STROUD FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
STROUD FOUNDATION (EIN 01-0793830)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-11
IRS object ID
201502239349100900
Schema version
2014v5.0
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)
Return2015-08-11T17:44:15-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLARENCE WHITE CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5389AddressLine1Txt
CityOAKLANDCityNm
State AbbreviationCAStateAbbreviationCd
ZIP946050389ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010793830EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Stroud FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTROBusinessNameControlTxt
Phone6303680511PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11900 Spring RoadAddressLine1Txt
CityOak BrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoseph A StroudPersonNm
Person TitlePresidentPersonTitleTxt
Signature2015-08-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonClarence White CPAPreparerPersonNm
PTINP00639084PTIN
Phone5103768346PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,264,872FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$36InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$36InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$36InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$46,795DividendsRevAndExpnssAmt
Dividends Net Invst Incm$46,795DividendsNetInvstIncmAmt
Dividends Adj Net Incm$46,795DividendsAdjNetIncmAmt
Other Income Rev And Expnss$970OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$47,801TotalRevAndExpnssAmt
Total Net Invst Incm$46,831TotalNetInvstIncmAmt
Total Adj Net Incm$46,831TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$71,467ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$71,467ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$71,467TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$71,467TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$23,666ExcessRevenueOverExpensesAmt
Net Investment Income$46,831NetInvestmentIncomeAmt
Adjusted Net Income$46,831AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$431,185CashBOYAmt
Cash EOY$285,637CashEOYAmt
Cash EOYFMV$285,637CashEOYFMVAmt
Other Nts And Loans Rcvbl$100,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY$100,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$100,000OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY$3,920PrepaidExpensesBOYAmt
Prepaid Expenses EOY$3,920PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$3,920PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$769,550CorporateStockBOYAmt
Corporate Stock EOY$875,315CorporateStockEOYAmt
Corporate Stock EOYFMV$875,315CorporateStockEOYFMVAmt
Total Assets BOY$1,204,655TotalAssetsBOYAmt
Total Assets EOY$1,264,872TotalAssetsEOYAmt
Total Assets EOYFMV$1,264,872TotalAssetsEOYFMVAmt
Accounts Payable BOY$3,920AccountsPayableBOYAmt
Accounts Payable EOY$8,920AccountsPayableEOYAmt
Total Liabilities BOY$3,920TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,920TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,193,455UnrestrictedBOYAmt
Unrestricted EOY$1,169,789UnrestrictedEOYAmt
Temporarily Restricted BOY$7,280TemporarilyRestrictedBOYAmt
Temporarily Restricted EOY$86,163TemporarilyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,200,735TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,255,952TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,204,655TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,264,872TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,200,735TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$23,666ExcessRevenueOverExpensesAmt
Other Increases$78,883OtherIncreasesAmt
Subtotal$1,255,952SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,255,952TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$937InvestmentIncomeExciseTaxAmt
Subtotal$937SubtotalAmt
Tax Based On Investment Income$937TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,092EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,092TotalPaymentsAndCreditsAmt
Overpayment$2,155OverpaymentAmt
Applied To ES Tax$2,155AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1OrganizationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6303680511PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11900 Spring Road Suite 202AddressLine1Txt
CityOak BrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Joseph A Stroud
109 Indian Trail RoadOak BrookIL60523President2.00$0
Yvonne M Stroud
109 Indian Trail RoadOak BrookIL60523Secretary/Trea.0.50$0
Vonesca Stroud
460 McGraw StreetSeattleWA98109Director0.25$0
Amber Stroud
109 Indian Trail RoadOak BrookIL60523Director0.25$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$937TaxBasedOnInvestmentIncomeAmt
Total Tax$937TotalTaxAmt
Distributable Before Adj$937DistributableBeforeAdjAmt
Distributable Before Ded$937DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$71,467ExpensesAndContributionsAmt
Qualifying Distributions$71,467QualifyingDistributionsAmt
Adjusted Qualifying Distri$71,467AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$163,500ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$10,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$79,500ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$267,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$520,500TotalExcessDistributionCyovAmt
Qualifying Distributions$71,467QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$71,467RemainingDistriFromCorpusAmt
Total Corpus$591,967TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$163,500ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$428,467ExcessDistriCyovToNextYrAmt
Excess From Year4$10,000ExcessFromYear4Amt
Excess From Year3$79,500ExcessFromYear3Amt
Excess From Year1$267,500ExcessFromYear1Amt
Excess From Current Year$71,467ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJoseph A Stroud PresidentRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11900 Spring Road Suite 220AddressLine1Txt
CityOak BrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6303680511RecipientPhoneNum
Form And Info And MaterialsNo Formal Application Required. A Request in Letter Form Setting Forth Details of Funds Requested Is Accetable.FormAndInfoAndMaterialsTxt
Submission Deadlines(none)SubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Americans for Huntington Initiative
18000 Oak Park AveTinley ParkIL60477NoneNoneGeneral Support$20,467
Creative Kids Count Inc
4421 W Culbreath AveTampaFL33609NoneNoneGeneral Support$25,000
Victorious Life Teaching Embassy
18457 S KedzieHomewoodIL60430NoneNoneGeneral Support$26,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$71,467TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$36ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$46,795ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescIncome Tax RefundDesc
Related Or Exempt Function Incm$970RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$46,831ExclusionAmt
Related Or Exempt Function Incm$970RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$47,801TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCorporate Common StocksStockNm
EOY Book Value$875,315EOYBookValueAmt
EOYFMV$875,315EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescIncome Tax RefundDesc
Revenue And Expenses Per Books$970RevenueAndExpensesPerBooksAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1Victorious Life Teach EmbassyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$100,000BalanceDueAmt

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