﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-12-03T03:28:30-00:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>161191442</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KENNETH PAUL LASS CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1109 MONROE ST</AddressLine1Txt>
        <CityNm>ENDICOTT</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>13760</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-08-26</TaxPeriodBeginDt>
    <Filer>
      <EIN>331754591</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>FARGNOLI CHARITABLE FOUNDATION BY AL &amp; DEBBY INC</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% ALBERT FARGNOLI</InCareOfNm>
      <BusinessNameControlTxt>FARG</BusinessNameControlTxt>
      <PhoneNum>6077259211</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1311 ARBOR GLADE RD</AddressLine1Txt>
        <CityNm>APALACHIN</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>13732</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ALBERT J FARGNOLI JR</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>6077259211</PhoneNum>
      <SignatureDt>2025-10-01</SignatureDt>
      <DiscussWithPaidPreparerInd>false</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>KENNETH P LASS</PreparerPersonNm>
      <PTIN>P00320158</PTIN>
      <PhoneNum>6077545773</PhoneNum>
      <PreparationDt>2025-12-03</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF referenceDocumentId="990PF:127 990PF:128" documentId="990PF" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <InitialReturnInd>X</InitialReturnInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>712495</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>712495</ContriRcvdRevAndExpnssAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>712495</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>0</TotalNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>0</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>0</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>0</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>712495</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <OtherInvestmentsEOYAmt referenceDocumentId="990PF:131">712495</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>712495</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsEOYAmt>712495</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>712495</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningEOYAmt>712495</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>712495</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>0</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>712495</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <ExcessRevenueOverExpensesAmt>712495</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>712495</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>712495</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>ALBERT FARGNOLI JR</IndividualWithBooksNm>
        <PhoneNum>6077259211</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1311 ARBOR GLADE RD</AddressLine1Txt>
          <CityNm>APALACHIN</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13732</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALBERT FARGNOLI JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>1311 ARBOR GLADE RD</AddressLine1Txt>
            <CityNm>APALACHIN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13732</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>29687</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>29687</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>29687</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>445</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>29242</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>513</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>513</MinimumInvestmentReturnAmt>
        <DistributableBeforeAdjAmt>513</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>513</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>513</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>0</ExpensesAndContributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>513</DistributableAsAdjustedAmt>
        <UndistributedIncomeCYAmt>513</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2024-08-26</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>ALBERT J FARGNOLI JR</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="990B" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>ALBERT J FARGNOLI JR</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>1311 ARBOR GLADE DR</AddressLine1Txt>
          <CityNm>APALACHIN</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13732</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>712495</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>EQUITABLE LIFE INSURANCE POLICY</NoncashPropertyDesc>
        <FairMarketValueAmt>712495</FairMarketValueAmt>
        <ReceivedDt>2024-12-17</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <CharitableContributionsDetail>
        <ContributorNum>1</ContributorNum>
        <GiftPurposeTxt>FUND FOUNDATION</GiftPurposeTxt>
        <GiftUseTxt>SUPPORT 501 C 3 ORGANS</GiftUseTxt>
        <TransfereeNameIndividual>ALBERT J FARGNOLI JR</TransfereeNameIndividual>
        <TransfereeUSAddress>
          <AddressLine1Txt>1311 ARBOR GLADE DR</AddressLine1Txt>
          <CityNm>APALACHIN</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13732</ZIPCd>
        </TransfereeUSAddress>
      </CharitableContributionsDetail>
    </IRS990ScheduleB>
    <GeneralExplanationAttachment documentId="990PF:128" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>PART VI-A SUBSTANTIAL CONTRIBUTOR ALBERT J FARGNOLI JR 1311 ARBOR GLADE DR APALACHIN NY 13732</FormAndLineReferenceDesc>
        <MediumExplanationTxt>PART VI-A SUBSTANTIAL CONTRIBUTOR ALBERT J FARGNOLI JR 1311 ARBOR GLADE DR APALACHIN NY 13732</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsOtherSchedule2 documentId="990PF:131" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EQUITABLE LIFE INS POLICY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>712495</BookValueAmt>
        <EOYFMVAmt>712495</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <ReasonableCauseExplanation documentId="990PF:127" softwareId="24019898" softwareVersionNum="24.0.1.0">
      <ExplanationTxt>AS THIS WAS OUR FIRST YEAR AND FILING. THE ACCOUNTANT WAS NOT AWARE THAT THE YEAR END FOR THIS ORGANIZATION WAS TO BE A CALENDAR YEAR. ONLY AFTER THE IRS LETTER 1076 ADVISING US THAT WE WERE A 501C3 PRIVATE FOUNDATION WITH A YEAR END OF DECEMBER 2024 DID THE FILING REQUIREMENT BECOME AN ISSUE. MY OFFICE PREPARED AND FILED THE RETURN AS PROMPTLY AS POSSIBLE THEREFORE PLEASE ABATE ALL LATE FILING PENALTIES FOR REASONABLE CAUSE.</ExplanationTxt>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>