2025-11-14T14:51:31-06:00 2024-12-31 861065772 DELOITTE TAX LLP 1001 WOODWARD AVE SUITE 700 DETROIT MI 48226 990 2024-02-06 991173772 STRADA PHILANTHROPY INC STRA 3178061200 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 RUTH WATKINS CHAIR 3178061200 2025-11-14 1 1 KRISTYN FORSTER P01704059 3133963000 2024 2025-03-06 01:10:19Z X RUTH WATKINS 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 115102113 0 X N/A X 2024 IN 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. 5 0 0 0 38 0 0 0 19218549 0 19218549 0 0 0 0 0 729160 729160 18489389 420542467 216721 420325746 X 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. 0 0 0 0 0 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. 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X SARA LARCO 3178061200 10 W MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 RUTH WATKINS CHAIR/DIRECTOR 5.00 35.00 X X 0 1000590 106905 LARRY LUTZ VICE CHAIR/DIRECTOR 1.00 39.00 X X 0 673733 82485 RHONDA POWELL DIRECTOR 1.00 39.00 X 0 668094 76908 THOMAS DAWSON DIRECTOR 1.00 39.00 X 0 654103 74883 DARYL GRAHAM DIRECTOR 1.00 39.00 X 0 427122 42800 MICHAEL AUSTIN TREASURER 1.00 39.00 X 0 625297 82619 RYAN WAGGONER SECRETARY 5.00 35.00 X 0 330213 58675 0 4379152 525275 0 0 1 0 0 15416419 38 15416381 99685694 95883564 3802130 3802130 3802130 19218549 0 38 19218511 708684 708684 20476 20476 729160 0 729160 0 0 3009715 0 1681232 0 9786397 89662484 316402639 0 420542467 0 216721 0 216721 X 420325746 0 420325746 0 420542467 X 18489389 3872135 397964222 X 0 1 X 1 0 X X X 1 STRADA EDUCATION FOUNDATION INC 473044430 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1: PURSUANT TO THE ARTICLES OF INCORPORATION OF STRADA PHILANTHROPY, INC. (THE "CORPORATION"), THE CORPORATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF A CLASS OF ORGANIZATIONS THAT INCLUDES: (I) STRADA EDUCATION FOUNDATION, INC. (THE "FOUNDATION"); AND (II) ORGANIZATIONS WHOSE PURPOSE(S) ARE TO FURTHER THE FOUNDATION'S MISSION TO DEVELOP AND SUPPORT PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN POSTSECONDARY EDUCATION AND OPPORTUNITY IN THE U.S. AND WHICH ARE ORGANIZED AND AT ALL TIMES OPERATED AS DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"), AS AMENDED, OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAWS (THE "CODE"), INCLUDING AN ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(4), (5), OR (6) WHICH WOULD BE DESCRIBED IN CODE SECTION 509(A)(2) IF IT WERE AN ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(3) (TOGETHER WITH THE FOUNDATION, THE "SUPPORTED ORGANIZATIONS"). PART IV, SECTION B, LINE 2: STRADA PHILANTHROPY, INC. (THE "CORPORATION") IS OPERATED, SUPERVISED AND CONTROLLED BY STRADA EDUCATION FOUNDATION, INC. (THE "FOUNDATION"), WHICH APPOINTS 100% OF THE CORPORATION'S BOARD OF DIRECTORS. CONSISTENT WITH TREAS. REG. 1.509(A)-4(G), IN ADDITION TO BENEFITING THE FOUNDATION, THE CORPORATION EXISTS TO ALSO BENEFIT A CLASS OF SUPPORTED ORGANIZATIONS BY PROVIDING THEM GRANTS TO FUND PROJECTS THAT DIRECTLY FURTHER THE FOUNDATION'S CHARITABLE MISSION OF DEVELOPING AND SUPPORTING PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN POSTSECONDARY EDUCATION AND OPPORTUNITY IN THE U.S. 0 FIXED INCOME: CORPORATE BONDS 91049009 F FIXED INCOME: ASSET BACKED SECURITIES 5170188 F FIXED INCOME: MUNICIPAL BONDS 43476499 F EQUITY SECUITIES 1835833 F PRIVATE REAL ASSETS 174871110 F 316402639 X PART X, LINE 2: STRADA PHILANTHROPY, INC. IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION FOUNDATION, INC. PER THE CONSOLIDATED FINANCIAL STATEMENTS, "THE COMPANY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2024 OR 2023." EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 2956919 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 76637467 NORTH AMERICA 0 0 INVESTMENTS 3574075 0 0 0 0 0 0 83168461 0 83168461 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 RUTH WATKINS CHAIR/DIRECTOR 0 652472 0 296784 0 51334 0 72479 0 34426 0 1107495 0 22443 LARRY LUTZ VICE CHAIR/DIRECTOR 0 434603 0 175840 0 63290 0 38799 0 43686 0 756218 0 14836 RHONDA POWELL DIRECTOR 0 450638 0 189833 0 27623 0 42340 0 34568 0 745002 0 0 THOMAS DAWSON DIRECTOR 0 357667 0 169444 0 126992 0 31197 0 43686 0 728986 0 24532 MICHAEL AUSTIN TREASURER 0 429342 0 159161 0 36794 0 37006 0 45613 0 707916 0 6648 DARYL GRAHAM DIRECTOR 0 290819 0 108795 0 27508 0 17234 0 25566 0 469922 0 216 RYAN WAGGONER SECRETARY 0 248983 0 60833 0 20397 0 12857 0 45818 0 388888 0 0 PART I, LINE 3: STRADA EDUCATION FOUNDATION, INC., A RELATED ENTITY OF STRADA PHILANTHROPY, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B: ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE ARE REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2024 TO THE FOLLOWING LISTED PERSONS IN PART VII: RUTH WATKINS - $22,443 LARRY LUTZ - $14,836 THOMAS DAWSON - $24,532 MICHAEL AUSTIN - $6,648 DARYL GRAHAM - $216 FORM 990, PART VI, SECTION A, LINE 2 PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION FOUNDATION, INC. BOARDS OR BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION FOUNDATION, INC. ENTITIES. FORM 990, PART VI, SECTION A, LINE 7A STRADA EDUCATION FOUNDATION, INC. HAS THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF TRUSTEES OF STRADA PHILANTHROPY, INC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE STRADA PHILANTHROPY, INC. CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATIONS OF STRADA PHILANTHROPY, INC.'S TOP MANAGEMENT OFFICIAL AND SOME OFFICERS FOR CALENDAR YEAR 2024 WERE MADE BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF STRADA EDUCATION FOUNDATION, INC. WHOSE MEMBERS HAVE NO CONFLICT OF INTEREST WITHIN THE MEANING OF TREAS. REG. 53.4958-6(C)(1)(III). THE COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION PHILOSOPHY, AND WITH COMPARABILITY DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, ANNUALLY EVALUATES THE PERFORMANCE OF THE TOP MANAGEMENT OFFICIAL AND MOST OFFICERS, AND DETERMINES IN ADVANCE THE REASONABLENESS OF COMPENSATION PAID TO AND BENEFITS PROVIDED TO SUCH INDIVIDUALS. THE DETERMINATIONS MADE AND THE BASIS OF SUCH DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITTEN MINUTES. FINAL DETERMINATIONS ARE REPORTED TO THE FULL BOARD OF TRUSTEES OF STRADA EDUCATION FOUNDATION, INC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS FROM STRADA EDUCATION FOUNDATION, INC. 397,964,222. STRADA EDUCATION FOUNDATION INC 10 WEST MARKET STREET STE 1100 INDIANAPOLIS IN 46204 473044430 PARENT ORGANIZATION DE 501(C)(3) LINE 7 N/A 0 STRADA SOLUTIONS INC 10 WEST MARKET STREET STE 1100 INDIANAPOLIS IN 46204 371897172 HOLDING COMPANY DE N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 STRADA EDUCATION FOUNDATION INC S 397964222 BOOK VALUE