STRATEGY STUDIO / PUBLIC DATA EXPLORER

BOINAPALLI FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
BOINAPALLI FOUNDATION (EIN 77-0560784)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-02
IRS object ID
202042769349100114
Schema version
2019v5.0
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)
Return2020-10-02T14:56:32-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200435450PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EDWARD L GRANT CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16920 SANTA TERESA BLVD STE 103AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP951191344ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770560784EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOINAPALLI FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOINBusinessNameControlTxt
Phone4083063089PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121701 STEVENS CREEK BLVD 672AddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSASHI BOINAPALLIPersonNm
Person TitleDirectorPersonTitleTxt
Signature2020-10-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEDWARD L GRANT CPAPreparerPersonNm
PTINP00415551PTIN
Phone4083600500PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$77,049FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$127DividendsRevAndExpnssAmt
Dividends Net Invst Incm$127DividendsNetInvstIncmAmt
Dividends Adj Net Incm$127DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$685NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$72,802GrossSalesPriceAmt
Total Rev And Expnss-$557TotalRevAndExpnssAmt
Total Net Invst Incm$128TotalNetInvstIncmAmt
Total Adj Net Incm$128TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$575LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$220TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$795TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,116ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,116ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,911TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,116TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,468ExcessRevenueOverExpensesAmt
Net Investment Income$128NetInvestmentIncomeAmt
Adjusted Net Income$128AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$100CashBOYAmt
Cash EOY$100CashEOYAmt
Sav And Temp Cash Invst BOY$2,420SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$434SavAndTempCashInvstEOYAmt
Corporate Stock BOY$58,794CorporateStockBOYAmt
Corporate Stock EOY$58,312CorporateStockEOYAmt
Corporate Stock EOYFMV$77,049CorporateStockEOYFMVAmt
Total Assets BOY$61,314TotalAssetsBOYAmt
Total Assets EOY$58,846TotalAssetsEOYAmt
Total Assets EOYFMV$77,049TotalAssetsEOYFMVAmt
Accounts Payable BOY$4,711AccountsPayableBOYAmt
Accounts Payable EOY$4,711AccountsPayableEOYAmt
Total Liabilities BOY$4,711TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,711TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$56,603RetainedEarningBOYAmt
Retained Earning EOY$54,135RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$56,603TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$54,135TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$61,314TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$58,846TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$56,603TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,468ExcessRevenueOverExpensesAmt
Subtotal$54,135SubtotalAmt
Tot Net Ast Or Fund Balances EOY$54,135TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
413 sh ARK ETF TRP2000-12-122019-10-18$20,261$23,422-$3,161-$3,161
80 SH FIRST TRUST ETF NYSE ARCA BIOTECHP2014-04-072019-10-18$10,081$5,951$4,130$4,130
75 SH FIRST TRUST ETF DOW JONES INTERNET INDEXP2018-03-142019-10-18$9,987$9,825$162$162
97 SH INVESCO EXCHANGE TRADED FDP2018-07-122019-10-18$10,314$12,744-$2,430-$2,430
90 SH INVESCO EXCHANGE TRADED FDP2018-06-042019-10-18$10,497$11,462-$965-$965
56 SH ISHARES TRUST ISHARES NORTH AMERICAN TECP2018-03-142019-10-18$11,662$10,083$1,579$1,579
FieldValueIRS element (for citing)
Capital Gain Net Income-$685CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$4,848AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$492AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$968AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr5$2,989AdjustedQlfyDistriYr5Amt
Net Investment Income Pct$1NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,116QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Tax Due$1TaxDueAmt

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
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 Line1SASHI BOINAPALLIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4083339396PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121398 METEOR DRIVEAddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95014ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BALITRIPURA BOINAPALLI
21398 METEOR DRIVECUPERTINOCA95014Director1.00$0
SASHI BOINAPALLI
21398 METEOR DRIVECUPERTINOCA95014Director1.00$0
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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$1DistributableBeforeAdjAmt
Distributable Before Ded$1DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,116ExpensesAndContributionsAmt
Qualifying Distributions$1,116QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,115AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$1,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,001ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,501TotalExcessDistributionCyovAmt
Qualifying Distributions$1,116QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$1,116RemainingDistriFromCorpusAmt
Total Corpus$10,617TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$7,617ExcessDistriCyovToNextYrAmt
Excess From Year3$1,000ExcessFromYear3Amt
Excess From Year2$500ExcessFromYear2Amt
Excess From Year1$5,001ExcessFromYear1Amt
Excess From Current Year$1,116ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDIRECTOR BOINAPALLI FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line121701 STEVENS CREEK BLVD 672AddressLine1Txt
CityCUPERTINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95015ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4083339396RecipientPhoneNum
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsCHARITABLE PURPOSE WITHIN IRC CODE SECTION 501(C)(3)RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonHINDU COMMUNITY CULTURAL CENTERRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11232 ARROWHEAD AVEAddressLine1Txt
CityLIVERMORECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94551ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusCHARITYRecipientFoundationStatusTxt
Grant Or Contribution PurposeCHARITABLEGrantOrContributionPurposeTxt
Amt$1,116Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,116TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$127RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$685RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$557RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$557TotalIncomeProducingActyAmt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Legal Fees$575LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FRANCHISE TAX BOARD$60
UNITED STATE TREASURY$160