FEDERICO AND ELVIA FAGGIN FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FEDERICO AND ELVIA FAGGIN FOUNDATION INC (EIN 45-1027778)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-09
- IRS object ID
- 202133139349101958
- Schema version
- 2020v4.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-09T11:23:38-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770164567 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OFFEREINS JANDA ROE & MCCAHAN CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 987 UNIVERSITY AVENUE SUITE 6 | AddressLine1Txt |
| City | LOS GATOS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 451027778 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDERICO AND ELVIA FAGGIN | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FEDE | BusinessNameControlTxt |
| Phone | 6509414079 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27910 ROBLE BLANCO | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FEDERICO FAGGIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6507349946 | PhoneNum |
| Signature | 2021-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FEDERICO | PersonFirstNm |
| Person Last | FAGGIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANA L PATTERSON | PreparerPersonNm |
| PTIN | P00322561 | PTIN |
| Phone | 4083542205 | PhoneNum |
| Preparation | 2021-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,891,833 | 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 |
| Interest On Sav Rev And Expnss | $46 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $46 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $132,937 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $132,937 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $110,463 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,075,489 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $110,463 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $243,446 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $243,446 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $12,012 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $7,000 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $0 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $51,326 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $76,438 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $670,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $670,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $746,938 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $670,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$503,492 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $243,446 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $41,704 | CashBOYAmt |
| Cash EOY | $35,030 | CashEOYAmt |
| Cash EOYFMV | $30,030 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $502 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $502 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $502 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,639,342 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,259,456 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,386,897 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $10,156,749 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,039,817 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,474,404 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,838,297 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,334,805 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,891,833 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $12,838,297 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,334,805 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,838,297 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,334,805 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,838,297 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,334,805 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,838,297 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$503,492 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,334,805 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,334,805 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (64 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 78 SHRS AFFILIATED MANAGERS GROUP INC | P | 2020-02-07 | 2020-06-16 | $5,793 | $6,359 | -$566 | -$566 |
| 523 SHRS CHEVRON CORP | P | 2020-03-13 | 2020-05-05 | $49,472 | $39,580 | $9,892 | $9,892 |
| 2,100 SHRS GOLDMAN SACHS | P | 2019-08-05 | 2020-04-07 | $211,330 | $210,504 | $826 | $826 |
| 704 SHRS WHIRLPOOL CORP | P | 2020-03-12 | 2020-08-25 | $117,426 | $71,985 | $45,441 | $45,441 |
| 39 SHRS BERKSHIRE HATHAWAY INC | P | 2015-12-11 | 2020-08-19 | $8,186 | $5,089 | $3,097 | $3,097 |
| 553 SHRS LUMEN TECHNOLOGIES INC | P | 2017-11-01 | 2020-06-16 | $5,723 | $10,112 | -$4,389 | -$4,389 |
| 141 SHRS CITIGROUP INC | P | 2018-12-28 | 2020-06-16 | $7,641 | $7,313 | $328 | $328 |
| 605 SHRS DANONE SPONSORED ADR | P | 2014-04-30 | 2020-06-16 | $8,553 | $8,821 | -$268 | -$268 |
| 47 SHRS FAIRFAX FINL HOLDINGS | P | 2013-02-25 | 2020-06-16 | $15,565 | $17,956 | -$2,391 | -$2,391 |
| 234 SHRS GENERAL MTRS CO | P | 2016-10-14 | 2020-06-16 | $6,578 | $7,451 | -$873 | -$873 |
| 4,917 SHRS GOLDMAN SACHS | P | 2018-08-01 | 2020-03-19 | $494,710 | $491,762 | $2,948 | $2,948 |
| 51 SHRS JPMORGAN CHASE & CO | P | 2013-02-25 | 2020-06-16 | $5,207 | $2,472 | $2,735 | $2,735 |
| 122 SHRS JOHNSON & JOHNSON | P | 2013-02-25 | 2020-06-16 | $17,840 | $9,286 | $8,554 | $8,554 |
| 243 SHRS MAGNA INTL INC | P | 2018-12-21 | 2020-06-16 | $10,666 | $11,038 | -$372 | -$372 |
| 147 MICROSOFT CORP | P | 2013-02-25 | 2020-06-16 | $27,116 | $4,070 | $23,046 | $23,046 |
| 370 SHRS POWER CORP | P | 2018-12-28 | 2020-08-19 | $7,301 | $6,604 | $697 | $697 |
| 156 SHRS SPX FLOW INC | P | 2016-01-12 | 2020-06-16 | $5,763 | $3,630 | $2,133 | $2,133 |
| 420 SHRS VODAFONE GROUP | P | 2013-02-25 | 2020-06-16 | $6,847 | $19,037 | -$12,190 | -$12,190 |
| 1,384 SHRS LIBERTY GLOBAL | P | 2016-02-23 | 2020-05-05 | $28,981 | $44,573 | -$15,592 | -$15,592 |
| 275 SHRS BANK OF AMERICA | P | 2019-06-28 | 2020-03-06 | $7,254 | $7,945 | -$691 | -$691 |
| 10 SHRS CITIGROUP INC | P | 2020-01-23 | 2020-07-20 | $498 | $800 | -$302 | -$302 |
| RAYTHEON TECHNOLOGIES CORP | P | 2020-04-17 | 2020-04-17 | $24 | $24 | $24 | |
| SIEMENS | P | 2020-11-24 | 2020-11-24 | $2,085 | $2,085 | $2,085 | |
| 10 SHRS VIATRIS INC | P | 2019-12-23 | 2020-11-27 | $173 | $161 | $12 | $12 |
| 211 SHRS WELLS FARGO | P | 2019-12-23 | 2020-05-08 | $5,349 | $11,374 | -$6,025 | -$6,025 |
| 28 SHRS BOEING CO | P | 2016-06-24 | 2020-03-24 | $3,415 | $3,661 | -$246 | -$246 |
| 205 SHRS CISCO SYS INC | P | 2014-04-17 | 2020-07-20 | $7,916 | $4,748 | $3,168 | $3,168 |
| 126 SHRS CONOCOPHILLIPS | P | 2014-04-17 | 2020-07-27 | $4,668 | $9,414 | -$4,746 | -$4,746 |
| 352 SHRS CORNING INC | P | 2014-12-18 | 2020-01-29 | $9,491 | $7,339 | $2,152 | $2,152 |
| 24 SHRS DIAGEO PLC | P | 2014-04-17 | 2020-08-31 | $3,233 | $2,970 | $263 | $263 |
| 290 SHRS HSBC HOLDINGS | P | 2014-04-17 | 2020-01-27 | $10,562 | $15,126 | -$4,564 | -$4,564 |
| 12 SHRS INTEL CORP | P | 2014-04-17 | 2020-07-20 | $722 | $324 | $398 | $398 |
| 7 SHRS JPMORGAN CHASE & CO | P | 2014-04-17 | 2020-07-20 | $686 | $387 | $299 | $299 |
| 29 SHRS LILLY ELI & CO | P | 2014-04-17 | 2020-08-31 | $4,414 | $1,745 | $2,669 | $2,669 |
| 69 SHRS MICROSOFT CORP | P | 2014-04-17 | 2020-08-05 | $13,833 | $2,766 | $11,067 | $11,067 |
| 8 SHRS NEXTERA ENERGY | P | 2014-04-17 | 2020-07-20 | $2,257 | $778 | $1,479 | $1,479 |
| 94 SHRS PFIZER INC | P | 2014-06-11 | 2020-08-31 | $3,559 | $2,768 | $791 | $791 |
| 7 SHRS PHILIP MORRIS INTL | P | 2014-04-17 | 2020-07-20 | $509 | $580 | -$71 | -$71 |
| 220 SHRS ROYAL DUTCH SHELL | P | 2014-04-17 | 2020-03-12 | $6,552 | $17,756 | -$11,204 | -$11,204 |
| 31 SHRS SIEMENS AG | P | 2017-09-18 | 2020-07-20 | $2,071 | $2,173 | -$102 | -$102 |
| 9 SHRS TARGET CORP | P | 2019-01-31 | 2020-11-03 | $1,421 | $654 | $767 | $767 |
| 36 SHRS TRAVELERS COMPANIES | P | 2014-04-17 | 2020-03-26 | $3,337 | $3,118 | $219 | $219 |
| 115 SHRS TRUIST FINL CORP | P | 2017-12-21 | 2020-07-20 | $4,447 | $5,892 | -$1,445 | -$1,445 |
| 11 SHRS UNILEVER | P | 2014-04-17 | 2020-07-20 | $595 | $465 | $130 | $130 |
| 60 SHRS VIATRIS INC | P | 2014-06-11 | 2020-11-27 | $1,026 | $822 | $204 | $204 |
| 41 SHRS WELLTOWER INC | P | 2014-04-17 | 2020-11-10 | $2,822 | $2,519 | $303 | $303 |
| 625 SHRS CORNING INC | P | 2019-06-21 | 2020-03-31 | $13,382 | $20,650 | -$7,268 | -$7,268 |
| RAYTHEON TECHNOLOGIES CORP | P | 2020-04-17 | 2020-04-17 | $29 | $29 | $29 | |
| 19 SHRS AMERICAN TOWER CORP | P | 2016-11-03 | 2020-03-31 | $4,232 | $2,151 | $2,081 | $2,081 |
| 48 SHRS ANALOG DEVICES INC | P | 2016-08-15 | 2020-06-29 | $5,673 | $3,123 | $2,550 | $2,550 |
| 366 SHRS CISCO SYS | P | 2014-07-25 | 2020-08-24 | $15,416 | $9,516 | $5,900 | $5,900 |
| 370 SHRS COMCAST CORP | P | 2014-04-17 | 2020-06-25 | $23,018 | $16,515 | $6,503 | $6,503 |
| 226 SHRS WALT DISNEY CO | P | 2017-02-08 | 2020-05-06 | $22,865 | $26,273 | -$3,408 | -$3,408 |
| 214 SHRS EASTMAN CHEM CO | P | 2018-01-03 | 2020-03-12 | $8,898 | $20,322 | -$11,424 | -$11,424 |
| 340 SHRS HASBRO INC | P | 2014-04-17 | 2020-02-12 | $33,315 | $22,732 | $10,583 | $10,583 |
| 227 SHRS MARATHON PETE CORP | P | 2018-09-14 | 2020-09-03 | $7,810 | $19,128 | -$11,318 | -$11,318 |
| 433 SHRS MAXIM INTEGRATED | P | 2017-03-17 | 2020-08-31 | $29,814 | $19,364 | $10,450 | $10,450 |
| 122 SHRS TEXAS INSTRS INC | P | 2014-04-17 | 2020-06-29 | $15,152 | $5,611 | $9,541 | $9,541 |
| 740 SHRS TRUIST FINL CORP | P | 2017-01-05 | 2020-04-16 | $22,097 | $35,555 | -$13,458 | -$13,458 |
| 8,550 SHRS ALPS EFT | P | 2016-07-13 | 2020-11-24 | $199,428 | $203,406 | -$3,978 | -$3,978 |
| 2,990 SHRS ISHARES TR | P | 2014-04-21 | 2020-09-23 | $237,948 | $221,270 | $16,678 | $16,678 |
| 3,650 SHRS SPDR S&P DIVIDEND | P | 2014-04-21 | 2020-12-31 | $283,855 | $236,931 | $46,924 | $46,924 |
| 330 SHRS WELLS FARGO | P | 2015-03-24 | 2020-05-08 | $8,366 | $18,552 | -$10,186 | -$10,186 |
| CAPITAL GAINS DIVIDENDS | P | $574 | $574 | $574 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $110,463 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,384 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,384 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,384 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,830 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,830 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $446 | OverpaymentAmt |
| Applied To ES Tax | $446 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FAGGINFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6509414079 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27910 ROBLE BLANCO | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| FEDERICO FAGGIN | ||||||||
| 27910 ROBLE BLANCO | LOS ALTOS HILLS | CA | 94022 | CHIEF EXECUTIVE OFFICER | 0.00 | $0 | $0 | $0 |
| ELVIA FAGGIN | ||||||||
| 27910 ROBLE BLANCO | LOS ALTOS HILLS | CA | 94022 | SECRETARY | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,522,236 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $39,304 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,561,540 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,561,540 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $143,423 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,418,117 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $470,906 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $470,906 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,384 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,384 | TotalTaxAmt |
| Distributable Before Adj | $467,522 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $467,522 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $467,522 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $670,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $670,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $670,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $467,522 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $54,055 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $125,783 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $179,838 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $670,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $467,522 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $202,978 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $382,816 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $382,816 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $54,055 | ExcessFromYear2Amt |
| Excess From Year1 | $125,783 | ExcessFromYear1Amt |
| Excess From Current Year | $202,978 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FEDERICO FAGGIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27910 ROBLE BLANCO | AddressLine1Txt |
| City | LOS ALTOS HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6509414079 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN PROPOSALS FROM PROSPECTIVE RECIPIENTS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO CHARITABLE AND EDUCATIONAL PURPOSES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN COMPUTER MUSEUM | |||||||
| 2023 STADIUM DRIVE SUITE 1-A | BOZEMAN | MT | 59715 | NONE | PUBLIC | PUBLIC | $30,000 |
| CAMBRIDGE HEALTH ALLIANCE FOUNDATION | |||||||
| 1493 CAMBRIDGE ST | CAMBRIDGE | MA | 02139 | NONE | PUBLIC | PUBLICPUBLIC | $2,400 |
| CENTER FOR MINDFUL SELF-COMPASSION | |||||||
| 10601-G TIERRASANTA BLVD 205 | SAN DIEGO | CA | 92124 | NONE | PUBLIC | PUBLIC | $4,800 |
| CHAPMAN UNIVERSITY | |||||||
| ONE UNIVERSITY DRIVE | ORANGE | CA | 92866 | NONE | PUBLIC | PUBLIC | $125,000 |
| SILICON VALLEY COMMUNITY FOUNDATION | |||||||
| 2440 W EL CAMINO REAL SUITE 300 | MOUNTAIN VIEW | CA | 94040 | NONE | PUBLIC | PUBLIC | $228,900 |
| THE MARCONI SOCIETY | |||||||
| 28018 TERRACE DRIVE | NORTH OLMSTED | OH | 44070 | NONE | PUBLIC | PUBLIC | $25,000 |
| UNIVERSITY OF CALIFORNIA IRVINE | |||||||
| 100 THEORY SUITE 250 | IRVINE | CA | 92617 | NONE | PUBLIC | PUBLIC | $254,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $670,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $46 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $132,937 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $110,463 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $243,446 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $243,446 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $6,100 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | OPPENHEIMER COMMON STOCKS | StockNm |
| EOY Book Value | $3,259,456 | EOYBookValueAmt |
| EOYFMV | $4,386,897 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OPPENHEIMER MONEY MARKET FUNDS | AT COST | $290,801 | $290,801 |
| OPPENHEIMER MUTUAL FUNDS | AT COST | $347,360 | $435,038 |
| DRAIOS, INC | AT COST | $75,000 | $75,000 |
| PEAXY, INC | AT COST | $4,537,026 | $453,703 |
| ALCHERA, INC | AT COST | $292,806 | $292,806 |
| SILVERBACK LEARNING SOLUTIONS | AT COST | $152,050 | $152,050 |
| PROCEPT BIOROBOTICS CORP | AT COST | $274,999 | $705,231 |
| V-NOVA INTERNATIONAL | AT COST | $2,362,775 | $2,362,775 |
| PIITECH | AT COST | $100,000 | $100,000 |
| ALKEON INNOVATION | AT COST | $607,000 | $607,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $85 | $0 | $0 |
| MISCELLANEOUS | $962 | $0 | $0 |
| MANAGEMENT FEES | $49,431 | $0 | $0 |
| ADR FEES | $357 | $0 | $0 |
| WEBSITE | $491 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $5,962 | $0 | $0 |
| FEDERAL TAXES | $6,050 | $0 | $0 |