THE STRAUSS FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE STRAUSS FAMILY FOUNDATION (EIN 20-8004558)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-16
IRS object ID
202421379349100722
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-16T08:56:21-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271423088PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JACKSON DOERKSEN & MCPETERS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1425 S CHERRY ST STE 500AddressLine1Txt
CityGLENDALECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80246ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208004558EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE STRAUSS FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTRABusinessNameControlTxt
Phone3037617605PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WINDOVER ROADAddressLine1Txt
CityGREENWOOD VILLAGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80121ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFRY S STRAUSSPersonNm
Person TitlePRES./SECY.PersonTitleTxt
Phone3037617605PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEFFRYPersonFirstNm
Person LastSTRAUSSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHEIDI MCPETERSPreparerPersonNm
PTINP01266962PTIN
Phone3033228771PhoneNum
Preparation2024-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$534,433FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$27,676DividendsRevAndExpnssAmt
Dividends Net Invst Incm$27,676DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$21,870NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$706,299GrossSalesPriceAmt
Total Rev And Expnss$5,816TotalRevAndExpnssAmt
Total Net Invst Incm$27,676TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$539OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$270OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$269OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$724TaxesRevAndExpnssAmt
Taxes Net Invst Incm$607TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$117TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,263TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$877TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$386TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$27,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$27,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$28,263TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$877TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$27,386TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$22,447ExcessRevenueOverExpensesAmt
Net Investment Income$26,799NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$250,546SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$534,433SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$534,433SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$430PrepaidExpensesBOYAmt
Corporate Stock BOY$304,695CorporateStockBOYAmt
Other Assets BOY$1,150OtherAssetsBOYAmt
Total Assets BOY$556,821TotalAssetsBOYAmt
Total Assets EOY$534,433TotalAssetsEOYAmt
Total Assets EOYFMV$534,433TotalAssetsEOYFMVAmt
Accounts Payable EOY$59AccountsPayableEOYAmt
Total Liabilities EOY$59TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$556,821RetainedEarningBOYAmt
Retained Earning EOY$534,374RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$556,821TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$534,374TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$556,821TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$534,433TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$556,821TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$22,447ExcessRevenueOverExpensesAmt
Subtotal$534,374SubtotalAmt
Tot Net Ast Or Fund Balances EOY$534,374TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$373InvestmentIncomeExciseTaxAmt
Subtotal$373SubtotalAmt
Tax Based On Investment Income$373TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$313EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$313TotalPaymentsAndCreditsAmt
Tax Due$60TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateCOOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSUSAN STRAUSSIndividualWithBooksNm
Phone3037617605PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110 WINDOVER ROADAddressLine1Txt
CityGREENWOOD VILLAGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80121ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJEFFRY S STRAUSSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WINDOVER ROADAddressLine1Txt
CityGREENWOOD VILLAGECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80121ZIPCd
FieldValueIRS element (for citing)
TitlePRES./SECY.TitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$152,348AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$544,838AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$946FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$698,132TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$698,132AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$10,472CashDeemedCharitableAmt
Net Vl Noncharitable Assets$687,660NetVlNoncharitableAssetsAmt
Minimum Investment Return$34,383MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$34,383MinimumInvestmentReturnAmt
Tax Based On Investment Income$373TaxBasedOnInvestmentIncomeAmt
Total Tax$373TotalTaxAmt
Distributable Before Adj$34,010DistributableBeforeAdjAmt
Distributable Before Ded$34,010DistributableBeforeDedAmt
Distributable As Adjusted$34,010DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$27,386ExpensesAndContributionsAmt
Qualifying Distributions$27,386QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$34,010DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$30,037ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$30,037TotalExcessDistributionCyovAmt
Qualifying Distributions$27,386QualifyingDistributionsAmt
Applied To Current Year$27,386AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$6,624ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$6,624ExcessDistributionCyovAppCYAmt
Total Corpus$23,413TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$23,413ExcessDistriCyovToNextYrAmt
Excess From Year3$23,413ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJEFFRY STRAUSSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
DESERT COMMUNITY FOUNDATION
75-105 MERLE DRIVEPALM DESERTCA92211CHARITYCHARITABLE PURPOSE$2,500
TRANS MISSISSIPPI FOUNDATION
13760 NOEL ROADDALLASTX75240CHARITYCHARITABLE PURPOSE$2,000
MUDDY PAWS RESCUE
821 9TH AVENEW YORKNY10019CHARITYCHARITABLE PURPOSE$12,500FRNT1
NEW YORK PHILHARMONIC
10 LINCOLN CENTER PLAZANEW YORKNY10023CHARITYCHARITABLE PURPOSE$5,000DAVID GEFFEN HALL
FIRST PRESBYTERIAN CHURCH
1609 W LITTLETON BLVDLITTLETONCO80120CHARITYCHARITABLE PURPOSE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$27,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$27,676ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$21,870RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$27,676ExclusionAmt
Related Or Exempt Function Incm-$21,870RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,806TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
FREYR BATTERY2022-12PURCHASE2023-01$218,301$227,224-$8,923
ISHARES PREFERRED INCOME2022-11PURCHASE2023-03$301,950$304,695-$2,745
VERIZON2023-02PURCHASE2023-04$186,048$196,250-$10,202

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockISHARES PREFERRED INCOME ETFStockNm

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDIVIDENDS RECEIVABLEDesc
BOY Book Value$1,150BOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT OTHER PROFESSIONAL FEESCategoryTxt
Amt$539Amt
Net Investment Income$270NetInvestmentIncomeAmt
Disbursements Charitable Prps$269DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
LICENSES$235$118$117
EXCISE TAX$489$489

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