STRACHAN FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: STRACHAN FOUNDATION (EIN 87-1008683)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-21
IRS object ID: 202433269349100603
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
Form 990-PF
Accounting Fees Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-21T09:34:23-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	933522912	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ABITOS ADVISORS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	255 ARAGON AVE 2ND FL	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	331345108	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	871008683	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STRACHAN FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	STRA	BusinessNameControlTxt
Phone	3057742945	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O 255 ARAGON AVE 2ND FLOOR	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33134	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HARRY STRACHAN	PersonNm
Person Title	PRESIDENT, CEO	PersonTitleTxt
Phone	5062018100	PhoneNum
Signature	2024-11-20	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL MEADE JD LLM	PreparerPersonNm
PTIN	P01079860	PTIN
Phone	3057742945	PhoneNum
Preparation	2024-11-20	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$16,335,195	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$10,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$178,141	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$176,890	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$86,596	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$86,595	DividendsNetInvstIncmAmt
Other Income Rev And Expnss	$899,962	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$828,944	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,174,699	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,092,429	TotalNetInvstIncmAmt
Oth Empl Slrs Wgs Rev And Expnss	$70,000	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$70,000	OthEmplSlrsWgsNetInvstIncmAmt
Accounting Fees Rev And Expnss	$10,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$10,000	AccountingFeesNetInvstIncmAmt
Interest Rev And Expnss	$102,507	InterestRevAndExpnssAmt
Interest Net Invst Incm	$102,507	InterestNetInvstIncmAmt
Other Expenses Rev And Expnss	$523,583	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$523,583	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$706,090	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$706,090	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$466,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$466,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,172,090	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$706,090	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$466,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$2,609	ExcessRevenueOverExpensesAmt
Net Investment Income	$386,339	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$24,041	CashBOYAmt
Cash EOY	$4,113	CashEOYAmt
Cash EOYFMV	$4,113	CashEOYFMVAmt
Acct Rcvbl BOY	$15,000	AcctRcvblBOYAmt
Other Investments BOY	$12,540,144	OtherInvestmentsBOYAmt
Other Investments EOY	$12,672,043	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$16,331,082	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$12,579,185	TotalAssetsBOYAmt
Total Assets EOY	$12,676,156	TotalAssetsEOYAmt
Total Assets EOYFMV	$16,335,195	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$12,579,185	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$12,676,156	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$12,579,185	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$12,676,156	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$12,579,185	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$12,676,156	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$12,579,185	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$2,609	ExcessRevenueOverExpensesAmt
Other Increases	$94,362	OtherIncreasesAmt
Subtotal	$12,676,156	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$12,676,156	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$5,370	InvestmentIncomeExciseTaxAmt
Subtotal	$5,370	SubtotalAmt
Tax Based On Investment Income	$5,370	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,225	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,225	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$30	EsPenaltyAmt
Tax Due	$4,175	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.STRACHANFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	THE ORGANIZATION	IndividualWithBooksNm
Phone	3057742945	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	C/O 255 ARAGON AVE 2ND FLOOR	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33134	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	PM	ForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd
HARRY STRACHAN
C/O 255 ARAGON AVE 2ND FLOOR	CORAL GABLES	FL	33134	PRESIDENT, C	000.00	$0	$0	$0
CHARLES K STRACHAN
89 BACON STREET	WINCHESTER	MA	01890	VP, ASSISTAN	000.00	$0	$0	$0
ROBERT LINDENBERG STRACHAN
INCAE 1358 7970 NW 21 ST	DORAL	FL	33122	TREASURER	000.00	$0	$0	$0
SANDY STRACHAN
SJO PO BOX 025331	MIAMI	FL	331025331	VICE PRESIDE	000.00	$0	$0	$0
ALAN MIGUEL TELLO
				EXECUTIVE DI	000.00	$0	$0	$0	PARQUE VALLE DEL SOL CASA 151	SAN JOSE	CS

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	INCAE BUSINESS SCHOOL	Description1Txt
Expenses1	$396,000	Expenses1Amt
Description2	ESEN - ESCUELA SUPERIOR DE ECONOMA Y NEGOCIOS	Description2Txt
Expenses2	$25,000	Expenses2Amt
Description3	PROGRAMA SUPERATE - HILASAL	Description3Txt
Expenses3	$25,000	Expenses3Amt
Description4	CALI - CENTRAL AMERICA LEADERSHIP PROGRAM - EDUCATION IN CENTRAL AMERICA COMMUNITIES	Description4Txt
Expenses4	$20,000	Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$14,307,729	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,113	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$2,023,353	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$16,335,195	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$16,335,195	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$245,028	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$16,090,167	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$804,508	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$804,508	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$5,370	TaxBasedOnInvestmentIncomeAmt
Income Tax	$14,960	IncomeTaxAmt
Total Tax	$20,330	TotalTaxAmt
Distributable Before Adj	$784,178	DistributableBeforeAdjAmt
Distributable Before Ded	$784,178	DistributableBeforeDedAmt
Distributable As Adjusted	$784,178	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$466,000	ExpensesAndContributionsAmt
Qualifying Distributions	$466,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$784,178	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$223,976	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$313,824	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$55,467	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$41,499	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$634,766	TotalExcessDistributionCyovAmt
Qualifying Distributions	$466,000	QualifyingDistributionsAmt
Applied To Current Year	$466,000	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$318,178	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$318,178	ExcessDistributionCyovAppCYAmt
Total Corpus	$316,588	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$316,588	ExcessDistriCyovToNextYrAmt
Excess From Year4	$219,622	ExcessFromYear4Amt
Excess From Year3	$55,467	ExcessFromYear3Amt
Excess From Year2	$41,499	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Shareholder Manager	HARRY STRACHAN	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	ALAN MIGUEL TELLO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PARQUE VALLE DEL SOL CASA 151	AddressLine1Txt
City	SANTA ANA	CityNm
State Abbreviation	AA	StateAbbreviationCd
ZIP	34001	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	5062201810	RecipientPhoneNum
Recipient Email Address	MIGUEL@STRACHANFOUNDATION	RecipientEmailAddressTxt
Form And Info And Materials	SEE ATTACHED	FormAndInfoAndMaterialsTxt
Submission Deadlines	SEE ATTACHED	SubmissionDeadlinesTxt
Restrictions On Awards	SEE ATTACHED	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Txt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CALI
CENTRAL AMERICA LEADERSHIP INITIATIVE	N/A	NA	AA	34001	LOCAL NGO	EDUCATION IN CENTRAL AMERICA	$20,000
ESEN
ESCUELA SUPERIOR DE ECONOMIA Y NEGOCIOS	SANTA TECLA	EL SALVADOR	AA	34001	UNIVERSITY	BUSINESS & ECONOMICS PROGRAMS	$25,000
INCAE BUSINESS SCHOOL
	2PC3468 CAMPUS WALTER KI	LA GARITA	AA	34001	UNIVERSITY	EDUCATION	$396,000
PROGRAMA SUPERATE - HILASAL
	N/A	NA	AA	34001	LOCAL NGO	EDUCATION	$25,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$466,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	$1,221	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	$176,920	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	$1	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	$86,595	RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Business	525990	BusinessCd
Unrelated Business Taxbl Incm	$71,018	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	$828,944	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$72,240	UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm	$1,092,459	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,164,699	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
4	INCOME OF 1,164,699 IS EARNED FROM INVESTMENTS IN "RIO FUERTE ENTERPRISES LP" & RIO FUERTE CAPITAL LP". THE STRACHAN FOUNDATION ASSETS ARE INVESTED IN AND MANAGED BY "RIO FUERTE ENTERPRISES LP" & "RIO FUERTE CAPITAL LP". THE INVESTMENTS IN RIO FUERTE ATTEMPT TO GENERATE A SUFFICIENT AMOUNT OF INCOME TO FUND THE ANNUAL OPERATIONS OF THE FOUNDATION SO THAT IT CAN ACCOMPLISH THE EXEMPT PURPOSES FOR WHICH IT WAS CREATED WHICH IS TO PROMOTE SOCIAL INVESTMENT IN CENTRAL AMERICA. WE SUPPORT INNOVATIVE PROJECTS THAT PREPARE AND EMPOWER PEOPLE AND COMMUNITIES TO CREATIVELY SOLVE THE PROBLEMS THEY FACE. WITHIN THAT BROAD OBJECTIVE, OUR CURRENT FOCUS IS ON CENTRAL AMERICA, INCLUDING COSTA RICA, HONDURAS, EL SALVADOR, GUATEMALA, NICARAGUA, AND PANAMA FOR THE PURPOSES DESCRIBED ABOVE.
3	INTEREST INCOME OF 176,890 EARNED ON BANK BALANCE IS USED FOR EXEMPT PURPOSES AS DESCRIBED ABOVE.

Line NumberLineNumberTxt

Relationship StatementRelationshipStatementTxt

INCOME OF 1,164,699 IS EARNED FROM INVESTMENTS IN "RIO FUERTE ENTERPRISES LP" & RIO FUERTE CAPITAL LP". THE STRACHAN FOUNDATION ASSETS ARE INVESTED IN AND MANAGED BY "RIO FUERTE ENTERPRISES LP" & "RIO FUERTE CAPITAL LP". THE INVESTMENTS IN RIO FUERTE ATTEMPT TO GENERATE A SUFFICIENT AMOUNT OF INCOME TO FUND THE ANNUAL OPERATIONS OF THE FOUNDATION SO THAT IT CAN ACCOMPLISH THE EXEMPT PURPOSES FOR WHICH IT WAS CREATED WHICH IS TO PROMOTE SOCIAL INVESTMENT IN CENTRAL AMERICA. WE SUPPORT INNOVATIVE PROJECTS THAT PREPARE AND EMPOWER PEOPLE AND COMMUNITIES TO CREATIVELY SOLVE THE PROBLEMS THEY FACE. WITHIN THAT BROAD OBJECTIVE, OUR CURRENT FOCUS IS ON CENTRAL AMERICA, INCLUDING COSTA RICA, HONDURAS, EL SALVADOR, GUATEMALA, NICARAGUA, AND PANAMA FOR THE PURPOSES DESCRIBED ABOVE.

INTEREST INCOME OF 176,890 EARNED ON BANK BALANCE IS USED FOR EXEMPT PURPOSES AS DESCRIBED ABOVE.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	PROFESSIONAL FEES	CategoryTxt
Amt	$10,000	Amt
Net Investment Income	$10,000	NetInvestmentIncomeAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
RECEIVABLES FROM RIO FUERTE'S INVEST	AT COST	$2,023,353	$2,023,353
INV IN RIO FUERTE ENTERPRISES	AT COST	$8,449,735	$11,535,474
INV IN RIO FUERTE CAPITAL LP	AT COST	$2,198,955	$2,772,255

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES	$512	$512
K1S - CHARITABLE CONTRIBUTION	$364	$364
K1S - INTEREST EXPENSE DEBT F	$5,451	$5,451
K1S - N/D EXPS	$21,185	$21,185
K1S - OTHER DEDUCTIONS	$373,707	$373,707
K1S - PORTFOLIO DEDUCTIONS	$113	$113
K1S - SEC 743 NEGATIVE ADJ	$3,614	$3,614
K1S - SECTION 179	$102	$102
K1S - STATE TAXES	$1,055	$1,055
OFFICE SUPPORT	$7,280	$7,280
OIL & GAS	$103,312	$103,312
OTHER DEDUCTIONS	$6,888	$6,888

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (25 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
K1S - 1231 GAIN/LOSS	-$1,032	-$1,032
K1S - UBTI 1231 GAIN/LOSS	$6
K1S - SECTION 1202 - 100%	$2,316	$2,316
K1S - 951(A) INCLUSION	$47	$47
K1S - 951(A) INCLUSION	$7
K1S - OTHER TAX EXEMPT INC	$1,369	$1,369
K1S - OTHER INCOME UBTI	-$1
K1S - OTHER INCOME	$38,379	$38,379
K1S - CANCELLATION OF DEBT	$10	$10
K1S - 1256 LOSS	-$593	-$593
K1S - ST CAP GAINS	$6,647	$6,647
K1S - LT CAP GAINS	$709,008	$709,008
K1S - UBTI ST CAP GAINS	$1,679
K1S - OTHER PORT. INC.	$71,943	$71,943
K1S - UBTI OTHER PORT. INC.	$120
K1S - UBTI LT CAP GAINS	$28
K1S - RENTAL	-$2,560	-$2,560
K1S - UBTI RENTAL	-$20
K1S - UBTI ORD BUS INCOME	$87,639
K1S - INVESTMENT INTEREST EXP	-$8,984
K1S - INTEREST EXPENSE - DEBT	-$4,313
K1S - SECTION 179 DEDUCTION	-$5
K1S - OTHER DEDUCTIONS	-$5,076
K1S - CHARITABLE CONTRIBUTION	-$62
K1S - ROYALTY INCOME	$3,410	$3,410

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	OTHER INCREASE	Desc
Amt	$94,362	Amt