Local Filing Fees$25$25

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescRETURNED GRANTDesc
Amt$400Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$9,271Amt
Net Investment Income$9,271NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category4720 Extension for 2023CategoryTxt
Amt$1,705Amt