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Nonprofit · EIN 99-1173772

STRADA PHILANTHROPY INC

Tax-exempt · INDIANAPOLIS, IN 46204

Financials

$19.2M$729K2024
Revenue Expenses · by fiscal year end
Financials of STRADA PHILANTHROPY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,218,549$729,160$18,489,389$420,542,467$216,721$420,325,746
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$19,218,549
Net gain from sales of assets
$3,802,130
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$729,160

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$420,542,467
Total liabilities, end of year
$216,721
Net assets, end of year
$420,325,746
Publicly traded securities
$89,662,484
Net assets without donor restrictions
$420,325,746
Gross unrelated business income
$38
Gross receipts
$115,102,113
Employees
0
Volunteers
0
Year formed
2024
State of legal domicile
IN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RUTH WATKINSCHAIR/DIRECTOR
Trustee or director, Officer
5$0$1,000,590$106,905
LARRY LUTZVICE CHAIR/DIRECTOR
Trustee or director, Officer
1$0$673,733$82,485
RHONDA POWELLDIRECTOR
Trustee or director
1$0$668,094$76,908
THOMAS DAWSONDIRECTOR
Trustee or director
1$0$654,103$74,883
MICHAEL AUSTINTREASURER
Officer
1$0$625,297$82,619
DARYL GRAHAMDIRECTOR
Trustee or director
1$0$427,122$42,800
RYAN WAGGONERSECRETARY
Officer
5$0$330,213$58,675

Address and contacts

Address (IRS master file)
10 W MARKET ST STE 1100, INDIANAPOLIS, IN 46204-0074
Principal officer (990 for 2024)
RUTH WATKINS, 10 WEST MARKET STREET SUITE 1100, INDIANAPOLIS, IN 46204
Signed the 990
RUTH WATKINS, CHAIR
Phone
(317) 806-1200
Return prepared by
DELOITTE TAX LLP

Mission

STRADA PHILANTHROPY, INC. ADVANCES THE CHARITABLE PURPOSES OF STRADA EDUCATION FOUNDATION, INC. (STRADA) BY SUPPORTING ORGANIZATIONS THAT CARRY OUT STRADA'S CHARITABLE AND EDUCATIONAL MISSION OF STRENGTHENING CONNECTIONS BETWEEN EDUCATION AND OPPORTUNITY IN THE U.S., WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING.

990 for the year ended December 31, 2024

Program accomplishments

  • STRADA PHILANTHROPY, INC. (THE "CORPORATION") IS A GRANTMAKING ORGANIZATION THAT PROVIDES CATALYTIC FUNDING FOR NONPROFIT ORGANIZATIONS, POSTSECONDARY EDUCATION INSTITUTIONS, AND WORKFORCE AND SKILLS-BASED EDUCATIONAL PROVIDERS THAT ADVANCE THE CHARITABLE MISSION OF STRADA EDUCATION FOUNDATION, INC., THE CORPORATION'S SUPPORTED ORGANIZATION.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-1173772
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B02)
Assets (IRS master file)
$420,542,467
Income (IRS master file)
$115,102,113

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,218,549$729,160$420,542,467XML

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 99-1173772).

Questions about STRADA PHILANTHROPY INC

What is the EIN of STRADA PHILANTHROPY INC?
The employer identification number (EIN) of STRADA PHILANTHROPY INC is 99-1173772.
Is STRADA PHILANTHROPY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to STRADA PHILANTHROPY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does STRADA PHILANTHROPY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of STRADA PHILANTHROPY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STRADA PHILANTHROPY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of STRADA PHILANTHROPY INC?
The 990 for the year ended December 31, 2024 names RUTH WATKINS.
Who are the officers and directors of STRADA PHILANTHROPY INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does STRADA PHILANTHROPY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,218,549, expenses of $729,160 and total assets of $420,542,467 at year end.

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