Nonprofit · EIN 76-0041524
STRAKE FOUNDATION
Tax-exempt · HOUSTON, TX 77057
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $7,777,695 | $3,673,937 | $4,103,758 | $51,884,909 | $347,303 | $51,537,606 |
| December 31, 2024 | 990-PF | $6,380,576 | $4,075,947 | $2,304,629 | $47,325,772 | $23,258 | $47,302,514 |
| December 31, 2023 | 990-PF | $3,438,474 | $3,484,714 | -$46,240 | $44,824,735 | $0 | $44,824,735 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $2,055,610
- Interest
- $229,395
- Net gain from sales of assets
- $4,787,752
- Other income
- $704,938
Expenses
- Grants and similar amounts paid
- $2,940,000
- Compensation of officers, directors and key employees
- $239,670
- Salaries, compensation and benefits (total)
- $94,371
- Disbursements for charitable purposes
- $3,333,597
- Excise tax on investment income
- $103,379
Balance sheet and other
- Total assets, start of year
- $47,325,772
- Total assets, end of year
- $51,884,909
- Total liabilities, end of year
- $347,303
- Net assets, end of year
- $51,537,606
- Fair market value of assets
- $72,848,544
- Qualifying distributions
- $3,333,597
- Net investment income
- $7,777,695
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RANDALL K WOODRUFF 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | EXEC DIR | 32 | $199,170 | $24,471 |
| DIANA D HOOVER 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | VICE PRESIDENT | 2 | $4,500 | – |
| ROBERT S PARSLEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | SECRETARY | 2 | $4,500 | – |
| GREGORY P STRAKE 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| BRIAN PARSLEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| JOHN S PARSLEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| GEORGE W STRAKE III 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | PRESIDENT/TREASURER | 5 | $4,500 | – |
| STEPHEN D STRAKE 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| KATHY COVEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| COLLEEN STROUP 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| ALICIA JUNG 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | SECRETARY Highest-paid employee | 40 | $0 | – |
990-PF for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RANDALL K WOODRUFF 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | EXEC DIR | 32 | $182,292 | $28,167 |
| ALICIA JUNG 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | SECRETARY Highest-paid employee | 40 | $100,222 | $35,830 |
| DIANA D HOOVER 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | VICE PRESIDENT | 2 | $4,500 | – |
| ROBERT S PARSLEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | SECRETARY | 2 | $4,500 | – |
| MELANIE S MEEKS 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| LINDA JOHNSON 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| GEORGE W STRAKE III 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | PRESIDENT/TREASURER | 5 | $4,500 | – |
| STEPHEN D STRAKE 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| KATHY COVEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $4,500 | – |
| JOHN S PARSLEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $3,000 | – |
| SHARON MCNEARNEY 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057 | DIRECTOR | 2 | $3,000 | – |
990-PF for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RANDALL K WOODRUFF 712 MAIN ST STE 3300, HOUSTON, TX 77002 | EXEC DIR | 32 | $143,685 | $25,115 |
| ALICIA JUNG 712 MAIN STREET STE 3300, HOUSTON, TX 77002 | SECRETARY Highest-paid employee | 40 | $48,404 | $18,189 |
| GEORGE W STRAKE JR 712 MAIN ST STE 3300, HOUSTON, TX 77002 | PAST PRESIDENT/TREASURER | 5 | $30,000 | $362 |
| DIANA D HOOVER 712 MAIN ST STE 3300, HOUSTON, TX 77002 | VICE PRESIDENT | 2 | $4,500 | – |
| ROBERT S PARSLEY 712 MAIN ST STE 3300, HOUSTON, TX 77002 | SECRETARY | 2 | $4,500 | – |
| MELANIE S MEEKS 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $4,500 | – |
| LINDA JOHNSON 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $4,500 | – |
| SHARON MCNEARNEY 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $4,500 | – |
| KURT HANSEN 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $3,000 | – |
| JOHN S PARSLEY 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $1,500 | – |
| GEORGE W STRAKE III 712 MAIN ST STE 3300, HOUSTON, TX 77002 | PRESIDENT/TREASURER | 5 | $1,500 | – |
| STEPHEN D STRAKE 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $1,500 | – |
| KEN BALDWIN 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $1,500 | – |
| KATHY COVEY 712 MAIN ST STE 3300, HOUSTON, TX 77002 | DIRECTOR | 2 | $1,500 | – |
Address and contacts
- Address (IRS master file)
- 5847 SAN FELIPE ST STE 4160, HOUSTON, TX 77057-3444
- Signed the 990-PF
- RANDALL WOODRUFF, EXECUTIVE DIRECTOR
- Phone
- (713) 400-1179
- Return prepared by
- BREEDLOVE & CO PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 76-0041524
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $51,884,909
- Income (IRS master file)
- $18,214,743
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $7,777,695 | $3,673,937 | $51,884,909 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | $6,380,576 | $4,075,947 | $47,325,772 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $3,438,474 | $3,484,714 | $44,824,735 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0041524).
Questions about STRAKE FOUNDATION
- What is the EIN of STRAKE FOUNDATION?
- The employer identification number (EIN) of STRAKE FOUNDATION is 76-0041524.
- Is STRAKE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to STRAKE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does STRAKE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of STRAKE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STRAKE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of STRAKE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 11 people; 10 received compensation from the organization, the highest $199,170 (RANDALL K WOODRUFF, EXEC DIR).
- How much revenue does STRAKE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,777,695, expenses of $3,673,937 and total assets of $51,884,909 at year end.
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