STROUD FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- STROUD FOUNDATION (EIN 01-0793830)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-08
- IRS object ID
- 201413129349100401
- Schema version
- 2013v3.1
- 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
- Investments Corp Stock Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-08T10:41:21-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARENCE WHITE CPA | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5389 | AddressLine1 |
| City | OAKLAND | City |
| State | CA | State |
| ZIP Code | 946050389 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010793830 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Stroud Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STRO | BusinessNameControlTxt |
| Phone | 6303680511 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Spring Road | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph A Stroud | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2014-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Clarence White CPA | PreparerPersonNm |
| PTIN | P00639084 | PTIN |
| Phone | 5103768346 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,204,655 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,279 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,279 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,279 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $44,698 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,698 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $44,698 | DividendsAdjNetIncmAmt |
| Total Rev And Expnss | $45,977 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $45,977 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $45,977 | TotalAdjNetIncmAmt |
| Other Prof Fees Adj Net Incm | $29,656 | OtherProfFeesAdjNetIncmAmt |
| Taxes Net Invst Incm | $4,948 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $4,948 | TaxesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $0 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,948 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $34,604 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $267,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $267,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $267,500 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,948 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $34,604 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $267,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$221,523 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $41,029 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,373 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $686,359 | CashBOYAmt |
| Cash EOY | $431,185 | CashEOYAmt |
| Cash EOYFMV | $431,185 | CashEOYFMVAmt |
| Rcvbl From Officers BOY | $34,161 | RcvblFromOfficersBOYAmt |
| Prepaid Expenses EOY | $3,920 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,920 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $812,700 | CorporateStockBOYAmt |
| Corporate Stock EOY | $769,550 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $769,550 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,533,220 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,204,655 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,204,655 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,003 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,920 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $4,986 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $7,989 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,920 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,449,582 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,193,455 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $75,649 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $7,280 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,525,231 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,200,735 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,533,220 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,204,655 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,525,231 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$221,523 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,303,708 | SubtotalAmt |
| Other Decreases | $102,973 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,200,735 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $821 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $821 | SubtotalAmt |
| Tax Based On Investment Income | $821 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,920 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,920 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $7 | EsPenaltyAmt |
| Overpayment | $3,092 | OverpaymentAmt |
| Applied To ES Tax | $3,092 | AppliedToESTaxAmt |
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 | IL | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6303680511 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Spring Road Suite 220 | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| 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 | false | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Joseph A Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | President | 2.00 | $0 |
| Yvonne M Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | Secretary/Trea. | 0.25 | $0 |
| Vonesca Stroud | ||||||
| 460 McGraw Street | Seattle | WA | 98109 | Director | 0.25 | $0 |
| Amber Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | Director | 0.25 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | $821 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $821 | TotalTaxAmt |
| Distributable Before Adj | $821 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $821 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $267,500 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $267,500 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $267,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $515,565 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $163,500 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $10,000 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $79,500 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $768,565 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $267,500 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $267,500 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,036,065 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $515,565 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $520,500 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $163,500 | ExcessFromYear4Amt |
| Excess From Year3 | $10,000 | ExcessFromYear3Amt |
| Excess From Year2 | $79,500 | ExcessFromYear2Amt |
| Excess From Current Year | $267,500 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Joseph A Stroud President | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Spring Road Suite 220 | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6303680511 | RecipientPhoneNum |
| Form And Info And Materials | No Formal Application Required. A Request in Letter Form Setting Forth Details of Funds Requested Is Accetable. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | (none) | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| My Christian TV Eden Inc | |||||||
| 1900 Spring Road 202 | Oak Brook | IL | 60523 | None | None | General Support. | $250,000 |
| Americans for Huntington Initiative | |||||||
| 18000 Oak Park Ave | Tinley Park | IL | 60477 | None | None | General Support | $17,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $267,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $1,279 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 1 | ExclusionCd |
| Exclusion | $44,698 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $45,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $45,977 | TotalIncomeProducingActyAmt |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate Common Stocks | StockNm |
| EOY Book Value | $769,550 | EOYBookValueAmt |
| EOYFMV | $769,550 | EOYFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Other Consultants | $0 | $22,456 | $0 |
| Tecknology Consultants | $0 | $7,200 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Income | CategoryTxt |
| Net Investment Income | $4,948 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,948 | AdjustedNetIncomeAmt |
Comments