STRAKE FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- STRAKE FOUNDATION (EIN 76-0041524)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-07-03
- IRS object ID
- 201942059349100124
- Schema version
- 2018v3.1
- Note
- A later return for the same period supersedes this one.
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-07-03T11:21:14-00:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BREEDLOVE & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17014 Seven Pines Dr | AddressLine1Txt |
| City | Spring | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77379 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760041524 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRAKE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STRA | BusinessNameControlTxt |
| Phone | 7132162400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET Room 3300 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770023215 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDALL WOODRUFF | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Signature | 2019-07-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jill A Henze CPA | PreparerPersonNm |
| Phone | 2813791065 | PhoneNum |
| Preparation | 2019-07-03 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.192.94.33 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-07-24 | IPDt |
| IP Tm | 22:22:49 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8E5DC6DE39A328AC51CB765B7D520647AA119439 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DEA80426C937D7F6E60D482C366D6D0B9361ACE8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $57,152,105 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Interest On Sav Rev And Expnss | $556 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $556 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,491,619 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,491,619 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $570,383 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,682,847 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $570,383 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $806,579 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $806,579 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,869,137 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,869,137 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $224,877 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $56,219 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $168,658 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $73,170 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $14,634 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $58,536 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $94,316 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $23,579 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $70,737 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $38,086 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $19,043 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $19,043 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $137,199 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $137,199 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $7,539 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,539 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $689 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $689 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $36,983 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $18,492 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $18,491 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,069 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,694 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $8,375 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $104,569 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $66,351 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $38,214 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $727,497 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $345,439 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $382,054 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,393,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,393,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,121,247 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $345,439 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,775,804 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,252,110 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,523,698 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $768,907 | CashBOYAmt |
| Cash EOY | $1,136,352 | CashEOYAmt |
| Cash EOYFMV | $1,136,352 | CashEOYFMVAmt |
| Prepaid Expenses EOY | $47,243 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $47,243 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $16,410,782 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,961,939 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $42,991,855 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,297,052 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $12,932,109 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,932,109 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $37,958 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,239 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,227 | LandBOYAmt |
| Land EOY | $1,719 | LandEOYAmt |
| Land EOYFMV | $1,719 | LandEOYFMVAmt |
| Other Assets BOY | $975 | OtherAssetsBOYAmt |
| Other Assets EOY | $42,827 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $42,827 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $24,481,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,122,189 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $57,152,105 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $24,481,943 | CapitalStockBOYAmt |
| Capital Stock EOY | $31,122,189 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,481,943 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,122,189 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,481,943 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,122,189 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,481,943 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,252,110 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,892,356 | OtherIncreasesAmt |
| Subtotal | $31,122,189 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,122,189 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SALE OF SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2018-01-01 | AcquiredDt |
| Sold | 2018-12-31 | SoldDt |
| Gross Sales Price | $4,682,847 | GrossSalesPriceAmt |
| Cost Or Other Basis | $4,112,464 | CostOrOtherBasisAmt |
| Gain Or Loss | $570,383 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $570,383 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $570,383 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $570,383 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,610,062 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $61,501,090 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 000.058699 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,755,213 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $60,610,018 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 000.061957 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,328,724 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $62,805,477 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 000.068923 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,885,166 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $74,124,159 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 000.065905 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,290,072 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $64,718,440 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 000.050837 | DistributionYr5Rt |
| Total Distribution | 000.306321 | TotalDistributionRt |
| Average Distribution | 000.061264 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $60,565,518 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,710,486 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $25,237 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,735,723 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,775,804 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $25,237 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $25,237 | SubtotalAmt |
| Tax Based On Investment Income | $25,237 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $72,480 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $65,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $137,480 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $137,480 | OriginalReturnTaxPaidAmt |
| Overpayment | $112,243 | OverpaymentAmt |
| Applied To ES Tax | $30,000 | AppliedToESTaxAmt |
| Refund | $82,243 | RefundAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | MR RANDALL WOODRUFF | IndividualWithBooksNm |
| Phone | 7134001170 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET SUITE 3300 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| RANDALL K WOODRUFF | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | EXEC DIR | 032.00 | $169,486 |
| GEORGE W STRAKE JR | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | PRESIDENT/TREASURER | 005.00 | $34,391 |
| DIANA D HOOVER | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | VICE PRESIDENT | 002.00 | $3,000 |
| ROBERT S PARSLEY | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | SECRETARY | 002.00 | $3,000 |
| STEPHEN D STRAKE | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | DIRECTOR | 002.00 | $3,000 |
| DANIEL D PARSLEY | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | DIRECTOR | 002.00 | $3,000 |
| LINDA JOHNSON | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | DIRECTOR | 002.00 | $3,000 |
| STEVE SMITH | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | DIRECTOR | 002.00 | $3,000 |
| CATHY MCCONN | ||||||
| 712 MAIN ST STE 3300 | HOUSTON | TX | 77002 | DIRECTOR | 002.00 | $3,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALICIA JUNG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET STE 3300 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | SECRETARY | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 040.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $73,170 | CompensationAmt |
| Employee Benefits | $33,506 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | UBS FINANCIAL SERVICES | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 109 POST OAK CIRCLE SUITE 150 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $91,864 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | 286 GRANTS TO VARIOUS CHURCHES, SCHOOLS AND OTHER NONPROFIT CAUSES | Description1Txt |
| Expenses1 | $3,393,750 | Expenses1Amt |
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 | $46,809,046 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,060,233 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,618,557 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $61,487,836 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $61,487,836 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $922,318 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $60,565,518 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,028,276 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,028,276 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,237 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,237 | TotalTaxAmt |
| Distributable Before Adj | $3,003,039 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,003,039 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,003,039 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,775,804 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,775,804 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $25,237 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,750,567 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,003,039 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $1,288,288 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,115,495 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $852,330 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $679,967 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,936,080 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,775,804 | QualifyingDistributionsAmt |
| Applied To Current Year | $3,003,039 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $772,767 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,708,847 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $4,708,847 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,288,288 | ExcessFromYear4Amt |
| Excess From Year3 | $1,115,495 | ExcessFromYear3Amt |
| Excess From Year2 | $852,330 | ExcessFromYear2Amt |
| Excess From Year1 | $679,967 | ExcessFromYear1Amt |
| Excess From Current Year | $772,767 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GRANTS ADMINISTRATOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 712 MAIN STREET SUITE 3300 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7134001170 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATIONS ARE PROCESSED ONLINE. CONTACT THE GRANTS ADMINISTRATOR AT THE STRAKE FOUNDATION FOR A LINK TO THE GRANT APPLICATION. THE FOLLOWING INFORMATION WILL BE REQUESTED DURING THE APPLICATION PROCESS COVER LETTER WITH BRIEF DESCRIPTION OF NEED COPY OF CURRENT IRS DETERMINATION LETTER INDICATING SECTION 501C3 TAX EXEMPT STATUS LIST OF CURRENT BOARD OF DIRECTORS COPY OF ANNUAL BUDGET AND COPY OF YOUR MOST RECENT FORM 990 TAX RETURN. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATION SHOULD BE SUBMITTED BEFORE APRIL 1 OR OCTOBER 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | APPLICATION GUIDELINES SUBMIT ONLY ONE REQUEST WITHIN ANY CALENDAR YEAR GRANTS MADE ONLY TO QUALIFIED SECTION 501C3 NON-PROFIT ORGANIZATIONS, GRANTS WILL NOT BE MADE TO INDIVIDUALS OR NON-QUALIFIED ORGANIZATIONS SUPPORT CONSIDERED FOR HOSPITAL AND MEDICAL RESEARCH, PRIVATE SECONDARY AND HIGHER EDUCATIONAL INSTITUTIONS, CULTURAL AND SOCIAL SERVICES, INCLUDING PROGRAMS FOR YOUTH AND SUPPORT IS CONSIDERED FOR OPERATING BUDGETS, CAPITAL CAMPAIGNS, SPECIAL PROJECTS, RESEARCH, MATCHING FUNDS AND GENREAL PURPOSES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS ORGANIZATIONS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | OPERATIONAL PROGRAM SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $3,393,750 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,393,750 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS ORGANIZATIONS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS STREET | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | OPERATIONAL PROGRAM SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $1,285,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,285,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $556 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,491,619 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $570,383 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionAmt |
|---|---|
| PARTNERSHIP INCOME | $579,873 |
| OIL GAS ROYALTIES | $262 |
| OTHER INVESTMENT INCOME | $226,444 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,869,137 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,869,137 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | N/A | RelationshipStatementTxt |
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 Services - Audit Tax | CategoryTxt |
| Amt | $38,086 | Amt |
| Net Investment Income | $19,043 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $19,043 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | EQUIPMENT | PropertyDesc |
| Acquired | 2014-01-01 | AcquiredDt |
| Cost Or Other Basis | $37,958 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $35,550 | PriorYearDepreciationAmt |
| Computation Method | STRAIGHT LINE | ComputationMethodTxt |
| Current Year Expense | $689 | CurrentYearExpenseAmt |
| Net Investment Income | $689 | NetInvestmentIncomeAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HELD AT FIDELITY | $3,177,731 | $22,143,174 |
| HELD AT UBS | $13,784,208 | $20,848,681 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BLACKSTONE MINERALS CO, LP | FMV | $10,552,287 | $10,552,287 |
| BELRIDGE ENERGY ADVISORS LP | FMV | $132,300 | $132,300 |
| SALIENT FUNDS ENDOWMENT PMF TEI | FMV | $128,187 | $128,187 |
| SALIENT NATURAL RESOURCE FUND, L.P. | FMV | $765,405 | $765,405 |
| NAVITAS FUND, L.P. | FMV | $325,587 | $325,587 |
| PELICAN ENERGY PARTNERS, LP | FMV | $386,448 | $386,448 |
| ZARVONA FUND II-B LP | FMV | $388,314 | $388,314 |
| SPQR ENERGY LP | FMV | $252,100 | $252,100 |
| TEXAS REEXPLORATION LTD. 06 | FMV | $1,481 | $1,481 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $37,958 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $36,239 | AccumulatedDepreciationAmt |
| Book Value | $1,719 | BookValueAmt |
| EOYFMV | $1,719 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER CURRENT ASSETS | $975 | ||
| ACCRUED INTEREST RECEIVABLE | $42,827 | $42,827 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $11,265 | $5,633 | $5,632 |
| MEALS ENTERTAINMENT | $196 | $98 | $98 |
| TELEPHONE | $4,805 | $1,442 | $3,363 |
| OFFICE ADMIN SERVICES | $16,294 | $4,882 | $11,408 |
| COMPUTER OPERATIONS | $18,502 | $1,850 | $16,652 |
| COMMUNICATIONS | $2,646 | $1,585 | $1,061 |
| BOND PREMIUM INTEREST | $50,861 | $50,861 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $579,873 | $579,873 |
| OIL GAS ROYALTIES | $262 | $262 |
| OTHER INVESTMENT INCOME | $226,444 | $226,444 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENT-PARTNERSHIP COST | Desc |
| Amt | $7,892,356 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT EXPENSE | CategoryTxt |
| Amt | $137,199 | Amt |
| Net Investment Income | $137,199 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| STATE AND PROPERTY TAXES | $25 | $25 |
| FOREIGN TAXES | $7,514 | $7,514 |
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