TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 11-01-2024 , and ending 10-31-2025

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 RD STE 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 If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$4,184,613J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	3,190		3,190	3,190
4	Dividends and interest from securities...	124,336		124,336	124,336
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10	List of Attached Documents: // Content	364,978
b	Gross sales price for all assets on line 6a 1,322,501
7	Capital gain net income (from Part IV, line 2)...
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).......
12	Total. Add lines 1 through 11........	492,504		127,526	127,526
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	1,050			1,050
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	3,600			3,600
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	36,005	36,005
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,345	1,345
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	1,500			1,500
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	43,500		37,350		6,150
25	Contributions, gifts, grants paid.......	300,500				300,500
26	Total expenses and disbursements. Add lines 24 and 25	344,000		37,350		306,650
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	148,504
b	Net investment income (if negative, enter -0-)			90,176
c	Adjusted net income (if negative, enter -0-)...				127,526

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,028,349	255,863	255,863
	2	Savings and temporary cash investments.........	47,298	82,058	82,058
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	3,186,437	List of Attached Documents: // Content 2,851,434	2,851,434
	c	Investments—corporate bonds (attach schedule).......		List of Attached Documents: // Content 995,258	995,258
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 609
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,262,693	4,184,613	4,184,613
	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 )		List of Attached Documents: // Content 53
	23	Total liabilities (add lines 17 through 22).........		53
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	4,262,693	4,184,560
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	4,262,693	4,184,560
	30	Total liabilities and net assets/fund balances (see instructions).	4,262,693	4,184,613

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

4,262,693

Enter amount from Part I, line 27a .....................

148,504

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

4,411,197

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

226,637

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

4,184,560

Form 990-PF (2024)

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
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 ...................		3

Part V

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,253
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	1,253
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	1,253
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	1,200
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	1,200
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	53
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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 XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

CHARLES E BIETLER Telephone no. right arrow

(734) 458-1980

Located at right arrow

14800 FARMINGTON ROAD STE 102LIVONIAMI ZIP+4 right arrow

48154

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, 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 right arrow

Form 990-PF (2024)

Page 5

Part VI-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

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? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)? ......................

1a(5)

(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.) ...............

1a(6)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2024? .............

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)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2024 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 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 VII

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	DIRECTOR 000.00	0	0	0
MATTHEW C QUINN	DIRECTOR 1.00	0	0	0
28345 BECK ROAD SUITE 301 WIXOM,MI48393	DIRECTOR 1.00	0	0	0
CHARLES E BIETLER	DIRECTOR 2.00	0	0	0
14800 FARMINGTON ROAD LIVONIA,MI48154	DIRECTOR 2.00	0	0	0

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...................

Form 990-PF (2024)

Page 7

Part VII

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............. right arrow

Part VIII-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 VIII-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......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,581,243

Average of monthly cash balances.......................

642,106

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,223,349

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,223,349

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

63,350

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

4,159,999

Minimum investment return. Enter 5% (0.05) of line 5................

208,000

Part X

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.)

Minimum investment return from Part IX, line 6..................

208,000

Tax on investment income for 2024 from Part V, line 5 .......

1,253

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,253

Distributable amount before adjustments. Subtract line 2c from line 1............

206,747

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

206,747

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

206,747

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

306,650

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

306,650

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2024
1 Distributable amount for 2024 from Part X, line 7			206,747
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......	19,069
b From 2020......	10,306
c From 2021......	101,470
d From 2022......	21,127
e From 2023......	31,609
f Total of lines 3a through e ........		183,581
4Qualifying distributions for 2024 from Part
XI, line 4: $ 306,650
a Applied to 2023, 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 2024 distributable amount.....			206,747
e Remaining amount distributed out of corpus		99,903
5 Excess distributions carryover applied to 2024.
(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		283,484
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 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........			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 2019 not applied on line 5 or line 7 (see instructions) ...		19,069
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		264,415
10 Analysis of line 9:
a Excess from 2020....	10,306
b Excess from 2021....	101,470
c Excess from 2022....	21,127
d Excess from 2023....	31,609
e Excess from 2024....	99,903

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, 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 IX, 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 XIV

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 right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2024)

Page 11

Part XIV

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ANN ARBOR COMMUNITY CENTER INC 625 N MAIN ST ANN ARBOR,MI48104		501(C)(3)	CAMPAIGN	25,000
CAPUCHIN SOUP KITCHEN 1820 MT ELLIOTT ST DETROIT,MI48207		501(C)(3)	CAMPAIGN	50,000
DETROIT PUBLIC TELEVISON 48325 ALPHA DR STE 150 WIXOM,MI48393		501(C)(3)	CAMPAIGN	50,000
FORGOTTEN HARVEST 15000 W EIGHT MILE RD OAK PARK,MI48237		501(C)(3)	CAMPAIGN	50,000
LEADER DOGS FOR THE BLIND 1039 S ROCHESTER RD ROCHESTER HILLS,MI48307		501(C)(3)	CAMPAIGN	25,000
MAKE-A-WISH FOUNDATION OF MICHIGAN 20750 CIVIC CENTER DR STE 180 SOUTHFIELD,MI48076		501(C)(3)	CAMPAIGN	25,000
SALINE AREA SOCIAL SERVICE INC 1259 INDUSTRIAL DR SALINE,MI48176		501(C)(3)	CAMPAIGN	50,000
SCHOOLCRAFT COLLEGE FOUNDATION 18600 HAGGERTY RD LIVONIA,MI48152		501(C)(3)	CAMPAIGN	25,000
THE ARC OF NORTHWEST WAYNE COUNTY 7170 N HAGGERTY RD CANTON TWP,MI48187		501(C)(3)	CAMPAIGN	500
Total ................................. 3a				300,500

bApproved for future payment

Total ................................. 3b

Form 990-PF (2024)

Page 12

Part XV-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	(e) Related or exempt function income (See instructions.)
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 ...........					3,190
4 Dividends and interest from securities ....					124,336
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 ............					364,978
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..					492,504

13Total. Add line 12, columns (b), (d), and (e)..................

492,504

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-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 (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 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	3,600			3,600

- TIN:

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

TY 2024 GainLossSaleOtherAssetsSch

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN:

38-2828486

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
39 BECTON DICKINSON & CO ACCT 1437	2016-08	PURCHASE	2025-10	7,391	6,753	638
33 WALMART INC ACCT 1437	2024-06	PURCHASE	2025-10	3,355	2,258	1,097
BAIRD 1437 SHORT-TERM SEE ATTACHED		PURCHASE		8,633	6,708	1,925
BAIRD 1437 LONG-TERM SEE ATTACHED		PURCHASE		76,043	49,454	26,589
BAIRD 1437 LONG-TERM SEE ATTACHED		PURCHASE		39,270	28,900	10,370
BAIRD 1598 SHORT-TERM SEE ATTACHED		PURCHASE		72,476	82,692	-10,216
BAIRD 1598 LONG-TERM SEE ATTACHED		PURCHASE		216,265	135,496	80,769
BAIRD 1598 SHORT-TERM SEE ATTACHED		PURCHASE		45,560	45,257	303
BAIRD 1598 LONG-TERM SEE ATTACHED		PURCHASE		451,555	291,448	160,107
BAIRD 1598 SHORT-TERM SEE ATTACHED		PURCHASE		11,951	10,401	1,550
BAIRD 1598 LONG-TERM SEE ATTACHED		PURCHASE		157,357	107,519	49,838
BAIRD 3250 SHORT-TERM SEE ATTACHED		PURCHASE		11,279	12,104	-825
BAIRD 3250 LONG-TERM SEE ATTACHED		PURCHASE		216,172	175,650	40,522
BAIRD 3250 LONG-TERM SEE ATTACHED		PURCHASE		5,194	2,883	2,311

- TIN:

TY 2024 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
EATON VANCE TOTAL RETURN BOND	995,258	995,258

- TIN:

TY 2024 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 (1437)	11,991	11,991
ABBVIE INC (1437)	18,751	18,751
ACCENTURE PLC (1437)	11,755	11,755
ACCENTURE PLC (1598)	17,507	17,507
AGILENT TECHNOLOGIES INC	25,613	25,613
AGILENT TECHNOLOGIES INC 3250	14,490	14,490
AIRBNB INC 1598	20,373	20,373
AIR LEASE CORP	21,457	21,457
AKAMAI TECHNOLOGIES INC	10,664	10,664
ALBEMARLE CORP	9,430	9,430
ALCON INC	9,901	9,901
ALPHABET INC	64,255	64,255
AMAZON.COM INC	47,623	47,623
AMERICAN WATER WORKS COMPANY INC	9,761	9,761
AMERICOLD REALTY TRUST INC	6,754	6,754
AMPHENOL CORP 1437	31,073	31,073
ANALOG DEVICES INC	22,711	22,711
ANSYS INC
APPLE INC	45,422	45,422
APPLIED MATERIALS INC	10,490	10,490
ARCH CAPITAL GROUP LTD	45,399	45,399
ARROW ELECTRONICS INC	9,705	9,705
ARTHUR J GALLAGHER & COMPANY	13,223	13,223
ATMOS ENERGY CORP	21,293	21,293
AUTOMATIC DATA PROCESSING INC	14,577	14,577
BECTON DICKINSON & CO (1437)
BERKSHIRE HATHAWAY INC
BIO RAD LABS INC	10,865	10,865
BLACKROCK FDG INC (1437)
BROADRIDGE FINANCIAL SOLUTIONS 1437	14,767	14,767
BROADRIDGE FINANCIAL SOLUTIONS 3250	13,224	13,224
BROOKFIELD ASSET MANAGEMENT INC
BROOKFIELD CORP LTD 1598	28,643	28,643
BXP INC 3250	12,387	12,387
CASEYS GENL STORES INC	23,094	23,094
CBRE GROUP INC	24,389	24,389
CDW CORP 1598	20,559	20,559
CENCORA INC 3250	16,553	16,553
CENTENE CORP 3250	6,791	6,791
CHAMPIONX CORP 3250
CINTAS CORP	13,562	13,562
CME GROUP INC 1437	15,664	15,664
COPART INC	19,355	19,355
CORTEVA INC 1437	16,957	16,957
COSTCO WHOLESALE CORP	16,406	16,406
COTERRA ENERGY INC	10,600	10,600
CSX CORP	13,652	13,652
CUMMINS INC	17,945	17,945
D R HORTON INC	17,442	17,442
DANAHER CORP	31,876	31,876
DARDEN RESTAURANTS INC	14,412	14,412
DEERE & CO	18,927	18,927
DENTSPLY SIRONA INC	3,203	3,203
DOLLAR TREE INC (1598)
DOVER CORP	14,698	14,698
EAST WEST BANCORP INC 3250	12,497	12,497
EASTMAN CHEMICAL CO	6,904	6,904
ELEVANCE HEALTH INC 1437
ELEVANCE HEALTH INC 1598
ENTEGRIS INC (3250)	17,765	17,765
EOG RESOURCES INC (1437)	9,737	9,737
EQUINIX INC	12,690	12,690
EXXON MOBIL CORP	18,412	18,412
FASTENAL CO	15,061	15,061
FERGUSON ENTERPRISES INC 1598	42,245	42,245
FERGUSON PLC
FISERV INC
GARTNER INC 1598	20,861	20,861
GATX CORP	12,548	12,548
GENERAL DYNAMICS CORP	13,451	13,451
GILEAD SCIENCES INC
GLOBAL PAYMENTS INC	8,709	8,709
HELMERICH & PAYNE INC 3250	5,199	5,199
HEXCEL CORP (3250)	16,136	16,136
HOME DEPOT INC	17,082	17,082
HOULIHAN LOKEY INC	13,431	13,431
ILLINOIS TOOL WORKS INC	14,147	14,147
INTERCONTINENTAL EXCHANGE INC	17,116	17,116
INTUIT INC	15,354	15,354
IQVIA HOLDINGS INC	20,131	20,131
JACK HENRY & ASSOCIATES	8,936	8,936
KEYCORP
KEYSIGHT TECHNOLOGIES INC	17,930	17,930
KEYSIGHT TECHNOLOGIES INC 1598	32,201	32,201
LABCORP HOLDINGS INC 3250	13,714	13,714
LABORATORY CORP OF AMER HOLDINGS
LIBERTY BROADBAND CORP
LOWES COMPANIES INC	28,099	28,099
MARSH & MCLENNAN COS INC	16,746	16,746
MASCO CORP	17,226	17,226
MASTERCARD INC	16,008	16,008
MCCORMICK & CO INC	12,126	12,126
MCDONALDS CORP	15,518	15,518
MERCK & COMPANY	9,888	9,888
MICROSOFT CORP (1437)	25,373	25,373
MONDELEZ INTERNATIONAL INC 1437	10,630	10,630
MOTOROLA SOLUTIONS INC	16,268	16,268
MSCI INC 1598	16,479	16,479
MURPHY OIL CORP 3250	4,613	4,613
NASDAQ INC	15,559	15,559
NIKE INC (1598)
PACCAR INC	31,291	31,291
PACKAGING CORP OF AMERICA	10,963	10,963
PARKER-HANNIFIN CORP	33,232	33,232
PIMCO STOCKSPLUS INTL USD 4337	547,919	547,919
POOL CORP (1437)	8,279	8,279
PROCTER & GAMBLE CO 1437	13,233	13,233
PROGRESSIVE CORP OH (1598)	25,132	25,132
PROGRESSIVE CORP OH (3250)	10,300	10,300
QIAGEN NV 3250	15,507	15,507
QUALCOMM INC	14,834	14,834
RAYMOND JAMES FINANCIAL INC	19,675	19,675
REINSURANCE GROUP OF AMERICA	16,239	16,239
RENAISSANCERE HOLDINGS LIMITED	14,991	14,991
REPUBLIC SERVICES INC (1437)	16,867	16,867
REPUBLIC SERVICES INC (3250)	16,867	16,867
ROSS STORES INC 3250	13,985	13,985
S&P GLOBAL INC	16,565	16,565
SBA COMMUNICATIONS CORP	9,000	9,000
SCHWAB CHARLES CORP 1598	21,551	21,551
SCOTTS MIRACLE-GRO CO	12,256	12,256
SEALED AIR CORP	8,143	8,143
SENSATA TECHNOLOGIES HOLDING PLC	10,408	10,408
SHERWIN WILLIAMS CO	15,522	15,522
SKYWORKS SOLUTIONS INC	14,456	14,456
SLB LTD 3250	6,743	6,743
SNAP ON INC (1437)	16,442	16,442
SNAP ON INC (3250)	15,771	15,771
STARBUCKS CORP	13,182	13,182
STERIS PLC	13,435	13,435
STIFEL FINANCIAL CORP	20,370	20,370
STRYKER CORP	17,812	17,812
SYNOPSYS INC	15,430	15,430
SYSCO CORP	10,622	10,622
T MOBILE US INC	17,434	17,434
TEXAS INSTRUMENTS INC 1437	11,787	11,787
TEXAS INSTRUMENTS INC 1598	30,354	30,354
THOMSON REUTERS CORP 1437	14,082	14,082
TJX COS INC (1598)	18,358	18,358
TJX COS INC (3250)	11,491	11,491
TRACTOR SUPPLY CO	19,155	19,155
U S BANCORP DE
ULTA BEAUTY INC 3250	17,156	17,156
UNITED PARCEL SERVICE INC (1437)
VERIZON COMMUNICATIONS INC	14,187	14,187
VISA INC	28,963	28,963
WALMART INC	18,415	18,415
WATSCO INC	16,192	16,192
WEC ENERGY GROUP (1437)	17,877	17,877
WEC ENERGY GROUP (3250)	15,307	15,307
WINTRUST FINANCIAL CORP 3250	13,392	13,392
WOODWARD INC	22,017	22,017
WORKDAY INC	11,036	11,036
ZOETIS INC	10,230	10,230

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN:

38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MATTHEW C QUINN	1,050			1,050

- TIN:

TY 2024 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	609

- TIN:

TY 2024 OtherDecreasesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN:

38-2828486

Description	Amount
NET UNREALIZED LOSS ON SECURITIES	226,637

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN:

38-2828486

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
EXPENSES
ANNUAL FILING FEE	20	20
INSURANCE	1,480	1,480

- TIN:

TY 2024 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		53

- TIN:

TY 2024 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	36,005	36,005

- TIN:

TY 2024 TaxesSchedule

Name:

THE ANGELO AND MARGARET DIPONIO

FOUNDATION

EIN:

38-2828486

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	1,248	1,248
FOREIGN TAX ON DIVIDENDS	97	97