STRATEGY STUDIO / PUBLIC DATA EXPLORER

BOINAPALLI FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
BOINAPALLI FOUNDATION (EIN 77-0560784)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-10-14
IRS object ID
201512879349100431
Schema version
2014v5.0
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)
Return2015-10-14T16:53:34-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-10-14SignatureDt
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)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$73,731FMVAssetsEOYAmt
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$967DividendsRevAndExpnssAmt
Dividends Net Invst Incm$967DividendsNetInvstIncmAmt
Dividends Adj Net Incm$967DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$152NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$41,873GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$152CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$152NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$1,119TotalRevAndExpnssAmt
Total Net Invst Incm$1,119TotalNetInvstIncmAmt
Total Adj Net Incm$1,119TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$530LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$10TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$540TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,540TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,421ExcessRevenueOverExpensesAmt
Net Investment Income$1,119NetInvestmentIncomeAmt
Adjusted Net Income$1,119AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$100CashBOYAmt
Cash EOY$100CashEOYAmt
Cash EOYFMV$100CashEOYFMVAmt
Sav And Temp Cash Invst BOY$702SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,860SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,860SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$53,151CorporateStockBOYAmt
Corporate Stock EOY$49,572CorporateStockEOYAmt
Corporate Stock EOYFMV$71,771CorporateStockEOYFMVAmt
Total Assets BOY$53,953TotalAssetsBOYAmt
Total Assets EOY$51,532TotalAssetsEOYAmt
Total Assets EOYFMV$73,731TotalAssetsEOYFMVAmt
Accounts Payable BOY$4,711AccountsPayableBOYAmt
Accounts Payable EOY$4,711AccountsPayableEOYAmt
Total Liabilities BOY$4,711TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,711TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$49,242RetainedEarningBOYAmt
Retained Earning EOY$46,821RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$49,242TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$46,821TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$53,953TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$51,532TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$49,242TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,421ExcessRevenueOverExpensesAmt
Subtotal$46,821SubtotalAmt
Tot Net Ast Or Fund Balances EOY$46,821TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
193 SH ALTISOURCE RESIDENTIAL CORPP2014-03-112014-10-17$4,704$5,603-$899-$899
1,000 SH FREDDIE MAC-VOTING COMMONP2013-11-262014-03-11$3,390$2,530$860$860
668 SH FANNIE MAEP2013-11-262014-03-11$2,194$1,854$340$340
593 SH JC PENNY CO INCP2014-02-272014-04-09$5,209$4,433$776$776
223 SH GUGGENHEIM S&P MIDCAP 4OO PU GROWTH ETFP2013-12-262014-04-07$26,376$27,301-$925-$925
FieldValueIRS element (for citing)
Capital Gain Net Income$152CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$152NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$3,080AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$986AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr3$55,910NetVlNoncharitableAssetsYr3Amt
Adjusted Qlfy Distri Yr4$3,616AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$59,152NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.06113DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$47,264NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.02116DistributionYr5Rt
Total Distribution0.08229TotalDistributionRt
Average Distribution0.01646AverageDistributionRt
Net Investment Income Pct$11NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$11AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$3,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$11InvestmentIncomeExciseTaxAmt
Subtotal$11SubtotalAmt
Tax Based On Investment Income$11TaxBasedOnInvestmentIncomeAmt
Tax Due$11TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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$11TaxBasedOnInvestmentIncomeAmt
Total Tax$11TotalTaxAmt
Distributable Before Adj$11DistributableBeforeAdjAmt
Distributable Before Ded$11DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,000ExpensesAndContributionsAmt
Qualifying Distributions$3,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$11PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$2,989AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$167ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$1,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,232ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,399TotalExcessDistributionCyovAmt
Qualifying Distributions$3,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$3,000RemainingDistriFromCorpusAmt
Total Corpus$7,399TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$7,399ExcessDistriCyovToNextYrAmt
Excess From Year4$167ExcessFromYear4Amt
Excess From Year2$1,000ExcessFromYear2Amt
Excess From Year1$3,232ExcessFromYear1Amt
Excess From Current Year$3,000ExcessFromCurrentYearAmt

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 (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SILICON ANDHRA EIN 77-0578707
20990 VALLEY GREEN DRIVE 615CUPERTINOCA95014NONECHARITYCHARITABLE$1,000
HINDU COMMUNITY CULTURAL CENTER
1232 ARROWHEAD AVELIVERMORECA94551NONECHARITYCHARITABLE$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$967ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$152RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$967ExclusionAmt
Related Or Exempt Function Incm$152RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,119TotalIncomeProducingActyAmt

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$530LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFRANCHISE TAX BOARD (199)CategoryTxt
Amt$10Amt