STROUD FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- STROUD FOUNDATION (EIN 01-0793830)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-13
- IRS object ID
- 201303179349101400
- Schema version
- 2012v2.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-13T15:00:17-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARENCE WHITE CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010793830 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Stroud Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STRO | NameControl |
| Phone | 6303680511 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joseph A Stroud | Name |
| Title | President | Title |
| Date Signed | 2013-11-11 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Clarence White CPA | Name |
| PTIN | P00639084 | PTIN |
| Phone | 5103768346 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 812700 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 39 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 39 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 39 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 69044 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 69044 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 69044 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 131880 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 499912 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 131880 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 200963 | TotalRevenueAndExpenses |
| Total Net Investment Income | 200963 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 69083 | TotalAdjustedNetIncome |
| Taxes Rev And Expnss | 4986 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 4986 | TaxesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 4986 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 4986 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 4986 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 4986 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 0 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 195977 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 195977 | NetInvestmentIncome |
| Adjusted Net Income | 69083 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 149005 | CashBOY |
| Cash EOY | 686359 | CashEOY |
| Receivables From Officers BOY | 34161 | ReceivablesFromOfficersBOY |
| Receivables From Officers EOY | 34161 | ReceivablesFromOfficersEOY |
| Investments Corp Stock BOY | 1143203 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 812700 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 812700 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 1326369 | TotalAssetsBOY |
| Total Assets EOY | 1533220 | TotalAssetsEOY |
| Total Assets EOYFMV | 812700 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 3003 | AccountsPayableBOY |
| Accounts Payable EOY | 3003 | AccountsPayableEOY |
| Other Liabilities EOY | 4986 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 3003 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7989 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1237263 | UnrestrictedBOY |
| Unrestricted EOY | 1449582 | UnrestrictedEOY |
| Temporarily Restricted BOY | 86103 | TemporarilyRestrictedBOY |
| Temporarily Restricted EOY | 75649 | TemporarilyRestrictedEOY |
| Total Net Assets BOY | 1323366 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1525231 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1326369 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1533220 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1323366 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 195977 | ExcessOfRevenueOverExpenses |
| Other Increases | 5888 | OtherIncreases |
| Subtotal | 1525231 | Subtotal |
| Total Net Assets Fund Balances EOY | 1525231 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 4562 shs AT&T | P | 2009-11-19 | 2012-07-18 | 163989 | 118622 | 45367 | 45367 |
| 9345 shs AT&T | P | 2008-10-14 | 2012-07-18 | 335923 | 249410 | 86513 | 86513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 131880 | CapitalGainNetIncome |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 3920 | InvestmentIncomeExciseTax |
| Subtotal | 3920 | Subtotal |
| Tax Based On Investment Income | 3920 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 4948 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 4948 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 58 | PenaltyForUnderpayment |
| Overpayment | 970 | Overpayment |
| Amount To Be Refunded | 970 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | IL | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 6303680511 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Spring Road Suite 330 | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Amber Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | Director | 0.25 | 0 |
| Vonesca Stroud | ||||||
| 460 McGraw Street | Seattle | WA | 98109 | Director | 0.25 | 0 |
| Yvonne M Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | Secretary/Trea. | 0.25 | 0 |
| Joseph A Stroud | ||||||
| 109 Indian Trail Road | Oak Brook | IL | 60523 | President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 3920 | TaxBasedOnInvestmentIncome |
| Total Tax | 3920 | TotalTax |
| Distributable Amount Before Adj | 3920 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 3920 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 0 | ExpensesAndContributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 550000 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 515565 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 163500 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 10000 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 79500 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1318565 | TotalExcessDistriCarryover |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Total Corpus | 1318565 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 550000 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 768565 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 515565 | ExcessFromYear4 |
| Excess From Year3 | 163500 | ExcessFromYear3 |
| Excess From Year2 | 10000 | ExcessFromYear2 |
| Excess From Year1 | 79500 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | Joseph A Stroud President | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Spring Road Suite 330 | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6303680511 | RecipientPhoneNumber |
| Form And Info And Materials | No Formal Application Required. A Request in Letter Form Setting Forth Details of Funds Requested Is Accetable. | FormAndInfoAndMaterials |
| Submission Deadlines | (none) | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 1 | ExclusionCode |
| Exclusion | $39 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 1 | ExclusionCode |
| Exclusion | $69,044 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 131880 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $69,083 | ExclusionAmount |
| Related Or Exempt Function Income | 131880 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 200963 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CY Unrealized Gains Increase | Description |
| Amount | $5,888 | Amount |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Income | Category |
| Amount | $4,986 | Amount |
| Net Investment Income | 4986 | NetInvestmentIncome |
Comments