Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 11-01-2020 , and ending 10-31-2021
Name of foundation
THE ANGELO AND MARGARET DIPONIO
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)14800 FARMINGTON ROAD SUITE 102
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LIVONIA, MI48154
A Employer identification number

38-2828486
B Telephone number (see instructions)

(734) 458-1980
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,996,366
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 9 9 9
4 Dividends and interest from securities... 87,412 87,412 87,412
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 145,801
b Gross sales price for all assets on line 6a 1,439,858
7 Capital gain net income (from Part IV, line 2)... 10,931
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 929   929
12 Total. Add lines 1 through 11........ 234,151 98,352 88,350
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 7,800     7,800
c Other professional fees (attach schedule).... 37,645 37,645    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 347 347    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,416     1,416
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 47,208 37,992   9,216
25 Contributions, gifts, grants paid....... 165,500 165,500
26 Total expenses and disbursements. Add lines 24 and 25 212,708 37,992   174,716
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,443
b Net investment income (if negative, enter -0-) 60,360
c Adjusted net income (if negative, enter -0-)... 88,350
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 95,006 167,123 167,123
2 Savings and temporary cash investments......... 63,879 82,735 82,735
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,505,011 Click to see attachment2,795,201 2,795,201
c Investments—corporate bonds (attach schedule)....... 1,050,208 Click to see attachment950,350 950,350
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 838,151    
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment957 Click to see attachment957
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,552,255 3,996,366 3,996,366
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment1,422  
23 Total liabilities (add lines 17 through 22)......... 1,422 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 3,550,833 3,996,366
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,550,833 3,996,366
30 Total liabilities and net assets/fund balances (see instructions). 3,552,255 3,996,366
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,550,833
2
Enter amount from Part I, line 27a .....................
2
21,443
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
424,090
4
Add lines 1, 2, and 3 ..........................
4
3,996,366
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,996,366
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 10,931
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 839
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 839
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 839
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,800
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 957
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet957 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCHARLES E BIETLER Telephone no.bullet (734) 458-1980

    Located atbullet14800 FARMINGTON RD STE 102LIVONIAMI ZIP+4bullet48154
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARGARET E DIPONIO DIRECTOR
    000.00
    0 0 0
    5155 CURTIS
    PLYMOUTH,MI48170
    MATTHEW C QUINN DIRECTOR
    000.00
    0 0 0
    28345 BECK ROAD SUITE 301
    WIXOM,MI48393
    CHARLES E BIETLER DIRECTOR
    000.00
    0 0 0
    14800 FARMINGTON ROAD
    LIVONIA,MI48154
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,642,768
    b
    Average of monthly cash balances.......................
    1b
    131,065
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,773,833
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,773,833
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    56,607
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,717,226
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    185,861
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    185,861
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    839
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    839
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    185,022
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    185,022
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    185,022
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    174,716
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    174,716
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    174,716
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 185,022
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 367,984
    b From 2016...... 177,510
    c From 2017...... 380,597
    d From 2018...... 118,153
    e From 2019...... 19,069
    fTotal of lines 3a through e........ 1,063,313
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 174,716
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 174,716
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 10,306 10,306
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,053,007
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    357,678
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    695,329
    10 Analysis of line 9:
    a Excess from 2016.... 177,510
    b Excess from 2017.... 380,597
    c Excess from 2018.... 118,153
    d Excess from 2019.... 19,069
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHARLES E BIETLER
    14800 FARMINGTON ROAD
    LIVONIA,MI48154
    (734) 458-1980
    bThe form in which applications should be submitted and information and materials they should include:
    REQUESTS SHOULD CONTAIN SUFFICIENT INFORMATION TO DEMONSTRATE THAT THE REQUESTING ORGANIZATION IS QUALIFIED TO RECEIVE FUNDS FROM THE FOUNDATION (SEE SUBSECTION (D) BELOW), AND A SHORT AND PLAIN STATEMENT OF THE BASIS FOR THE REQUEST.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION'S ARTICLES OF INCORPORATION LIMIT GRANTS TO SECTION 501(C)(3) ORGANIZATIONS OPERATING WITHIN THE STATE OF MICHIGAN, SUCH AS INSTITUTIONS OF HIGHER LEARNING, ORGANIZATIONS CONDUCTING MEDICAL RESEARCH OR PROVIDING MEDICAL ASSISTANCE OR TREATMENT, ORGANIZATIONS PROVIDING ASSISTANCE FOR PERSONS TEMPORARILY OUT OF WORK OR HOMELESS, OR OTHER CHARITABLE ORGANIZATIONS.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ANGELA HOSPICE HOME CARE INC
    14100 NEWBURGH RD
    LIVONIA,MI48154
      501(C)(3) CAMPAIGN 10,000
    ANN ARBOR COMMUNITY CENTER
    625 N MAIN STREET
    ANN ARBOR,MI48104
      501(C)(3) CAMPAIGN 10,000
    THE ARC OF NORTHWEST WAYNE COUNTY
    7170 N HAGGERTY RD
    CANTON,MI48187
      501(C)(3) CAMPAIGN 500
    CAPUCHIN SOUP KITCHEN
    1820 MOUNT ELLIOT ST
    DETROIT,MI48207
      501(C)(3) CAMPAIGN 10,000
    DETROIT PUBLIC TV
    1 CLOVER COURT
    WIXOM,MI48393
      501(C)(3) CAMPAIGN 10,000
    FORGOTTEN HARVEST
    15000 W EIGHT MILE RD
    OAK PARK,MI48237
      501(C)(3) CAMPAIGN 10,000
    GLEANERS COMMUNITY FOOD BANK
    2131 BEAUFAIT
    DETROIT,MI48207
      501(C)(3) CAMPAIGN 10,000
    OUR HOME PANTRY GARDEN CITY
    1751 RADCLIFF ST
    GARDEN CITY,MI48135
      501(C)(3) CAMPAIGN 10,000
    LEADER DOGS FOR THE BLIND
    1039 S ROCHESTER RD
    ROCHESTER HILLS,MI48307
      501(C)(3) CAMPAIGN 5,000
    MADONNA UNIVERSITY
    36600 SCHOOLCRAFT ROAD
    LIVONIA,MI48150
      501(C)(3) CAMPAIGN 20,000
    MAKE-A-WISH FOUNDATION OF MICHIGAN
    7600 GRAND RIVER AVE
    SUITE 175
    BRIGHTON,MI48114
      501(C)(3) CAMPAIGN 10,000
    MENTAL HEALTH ASSOCIATION IN MI
    1325 S WASHINGTON AVE
    LANSING,MI48901
      501(C)(3) CAMPAIGN 10,000
    SALINE AREA SOCIAL SERVICE
    1259 INDUSTRIAL DR
    SALINE,MI48176
      501(C)(3) CAMPAIGN 10,000
    THE SALVATION ARMY ROYAL OAK
    3015 N MAIN ST
    ROYAL OAK,MI48073
      501(C)(3) CAMPAIGN 10,000
    SCHOOLCRAFT COLLEGE FOUNDATION
    18600 HAGGERTY RD
    LIVONIA,MI48152
      501(C)(3) CAMPAIGN 20,000
    SOCIETY OF ST VINCENT DE PAUL
    3000 GRATIOT AVE
    DETROIT,MI48207
      501(C)(3) CAMPAIGN 10,000
    Total .................................bullet 3a 165,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
            9
    4 Dividends and interest from securities....         87,412
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
            145,801
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL EXCISE TAX OVERPAID
            929
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     234,151
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    234,151
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DONALD RADABAUGH ASSOCIATES 7,800     7,800

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ACCENTURE PLC 2019-10 PURCHASE 2020-12   8,157 6,095     2,062  
    ACCENTURE PLC 2019-10 PURCHASE 2021-09   7,859 4,248     3,611  
    ACTIVISION BLIZZARD INC 2021-02 PURCHASE 2021-06   181 202     -21  
    ADOBE INC 2020-03 PURCHASE 2021-08   7,287 3,486     3,801  
    AGILENT TECHNOLOGIES INC 2021-02 PURCHASE 2021-06   442 381     61  
    AIR PDTS & CHEMICALS INC 2016-08 PURCHASE 2021-05   2,088 952     1,136  
    ALPHABET INC 2019-10 PURCHASE 2021-08   8,753 3,609     5,144  
    AMERICAN TOWER CORP 2020-05 PURCHASE 2021-10   33,690 26,569     7,121  
    AMERICOURCEBERGEN CORP 2021-02 PURCHASE 2021-06   116 106     10  
    ANALOG DEVICES INC 2020-07 PURCHASE 2021-01   8,080 5,739     2,341  
    APPLE INC 2016-08 PURCHASE 2021-02   2,564 541     2,023  
    APPLIED MATERIALS INC 2021-02 PURCHASE 2021-06   271 234     37  
    APPLIED MATERIALS INC 2021-02 PURCHASE 2021-08   1,706 1,519     187  
    ARTHUR J GALLAGHER 2018-11 PURCHASE 2021-05   4,484 2,331     2,153  
    ASSURANT INC 2016-08 PURCHASE 2021-02   10,443 6,730     3,713  
    AT&T INC 2016-08 PURCHASE 2021-05   6,189 9,240     -3,051  
    BERKSHIRE HATHAWAY B NEW 2019-10 PURCHASE 2021-06   10,313 7,624     2,689  
    BIO RAD LABS INC 2021-02 PURCHASE 2021-06   626 639     -13  
    BLACK KNIGHT INC 2021-02 PURCHASE 2021-06   307 331     -24  
    BOSTON PROPERTIES INC 2021-02 PURCHASE 2021-06   238 185     53  
    BRKFLD ASSET MGMT CL A 2021-06 PURCHASE 2021-07   308 310     -2  
    BRKFLD ASSET MGMT CL A 2021-07 PURCHASE 2021-07   32 31     1  
    CASEYS GENL STORES INC 2018-10 PURCHASE 2021-05   1,753 1,007     746  
    CATALYST HEDGE STR 2019-10 PURCHASE 2021-02   725,691 670,499     55,192  
    CATALYST HEDGE STR 2019-10 PURCHASE 2020-11   250,000 254,501     -4,501  
    CDK GLBL INC 2021-02 PURCHASE 2021-06   203 208     -5  
    CIMAREX ENERGY COMPANY 2021-02 PURCHASE 2021-06   281 201     80  
    COCA COLA COMPANY 2016-08 PURCHASE 2021-03   8,559 7,306     1,253  
    COGNIZANT TECH SLTNS A 2020-08 PURCHASE 2021-02   5,565 4,948     617  
    COGNIZANT TECH SLTNS A 2019-10 PURCHASE 2021-02   38,419 29,937     8,482  
    COMMERCE BANCSHARES INC 2016-08 PURCHASE 2020-12   53 32     21  
    COMMERCE BANCSHARES INC 2016-08 PURCHASE 2021-08   11,264 6,218     5,046  
    CONTINENTAL RES INC OK 2021-02 PURCHASE 2021-06   340 199     141  
    COTERRA ENERGY INC 2021-02 PURCHASE 2021-10   1 1        
    FACEBOOK INC 2020-09 PURCHASE 2021-10   33,212 28,910     4,302  
    HOULIHAN LOKEY INC A 2021-02 PURCHASE 2021-06   315 265     50  
    INTERCONTINENTAL EXCH 2021-02 PURCHASE 2021-06   700 682     18  
    INTL BUSINESS MACHS CORP 2019-02 PURCHASE 2021-01   9,414 11,174     -1,760  
    INTUIT INC 2020-09 PURCHASE 2021-08   5,379 3,118     2,261  
    JACOBS ENGINEERING GROUP 2021-02 PURCHASE 2021-03   6,222 5,541     681  
    JACOBS ENGINEERING GROUP 2019-10 PURCHASE 2021-03   1,991 1,418     573  
    JOHNSON & JOHNSON 2016-08 PURCHASE 2021-05   1,866 1,361     505  
    KEYCORP NEW 2021-02 PURCHASE 2021-06   207 203     4  
    KEYSIGHT TECHS INC 2021-02 PURCHASE 2021-10   2,152 1,723     429  
    KEYSIGHT TECHS INC 2021-02 PURCHASE 2021-06   754 718     36  
    LINDE PLC 2019-10 PURCHASE 2021-05   8,525 5,418     3,107  
    LOWES COMPANIES INC 2019-10 PURCHASE 2021-04   9,496 5,214     4,282  
    LOWES COMPANIES INC 2019-10 PURCHASE 2021-05   7,419 3,937     3,482  
    MARSH & MCLENNAN COS INC 2020-07 PURCHASE 2021-08   6,130 4,422     1,708  
    MASTERCARD INC 2016-08 PURCHASE 2021-03   1,904 483     1,421  
    MERCK & COMPANY INC 2016-08 PURCHASE 2021-05   1,735 1,398     337  
    NASDAQ INC 2018-06 PURCHASE 2021-10   2,939 1,429     1,510  
    ORGANON & CO 2016-08 PURCHASE 2021-06   330 327     3  
    PPG INDUSTRIES INC 2019-10 PURCHASE 2020-11   6,040 4,805     1,235  
    PROGRESSIVE CORP OH 2021-02 PURCHASE 2021-06   285 263     22  
    PROSPERITY BANCSHS INC 2018-06 PURCHASE 2021-04   9,673 9,098     575  
    QUALCOMM INC 2016-08 PURCHASE 2021-02   6,587 2,738     3,849  
    RAYMOND JAMES FINANCIAL 2021-02 PURCHASE 2021-06   260 237     23  
    REALTY INCOME CORP 2016-08 PURCHASE 2021-10   10,514 9,752     762  
    REPUBLIC SERVICES INC 2021-02 PURCHASE 2021-06   433 365     68  
    SEALED AIR CORP 2021-02 PURCHASE 2021-06   117 87     30  
    SENSATA TECHS HLDG PLC 2021-02 PURCHASE 2021-06   58 59     -1  
    STIFEL FINANCIAL CORP 2021-02 PURCHASE 2021-06   385 353     32  
    SYNOPSYS INC 2021-02 PURCHASE 2021-06   270 269     1  
    SYNOPSYS INC 2021-02 PURCHASE 2021-09   14,438 11,561     2,877  
    TJX COS INC 2021-02 PURCHASE 2021-06   66 69     -3  
    U S BANCORP DE 2019-10 PURCHASE 2021-05   9,231 7,995     1,236  
    WATSCO INC A 2018-04 PURCHASE 2021-05   5,072 3,293     1,779  
    WEC ENERGY GROUP INC 2021-02 PURCHASE 2021-06   89 84     5  
    WSTRN ASST COR BD A 2021-10 PURCHASE 2021-10   35,157 36,144     -987  
    WSTRN ASST COR BD A 2020-10 PURCHASE 2021-10   64,843 65,267     -424  
    XCEL ENERGY 2016-08 PURCHASE 2021-05   2,175 1,322     853  
    XILINX INC 2021-02 PURCHASE 2021-09   2,998 2,781     217  
    XILINX INC 2021-02 PURCHASE 2021-06   3,283 3,615     -332  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WESTERN ASSET CORE BOND 950,350 950,350

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 14,822 14,822
    ACCENTURE PLC (1437) 17,940 17,940
    ACCENTURE PLC (1598) 40,902 40,902
    ACTIVISION BLIZZARD INC 13,605 13,605
    ADOBE INC 27,965 27,965
    AGILENT TECHNOLOGIES INC 19,214 19,214
    AIR LEASE CORP 10,773 10,773
    AIR PRODUCTS & CHEMICALS 13,192 13,192
    AKAMAI TECHNOLOGIES INC 11,179 11,179
    ALBEMARLE CORP 19,036 19,036
    ALCON INC 44,848 44,848
    ALPHABET INC 74,135 74,135
    AMAZON.COM INC 26,979 26,979
    AMERICAN TOWER CORP NEW (1437) 15,790 15,790
    AMERICAN TOWER CORP NEW (1598)    
    AMERICOLD REALTY TRUST 11,169 11,169
    AMERISOURCEBERGEN CORP 9,029 9,029
    ANALOG DEVICES INC 47,363 47,363
    ANSYS INC 21,256 21,256
    APPLE INC 35,353 35,353
    APPLIED MATERIALS INC 14,622 14,622
    APTARGROUP INC 11,233 11,233
    ARCH CAPITAL GROUP LTD 42,155 42,155
    ARROW ELECTRONICS INC 13,080 13,080
    ARTHUR J GALLAGHER & COMPANY 14,252 14,252
    ASSURANT INC    
    AT&T INC    
    ATMOS ENERGY CORP 15,108 15,108
    AUTOMATIC DATA PROCESSING INC 17,061 17,061
    BECTON DICKINSON & CO (1437) 9,823 9,823
    BECTON DICKINSON & CO (1598) 56,304 56,304
    BERSHIRE HATHAWAY INC 47,357 47,357
    BIO RAD LABS INC 19,072 19,072
    BLACK KNIGHT INC 10,446 10,446
    BOSTON PROPERTIES INC 12,273 12,273
    BROADRIDGE FINANCIAL SOLUTIONS 1437 13,559 13,559
    BROADRIDGE FINANCIAL SOLUTIONS 3250 12,310 12,310
    BROOKFIELD ASSET MANAGEMENT INC 57,854 57,854
    CARRIER GLOBAL CORP 15,773 15,773
    CASEYS GENL STORES INC 11,109 11,109
    CBRE GROUP INC 24,667 24,667
    CDK GLOBAL INC 13,012 13,012
    CLOROX COMPANY 10,922 10,922
    CMC MATERIALS INC 13,992 13,992
    COCA COLA COMPANY    
    COGNIZANT TECHNOLOGY    
    COMMERCE BANCSHARES    
    CONTINENTAL RESOURCES INC 17,181 17,181
    COPART INC 43,636 43,636
    COSTCO WHOLESALE CORP 17,204 17,204
    COTERRA ENERGY INC 20,105 20,105
    CSX CORP 13,889 13,889
    CUMMINS INC 11,992 11,992
    D R HORTON INC 22,407 22,407
    DANAHER CORP 38,659 38,659
    DARDEN RESTAURANTS INC 19,315 19,315
    DENTSPLY SIRONA INC 10,698 10,698
    DOLLAR GENERAL CORP 13,513 13,513
    DOLLAR TREE INC (1598) 43,535 43,535
    DOLLAR TREE INC (3250) 19,828 19,828
    DOVER CORP 13,019 13,019
    EASTMAN CHEMICAL CO 9,259 9,259
    EQUINIX INC 12,556 12,556
    EXXON MOBIL CORP 13,603 13,603
    FACEBOOK INC    
    FASTENAL CO 15,069 15,069
    FIDELITY NATIONAL INFORMATION SVCS 8,084 8,084
    FISERV INC 51,412 51,412
    GATX CORP 9,200 9,200
    GENERAL DYNAMICS CORP 11,760 11,760
    GILEAD SCIENCES INC 5,645 5,645
    GLACIER BANCORP INC NEW 12,661 12,661
    GLOBAL PAYMENTS INC 13,441 13,441
    HOME DEPOT INC 16,728 16,728
    HOULIHAN LOKEY INC 16,252 16,252
    ILLINOIS TOOL WORKS INC 14,356 14,356
    INTERCONTINENTAL EXCHANGE INC 21,877 21,877
    INTL BUSINESS MACHINES    
    INTUIT INC 15,650 15,650
    JACK HENRY & ASSOCIATES 10,488 10,488
    JACOBS ENIGINEERING GROUP 53,360 53,360
    JOHNSON & JOHNSON 9,936 9,936
    KEYCORP 14,358 14,358
    KEYSIGHT TECHNOLOGIES INC 21,422 21,422
    KIMBERLY CLARK CORP 10,230 10,230
    LABORATORY CORP OF AMER HOLDINGS 12,342 12,342
    LIBERTY BROADBAND CORP 60,107 60,107
    LINDE PLC 27,451 27,451
    LOWES COMPANIES INC 65,937 65,937
    MARSH & MCLENNAN COS INC 49,373 49,373
    MASCO CORP 15,535 15,535
    MASTERCARD INC 11,072 11,072
    MCCORMICK & CO INC 9,467 9,467
    MCDONALDS CORP 15,715 15,715
    MERCK & COMPANY 14,352 14,352
    NASDAQ INC 15,530 15,530
    NEXTERA ENERGY INC 12,629 12,629
    NORVARTIS AG 42,290 42,290
    PACCAR INC 51,532 51,532
    PACKAGING CORP OF AMERICA 9,479 9,479
    PARKER-HANNIFIN CORP 25,507 25,507
    PPG INDUSTRIES INC 43,836 43,836
    PRICE T ROWE GROUP INC 14,531 14,531
    PROGRESSIVE CORP OH (1598) 52,089 52,089
    PROGRESSIVE CORP OH (3250) 14,991 14,991
    PROSPERITY BANCSHARES    
    QUALCOMM INC 12,506 12,506
    RAYMOND JAMES FINANCIAL INC 16,563 16,563
    REALTY INCOME    
    REINSURANCE GROUP OF AMERICA 8,974 8,974
    REINSURANCE HOLDINGS LIMITED 10,210 10,210
    REPUBLIC SERVICES INC (1437) 19,248 19,248
    REPUBLIC SERVICES INC (3250) 23,555 23,555
    S&P GLOBAL INC 17,544 17,544
    SBA COMMUNICATIONS CORP 12,777 12,777
    SCOTTS MIRACLE-GRO CO 9,353 9,353
    SEALED AIR CORP 14,415 14,415
    SENSATA TECHNOLOGIES HOLDING PLC 15,042 15,042
    SHERWIN WILLIAMS CO 14,247 14,247
    SKYWORKS SOLUTIONS INC 20,891 20,891
    SNAP ON INC (1437) 10,568 10,568
    SNAP ON INC (3250) 11,787 11,787
    STERICYCLE INC 11,912 11,912
    STERIS PLC 19,400 19,400
    STIFEL FINANCIAL CORP 15,448 15,448
    STRYKER CORP 13,304 13,304
    SYNEOS HEALTH INC 13,161 13,161
    SYNOPSYS INC 16,326 16,326
    SYSCO CORP 10,766 10,766
    TE CONNECTIVITY LTD 42,194 42,194
    TJX COS INC (1598) 40,931 40,931
    TJX COS INC (3250) 8,972 8,972
    TRACTOR SUPPLY CO 17,808 17,808
    U S BANCORP DE 50,107 50,107
    UNION PACIFIC CORP 17,139 17,139
    V F CORP 7,580 7,580
    VERIZON COMMUNICATIONS INC 11,499 11,499
    VISA INC 43,836 43,836
    WATSCO INC 13,031 13,031
    WEC ENERGY GROUP (1437) 10,267 10,267
    WEC ENERGY GROUP (3250) 10,807 10,807
    WOODWARD INC 11,634 11,634
    XCEL ENERGY INC 10,011 10,011
    XILINX INC 14,761 14,761

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CATALYST MILLBURN HEDGE STR FMV    

    TY 2020 OtherAssetsSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FEDERAL EXCISE TAX REFUNDABLE   957 957


    TY 2020 OtherExpensesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ANNUAL FILING FEE        
    INSURANCE 1,416     1,416


    TY 2020 OtherIncomeSchedule2
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL EXCISE TAX OVERPAID 929   929


    TY 2020 OtherIncreasesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Description Amount
    UNREALIZED GAIN ON SECURITIES 424,090


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX PAYABLE 1,422  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ROBERT W. BAIRD & CO., INC. 37,645 37,645    


    TY 2020 TaxesSchedule
    Name:
    THE ANGELO AND MARGARET DIPONIO
     
    FOUNDATION
    EIN:
    38-2828486
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON DIVIDENDS 347 347